Trader456's trading ideas - page 36

 
trader456:
Sell USDCAD at 1.0660.Stop level at 1.0720Target level at 1.0540

Closed the trade at 1.0538, profit is 122 pips.

 

“BL TS Systemis our proprietary forex trading system — Different currency pairs have different behaviors and characteristic and this change in different seasons of the year

BL TS system is a FX Behavioural Strategy. BL TS system tracks recent behavior and characteristic of the currency pairs, then uses this information to track buy and sell signals. This system is suitable for all kind of market conditions and different currency pairs.

A typical time horizon of a trade is between 5 hours to 36 hours. Trading opportunity from this system can occur in different time zones.

 

Long term support level formed at 0.9950.

Buy USDCHF at 1.0033

Stop level at 0.9900

Target level at 1.0300

 
trader456:
Long term support level formed at 0.9950. Buy USDCHF at 1.0033Stop level at 0.9900Target level at 1.0300

Closed USDCHF at 1.0141, 108 pips profit.

 

Resistance formed at around 1.3150 by 200 days moving average.

Proven indicators have signal sell.

Sell EURUSD at 1.3062

Stop level at 1.3200

Target level at 1.2900

 

Support level formed at 0.9980.

Stochastic has signal buy.

Buy USDCAD at 1.0024

Stop level at 0.9930

Target level at 1.0200

 

Resistance holding well at 115.32

EURJPY is trading in a downtrend.

Sell EURJPY at 112.60

Stop level at 116.00

Target level at 108.00

 

Been watching that Call on Usd/Cad with you, it moved up nicely from your signal point, and has come back to near entry, looking for a support here now around your entry, then the move to your target.

How long will you hold a trade, until a target or stop is hit?

Thanks, keep up the great thread.

Cheers

Note: I figured I had the money to play a Mini-Lot on that trade, I took long here at 5:40 pm EST at 1.0035, just above your call from earlier. I have my limit and stop as per your post.

trader456:
Support level formed at 0.9980.Stochastic has signal buy.Buy USDCAD at 1.0024Stop level at 0.9930Target level at 1.0200
 

I have just closed the Usd/Cad Long for +47 pips. This trade was about 5 hours in duration, and I did not want a position going into Friday.

Thanks Trader 456, I will continue to watch along with your calls, makes it nice to have a trade that last more the 1 to 10 minutes.

Cheers.

 
trader456:
Support level formed at 0.9980.Stochastic has signal buy.Buy USDCAD at 1.0024Stop level at 0.9930Target level at 1.0200

Closed USDCAD at 1.0135, profit is 111 pips.

Original trade:

Buy USDCAD at 1.0024

Stop level at 0.9930

Target level at 1.0200

Reason: