Its a game of Cat & Mouse between the Bull & Bears but my Bias is UP.
Check out Dollar Index correlation and any fresh data and interest rates out the US that facilitate a strong dollar for this to pay out. So far, the indications point to the EURUSD maintaining resistance at the top of the channel here.
As described on a video using classical harmonic patterns and new MMD methodology there might be couple of profitable moves on EUR/USD
Hey guys, this is Terry. In today's video, I will be sharing a Harmonic pattern I spotted on the daily chart as well as highlight areas to go short on the shorter term timeframe. With the trade wars heating up, my experience tells me that USD could rebound against most other currencies as it is often deemed a safe haven. I foresee the stock market correction to...
In this video I give a few minutes of preview before discussing what I see on this weekly time frame. Bear with me as you'll see where I'm heading. In the second half of the video I show how I estimate the big probability from the weekly time frame. I'm not interested in being right in this. That's not what I want to get across. Whilst technical analysis is a...
MOVER YOUR STOPS PUT A BUY STOP AND KEEP YOUR TRADE RUNNING
in this video I have included 3 scenarios based on Harmonic patterns
Well for those of you that trade the EURUSD, you have probably noticed that it has been consolidated these past couple weeks. Now if you are a trend trader, this has been an issue for you. But if you are like me, (an advanced pattern trader) you have been loving the consolidation, and in this video we cover 3 potential patterns that are setting up on the EURUSD,...
Quick update on my short at 1.23919, which I added to it and talk about in the video. I added to my position and now thinking that might have not been the best move. While I'm still in profit, I'll be watching closely to see if i need to closed and look for reentry.
Quick follow up video to explain my thoughts on taking a short at 1.23919, which i'm currently sitting at about 120 pips in profit. Looking for this to be a very long term trade, so we'll see how it plays out. SL has been moved to just below entry. Just going to sit and what to see how it plays out.
Placing a buy for a small counter trend trade
First video I'm posting on FX. So I'm short on the EURUSD @ 1.23919 and I explain my rational as to why in the video. Guess we will see how it plays out. Short - 1.23919 SL - 1.24535 TP- 1.21927
Hello everyone! We've been requested many times to explain trading flags, so here is a quick video explaining on how to identify them and trade them! Flags are often seen as continuation patterns, so the entry points are usually on the breakout of the flag with the stop loss being set below the support of the last low of the flag. The theory behind flag patterns...
Here's a look at a potential bullish Cypher pattern setting up on the EURUSD. Akil
In this video I've reviewed the Sell Setup that I posted yesterday. Also I've Previewed potential 2 scenarios. 1st plan is buying with Cypher pattern and 2nd is Selling with Bearish Bat pattern.
So we had our breakdown work out pretty well so far. Now that the market has moved in the direction of our prediction..... What's Next? Well in this video I show you what I'm looking to trade next here on the EURUSD ahead of tomorrow's NFP.
Here we have a Ascending Channel on EURUSD. Now we had a similar setup on the downside just last week. So with this setup, we usually see a correction and its a pretty high probability trade.
Yesterday EURUSD H&SH pattern trading idea has not been completed as H&SH pattern was violated. Now in this video setup we using RSI divergence Trading Strategy to short EURUSD. This video is based on my trading plan, that i wanna take an opportunity. Also you may learn on how to trade RSI divergence in this video. This video at the same time and trading plan and...