Here we got the infamous Bat pattern that gives us that good R:R we loves so much to get the week started. The setup appeared after we got a good cluster of double / triple bottoms to make a "floor" or a support area where we can put our stop behind to give os some protection. Bear in mind this is a very counter trend trade, but its also a high reward one!
On...
Earlier today i shared a Cypher pattern that i got a pending order at, but now il looks like we formed a bearish bat pattern also with the 4hr trend, so if price retrace all the way up there, we got a really nice R:R trade waiting for us with the intra day trend. Look for RSI to go near oversold condition!
Kind regards
Thomas Jeff
If you´ve been following me the euro have been very good to us this past weeks with 3 winning trades and 1 loss. For monday i´ve got a Bullish Cypher pattern if price heads south to but it up at strong Support.
If price heads north we are gonna sell it at the blue Bat pattern at a lesser, but still good reistance area, but compared to the Cypher this pattern got...
Here we got another one of the infamous harmonic patterns with trend on the 4hr timeframe. This pair have been a little choppy the past weeks, so look out for how the price action is going to behave. We need an over sold RSI and a good retracement. Since this is a with short term trend we got 2 targets, i recommend to close half position at target 1, move stop to...
Here we got a yet another Gartley pattern with a little bit better Risk : Reward than the previous one. The stop placement is kind of a compromise, it should actually be above the las structure high, where i got the circle but it will make an inverted risk reward to target 1.
So let´s hope the Greek nightmare decissions will not kill us on this Kiwi trade in the...
Here we got one more of the infamous bullish Cypher patterns in a very sideways choppy market, RSI still needs to come down a lot just as price have to, so watch out for the price action when we get more near the entry level. We got a lot of news this week so it can make for some even more choppy market conditions.
Kind Regards
Thomas Jeff
Here we got a potential Bearish Cypher pattern about to complete on this sideways / uptrend madness that nobody wants to trade, but thats what patterns do best! Lets look out for the RSI to go over bought and then we sell like there is no day tomorrow! =D
The offer on an entry to the Advanced pattern trading room here on TradingView is still open so please PM me...
Here we got yet another of our simple patterns, going short on yet another trend continuation trade, look out for RSI is going oversold - so watch price action from now on. Price action made a double bottom so we are looking to catch a retracement and there for only got 1 target.
If you have been following me and have followed our track record of now 631 pips...
Here we got a Bearish bat pattern with strong trend, if we get a retracement to out entry it should be a very rewarding trade. So keep an eye out for price action and the RSI to become overbought.
Hope all you that check out my ideas followed the ramp we were on last week with 8 winning trades and zero loosers and 530 pip profit in the bank. I´m interested in...
Last week this major went up a total of 160 pips, gaining ground for a third week in a row and reaching highs not seen since 2002 . On Monday three US data points came out better than expected (including the high impact ism manufacturing pmi) resulting in a 100-pip rally. Tuesday we saw overall dollar weakness while commodities like gold and oil rallied. But the...
Here we got the Aussie that went down to major Support several times, marked in circle the last hit. Here we got a big retracement with a double top, where we hope to capture a new downmove down to the major support on this Cypher pattern. Watch out for the RSI to move in to overbought condition also.
Remember this is kind of a counter trend move, at lease on the...
While we are waiting for the original Bullish cypher to complete after the double bottom, this pattern turned up, so if price retraces during the trend continuation we got a chance to ride it down a little but. Its counter trend so we only have 1 target! RSI is floating in the middle just as the price is in the middle of the two patterns, so lets see whats going...
Here we got a potential Cypher pattern to enter the new bullish sentiment on the 4hr timeframe on a retrace to the 0.786 fib. We are looking for the RSI to reach over sold zone as well for confluence. But be careful its NFP tomorrow so watch your trade carefully if you get an entry before the news!
Comments good or bad are very welcome.
Kind regards
Thomas Voss
This is a repost of a post i made last week, i just want to announce that its close to completion with RSI overbought so keep it on your radar the rest of the day and tomorrow. Its a trend continuation trade. so let´s get that reversal!
Comments good or bad are very welcome
Kind regards
Thomas Jeff
Here on the Japanese index we got a Bat pattern setting up where we are going to buy it up from previous support / structure level, but we still needs to wait for it to come down a bit more and the RSI come more close to the 20ish oversold condition, but its not a must for taking the trade.
Comments good or bad are welcome
Kind regards
Thomas Jeff
Here we have a potential Cypher pattern going long in to major support, price still got a way to go and so has RSI before it becomes over sold, so lets keep an eye on this over today and tomorrow.
Kind regards
Thomas Jeff
Here we got a Bat to look out for tonight, its against trend so we only go for target 1 to protect capital. RSI is on its way to over bought condition.
Today we got a hit on the AUDCAD Bat, but got a target 2 winner in a Bat on GER30 index. Currently we are in a short position on a Cypher on USDCAD. And we just entered long on a Cypher on EURUSD so lets see what...
The smaller Cypher pattern on the H1 that i posted yesterday got invalid this morning, because price went past the C leg and it did not retrace enough to hit our entry.
So here we got the bigger pattern where we expect price to slow down and possible return within our zone between Entry and stop. Stop is placed just above the last resistance point so it should...
