LONG TRADE : Entry : BUY @ 1.3340 Target : 1.4000 = 660 PIPS Stop : 1.3200 = 140 PIPS Risk Level : LOW RR ratio : 1:4
Here we got a Bat pattern setup at the same support structure area, that made a T1 and T2 target hit today on the very same pattern. Try look how it came in an reversed immedially without any pain and just went stright to cash us out 2 times at 3,2 % on equity on that setup, So lets see if we can get some double action tomorrow morning at the London open, Look for...
Its not been to too much sharing lately, cause i have been very busy but i got a little sunday setup here you guys can look out for when the market opens. Its a Cypher pattern with higher timeframe trend, its at horizontal support so it gives us some good confluence. We just need that RSI to head south to get oversold and we got a pretty good setup. The R:R is...
Here we got two patterns, first a Bat pattern that comes in first with the 4hr trend to continue up if we get a small retracement, if that goes more south we should be able to catch price down at the Cypher pattern entry at strong support to get a continuation that way. In every case we like to see a overbought RSI and i would take both trades. The R:R on the bat...
Here we got another Cypher pattern completion about to go down. We had another winner a few days ago, so lets see if this pair will behave nice again today. The intra day trend is going in to bearish terms so it could be a good little trade to catch on a retracement. Look for an overbought RSI as always to add confluence. Stops would have been better of to be put...
Here we got a potential Cypher patter completion at a long term bull trend, the trend seems to be pulling back and make lower lows beaking structure but now it looks like its gaining strenght again, so lets see if we can catch a good entry on a pullback to enter a trend continuation trade. We only got one target here as the trend direction is kind of unknown at...
Here we got a little setup for next week to watch out for, its the infamous Bat pattern after we got a double top at resistance we are now forming the Bat pattern. If price retrace up to resistanceand we see an overbought RSI, we go short with stop above resistance with a very fair R:R for this kind of trade. Take care in the markets in the coming week, the...
GBPUSD have been in a sideways channel for a little while now, price is bouncing round the range low right now, and we just got an very early stage to a Bat formation, so if price retraces back to the range support we got a good entry with a very good R:R and a protective stop on the other side of the support. So if we get stopped out on this one we know we...
Here we got the infamous Bat pattern that gives us that good R:R we loves so much to get the week started. The setup appeared after we got a good cluster of double / triple bottoms to make a "floor" or a support area where we can put our stop behind to give os some protection. Bear in mind this is a very counter trend trade, but its also a high reward one! On...
Here we got another one of the infamous Cypher harmonic patterns at a strong resistance area, we hope to hop on a short trade on a retracement to our entry level. Stops should be at a good area, if we get stopped out we are defenetly wrong cause it will break the multiple resistance. Watch for overbough RSI condition and close half position at target one. I have...
Earlier today i shared a Cypher pattern that i got a pending order at, but now il looks like we formed a bearish bat pattern also with the 4hr trend, so if price retrace all the way up there, we got a really nice R:R trade waiting for us with the intra day trend. Look for RSI to go near oversold condition! Kind regards Thomas Jeff
I´m sorry have not been posting for most of the week, i´ve been busy and 3 of the trades i had on went on to be a loss, it was among them the aussie that took us out, but as we know its not about the individual trades its the month or quarter or year or what ever you are counting on. I counth months, and this month we are still far a head even we are down to 55%...
Here we got yet another Cypher pattern about to complete that hopefully if RSI reach some more oversold condition can take us into the short term swift in trend, or just let us take a small profit on a retracement of the longer bullish trend. I´m sorry for the many of you that have been writing me that i don´t post so many trades at the moment, i´m just very...
If you´ve been following me the euro have been very good to us this past weeks with 3 winning trades and 1 loss. For monday i´ve got a Bullish Cypher pattern if price heads south to but it up at strong Support. If price heads north we are gonna sell it at the blue Bat pattern at a lesser, but still good reistance area, but compared to the Cypher this pattern got...
Here we got yet another Cypher pattern forming on the Euro while its retracing for our bigger pattern for a potential trade continuation trade, so on a retracement we could hit our entry and make a little profit while we wait for the bigger pattern. Wait for RSI to go oversold condition and then we may have a good counter trend trade. Kind regards Thomas Voss
Here we got another one of the infamous Cypher patterns making up for an chance to hop on the trend. watch price action and wait for RSI to go near the overbought territory before entry. The trend is running into strong support down below our pattern so a small retracement to our profit target should be possible even if the trend change to the upside. Kind...
Here we got a little different situation than normal, we got a small Cypher patter about to complete, but its not at a very good level cause the very strong resistance is at the area where the bigger red Cypher got its potential reversal zone "PRZ" So we got 2 options, take both patterns and if price retrace further up against the resistance and the first small...
Here we got a with trend Cypher pattern with trend, with the RSI getting to oversold territory! The only problem is that prise just went above and closed above a major support line. So watch out for this one during the day! Kind regards Thomas Jeff