Forex Winner trading blog
Many newcomers to the forex market are afraid of asking questions and fear to admit that they lack the basics that they think they should possess already. But this is non-sense. Being a Forex Beginner is not a shame at all, although many of them think of it as a laughable handicap. Moreover, this type …
Entry: 1.05138Take Profit: 1.04277Stop Loss: 1.05712 Risk to reward 1.5:1 Overall trend is downwards and price is stalling at resistance level. Looks like a good spot for the price to continue down.
Daily chart. Price hit resistance level and is stalling. Possible reversal forming. Entry: 126.123Take Profit: 125.184Stop Loss: 126.709 RR 1.6:1
Entry Price: 105.168Take Profit: 104.556Stop Loss: 105.575 Indecision on strong resistance level. Risk to reward 1.6:1
Entry Price: 1.27865Take Profit: 1.29684Stop Loss: 1.26652 Indecision candle not perfect (upper wick too long), but we can still get 1:1.5 RR, so I will place a pending order. If price shoots up, then I’m in.
Potential sell order. I will place this order only when a daily candle closes in nice indecision like it is right now. Nice 1.5:1 risk to reward ratio – might even extend to 2:1. Entry: 1.32832Take Profit: 1.31649Stop Loss: 1.33620
Entry: 1.75612Take Profit: 1.78229Stop Loss: 1.74304 Will enter this one Monday morning. Very good RR (risk to reward) ratio 2:1.
Pending order:Entry price: 125.955Take profit: 126.745Stop loss: 125.428 Daily graph shows uptrend, so we are looking to buy. 4 Hour graph Price is retracing and has reached 50 EMA and trend line (dotted green line). Big red downward wicked candlestick is a sign of indecision. That means there is a high chance of price starting …
Order details:Entry price: 78.154Take profit: 78.807Stop loss: 77.720 Risk to reward 1.5:1Here we might even go bigger because next resistance level is far away. Daily trend is up – so we are looking to buy. Chart on H4 Price has retraced back to the support area. Two candles inside the red circle show signs of …
Possible long trade forming up. I will place pending order like this: Entry price: 1.34049Profit level: 1.34929Stop loss: 1.33463 Strategy explanation Daily uptrend – so we are looking to buy. On 4 hour timeframe we have our possible entry. Price has steadily climbed upwards and now has made a little pullback to support area (green …
