Trading Ideas for You


My name is David.

I will be posting some of my trade ideas for those of you that want to get some insight into the market.

Most of my trades will be off the 15 minute and hourly chart. But I will be glancing at the 4 hr and daily chart as well.

So far I am about 60% right this past month which is very good.

I am very patient, I do not trade unless things do not line up the way I want them to. So, with that being said there might only be a couple trades on here daily.

I am also a student in college so my time is limited to trade.

I use price action and a trading system that I learned called the 2618 trade.

Thank you to all that will be looking at this thread.

And if you have any questions, do not hesistate to message me. I will do my best to answer your questions about my trades. But keep in mind, that I am not a professional, nor do I have the experience to teach anymore.

Thank you,

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

First trading opportunity.

AUDUSD on a 15 min chart. Trend Continuation trade.

I saw a break of structure to the downside.

I saw the break of structure at 0.70107.

If we get a pushback into that level than we can look to sell for a potential profit.

Profit target #1:Previous structure. 0.69931

Profit Target #2: 0.69824 1.618 fibonacci extension

Stop Loss above the highs at 0.70246

Use money management for entry.

Almost got filled on the trade, but price did not touch the level I wanted it too.