EURUSD - 1H

I think a sell order at 1.16050 with a stoploss behind 1.16300 and take profit on 1.15500 isnt a bad idea.

this one is in about 75 pips of profit, I think considering how it reacted to the trend line at 1.60400 it is worth it to save the profit here and wait for a new entry when it corrects the fall. chances are we will be able to get in again a bit later at a better price.

but if it breaks through the support of 1.604 it can continue to fall to 1.59600 as well. I still have it on my watch list.

the selling pressure seems pretty strong as we approach London's open. if it breaks through the support line I will enter again for the target I mentioned earlier.

this one hit the target for the small order I had on it, went straight for the midline and broke through it and now it has reached the resistance of 111.500. it might correct the upside move a bit and build some potential on top of the midline and then I expect it to follow through towards the final target I had on it which is 112.112

the small order got 50 pips of profit and thats the only profit I include in the weekly count because I only count the profits from shared signals.

this one also almost reached the target but judging by the DXY I think we might see a correction on this one too, and I think it will give us a new cleaner entry again, so I exited this one here with 50 pips of profit. I think its enough for now.

#EURAUD had a big jump to the upside and I entered now again with a sell order on 1.61300 with the same stop and target as before!

trade war tentions are raising again, its safer to be on the buy side of dollar for now. I wont share non-pattern based trades as that was not my intention for this month. so for now most charts arent really in a pattern mode and I cant share much since movements are feueled by political tentions. but as soon as the market settles down a bit and I find any decent patterns on 1H charts I will share them on the channel.


happy trading everyone

#EURJPY - H1 - waiting for breakout to downside.

the green line is the target I have on it and the red line is the stoploss. the blue line is the best entry price imo.

#DXY - H1
waiting for the breakout to the downside.

stoploss red line and green line is the target.

the blue line is the best entry price imo.

#EURCAD - H4 - channel

I have had this channel on this pair for a while. and each time after breakout from uptrend I short it for various targets.

currently we can have a clean entry at blue line.

a bit info about the colored lines, especially the blue line.

when I trade patterns, sometimes I trade based on breakouts and sometimes I trade based on speculation. the blue line is usually the entry based on speculation which gives the perfect risk to reward ratio based on the movements leading up to the creation of the pattern.

but often times, its safer to trade the breakouts which is reactionary trading, rather than anticipating the moves in advance. so in that scenario, when you want to trade the breakout, my method is that I wait for it to happen, then wait for a pullback/retest of the trend lines, and then I enter after that pullback so my entry falls on the trend line instead of being on the tip of the breakout bar.

this way I get a better risk to reward ratio on the trade.


Im going to share the charts with those colored lines because it helps me post them here quicker without typing out numbers.

also, if you want to trade the breakouts, just wait for them and enter the trades after the retest or at least try to enter at a price as close to the blue line as possible to have a better risk to reward ratio.

this one failed and hit the stop. thats -40 pips for this chart.

this one hit the target we had on it. +75 pips of profit on this one.

Sorry for lack of activity guys. The only reason for inactivity, has been the tentions around the trade wars.


Im using this time I have for writing an educational book which I will be publishing on this channel as soon as I finish it (my estimation is in two months at most)
Im trying to create a different educational book than most of the typical trading guides you can find online, by going through the necessary concepts first and then mixing them with my own trading strategies and the mentality and knowledge behind them.. and at the end of the book, Im going to try to teach the proper way of developing a new trading strategy that is compatible with your personality type.


In the meantime, I will share any pattern-based trading opportunity I can find that is worth taking, in this channel.
and since trade war tentions have messed up the rhythm of my live trading for the month of september, I will keep this thing going till the end of December to make up for the missed weeks in the middle.

Thank you all for the continued support.

Regards
@Linorth

this one got close to our stop and then with a sharp fall almost reached the target I had on it. since the fall is that sharp, I think its better if we get off it here. even now its a decent +150 pip profit. so we can get out and wait for a better entry to enter again.

I have been giving myself a month off, to distance myself from the chaos of working long hours for the past four months and charge my batterirs up again.

from monday I will get back to the normal routine and share trades I want to take with you guys here in the channel.


the book is almost finished.. Im just adding some cool new material to it that you cant find anywhere online (like my cross method for example) so Im very excited about sharing that with you as well.


see you all on monday.
have a nice weekend everyone!

-@Linorth

Just so you know, I am here, just haven't find anything interesting yet! 😁
by the way, if you have a analysis that want me to check it out and share my opinion about it, you can send it to me via direct message by clicking on ---> @Linorth and I'll be more than happy to help you with that!

#AUDCAD - H1

hello everyone, Im starting the week with a position on this pair.. seemed like a decent 1:2 trade.

green line is target, red line is stop and blue line is the entry.

#USDJPY - H4 - Elliot waves

this one is also a good 1:3 trade. again, the red line is stoploss, blue line is entry and green line is target.

I will share the elliot analysis of it shortly.

#GBPUSD - H1

This one also seems like a good buy opportunity, price has stabilized above the static line of 1.29600 so I'm expecting the price to move higher towards the green line.