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EURUSD forecast / trades takenHey everyone. Another successful trading day has passed. Only a couple of trades we taken as forecasted in previous posts. As you can see we have finally broke the 4hr lows which ive been calling for a while and we traded according Closing all positions a few hours before the big news came out. We cut our trades prior to news as i dont want or need random news spikes in my trading, it adds risk and exposure to your account plus its banned by the prop firm who has funded me so its a great way to lose my account all together. Right now we have a massive imbalance in the market above where price is now back into the news candle. This drop tapped into a Demand zone so im expecting a pull back up (long) and will take long trades if they present. If we start seeing bearish flow mitigating ill also take sells however im preferring longs at present
by Bill-from-The-trading-Cartel
EURUSD forecast / trades takenHey everyone. not much has changed since yesterday besides the fact we took a bunch of nice trades. See image. The forecast is still the same and trades will be taken according. Expecting price to break the 4hr swing. Due to the fact we are sitting at a HTF demand area we could spring up further before hand so like always im remaining neutral. Another thing i didnt draw in is that we can also do a liquidity sweep of the highs above the asian range and then drop and this would be a great spot to sell
by Bill-from-The-trading-Cartel
Coal India flag pattern , can longA flag chart pattern is formed when the market consolidates in a narrow range after a sharp move. Usually a breakout from the flag is in the form of continuation of the prior trend. Flags give very high risk reward ratio which means relatively small risk and high and quick profits. Remember there is always a risk. Here breakdown can happen in up side to continue the uptrend. It is in one day (1D) chart so , there is highrisk Any suggession......
NSE:COALINDIALong
by Aditya_Pandit_0
That's why Price action can do wonders(gave 174% in 180days)Tata Steel gave a Break out(BO) from the Descending channel pattern at 435 level, as shown in the chart below. So basically after the BO, this guy went up whooping 173.48% in few months which is amazing. Successful traders have a good habit of hold a good script they don't exit until there is a very good reason to sell. This was just an example of how can holding a good script can do wonders. Best of luck traders/investors. > One should only enter when the risk is low. > Position size plays a very important role.
NSE:TATASTEEL
by Pratik_Barchha