LegendaryStick

PRO
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About me 10 years ago we had Steve Jobs, Bob Hope, and Eddie Money. Now we have no jobs, no hope and no money! Don't let Kevin Bacon die!
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
USDCHF 33% | 1 USDCAD 33% | 1 GBPUSD 33% | 1
LegendaryStick LegendaryStick PRO USDCHF, D, Long ,
USDCHF: Waiting for Bullish Channel Retracement on USD/CHF
177 0 9
USDCHF, D Long
Waiting for Bullish Channel Retracement on USD/CHF

There is a bullish channel that has developed since May of 2015. I am waiting for a retracement to the lower trendline before going long. I will set my targets at 2 levels: the green trendline which has proven itself as S/R in the past, as well as the orange trendline which is the May of 2016 high projected parallel with the green trendline. However, if I go long ...

LegendaryStick LegendaryStick PRO GBPUSD, D, Short ,
GBPUSD: Retracement to 50 EMA - GBPUSD - Short Continuation
1099 0 3
GBPUSD, D Short
Retracement to 50 EMA - GBPUSD - Short Continuation

There has been a retracement to the 50 EMA on the GBPUSD. Also, prices have retraced to the 50% Fib level. For a short entry, wait for a breakdown below the bullish corrective trendline. For an earlier signal, you can wait for a breakdown below the corresponding bullish corrective trendline on the Momentum as it usually precedes price breakouts. Happy Trading! :D

LegendaryStick LegendaryStick PRO USDCAD, D, Long ,
USDCAD: Bullish Breakout of Symmetrical Triangle on USDCAD
471 0 1
USDCAD, D Long
Bullish Breakout of Symmetrical Triangle on USDCAD

This is a very simple Symmetrical Triangle continuation pattern. Wait for prices to push out of the triangle, then wait for prices to bounce of the 0.618 level noted by the lower horizontal line. The Take Profit should be the level noted as it is the 0.618 retracement of the early 2016 high to the May low.

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Last visit
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Message Follow Following Unfollow
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Last visit
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