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4h

Update GBPUSD: 4H Long Signal - 24-01-20 Long Set-up 4H A.2Update GBPUSD: 4H Long Signal - 24-01-20 Long Set-up 4H A.2 Entry Price: 1.26650 Take Profit: 1.27250 60 pips Stop Loss: 1.26350 30 pips Risk to Reward: 1:2 Trade Notes: -I didn't place swing trade due to being stuck at work (Improvements- Set Email Alert so I can quickly analysis current Market Conditions to place trade) 1. Trade Entry: Risk Entry (Pending Order with previous price entries) -Current Max Downdraw: 4 pips then impulsed upward with 2 momentum 4h candles - Using 15m Market Structure would be a locked in 0.42% take profit stop loss going into monday session - I would likely drop that level to 0.2% take profit stop loss - to give the trade a bit of breathing room for sunday opening session 2. Trade Entry Management: Confirmation Entry On Lower Time Frame Entry Price: 1.26694 Potential Take Profit : 1.27114 / 3.5% gain for 1% risk Stop Loss: 1.26574 / 12 pips from entry Trend Following Risk Management Strategy: Take Profit Following Market Structure: Take Profit Stop Loss Price: 1.26776 (Locked In percentage gain 0.68% ) 3. Scale In Trade Price Levels: Since all risk is off the table I will scale into the trade... Let the winners ride and let the losers go Potential Trade ideas: (Using Lower time Frame Confirmation Entry Model) Steps 1. I would wait to see how the market reacts to opening hours 2. I would look at fundamental upcoming news (helps with directional bias of the trade) 3. If those two items match up with the trade concept then I would place trade Entry Price: 1.26920 Take Profit: 1.27160 / 2% gain / 24 PIPS Stop Loss: 1.26800 / 1% risk / 12 PIPS If you got this fair then thank you for your time and support. If you want any more info or asset classes analysis please let me know. Safe trading and remember always use a stop loss and proper risk structure.
Long
by Trader_Miles
Update: EURUSD short 4h c.3 Trade 1 Short Playbook 4H C.3 Trade Idea 2 1. Price Has hit my area of value. I currently see no downward momentum. The fundamental news are also bullish. CPI: Positive 2. I will wait for a confirmation liquidity model to present on a lower time frame before placing a short trade. 3. If that happens I will place my trade with a decent size stop loss. 4. If price fully mitigates this resistance zone then I will change my bias to long Trade Idea 1: Entry Price: 1.08842 Exit Take Profit: 1.08162 or 68 Pips Stop Loss: 1.09242 or 40 Pips
Short
by Trader_Miles
SasanSeifi 💁‍♂TRX /USDT 4HHi there, As you can see in the 4-hour timeframe, the price has had a nice run-up from the demand zone at 0.096, growing 17%. However, it has since been corrected back to the support zone. It's still in a range-bound pattern, but there are a couple of possible scenarios that we can consider. One possibility is that the price will continue to be range-bound for a while longer. If it can maintain the support and resistance levels at 0.10300/0.10, it could then break out to the upside and reach the next resistance level at 0.10700. If it breaks through this level, it could then reach the next resistance level at 0.11000. Another possibility is that the price will break down from the support level at 0.096. If this happens, it could then reach the next support level at 0.097. 🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Long
by SasanSeifi