Hey guys, in this video I'm going to walk you through my higher timeframe analysis on the $DXY & show you how I create a directional bias on the higher timeframes followed by what clues I use for added confirmation as I work down to the lower timeframes & look for potential reasons for entry.
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Hi guys, this is my though on EURJPY,
EUR is getting week no doubt due to USD strength, but still I asking myself about this setup initially...
Turnout, I still believe that 2nd attempt on the breakout is naïve and childish. There's is so much more reason for me to buy EUR compare to JPY.
That's why I planned out this trade with a seconded similar ideas on the...
My software has already entered me into the trade shown. As soon as price moves down 0.2R my stops will automatically follow. Could be a quick in and out, could see a pump lower, in which case the stops will just water fall down 0.2R away from price.
My software has already entered me into the trade shown. Stops are currently at break even after price has moved 0.2R in our direction (as indicated on the chart). It's already a risk free trade so we're now just going along for the ride. Could be a quick in and out, could see a pump higher. It's of no risk to me.
Here's a look at a potential bearish bat pattern on XAUUSD (GOLD/US Dollar). The green box on this chart represents the potential reversal zone of this pattern formation.
Akil
Bearish bat pattern formation if we get a D-completion. We are looking for selling pressure and any sort of bearish price action before taking this opportunity. Note that the bullish momentum has to slow down before taking this trade otherwise, we may be blown away by the bullish momentum charging into our completion zone.
AUDCAD H1 - SHORT
A trading opportunity arises as we approach the market week. Bearish bat pattern formation @0.98150 area where D-completion is made. Look for bearish pressure or selling interest for a move down towards the next support area.
CADCHF H4 - SHORT
Cypher pattern with D-completion at 0.786 fibonacci retracement of XC leg.
Look for selling opportunities within the D completion and resistance level for a SHORT opportunity. Otherwise, you can potentially place a SELL LIMIT ORDER @0.70363 for a sniper entry to catch a 1:2.5 trade towards the next support area.
Understand that this is a...
this is haidojo and the number is 201 ...
seems like our fcpo-jan has regained its momentum in the uptrend...
so, whether it will slowly glide upward with some advanced patterns formation or shoot-up straight away is unknown...
if u are trading on breakout...keep your eyes open...
i revise the strong resistance frm the current 3030-3100 to 3030-3130...because...
Hey everyone I have two Harmonic Patterns setting up here on the EURUSD similar to my last post on GBPJPY. There is one setting up to the upside and downside. They have pretty deep D completion points so there is going to be a decent risk reward. Markets are clearly channeling so until we break this I will be looking for structure plays and pattern setups.
-Raymond J.
Hey everyone I have two Harmonic Patterns setting up here on the GBPJPY. There is a Bearish Gartley Pattern close to completion and if we can move down we have a Bullish Gartley Pattern setting up as well. The Pound pairs have been giving us a lot of chop and in these markets I look for structure plays and advanced patterns.
-Raymond J.
this is trade 170 frm haidojo trading...
obviously, now is sideway market...sideway/consolidation breeds advanced patterns...
now we have a possible bullish bat pattern...entry at 1484, SL 1474, tp at 1506...no extended target...
if you have never heard of advanced pattern/bat pattern before, juz ignore this pattern...
trade according to your plan, as the saying...
