POTENTIAL BEARISH BAT PATTERN ON NZDUSD Keep It simple set and forget and let the market do its thing. I'll be placing my order on this pair. Good luck :)
Hi there, There is a clear 2618 selling opportunity setting up here on EURJPY on the H1 timeframe. If you are not familiar with this strategy, the 2618 trade is a countertrend strategy. Jason Stapleton introduced me to this specific strategy in his free training. Only take trades that are in your PREDETERMINED plan. If you don't have a plan, please get one before...
macro money margin market models momentum net offer ofset open order options paid pair patient pips portfolio profit pullback put quoStill waitingte rally range rate realmoney retail risk sector sell settlement short slippage spot stoploss swap swiss takeprofit technical trade trading trader traderslife trend unemployment value volatility wedge work
My oh my, what do we have here? Rsi divergence with a candle stick that suggest bullish bias/reversal? hmm... Pips to be stolen here :)
Bonjour, do you guys remember this chart? Well, today our "VIP" members took profits on their second position ... 785 pips right before new years is not to shabby. The question now is ... will this pair bounce to the upside or will it continue its move down? That's what we'll talk about later today in the trading room. Why don't you join us?? À...
First Thing that I always do is to find the map and see where is the price and where it wants to go. I have seen a bearish Elliott Wave with possibility of correction wave to a little above wave 4 which I named it as Point E right on R5 Trend. (Based on Elliot Wave Principle). And Also I see a Double Bottom Pattern that gives more significant to reach point E....
I had a request from a friend to analyze USD/TRY: On daily perspective I saw a nice classical Elliot Wave with double zigzag till point E correction waves. Before starting the analyze I want you to eliminate the harmonic pattern that I draw there; First we start with trends and the potential of opening trade. PA (Price Action) creates trend and trends give us...
Google had an interesting triangle break out. Price is on Minor Orbit. Unfortunately I could not find any orbit above. But based on old candle chart we can expect a drop in future. There is a rule in trend price action; any jump from each trend has a reverse to its own trend until it breaks out the trend. Trend R 1 is already broke out. Trend S1 is still valid...
As slowly we go on I bring up more technics on my perspective. I had an email from a friend he required me to explain more about orbit and its functions. Well, to be honest drawing orbits beside trend lines is my personal secret and idea. What are orbits and how we can use them in our perspective in order to reduce risk: I believe that price are turning around...
I will never recommend any one to sell in an upward trend. I personally would wait for price to come back in bottom trend line and Buy again if it does not break out. Patient is the key of success.
We always keep ourselves into triangle position and open your position only right on the trend as you see. Each jump on trend has a reverse to its own trend till it breaks out. At this point in the end of triangle you should stay on your last buy position and wait for the break out to reach future expected price. Remember you will never start your deal in the...
Hi all, This is an update to the Short OGE Trading Plan, which is about Trading a Double Top Pullback. Update as of 29 June 2015: Market has plunged sharply down from $31.20 in the last update to as low as 28.65 on 25 June, and currently hovering at $28.80s. At this point, the bears have used up much bearish momentum pushing the price to $28.65 and we are...
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 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...