TradewithMike

TradewithMike

The weekly and a daily pivot is holding the price above. It is a good support area and based on a PA I'm willing to go long from here expecting for the Dax to re-test previous high. If the support area will be broken it will be a good signal to go short.

TradewithMike

Looking to sell gold again. We are slowly approaching to the weekly support. If the price breaks below that level and then it re-tests, I will open a short position with the target at the Daily support.

TradewithMike

Trade based on camarilla PP. We are in a down trend. This trade is a trend continuation trade with R3 as my entry and S3 as my target. R4 is my stop.

TradewithMike

We are now on a S3 level with the daily pivot. It is also a range on a smaller TF. The price is being held by a monthly and a weekly standard pivot as a good support. We have a nice bullish trend. My entry is at S3 with R3 as my target. If the price breaks above S4 I'll go long again as a continuation trend trade.

TradewithMike Updated 

Gold is held currently by a monthly and weekly pivot point. If the price won't be able to break the resistance we may have a great opportunity to seel. The trend is bullish so any short position might be just short term. My plan is to wait for a breakout of the pivots to go long as the trend is bullish. For scalping my strategy is to play it short until the next...

TradewithMike

For those who like harmonic patterns. There's a bearish Gartley pattern on FTSE. The rectangles represent my stop and a target based on fibo retracement.

TradewithMike

Looking at the charts today and there is not much to hold on to. On this pair I'm looking to buy as we are sitting on a H1 on a support. Break below S4 would be a great point for a breakout. S3 is my entry with R3 as my target. But if the market moves lower I'll take advantage of it and short it for a breakout with the continuation of the current trend.

TradewithMike

The only trade for now is the EURNZD. All my TP SL and entry levels shown as usual on the chart. It's also good to watch EURUSD pair today in case it breaks out of the range.

TradewithMike

My favourite situation is when a price hits a support or a resistance area where it fits my strategy. In this case my plan is to short Crude Oil at R3 level within a resistance area with my stop at R4 and target at S3. If the price will go higher and break the resistance area I'll be looking to buy at R4 on a retest of this level.

TradewithMike

There is an interesting situation today on this pair. Yesterday I was long with closing +52 pips. I have 2 plans for today. 1st is to short at market with a smaller position (against the bulls from yesterday) as we are sitting on a 30m chart resistance and placing my target at S3. 2nd plan is to wait for the bulls to break the high of yesterday and go long at R4...

TradewithMike

I'm waiting for a short breakout of the previous lows on a 30m chart. S3 is my SL and my target is based on a previous support on a H1.

TradewithMike

The plan for today is to short USDCHF with my target at S3. r4 is my stop. if the price breaks above I'll reverse my position to long, so I'll play the bullish breakout. If the price will keep going lower and it will fall below S4 we might see a nice setup for a short breakout with S4 as an entry level, S3 stop loss and then previous support on a H1 chart as my target.

TradewithMike

On a 30m chart we are sitting on a support. I'll go long today with my target at R3 and my stop at S4. based on camarilla PP.

TradewithMike

I'm going long today, S3 is my entry, S4 stop and R3 is my target. Trade based on my camarilla PP strategy. Trade based on a 30m chart, not holing a position overnight. Trade will be closed by the end of the EU session.

TradewithMike

Just entered a short position. On a higher TF we a re at a resistance level. If the level holds we might see some drop today. A breakout above would be a continuation of the bull trend after the pair created on a higher TF a double bottom pattern.

TradewithMike

Looking at at higher TF we can see a nice downtrend. My strategy showws me to buy today, but I'm not really wanting to go against the trend on this one. I'll wait for the S4 level to be hit where I'll play the short breakout.

TradewithMike

A little bit risky, but I'm long with a smaller position. R/R is almost 2:1. We have on a H1 chart a support zone. The price from there could go higher. I've placed my trade based on camarilla PP.

TradewithMike

Just got filled on Cable. My outlook is bearish for the pound today. R4 is my stop and as usuall, S3 is my target. In case the price will fall even lower and cross the S4 level (short breakout) I'll open an additional short position to play the breakout.