Renforex

Renforex Updated 

Hopefully the last one of the day. Please stop mr robot.

Renforex Updated 

Again

Renforex Updated 

Taking a short on the candle opening after the previous closed position.

Renforex Updated 

Algorithm entered long. Chart is self explanatory.

Renforex Updated 

I haven't posted in a while because I have been working on my algorithms lately and have almost entirely ceased manual trading. From now on, any chart with the blue background is a trade taken by my algorithm. I can't post targets for exiting positions based because the way it exits winning is too complex. The algo opens on average 2 positions per day, so I...

Renforex Updated 

If you look at the related idea you will see the profits made from the previous AUDUSD daily trade. This trade uses the exact same blue line as entry point for the short. Place stops above blue line and enjoy the ride down with me once again. Do not be alarmed if the trade heads to the blue line again. Every pass under the blue line is another entry point....

Renforex Updated 

Made a nice profit with the last move in the related ideas. It came up again and is likely looking to hit the mark shown on the chart allowing yet another brilliant entrance for the short. Red arrow doesn't predict exact time or price, only general direction for simplicity. Enjoy.

Renforex Updated 

This is just an update on a smaller time-frame for the related idea (link should be below) Seems like a reversal zone here. Good place to add to your shorts or a good place to short if you missed the original entry.

Renforex Updated 

As you can see from the related idea, a lot of money was made within the previous structure and upon the exit of structure. Textbook moves, very easy to read. (I may have typo'd in the title of related idea lol) Here we have another very simple move. I don't need to explain much so the simple rules of this trade are as follows if you have not already entered: -...

Renforex

Couldn't adjust the Stop loss correctly because it went above my screen. But it's obviously above structure. Take profit 1 is the nearest gap. Take profit 2 is the bottom line of the structure. Take profit 3 is the gap below the structure. Enjoy.

Renforex

I had shorted this pair as it broke down out of the channel. But closed that trade and have re-entered long after the 4h candle closed within the channel again and broke above the down trend line. I wouldn't say this is a safe trade. But it is still worth taking in my book. Great R:R ratio. Ever loser is an opportunity to win in the opposite direction ;) Red...

Renforex Updated 

Looks like a good time to buy. SL below structure. Following red arrows and taking profit manually. Red arrows don't predict exact price or time. Only direction.

Renforex Updated 

I am now short on this pair. I have already entered but here is another good entry point. Place stops above channel. Red arrows do not predict exact price or time. Only direction.

Renforex

Follow the red arrows and keep SL above structure.

Renforex

The red arrow guides us once again

Renforex

If you have been following my previous EURGBP charts you will have made some serious pips in the past 2 weeks. But now it gets a little less clear. We are at the bottom of our channel, which gives potential to buy. However the previous high has formed a double top , which gives us the possibility that price will exit the current channel. Buying with a stop...

Renforex Updated 

Top of channel, nice divergence, red arrow etc. See related ideas to get a better picture. Red arrow is not predicting exact price or time. Just a general direction. Watch closely for your exit as it happens.

Renforex Updated 

Attempt two. Shortedat 1.125. Didn't post chart until it looked more clear considering my last eu short was horrible haha.