themikewwfx

themikewwfx Updated 

Tidy little hightest candle on some strong resistance which on the intraday charts is setting up a nice right shoulder to complete a head and shoulder pattern. Lots of room on my stop stop loss to leave room ahead of NFP. - Perfect hightest candle on 1D - On resistance on 1.4400 - Head and shoulder pattern on 4hr - With trend - 1:2.75 RR - Hybrid trade - Safe...

themikewwfx Updated 

A great bearish engulfing candle formed on a nice retest of a long term bullish trend line after breaking through back on 03/17/16. Intraday charts showing bullish pressure being broken down and the bears completely taking over. Easy 1:1 RR to the recent lows and from there price could dip all the way to 106.00 for closer to 5:1 NFP coming up can stir up some...

themikewwfx

Strong Beairsh engulfing candle breaking past 4hr chart phase line on AUD/JPY. Add to that this happening on both strong resistance and long term bearish trend line, it's a match made in heaven. - Bearish Engulfing Candle 4hr - Rebound of long term bearish trendline - On strong resistance at 86.500 - Lots of room for good RR

themikewwfx Updated 

Great little naked price action set up on EUR/CHF - Perfect low test candle - Previous low test candle on 4hr chart and already reacting - Testing key support of 1.0900 - Testing Long term bullish trendline from April 2015 - 60% Fibonacci retracement - Looking like a daily close above daily open will happen - With trend Clean targets at 1.10000 and then at...

themikewwfx Updated 

Not the cleanest, but still a convincing naked set up on AUD/USD. Nothing is better then price reacting to the intersection of key support/resistance and a long term trend line. My favorite set ups! - Price stalled out at key resistance of (0.76000) - Bearish engulfing candle 1D - Double top Pattern (4hr) - Bouncing off long term bearish trend line - Aligned with trend

themikewwfx Updated 

Just checking up on my charts for the week and after the close for the weekend before we got a tidy set of tweezer tops on some strong resistance on 1.3000. I'm only going to look for a 1:1 RR on this trade because I'm going counter trend on this as we've just had a breakout past the long term bearish trend line shown. Looking for price to retrace back down to...

themikewwfx Updated 

Just checking up on my charts for the week and after the close for the weekend before we got a tidy set of tweezer tops on some strong resistance on 1.3000. I'm only going to look for a 1:1 RR on this trade because I'm going counter trend on this as we've just had a breakout past the long term bearish trend line shown. Looking for price to retrace back down to...