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Yes, both trendlines are pointed at different directions but you can see how similar it can be based on my analysis.
First, we have to register the fact that the trend on the 4-hourly chart is still bearish and the market is within the sell zone. I am... moreYes, both trendlines are pointed at different directions but you can see how similar it can be based on my analysis.
First, we have to register the fact that the trend on the 4-hourly chart is still bearish and the market is within the sell zone. I am waiting for a shorting opportunity.
So a bearish engulfing might just set up well for me to engage a short trade. If that didn't happen, I would just need a break and close below the bullish trendline on the left, a break and close below the trendline will set off a short position.
Bored with your job, but feel you have no option because it pays the bills? No work-life balance and barely any time to do the things you truly love?
Well, I’m Rayn, and in the past, I used to work the 9-5 just like many of you. My head of department instructed me to slow down my pace if there wasn’t any other work for me to do. Just so the entire department wouldn’t look bad.
Well that’s experience I got working at a Japanese MNC based in Singapore. That was the first realization I had that the 9-5 grind was not for me.
These days, the way I trade, I spend about 30 minutes a day in front of my computer.
Join me at our 3-hour live workshop, happening this month 17h September Thursday in Singapore at 7pm.
A complimentary E-book will also be sent to all participants.
https://www.facebook.com/events/397210077605984/ />
Next Wednesday, 11th September 18:08pm – 20:00 (+8 GMT) I will be going through 12 currency pairs on out weekly midweek analysis. Like our Facebook page to be notified when we go live.
https://www.facebook.com/forex100.org />
Share our post so more traders can benefit from our analysis and comment one thing you liked about the analysis.
Your support is always greatly appreciated.
Live Chart:
https://www.tradingview.com/chart/NZDJPY/AcEUaJj9-Trade-Ideas-Educator-NZDJPY-Trendlines/ />
#askForex100 #NZDJPY #Trendlines #Breakouts #Forex #Trading #ForexTrading #SellZone #TrendTrading less
Yes, both trendlines are pointed at different directions but you can see how similar it can be based on my analysis.
First, we have to register the fact that the trend on the 4-hourly chart is still bearish and the market is within the sell zone. I am wai
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A sideways consolidation or better known as pennant has formed on GBPJPY . A breakout of either side will usually confirm the direction of the market expansion.
An aggressive trader will usually wait for a break and close above or below the pennant to... moreA sideways consolidation or better known as pennant has formed on GBPJPY . A breakout of either side will usually confirm the direction of the market expansion.
An aggressive trader will usually wait for a break and close above or below the pennant to chase the move of the market.
A conservative trader will then wait for the retracement to engage the trade of the confirmed direction, which are you?
Bored with your job, but feel you have no option because it pays the bills? No work-life balance and barely any time to do the things you truly love?
Well I’m Rayn, and in the past I used to work the 9-5 just like many of you. My head of department instructed me to slow down my pace if there wasn’t any other work for me to do. Just so the entire department wouldn’t look bad.
Well that’s experience I got working at a Japanese MNC based in Singapore. That was the first realization I had that the 9-5 grind was not for me.
These days, the way I trade, I spend about 30 minutes a day in front of my computer.
Join me at our 3-hour live workshop, happening this month 5th September Thursday in Singapore at 7pm.
A complimentary E-book will also be sent to all participants.
https://www.facebook.com/events/3054676877939108/ />
Next Wednesday, 4th September 18:08pm – 20:00 (+8 GMT) I will be going through 12 currency pairs on out weekly midweek analysis. Like our Facebook page to be notified when we go live.
https://www.facebook.com/forex100.org />
Share our post so more traders can benefit from our analysis and comment one thing you liked about the analysis.
Your support is always greatly appreciated.
Live Chart:
https://www.tradingview.com/chart/NZDJPY/V0nSIevu-Trade-Ideas-Educator-NZDJPY-Pennant/ />
#askForex100 #NZDJPY #Pennant #Sideways #SidewaysConsolidation #Forex #Trading #ForexTrading #ForexCoach #LearnForex #Breakouts less
A sideways consolidation or better known as pennant has formed on GBPJPY . A breakout of either side will usually confirm the direction of the market expansion.
An aggressive trader will usually wait for a break and close above or below the pennant to ch
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Channels Recommended for You
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A bearish bat with my favorite ascending triangle can be a bit tricky for the decision making for this setup.
I will wait and see how the market react at the blue trendline , a break and close below the blue trendline will make the ascending triangle... moreA bearish bat with my favorite ascending triangle can be a bit tricky for the decision making for this setup.
I will wait and see how the market react at the blue trendline , a break and close below the blue trendline will make the ascending triangle invalid, however, if the market didn't break and close below the bullish trendline (blue) I will unlikely let place a sell limit to short for the bearish bat .
When 1 have multiple trading strategies is important to have an objective view in the setup.
Getting bored with your job but just have to stick on it because it pays the bill? Not enough time to do the things you like to do? Well I'm Rayn, I feel that too from time to time during my internship, looking at the clock and pace my work as my head of department ask me to "slow down" my pace of work if not there isn't other work for me to do and the entire department will look bad, that's what I receive from a Japan MNC company based in Singapore, that's the moment I know working a 9-5 is not what I wanted.
The way I trade, I just need to spend 30-mins a day in front of my computer.
Join me at our 3-hours Live Workshop that's happening this month, Tuesday, 5 September 2019 in Singapore at 1900hr.
A complimentary Ebook will be sent to you.
facebook.com/events/3054676877939108/
Next Wednesday, 28August2019, 18:08pm-20:00(+8GMT) I will be going through 12 currency pairs on the mid-week analysis
Like our facebook page so when we went live, you will be notified:
facebook.com/forex100.org
SHARE our post so more traders can benefit from the analysis and
COMMENT 1 thing that you like about the analysis.
Your support is greatly appreciated.
Live Chart:
tradingview.com/chart/USDCAD/c2bQaKyv-Trade-Ideas-Educator-USDCAD-Bat/
#askForex100 #USDCAD #BearishBat #BatPattern #AscendingTriangle #ForexTrading #Forex #Trading #ForexTrading #HarmonicPatterns #Breakouts #CounterTrend less
A bearish bat with my favorite ascending triangle can be a bit tricky for the decision making for this setup.
I will wait and see how the market react at the blue trendline , a break and close below the blue trendline will make the ascending triangle inv
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