A FOLLOW UP ON THE PREVIOUS PATTERN I POSTED. STILL LOOKING FOR FURTHER GAINS DOWNWARD.
FOLLOW UPS ON THIS PAIR IN COMMENTS!! Following up from last night, i was watching this pair for a while, and notice the persistence of price action upwards. i haven't given up on this pair as yet, just another possibility. stops placed at the close of C, so i'm still waiting for the downward move. If you want to play it safe you can always get out and reenter...
another opportunity to get a long haul on this pair. :)
waiting for proper confirmation of a reversal, can pick up just about 40 pips on this move.
i've been following this pair on the hourly time frame for some time now, and notice some inconsistencies occurring, so i went to the higher time frame and saw this setup. currently the price is trading at a strong support level(support because i'm viewing the overall structure bullish trend) so if price break past this level, i'm looking for a reversal at the...
this morning i posted a trade on this pair stating that we are looking for targets at the 1.618. however we are seeing a slight pull back that may scare a few folks into pulling out too early. this morning i mentioned a bit about pattterns always completing, so i'll show you what i mean and why you should stay in till target. look where i placed the black arrow....
This is one of those trades that most persons will love, the type that jump out at you. Price moved last night from the previous high 61.8 retracement and fell exactly to the 1.27 extension. then we are now having a pull back. Measure AB=CD and you will find that price lines up exactly at the 1.618 extension. know this about AB=CD, they always complete, i don't...
I tested some aspects of this strategy on the NZDUSD pair, and it went really well. i'm now testing it out on another pair to see if it's a pair specific strategy or overall. Even though i consider this trade a strategy test, or any other test, the first move is always something that is most probable above all others, i would trade this first move, but i'd wait...
PREVIOUSLY I HAD A STRATEGY TESTING ON THIS PAIR WHERE I WAS ABLE TO PREDICT 4 TARGETS IN THE FUTURE, HOWEVER, MY FIFTH AND FINAL TARGET WAS A BIT DELAYED BY THIS PATTERN THAT IS DEVELOPING. I DON'T FULLY UNDERSTAND HOW TO USE TRADING VIEW AS YET, BUT WHERE THE ARROW STOP IS NOT MY TARGET. MY TARGET IS LOWER, BUT AS USUAL I WON'T USE ANY LIMIT FOR THIS ONE, I...