A solid Gartley pattern to be completed with a lucky drop in value by the euro hopefully early this week. I have my entry placed on the point D , my stop placed at structure just below point X , in case the market decides to retest X . and Finally i have my limit placed at the 1.618 extension of the BC leg.
Here i have identified a new pattern to me, these are called wolfe waves, they are rather simple to understand , and supposedly more accurate than elliot waves. so i tested one yesterday on the Aud/Usd charts, and sure enough i made a serious return , so now we will publish one , and it will probably fail just my luck. So i have placed my entry right around...
I see a bearish deviation here - both in the MACD, CMF and RSI... what do you think? are we on our way to the end of the current uptrend?
So in order to protect yourself from major losses when trading in Forex, often times you might want to hedge your trade by placing the opposite order for a similar pair. This is an example of such situation , we have a perfect wave set up over on the Eur/Jpy charts that we entered earlier today. While that trade is still open , sometimes i get nervous about...
Hello Everyone , today i have found a small bat pattern on the 15 nzd/usd charts. I originally found this pattern on a 3 min chart, but since i don't trade that low of a time frame, i backed out and found it still valid on the 15 min charts. I have my order as follows: Limit at point C Entry at point D Stop at point X I believe if i stay within the structure...
So the deal here is DO NOT TRADE THIS WITH ME. I have never traded a deep crab pattern , therefore i don't know how it is going to work and i have no basis to share with you, but this is a learning experience for all of us. I have placed my entry at some structure down near point D , it seems like pretty secure resistance, so i decided to mark that (in green) as...
Here we have a completed Gartley pattern in the positive deviation area of the last 100 and 200 moves. According to my strategy , this market is likely to reverse down into the negative regression. As of right now, the market is retesting the high at point D and we should see a trade completion in the next couple of hours. Anyone that has been following my trades...
Here we have a developing cypher pattern on the Swiss verses the US dollar. This pattern agrees with my strategy where the bearish pattern completed in the positive deviation area of both the last 100 and 200 moves. this pattern is likely to rally down into the negative deviation , but i have placed my limit at the .618 extension of the BC leg, because i had a...
Limit: 1.6518 extension of BC leg Entry: point B Stop: Point X Thanks for stopping in, im trying to keep it short for you guys , for more information or how i got to this conclusion , message me or comment on the post. Please like comment and follow me for updates and more trades, As always Good Trading Everyone.
here we have a fairly solid cypher pattern about to complete. it follows my strategy )(bullish patterns point D is in the negative deviation area) therefore i believe this will be a solid pattern. Instead of waisting your time with all the information , i'll keep it short for a 1 hour trade and under Limit: 1.618 extension of the BC leg Entry : point D Stop:...
Here we have a series of patterns i' m currently trading, the first was a bearish Gartley pattern, which has yet to be stopped out nor has it hit a limit . The second is a bullish Cypher pattern , which has reached its limit and completed for a gain of $4.50. And the last pattern in progress is the butterfly pattern which still has a shorting opportunity. If...
Here I have a bat pattern on the Aud USD 15 min chart, like all my trades, this pattern has completed in the negative deviation area of the last 100 and 200 moves, therefore it is likely that it will return to the positive deviation area before continuing in trend. Like all harmonics i trade, i have my entry placed at point B my stop placed at point X and my...
This trade is to hedge for my previous Aud NZD trade. I believe that if this trade completes, then it is likely that the market will rally from point D to the 1.618 extension of the BC leg; Because the pattern has completed in the negative deviation of both the last 100 and 200 moves. Now in order for the market to remain bullish , it will have to cross back above...
Here I found a bat pattern developed and completed in the negative deviation range of the AUD NZD chart. my strategy suggests that the market will rally up into positive deviation before correcting for trend continuation. I have place my entry at point B to Verify reversal after point D I have placed my Stop at point X for the break below close below bust !...
Here we see a cypher pattern on the Usd/Cad chart, it is likely that the market will reverse from point D and rally to point A because the pattern has completed in the negative deviation of both the last 100 and 200 moves. I have placed my entry at point B to verify the reversal , I have my stop placed at Point X , because a break in structure to the down side...
This is my trade hedging for the NZD/ USD trade, although this trade appears to be a bit stronger, being that the butterfly pattern completed in both negative deviations. So if this market respects the pattern , we should see a rally to the 1.618 extension of the BC leg. Limit is the 1.618 extension of BC Entry is the Point B of the butterfly pattern Stop is at...
Here we see a Cypher pattern on the New Zealand,/ US charts,. This Cypher pattern is supported by a linear regression of the last moves with a standard deviation of 2 &-2 and the source set on High. The market has completed the Cypher pattern and continued into some consolidation, which tends to be fairly normal. The expectation is that the market will rally out...
Here we see a Cypher pattern on the AUD?JPY charts, supported by a bearish trend suggesting that the market will continue down. I believe that the marker will reverse at the standard deviation and rally to the 1.618 extension of the BC leg. My entry, as always, at point B , my limit is at the 1.618 extension and my stop is at the highest high or point X of the...