Quadricolor

PRO
Message Follow Following Unfollow
About me Former Analytical chemist, turned Trader. Used to give advice to friends. Basically buy at bottom, sell at top. Funny how they never listened, but agreed with my logic. It's the psychology of trading! Now I combine my analytic skills with Forex.
Joined UK, England
Trading Daily and 4 Hourly EUR, USD, GBP, YEN and BTC (on the side)
Markets Allocation
65 % forex 27 % cryptocurrency 8 % other
Top Mentioned Symbols
BTCUSD 26% | 7 USDJPY 19% | 5 AUDZAR 7% | 2 EURUSD 7% | 2
Quadricolor Quadricolor PRO BTCUSD, D, Long ,
BTCUSD: Bitcoin falls from record highs, buying opportunities soon.
197 0 4
BTCUSD, D Long
Bitcoin falls from record highs, buying opportunities soon.

The Bitcoin (BTCUSD) has had a major retracement after setting new record highs. The RSI signal is now giving early warning to buying opportunities, however there are still reasons to wait. Firstly, the price has found resistance at the 23% Fibonacci area and secondly the RSI has not fallen all the way to the lower, oversold levels. Once RSI touches the area ...

Quadricolor Quadricolor PRO BTCUSD, 240, Short ,
BTCUSD: BTCUSD short term bearish, recent fall from record highs.
53 0 3
BTCUSD, 240 Short
BTCUSD short term bearish, recent fall from record highs.

The bitcoin has fallen from recent record highs and is currently respecting short term Fibonacci 50% resistance levels. This coincides with a stochastic overbought level on the four hour chart. Stronger resistance at these levels has been indicated by the scenario. The long term trend is up, so shorting the trade carries a higher risk, however it can still be ...

Quadricolor Quadricolor PRO GBPJPY, 60, Long ,
GBPJPY: GBPJPY 1 Hour channel set up, wait for Stochastic to turn - Long
41 0 1
GBPJPY, 60 Long
GBPJPY 1 Hour channel set up, wait for Stochastic to turn - Long

There is a channel forming and while at the base the Stochastic indicator is in oversold territory. the label 'Potential Trade' show a 4 to 1 trade at these levels, but we will wait until we get the stochastic turning up to get a confirmed entry signal. Then we will set up the stop loss and take profit levels. The main stop loss will probably be at the orange ...

Quadricolor Quadricolor PRO BTCUSD, 240, Long ,
BTCUSD: BTCUSD respect of resistance offers some buying confirmations.
66 0 3
BTCUSD, 240 Long
BTCUSD respect of resistance offers some buying confirmations.

Now we have both respect of resistance and an oversold condition on the stochastics, going long on BTCUSD is favourable. When buying BTC now, a tight stop loss is required as the long term picture (daily chart) is still overbought. There are also good candlestick doji formations on the 4 Hour chart and another developing on the daily chart. Short term purchases ...

Quadricolor Quadricolor PRO BTCUSD, 240,
BTCUSD: BTC pushing up against resistance. Waiting for confirmations.
119 0 4
BTCUSD, 240
BTC pushing up against resistance. Waiting for confirmations.

In the 4 Hourly graph we can see price action meeting resistance around the $5800 mark. This is shown by the blue box market ‘resistance area’. There has been strong buying action at $5400 market as ‘Potential support No.1’. If enough buyers accumulate then it should push the price past $5800. In this regard if the price pushes strongly past $5800 then the up ...

Quadricolor Quadricolor PRO BTCUSD, D,
BTCUSD: BTC Long term up trend still intact.  Wait to re-enter market.
94 0 4
BTCUSD, D
BTC Long term up trend still intact. Wait to re-enter market.

The overall daily trend is still in a major upward movement. Indicated by higher highs and the 200 day Moving average. The RSI is oversold, indicating some weakness in the price. Some profits can be booked now or held onto, though new long positions or buying activity can be put on hold until some retracement occurs. When the RSI is lower or if there is a good ...

Quadricolor Quadricolor PRO USDZAR, W, Long ,
USDZAR: Long term Rand analysis supports selling of Rand.
40 0 4
USDZAR, W Long
Long term Rand analysis supports selling of Rand.

This is a general trend analysis of the South African Rand, using the USDZAR as a study. It recommends selling the Rand (Long USDZAR, EURZAR, GBPZAR) to buy USD or other currencies. The analysis is meant for individuals who might hold Rands with a view to sell them to move to another country. Analysis points to the fact that now is a good time to start the ...

Quadricolor Quadricolor PRO EURUSD, D, Long ,
EURUSD: Bullish EURUSD daily chart with Gann squares, nearing resistance
98 0 4
EURUSD, D Long
Bullish EURUSD daily chart with Gann squares, nearing resistance

This is a follow on from a previous idea here:https://uk.tradingview.com/chart/EURUSD/0pKGEpaX-Bullish-EURUSD-daily-chart-with-Gann-squares-finding-entries/ . The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart. The resistance is from the previous lows and Fibonacci ...

Quadricolor Quadricolor PRO GBPUSD, 240, Long ,
GBPUSD: Buy GBPUSD on oversold RSI and Fib 50% support respect 4 Hour
64 0 2
GBPUSD, 240 Long
Buy GBPUSD on oversold RSI and Fib 50% support respect 4 Hour

I've entered two positions on the long GBPUSD. Entry 1: Open – 1.328, Take profit 1: 1.3605, Stop loss 1: 1.3177, Risk ratio 3:1 Entry 2: Open – 1.328, Take profit 2: 1.3844, Stop loss 1: 1.3177, Risk ratio 5.5:1 Based on the oversold RSI and respect of Fib (or Gann) 50% with stop loss below the support with room to breathe and good reward ratios.

