If the pricing is approaching much more the 2.000 on this pair, what could happen ? We don't know but here's my analysis of the last time we channeled around that price in October 2007 to end of December 2008. An almost complete year of constant Daily battle. The more i'm looking at it, the more I see it like a space movie where a ennemy is approaching the...
To follow up on last week's EURUSD idea, the pair has finally reached higher level of structure that I liked during yesterday's Euro rally. We've now double topped at that level and have broken structure to the downside setting up for a potential 2618 opportunity for those traders looking for a conservative approach to get involved. We do have A LOT of news on...
Sorry for being quiet this week trading view but I've been running things on the road. Also the markets have been pretty quiet this week so there just hasn't been a lot to share. Today seems to be a little bit better and I wanted to bring a potential buying opportunity on AUDUSD to your attention. I'm already long this pair from earlier in the week. My position...
Bullish bat Pattern with the trend on GBPJPY
This trade was originally brought to our attention this weekend in Jason Stapleton's Forex Market Preview video "Studying Harmonics" ( www.youtube.com ) As I take a look at it today price action (after creating a LLLC) has retested the previous level of support which should now act as resistance. In addition to the structure level we also have a Fibonacci ratio...
Following the rules of Jason Stapleton's (@Jason_Stapleton) 2618 strategy there is nice opportunity to short DAX. Specially that it nicely fits to the idea published yesterday (see below).
Going to dig deeper into this during Thursday's Weekend Review video (www.youtube.com) but was checking out Apple last night on both the technical and fundamental sides and found reasons for entry whether you're a Bull or a Bear. The weekly has completed a bearish bat right near our high's, but this one right here is a Cypher pattern for the bulls looking to join...
We took a look at a few potential setups on the the Euro last month only to have the market reverse direction on us. Well now we're back and our original setup has brought a few friends along as well.
CTS system traders. It's time to forget about the abundance of patterns setting up on Gold and look at a pure structure based play
We talk a lot about bracketing orders, well we've got our work cut out for us this morning on gbpaud. 3 Gartley's and a cypher. I always say that I can't control the markets. All I can do is control where my orders go. In this case I don't care where it goes, because I'm ready for anything.