PATTERN IDENTIFICATION: FLAG. TREND CONTINUATION PATTERN. *Wait for break and close of support line before entering the market* *When we reach TP1 close 50% of trade and move stop loss to entry point*
PATTERN IDENTIFICATION: TRIANGLE *Wait for break and close of the triangle*
Video contents 1) Recap of a losing trade (why the trade was selected. negative points against the trade and positive points for the trade) 2) The sneaky entry! (combining stop loss element of a lower time frame setup with the targets of a higher time frame setup) 3) My trade management style 4) The eternal battle of risk to reward vs accuracy
PATTERN IDENTIFICATION: HEAD AND SHOULDERS *Trade is only valid once H4 candle closes past the neckline(
PATTERN IDENTIFICATION: GARTLEY *When we hit TP1 move your stop loss to the entry point*
Contents of Video: 1) How I approach looking for a Bearish and Bullish outcome on my trades 2) Identifying actual trade triggers that make me take one side over the other 3) How you can easily switch from being a bear to a bull and vice versa 4) Go back on your losing trades!! Spot the reversal patterns that caused you to get stopped out. Apply this hindsight to...
PATTERN IDENTIFICATION: TRIANGLE *When we hit TP1 move your stop loss to the entry point*
Close 50% of your trade when we reach TP1 and move your stop to the entry point
PATTERN IDENTIFICATION: INVERSE HEAD & SHOULDERS ... PARALLEL CHANNELS *2 Scenarios - Bullish & Bearish* *For bullish trigger there must be a close above the neckline of the inverted head & shoulders*
PATTERN IDENTIFICATION: BUTTERFLY *Wait until price reaches the completion point of the pattern* *Close 50% of the trade when it reaches TP1 & move your stop to the entry point*
PATTERN IDENTIFICATION: GARTLEY *Wait for price to reach the completion point of the Gartley* *When we reach TP1 close 50% of the trade and move stop loss to entry point*
PATTERN IDENTIFICATION: INVERSE HEAD & SHOULDERS *Wait for break and close of the neckline*
PATTERN IDENTIFICATION: CYPHER *Wait until price reaches the D point of the pattern before entering the market* *When we reach TP1 close 50% of the trade and move your stop to the entry point*
This is the corresponding Bullish scenario related to the previous NZDJPY Rounding Bottom Bearish scenario. We must wait for a break and close of the resistance trend line if we are to take this trade. This is a counter-trend reversal setup whereas the below related idea is a trend continuation setup.
Here we have two bullish patterns - a falling wedge and an inverse head and shoulders . The wedge pattern has completed. The first target is the neckline of the H&S pattern, and we will be watching this area closely. Move stop loss to entry point once we hit the first arrow.
Wait for price to reach the D point of the pattern before entering the market. As always when we hit TP1 move your SL to the entry point
Wait for break and close of resistance line before entering the market. We are targeting the 4H Resistance Zone up ahead.
The pattern is a rounding bottom. Final targets marked. Waiting for break and close below support level.