Quadricolor Quadricolor PRO EURUSD, D, Long ,
EURUSD: Bullish EURUSD daily chart with Gann squares, finding entries
63 0 2
EURUSD, D Long
Bullish EURUSD daily chart with Gann squares, finding entries

With price respecting the Gann arc, I am looking for buying opportunities at the support areas No.1 and No.2. These are also coincide with recent support and resistance areas. I have not placed definitive orders yet as I am watching price action closer to the support areas. I will update as the price action moves into closer positioning.

Quadricolor Quadricolor PRO GBPUSD, D, Long ,
GBPUSD: GBPUSD Daily Long, bullish Flag formation and MA 200 bullish
191 0 7
GBPUSD, D Long
GBPUSD Daily Long, bullish Flag formation and MA 200 bullish

There is a bullish flag formation, supported by the price above a bullish 200 MA and a break of the rising trend channel. This is all supportive of an upward price move. The risk reward ratio is at 9:1 with stop loss just under the lower channel of the flag. I don't see GBP strength against the USD, rather USD weakness against the GBP (see DXY). Trend is up, the ...

Quadricolor Quadricolor PRO XAUUSD, D, Short ,
XAUUSD: A simple Daily Short Gold / XAUUSD trade on support level breaks
45 0 2
XAUUSD, D Short
A simple Daily Short Gold / XAUUSD trade on support level breaks

This is the reverse of the long trade idea I have on gold / XAUUSD . This trade is based around the major support level at 1214. Simply, if the level holds we can expect price to have major bullish support on the long term. If the resistance level breaks, we can see major bearish levels coming in. We can place an order to sell at 1212 (the break of 1214 support ...

Quadricolor Quadricolor PRO XAUUSD, D, Long ,
XAUUSD: A simple Daily Long Gold / XAUUSD trade based on support levels.
81 0 2
XAUUSD, D Long
A simple Daily Long Gold / XAUUSD trade based on support levels.

This trade is based around the major support level at 1214. Simply, if the level holds we can expect price to have major bullish support on the long term. If the resistance level breaks, we can see major bearish levels coming in. I will publish a Short trade opportunity linked to this one if the key level breaks. We can place an order to buy at 1220 (or just ...

Quadricolor Quadricolor PRO USDJPY, 240, Short ,
USDJPY: Short USDJPY, Daily Chart, Potential range, resistance confirmed
105 0 3
USDJPY, 240 Short
Short USDJPY, Daily Chart, Potential range, resistance confirmed

This idea is the final part of the previous post regarding the pair. The previous idea is linked below but did not have entry levels at that point. The resistances were confirmed so I will be placing purchase orders at or just above, within the general resistance area. The first point of entry will be to short at 111.7, take profit at 109.15 and stop loss at ...

Quadricolor Quadricolor PRO USDJPY, 240, Short ,
USDJPY: Short USDJPY, Daily Chart, Channel break, potential range.
42 0 1
USDJPY, 240 Short
Short USDJPY, Daily Chart, Channel break, potential range.

This idea follows on from a previous trade I have with this pair. The idea is linked below. It was shorting on the basis of a channel formation, however the channel formation appears to be broken so a new analysis is being undertaken. I am looking to short this pair. A small range looks likely to occur this week. I've highlighted this range area I am expecting ...

Quadricolor Quadricolor PRO USDJPY, D, Short ,
USDJPY: Short USDJPY, Daily chart, Bearish channel re-entry, resistance.
71 0 2
USDJPY, D Short
Short USDJPY, Daily chart, Bearish channel re-entry, resistance.

This idea is also related to a 4 hourly chart I have linked below, showing bearish candlestick price action currently active, respecting the major resistance / previous price low / pivot area. Recently President Trump announced his budget, but this was not enough to push the USD above the major inflection point. In fact the pair appears to be taking major ...

Quadricolor Quadricolor PRO USDJPY, 240, Short ,
USDJPY: Short USDJPY, 4 Hr chart, Major resistance / Selling activity.
31 0 1
USDJPY, 240 Short
Short USDJPY, 4 Hr chart, Major resistance / Selling activity.

On the 4 hourly chart we see resistance with the long tails / Dojis in the candle price action. They appear to be respecting the Major resistance line which has previously been a major Pivot or Swing line. A lot of selling activity and short positioning may be occurring here. This might be reinforced with the poor US Economic fundamentals, poorly received Trump ...

Quadricolor Quadricolor PRO GBPUSD, D, Short ,
GBPUSD: GBPUSD Daily, short; RSI high and resistance respected - No.2
61 0 3
GBPUSD, D Short
GBPUSD Daily, short; RSI high and resistance respected - No.2

This is taken off of the first trade I have made (lined idea below). The first trade was stopped out, however the same principles are in place. There is major resistance around these levels and the pair may be overbought. For nice high TP:SL or risk reward ratios, I have placed a sell order at 1.29675, with Stop Loss at 1.30075 and Take Profit at 1.24675. This ...

Show More Ideas 12
Last visit
43
18
143
Message Follow Following Unfollow
Last visit
4
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Online Greece
9
1
7
Message Follow Following Unfollow
Last visit
7
0
3
Message Follow Following Unfollow
Last visit
22
0
0
Message Follow Following Unfollow
Last visit
17
0
6
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
9
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
2
0
0
Message Follow Following Unfollow
Last visit Canada
3
0
0
Message Follow Following Unfollow
Last visit United Kingdom
7150
0
679
Message Follow Following Unfollow
Last visit
29
4
12
Message Follow Following Unfollow
Last visit Thailand
6
0
0
Message Follow Following Unfollow
Last visit
3
0
0
Message Follow Following Unfollow
Last visit Hungary
35
0
0
Message Follow Following Unfollow
User has no following symbols
Market
Browse
Type
Browse
United Kingdom
United States
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out