Small stop, very profitable trade. When this pair reaches strong resistance at 1.05000 level, expect a pop out of the market this week/next week too
Hey guys, Just been entered into an NZDUSD Bullish Bat! A little late with the publishing of this but only recently had time to check my charts. Entry according to my rules is at the 88.6% retracement, however of course follow your specific and tested rules. Aiming for both T1 and T2 with this, and a relatively small pattern for this timeframe so shouldn't pose...
It may be too late to jump in on this one, as the risk is about $20/share in option value if it turns against us.However, if you can stomach that kind of risk and have the capital, a .75 Delta ITM Put with 2-3 months of time value could win big. Today's slight rebound allows for an equivalent entry to the closing price from 11/10/2016. Trail your stop to the Red...
Hey traders, USDJPY 4H has just put in a nice Cypher pattern. I was actually involved in this last night when the 0.786 retracement of X-C was hit, however this morning it has pushed slightly lower and is still valid. As a result, you're getting a better Risk Reward on this pattern. Will be looking for the usual double target positions and rolling the stops from...
Hey guys, Here we have another potential Bullish Bat pattern forming on EURUSD 4H. Above a 1:1 Risk Reward on this pattern. We haven't quite broken below the B leg which would suggest a press lower to out D completion, however the overall bearish momentum in this pair would suggest a press down into out D point. Will be keeping an eye on this pattern and...
Hey Guys, Been a while waiting for our next trading opportunity but the important thing here is we don't try and force a trade. We currently have an at market Bat formation on EURJPY 4H, providing us with a 1.5 R:R to target 1. Will be looking for a press to the downside and the nice indecision candles around this area suggest selling pressure. As always, trade...
PAIR: GBP/USD TTF: 1HR TRADE: PATTERNS NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
PAIR: EUR/USD TTF: 1D TRADE: ANALYSIS NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Hey guys, Just found an at market Cypher pattern on AUDUSD 4H following our loss on this pair last week. I actually missed the conventional .786 entry however the pattern is still valid as X @ 0.7680's hasn't been broke. This is actually giving us a much better Risk Reward, especially for a Cypher pattern. Note - if X had been broken this would be an invalid...
Hey all, Woke up this morning and noticed a smaller Bat pattern forming on the 4H chart. Although we haven't broke and closed above the B point yet, we have pushed higher - will be waiting for the candle close. Still have my orders placed on this as we could spike up and get filled. Looking at a nice Risk Reward and a relatively small stop loss for the 4H chart....
PAIR: USD/JPY TTF: 4HR TRADE: GARTLEY PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Inverse H&S formation on the Daily TF which we have just completed the RS and are currently in the BUY ZONE. Upon the break of what was acting as a previous support (now resistance) of 1.70525 I will be looking for a long entry. Most likely looking for a break above the 23.6 fib. Just over 2:1 R:R Ratio, will keep my eye on this as the day progresses.
USD/CAD - A lot of confluences to see a bullish continuation upon a successful breakout of around the 1.32400 level. Bullish engulfing candle on the daily time frame too, i will wait for a break and close above the resistance area on the daily TF before going long.
GBP/AUD - Close to entering short on this pair. Waiting for a clear break below the 61.8% fib level as it appears to be an area of strong support. Let me know your thoughts.
1 Hour Advanced pattern, Short @ 0.71321 Targets @ 38% retest, further targets... looking to retest previous structure low
Advanced cypher pattern, 15 min time frame. D completion @ 1.45161 level (Major Daily Support/Swing level) 30 pip T1 targets
AUDCAD is now sitting on key level of support which was a key level resistance. We have logical entry and target point with a potential 5 to 1 winner.
Reasons to sell: - Leaving daily supply zone - In line with downtrend (demand zones being broken on smaller timeframe) - Favourable risk/reward