Chart is an expectation of market setup via harmonics. * Market in trend change trend for a buy. * RSI signaling oversold area currently at 38. * RSI reading 20-40 is in the oversold area. Considerations on where to collect profit; * Pattern D breakout can sometimes finish its run at TP1. * Chose your entry point wisely via indicators, etc. DISCLAIMER;...
Chart is an expectation of market setup via harmonics. Also good to observe that market formed a double top between A and C which is considered a sell signal. Market already selling from/on target C. You can join the sell to D as there still money to be made. There may be some retracement up before market gets to D. This will be good for entry to D; * Chose...
Chart is an expectation of market setup via gartley pattern. If market hits target C then; * SELL at 1.32839 * TP1 at 1.33311 * TP2 at 1.32911 * SL at 1.33800 Note - TP2 at target D in pattern. If market hits target D after selling at C then; * BUY on D at 1.32911 * TP1 at 1.33311 * TP2 at 1.33558 * SL at 10-20 pips below X (1.32839) Note - TP1...
Made this for someone in the chatbox, but thought newbies or so may find it helpful to try out themselves too, so bon apetite all. P.S. if i ignore any questions after today then it is because today is my last day off work. After this, it is back to being a slave to the system lol.
Thought I should make another crude oil analysis as market did hit the top of the channel line which i am expecting a drop from here, however still waiting for my last signal on the 4 hr view for downside confirmation. Here is my other crude oil analysis which you should find quite informative; DISCLAIMER; Do set stop losses when trading but be generous with...
This is an update to last audio post on; DISCLAIMER; Trading carries risks, do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire....
How I traded JPYCAD, then closed at break-even when market direction moved against my trade. Audio will be improved in the next post, net connection issues toward the end of this.
This incase you wish to post it in chatbox for others to see or simply send to someone to view.
JPYCAD is clearly still in early stages of its development and has just started an uptrend after hitting the bottom of the current trend/channel line. You do not want to miss this huge buying opportunity. I have entered my longs and I went heavy on this one, you really cannot go wrong on this trade. Now if only every trade were this easy for me ... DISCLAIMER;...
What you need to know about oil's current price action explained right here. Also check out linked idea on oil market below, an even earlier and broader analysis. DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders....
This chart is in correlation with a video analysis of market I published. Posting this in order to follow market development. Please refer to video analysis of market for more information. The video analysis will be linked to this publish, just click it...
Above is my verbal take on where market is headed. Market is following a channel which can be observed on the Daily and 4HR view. Prices are consolidating within the published view, so expecting a big move within a week or two. DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is...
Below is my take on where market is headed. Market is following a down channel which can be observed on the daily view. Prices are currently around the top of that channel, which will go back down within channel if still developing, otherwise we will see a breakout. However I am not expecting a breakout as of yet and market looks likely to complete head and...
Daily view minor short to specified areas, which would be considered a pullback, before going back up. So this will be a pull back trade. Use lower timeframes to get in the market to trade outlined areas. DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to...
Looks like market was forming a down channel and has already broken out but expecting some more upside to follow. Also, with this down channel we see an inverse head and shoulders within which in-turn should breakout to the upside and therefore more upside to be expected with both patterns observed. Yellow horizontal lines indicate target zones for more...
4Hr view, below ichimoku, CM indicator in red, now waiting for a crossover of EMAs. Chose your entry wisely and use lower timeframes for this. HELPFUL VIDEOS TO TEACH YOU: www.youtube.com www.youtube.com www.youtube.com (follow through to part 4) DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to...
Sugar looks to be forming a short setup due to double-top and indecision around ichimoku cloud. Short setup is not yet confirmed as market has not given a clear direction as of yet but this is one to keep a close eye on for drop to targets identified by yellow lines in chart. HELPFUL VIDEOS TO TEACH YOU: www.youtube.com www.youtube.com DISCLAIMER; Do set...