PipTips

PipTips

Crabs are usually the result of a failed bat pattern and they are my favorite pattern to trade. This is shared for educational purposes and should not be taken as a signal. Crab patterns are considered volatile and you can expect volatile price action towards, near or at the D point. Good luck to all traders and trade smart, don’t gamble.

PipTips

FISHING FOR CRABS!!! Hello traders, this is one of my weekly pre-market ideas, a deep bullish crab pattern possibly developing awaiting the completion of our D point. Our B-C came within the 3% acceptable measurement for the .382 retracement. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point....

PipTips

FISHING FOR CRABS!!! Hello traders, this is one of my weekly pre-market ideas, a deep bearish crab pattern possibly developing awaiting the completion of our D point. A deep bearish crab setup was published earlier on this currency pair and this idea shows a larger move in developing with a regular crab pattern. The measurements for the X-A-B-C-D met the...

PipTips

FISHING FOR CRABS! Hello traders, this is one of my weekly pre-market ideas, a bearish deep crab reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. Although this pattern is developing nicely, market open could change this...

PipTips

FISHING FOR CRABS! Hello traders, this is one of my weekly pre-market ideas, a bearish crab reversal pattern possibly developing awaiting the completion of the D point. The measurements for the X-A-B-C-D met the requirements to validate the pattern if the market gives us the D point. Although this pattern is developing nicely, market open could change this...

PipTips

Hello traders, wanted to share an idea with the community. We are looking at a potential head and shoulder pattern here as we saw a bearish move downward and now a possible pull back to the neckline for an entry. Just an idea but we will be trading if price enters our zone. This is a sluggish pair and great for reasonable pips. Good luck traders!

PipTips

We had 2 sell limits set, 1 (0.89500) triggered and gave us our first target for 25 pips and we are expecting a retest for our 2nd entry (0.89550) which was 5 pips above the 1st which will hold for our 2nd for 100 pips. Good luck to all traders!

PipTips

Hello traders, this is an idea based on a minor down trend we've been seeing on AUDCAD. We are rallying to a retest of the top of the channel where we will be shorting the market when price is in our sell zone. Our risk to reward ratio is an acceptable 1:2 so we will be watching to execute trade.

PipTips Updated 

This idea is based on a minor down trend channel that began Jan 22, 2018. The top of the channel was retested Dec 27, 2019 and continues downward. Here is an opportunity to catch 20 pips as AUDJPY broke below the 73.325 price on Fri 9, 2020. Possible short if we can get a retest for entry at 73.325.