Pair: USD/JPY Poisition: SELL Pattern: Bullish Cypher Timeframe: H1 & H4
Pair has had a Bullish trend for a long time. Setting up for a Bearish Pull Back Short trade 1st Entry is a break-hook-go trendline breakout pattern on a 15m chart 2nd Entry is a Sell Stop @ 1.8145 SL @ 1.8260 Sell Take profit @ 1.8075
Price has made a range pattern Price has not broken out of the range Price returning back into the range My Sell Stop is @ 1.3155 My Take Profit @ 1.3055 My SL is shown Macd is over bought Macd has crossed below red line - bearish bias
Price is below 50 sma Long trade Price breaks above 50 sma Buy Stop @ 1.5185 Buy Take Profit @ 1.5249 You determine SL Short trade Bearish continuation Sell Stop @ 1.5125 Sell Take Profit @ 1.5035 You determine SL
Price is in a double range box Long Trade Buy Stop @ 111.62 Buy Take Profit @ 112.00 You determine SL Short Trade Sell Stop @ 110.95 Sell Tke Profit @ 110.65 You determine SL
Pair has broke out of the bottom range Sell Stop @ 1.2990 1st Take Profit @ 1.2940 2nd Take Profit @ 1.2905 SL @ 1.3035
Price closed below 50 sma 1st Sell Stop @ 1.7695 2nd Sell Stop @ 1.7665 Take Profit @ 1.7620 SL as shown Macd at zero line Watch Macd drop for direction confirmation
Pair is at the bottom above the 50 sma Price can move up to the 100 sma Long trade Buy Stop @ .6800 Long Take Profit @ .6858 You place SL Price can break below 50 sma Short trade Sell Stop @ .6773 Sell Take Profit @ .6691 You place SL
Price in a range Price in center of range Long range breakout buy stop @ 110.74 Long TP @ 111.055 SL shown Short Sell Limit @ 110.65 Short Range breakout Sell Stop @ 110.265 Short TP @ 110.01 SL shown
Price is in between 50 sma and 100 sma. Price fell half way to 100 sma and returned to 50 sma Price should fall toward 100 sma Price at 100 sma will either cross below 100 sma or consolidate sideways Sell stop below 100 sma @ 1.7795 Take Profit @ 1.7728 SL as shown If price crosses above 50 sma trade void
Price has broken below 50 sma and went about half way Price could continue to 100 sma or rise back up to the 50 sma Sell limit placed if price returns to 50 sma Sell Stop placed if price continues to 100 sma SL placed Take Profit is the 100 sma Watch Macd
NZDUSD is in an bullish uptrend. It has moved sideways in a range Watch Macd for direction Bullish Range Breakout Trade Buy Stop .7073 Take Profit .7150 SL below Range top Bearish Range Trade Enter below 100 sma Sell Stop .6965 Take Profit .6902 SL above 100 sma
Price moved above 100 sma Price has 2 options besides moving sideways Option 1 - Price continues up into Pending Sell area 1.1809 & 1.1830 - Sell from here - SL 1.1845 Option 2 - Price falls into Sell Stop @ 1.1767 - Take Profit @ 1.1730 If price continues bullish move above 1.1850 wait for new setup If price falls below 50 sma Sell Stop @ 1.1625 Take profit @...
Price has been above 50 sma If price breaks below 50 sma I have a sell stop waiting @ 1.1647 Take Profit @ 1.1555 Stop Loss @ 1.1747 Need Macd to cross below Red signal and zero lines. Also blue dotted +80 Stoch line - over bought Close trade if Macd crosses above Red signal line and if market indecision makes small bodied bars hovering above 50 sma.
Pair is in a bearish move. Market has paused and not broken above the 50 sma I have a sell limit @ .7627 if price breaks above the 50 sma If price stays below then I have a Sell Stop @ .7605 Take Profit @ .7575 SL @ .7647 Macd to cross below blue dotted +80 Stoch line and Red signal line
GBPAUD is in a Day range pattern Price is at the bottom of the range and also at a long term sup/res level Price can bounce off range bottom or breakout and continue the trend Day Breakout trade - Sell Stop @ 1.7520 Take Profit @ 1.7420 Watch Macd to cross below Red signal line - close trade if Macd crosses above Red signal line again 4H Reversal Trade 1st Buy...
STRONG GBP GBPAUD 4H Buy Stop @ 1.8090 Take Profit @ 1.8150 Macd - watch to rise above Red signal line WEAK GBP GBPUSD 4H Sell Stop @ 1.3445 Take Proft @ 1.3375 Macd - already below Zero line & Red signal line