martenus.prince

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Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
EURGBP 25% | 2 AUDUSD 12% | 1 GBPCAD 12% | 1 EURAUD 12% | 1
martenus.prince martenus.prince AUDUSD, 240, Short ,
38 0 0
AUDUSD, 240 Short
Bear continuation confirmed by some indicators

I added some tools to my portfolio and I am testing them these days. Two of them are EMA and SMA - we have a price crossing under SMA 100, which is a sell signal. SAR indicator signals the same. Possible Fibo retracement bounce from 50% level of previous downward move. We are probably not gonna touch the upper trend line. Going short, trade opened.

martenus.prince martenus.prince AUDNZD, 240, Short ,
13 0 2
AUDNZD, 240 Short
Staying with overal downtrend

Both longterm suggests a strong downtrend and now also the smaller scale we are going down again. I entered in short position.

martenus.prince martenus.prince EURGBP, 240, Short ,
19 0 1
EURGBP, 240 Short
Staying with recent downtrend

I think we will not finish the big yellow uptrend to touch the trend line and we are instead going to touch the bottom again. I opened a short position now.

martenus.prince martenus.prince EURAUD, 240, Long ,
35 0 2
EURAUD, 240 Long
Awaiting bumps from bottom trend lines

I have two scenarios in the works on EURAUD and this is their description. I am not in any position yet, but I will be searching for a good entry to long. There might be an opportunity for a little short as well, until we have a good opportunity for a proper long position.

martenus.prince martenus.prince NZDUSD, 240, Short ,
30 0 0
NZDUSD, 240 Short
USD is doing great, let's go bears!

We now stopped in the shorter-term channel at the bottom and we have two options. I am in favour of more downtrend. That is why I setup a second entry as sell stop. I also have a great position from the top of the channel in a short position. I can collect my profits if the trend reverses and price bounces.

martenus.prince martenus.prince USDJPY, 240, Long ,
31 0 0
USDJPY, 240 Long
Following the 4H bull trend from reentry into this channel

I had a nice opportunity to enter at the reentry into this big bullish channel and currently I am running nice profit. There are two resistances ahead and some more if we go all the way to the red channel, red upper line is visible in this graph. I will edit my TPs accordingly to price action.

martenus.prince martenus.prince GBPCAD, 240, Short ,
16 0 0
GBPCAD, 240 Short
Plenty of room for a short position

We are in a downtrend within a larger uptrend channel, there is still plenty of room to go down a little. We need to wait for price action around the bearish upper trend line.

martenus.prince martenus.prince EURGBP, 240, Long ,
22 0 0
EURGBP, 240 Long
Following the rocket

I am staying with the uptrend for a long position, middle term trade, but with tight SL.

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