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Naked trade, Huge bearish engulfer
Missed the correct entry for this 1.4733 but you could wait for a pullback. T/P 1 - 1.4488, TP2 - 1.4295 RR 1.09 at current price or 1.26 at correct entry.
CHFSGD short idea
Price has already bounced off the weekly trendline and has now retested the daily 50ema on the 4 hour chart. Indicators are onside but to be cautious another 4 hr continuation candle should be formed to get the lower low. TP will be the daily 200ema with sl above 4 hr retest of the 200ema and above those moving average
INTRADAY OPPORTUNITY (EXOTIC)
Buy after a BCR and contnuation of the 15m resistance zone. Daily BCR of 50EMA. 4H BCR of S+D zone then 200EMA. 1H golden cross. Approx 1.5 RRR Stops below retest low. Targeting daily trend line. Exotic pair - Check spreads. I probably won't take this as it is a monday, but it's out for those who are interested! #DontFollowBlindly
TIP AND RUN STRAT Criteria = BCR / Price Action at Trend Line break of Chart Patterns / S & D PAIR : CHFSGD LONG ENTRY: 1.47013 STOP : 1.45580 TP : 1.48687 SET AND FORGET : POLR in place
Price broke out of ascending level and retested before continuing down (H4). It's now retesting a S&D zone. Enter on H1 continuation down at about 1.4454 if we see good bearish momentum. Clear POLR to next S&D zone at 1.4362. SL above S&D retest high and M15 50EMA for a R:R of 2.3
CHFSGD - ignore entry Daily Chart - continued downward moment with price break through the 50EMA and S/D Zone. 4H Chart - Break, close and retest of the S/D zone. Red/green on the MACD, start of a red histogram on WWV. 1H Chart - Break, close and retest of the S/D zone. Red/green on the MACD, red histograms on the WWV. To take this trade, (1) 8EMA gap close on the 15m chart for optimum entry, (2) Increased red histograms on the WWV, (3) Increased red histograms on the WWV. Take profit at 1.4200 magnet, just above the daily 200EMA. A small S/D zone exists near to 1.446 magnet, Once break, close and retest of this zone consideration for scaling in the trade towards TP. Stops to suit. Please note this is my interpretation of the chart and should not be followed blindly. Good luck and trade safe.
SELL - MARKET EXECUTION - INTRADAY Stop - 46 pips Target - 53 pips Risk / Reward - 1.15 H4 (Anchor) 1. All indicators onside 2. BCR of 200 EMA D1 (Trend Confirmation) 1. All indicators onside 2. Closing the 50EMA gap H1 (Execution) 1. Retest of 21 EMA 2. BCR complete of the supply/demand zone 3, Volume and MACD onside #DontFollowBlindly
Completing BCR 4h 200 EMA Wait until rejection candle on the 1 h. Stops above 1h 50 EMA TP next S&D zone around 1.4490 Trade safe!
My trade es en W1
Target: Weekly 8 EMA gap close. Reason: BC on Daily 8 EMA Entry: Wait for BCR on 4H 50 EMA followed by a bullish candle Good luck!
Buying range-bound CHFSGD. This is a rangebound setup, plus it's an exotic pair = high risk, Hence trading a tiny lot.
Waiting for the BCR and a bearish candle to confirm a move to the downside towards previous lows/daily 8ema/1H 200EMA -Wait for the break close and retest of the 1H 50EMA and a bearish candle. -SL at previous highs - TP at previous lows/1H 200EMA to close the daily 8EMA gap Use sensible position sizes Trade safe!
Target: Daily 8 EMA gap close. Reason: BC on 4H 8 EMA Squeeze release, red macd cross, red volume on 4H BC on 1H 50 EMA Retest on 1H 50 EMA in progress Entry: Wait for a successful BCR on 1H on 50 EMA ->retest in progress. Wait for a red candle after retest on 1H and red volume Good luck!
Monthly and weekly range 4th continous day of rejecting the upper level 2.6 risk reward good luck
intraday trade idea. moves in a daily channel up. today we trade the pullback of the daily to go down to the channel. good luck
CHFSGD LONG reason for taking long please observe the chart. this is base on my long term harmonic and breakout trading analysis, don't follow this blindly. entry above the previous high and set two orders tp1 1:1.2 around Price 1.4119, tp2 1.4316, or do manage your trade base on your style. Happy Trading!
