Trading Tip:
Once I have found a directional bias in the market, I then give myself 2 attempts at the trade AT TWO DIFFERENT PRICE POINTS.
1). Where it looks the best
2). Where the best risk to reward opportunity is.
This gives me twice the amount of opportunity. π
Be patient, keep it simple, create a set of rules to follow and manage your risk. π
These are the principles of consistently making money as a Trader! π₯
Once I have found a directional bias in the market, I then give myself 2 attempts at the trade AT TWO DIFFERENT PRICE POINTS.
1). Where it looks the best
2). Where the best risk to reward opportunity is.
This gives me twice the amount of opportunity. π
Be patient, keep it simple, create a set of rules to follow and manage your risk. π
These are the principles of consistently making money as a Trader! π₯
π XAUUSD (GOLD) β Sell Setup | 2H Chart
πΉEntry Zone: 3341 β 3346
πΉCurrent Price: 3337
πΉ Stoploss: 3349 (above zone)
πΉTarget 1: 3320
πΉTarget 2: 3314
π Setup: Price is being rejected from the resistance zone, structure is making lower highs.
π§ Wait for bearish candle confirmation inside zone.
β οΈ Risk Management = ON (Use 1-2% only)
π Free PDFs & Signals β @menutradefx
#xauusd #goldsell #forexsignal #tradingview #technicalanalysis #menutradefx #priceaction #chartsetup #sellgold #shortsetup
πΉEntry Zone: 3341 β 3346
πΉCurrent Price: 3337
πΉ Stoploss: 3349 (above zone)
πΉTarget 1: 3320
πΉTarget 2: 3314
π Setup: Price is being rejected from the resistance zone, structure is making lower highs.
π§ Wait for bearish candle confirmation inside zone.
β οΈ Risk Management = ON (Use 1-2% only)
π Free PDFs & Signals β @menutradefx
#xauusd #goldsell #forexsignal #tradingview #technicalanalysis #menutradefx #priceaction #chartsetup #sellgold #shortsetup
π USDCAD β Buy Setup | 2H Chart
πΉ Entry Zone: 1.3700 β 1.3720
πΉ Current Price: 1.3720
πΉ Stoploss: 1.3690
πΉ Target 1: 1.3745
πΉ Target 2: 1.3765
π Setup: Price is taking support at demand zone, bullish breakout is possible. Structure is forming higher lows.
π§ Wait for bullish candle or retest for entry confirmation.
πΉ Entry Zone: 1.3700 β 1.3720
πΉ Current Price: 1.3720
πΉ Stoploss: 1.3690
πΉ Target 1: 1.3745
πΉ Target 2: 1.3765
π Setup: Price is taking support at demand zone, bullish breakout is possible. Structure is forming higher lows.
π§ Wait for bullish candle or retest for entry confirmation.
π GBPCAD β Sell Setup | 1H Chart
πΈ Entry Zone: 1.83950 β 1.84250
πΈ Current Price: 1.83916
πΈ Stoploss: 1.8430
πΈ Target 1: 1.8355
πΈ Target 2: 1.8315
π Setup: Price is reaching the supply zone and has already shown rejection. The structure is making lower highs.
π Take sell entry only after seeing confirmation candle or re-entry rejection.
β οΈ Risk management is important β do not take more than 1%
π Free PDFs & Signals β @menutradefx
πΈ Entry Zone: 1.83950 β 1.84250
πΈ Current Price: 1.83916
πΈ Stoploss: 1.8430
πΈ Target 1: 1.8355
πΈ Target 2: 1.8315
π Setup: Price is reaching the supply zone and has already shown rejection. The structure is making lower highs.
π Take sell entry only after seeing confirmation candle or re-entry rejection.
β οΈ Risk management is important β do not take more than 1%
π Free PDFs & Signals β @menutradefx