There's a long-term 1:1 with a pull back into a key area so short is possible here.
It depends on the way you see the market's overall trend projection but this would make a good short for the immediate future.
Price may rotate down from here, another key area off of a S/R level.
Good position for a short, lines up structurally and harmonically.
The weekly bar on this pair looks intimidating, like a major shorting opportunity, but we are trading the shorter-term 4H swings so this trade fits in perfectly with a move that should provide a good swing up. The bottom green line showing the -500 mark was the original stop loss but now it has been moved to breakeven plus commission because we are at a R:R of...
Based on previous behavior, price may be rotating back down to the reddish line, which would be for 70 pips if reached and if stopped out -35 pips.
Going for 3:1 off of peak reversal and lining up with HTF PA.
Full transparency, it would be impossible for me to publish all the trades I take to reach a certain income every month. I realized there is a very large gap between what I publish on this site and the way I really trade. For example, over the last week or two I have never taken a full stop out, whereas what viewers on this site see is just what is expected as far...
This is a trade I'm in, at BE. Had many losses this week, maybe 12, they were extremely small. Maybe it's mentally hard for people to take many small losses back to back. For me, it's the best way to get into larger winning positions. It could hit breakeven when the Euro session starts or news comes out in about 12 hours, either way, it's worth holding. I like to...
Last fib level before completely leaving the golden zone. Distant S/R but worth a shot with very low risk.
Inside bar trap to the downside but more with the current trend then the nzdjpy or cadjpy trades.
Weekly rejection with smooth continuation up for 1:1, but target staying at 2:1. Getting busy so more systematic, less discretionary from here on out.
Possible momentum shift down with a tight stop. I know the tight stop makes some people dizzy but it's part of the plan.
This is using RSI divergence as one way to determine a potential reversal point. If it takes or not will determine the exact nature of the stop. The trend line is used to see if price bounced off the other side on its way up, gives it added confluence.
Taking its time, slowly positioning itself for a drop down. See where it ends up in about 15 days. Going for 2:1.
Push down on break of TL although that TL is only there to identify a slight retest to see if there is any continuation down. Low risk, CT.
This is a long based on 4H and Daily. Before I posted a monthly chart showing a short position - it's still on, but over the long-term. Green ling is where I entered, blue is target and tomato is stop.