HELLO TRADERZ! SO, WE MAY HAVE A POSSIBLE ABCD PATTERN COMPLETION ON USDJPY ON THE HOURY CHART. WE'RE GOING TO USE THE "IF/THEN" METHOD. IF WE GET A COMPLETION OF THIS ABCD PATTERN, WE'LL BUY AT THE 1.272 EXTENSION, WHICH ALSO COMPLETES THE C TO D LEG, AND IS ALSO IN CONFLUENCE WITH PREVIOUS STRUCTURE SUPPORT. OUR TARGET WOULD BE THE 61.8 ON A FIB OF THE C TO D...
COUNTER TREND TRADE PAIR: NZD/USD TIME-FRAME: 4HR TRADE: COUNTER TREND TRADE Took a Counter Trend Trade on the NZD/USD 4HR time frame. Let's wait and see what happens. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: ...
Longing AUDUSD on this beautiful 1 hour pinbar in obvious uptrend. Our stop is the last low. we have two strong resistance levels until then and hopefully we will continue to the upside. Risk:Reward = 1:2. - Trade with the trend, you wouldnt try to roll a stone up a hill when you could just as well roll it downwards.
TREND TRADING WITH RGMOV AND CCI 1. BUYS = Watch for RgMov to make a 2-month high, then buy CCI readings of -100 followed by trading above, then closing above a previous day's high. Exit at 3 ATR rally or when CCI reaches +100 adding each 1 ATR advance. Stop = 3 ATR's OR if RgMov makes a 2-month low on a closing basis (2 months = 44 days) 2. SELLS = Watch...