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ENTRY 10.1580 /// MODERATE 10%
SL 10.17915 ( pips 221 )
TP 10.08605 ( pips 709 / RR 3.2 )
On 4H we have a solid contraction and we are pretty much at the top of it. RSI is at its highs too.
On 1H we have a minor contraction supportin the sell idea with a decent rejection level.
On the minute charts I see a reversal coming within this hour (in...
Good morning all!
Hope you are all having a superb day!
The video explains our trade idea on buying XAUUSD today. Below you will find some details about the trade.
ENTRY 1653.214 /// MODERATE 10%
SL 1637.737 > MAKE TRAILING SL
TP 1 - 1688.300 ( pips 3549 / RR 2.4 )
TP 2 - 1699.440 ( pips 4643 / RR 3.1...
So, we made some decent pips on selling USDCHF on Friday... before the markets closed we went out of all positions (see our myfxbook) and we waiting for another singal, we now have it!
The trade is explained in detail and our trade tactic too!
Minor contraction & 4H tools support
ENTRY 1.08171 /// AGGRESSIVE POSITION SIZE 20%
TP 1.08790 ( pips 62 / RR 3.64 )
SL 1.07997 ( pips 17 )
Gaps are generally filled quickly in FX unless there is a major change or update to a theme. Over this weekend we did have news but its not anything major aside from the Coronavirus slowing in China but rising in South...
There are excellent chances for WTI to move up from here!
There is still 15mins for this candle to wrap up but I think there are great chances for upside since we are testing a support and have a contraction leading to 61.8%. The new 4H candles just started so im excited to see how things work out!
EURCHF on it's 4H chart has a high chance of a triple bottom chart pattern!
While on the 1H we have good odds for a push up since a trendline has been broken.
We believe this trade has good buying potentials and the video which is attached to this trade idea explains more.
Never underestimate the power of a momentum move... either up or down!
Because once the momentum train starts going its very hard to stop it and it will keep going much further than most have anticipated so don't be that trader that try to predict the reversal!
This video explains more!
The London session is in full force and the only solid trade setup we are trading today is USDCHF.
SL 0.98523 ( pips 14.2 )
TP 0.97870 ( pips 51.1 )
The RR is a solid 3.6 because the SL is pretty tight. I will look to move to break even and add on 5 pips after 20 pips in profit. Then Might re-think my TP as the contraction is...
Ok so the NEw York session is in full swing and I took EURNZD buy for this one... have a small profit already. Below are the details of the trade!
TP 1.69465 with a chance of rising it to 1.69725.
Here we have a contraction leading to a support level, the support levels were tested x3 times in the last 24 hours or so and we are now...
We are focused on Intraday selling of the DAX for today.
TP 13621.75 ( pips 126 / RR 3+ )
SL 13787. 45 ( pips 40 )
Price action is completing a contraction below the 30% of the recent swing from high to low. We have a potential reversal candle on the previous candle and this looks like the best entry indication.
All we need is a breakout of the...
Ok so the New York session is in full force and based on what we see on the DXY its really time to short the US Dollar!
We found this nice setup on EURUSD long... and plenty of the charts agree with the 1H giving us a gorgeous pin bar, aside from that we have a major contraction on the 4H chart indicating a reversal is near.
The DXY is showing excellent selling...
So... the UK data coming out today is pretty important, if bad it increases the chance of a rate cut by the BOE, but if positive it kinda kills it! So there should be pretty big movement on the GBP if the print is better than expected or worse thane expected!
The video pretty much explains our thinking here and our trading tactic, we are long on GBPUSD and we are...
We just went long on this one after lots of preparations we believe it is a good time to go long.
We reviewed the EUR vs all major trading pairs and there are good chances of a bull reversal, on the other side the USD looks pretty weak and even the DXY agrees... maybe its too soon as its still just Monday and there is so much more info to come out but we feel...
Hey hey traders and wannabe traders!
The London trading session is in full force and the markets are already moving! In the video we explain plenty of info about the Coronavirus and the current developments but don't go into the probabilities much, we did that with our community already! This video is all about our trading tactic/analysis on the DAX!