The Yen pairs have been so good to me this week, so far i've booked in 134 pips on NZDJPY(Bullish Cypher) and USDJPY (Bullish Gartley) (Still waiting for second target) and now we have another bullish cypher set-up on CADJPY. This is not a big trade in terms of the amount of pips i stand to gain/lose (35/22) but still, it is a trading opportunity according to my...
Following my post from yesterday on this pair, I mentioned how the market might provide us with a chance to get long but due to a relatively quiet day today we didn't quite get the press back down to the best area to get long on this pair, however, the market is stuck in a descending channel following the strong bullish move we had yesterday and the good news is,...
Following my post from yesterday, the market has now come back a little little deeper than where i said it would but it's still a valid long trade in terms of the structure trade i posted yesterday and if you're a pattern trader instead, the market has given you another alternative by forming another gartley pattern which has just completed. I'm still gonna be...
I ony posted this trade set-up this morning and both our targets have now been hit giving us a total profit of 31 pips. For those that took the structure trade i post yesterday on this pair also, we are still waiting for out target to be hit and I'm also waiting to close my 2nd position on this pair after the bullish gartley trade i took on this pair a couple days...
Following my post from yesterday on the structure trade set up on this pair, the market has now reached our target giving us a total profit of 56 pips. The gartley trade we took on this pair early today has also given us a profit of 31 pips on our 2 targets. That's me done for the week. I do have a few position open still. www.tradewithme.co.uk
It seems that the pair might be going for a bullish double wave cycle on the daily chart and we also have bullish convergence as confirmation. So two waves correction near the trend line would be a nice buy entry zone. Target 1: 0.6750 Target 2: 0.6850 Stop Loss: Break and close below 0.6400
Following my post on this pair early last week, the market didn't do what I expected it to do on this occasion but hey losing is part of the game & besides based on the results my back-testing on this pattern I know it only has a 60% winning ratio so that's 2 winners from last week and a loser on this pair.
Target 1: 1.0800 Target 2: 1.0950 Stop Loss: Break and close below 1.0500 or the last low created before the wedge pattern is broken
I did not get filled on this position, the market came within 2 pips of my order but i never got filled. So for those of you who might have been waiting to take this trade, i don't know whether you got filled or not but the market has come back to where our initial target would have been so for that reason i'm closing my order on this trade. If you did, however,...
If the price creates another low on the H4 chart along with bullish divergence we can go for a buy. Target 1: 0.6540 Target 2: 0.6650 Stop Loss: Break and close below the trend line and support area on the daily chart.
We have 2 scenarios to join this pair. Scenario 1 - go with the break of the trend line Target 1: 0.7180 Target 2: 0.7230 Stop Loss: Exit if price closes below 0.7100 Scenario 2 - after the double wave duplication completes look to buy from the 0.7080-70 zone Target 1: 0.7140 Target 2: 0.7180 Stop Loss: Close below 0.7070
After a slow week another setup 1.Break of long term trend line 2.Break of strong RES level. 3.Numerous tests to try break back through trend line to down side but previous RES acting as support now 4.Bullish engulfing taking out the past 20 hours of price action
H4– We can enter a buy trade in the AUDUSD if it breaks the highlighted triangle pattern and settles above it as highlighted in the chart attached Target 1: 0.742 Target 2: 0.7450 Stop Loss: Break and close below the triangle support trend line
Double wave down near the broken trend line would offer a great buy opportunity aiming 1.3630 zone Target 1: 1.3420 Target 2: 1.3500 Stop Loss: Break and close below 1.3230
After the 2 waves down we can expect the pair to rally a bit further, then wait for double wave correction down and look for buy opportunities Target 1: 0.7300 Target 2: 0.7340 Stop Loss: Break and close below the 0.7180 area
Trading Idea: Pair has almost completed a double wave down on the daily chart and it is approaching a key support zone near 1.52. I believe we should soon see a reversal from this zone Ideally we want to see a false break of the trend line and then go long. Target 1: 1.5350 Target 2: 1.5460 Stop Loss: Below the last low created before entering into a trade.
ETSY looking good for a move higher towards $24-25. Follow through next week willbe key for this pattern to play out
Here we got a possible breakout, or abcd at fib 0,382.. Follow the EURUSD to see witch opportunity we got. Buy or sell. :) Here is my idea: