About a week ago I posted a chart looking at a potential bearish bat pattern on the EURUSD & told you that I'd be looking for reasons in my Live Trading Room to get involved in the move up to that level. Well this week I was able to take advantage of that opportunity & wanted to share with you the video demonstrating how exactly I did so. www.youtube.com I'm...
Potential Bullish Trend Continuation trading opportunity on the GBPUSD. To create my potential reversal zone I've used a combination of structure, market harmonics and Fibonacci tools. Also if you missed it live yesterday I posted a recording of our week 5 trading recap video on my youtube page. If you're new make & you like what you see make sure you give me a...
Hey traders: We have a potential bullish Gartley setup in EURGBP. IF price action drops to 0.76555 the bullish Gartley pattern will be completed. Look left structure leaves clue , Resistance becomes Support as usual, We do have a chance to see the price action bounce from the structure zone, hopefully the stops are below it. We are trading above the 89,144...
GARTLEY PATTERN PAIR: EUR/GBP TIME-FRAME: 4HR TRADE: GARTLEY PATTERN Currently getting involved with a Gartley Pattern on the EUR/GBP 4HR time frame. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com ...
Earlier in the week we looked at a short opportunity on the EURJPY. After a period of sideways movement the market have finally moved in our direction and is slowly inching towards targets. More importantly stops have now been rolled from an area that offered 100 pips of Risk, to the new worst case scenario being 85 pips of profits. (GREAT FEELING WHEN YOU KNOW...
TREND-CONTINUATION PAIR: EUR/USD TIME-FRAME: 1HR TRADE: TREND-CONTINUATION Underlying move is Bearish, looking at Structure for our Trend-Continuation Trade. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: ...
There is possible long opportunity on GBPCAD. But price has to clearly break the structure to the upside. Then wait for a lower timeframe consolidation, before entry. The current move might be exhausted, as its quite an impulse right from the bottom. Trade with care.
This is my first Idea I am sharing. I am still learning so I could really use some feedback from some seasoned traders. Please don't be afraid to blast my trade ideal. I would like to see a retracement back to the .618 where there is some support structure and then back up to the -0.382 extension. I know its been bouncing off the .382 but here isn't much...
CYPHER PATTERN PAIR: EUR/GBP TIME-FRAME: 15M TRADE: CYPHER PATTERN See if we can get a fill on our pending orders for this Cypher Pattern on the 15minute. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com ...
Just a quick follow up from the trade I shared with you guys in last night's video looking at a trend continuation opportunity on GBPUSD. As the market established a double top overnight, counter trend traders will also have an opportunity to involve themselves in a 2618 trade as well. Make sure you check out yesterday's video for an explanation of the TCT...
After being stuck at the "D" completion point of a daily Bat pattern completion we've finally seen a break to the upside on this pair. We've not run into higher time frame (HTF) structure and I wouldn't be surprised if we saw some relief in price action. This trade setups offers something for both counter trend and trend continuation traders. For the counter...
We have a potential bullish Cypher pattern which is completing @ 83.711. Price action will probably test the structure support and make a good climb to 84.00. Price action trading above the EMA, Good time to catch the Dip using the bullish Cypher pattern, Use proper money management, it is very very important. Cheers.
This is a bearish TCT setup to get us back in the direction of the overall Bear Trend. This trade is @ Market since we are banging up Resistance. Since we are so close to Resistance this trade gives us a good Risk/Reward. Stops - 1 ATR above last swing high Target #1 - Retest of Previous Lows Target #2 - 1.27% Fib Ext
Hey traders! Have a potential bearish Gartley pattern completing @ 0.92190. Price action has put up a new structure low followed by the recent lower low. XAB and C rules criteria's are met now expecting for the D wave completion. Price action trading below the 89,144 Ema . We see a structure support which became resistance, Notice the X leg of the potential...
Hey traders! I have got all the reasons to long this pair at the completion. First of all let us look left for a second and identify the structure support which is just at the completion level which gives us pretty much confidence that price MIGHT reverse from there, Also if you look at the RSI we have already a bullish hidden divergence . EMA crossed over...
No to much on my radar today, but then again, most of my analysis for the week comes after the Monday New York close. I did get a few questions to follow up on my last post. i'm a little late but here are my thoughts on the GBPUSD. If you remember last week we were keeping our eyes on a potential short opportunity as price action made it's way up to previous...
Hey traders we have a potential Bullish Bat pattern about to complete @ 82.294. We have a Bullish hidden divergence in RSI with structure support zone around the completion area. Expecting a small reversal to 82.720 first and then to 82.974. Stops below X 1.13.
USDJPY is still holding its current downtrend on the 60min chart. Until this trend reverses I will continue to sell all rallies. Currently we have a Gartley, ABCD Pattern, and Fib Inversion all lining up in that "Sell Zone" (Purple box). This gives us a CTS score of 8. If the RSI goes Overbought and/or we get Divergence on it, then we could have a score of 9 or...