Kylan_Laymance

Kylan_Laymance

I am buying a basic price action trade to cover the move from 15 to 17.60 i give it 2 and a half weeks .. so exp. week 1 feb17

Kylan_Laymance

Should expect a pull back to the .5 followed by a rally to the 1.618 extension

Kylan_Laymance

Hey guys , here is a pattern from lesson 2, A Bearish cup and handle being set up on the Swiss/ Yen pairing . I Have my entry placed and ready for the market to pull back to half the height of the cup, I have my stop (safety net) placed at the top of the cup and my limit is placed at the 1.618 extension of the height of the cup. Notice that the pattern suggests...

Kylan_Laymance

Here we have a gartley pattern complimented by trend suggesting that the market will rally from its current position to the 1.618 extension of the BC leg. My entry is at point B , my target obviously the 1.618 extension and my stop is structure right around point X thanks for viewing my trade, and dont forget to like comment and follow me for more trades and...

Kylan_Laymance

A solid Gartley pattern to be completed with a lucky drop in value by the euro hopefully early this week. I have my entry placed on the point D , my stop placed at structure just below point X , in case the market decides to retest X . and Finally i have my limit placed at the 1.618 extension of the BC leg.

Kylan_Laymance

Before every week of trading , I like to sit down and check out what the markets will be doing this week , and how I can ease into the earlier part of the week without losing money. The Us Dollar is the perfect currency because we have several major components at our finger tips. the Dow (above) is the first one we will talk about. This week the Dow is moving...

Kylan_Laymance

Here we have a nearly completed Wolfe wave series. After coming out of the weekend , the Aussie was off to a strong start, but i'm sure a correction is coming around market open. In the mean time , we want the aussie to continue to gain power till Monday market opens, and from there we will be shorting the Aussie/ New Zealand pair. Our entry is based on a Wolfe...

Kylan_Laymance

Our entry has just been executed while I was on a conference call here about an hour ago. The wave series has completed and begun to push up into the profit region, it is likely that the market will continue to rally in the dead hours of the day being that the Us markets began a correction of about 35 points today. I had originally placed my entry at point 4,...

Kylan_Laymance

The last few days in the Japanese markets have been an emotional roller coaster, with china on the edge of collapse, the surrounding economies have not been shy to show the effects. As one of those effected, Japan has seen a change in course from a steady Bull market, to a dramatic correction this week, and the question is will it continue? The answer is...

Kylan_Laymance

Here i have identified a new pattern to me, these are called wolfe waves, they are rather simple to understand , and supposedly more accurate than elliot waves. so i tested one yesterday on the Aud/Usd charts, and sure enough i made a serious return , so now we will publish one , and it will probably fail just my luck. So i have placed my entry right around...

Kylan_Laymance

With interest Rate News buzzing it is time we assess what the markets are going to be doing in this post market update. With June in the rear view mirror and interest rates untouched, it appears we have some time for a little bit of a rally as depicted in the chart above. The Gartley pattern above suggests a move to the 1.618 extension of that BC leg as always....

Kylan_Laymance

Here i have an opposite wave theory for the jpy pairs that I will be using to hedge the usd jpy pair. Once again sorry it is short and sweet , just trying to fire one off before bed. Entry at point 5 , limit at point 3 and stop making the trade 2:1 risk reward due to a lack of structure. thanks for checking this out , like comment and follow me for more trades....

Kylan_Laymance

Here we have a wave series that appears strong and is likely to reverse, i have placed my stop at previous structure above the series, my limit at point 4 and my entry at current market quote. Sorry for the lack of detail, it was a long day. I just want to get this out there for you guys to make some money should make about 15% on this trade alone. Thanks for...

Kylan_Laymance

So in order to protect yourself from major losses when trading in Forex, often times you might want to hedge your trade by placing the opposite order for a similar pair. This is an example of such situation , we have a perfect wave set up over on the Eur/Jpy charts that we entered earlier today. While that trade is still open , sometimes i get nervous about...

Kylan_Laymance

With all the talk about the euro losing value, And all the evidence about the Yen Gaining value, i thought it was about time i made some money off of it. The problem i was having was where to enter, until now :) So i have identified a completed wave series on the 60 min chart which suggest the market is to reverse and head down , just as the news suggested. I...

Kylan_Laymance

Hello Everyone , today i have found a small bat pattern on the 15 nzd/usd charts. I originally found this pattern on a 3 min chart, but since i don't trade that low of a time frame, i backed out and found it still valid on the 15 min charts. I have my order as follows: Limit at point C Entry at point D Stop at point X I believe if i stay within the structure...

Kylan_Laymance

Index Heads up , The Nikkie 225 index shows a possible reversal after an AB=CD pattern. I bet the market will pull back this week at least down into previous structure around point C. No trade , just an index prediction to see how the Yen will preform this week.

Kylan_Laymance

Here i have drawn for you a complete wave series and a corrective series that should end in a bat pattern formation followed by a reversal. There are several ways to approach this trade, and since the markets aren't moving on the weekend, i will go ahead and approach all the ways I know. First we have the trade the wave strategy, in which I would buy at the...