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Launch Chart
1 day ago
EURUSD, 240 Long
40 4203
Not a lot on my radar this morning which is perfect seeing how Monday’s are typically days where I let the markets wake up after the weekend. One pair that I’ve been continuing to watch closely has been the EURUSD which has provided a lot of opportunity over the past month or so.

The chart before you shows a potential bullish Gartley pattern completing extremely close to the “X” leg. As I shared with my Syndicate members in this morning’s trading video, this is a really good thing, because it puts us in a situation where we don’t have to risk as much and can potentially receive a greater reward if the trade goes in our direction.

I usually don’t take patterns too seriously until the “B” leg is broken so there may be a few bullish opportunities beforehand, but that’s something I won’t be interested in until tomorrow.
Good luck in the markets this week traders and as always, if you like this post PLEASE HIT the THUMBS UP button, and if you have any question, comments or would like to share your views on this pair don’t hesitate to type in below.

Akil Stokes
Chief Currency Analysis at Trade Empowered

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12 hours ago
AUDNZD, W Long
24 751
Fundamental changes came to confirm a potential bullish reversal, and therefore, I am looking for the bullish trend to resume.

RBA was less dovish- more hawkish in its monetary policy statment yesterday
Two Main changes in the statment yesterday, compared to last month:
1) A sentence was added about employment: "growth of employment and a steady rate of unemployment over the past year. ".
2)Hints to strong AUD was omitted. Precisely: "Further depreciation seems both likely and necessary,"

Bottom line: it seems that the RBA is holding neutral for now, with no additional rate cuts on the horzion

The RBNZ on the other hand hinted in its previous assesment that further rate cuts is likely in the near future.

My best regards
Technician
Subscribe to my trading portal http://thefxchannel.com
14 hours ago
EURUSD, 240 Long
14 741
In my last post on this pair (see Related Ideas: " ANALYSIS: EURUSD: All Roads Lead To A Wave 3"), I identified a bullish Gartley and a bearish butterfly patterns. In this update, I have removed the bullish Gartley as I do not think it is relevant anymore although it is STILL valid. But as per my possible updated wave count, I don't see prices heading any lower to complete that Gartley. That's why I have removed it. So what you see here is that I have added a POTENTIAL Bearish Deep Crab pattern that will end nearby the bearish butterfly completion as well.

Be careful not to get over-enthusiastic on any trade because this pair is in consolidation mode and therefore prices will swing back and forth. This is what my possible wave count shows. Before either of these 2 patterns will complete, we should see this swinging PA in the form of a smaller contracting triangle before breaking out to the upside to head towards the upper trend line of the larger contracting triangle and the pattern completions.

What's important to keep in mind always is the bigger picture. All this PA is happening within the larger contracting triangle pattern consolidation on the DAILY TF.
https://www.tradingview.com/x/Vp1r6AZK/

Currently, I am LONG and have been holding LONG positions on this pair for weeks now. Although this pair is showing signs of moving upwards within the contracting triangle consolidation (DAILY TF), I am not adding anymore LONGS as I don't need to. But having said that, this is a good place to get LONG if you want to because prices are near the bottom of the larger contracting triangle and showing signs of moving upwards. Also, I do not see any breakout to the downside happening. That's NOT to say it can't happen. Anything can happen.

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I will know my posts are useful to you. Doing so will encourage me to post more! As always, all comments are welcome.
15 hours ago
SPX500, D Short
9 472
Trend is bearish here, short below 61.8 Fib and stop above "C" point. more simple setup!!

Look our last Analysis:
(Click and Play)
https://www.tradingview.com/chart/SPX500/h4KHHxEi-SP500-Daily-Analysis/


I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update! Thanks!

SignalSuisse
www.nonsolotrading.com



14 hours ago
EURUSD, 240 Long
1 786
Look our setup:
(Click and Play)
https://www.tradingview.com/chart/EURUSD/Gez18GzO-EURUSD-Waiting-FOMC/

https://www.tradingview.com/chart/EURUSD/fYLxdn4T-EURUSD-Waiting-GDP/

I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update! Thanks!

SignalSuisse
www.nonsolotrading.com



1 day ago
GBPUSD, D Neutral
21 468
Friends

Many harmonic patterns on the GBPUSD pair giving you profit targets, if you're planning to go short, or you are already short.

This is my harmonic analysis on the pair.

I will be providing a swing trade analysis for non harmonic traders on my next post :-)

Best of luck,
Tom
14 hours ago
EURJPY, 60 Long
4 762
Here on the EURJPY we have a potential 2618 setup in the works. I say potential because I have no clue what the future of this current leg is, all I can do is Identify, Predict, Decide & then Execute. Here’s a link where you can take the FREE training on this particular strategy (http://tradeempowered.com/learn-to-trade/ ) but essentially, what I’m looking at is a double bottom signaling a reversal and a retest of that that simple pattern as a way to hop on the next leg of the move.

