Marteyfx

Marteyfx

GBPCAD Short Pullback Trade We created a lower high rejecting MA's on higher timeframes and started to go down. Old support became resistance. Stop Loss above the recent high: 1.79110 Take Profit: 1.78560 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 later H1 - Close the...

Marteyfx

AUDUSD Short Pullback Trade We rejected PDL. Created lower low, possible new local lower high to join the trend on pullback. Stop Loss above the recent high: 0.66997 Take Profit: 0.66769 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 later H1 - Close the loser before hitting...

Marteyfx

USDCAD Short Fakeout Trade In the Asian session we close above the Previous Weekly High and Asian open price and then returned below, waiting for push down. Stop Loss 10 pips above the zone: 1.37914 Take Profit: 1.37593 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and later...

Marteyfx

EURUSD Long Fakeout Trade The price went below the Previous Weekly High + Previous Day Low and before there was a liquidity grab from the bottom, waiting for push to the upside. Stop Loss just below the zone: 1.08881 Take Profit: 1.08985 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure...

Marteyfx

GBPCAD Short Fakeout Trade In the Asian session we close above the Previous Weekly High + Previous Day Low and Local High and then returned creating a double top, waiting for push down. Stop Loss 3 pips above the zone: 1.80246 Take Profit: 1.79759 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market...

Marteyfx

GBPCAD Long Pullback Trade We rejected our HTF pullback zone and then returned above. Multiple confirmations on H4 - price rejected area between 50 and 100 MA, long-term support rejection, previous day low rejected. Stop Loss below the recent low: 1.78851 Take Profit: 1.79819 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3....

Marteyfx

GBPUSD Long Pullback Trade We rejected our HTF pullback zone and then returned above. Multiple confirmations on H4 - 50 MA bounce, long-term support rejection, previous day low and previous weekly high rejected. Stop Loss below the recent low: 1.32365 Take Profit: 1.33184 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3....

Marteyfx

GBPUSD Long Fakeout Trade We went below Previous Day Low to grab liquidity and then returned above. Stop Loss 10 pips below the wick: 1.33330 Take Profit: 1.33731 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and H1 Close the loser before hitting full SL if price moves back...

Marteyfx

EURUSD Long Fakeout Trade We went below Previous Day Low to grab liquidity and then returned above. Stop Loss 10 pips below the wick: 1.11016 Take Profit: 1.11299 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and H1 Close the loser before hitting full SL if price moves back...

Marteyfx

USDJPY Long Fakeout Trade We went below Previous Weekly Low + Previous Day Low and then returned above. Stop Loss 10 pips below the wick: 141.489 Take Profit: 142.724 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 Close the loser before hitting full SL if price moves back to...

Marteyfx

AUDUSD Short Fakeout Trade We closed above Previous Day High + Weekly High with and return below the zone, structure Stop Loss 10 pips above the new wick: 0.69536 Take Profit: 0.69130 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and later H1 Close the loser before hitting...

Marteyfx

EURUSD Long Fakeout Trade We went below Previous Day Low to grab liquidity and then returned above. Stop Loss 10 pips below the wick: 1.11144 Take Profit: 1.11542 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 Close the loser before hitting full SL if price moves back to the...

Marteyfx

USDJPY Short Fakeout Trade - 2nd entry We closed above Weekly High with and return below the zone then we broke the Weekly high again and return below again. Stop Loss 10 pips above the new wick: 144.788 Take Profit: 144.022 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and...

Marteyfx

USDJPY Short Fakeout Trade We closed above Weekly High with and return below the zone, structure became bearish Stop Loss 10 pips above the new wick: 144.824 Take Profit: 144.002 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and later H1 Close the loser before hitting full SL...

Marteyfx

GBPUSD Short Fakeout Trade We closed above Weekly High with a strong momentum and return below the zone, Stop Loss 10 pips above the new wick: 1.34214 Take Profit: 1.33709 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and later H1 Close the loser before hitting full SL if...

Marteyfx

GBPUSD Long Pullback Trade We closed below Previous Day Low and then returned above. Stop Loss below the recent low: 1.33634 Take Profit: 1.33874 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 later H1 - Close the loser before hitting full SL if the retracement extends and the...

Marteyfx

EURUSD Long Fakeout Trade We closed below Previous Day High and then returned above. Stop Loss 10 pips below the wick: 1.11672 Take Profit: 1.11988 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and H1 Close the loser before hitting full SL if price moves back to the breakout...

Marteyfx Updated 

USDJPY Short Fakeout Trade We closed above Previous Day High and Weekly High with a strong momentum driven buy news from the morning then returned below. Stop Loss 10 pips above the wick: 144.798 Take Profit: 143.983 1. R:R 1:1, 0.5% Risk 2. After reaching TP closing half and moving SL to Breakeven 3. Trailing the rest with market structure on M15 and later...