Forex trading pair: usd jpy h4 Trades like this are almost perfect. we should never miss them. Nice Pin bar with good opening and close. Nose protruding off surrounding prices. Confluence of: Pin bar bounces off the 150ema, Fibonacci level , 61.8 and the 50% Price pivot area Entered on the break of the pin […]
singapore forex workshop
A member in our private group pointed out this. Pin bar at the gbp usd h4 Reasons 1) to enter – Nice pin bar with a nice long nose, both eye at an equal level. Protruding off the rest of the bars. Reason 2) – Pin bar at a swing high Reason 3) – Bouncing […]
Forex trading pair: usd cad h4 Breakout trades are what long time forex traders use only. They alone can be used for a living in forex. Lets see the one here at usd cad h4. Long consolidation as highlighted in the box. Entered on the sell trade as seen. Lets see what happens.
If you refer to the last post. We have spotted the usd chf big trend moving down. And those that have taken a short trade then, lets look what happened now. Weekly chart Daily chart……… Marvellous isn’t it! =)
Any of you guys notice this? Forex trading pair: usd chf monthly Price finding resistance in the monthly trendline as shown on chart, lets look at the weekly chart……. Intense resistance here. Where do you think price will go? Forex trading is about understanding the market – its not hard really…
Forex trading pair: Gbp Usd Daily Simple trade – 2nd touch back to the price pivot. Entered on the peak. Lets look at the 4 hour chart. Outside bar reversals right at the price pivot. Played a one bar trailing stop one the basis on the strength of the bearish bars. 200 Pips to date.
Forex trading pair: usd cad System trade Lets look at one of our system trade here. Perfect example! Look at how far it went! Lets zoom in… 6 Ema crossed the 365,150ema. Pin bar right at the 150, 200, 365. What more can you get? These are the trades which we yearn for and grab […]
Forex trading pair: usd cad h4 Follow up on the previous post Traders in the trade may have took full profit , partial profit at the highlighted area of confluence. About 167 Pips. Lets see what happens Next! Price broke through the area of confluence of the 1)fib 2)price pivot 3)150 ema This is how […]
Forex trading pair: Usd cad h4 Lets see a trade which we recently took. Entered on an almost inside bar. Which is also a bearish bar. Nicely located at the fibonacci level of 61.8%. We trade with a plan, small stop loss above the inside bar. Target profit at the confluence area of the 1) […]
Forex trading pair: chf jpy daily time frame As mention before, there are so many trades anyone could take a day. Therefore we have to be really picky as….. OVERTRADING KILLS! I have mention this many times before, but i would still need to STRESS THIS over and over again. For those of you that […]