Good morning guys and girls, I hope that you had a great weekend. I've got quite a lot to get through this morning. So I was tagged out of my EUR/CAD trade on Friday for a nice little profit of +1.94%. As price broke below our daily double bottom area I was keen to start locking in profit even more aggressively just above it and when price printed a one hour...
Good morning guys and girls, I hope you're well. Before I explain what I'll be looking for today let me just say before I forget that I made a slight mistake with my forecasting yesterday morning. By that I mean that what I said I'd be looking for from each pair beside the bullet points which I list beneath each currency pair subheading in my forecast...
Good morning guys and girls, I hope you're well. Before I explain what I'll be looking for today let me just say before I forget that I made a slight mistake with my forecasting yesterday morning. By that I mean that what I said I'd be looking for from each pair beside the bullet points which I list beneath each currency pair subheading in my forecast...
Good morning guys and girls, I hope you're well. Before I explain what I'll be looking for today let me just say before I forget that I made a slight mistake with my forecasting yesterday morning. By that I mean that what I said I'd be looking for from each pair beside the bullet points which I list beneath each currency pair subheading in my forecast...
Good morning guys and girls, I hope you're well. Before I explain what I'll be looking for today let me just say before I forget that I made a slight mistake with my forecasting yesterday morning. By that I mean that what I said I'd be looking for from each pair beside the bullet points which I list beneath each currency pair subheading in my forecast...
Hi guys and girls, Just three pairs on watch for me today. I was triggered into what I forecasted last night on EUR/CAD at just shy of 2:00 BST after I'd placed my order and gone to bed, after a three touch structure break above a daily double top, a retracement back below, a so-called retest back above it and another retracement back below it which has left as...
Hi guys and girls, Just three pairs on watch for me today. I was triggered into what I forecasted last night on EUR/CAD at just shy of 2:00 BST after I'd placed my order and gone to bed, after a three touch structure break above a daily double top, a retracement back below, a so-called retest back above it and another retracement back below it which has left as...
Hi guys and girls, Just three pairs on watch for me today. As you can see I was triggered into what I forecasted last night at just shy of 2:00 BST after I'd placed my order and gone to bed, after a three touch structure break above a daily double top, a retracement back below, a so-called retest back above it and another retracement back below it which has left...
Hi guys and girls. So I got involved in a long trade last night on CAD/JPY at just after 7:00 PM BST on the break of a tight fifteen minute flag which I posted a screenshot of just a moment ago, but I was then once again wicked out almost to the tick (never mind the pip) as the Asian Session opened. Unfortunately market manipulation as I've touched on before has...
Hi guys and girls. So I got involved in a long trade last night on CAD/JPY at just after 7:00 PM BST on the break of a tight fifteen minute flag which I posted a screenshot of just a moment ago, but I was then once again wicked out almost to the tick (never mind the pip) as the Asian Session opened. Unfortunately market manipulation as I've touched on before has...
Hi guys and girls. Here's a quick trade recap from me before I post screenshots of the entries that I'll be looking for today... I got involved in a long trade last night on CAD/JPY at just after 7:00 PM BST on the break of this tight fifteen minute flag, but I was then once again wicked out almost to the tick (never mind the pip) as the Asian Session opened....
CAD/JPY: • If price pushes down to and ideally just below our rayline, then I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If...
CAD/JPY: • If price pushes down to and ideally just below the lower descending trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back up followed by a tight flag and then I'll be looking to get long with a reduced risk entry on the break of the flag. • If price only pushes down to and...
NZD/USD: • If price pushes down to and ideally just below our rayline and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour rejection from it. • If price simply impulses up above the upper descending trend line of our most recent piece of structure, it does so in...
USD/SGD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets...
CHF/JPY: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets...
USD/JPY: • If price pushes up to and ideally just above our previous high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which...
Price has behaved exactly as expected so far this week and presented us with several opportunities. This was a clean short taken last night, exactly as forecast at the beginning of the week. Price pulled back to 50% of the main move down and then gave us a confirmation entry on the lower time frames. We are still in a higher time frame down trend, however price...