CADCHF Daily 8 EMA gap
CADCHF is giving us nice Daily 8 ema gap, which suggests a closure through time or pullback. Following my rules, if we get a break close and retest + continuation on the 200 EMA on the 15m or on the S&D zone on the 15 minute timeframe, we could look for shorts and catching the wave down for gap closure. Keep in mind that the CADCHF is very slow currency pair, but the profit margin is still very trick (28 pips). The currency indices on these 2 currencies don't have clear Path of least resistance as well. So, I would personally enter the trade on at least 15m continuation and with 0,5% risk. PLEASE READ THIS DESCRIPTION VERY CAREFULY BEFORE YOU TAKE THE TRADE IDEA!
Nice H4 8 EMA Gap on EURCAD
Hi guys, I entered a sell trade on EURCAD because I liked the H4 gap of the 8 EMA. I didn't have the time to post it along the other trade ideas this morning. https://gyazo.com/d2af0bc6294db803f4316016b5763d0e I entered after the BC of the 15 TF 50 EMA. My SL is above the 15 TF 50 EMA and the previous high. I removed my TP because the price continues lower. I will close the trade if I get a BC above the 15 TF 8 EMA. The sniper indicators were on side on 5/15/H1. R:R is 1.04:1. Have a good day!
EG - Short Trade Opportunity
Hi guys, I'm looking for a sell opportunity on EG since yesterday morning. D1 - price is below the 50 EMA. H4 - I'm looking for a BCR of the 200 EMA and/or the S&D zone. H1 - we have a death corss. I will look for H1 C. I will enter on the 3rd C candlestick if it looks good. If not, it will be on the 4th. https://gyazo.com/87ac97f960d55f255d0acc14a956f5f1 The SL is above the EMAs and the S&D zone on H1. The TP is above the next S&D zone on H4 . If price continues lower I will look for the previous low on H4 around 0.84793.-0.00329 R:R is 1.80:1. Trade safe!
GU Daily 8 EMA gap
Hi guys, There is a daily 8 EMA gap on GU. https://gyazo.com/c2404c82096b38398dc220be7de419fd I will look for a 15 TF BCR of the 200 EMA and the S&D zone + C on the 5 TF. The sniper indicators need to be on side on 5/15 TFs at least, preferably H1 as well. https://gyazo.com/7fca3f60d7c04c0dd36001e472e1a3f2 R:R is 1.20:1. Trade safe!
CADCHF Daily 8 EMA gap
Nice H4 8 EMA Gap on EURCAD
EG - Short Trade Opportunity
GU Daily 8 EMA gap
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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.
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