Disliked{quote} .... How much more is the bullish move? I have opened so many short positions and losing badlyIgnored
Trade safe and prosper.
KP
Do your homework, follow the footprints of smart money
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Disliked{quote} .... How much more is the bullish move? I have opened so many short positions and losing badlyIgnored
Disliked{quote} Hi mate! I provide a technical perspective based on my swing trading system. Bulls were favored so were I to trade, I would look for a buy trading opportunity at some already identified level. As a matter of fact I had mapped an area on the H4 time frame where I look to trade from, I am just waiting for price to enter the zone. Trade safe and prosper.KPIgnored
Disliked{quote} Thanks for the response. Unfortunately I am not good at technical analysis neither at drawing charts. Can I understand from you that you expect the bulls traders to continue the push beyond 1.3750 ?Ignored
Disliked{quote} Let me give you a tip that may help you. Place 100 and 200 SMAs on your M15 chart and see where the price is. If price trades above both SMAs, with 200 SMA below 100 SMA, trend is likely to be bullish; if the price is below the two SMAs with 200 SMA above 100 SMA, trend is likely to be bearish. But don't enter trade unless you see a good setup. If you need further tip in this direction, PM me. Trade safe and prosper. KPIgnored
Disliked{quote} Hi mate! I provide a technical perspective based on my swing trading system. Bulls were favored so were I to trade, I would look for a buy trading opportunity at some already identified level. As a matter of fact I had mapped an area on the H4 time frame where I look to trade from, I am just waiting for price to enter the zone. Trade safe and prosper.KPIgnored
Disliked{quote} As a swing trader, I am yet to trade this pair. The pair has not yet met my criteria. First, there is no momentum; second, the market has no clear direction; and third, price has not entered the trap I set. So, I am staying on the sideline. KPIgnored
Disliked{quote} I got myself stuck with it for the time being but it's bound to correct. It can not keep going up indefinitely.Ignored
DislikedDo you swing trade? Do you trade on 4-hourly time frame or higher and hold trade positions longer than 4 hours? For consistent trading success, you will have to track, stalk and trap the market. The focus of this thread is to share ideas, experience, strategies and approaches that help trap or beat the market in short to medium-term swing trading, including trading on HTFs and holding positions longer than 4 hours if the TP target or market condition requires it. To define, watch, wait for, and trap the market is the heart of short term swing trading....Ignored
Disliked{quote} Hey Keenpip, Glad to find your thread man. I am developing a strategy that can stand the test of time myself without the use of any EAs. What i have in mind is a strategy with high win rate and low risk. I know nothing is impossible. Hope to learn more cos your strategy kinda fit mine too well . Am using weekly levels on 4hr time frame, I pull the trade on 4hrs only but i do overall analysis on daily and weekly. Hope to fine tune this strategy to reach my goal in mind.Ignored
DislikedHere's a weekly technical outlook on the GBPUSD. The pair has been primarily on the decline since April 2014. On the weekly time frame, price action is respecting a descending trendline (in chocolate colour) from the high of 2014. Price action in the past five weeks was sideways around a significant resistance zone and some pips shy of the 23.6 Fib retracement zone of the drop from the high of April 2014 to the low of 2017. Any northward move is likely to target the next resistance zone around the 1.33470 area. However, as last weeks candlestick...Ignored
DislikedHere's a weekly technical outlook on GBPNZD. The pair is on a descending mode. On the weekly time frame, a descending trendline from the high of August 2015 is respected by price action. Four weeks ago, price action paused in an area close to the trendline and was followed by two doji-like candlesticks which indicated a lack of upward commitment. Last week, a relatively big bearish candlestick was formed on the weekly time frame which further validated the descending trendline and gave credence to the intent of sellers to control the market. A likely...Ignored