I just put out a video going over my results from 2016. Although 12% is not the greatest return, considering how crazy this last year was, if you broke even in 2016 it should be celebrated. Here is the link to the video if you are interested. youtu.be
Now on the chart here, we have a massive potential cypher pattern on XAUUSD. Now I don't actively trade this...
We are currently taking our break right now, but during our live trading that we are doing today in the Live Pro Trader Workshop we came across this bearish cypher pattern on the EURUSD. Now this one has an inverse risk/reward ratio, so you need to follow your rules to see if this meets your risk profile. For myself personally, this pattern has such a high win %...
Just had day 1 of the pro trader workshop. It was a great morning, and we covered a ton of stuff. We will be having day 2 tomorrow morning starting at 8am est and if you missed this mornings stream and you want to watch it, here is the link. youtu.be
One of the things that we will be covering tomorrow morning will be the Technical Scoring System. This is a great...
Next week I will be live streaming the Pro Trader Workshop on you tube. It will be a total of 5 days and will run from 8am est to 11am est. We will be covering everything from basic structure analysis to trend trading and money management. If you are interested, here is the link. www.youtube.com
As for the chart, we have a bullish cypher pattern here on the...
Nice consolidation setup here on AudJpy. You got nice structure to the left, you have a ab=cd pattern with ratio confluence. And finally i got my entry signal at 14:00 (the candle marked by the blue arrow) with the double top on bearish divergence. There is also a gartley pattern in this mess, but since i missed the entry with a limit order, i had to build a...
I just put out a video breaking down this potential setup on the NZDUSD. In the video I cover: using multiple time frames, harmonics and Fibonacci. I also cover how to manage potential structure trading setups like this one, if and when you are in them. For those interested, here is the link to the video. youtu.be
Good luck and Good trading!
You have a potential bullish Gartley pattern that will complete right at the major support level on the GbpJpy. This support level has held since the decline after Brexit, and it is as good a place as any to look at getting long. Add the Gartley pattern completion and you have a nice potential setup.
I just put out my weekly forex preview on my you tube channel...
Hello Traders,
We have a potential Cypher pattern on this pair.
This completes @ 1.3108
Target 1 @ 1.3017
Target 2 @ 1.2959
SL @ 1.3215
Feel free to follow like, share and comment
Hi Traders,
There is a bearish bat formation completing at 0.72030. Current market price is still fairly far from our entry, and if price falls below the point marked 'A', this pattern and trading opportunity will be invalid.
Entry: 0.72030
Stop: 0.72320
Target 1: 0.71620
Target 2: 0.71330
As with all Bat pattern setups, this trade has an excellent risk to...
Each Monday I hold a private training lesson for our Transformation members and today the topic was the Combined Technical Scoring System (CTS)
During the lesson I talked to them about my personal journey & how I went from a very conservative CTS trader to someone who no longer requires a score. With that being said I've ingrained the process into my daily...
A Cypher finishing on NZDUSD 4H. Previous structure high 30 pips above .786 entry spot could prove for a better entry and reversal. T1 on .382 (B Retracement is previous resistance, could prove a good support test before continuing to T2) and T2 on .681 CD leg. RSI divergence on overbought with price action losing strength to the upside.
An odd looking Gartley but a Gartley nonetheless is finishing on EURUSD 4H chart. A Bounce on the .786 XA leg would also begin the CD leg of yet a larger Bearish Gartley. Structure lows provide good argument for LONG entry along with an RSI entering oversold levels. C point coincides with .382 retracement of AD leg and is also previous structure high giving a good...
A Bullish CYPHER pattern coming to a finish on CADCHF 1H. RSI sliding toward oversold territory favoring a LONG entry. First target @ .382 retracement of CD leg. Previous structure lows around .74638 could provide a slightly better entry just below the .786 retracement level.
A Bat pattern is coming to a finish on CADJPY 1h. First target @ .382 retracement of AD leg. However, previous structure lows could provide better entry a bit below the .886 XA retracement @ 82.356 to 82.206. Price action around those levels will signal a better entry perhaps. RSI is heading into oversold territory supporting a LONG entry.
A Gartley coming to a finish on EURCAD 4H. First target @ .382 retracement, Secondary @ .618. Decent R/R ratio. RSI coming into oversold favoring a LONG entry @ around 1.43201.
Bullish Butterfly pattern finishing on 1H EURJPY. 1.27 extension on previous structure favors long entry with RSI on oversold. Previous structure support provides good target for TP1. Price action loosing steam approaching 1.27 AB Ext providing a nice PRZ.
After some consolidation the range broke to the upside on EURUSD 4H, it provides good opportunity to wait for the retest of support. Price broke through previous structure targeting next previous resistance.
