New Trade: May 24, 2016. Now up 93 pips thus far:
EURNZD DAILY KANGAROO TAIL OR 12 HR BEND
S/L: 1.6463
BUY: 1.6596
T1: 1.6748
T2: 1.6960
Congratulations to those who traded the Forex Naked Price Action Trendy Big Shadow Trade. We have hit target #1 for 107 pips. I have moved my S/L to BE 10+pips.
USDJPY TRENDY BIG SHADOW (May 19, 2016)
S/L: 108.61 Risk 174 pips (Moved S/L to BE 10+ pips) May 30, 2016
BUY: 110.35
T1: 111.42 Hit target #1 for 107 pips May 30, 2016
T2: 112.35
We’ve hit target #1 on the:
GBPCAD Daily Forex Naked Price Action Acapulco
S/L: 1.8892 Risk 179 pips
Sell: 1.8813
T1: 1.8565 Hit target for 248 pips
We’ve hit target #1 for 125 Pips on the: EURGBP Daily Acapulco Trade June 3, 2016
S/L: 0.7660 Risk 121 Pips
Buy: 0.7781
T1: 0.7906 Hit target for 125 pips (June 10, 2016)
T2: 0.7975
Hello Traders,
Here is one of those hidden gems in Price Action Trading and if you’re not familiar with this trading strategy it is called a Pennant Trade.
This one of the 18 different trading strategies that I use and also teach. Here is a current picture of one that has formed on the AUDCHF Forex Chart.
I would really like to know if you trade Pennants. If so what are you rules for trading them? Would you consider this set-up a valid one in your opinion?
I look forward to your replies.
FXALTareeq
My last 2 trading days using the Only 20 Pips EA:
Made 80 Pips on August 3, 2016
Made 160 Pips on August 4, 2016
Ended the week with 240 Pips.
Here are my trades that I trade the Only 20 pips EA with on Thursday. I took 7 trades on August 9, 2016.
Here are the results of those trades. 6 trades hit their targets of 20 pips each. 1 trade hit S/L. Final results 86% win rate with 120 pips:
Have a magnificent day on PURPOSE!
Another Forex Kangaroo Tail Trade that printed on EURAUD H4 that I am not trading. It looks good but there are a few things that I don’t like about this trade. We will see if my predictions are correct in the next two candles. The question that I have is if it becomes a busted Kangaroo Tail would you trade it in that regards see the current Support and Resistance levels on the Weekly charts?
Chime in and let me know if you agree or disagree with my decision. I would love to hear from you.
