I'm still keeping my buy order open tho!

it wasn't as big of a jump as I hoped, but I'm not gonna be the one complaining about my profits being lower than what I want them to be! 😄

As I predicted, it hit 1240.00 in less than 24 hours!

please share the posts of my channel to other traders you know, so it can grow faster and I get motivated to post more often. thanks.

EURUSD - Sell - Entry 1.14420 - stop loss 100 points - target 300 points. ( it started moving before I have the chance to post this, but I'm sure it will bounce back up again very soon.

price seems to be reversing on the resistance line of 1.14450 , so if it bounced up again close to that area, go in with a sell order and put your stop loss a bit above 1.14500 resistance line.

there is also this acending trend on the chart, so you might wait and see if it manages to break it or not, and if it did break it (breaking through the 1.14250 support line) you can sell it there

always put your stop loss behind a resistance/support line and your target before it. so it would be harder for the price to hit your stop loss and easy for it to hit your target and don't reverse before hitting it.

Gold - we have a channel in 5 min chart and a triangle pattern on 1 hour chart.

triangle pattern is in its 5th wave (if I'm not mistaking) so it probably should touch the top of the pattern before it can move down for the sixth wave. and since its not that far into the 5th wave, it could very well be considered as a part of the 4th wave, so its really hard now to decide in which general direction the market is moving (based on technical analysis alone, I mean)

so I personally won't go in with a trade on gold, for at least another 8 hours. I'll wait and see if it creates a fifth wave and if it does, I'll probably get in on the sixth wave, ot if happened to move down again and continiue the forth wave, I will wait for the break out of the pattern and trade that after the pullback.

if you took this trade with me, lower your stop to 80 points and set your take profit at 160 poinst.

its ok if you close this one at around 15 pips too. its in a high risk area anyways.

price movements aren't as strong as I hoped, so feel free to close this one on breakeven. I think its wiser for now to go in with bulls instead of bears.

price will probably jump up to around 1.1500 and it will most likely reverse after that.

NZDUSD - Price is in a critical area. it has finished a triangle pattern on the 8H chart and it can either break it and move further up or reverse and fall down.

I personally expect it to fall down. so I have a sell limit order in already at 0.73550

In case anyone wants to take the trade with me, my stop loss is 0.74311
And I dont have a take profit set on this trade.
Its a very low volume trade that I go in for the fun of it. And I let the tp open in case it makes a crazy fall or in case I decided to let the trade run for another week or two.

It just hit my take profit for 16 pips. So it was a successful trade.

Even tho I expected it to fall down more, the price movements werent as strong as I wanted them to be, so I decided to get out after 16 pips and wait for a stronger setup to form.

Anyways, congrats to any of you who took the trade with me.

I just took almost the same trade again ( entry 1.14390) and this time it managed to hit 20 pips tp.
If the price bounce back to the same area agian I will go in again for a third time.

Right now the 1.14390 is a good entry point for a sell trade, since its a perfect place to have a 3:1 risk to reward ratio. A 7 pip stop to a 21 pips take profit.
And the 7 pip stop will be behind the 1.14450 resistance line.
So overall its a great setup.


But of the price bounced back there, wait for the next candle to close (5 min chart) and if it didnt made a big move up (creating a significant higher high or a strong bullish candle) then its safe to get in on the sell train 😋

Someone asked me why I dont share a lot of signals (exact entry point) so I think I should explain why there is not a lot of signals in this channel..

Reason is quite simple, I dont share just any hunch or gut feeling I have about possible reversals.
A lot of traders are out there who just do a simple Fibonacci tracing and take the prz areas and share them as reversal signals and their channels always gets super popular very fast.. But the thing is, those traders are more often than not wrong on their "guess" and it costs some people serious money.
I dont share any setups unless Im certain it will give at least a 1:3 ratio of risk to reward.

If you guys want, I can share signals with a smaller risk to reward ratio.. Like 1:2 or 1:1 even.
But I generally dont trade those setups unless I need a few pips to complete my 100 pips daily quota before the end of the day.

But if you guys are interested in signals with wider stops and take profits with ratios like 1:1 , 1:1.5 or 1:2 I can do that as well..
But I cant stress this enough that how important the risk to reward ratio is to a trader's success in long run.


But since I have created this channel to help you guys I will put up a poll and if the majority preferred that I share all the signals I come across, I will do that.

unfortunately it didn't jump high enough to activate my sell limit order at 0.73550 but since its still above the short time acending trend, I'm hoping it makes another higher jump.

if not I will sell it after it breaks the acending trend and move passed the support line of 0.72750