SELL ENTRY – rejection and close below 8EMA or a retest and rejection from top of channel STOP – 1.3820 TARGET – 1.3360 Risk/Reward approx 2.5 : 1 _________________________________________________________________________ Reasoning: 1. Long term down trend from rejection of resistance in August 2. Break and close below the 50, 128 and 200 EMA 3. New path of least resistance to downside 4. Smaller thinner channel (can see better on 4HR) being respected nicely 5. 50% fib pullback lines up perfectly with both the 50EMA on the 4H chart and the 8EMA on the daily. 6. Overbought on the 4H chart Risks: 1. Deccelarated trend line of inner channel shows slow down in momentum 2. MACD very undecided 3. Potential for price to breakthrough channel top and head for a higher high 4. Over exposure – already have open position on AUDSGD Be patient and WAIT for either a rejection and close below the 8EMA on the daily, or a rejection from the 128EMA/channel top on the 4H. 4H chart - https://www.tradingview.com/x/RE9zKRUQ/ A rejection of the top channel and I’ll be waiting for a B+C below the 50 on the 4H. Added this to my pending opportunities watchlist, and as always, don’t follow blindly
Sniper entry on H1. BCR DEMA200. Targeting daily previous lows
BUY STOP - Pending Order BUYING CHF/SGD Entry: 1.3858 Target: 1.3940 (82+ pips) SL: 1.3789 (69- pips) Use a sensible lot size. DO NOT GAMBLE. Don't risk more than 1%.
Chikau cloud breakout. Future cloud bearish Tenken below Kijun and chikau below price with price now closed outta cloud so entry at low of bar - ATR 26/2 at 1.37287. TP is at 1R, TP2 is trailing sl at kijun + buffer of ATR 26/2 to account for markey volatility, and maintained throughout trend until stopped out for max profit
Reposted as attached the wrong chart! Context: SGD economic data weakness Holding Period: Days/Weeks Trend WUT-DUT-H4UT Market Structure W1 Middle of range D1 Break of channel down H4 Break of corrective channel Momentum W1 Consolidation after move up from low of range D1 BO of down channel H4 BOPB, volume at C of ABC Pattern W1 Consolidation D1 Falling Flag SMA20 X SMA200 H4 ABC Corrective, BV reversal at C, W1/W2/W1/W2 Short Term Bar Analysis W1 Small candles in pause and shakeout in current week rejecting W1 anchor D1 Rejection of D1 anchor/SMA20/SMA200 H4 Impulsive up bars, price above SMA20 acting as support Trying again with this pair! TP1 is to the recent highs, TP2 at W1 SMA200 and TP3 is at W1 range highs. This pair was covered in Mark's session today. This trade has triggered on the break of H1 high following an inside bar. Good luck. Trading journal and chart details: http://bit.ly/2WSyZEU
Context: Risk Off/Neutral CHF strength, SGD economic data weakness Holding Period: Days/Weeks Trend: WUT-DUT-H4UT Market Structure W1 Middle of range D1 Break of channel down H4 Break of corrective channel, basing structure Momentum W1 Bullish moves up and pause D1 BO of channel and resistance H4 BOPB, volume at C of ABC Pattern W1 Consolidation D1 Consolidation SMA20 X SMA200 H4 ABC Corrective, Basing at C Short Term Bar Analysis W1 Small candles in pause D1 Rejection of D1 anchor/SMA20/SMA200 H4 BO of basing structure, above SMA20 Tactic BOPB, ABC entry at B Entry : 1.3785 Stop Loss: 1.3685 Risk Pips 100 33% TP1 1.3885 TP1 R:R 1:1 33% TP2 1..4085 TP2 R:R 1:2 33% TP3 1.4185 TP3 R:R 1:4 Total R:R 1.2.6 Entry is waiting for break of B wave, with some consolidation/accumulation prior to the break. Trade journal and chart details: http://bit.ly/2MTJHqi
Classic cloud breakout future cloud is now bearish T is below K with chikau below price. Price closed outta cloud so entry is lo of bar - ATR 26/2. TP1 is at 1R TP2 is sl at kijun + buffer of ATR 26/2 and maintained throughout trade until stopped out. Weekly price met strong cloud resistence last week and has a bearish future cloud. Scale in trade Ill add to position should chikau close below cloud
W1/D1/H4 Analysis: Big Pic: CHF continued strength-SGD slow GDP Growth/Unemployment high Time Scale: Days/Weeks Trend: WUT-DUT-H4UT Pattern: D1/H4 Accumulation prior to BO-H4 HL’s-W1 Trading in a range Momentum: BOPB-H4SMA20 as support -D1SMA200 as support - Volume on move up & BO-Weak PB ST Bars: Price acceptance above BO area, high volume on large doji, previous FakeOut H1 Entry: ABC P/B Pending Order: Entry at B 1.38 SL at C Low 1.3745 with 55 pips risk 33%TP1= 1.3930 (2.4R) 33%TP2 = 1.40 (3.63R) 33%TP3=1.4225 (7.72R) Total R:R 1:4.58 Link to Trade Journal & Charts: https://bit.ly/2ET3EH4 Trade Listed on Marks watchlist. Best wishes.