Slow trading this morning were you guys over in London fast asleep? Anyway, aside from this setup all I’ve got is the GBPUSD, EURAUD and GBPAUD on my radar this morning. I think GBPAUD is a steal of an opportunity, hopefully I’ll have a reason to get involved this week before I head out of town. The last thing I want to do is be worried about how my trade is going while up in the air.

As always good luck today traders and below are some links if you’re interested in any more free trading content.
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Akil Stokes
Chief Currency Analyst at www.TradeEmpowered.com

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11 hours ago
USDCAD, D Short
4 450
I do appreciate all views be it a like or comment, and if you subscribe to this analysis, you will receive all of our real-time update! Thanks!

SignalSuisse
www.nonsolotrading.com
2 hours ago
EURJPY, 240 Short
3 278
Trade 23: Short EURJPY @135.52
Trade Status: Pending
S.L 136.30
T1: 134.38
T2: 133.40

Balance= $29 104 Position size = 0.7 lot ~ 2.5% risk of capital
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Reasoning

Within the context of my previous analysis https://www.tradingview.com/chart/EURJPY/rtOfrwcn-EURJPY-Two-Possible-Scenarios-forex/

Triangle breakout
Horizontal support breakout


Don't forget to click the Thumbs Up
Wish me luck and best of luck for everyone.

For Trades rules and guidelines follow this link https://www.tradingview.com/chart/EURUSD/van3YvDZ-Journey-to-100-Trades-Rules-and-Guidelines-forex/

My best regards
Technician
Subscribe to my trading portal http://thefxchannel.com
6 hours ago
AAPL, D Neutral
8 226
2 Part Webinar Series on how to create Alerts with Custom Indicators Starts In 1 Week.

Over the last several months I've received hundreds of questions regarding how to create alerts with custom indicators.

The process is simpler than you would think.

During the webinar I will take Live Questions, and code any indicator you're having trouble setting an Alert on in real time so you can see the process, and get the Alert working on your indicator.

Webinar #1 will cover 2 main topics.

Topic 1 - Utilizing the Alerts Panel Properly:
1. The improvements TradingView has incorporated giving you the ability to create alerts with custom indicators.
2. How to use the "Alerts Panel" to find the correct Plot Statements to use in order to create the alerts you want.

Topic 2 - If Topic 1 doesn't work - How To Make Changes In The Code:
1. How to find the condition in the code you want the Alert to trigger on.
2. How to create a True/False condition to get the Alert to trigger according to your goals.
3. How to set up the Alert properly in the "Alerts Panel".

Webinar #2 is for those who really want to learn. After taking the information presented in the 1st webinar, if you try your best to customize your indicator, I will stay as long as it takes to help each and ever one of you with your code. After everyone's indicators are working properly I will take questions on any topic you want to discuss.

The webinar series will begin next week on Tuesday, August 11th at 4:30 pm Eastern. The 2nd webinar date and time will be announced during the 1st webinar session. I will take a poll and let you pick the next day and time..

You can register via the link below.
https://attendee.gotowebinar.com/register/7221366240123560962

Please provide a link to the indicator your having trouble with below in the comments section.

Describe what Alert your trying to get to Trigger. If it's an unpublished indicator or an Idea you have describe it below. I'll take live questions but any comments below will give me the ability to provide examples that will benefit you.

Also leave a comment below if you have any interest in a weekly webinar series where we start at entry level coding, and take it all the way to advanced coding. From a Simple Moving Average, to advanced color coding, to Multi-Time frames, and more. .
20 hours ago
EURUSD, 60 Long
1 617
EUR/USD has made a high of 1.1113 on Friday and declined from that level. It is currently trading well below 100 and 200 day HMA.

Any break above that level 1.100 will confirm short term bullishness, a jump till 1.1035/1.1085/1.1100 cannot be ruled out .

On the downside it is facing trend line support at 1.09150 (trend line joining 1.0825 and 1.08925) and break below confirms intraday weakness a decline till 1.08900/108500 is possible.

The minor support is around 1.09425

Intraday trend reversal only below 1.08900.

It is good to buy at dips around 1.09525 with SL around 1.08900 for TP of 1.1035/1.1085
15 hours ago
USDCHF, 240 Short
6 154
Yes, it's pick-your-cypher time. This pair has been on a steady upwards move for a while now and it's time for some relief in the form of a retrace. So these two cyphers may provide that relief before it resumes it's upwards march.
If that isn't enough patterns to sway you to SHORT this pair, throw in a POTENTIAL bullish deep crab that ends arond the same level as one of the cyphers and you start to get the makings of a nice zone to again go LONG if/when prices get there. Oh, and there is a minor SR structure zone around that area as well.

