LifeWithRyFX

LifeWithRyFX Updated 

I've been watching this in play with the DXY chart, and so far price has been dancing.. practising patients kills lol.. let see how this turns out.

LifeWithRyFX Updated 

let's see how this one unfolds, one trade isn't going to break my account. but the main thing is one of you may pick this up and see orr this is easy to learn

LifeWithRyFX

i don't trade DXY I only use it to confirm a trade, this was what you call al sniper move... CLEAR ON POINT PRECISION

LifeWithRyFX

HONESTLY WOW!!!! THIS IS THE REASON WHY I DON'T TOUCH NEWS... i trust my analysis but its usually a 50% odd that a trade will go in my favour with high impact news lol Still this eurusd trade would have been sweet, if i had the balls to trade news lol

LifeWithRyFX Updated 

Another round at this looking at the YEN INDEX to gain opportunities on FX

LifeWithRyFX Updated 

The same applies every time I look for entries with that shark pattern, I first look for an ABC PATTERN. Then set the fib tool to identify pull backs.. sit and wait for the market to give me a signal and take the trade. I've passed funded accounts with this method and still doing it. i usually aim for a 1:2 or 1:8 RR it really depends

LifeWithRyFX

I thought I'd share with you guys the process I use to find my shark setups, this is a strategy I've back-tested and tested several times. I must say textbook harmonic talk poop, the values I use work but the set-up I see written for the shark uses different values. I noted this and thought about it for a minute - then I said so can I break the rules or amend it,...

LifeWithRyFX Updated 

If its STRONG I'd be looking for short trades on yen pairs Vice versa.... If it is WEAK I'd look for long trades on Yen pairs

LifeWithRyFX Updated 

So based on my last theory I got clipped, there was a lot of news combined with heavy consolidations within price. For me that's a no-go to trade, I saw this set-up and thought mehn! but it's okay. A Strong confluence to confirm is the reversal wedge pattern in the (D ZONE) between 2.00 and 2.618 amongst price action.

LifeWithRyFX Updated 

To train your eyes to see a move over time you'll see the move, don't waste time take the trade with care risk management. Be patient and allow the price to move in your direction, once you can spot `a reversal wedge patten within your D zone.. you are in!

LifeWithRyFX Updated 

I always look for re-entries at B leg and get out at C leg

LifeWithRyFX

Awaiting this idea potentially happen, I see an ABC pattern form and begin to connect the dots in hindsight... ill wait to see how this unfolds not an active trade until my confluences confirm