PayPerTrade_deals

PayPerTrade_deals Updated 

When a double top appears the market often tests the neckline of this double top. Based on that pattern we've created a pattern. Now we need to wait untill the checkboxes of our strategy to be checked before we can enter the trade and wait for our target of 21930 to be reached. But for now, let's wait and see if our strategy gets triggered.

PayPerTrade_deals

We can clearly see an impuls and a retracement on AUDCHF. When the retracement stops at the previous structure level we can expect the market to continue further up. This can result in a nice longing opportunity for this pair. So let see if all the checkboxes of our strategy are checked, so we can create a setup with a nice risk to reward ratio.

PayPerTrade_deals Updated 

In case of a double top the market often tests the neckline again (blue box). Based on this pattern we've created a strategy to monitize on it. However, before we can take the trade all of the checks in our strategy need to be checked. So let's see if that happens and wait for our entry to get hit when it does. The target is around 1.58

PayPerTrade_deals Updated 

CHFJPY has printed a structure candle (blue area). Typically the market tests these candles and that what we expect the market will do this time as well. All we need to do is wait untill all checkboxes of our strategy are checked before we can create a setup. If the checkboxes are not checked, we won't create a setup and we'll let this opportunity pass.

PayPerTrade_deals Updated 

It seems like a shorting opportunity is arising on XAUUSD. After a double bottom we can expect the market to test the neckline of this double bottom (marked with the blue area). So now we only need to wait for the rules of our strategy to be met and we can create a nice short back to the 1836 area.

PayPerTrade_deals

Typically when the market creates a structure candle (marked in blue area) it tests this candle again. Our trading strategy uses this behaviour. However, before we can create a setup and wait for the entry to be hit we need to wait until all the checkboxes of our strategy are checked. As soon as that happens we'll create the setup and then the waiting starts :-)

PayPerTrade_deals

When a pair prints a double top we may expect the market to test the neckline (blue ray at 1.03622). Based on this pattern we created a trading strategy. When all the checkboxes of our strategy are met we'll take the trade and get at least a 2R profit. So let's see if it will meet our requirements, so we can create an entry.

PayPerTrade_deals Updated 

USDCAD printed a double top on the daily. Typically the market tests the neckline (bluebox) in these situations. So now we wait until all checkboxes of our strategy are checked. When that happens we create a setup, wait for the retracement to our entry and ride the trade. But for now, we must wait. Patience is key in trading.

PayPerTrade_deals Updated 

There could be developping a longing opportunity on USDCZK back to 24.5. After an impuls we just created a retracement. After a retracement we can typically expect the market to continue its course and create a new impuls. We do need to wait untill all the rules of our strategy are checked, because this market could easily continue down. When we get confirmation...

PayPerTrade_deals Updated 

Typically the market tests the blue marked area. So we can expect the market to go back to the 1840 area. We need to wait until all the rules of our strategy are met, but when that happens we'll create a nice setup, wait for the retracement to our entry and ride the trade.

PayPerTrade_deals Updated 

Typically the market tests the structure candle it printed, which is marked in the blue box. Now we need to wait untill all the checkboxes of our strategy are checked before we can create a setup. So let's see if that will happen en see if we can capitalize on this move.

PayPerTrade_deals Updated 

LTCUSDT printed a nice structure candle on the daily timeframe (blue box). Typically the market tests such candles. However, we can't just take the trade on just that. We have to wait untill the other rules of our strategy are met before we can create a setup of at least 2R. So for now we just have to wait and see if all our checkboxes will be checked.

PayPerTrade_deals Updated 

After an impuls and a retracement we can expect a new impuls. Base on this we can expect the CADCHF pair to continue to at least 0.773. Now we only need to wait untill our checkboxes are checked before taking this trade.

PayPerTrade_deals Updated 

Typically the market tests a structure candle, which is marked in the blue box. That means that we can expect that the market will test the 0.60 area. Now we just need to wait for all the checkboxes of our strategy to be checked before taking this trade. Because the market can easily melt down a bit further before providing this opportunity.

PayPerTrade_deals Updated 

The EURCAD pair has created a double bottom. We may expect the market to test the neckline, which is around 1.36, since that's usually what happens. However, we can't just take the trade an hope for the best just based on this formation. We need to wait untill all the rules of our strategy are met to create a high probability setup. So let's wait and see if the...

PayPerTrade_deals Updated 

We've just identified a structure candle, which usually gets tested by the market in a relatively short period (blue marked area). Our strategy monetizes on that. However, we still need to wait untill all the rules of our strategy are met, before creating a setup for this pair. But as soon as they do, we'll create the setup wait for the entry to be hit and ride the trade.

PayPerTrade_deals Updated 

The blue marked box is what we call a structure candle. The market typically tests such a candle and therefore we created a trading strategy on it. Now we know where the market will probably go to we just need to wait untill all the rules of our strategy are met to create a setup and ride the trade.

PayPerTrade_deals Updated 

After an impuls and a correction we can expect another impuls. In this case the target of that impuls lines up exactly with the structure candle at $111 (blue box) So now we wait untill all checkboxes of our strategy will be checked and we can take a nice trade to long this market.