timj

timj

Overbought, downward channel, strong bearish candle

timj

Getting some Doji candles and overbought action. Set a pending order if it returns to the channel, tight stop, and enter two trades to get some profits. Enter: 1.42579 TP1: 1.38622 TP2: 1.35345

timj

Short IF continues downward. Lower regression channel is now resistance. Enter for a cool 1:5 Risk / Reward ratio Enter - 0.69205 SL - 0.70015 TP1 - 0.65052 TP2 - ???

timj

Strategy where one opens trades in one direction based on a 'power candle' of a certain length while closing trades that were created in the opposite direction. Heiken Ashi (are the prices / backtesting accurate? Not sure...) EURUSD - Profit Factor 10. GBPUSD - Profit Factor 5.073 AUDNZD - Profit Factor 14.705 USDCAD - Profit Factor 5.167 AUDUSD - Profit Factor...

timj

We have multiple tops and an oversold stochastic oscillator on this one...it might break through eventually but also note the lower highs on the volume oscillator. Unless it breaks through in the next day or so this could be a short.

timj

I can't wait to go long on FB once it drops a bit more and MACD / Stochastics confirm a buy

timj

CCI above 100 Multiple tops If price breaks above the resistance line and retests it as a support go long, otherwise short prediction to 1.36800 support

timj

We have a double top candlestick pattern, overbought RSI with two levels of resistance EUR/USD must overcome. My prediction is a drop in price over the next few days before re-testing one of the prior resistance levels.