Other Top Trading Posts
OPTION TRADE DON'T DO IT UNLESS YOU UNDERSTAND OPTIONS
GBPNZD as per "Propulsion Strategy"
EURJPY SL and TP rectified
EURJPY showing breash engulfing candle on DAILY TF
USOIL/ CRUDE SHORT - Daily Gap (For some reason, Oil's ticker has vanished)
Long GBPJPY
usdchf buy
Long in Cryptocurrency Mr.Ripple (XRPUSD)
EA Prev. low retest.
D Gap Close
GBPJPY 1D8EMA GAP CLOSE OPPORTUNITY
london session breach on USDZAR
Sell Risk Menagment key
AUDUSD Sell Setup
EURUSD Sell setup
BCR OF RECENTLY BROKEN ZONE (1 HOUR CHART) -WAIT FOR PULL BACK & CONTINUATION
Propulsion Trade - Strong AUD, Weak USD
Propulsion Trade - Strong NZD, Weak Pound
CHANNEL CONTINUATION
Look for manual entery
gbp is on momo
Looking good for a short
GBPCHF 1D8EMA GAP CLOSE OPPORTUNITY
nzd on momo
Top trade ideas
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OPTION TRADE DON'T DO IT UNLESS YOU UNDERSTAND OPTIONS
IMPORTANT: THIS OPTIONS. If you don't understand options then watch my videos. Taking this trade wit...view more
Break out and retest trade...
Price has broken free of huge resistance. The best way to trade these break outs is to wait for a p...view more
EURJPY SL and TP rectified
the sell of EURJPY is still working though of the current news released,
EURJPY showing breash engulfing candle on DAILY TF
nice sell opportunity on eurjpy with bearish engulfing on daily TF , always do ur own analysis ,,this trade has 95%going well .
USOIL/ CRUDE SHORT - Daily Gap (For some reason, Oil's ticker has vanished)
As stated on Monday, Daily 8EMA gap has now been formed following the retest part of the BCR of the ...view more
Long GBPJPY
This trade will require some patience. Do not enter now! Wait for at least 15m BCR of the 200EMA. Price getting rejected off the 138.90 resistance level. Waiting to see a clear continuation before entering. Trade idea was discussed by Max few days ago. Feel free to go and re-watch his stream.
usdchf buy
We have a similar setup with USDCHF. these pair s about to test a strong support zone, forming an double bottom reversal as we expect it to play out.. wait for another strong rejection before entering long. trade safe
Long in Cryptocurrency Mr.Ripple (XRPUSD)
Hi Lovely Traders! Here is my Ripple trade idea for today... Pros: + Regular Divergence seems to have been played out. + Ripple seems to have respected the S/D level around 0.45 level. Bounced up from that point. + Max Norbury is also suggesting a potential Buy Trade on Ripple, check his Idea as well! Based on Moving Averages. + Sentiment, everyone is discussing Cryptocurrency, and what I know for sure, is that Ripple has crossed many minds during it life and that together with Bitcoin being stuck between 1600-2000, might attract some new people to Ripple. Ripple is kind of still not marked as "you missed the train" as Bitcoin is. + Besides heavy buyers hitting and heavy sellers "previous buyers taking profit" it seems to have a small ongoing uptrend. Maybe it waking up again? xD Cons: - I am not a Crypto Expert, I do not know the correlations with crypto, between them and with other instruments. - Its extremely Volatile, huge losses could be a fact. - The Spread is really bad. Please check both bid/ask line before purchase. For example, if you buy at a bad moment, it could easily put you in -48usd loss without the Ripple barely moving...not so nice. Rather try to catch it with some momentum in your direction and you will overcome the gap between ask/bid level quickly! =) Good Luck, have fun, and Ripple with Caution!
EA Prev. low retest.
EA has broken through the ascending level and following a successful retest, has continued lower. ...view more
D Gap Close
Max's Sniper system on side Good luck.
GBPJPY 1D8EMA GAP CLOSE OPPORTUNITY
GBPJPY presents a decent opportunity for a GAP CLOSE trade. The 1d candle is contracting and the wick:body ratio is approximately 1:1. In addition to that there was already a 15mBCR of a small intraday SnD level + price on the 4h is trading below the 8ema. Sniper criteria are all on side from the 15m to the 4h TFs. Criteria yet to be met are: 1) no convincing bearish continuation on the 15m - we need to see healthy red candles to the downside in order to get in this trade. Price is currently pulling back up to close a 15m8ema extension gap, wait for price to close the gap and continue down in a convincing manner. Keep in mind that I am a relatively new trader, so please do conduct your own form of analysis and #DONTFOLLOWBLINDLY! Feel free to share you opinions on this trade idea. Risk accordingly and trade safe!
london session breach on USDZAR
after sellers got exhausted on yesterdays usdzar London session breaches showing strong usd on 15m tf, now the pull back is done with bullish pin bar candle indicating a buy,
Sell Risk Menagment key
I Enter short on GU for a major correction to the downside with no higher highs made and a litl ressistance and divergance on the indi Im in with 0.5 % risk because is GU
AUDUSD Sell Setup
We have a similar setup with AUDUSD. these pair s about to test a strong resist zone, forming an double top reversal as we expect it to play out.. wait for another strong rejection before entering short. trade safe
EURUSD Sell setup
these pair s about to test a strong resist zone, forming an double top reversal as we expect it to play out.. wat for another strong before entering short. trade safe
BCR OF RECENTLY BROKEN ZONE (1 HOUR CHART) -WAIT FOR PULL BACK & CONTINUATION
BCR SWINGER BCR AND BOUNCE OFF DEMAND ZONE PAIR : NZDJPY LONG ENTRY : 72.99 STOP : 72.65 TP : 74.97 SET AND FORGET : * EXIT = TP HIT or STOP HIT
Propulsion Trade - Strong AUD, Weak USD
Propulsion Trade AUD is looking strong USD is looking weak The 50% and 0% levels looks decent to me. Moving averages nicely fanned out upwards on the 1h and the 4h. A little less than a 2xATR pullback Decent RR, a 61 pip Tp and a 38 pip SL Looks decent to me, looking forward to hit our entry soon enough, the levels were adjusted to come close to a 2XATR pullback Do not trade blindly if it doesn't meet your trading strategy/rules. Comments/suggestions/criticism welcome.
