VIDEO: www.youtube.com Setting up for a nice potential bat pattern on the EUR/NZD 1 hour time frame. Please refer to video above. Star Prosper Philip Stewart
VIDEO: www.youtube.com Hello traders, this is a short video today, due to a serious episode of Acid Reflux and just recently got out of hospital. Let's take a look at some pairs together and the DXY in the video above. Star Prosper Philip Stewart
VIDEO: www.youtube.com Traders, looking at the last trade for the night here in AUS. I have market orders set for this potential bearish cypher, currently waiting for the D leg completion and stops / targets are in place. Plan your trade and trade your plan Star Prosper Philip Stewart
VIDEO: www.youtube.com Good morning traders, Philip Stewart here. Today we're looking at some structures and patterns, as well as the AUS RBA opportunities that were presented to us. Please watch the video above for more details about what we're looking at in our trading today. Star Prosper Philip Stewart
Good morning traders, Today I'm looking at the GBP/JPY on the 4 hour time frame and have analysed a nice opportunity to short the market. We have 2 Fib extensions at previous structure levels, giving us a nice PRZ. My targets are at the next 127% at previous resistance becomes new support. Stops and Targets are in place, let's keep an eye on this trade...
Good morning traders, I'm looking for a short here on the EUR/USD 1 hour chart. We have turned around at the 127% extension with previous structure and created a nice PRZ. Waited for the market to pull back into a tweezer formation and shorted the market in a potential move to previous resistance becomes new support. Star Prosper Philip Stewart
TARGETS HIT: Good morning traders, We have a simple potential bat pattern that we might be able to trade up on EUR/CAD. Stops and Targets are placed along with our Market Order for the pattern. Star Prosper Philip Stewart
VIDEO: www.youtube.com Hello and good morning traders, just got involved with a bearish bat pattern on the EUR/JPY Have identified confluence, sell zone, stops and targets. Please trade at your own risk. Plan your trade and trade your plan. Star Prosper Philip Stewart
VIDEO: www.youtube.com Looking at the bullish bat pattern today on the EUR/NZD I've release another video this morning that explains this trade process and other potential trades this week. Please enjoy, Star Prosper Philip Stewart
www.youtube.com Please check out the video above explaining the trade. Star Prosper Philip Stewart
We are in a consolidation phase. Let the market decide which way to go and buy/sell the breakout. Possible targets are on the chart. Atleast 33% profit within a month after breakout should be possible. Are you ready ? : ]
Here are my short targets after intensive analysis. Take 50%profit around wegde target (226.27) and 50% around ab=cd of bodies target (215.57). Furthermore buy around 216 with stop loss under 207.7. This will allow you a maximum leverage of 20x with the margin call beign your stop. Cheers :]
We have what looks like a perfect inverse H&S forming, but the price looks weak on the right shoulder. Breaking $220 and invalidating this H&S is a very bearish signal, opening up to further downside targets, the first of which is at the recent low with even lower targets still possible. In the event that we break the neckline at $245, we can then consider...
It seems like we are likely to form a pennant here. Give it some time before it breaks out / down. Keep an eye on volume for confirmation. Meanwhile if you are not patient enough you can try to catch the local tops & bottoms in the pennant, but only in the early stage. Once it gets squeezed further it just becomes unprofitable. Other annotations on the chart. Cheerz : ]
We're sitting atop the local higher low here. As soon as we establish a lower low, the targets below are where I would expect it to reach. There is strong support around $200, so if it is going to turn around, I would expect it to turn around there. Overall, I'm still pretty bullish, but we can't know for sure until we reach one of these targets and see what...
We might be cought in sideways within the red channel for another 20 days. I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago. The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ). The question is what will happen after the yellow box? The red box...
Wait for a voluminous breach of the purple triangle, and place shorts/longs in the same direction. I provided a couple targets for both directions. Small green arrows are 1.618 extensions of the big green arrows. They nicely land into existing key support/resistance levels. I prefer the upside as it would be a good point (in the context of the 2. auction) to...