US market has been volatile in the past few hours. Lazy Trend System has triggered 2 trades. Based on the trade plan, the risk per trade was 3%. Both trades were profitable, closed at profits of 9%. Learning points: - always follow the trade plan - trade patiently with strategy - never risk more 3% of the capial
Last week was a good week for Hong Kong Index (HK33HKD), the index was slowly trending up. 7 long trades was taken: 2 losses and 5 closed at profits Total return: 3%
US market has been very choppy in the past 2 weeks. Nonetheless, Lazy Trend System spotted 11 trades on 15m chart and yielded a return of 3.9%. The winning % was about 54% with 1.4 times profit factor. Lazy Trend System is a proprietary trading system that can be used on all instruments including forex, indices, cryptocurrency and stocks. FREE Trial available...
On the daily timeframe, the US30 index was still in the uptrend last week. The BLUE indicated a strong bullish momentum. Based on the rules of the system, only LONG trades will be considered. 6 trades were done last week: 3 closed at breakeven 2 closed at profits 1 closed at stop loss total profits: 4%
While the long term trend for US30 index is still bearish, the momentum of the recent pull back was very strong. The momentum was confirmed by the Lazy Trend - "Blue" candles and the Lazy Strength indicator (at the bottom) which started to turn blue. My short term trades last week were long bias with confirmation from hourly trend below. Total trades: 4 Profit:...
Bitcoin has been trading in range (3110 - 4200) since November 18. From the long term perspective, price breaks above or below the range would indicate a strong bull or bear run respectively. Lazy Trend: Daily: Bearish (no change) H4: Bearish (no change) H1: Currently bearish My strategy next week will be focusing on scalping on 5-min timeframe based on Lazy...
As mentioned previously, Ethereum could be at the tip of huge decline. There were lots of shorting opportunities last week. We took 3 short trades based on Lazy Trend Bitcoin. All 3 were closed in profits! In the coming week, we should still see weakness in Ethereum. The sell momentum in the past 2 weeks is still very strong. ETH has broken the major support zone...
Bitcoin broke the major support last week. Similar to other cryptocurrenry, it is at the tip of huge decline with near indication on trend reversal. Lazy Trend Crypto has spotted 3 short opportunities on H1 timeframe last week, and all three closed in profits - more than 10% profits in 1 week. In the coming weeks, we could see more potential sell off from buyers...
The long term trend of Bitcoin is still down. I took a quick short trade when Lazy Trend System indicators were aligned. As usual, my risk is always 1% for short term trade. The trade was closed at 3% profits. The price is currently approaching the support zone of around 3980. If the price rebounce, there could be a potential short to mid term upside. If the...
Ethereum could be at the tip of huge decline. From the chart, we can see that it has been in the downtrend channel (light blue) since early this year. And it is currently touching the long term support zone (green). If ETH is able to break the downtrend channel (light blue) at around 174.8 level, we could see potential reversal and momentum from buyers may push...
H1 Trend was down, as indicated by the Lazy Trend System. When we moved down to 15m timeframe, a short trade was identified at 1445pm when all indicators were aligned. As usual, the recommended risk to reward ratio is 1 to 3 and the trade was closed at take profit. Entry: 1.0498 Stop Loss: 1.0775 Take Profit: 0.9700
Trade Analysis Gold had been in the downtrend for 2 months. Lazy Trend System spotted a momentum entry. Following the rules, with 2% risk on capital, this trade yielded a profit of 10%. Risk to reward ratio = 1 to 3 3 Keys to Success: Patience The trade was executed on Daily chart, there are typically less than 10 potential entries in a calendar year. Swing...
1H Chart - the trend turned bullish this (Lazy Candle turned BLUE in color) Action Plan: Long on momentum on 5 mins chart Total trades: 4 (2 profits and 2 losses) All trades are preset at 1 to 3 risk reward ratio with 1% risk on capital. Net profits: 4% Trade details are shown as below
Bitcoin is still bearish on H1 chart. Action plan: Short based on Lazy Trend Bitcoin No of trades: 6 3 Profits and 3 Losses Each trade was preset at 1 to 3 Risk Reward ratio with 1% risk on capital.
Daily chart starts to show bullishness. Aggressive trade: Long at the support on H1 timeframe
EURUSD has showed bullish momentum last week - Lazy Trend candle turned BLUE. Plan of the week: Long when Lazy Trend shows bullish on H4 or H1 chart.
Long term trend is bullish Lazy Trend System spotted a breakout with strong momentum.