If Pattern completes i will go short as shown.. Lets see what the market does over the next day or so..
POTENTIAL BEARISH CYPHER PATTERN ON AUDJPY Predicting Price Will Drop At 83.643
POTENTIAL BEARISH BAT PATTERN ON NZDUSD Keep It simple set and forget and let the market do its thing. I'll be placing my order on this pair. Good luck :)
Hi there, There is a clear 2618 selling opportunity setting up here on EURJPY on the H1 timeframe. If you are not familiar with this strategy, the 2618 trade is a countertrend strategy. Jason Stapleton introduced me to this specific strategy in his free training. Only take trades that are in your PREDETERMINED plan. If you don't have a plan, please get one before...
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My oh my, what do we have here? Rsi divergence with a candle stick that suggest bullish bias/reversal? hmm... Pips to be stolen here :)
Bonjour, do you guys remember this chart? Well, today our "VIP" members took profits on their second position ... 785 pips right before new years is not to shabby. The question now is ... will this pair bounce to the upside or will it continue its move down? That's what we'll talk about later today in the trading room. Why don't you join us?? À...
I had a request from a friend to analyze USD/TRY: On daily perspective I saw a nice classical Elliot Wave with double zigzag till point E correction waves. Before starting the analyze I want you to eliminate the harmonic pattern that I draw there; First we start with trends and the potential of opening trade. PA (Price Action) creates trend and trends give us...
Hi all, This is an update to the Short OGE Trading Plan, which is about Trading a Double Top Pullback. Update as of 29 June 2015: Market has plunged sharply down from $31.20 in the last update to as low as 28.65 on 25 June, and currently hovering at $28.80s. At this point, the bears have used up much bearish momentum pushing the price to $28.65 and we are...
USD/CAD reacted very well to the formation 'Head and Shoulders'. 1.1571 is 200% fib measurement of the low of the right shoulder and the high of the high shoulder. Also to keep in mind we have a 0.618% fib very close (fib of the 2011 low and 2009 high). On the other hand, to give us even more support of this zone, we have a very clear trend line (blue line) which...