This trading idea maybe not practical on a small timeframe because of the spread can easily trigger SL or open order. I only risk 1% from my account on every trade. Say, 1% is 100USD (10000USD balance). I divide the 1% into several small parts, say 8 part (100USD/8=12.5USD). Now I can open 8 layered limit order with good risk:reward ratio with the risk of 12.5USD...
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...
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...
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 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 Thanks for checking us out, like follow and comment Good trading ! Thank you !
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 plain old bearish bat pattern on the euro yen charts. It is likely that the market will quickly rally down to the 1.618 extension of the BC leg, i have it forecast at 1.5 hours. I placed my stop at the point X My entry at point B And my limit at the 1.618 extension of the BC leg Thanks for checking in, come back and see if it completes. As...
EURUSD, in H4 timeframe, did a new low after double tops structure. Bullish pressure seems to be trying to pull it back and a good level to place a Short is in 1.1345, where there's resistance by structure and by Fibonacci Retracement.
Here i see a Cypher Pattern on the NZD/JPY chart. And what i noticed, if you zoom out; on the daily chart there appears to be a crab pattern that has rallied as if it going to complete as suggested, but this Cypher pattern has me thinking that the market will more likely continue in downtrend and break the structure of the crab pattern therefore ruining that...
Looking for the GBPNZD, the situation is very similar to GBPAUD. A great pattern is getting formed and it's possible to see a great spot to get LONG. Trend is up and there are good odds having long in this strategical spot, as well a good risk/reward.
This is a WEEKLY chart of FB. You may need to look at the daily chart to see some of the things I am talking about. If you are a bear, you probably pondered this question all weekend. Last week was not such a great week for Facebook. And Friday was not a good day for Facebook. You had to be wondering if there would be continuation to the downside as this week...
Will NAS100 take out the highs of year 2000? All other indices did this in Europe
Buy limit @1.2160 Good fibonacci confluence of 0.786XA, 1.27BC and AB= CD pattern completion.