USDCAD may have another leg up. Or is this the high for the coming few weeks? We should know by tomorrow (Friday) Based on the candle structure, closes, ect. Thoughts? Leave below!
Targets and stops on the chart.
GBPJPY has broken the consolidation to the downside and retested it, and now in bear trend!
Following only the calls on my LZD system since Feb and reinvesting the profit into a new position on the close/open opposite position calls, you could have turned 10,000 into 23,432 (minus fees on 14 total trades). Without compounding profit you would still have 74% profit on your total position. It has some bad calls and the largest loss was two 12% losses in a...
Chart is self explanatory. I recommend laddering your entries up on the subwaves. Use SL and Don't spend all of your money in one entry.
I did not publish the ideas for a while, because the market situation needed clarification. And now the situation does not look good: 1. Divergence on the 4H chart 2. Bearish flag 3. Bearish flag fixed to the trend line (see the comment with the image of the daily chart) 4. Possible head and shoulders pattern 5. This movement is corrective because it has many...
Enter - 0.35 Stop - 0.36 TP - 0.33
Enter ~ 1.170$ TP ~ 1.158$ Stop ~ 1.174$
Enter ~ 0.330$ TP ~ 0.305$ Stop ~ 0.343$
Enter ~ 6500 - 6550$ TP ~ 6000$ Stop ~ 6700$
Enter ~ 205$ TP ~ 190$ Stop ~ 210$
Enter ~ 5.15 - 5.20$ TP ~ 4.55$ Stop ~ 5.40$
Trading Plan: Short Term: Sell until 1.2690, TP at 1.2681, SL 1.3050 Short Term: Buy below 1.2681, TP1 1.2800, TP2 1.2850 Long Term: Sell, TP at 1.2022
Looking at the Macro analysis in my last published idea, have been waiting for. good entry on the FTSE for the past couple of weeks. See above my idea. Good R:R for this trade. I suspect we are currently experiencing wave c2 - I will be looking to catch the trip to the downside for wave 3/4/5 for a test of the lower bound of the diagonal. Considering chart...
4H and Hourly chart continues to show divergence...daily trend is still bearish...I am looking for a re-test right below 6660 to enter short with stop above the most recent (lower) high.