USDCAD - LONG - January 21, 2021 | usdcad- want's your attention (sry i post this to late... i forgot... sry ) :)

EimantasR88 days ago

USDCAD

LONG

1 4

USDCAD- want's your attention (sry I post this to late... I forgot... Sry ) :)

As I understood I have to explain my idea. Why I think so... So I will try to do so: I trade based on PRICE ACTION/NAKED CHART. PLEASE DO YOUR OWN RESEARCH AND CALCULATIONS BEFORE BUYING!!!!! Thnks 😃 1) Price action says to me when should I buy, what size stop loss I must have and when to exit. a)Price action size tells me what size stop loss I'm going to have and which direction it's going to go if all signals are triggered. b)How I'm finding out which currencies are strong enough to trade?... Strongest currencies forms on Mondays. 2)How I find my entry: a)When price action starts to form opportunity I'm looking which direction market planning to go. b)I look for Shooting Star or Inverted Hammer (Which ono I have to look for it depends on price action. Price action tells me which one I have to finde.) c)When I finde 'Hammer' or 'Star' I start to look for 2 candlestick combination. d)After. I draw lines: 1)15 min support , 2) 1H support , 3) Support based on price action size , 4) Channel support which he broke true. e) TP till price action going to say to you that price planning to slow down or reverse. Or at Thursday night. f) Price have to reach at least 3 supports. Ideal all 4. PLEASE DO YOUR OWN RESEARCH AND CALCULATIONS BEFORE BUYING!!!!! Thnks 😃

Dan24062 minutes ago

GBPCAD

SHORT

0 0

Her Majesty x Maple Syrup

GBPCAD What are we looking at? Something different... I am studying supply and demand, so I am forward testing zone trading, this being a rejection of the most recent supply zone created on around 11th March 21. Price traded sideways for a while then positions were sold off drastically. From this point price has been trading inside a slight zone before 16th April 21 where we see price dramatically rise. This supply zone is fresh and has not been tested yet, making it higher probability for a rejection. Trading Timeframes: - 1 Hour - Supply and demand drawn in. Supply drawn from swing recent swing high to the last small candle before the drop off. - Daily - Price has made a huge bullish run, looks overextended. - 4 Hour - Price is shaping up for a rejection candle (using HA) Entry criteria - You can use regular candles to look for pinbars/englufing candles on the 1h. - I am using a 4h HA candle rejection and price trading underneath the 8ema on the 15m TF. - Please use sniper criteria for x3 TFs if following max's system. RR: 2.84 Risk: 1% Sniper system 4 Lif3 - Just forward testing.

azzmar2 hours ago

Other

LONG

0 0

NAS100 on M15 is Bullish

The NAS100 on M15 is looking Bullish. Currently at circa 13902 and heading towards 14000 for a quick return of 2.5:1

Fares12903 hours ago

EURAUD

LONG

0 0

EURAUD uptrend

Hello, this trade is similar to the one I posted a few hours ago, but I'm trying it out on a lower time frame. Moving averages confirmed an uptrend on the EUR/AUD on the 30m time frame, so did the currency strength meter. so I placed the Fibonacci retracement as you can see in the photo, the 50% retracement matches the 2*ATR of 14 pips. So I placed my TP at the 161.8% level, and my SL a little lower than the previous resistance level. Please let me know if anything was done wrong, happy trading 😁

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USDCAD- want's your attention (sry I post this to late... I forgot... Sry ) :)
Her Majesty x Maple Syrup
NAS100 on M15 is Bullish
EURAUD uptrend

USDCAD- want's your attention (sry I post this to late... I forgot... Sry ) :)