GBPJPY Long "Daily Continuation for new highs"Currently in breakout stage of making a new high on Daily time frame.
Trendcontinuation
USDCHF Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on USDCHF. Here as you can see, the market broke below the previous lows of .9155 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .9163. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ .9240, and my target @ .9059.
Opinion: Unfortunately this trade came to fruition before I could post it, and what makes it particularly disappointing is that its a losing trade. But that's just how trading goes sometimes.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
CADCHF Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on CADCHF. Here as you can see, the market broke below the previous lows of .6901 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .6931. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ .6968, and my target @ .6889. Unfortunately this trade came to fruition before I could post it, and what makes it particularly disappointing is that its a losing trade. But that's just how trading goes sometimes.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
NZDJPY Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on NZDJPY. Here as you can see, the market broke above the previous highs of 70.72 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 70.52. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 69.71, and my target @ 71.63. Unfortunately this trade came to fruition before I could post it, and what makes it particularly disappointing is that its a losing trade. But that's just how trading goes sometimes.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
AUDUSD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on AUDUSD. Here as you can see, the market broke above the previous highs of .7197 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .7161. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .7110, and my target @ .7222. So far, this looks like a typical trend continuation pattern. That being said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
USDCAD - Strong Trend Continuation - Trendline Bounce & BreakHi Traders!
The market is in a Downtrend.
As always, let's look at the Daily Timeframe first:
So, we can see the market is strongly respecting the Daily Trendline.
We can identify the Trending Moves and the Consolidation Stages.
Pay attention to that the market is now near the Trendline again.
Now we switch to the main (H4) Timeframe.
The market is falling down after the consolidation.
It has fallen until the next Support and bounced off fastly.
Now it is in a Retracement move of the overall Trend.
It is here in a potential Channel (still need an upper touch to finally confirm it).
The Trading Idea is: Sell the bearish Breakout of the Channel / lower Trendline!
Here are some additional confirmations:
Market in an overall Downtrend
Market at Daily Trendline
200 Exponential Moving Average showing bearish Power
We recommend to trade the Breakout with a confirmation.
Thanks and successful Trading :)!
GBPUSD Long "Daily Continuation"Currently at new high. Looking for a possible pullback to Daily Fib Golden Zone 1.26458-1.26742 as of 7/24 starting the new week.
Continuation for breakout and another bullish week making new highs.
GBPJPY Long BreakoutCurrently pulling back creating a Bullish Flag. Near 30 min Golden Zone Fib retracement level. Will reverse soon to continue trend to new highs 139.000 level.
NZDCAD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on NZDCAD. Here as you can see, the market broke above the previous highs of .8949 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .8895. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .8833, and my target @ .8974. So far, this looks like a typical trend continuation pattern. That being said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
GBPCHF Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPCHF. Here as you can see, the market broke above the previous highs of 1.1916 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.1827. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1.1750, and my target @ 1.1932. Unfortunately this trade looks like it's going to stop me out, but hasn't yet, although I'm fairly certain it's going to. That said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
AUDCAD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on AUDCAD. Here as you can see, the market broke above the previous highs of .9544 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .9512. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .9423, and my target @ .9628. So far, this looks like a typical trend continuation pattern. That being said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
CADJPY Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on CADJPY. Here as you can see, the market broke above the previous highs of 79.66 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 79.05. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 78.28, and my target @ 80.11. Unfortunately this trade came to fruition before I could post it, and what makes it particularly disappointing is that its a losing trade. But that's just how trading goes sometimes.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
AUDUSD - Trading the trend using price action.AUDUSD has been in a decent uptrend of late, so how we as traders can help increase our probability of not only finding a way to enter this kind of market environment but also trading in line with the current trend direction is by waiting for potential bullish signals to form.
If these bullish patterns (in the case of an uptrend) occur after a pullback in price, this can help increase your probability for a successful, manageable trading opportunity and allow for you to execute at a better price.
As you can see from the 15 Minute chart, price started to drive lower while also creating a liquidity gap in the process left open. At the base however we can see price start to form a bullish head & shoulders pattern in the process.
As with all patterns we look to trade we want to wait and look for a higher trend line (in this case a potential bullish move) and be patient for this trend line to hopefully break to the upside therefore increasing our confirmation that the pattern could hold.
For trade management we would look to use the liquidity gap filling as our first target area and also the 72.00 big figure as our next. Stop loss could be placed below the left and right shoulders or below the head of the pattern.
USDJPY - Trendline Break & Trend ContinuationHi Traders!
The market is in a Downtrend.
As you can see the market is in a Retracement move in this moment.
This Movement is in a Formation of a Parallel Channel.
You can also see it as a Bearish Flag Pattern.
In addition the 50 Exponential Moving Average is coming close.
It could give additional pressure too.
We recommend to set the SL above the 50 MA.
Thanks and successful Trading :)!
EURAUD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on EURAUD. Here as you can see, the market broke below the previous lows of 1.6174 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.6290. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 1.6417, and my target @ 1.6122. Unfortunately this trade looks like it's going to stop me out, but hasn't yet, although I'm fairly certain it's going to. That said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
GBPNZD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPNZD. Here as you can see, the market broke above the previous highs of 1.9269 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.9194. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1.9106, and my target @ 1.9303. Unfortunately this trade came to fruition before I could post it, and what makes it particularly disappointing is that its a losing trade. But that's just how trading goes sometimes.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
GBPCAD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPCAD. Here as you can see, the market broke above the previous highs of 1.7104 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.7002. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1.6866, and my target @ 1.7200. So far, this trade is moving in the direction of my target so that makes me hopeful. That being said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
EURNZD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on EURNZD. Here as you can see, the market broke below the previous lows of 1.7189 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.7422. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 1.7594, and my target @ 1.7168. So far, this looks like a typical trend continuation pattern. That being said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
USDZAR Bullish TrendIn Exotics price tends to move at 1. a higher pace & 2. a little bit of an unorthodox style meaning price does not always respect trends/ fibonacci/ market structure. However I will still be looking at this interesting zone to find a bullish entry due to my observations saying that this pair is OverSold.
GBPAUD Bull Trend ContinuationGoing along with the Bullish momentum that is being presented above, by doing so I'll be speculating price action to makes its way to swap levels in the parallel channel to find entry at a level that has been tested multiple times in the pattern.
AUDNZD Trend ContinuationBeen speculating of this pair for 1-2 weeks and just last week it met our conditions of entry but so happened to show us our ideal entry at market close which is very risky especially without knowing what may happen over the weekend, that can put our trade into complete danger. It was better that we closed at entry and be patient on this one, the next entry would be with great bullish momentum breaking above the minor correction channel at trending support.
GBPAUD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPAUD. Here as you can see, the market broke above the previous highs of 1.8133 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.8005. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1.7874, and my target @ 1.8188. So far, this looks like a typical trend continuation pattern. That being said, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
