RlcTrading

RlcTrading

Gbp/Jpy has a huge Head and Shoulders Reversal Pattern on the day chart. Price moved down a couple of days and yesterday moved up! I expect price to continue down now for a couple of more days... if not 3!!! My final tp is 172.000 This trade idea is based on the Head And Shoulders Reversal Pattern... We should only be looking to sell here!

RlcTrading

Cad/Jpy made a 618 retracement from the previous swing low. I am selling this... This idea is only based upon the 618 retracement level on the daily chart and I expect a new swing low. Sometimes price can make a 786 retracement so your stop loss needs to be above the daily candles there on the chart! I am expecting a sell based on the idea of the Fibonacci...

RlcTrading

This is a trend following buy idea on the hour 4 time frame. We had a double bottom reversal pattern on the hour 4 time frame. Then after the double bottom we had a swing up. Then after the swing up we had a pullback into the 26 ema on the hour 4 chart. Now we expect more buying. A good tp for short term traders would be 2.06500 My final tp is higher though

RlcTrading

If you followed my earlier sell idea , we were selling based off of the confirmed downtrend and retest of the 26 ema on the daily time frame. This plan failed. SO now we have a new plan. This pair has just made a 786 retracement on the swing low. This means it moved up 78 percent of the last swing low. This is a Fibonacci reversal area and this is exactly why I...

RlcTrading

Eur/Chf is a trade I lost earlier. I lost less than 1 percent of my account. I was expecting the trend to continue up around the 26 day ema on the daily time frame. This did not happen and we should expect that from time to time. I will enter a buy now based upon the swing up , the 786 retracement , and now im expecting a new swing up. So im entering this trade...

RlcTrading

1. Gold is in a downtrend on the daily time frame. 2. Gold has been pulling back since last friday. 3. The only way I see gold is to sell from this area but it does look like there is room for some more up movement on the day chart. My plan is to sell gold at this level with a very small position. My stop loss will be above the current day's candle. This is a...

RlcTrading

Chf/Jpy has a sell signal on the daily time frame Chf/Jpy is giving a sell signal now on the earlier time frames.. We can sell this pair now. I will be swing trading this pair for the week.

RlcTrading

Gbp/Jpy had a move down at the market open. Gbp/Jpy pulled back until now. We have a sell signal on the 15 min time frame.. We have a sell signal on the day chart and a pullback. Sell gbpjpy right now and use your own take profit and stop loss

RlcTrading

The only way we could trade this at this point... is to buy!!! We are in a uptrend on the weekly time frame. I know that the charts may tell you something different but we should only be buying here!!! I believe we can buy and hold this for AT LEAST one full week. So im buying Eur/Usd and my stop loss is under last week's candle.

RlcTrading

Bitcoin is in a uptrend on the daily time frame. It is trading above the 200 Day Moving Average Area on the daily time frame Friday it fell back to the 200 day moving average area.... In the past when it touched this area , it moved up!!! So now I expect Bitcoin to move up this week... The 1 hour time frame has a buy signal for Bitcoin using most trend...

RlcTrading

Usd/Mxn made a reversal pattern and it is complete on the daily time frame. Now Usd/Mxn has a buy signal on the daily time frame. I am buying Usd/Mxn and holding the trade for a little while.. I am always trading very small and using risk management.

RlcTrading

Xrp is giving me a sell signal on the day chart. Its a very early signal but I do believe it will pull back to around the 200 moving average "Area" ... and then move up again. This is a signal to sell XRP according to this trend following system on the day chart.

RlcTrading

Gold is in a downtrend still. Today gold pulled back in the downtrend again due to the bad unemployment news for the us dollar today. I will follow the trend here and sell. I also closed my silver buy trade today. This is a trend following idea on the daily time frame. It is a safe trade to take as long as you use risk management and trade it small.

RlcTrading

Im expecting a sell now. You can see my original idea for silver earlier this week. I have been holding a very small position all week and today I closed it. Now im looking for a sell. The long term trend for me is that it is in a downtrend. The day chart has a sell signal. Im selling now See my pevious Silver Analysis below

RlcTrading

Silver has a sell signal on the daily time frame but on hour 4 it has a buy signal and price just pulled back... So im looking for another swing high on silver on the 4 hour time frame. I wanted to show this chart to make it more clear on why I am trying to buy when the daily time frame has a sell signal. This buy idea is for the 4 Hour Time Frame Only and it...

RlcTrading

1. Usd/Mxn has found support on the day chart. 2. Usd/Mxn has retested that support on the day chart. 3. Usd/Mxn has a double bottom reversal pattern on the day chart. 4. Usd/Mxn has a buy signal on the hour 1 time frame. 5. It is safe to buy and hold usd/mxn

RlcTrading

If you are holding the buy trade we are in and you do not want to take profit , I believe price will move up to this level within 1 or 2 months. So we can hold our trades if we want to or we can close in profit. Some people may want to hold and some people may want to close. But I closed the buy... If you decide to hold the buy I believe your going to be just...

RlcTrading

1. USOIL is trending up on Hour 4. 2. USOIL just pulled back and started its move up again on the min 15 chart. 3. This is a buy idea and it is a trend following buy idea. 4. Check Out the min 15 chart , Min 4 Chart , and Daily Chart... I will update with the tp's later