fxAljtaric

fxAljtaric

We all know what the fibonnaci is. But how do implement it into trading and how does it work? The tool i use the most is the fibonacci retracement. You drag it across the chart. Drag it on starts to ends of trends and you have a fibonacci retracement now. How does it work? Now that you have drawn your fibonacci you see these ,,zones". The most common number...

fxAljtaric

Perfect rejections on 764 we wait to see if it hold and if it starts going up we enter :)

fxAljtaric

Double top wait for bearish engulfing

fxAljtaric

Just a double bottom wait for bullish engulfing on H4

fxAljtaric

Perfect rejections on 764 and head and shoulders pattern. If price closes under the neck line fasten your seatbelts, we are sinking.

fxAljtaric

Perfect setup and rejections on on 764 zone on our fib. We could very well hit the top of the trend line but i would say it's most likely gonna hit TP2 on our fib (the 0 zone)

fxAljtaric

We have 3 confliuences that we are going down, tho 1678 which is the TP in the picture may not be 100% as the end of the butterfly is more reasonable but we will see. Good luck traders.

fxAljtaric

Millions of new traders come to trade the markets every day, but most get out with a smaller capital and more knowledge. Trading is a game of odds. nothing is 100%. So how do we turn the odds into our favor? There are two ways to become a profitable trader but they all come down to knowledge. This one i recomend. Since you are going to take loses anyway, pay for...

fxAljtaric

We can see that we have been following this uptrend and channel for quite a while now so we can safely assume that we are going to touch the upper line of the channel. We have confirmed our rejection on the bottom of the channel alredy. Good luck traders.

fxAljtaric

Once you have your strategy on how to grow your account, risk managment and your watchlist. The only problem is a traders psychology. You could have problems with closing early trades in loss/profit becase you are scared it might go south. To answer this, you have to change your mindset. Once you have done the analysis on the chart and you make that trade with...

fxAljtaric

As we can see on the picture we have 2 examples on how to do it properly and a bullish engulfing candle for a perfect entry. So lets explain a little more: 1. First example is how not to trade it. The reason is simple. We haven't retested our support. You want the buyers to hold our support. If they don't, you don't enter. Quite simple. 2. This is what could've...

fxAljtaric

We can long EURNZD to the resistance zone here on the chart. I dont see anything that can stop it. You go tiger.

fxAljtaric

I will continue the swing trade from before BUT i will cut it short when it hits this major selloff line. We can If it break i will add another long. if it does not i will be shorting instead. Take care traders.

fxAljtaric

As we can see on our divergence indicator when ever GJ went under the purple zone we went flying with 5 touches above the purple zone. It's alredy playing out so i think its safe to say that it is indeed happening right now. For you swingers, dont over hold it or it will drop hard on you as we can see on the left.

fxAljtaric

If it rejects and holds we can continue the trend. If it doesnt we can short it. Good luck traders.

fxAljtaric

We have confirmed the continuation of the channel and have passed the resistance. You can swing it to the next touch. The next few weeks will be bulish. Good luck traders.

fxAljtaric

Just long it

fxAljtaric

Most likely a wick fill to our TP. Or we can follow the trend lines