Oztrade

Oztrade

Hi All, I wanted to quickly share this with you a few patterns on EURUSD to choose Depending on if we hold the top structure we can look for another opportunity I didnt post targets and stops bit busy guys but hopefully this helps Sometimes we see that price will hit our order - retrace to hit targets then continue down to the next level hitting all orders...

Oztrade

Hi All, I wanted to share this potential opportunity here on EURUSD 60M I wont post details here - you can see Entry and Stop levels along with the potential R:R Ratios on screen I also noticed the previous structure point - also if you follow this back you can see extra points of structure marked. it will be interesting to see if we retest the high X leg for...

Oztrade

Hi All, I wanted to share these potential patterns we see forming here on USDCAD 1H Chart I haven't marked the entries stops and targets because the chart would be very cluttered BEAR BAT - BLUE STANDARD ENTRY 88.6% @ 1.34013 - MIN STOPS @ 1.34302 TARGETS WILL BE 38.2% FOR T1 - CURRENTLY 1.33587 - T2 61.8% 1.33322 - Will adjust targets on D completion for...

Oztrade

Hi All, Here we see a potential long opportunity - Bullish Gartley Pattern Entry Stops and Targets have been set based on standard rules for Gartley. Light Blue Line is the AB=CD equal length harmonic move If A leg is violated Pattern Becomes Invalid R:R Ratios are set and targets will be adjusted based on the D completion. Happy Trading

Oztrade

Hi All, I wanted to share this Bullish Cypher Pattern we have here on USDCAD Same as usual we have entries at 78.6% Stops marked Red Line Targets will be the Standard 38.2% and 61.8% and will be adjusted until D completion. Also looks to be Head and Shoulders Pattern Good Luck Happy Trading

Oztrade

Hi All, I wanted to share this Cypher Pattern with you from a previous post we violated the original C Leg and Formed another One here. Again Minimum Stop Level in Red Entry Green - and as always you may need to roll orders forward to ensure you get filled. TP1 and TP2 have been marked as standard as always - and we simply adjust Targets when D has...

Oztrade

Hi All, I was asked to provide you with some information regarding the affects of Commodity and Currency Correlation. Please read the chart notes so you can create and review and currency vs any commodity your self. You can compare and symbol/instrument. Predicting the next move in the markets is the key to making money in trading, but putting this simple...

Oztrade

Hi All, I wanted to share another potential opportunity we have setting up here on EURJPY 1. Min Stop Level Marked in RED 2. ENTRY green - standard 88.6% - 135.790 order placed just below entry to ensure we get filled 3. Target Levels - T1 and T2 - Standard 38.2% and 61.8% - to get targets set them just above these levels. 4. I have drawn XYZ for you to see...

Oztrade

Hi All, Here we have a high probable trade if price gets to this level - I have marked on the chart confluence levels which are great to see at our entry point. Anyone can post an advanced pattern - but the most important thing to have a high probable trade is to find the previous Patterns Profit area's where Sellers exit the market, and also to look for...

Oztrade

Hi All, I posted the Bearish Cypher the other day with the potential for a stop and reverse trade Cypher to Cypher. In looking at this chart we are having trouble penetrating past the 199.73 -75' level After price action goes up and down to the fib levels we have now formed a BAT Pattern opportunity. I had this question the other day - would you take the lower...

Oztrade

Hi All, I just wanted to share this potential short and long opportunity with you. Here we see a Potential Cypher and Bat Pattern forming. As always Stops Entries and Standard Targets are marked on the chart. I wont explain the price entry stops targets here - they are on the chart. Being such large patterns you may look to forward your entry by 10 pips on...

Oztrade

Hi All, I wanted to share this pattern here on the 4H EURUSD Setting up we have a potential CYPHER - obviously some ways to go as we are not yet below B LEG However in saying this we all know how quick we can see movement and if not in front then we miss many opportunities. As Always - Entry Green Line - Stops Red Line Targets will be just below so we get...

Oztrade

Tell me you didn't push the play button? Basic traits of a gambling Forex trader: • Has no trading edge or effective trading strategy • Doesn’t have or use a trading plan • Doesn’t have or use a trading journal to keep records • Pays little to no attention to risk management • Spends most of their time focused on profits and rewards • Often feels intense...

Oztrade

Hi All, I wanted to share this potential Bearish Bat Pattern Setting up here. Again ENTRY GREEN - STOPS RED We will be looking for price retrace levels at 38.2% and 61.8% for our targets. Keep your entry just below 88.6% and Targets just above the 38.2 and 61.8 to make sure order is filled and targets are hit. Also keep a look for a Stop Reverse Bullish...

Oztrade

Hi All, I wanted to share these potential patterns setting up here on GBPAUD 60M and 240M Normally I wouldnt publish a chart with so much clutter as we need to keep our analysis simple on the chart but extensive in our findings/predictions. I wanted to show you the amount of confluence all in one chart - If I find a Bat or a Cypher and a Gratley with all this...

Oztrade

Hi All, another pattern which I have on the radar is this potential Bat Pattern completing right at the 1.30000 even handle number. Keep your eyes on your filters and look for a reason for entry - you may see a signal Also just noticed B leg should be 4 candles to the right - Still valid If you want to be more conservative you may look for price to hit this...

Oztrade

Hi All, Again we see another potential opportunity for a shorting position here on EURUSD In a recent post I mentioned how I believed the FOMC would push this pair to 1.1400's This has presented us with this Bat Opportunity Fibonacci Confluence - 127.2 and minor 141.4 along with our 88.6% D completing all around the psychological even handle number 1.15000 -...

Oztrade

Hi All, here we have a potential long opportunity - Bullish Gartley Pattern B leg missing the 78.6% and Retracing a minimum to 61.8% to our C leg making this a valid Gartley Pattern If A Leg is Violated then this Pattern will be invalid High reversal Zone would be the Green Line in my predictions Based off a 127.2 Fib Extension from A to B which in a...