Propulsion Trade - Strong NZD, Weak Pound
Propulsion Trade NZD is looking strong Pound is looking weaker compared to NZD The 50% and 0% levels looks decent to me. Moving averages nicely fanned out downwards on the 1h and the 4h is slowly fanning down as well. A little more than a 2xATR pullback Great RR, a 145 pip Tp and a 75 pip SL Looks decent to me, Slightly bigger trade and the TP is lower than the yearly lows, might be tricky, maybe i will look to close to trade if i achieve some decent pips, the levels were adjusted to come close to a 2XATR pullback Do not trade blindly if it doesn't meet your trading strategy/rules. Comments/suggestions/criticism welcome.
CHANNEL CONTINUATION
CHANNEL TRIPPER FALSE BREAKOUT of CHANNEL TREND LINE PAIR : SGDJPY LONG ENTRY : 71.87 STOP : 77.67 TP : 78.09 SET AND FORGET : * EXIT = TP HIT or STOP HIT
Look for manual entery
The daily chart for AU suggests there are 2 sublevels at this weekly res area. There is: 1. The extreme daily high above current price, its possible price could come here 2. The current res level price is at (gray zone) is also a relevant location where price could reverse at the question then becomes, "well, which level do i look for trades at?" the answer is, both. Both scenarios could play out. You dont know. Whats the safer option? -Waiting for the extreme high to be tested, then for price to make a lower low on a lower time frame like h4 (you could take break and retest sells in this case as price bounces down from the extreme high and creates downtrend structure with a lower low and lower high). However, you run the risk of price not testing thee extreme high, and price dropping from here at the current res level, and then you end up missing out on huge units of profit. -The second option. You could look for sells right here at this current level, and find an entry right at the highs, anticipating a downtrend. Then, you could also just scale in (add sells) to get entries during breaks and retests as price moves downwards, maybe trendline rejections, Fibonacci pullbacks etc. The only downside is that price could pin up to the extreme high, causing a small loss. The decision comes down to you at the end of the day, I've seen both scenarios play out over and over, and theres no way to know the exact area/level price will bounce at. All you can do is speculate and control risk. I will be looking for sells at this current level, and then if price pins above and rejects the extreme daily high, then I'll look to re enter sells during a break and retest of whatever zone that gets created as price continues down away from the res. Trading is fluid, dynamic, requires some logical thought. Its best if its not 100% mechanical, because a little bit of discretion can keep you out of trades that are less likely to work out. Try to get out of the linear thinking, and instead, think dynamically (which means to think based on what your experience/data/logic tells you). I also put the h4 plan. I wouldnt sell right now because price just broke above the recent highs and is testing as support, but if price cracks back below this level then retests with rejection, sells would be the logical idea
gbp is on momo
after the new york session breach to a sell which was just a probe
Looking good for a short
1H channel. Rejection confirmed. 15m BCR plus continuation. Already in at 1.7038
GBPCHF 1D8EMA GAP CLOSE OPPORTUNITY
A decent 1D8ema extension gap is to be seen. I was waiting for the 15m200BCR, which has already ocurred, so the remaining criteria to be met are: - 2-candle bearish continuation on the 15m (the gap is not big enough to wait for a 3-candle cont., if we wait for 3 candles the RRR will be negative), in that note - mind that this is a riskier entry - 15m sniper criteria to get on side (they will most likely be on side if/when the 2-candle continutaion is achieved) - 1h sniper criteria to be on side (they will most likely be on side if/when the 2-candle continutaion is achieved) NOTE: Normally, we have to wait for the 4h B+C beneath the 8ema, but in this case if we get a decent enough continuation down on the 15m, the trading idea TP may be achieved by the time we get the 4h Close beneath the 8. Keep in mind that I am a relatively new trader, so please do conduct your own form of analysis and #DONTFOLLOWBLINDLY Please feel free to share your opinions on this trading idea Risk accordingly and trade safe!
nzd on momo
nzdjpy is showing a good range since yesterdays sessions till now ,now it seems londons cant do any thing about it then hopefully new York session can breach for such a buy to take . keep watching.
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Andrew Lockwood
X30+ years experienceStarted in the trading pits of London with some of the biggest traders in the world. Migrated to screen trading around 2005 now trades full time focusing on FX, Indices, commodities.
Max Norbury
X10+ years experienceMax is a diligent and pro-active individual with a wealth of experience in technical and fundamental analysis, high-probability trading and mentoring within the financial markets. He has also has a variety of non-accredited analytical certifications.
Mark Bennell
X15+ years experienceCertified Financial Technician (CFTe), Diploma of Technical Analysis, Diploma of Share Trading and Investment. 14+ yrs trading experience. Focus on the process and the money will follow.