Here we have an entry supported by the individual markets as well as the pairing in the Forex market.
If you recall,( linked below) I have moment down on the Dow (USD) and moment up on the ASX200 (AUD) . these combined moments plus this cypher pattern suggest that this trade will be more than successful, making us 291 pips for take profit one and 700 pips for...
VIDEO: www.youtube.com
One of the traders following my videos has requested I
post my DXY chart as a published idea on Trading View.
Here's the chart as per requested.
Star Prosper
Philip Stewart
USDCAd downward pressure can see the retrace back to the descinding trend line also in cofluence with 200ma and 61.8 fib resistance forming shoting star candle formation, a break of the ascending trend line and failed MA upside crossover will lead to a short entry with TP at highlighted zone
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...
Here we have a very solid Gartley pattern form,ed and completed in both the negative deviation of the last 100 and 200 moves. Like with all harmonic patterns i have placed my entry and stops as follows :
Limit: 1.618 extension of BC , which meets at where both the 200 move regression and the 100 move positive deviation cross
Entry at point B
Stop at point...
Here we see a butterfly pattern on the Nzd/ USD charts. the pattern has completed in the negative deviation of the last 100 moves. According to my strategy, if a bullish harmonic completes in the negative deviation area, it is likely that the market will rally back up into the positive deviation. The only thing to worry about here, is that over the last 200 moves,...
Here we see a Bearish Gartley pattern completed on the Usd Jpy chart.
As all of my trades , you will notice that the pattern has completed suggesting a reversal, in the Positive deviation range, which means that we can assume that the market is going to reverse back down into negative deviation. Some people would consider this price action or channel trading , I...
Here we see a completed cypher pattern in the downward rally to the 1.618 extension of the BC leg. please excuse the fast post, just want to get this up for you all to see.
Limit: .76076
Entry: .76479
Stop: .76772
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Good trading ! Thank you !
The pair fell to 1.46569 Level.
Some participants missed the move and would like to have a peace of a pie.
Basically one of the entries can be the breakout of the current local low, but, there is possibility that the upcoming US news will define a current low as a low for today.
I suggest to wait till the pair will move towards 50% - 61.8% Area to sell. but...
Put the fib at the real breakout level (cause that's where the rally started then) and you get an OTE at 252. that makes good sense in combination with the price action we are seing now ... long wicks down to the ote (typical ote buying) !
Hi Yen Risk Takers,
This idea is similar on the USDJPY bullish idea I wrote a few days back, but with a different approach in terms of entry level. Usually the entry levels that I wrote are designed on a simple breakout basis.
In here I will described another slightly more advanced method for entry.
By all means, advanced entry may not necessary mean that the...
Canada has pulled almost all of the way back into it's most recent swing. The is the place where the big boys like to play. First we need to be patient and wait to see how price unfolds before just jumping into the water with a major news event looming on the horizon.
To get long, I'd like to see one of two things happen: price suddenly spikes lower, washing...
I see a decent opportunity to buy coming in the next month at the 420-450 area.
The lower 400s have shown strength in the past and could provide a nice baseline for a potential strong year end.
This is a pennant long that came up on our scan last week when it was only a flag pole. It has been on my watch list since then and I am now fairly confident in the risk/reward to publish. I am using both an aggressive target and aggressive entry. In order to do so I have increased my risk exposure. Not for the faint of heart.
Entry: 2.98
Stop: 2.70-9.3%
Target:...
This came up on our Smart Money Scanner yesterday. Double bottom extremes trade. This is looking like a tight trade. Good risk/reward combined with good potential for a second target.
Entry: 9.66
Stop: 9.53-1.3%
Target: 9.99-3%
Risk/Reward: 1/3
