SorinTrader

SorinTrader

I am trying to take my analysis to the point of me being able to provide evidence that price action is likely to turn at a specific point. On that note, DLC stands for Doji-Lower-Close candle formation and SOS is Strength Of Signal (the concept is to stack signals that 100 out of 100 traders agree on objectively). This is just a simple analysis, I am not looking...

SorinTrader

I do have a bearish bias on this pair based on the Daily time frame, but I would like to profit on a short term bull move on the 4H. SOS stands for Strength of Signal, and with this I am trying to make my trading as objective as possible. Eliminate completely the subjectivity out of my trading style. I want to provide evidence of why I think price will move in...

SorinTrader

Price action was trading below our 233 EMA. It seems we have passed a period of consolidation for this pair. I am curious to see how this will break. I don't have a particular setup at this point, I am just waiting for the price to move.

SorinTrader

Clear down trend on the Daily timeframe. Let's see if we continue in the same direction.

SorinTrader

Based on the Daily timeframe I do have a bullish bias on this pair, so we are looking to take it long if we could potentially retrace in the kill zone and have our rules for entry met to take the trade. This prediction is a little bit far out, but we could possibly see the 1.00500 level if: - we retrace in our kill zone on the 0.99600 level which was respected in...

SorinTrader

If we take a look at our Daily chart, we can identify an overall Bullish trend, but as of lately we failed to put in a new structure high, so I will be looking to take this pair short if my rules for entry are met. To build our potential short level we can step down to the 4H time frame and observe: - Equal measure move AB=CD right around that 113.600 price...

SorinTrader

For all you guys that trade advanced chart patterns, there is a potential bullish Bat pattern on the 4H chart. I usually don't trade advanced patterns alone, I use it as an extra confirmation on my analysis.

SorinTrader

Based on my analysis, at level 1.1500 we have a potential short based on: - equal measured move AB=CD - bearish bat pattern for those who want to short at market right at that level( I usually don't trade advanced patterns formations; I haven't been able to be profitable on them but we can have it as an extra confirmation for the short term down side of this...

SorinTrader

Do you guys trade advanced pattern formations? Are you able to make consistent profits from the Cypher pattern? I will be looking to take this pair long if we reach my kill zone. I need at least a 1:1 risk-reward with an ATR stop going below previous swing low. Until now I wasn't able to see consistency from trading these advanced chart patterns, so my reasons for...

SorinTrader

Defined my kill zone based on the below: - AB=CD harmonic move - structure (previous support becomes resistance) - 1.618 Fib extension - 1.618 Fib inversion - Fib retracement confluence from swing high to swing low - potential bearish bat pattern To enter the trade I will be looking for: - lower low, lower...

SorinTrader

Decided to short USD/CHF with the bellow confirmations from my analysis: - 3 daily candles with long wiks signalling selling pressure at structure - lower low, lower close 4H candle (the 4H is my trading timeframe) - rising wedge pattern signalling that buyers run out of steam - bearish divergence on RSI

SorinTrader

i will sell aggressively due to the 3rd bounce of the 4H trendline placing a limit order is not optimal, but I want to test out trendline trading what do you guys think?

SorinTrader

ride the down wave as long as we can!