TeePeeFX

TeePeeFX

The targets for the break of the previous channel (sent to our students) were hit perfectly, before we saw a retrace back down. The beautiful thing about the retracement is that it appears to have moved directly into a new descending channel. I think we are likely to see a little more of a dip before this pair moves away, but i for sure will be looking for longs...

TeePeeFX

This setup is looking very interesting... we have this ascending channel with not only divergence throughout the channel itself, but also across a potential double top. Price action from Friday looks extremely bearish. Both the potential double top and channel break can only have 'assumed' targets at the moment, however the fib extension targets both line up near...

TeePeeFX

This setup is looking very nice moving into next week. The week view rejected our upper T/L, we also have a potential triangle forming (upper level is marked, lower level sits nicely on our first target) If this triangle does form and come into play then its relatively unlikely we will see the second target on the first push to the downside. We have clean...

TeePeeFX Updated 

this one is nice and simple. A break of this structure gives Fib extension targets that sit directly on the daily channels bottom... Coincidence? i think not... I'm looking for a break of this rising structure to confirm this trade. Not the biggest trade in the world, but will give a very tasty RRR is it does break and give entry.

TeePeeFX

the highlighted zone is an area of interest to me. I am not just looking to buy at this level. My bias may be long but i need to find a confirmation to enter the trade. (DB, engulfer etc) This is a trade setup that i found and identified on a 1 on 1 session with a TeePee Student.

TeePeeFX

This setup is currently looking very tidy indeed. NFP appears to have given us a very nice break of this falling wedge pattern. We have already seen a near perfect retrace to the pattern top, but with the current volatility and indecisive nature of USD pairs, i wouldn't be completely surprised if we were to see another pullback, the purple box indicates my area...

TeePeeFX Updated 

Looking to see if we can confirm some longs on this pair today. We have a small ascending channel that broke yesterday, we appear to have seen a retrace over the course of last night / this morning. I personally dont think the retrace is done just yet but i could be wrong. If this is a valid channel break my 2 targets will be 1.190 and 1.197

TeePeeFX

this is also now republished. target levels are going to need adjustment up a little as the retrace took a little longer than expected, but analysis remains the same as the previously posted setup that got removed

TeePeeFX

I have had to re-publish this as it was removed by T-View. My outlook is stil very much the same. The difference is now we have converted 1.73 and we saw a continuation form yesterday targets will be slightly lower than is marked above, but ill see how it moves and adjust lower accordingly.

TeePeeFX Updated 

This pair has been sat in some serious corrective price action. i'm hoping we can see a break next week. Which way do i think its likely to break? Probably up, but i'm also very aware that if the bears muster the strength to break that 1.180 area, then we also have a double top that could be good to trade to the bottom of that correction. Targets for the...

TeePeeFX Updated 

2 weeks ago this pair broke the weekly resistance level (now support) my overall bias for this long term (for now atleast) is long, however, with the price action weakening more and more, and the pair approaching a daily level, i will be looking for confirmations of a short. MACD shows us weakening of the rally through each push higher across both the HISTO & the...

TeePeeFX Updated 

Although my overall bias on this pair is long (higher time frame - monthly level break), a Bearish engulfing candle at a level this strong feels too good to ignore. I have a very effective method of trading engulfing candles, this means i'm already in and already risk free. We also have divergence across the last two peaks.

TeePeeFX

The bearish engulfer never managed to gain its full momentum. Stops were moved to BE, which we hit earlier today... the lower time frames are showing a very clear flag. I am not looking to trade this for 2 reasons... the first of which is: We have lower volumes through the correction of the flag itself, however the hammer down candle right in the middle shows...