JoMarshall

JoMarshall

I'm a little late with this one but it is a risky trade considering cable is bearish right now but a pattern is a patters and 1.5000 is a psychological level, so because of that and the combination of an oversold RSI with bullish divergence, it's a pretty good reason to go long. Stops are at 1.4980. If it doesn't work out 30 pips ain't gonna kill us considering we...

JoMarshall

This is a nice trade set-up and i will be posting which pattern i'm going to be trading once price action is close to the entry point. www.tradewithme.co.uk Weekly Video: www.youtube.com Structure Trade: www.youtube.com

JoMarshall

I'm already short on this pair following the structure trade I posted yesterday and now we have a potential Bat pattern that will complete just above our profit target on the short trade from yesterday so if you're involved in that trade then you might wanna make adjustment if you want to get involved in this trade. This is also a god opportunity and the fact that...

JoMarshall

Following my post on this pair from yesterday, our first target has now been hit for a profit of 30 pips. Stops have now been moved to break even. It really has been a good week and the amount of pips I've made now stands at almost 300 pips in just 7 days on trading. The only blip being the 78 pips I lost on the GBPUSD cypher long, other than that it's been...

JoMarshall

Following my post on this pair yesterday, my 2 profit targets have now been hit for a combine profit of 40 pips but this trade did put me through a little bit of pain as stop loss came within 5 pips of being hit before the market reversed to hit my 2 targets. Note that I've adjusted my targets because the market came higher than expected, hence, why my profit...

JoMarshall

Following my post on this pair early last week, the market didn't do what I expected it to do on this occasion but hey losing is part of the game & besides based on the results my back-testing on this pattern I know it only has a 60% winning ratio so that's 2 winners from last week and a loser on this pair.

JoMarshall

This is not a currency pair that I trade in my portfolio but I came across this nice trade-set up as I was doing my weekend analysis. The market has come into a previous structure support now turned resistance but the RSI is not showing overbought conditions yet so there is chance that this market could go all the way up and in the process completing the cypher...

JoMarshall

I did not get filled on this position, the market came within 2 pips of my order but i never got filled. So for those of you who might have been waiting to take this trade, i don't know whether you got filled or not but the market has come back to where our initial target would have been so for that reason i'm closing my order on this trade. If you did, however,...

JoMarshall

I already have a long position on this pair but i have already booked 54 pips profit on first target and my stops have been moved to break even. So assuming my second target gets hit at around 123.20's then i will be watching and waiting for this cypher pattern to complete at (123.40's) which is just 20 pips above my second target from the bullish gartley i posted...

JoMarshall Updated 

This is probably the best trade set-up of the day for me in terms structure. The market has come back to test a trend line resistance now turned support and at the same time completing a bullish cypher where there is a lot of structure looking left. The Risk:Reward ratio is more than 1:1 so let's hope for a winner. www.youtube.com tradewithme.co.uk