LATEST VIDEO: www.youtube.com *ROLLING FIBS ON THIS TRADE* PAIR: EUR/USD TIME-FRAME: 4HR TRADE: BAT PATTERN NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
b]GBPAUD: 1. Sterlingaussie has been aggressively bid higher for the last 7-days on the back of sterling data outperforming last week, broad aussie weakness and a general recovery from lows. 2. Statistically, after analysing the last 16.5yrs of data it shows the probability of a 8th day or more of buying is 0.254% which means there is an implied 98.78% chance...
GBPAUD: 1. SterlingKiwi has been aggressively bid higher for the last 5-days on the back of sterling data outperforming last week, broad aussie weakness and a general recovery from lows. 2. Statistically, after analysing the last 16.5yrs of data it shows the probability of a 6th day or more of buying is 1.22% which means there is an implied 98.78% chance that...
AUDNZD: 1. Aussie kiwi has been aggressively sold lower for the last 8/9 days, with the bullday being only 4pips higher (pretty much 9 straight days of selling) and most recently the last 4 days have been pure consecutive closes lower. 2. Statistically, after analysing the last 16.5yrs of data it shows the probability of a 5th day or more of selling is 3% which...
This is a nice setup that caught my eye. The black lines are my entry area, the red line is my stop, and the green line is my intended target. The two negatives about this setup is that normally I would only take setups that offer me 3:1 risk to reward, but if I feel the setup is high probability, I will from time to time take less than 3:1. This setup offers...
For those looking for valid entry reasons: Bullish Cypher Pattern within trend at previous structure. Market respected the level past two day (see wicks). Make sure to trade your plan! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Reasons for trade: - Up trendline broken by 1hr supply zone - Supply zone taken out 1hr demand zone (confirm downtrend) - Clear path down till 114.300 - >3:1 R/R
LATEST VIDEO: www.youtube.com PAIR: EUR/USD TIME-FRAME: 4HR TRADE: CYPHER PATTERN NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
There is a good confluence of 78.6 and 127 plus an ABCD completion. if the ratios keep up, then we have an awesome trade. though the risk displacement is a little higher. Should be 1:1 or 1:2 if 618 is hit/. Good luck. Regards, Hearty
High probability with many confluences to the naked eye, 4 hour price action will bounce of the 38.2 FIB zone or the daily resistance if broken the 238 FIB and then continue the downtrend, creating a short opportunity.
Looking at a 1 hour chart, there are great things going our way. We see that the ADX shows very low power, and that the pair will make a big move soon. Since the ADX shows power being built up, we need to look for which way the move will be. The MACD shows downward momentum, and there is also divergence in the MACD. Take a look at the RSI. There is also...
With the indicator "Percent Candles Not Revisited Past Week" (bottom one). I count the number of candles that have NOT BEEN revisited at all during the past week. For example that we have reached a top of 3040 and the market has not revisited that price in a week. Well, it seems that price gets revisited pretty frequently. In this past week, only 5% of the candles...
Eurusd has big probability to break the channel downstream I believe that this will be a short-term good opportunity
Potential double top reversal. Short Daily descending trendline Hourly double top forming Horizontal Resistance at 1.094 Bearish MACD divergence
USDJPY reentered 1st standard deviation from weekly (120-h) mean after a sharp drop earlier this week In my previous chart I also mentioned that USDJPY held long term levels (see related) Price is now likely to tag the weekly mean, as it moves into usual lateral range USDJPY is also supported by BOJ, continuing its extensive monetary stimulus Traders can take...
EURUSD has broken above 1st standard deviation from quarterly mean (66 days) amid expanding volatility (measured by 3.2 standard deviations from quarterly mean) Upside probability is apparent, and the closes target is 1 year mean (264 days) at 1.1685. Move is confirmed when price breaks above relevant highs (1.1485) Stop level is quarterly mean (at...
GBPUSD is trading close to the 1st standard deviation from weekly (120-h) mean, but it has no slope. Volatility is not expanding (measured by 3.2 standard deviations from weekly mean) and is also flat. Thus there is not enough slope/expansion to show probability of trend - the Cable is likely to revert to the mean. Traders can pick shorts at or close to the...
AUDUSD is trading at the relevant highs above (but close to) upper 1st standard deviation from weekly (120-hour mean) -- which is a border of potential uptrend. However volatility is still compressing (measured by 3.2 standard deviations from weekly mean), thus risk of mean revertion downward is still there. Traders can pick longs close to the relevant highs...