Prepping a short trade after the current open long position. Depending on how price reacts to the new D1 ATR high (which prints at midnight server time) I will either close the long and go short or consider running both positions with the short being a very short term counter trend and looking for a small TP in the middle of the range. This opens up the...
Long from the D1 ATR Low. Order set but will move up through the day most likely. Current entry coincides with low of prev day & 38% fib of run up from 2728.1
I'm waiting for a breakout from the current consolidation, there are multiple missed pivots above price but fundamentals could weaken the pound so I could trade this on a breakout to the downside. My ideal set up would be for price to tag the bottom of the triangle and there to be a bullish crossover on the stoch at around or just above the 50 line. it's Friday...
Watching closely for price to find resistance at the longer term trendline from low of Apr 4th. Over sold on Stoch, RSI getting close and CMoney Flow suggesting reversal. Bullish Divergence on 4hr chart also evidence for the reversal. Targeting the monthly pivot at 48.24
Small trade size and tight stop. Price breaking from small area of consolidation, reasonable move to missed daily pivot.
looking for a bearish stochastic crossover at the upper limit of the trading channel which has been well respected by price so far. The upward trend has had strong support so I'll trade this with a tight stop in case there is a continuation, will move to B/E quickly and will exit at the bottom of the channel or when there is a bullish stochastic crossover...
Simple set up, price trading below the longer term EMA range in a defined channel.
Entry taken on early stochastic crosover (SOCO) in a live account - T1 is the weekly missed pivot at 0.94681 - Weekly pivots on this pair are hit in the week that they are created 89% of the time. High probability target, however I won't hold the position above the local highs. I would probably wait for another SOCO entry around 0.96870 but wouldn't be massively...
Looking for resistance at the bottom of the channel to go long. Easy SL placement outside the channel.
I'm in this trade already, selling on the close of the Thursday 19th reversal candle, now aiming in the short term to get to 2.00 before re-evaluating. Long term I think this is going to be a buy trade but I will add to the sell if we break out of the bottom of the channel that looks to me to be the dominant structure, before closing out and going long if there's...
Looking for a buy after a move down to the bottom of the channel from the bearish doji right on the daily 200EMA