Good pips to be made if you want to follow the CD legs down. But keep the bigger picture in mind when going SHORT on this pair, I'm still BULLISH until further notice.
https://www.tradingview.com/x/UrWSzfsa/

MY TRADING PLAN
I am already in SHORT for a retrace back down. I will look to get LONG again upon the completion of the lower cypher (pink) and deep crab. I'll exit my SHORTS before then when prices reach the BAMM line of the BAT on the DAILY TF as that is also a MAJOR SR Structure. There's a 140+ pips to be made just with that move. I don't need to take the risk that the patterns won't get filled and that prices will hit structure and reverse back up to continue it's up trend. Remember, this pair is in a STRONG uptrend still so any down move is another chance to get LONG.
4 hours ago
EURUSD, 240 Long
4 296
What I wanted to do here was to focus in solely on the Gartley that has just completed (at the .786 point. Not the .886 point which I know is also a Gartley level). I wanted to examine it further and more in depth to try to pinpoint as best I can if and when prices would turn.

Here's what I found:
1. There is a AB=CD pattern from the A point to the D point. That pattern completes at 1.08753. The .786 Gartley completion point is at 1.08758. Only a 5 pip difference.
2. The internal wave structure of the Gartley is impulse-ccorrection. XA = 5 wave impulse. A to D = combo wave flat-3-flat (flat correction).
3. Of course this Gartley and prices are now well within the "Goldilocks Zone" where prices are most likely to turn.

Although this Gartley (.786 Gartley) does not finish at the bottom trend line of the larger triangle, given the AB=CD pattern having confluence with this Gartley's D point, it would justify a good point to take a LONG position for a possible ride up the along the CD leg of the larger Bearish butterfly (seen on the 4Hr Chart below and in previous posts). Just keep in mind the PRZ of this Gartley and place stops accordingly.

I am taking a long position at this point as opposed to waiting on the .886 Gartley ending point. The PRZ for this is not so large and the risk:reward is needless to say....very good.

*DISCLAIMER:
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!

If you like my posts and find them helpful, please take a second to hit that LIKE button and follow me so I will know my posts are useful to you. Doing so will encourage me to post more! As always, all constructive comments are welcome. Agree or disagree.
16 hours ago
GBPJPY, D Long
3 144
GBPJPY has been bullish for the last three years, we see an impulsive structure unfolding. Impulse is a five wave move and when this is completed we can expect a three wave retracement. In our case that means big three waves to the downside on GBPJPY. However at the moment we see final leg in this impulsive sequence unfolding. We are tracking red wave (5) that can be an ending diagonal with a new high coming to around 197. On the intraday chart we see a three wave setback that can be looking for a support near 192.50-193.00. Idealy market will turn up from this region while invalidation level 191.00 must hold.

www.ew-forecast.com
17 hours ago
GBPUSD, 240 Long
2 314
Cable is trading within narrow range 1.56771 and 1.55483 for the past three trading session.

Today it went up to 1.56168 in Asian session and pared its gains once European session started.

Overall trend is still bullish as long as support 1.5540 holds. Any break above confirms short term weakness, decline till 1.5480/1.5435 cannot be ruled out.

On the upside any break above 1.5600 will target 1.5630/1.56770/1.5690 in short term.

It is good to buy at dips around 1.5590 with SL around 1.5400 for the TP of 1.5670/1.5688.
23 hours ago
AUDUSD, 240 Long
0 301
AUD/USD has formed triple bottom around 0.7250 and recovered from that level on account of better than expected Australian retail sales .

Retail sales come in 0.7% compared to forecast 0.4% .Market awaits RBA rate decision later today which is major market mover .

Technically major support is around 0.7250 and any break below targets 0.7230/0.7190 in short term.

On the higher side resistance is around 0.7300 and any break above target 0.7360/0.7400 .

It is good to buy at dips around 0.72915 with SL around 0.7245 for the TP of 0.7355/0.7395.
13 hours ago
AUDUSD, 120 Neutral
1 265
This is what it's like to have PATIENCE! 11 days ago, I posted about this bullish crab along with the AB=CD completion on the DAILY TF that led me to post this trade. it took 11 days of waiting and waiting and waiting but finally got rewarded! Bagged +194 pips on this one.
https://www.tradingview.com/x/GMDC8mxA/

Again, I post this not just for my own posting/trading record but to teach a lesson on PATIENCE! Not every trade is bang-bang profits. Some are like watching grass grow.

Anyway, if you have this trade, take the profits. Remember, this pair is STILL in a VERY STRONG down trend and I am STILL VERY BEARISH on it. See my long term analysis I did on this pair a while back (see Related Ideas: "AUDUSD: Analysis, Bearish Crab & Why You Should be Looking DOWN" posted 26 days ago). I see some people here are saying this might be the long- awaited long-term reversal but I am NOT one of them! I'll post an updated analysis on this pair soon. Look for it!

20 hours ago
GBPAUD, 60 Short
4 282
Shorting this at market price to grab some pips on this retrace with target around 2.10 or lower. This trade is based on the break of nice support zone and current PA.

Entry: Market
SL 2.125
TP 2.1 or PA based

Disclaimer: https://www.tradingview.com/chart/EURUSD/HR0NplaT-Trading-View-Ideas/
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