After tailing off for 2015, United is not facing a major trendline as well as a key Fibonacci ratio. If United breaks out, look for it to break out from this regression channel. If we break the trend, we have plenty of support below.
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...
With all the talk about the euro losing value, And all the evidence about the Yen Gaining value, i thought it was about time i made some money off of it. The problem i was having was where to enter, until now :) So i have identified a completed wave series on the 60 min chart which suggest the market is to reverse and head down , just as the news suggested. I...
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...
Here i have drawn for you a complete wave series and a corrective series that should end in a bat pattern formation followed by a reversal. There are several ways to approach this trade, and since the markets aren't moving on the weekend, i will go ahead and approach all the ways I know. First we have the trade the wave strategy, in which I would buy at the...
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...
Here we have an Elliot Wave formation on the GBP/USD charts. This particular formation consists of three waves followed by a corrective wave series. I have my order in still from the previous wave set , but it is near the end of its cycle( the previous cycle was on hourly charts. ) I have my entry at point E of the wave series, i have my stop places at previous...
Okay so i have to get going now, but i wanted to get this published for you guys, have a look , tell me what you think and I'll come back a little later and explain in the comments. Thanks for checking this out ! follow me for more awesome trades, like and comment if you agree or disagree, and as always Good Trading!
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...
After getting stopped out on a weak gartley pattern , I decided to give it one more try with a butterfly pattern that is a bit more solid. I have my buy in at the current market price of .0157000 and OI have my stop just below point X. My limit is placed at the 1.618 extension of the BC leg giving me a roughly 2:1 risk reward ratio. I also have a linear regression...
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...
My titles can be fancy as you can tell. And on a more serious note, check out this trade. We have a clear as day Cypher pattern completed , I picked up a nice 25% gain on that swing , then we see a fairly solid Gartley pattern complete right after (both Bearish) Like all gartley patterns, i am trading it to the 1.618 extension of the BC leg. I too the profit...
Here we have a butterfly pattern followed by a gartley pattern completed in the negative regression of the last 100 and 200 moves of the Eur Jpy charts. I predict that this market will make a minor rally to the 1.618 extension of the Butterfly pattern before a correction into bearish trend. I have placed entries at point B on the butterfly , and point D on the...
Here we have a cypher pattern completed on theAud usd charts, the pattern has completed as bearish in the positive deviation , which means that it is likely to cross back below the linear regression line. Also we have the support of the wedge formation putting our stop right on the bottom wedge line. I havve placed my entry at D, my stop at the previous structure...