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- Looking for advice on a 500 pip Renko brick trading idea
Hi there, I am looking for feedback on a trading idea I have. If you plot EUR/USD as a 500-pip ...
Hi there, I am looking for feedback on a trading idea I have. If you plot EUR/USD as a 500-pip ...
Seems like a great and straightforward system! Looking forward to putting it to a test. Attached is my short entry on USDJPY an hour ago - SL is set at 82.360. Thoughts? EDIT: I can already see what's wrong with the entry - I should've entered on ...
What are your thoughts on EUR/NZD Daily? Friday formed a clear pin bar (on GFT UK Dealbook 360) - see attached. Fundamental news suggest a recovery of EUR against major currencies following indications that an agreement on Greece is within reach. ...
This looks like a very promising S&R trade - a break above the 1.538 level could encounter limited resistance until 1.557 (on 4H charts). This is a nice potential 200PIP move, although the wide stoploss to the downside can make it tricky. Looking at ...
I am still bearish on this pair. The Daily TL has held despite the big surge and yesterday saw a fairly strong reversal. On the 4H, the 38.2% Fibonacci and the 4H TL-turned-Support are stalling the decline and forcing a correction, but I am ...
Assuming that we're in a downtrend, shouldn't the following (see attached 4H) hold true? If yes, the .9190 should be the new test of a trend break.
I'm attaching the Daily timeframe chart showing why I think we hit the swing high a few days ago and why therefore the price has nowhere to go but down. The sequence of lower highs and lower lows also reinforces my bearish attitude. However, ...