RichScott

RichScott

Buy alert has presented for GBPCAD This is the two hour time frame you are seeing. Alert has presented. Printed trade labels show all the trade details and I'm aiming for the TP3 value. Green line is my TP target and Red line my SL point. RSI is also seen on idea. This paor isn't over bought yet so room to stretch legs to the TP target. Entry...

RichScott Updated 

I am using POW EDGE strategy on this trading idea. I have an AUDUSD trade open on the M30 chart. Trade details are on the chart. I am aiming for TP3 on the printed label. Trade has progressed well but has hit some resistance that I have also highlighted on the chart. If resistance is broken I can see my TP target which is in green being reached. My...

RichScott Updated 

Using POW reversal strategy on this trading idea. Working AUDNZD on the 30M Strategy is set to work my chosen session times hence red shading showing when I don't trade. Chart shows a label which details all trade rules for the current live trade. That trade is another short trade like the previous trade which can be seen on chart. Blue lines show TP...

RichScott

Afternoon traders. A solid week for the pair in question, CADJPY working the 30M time frame. The last four trades out of five have hit the desired profit target. This just shows the adaptability of the script in use and also shows that even trading a 1:1 risk reward ratio is possible. How do I know its possible to trade this way? By the built in strategy...

RichScott Updated 

Afternoon traders. UK dinner time New York getting well under way also and our strategy has presented a trade. Working one of my preferred pairs here EURCAD on the 30M time frame. The strategy is working to a 1:2.8 risk reward ratio and as always back test data is at the foot of the idea. The data shown is based on £10000 starting capital and risking 1% per...

RichScott

Hello traders Quick dinner time idea for today. Our strategy says it's time for a short on GBPJPY Working the H1 chart here with a risk reward ratio that is just shy of 1:2.5 Have a look and lets see where this trade goes. I never recommend jumping on random trades as it's not a consistency trading structure to implement. Any questions on the strategy in...

RichScott

Evening traders. Late trade here but then again the forex is a 24/5 market. Our strategy doesn't sleep either and it says a long trade is valid on EURNZD. Working the 30M time frame here to a risk reward ratio of just over 1:2. I don't have to sit at my screen constantly with this strategy as alerts can be set for when trades present. Or if you want the...

RichScott

Morning traders. Bank holiday I know but I like this pair so thought heck why not. The pair in question is EURCAD working the 30M time frame and our strategy says it's time for a short. The trade is just shy of 1:3 risk reward trade and is well under way. As with all my idea strategy test data can be found at the bottom of the screen. The data shown is for year...

RichScott Updated 

Hello traders Monday again and our strategy has already picked a trade on the pair covered in my idea last night. The pair in question is EURCAD working the 30M time frame. This short trade is well underway and at the bottom of this idea are the year to date stats on trading this pair in the manner I do. The strategy in play is adaptable to any instrument...

RichScott Updated 

Afternoon traders. It's been to long between ideas my apologies for this. Here we have a valid long trade on GBPJPY. After last weeks successful 100 pip sell trade our strategy now says it's time for a buy. Truth behind no ideas recently is I'm not on the charts everyday! Crazy yes but no need when our strategy can be automated. I simply set the strategy...

RichScott

Hello traders A lot of my ideas of late have been Forex based so time to show how one stock I followed performed for me in February. The stock in question is Roku and I'm working the one hour time frame here. Only two trades last month a long and short. Both trades were a 1:4 risk to reward ratio. Once the trade has played out I simply wait for the next...

RichScott

Hello traders Hope the weekend has helped you all recover from that crazy month end. Quick share from me on a pair that has been super solid this year and was the calm in the last few days of the massive market moves. The pair in question is EURCAD the idea I'm sharing is on the 30M time frame. Thanks to our strategies built in back tester I'm able to share...

RichScott Updated 

Afternoon traders Are we finally seeing some NZD weakness? Our algo thinks so and had presented a long trade on the EURNZD pair. I entered this a few hours ago and looks like it's starting to gain some traction. The trade in question is on the 30M chart and has a risk reward ratio of just over 1:2 As with all my ideas the back test results can be found at...

RichScott Updated 

Hello traders Some big moves in the markets today. NZD is proving strong and our strategy has presented a short trade on EURNZD pair. Working the 30M time frame here to a 1:2 risk reward ratio. As with all my ideas the back test results can be found at the foot of the idea for trading the pair in this manner. Test results are from January 2020 to today,...

RichScott Updated 

Morning traders Our strategy originally presented a sell on the pair in question at 6am UK time. However as the market shifted a valid buy trade is now live and trending in correct direction. We are working the H1 time frame here to a RR ratio of 1:2.5 I know from the built in strategy tester this pair was profitable all last year trading with a ATR based...

RichScott

Hello traders Before I log of for the day I just thought this would be a good opportunity to show how I've traded this pair over last 5 days. Crucial bit here however is I haven't carried out a single minute analysing the chart for this pair in any form over those 5 days!! Our strategy has simply allowed me this luxury of not having to analyse and judge where...

RichScott

Morning traders After a long trade from Friday completed on this pair yesterday and now out strategy says it's time for a short trade. That's how simple this strategy is. We simple follow and trade what we see. Strategy is set here working the 30M time to a 1:2.5 risk reward ratio. How do I have complete confidence in the way I trade this pair? The strategy...

RichScott

Morning traders After a winning long trade on Friday our strategy says a short trade is now valid on USDCHF. We are working the 30M time frame here with the strategy set to a 1:3.5 RR ratio. Now I don't recommend jumping on random TradingView ideas as that is no way of knowing if you are trading with a proven EDGE. How do we know we have a proven trading...