Basic Technical Analysis done here to establish a very nice Long setup. Stops below 1.121 and targets at previous resistance levels. Please leave your thoughts, comments and a like if this was helpful! Happy Trading!
1. If price reaches the completion of this GARTLEY pattern I will sell. There are three structure highs close to the completion point of the pattern. 2. Stops will be placed above the highest point which is also the A point of the potential BULL BAT pattern. When several highs are close together the highest point often gets tested. 3. Target 1 is slightly above...
1. If price reaches the completion of this BAT pattern I will wait for a reaction (Engulfing bullish candle, Tweezer bottom, etc) within the PRZ. This entry zone has acted as support in the past. It is also at a 1.272 fib inversion. 2. Stop is placed at the 1.13 fib extension of the XA leg. 3. Target 1 is below the 38.2 retracement of the larger down move and...
Stop is placed at the 1.13 fib extension of the XA leg Target 1 is at the 38.2 retracement of the CD leg. Target 2 is at resistance at the C point. Target 2 stops are trailed using the DNC indicator. Both stops are moved to breakeven when target 1 is hit.
VIDEO: www.youtube.com Hello and good morning traders. Looking at taking a short on the EUR/USD 4 hour time frame. Stops and Targets are in place and following our trading plan with our trades. Please watch the above video for analysis. Star Prosper Philip Stewart
VIDEO: www.youtube.com Hello and good morning traders, hope everyone is having a great morning and getting ready for a big day trading. Looking at the AUD/USD pair on the 4 hour time frame, we're trading a bearish trend continuation trade to the downside and with strong USD figures coming through, we're looking to line up with a good entry point around this...
Hello and good morning traders, I hope you all had a great trading day yesterday. Lot's of big moves, making way for great opportunities. I'm looking at the EUR/USD today on the 4 hour time frame and we've come into an 886% completion for a bearish bat pattern. Stops and Targets are in place, looking for a potential move down into Target 1. Star Prosper Philip Stewart
VIDEO: www.youtube.com Please watch the above video for today's and this weeks trades. Best of luck today in your trades and let's keep an eye on this bearish cypher pattern together. Star Prosper Philip Stewart
Hello traders, I'm looking at the EUR/GBP chart on the 4 hour time frame, but on the 15 minute, we've had a nice simple double top / 2618 setup. At the same time we have a trend continuation move and a 618% retracement from our swing high to swing low right where the double top has formed. We have taken the opportunity to short the market with stops and targets...
VIDEO: www.youtube.com As promised, here is the EUR/AUD 4 hour trade that was entered today. Video about the trade is viewable above. Star Prosper Philip Stewart
VIDEO: www.youtube.com I'm terribly sorry, but we had rendering problems within YouTube with the last video upload. I've gone ahead and re-uploaded the video and the audio is now fixed. Please watch the video for our trade ideas for the day and what we're keeping an eye on. Star Prosper Philip Stewart
Also looking at the EUR/CAD pair on the 4 hour time frame, we have a potential bearish cypher pattern to trade as well. I've been watching this for quite some time and we might not get a pop up into 1.40503, but IF we do, we will have a D-LEG completion ready to trade the EURO bearish movement. I thought I'd still share my insights and analysis, for those...
YESTERDAY'S VIDEO: www.youtube.com Good morning traders, here is yesterday's video for those who've missed our daily Forex Trading videos. I'm looking for a short structure trade on the GBP/USD into a PRZ / FIB CLUSTER / CONFLUENCE as my targets. Have used the IF=THEN syntax in this trading strategy. IF the market comes up into 1.54597 THEN sell the market...
TRADE IDEA VIDEO Can be viewed @ starprosper.com This trade idea is based on the fundamental news and is not to be taken on a literal sense. This is my trade that I'm willing to take based on Technical analysis and what's happening within the economy and sentiment. To view my entire trades, please view the latest video @ starprosper.com I post trading videos...
Have a long structure position on the GBP/USD on the 1 hour time frame. Stops below the swing low and TP is at previous support becomes resistance. Star Prosper Philip Stewart
VIDEO: www.youtube.com Hello traders, I'm looking at a long opportunity here on the NZD/USD 4 hour time frame. Stops are below the swing low and targets are at previous structure. Please watch the video above for how I analyse certain trades in the market. Star Prosper Philip Stewart
VIDEO: www.youtube.com Please watch the above video for the thoughts and trades on today's radar and over the weekend. Star Prosper Philip Stewart
VIDEO: www.youtube.com Potential Cypher Pattern on the NZD/JPY 1 hour time frame. Last trade for the day, please refer to the video above. I do release daily videos to everyone whom wants to follow along and trade together. Star Prosper Philip Stewart