GhostFXC

GhostFXC

EURCAD has held sufficiently below our 4HR/Daily Supply zone after making a clean break beneath structure. Multiple rejections as well as failure to close above the zone has given us a short term setup.

GhostFXC

EURUSD Finishing a Descending Ascending Triangle. Anticipate to fall into 0.96000.

GhostFXC

Over the last few weeks we haven't really made much progress in the USD/JPY because there haven't been any significant touches to the trend line, besides the Hanging man that was formed a few weeks ago that gave us our initial bias on how the market will be moving in the net few weeks. Anticipating 400 pip move down into 97.500 fairly soon.

GhostFXC

Normally we should be seeing a very close correlation with all pairs that use the USD as the base currency, but we of last night, the Yen shot up while the Cad continued to fall. This order is being held to it's profit target at 1.32154, and stops will be moved into profit once structure is more concrete, but it seems that we may have actually found a bit of...

GhostFXC

Man.. There is a lot going on in this chart. Please excuse the mess everyone. I've been monitoring the USDCHF for quite some time now, and we've almost reached our target zones. We're currently setting up for a nice long term trade than could easily come into our favor given that there are so many clues and indications that we could very well see a major drop in...

GhostFXC

It's not often that we end up seeing more than one harmonic become prevalent on our charts, but when they do, the amount of opportunities you have are absolutely amazing. If these patterns confirm, we have the possibility to capitalize on roughly 837 pips over the next week or so. Definitely something you may want to add to your portfolio. So, what makes me think...

GhostFXC

After the Equilibrium was met at 139.932 on the ichimoku, we then targeted the high that was established September 09, 2014 and the 61.8 reversal zone to an estimated 65 pips of risk, and a possible 315 pips of profit. In order to determine your entry, we have to chart days ahead, and truly get an idea of where the best entry. Sell limit was hit at 140.783, and...

GhostFXC

All limit orders were hit, and this looks to be an exceptional trade.. Am I wary about getting into this trade after we just had a bullish harmonic confirmation? Not the least but.. Risk management is essential. If you follow me on Facebook, I actually posted this screenshot a few days ago, and my orders finally got filled.

GhostFXC

So many opportunities... I've been analyzing the Euro Dollar closely since I started trading back in August.. It's always seemed like something was missing inside it, and of course I never had the tools to completely understand what it was, but over the last few months (after December), it all started to make sense.. Lets look back.. way back to 2004 when the...

GhostFXC

I meant to post this last week when it confirmed, but better late than never! 4.7 Risk/Reward Ratio

GhostFXC

As we start to look back into the historical movements of the chart, we see that our Bullish Gartley was indeed confirmed, but now we move on to more possibilities within the Euro Dollar. The first leg of our bearish gartley is seen after we hit our final 61.8 target in the much larger and overpowering bullish gartley into the lower high of the uptrend. Let us...

GhostFXC

As we focus on our advanced pattern recognition, our eyes start to pick up more and more. Following the calm of US Session, and looking at our other pairs (The Great British Pound), we can see a morning star has appeared on the 30 minute chart, which leads me to understand that there is a drop coming for a small amount of pips momentarily before we have a rally...

GhostFXC

Following London session where we see the Euro Dollar reach new highs, it struggles to break structure and put in a new HOD. We see the currency act opposite of London session as U.S. Session is coming to an end and Sydney is beginning. We look for the currency to rally up into the 88.6 pullback area of the initial anchor leg as we capitalize on our Long positions...

GhostFXC

We see the supply area met at 1.55361, and a downtrend following closely afterwards. We find support at the demand area at the 1.46000 area of the GBPUSD which follows through into a 38.2% pull back at resistance. 2.25 Reward to Risk ratio if pattern is met. Be on the lookout for any high impact news, or a break below demand that may alter this pattern.

GhostFXC

Following last nights 61.8 Target 2 confirmation of the bearish bat, we find support at the 88.6 below target 2. Price is expected to rally up as we come into the full force of US Session to about an 88.6 from X-C following a 1.618 extension from the XA leg to confirm for a Bullish Deep Crab, a very volatile harmonic. Look for as many as 10-20 pips of volatility...

GhostFXC

Following the move down near the 174.860, we find resistance at 176.571 which meets the criteria for a few harmonic patterns: The Bat, and the Alternate Bat which both meet at the 38.2 retracement. We see the 88.6 pullback near the 175.086 area based off the XA leg of the move. Bearish Bat confirmation found at 178.718 for a 1:4 RISK to REWARD ratio Bearish...

GhostFXC

I am a bit late in posting this idea, but the Euro Dollar formed a Bullish Alternate Bat last night followed by 170 break to target 1, missing it only about 20-30 pips.