We have seen a retracement off of a major level of structure and the 0890's level is likely to be a strong level of resistance however as a trend continuation trader, I will be keeping a close eye on this market this morning looking to get involved for a retest of the recent highs unless markets shows signs of a reversal.
Good luck guys. see you in the live room.
Quite a few things on the radar today and a few trades that I'm in. But I thought I would share this simple looking Gartley Pattern for you advanced patter traders.
See you in the live room.
Following the news yesterday, we have seen market push up and respect the previous resistance levels at 0.7712.
For those of you looking to make a profit off of the rejection, you can see that we have a 2618 Trade following a nice Double Top on the Lower time frames.
See you in the live room.
Click link in bio to join us.
Happy Friday Traders.
Not the greatest week for me this week and its a busy one on the economic calaendar but I thought I would share with you Cypher pattern traders this bearish pattern should it meet your rules of engagement.
Good luck and I'll see you in the live room.
After a good week last week, I'm hoping to continue this week.
First play on the list is this bullish Cypher formation at market. Price action has pushed down for a better entry. I got in this morning at 1.2219.
Stops below the X leg which isn't a bad area for protective stops.
Also a decent risk:reward trade now.
Good luck in the markets this week guys!
Mindful of where we are on the daily time frame, I'm looking for a reset of the recent high here on this pair.
I posted a video on my Youtube channel last night showing the walkthrough of a similar trade we took on this pair yesterday during my day trading session in the London Live Room.
Now there could be another chance to get involved here.
The Kill zone is...
As this market creeps back into that area we were looking for a Trend Continuation trade, we can see a potential BAT formation forming so I thought I would share this with you guys who trade advanced patterns like this.
You may use conventional Targets or you may look to use this as your entry into the longer term move.
Either way, good luck in the markets today...
After seeing the bearish movement on this pair over night, we have now broken the B leg of this formation which means we could quite easily see a completion down at 142.53.
Good risk reward, and looking at around 108 pips best case to target 1.
We will see if we can get involved in this in this mornings live room. link in bio
See you there.
Following yesterdays 2 target winning trade on the bearish Gartley which started the year off nicely, other than the AUDCAD trend continuation trade im watching, this is one set up that is nearing completion so I thought I would share with you guys.
Completion at the 786 retracement @ 0.6930
Conventional targets at 0.6914 and 0.6905
Good luck in the markets,...
HAPPY NEW YEAR TRADERS!
First trade of 2017 and its a Bear Gartley which completed during the night here in the UK. Got a second chance entry this morning whilst doing my pre market analysis so I thought I would share it with you.
You are now getting a better entry than the conventional completion at market right now.
Good luck in the markets this week and I'll...
Looking at a quick one in one out for this trade as I end my trading year today.
Last day in the markets. Last live room for 2016.
Thought I would share this for those of you who trade the Cypher formation as you are getting a better entry now.
Good luck guys!
For those of you who trade advanced pattern formations on the lower time frames, there is a potential Cypher setting up at 122.75 on this pair.
Quite a bit of consolidation this morning so could be a busy Day trading session in the Live room!
Good luck Traders!