MGTRADES

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Joined MGROUP13
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 22% | 4 NZDCAD 16% | 3 CHFJPY 16% | 3 EURUSD 11% | 2
MGTRADES MGTRADES AUDCAD, 240, Short ,
AUDCAD: AUDCAD - SHORT
35 0 3
AUDCAD, 240 Short
AUDCAD - SHORT

REASON FOR BIAS - BEARISH CYPHER PATTERN - PRICE TRADING BELOW DIAGONAL RESISTANCE - DESCENDING TRIANGLE - PRICE TESTED BUT DID NOT BREAK DAILY RESISTANCE STOP @0.9480 ENTRY @0.940

MGTRADES MGTRADES EURUSD, 240, Short ,
EURUSD: EURUSD - SHORT
45 0 2
EURUSD, 240 Short
EURUSD - SHORT

REASON FOR BIAS ;- WEDGE FORMED AFTER BEARISH TREND PRICE IS TRADING BELOW DAILY RESISTANCE STOP - 1.1180

MGTRADES MGTRADES USDJPY, 240, Short ,
USDJPY: USDJPY - SHORT
53 3 3
USDJPY, 240 Short
USDJPY - SHORT

REASON FOR BIAS - BEARISH CYPHER PATTERN - DESCENDING TRIANGLE - PRICE TRADING BELOW DIAGONAL RESISTANCE

MGTRADES MGTRADES NZDCAD, D, Short ,
NZDCAD: NZDCAD - SHORT
18 0 1
NZDCAD, D Short
NZDCAD - SHORT

BIAS BEARISH CYPHER DESCENDING TRIANGLE PRICE TRADING BELOW RESISTANCE

MGTRADES MGTRADES USDCAD, 240, Short ,
USDCAD: USDCAD - SHORT
37 1 0
USDCAD, 240 Short
USDCAD - SHORT

REASON FOR BIAS - PRICE TRADING BELOW MONTHLY SUPPORT - BEARISH GARTLEY PATTERN COMPLETED DRAWBACK; RESISTANCE HAS NOT YET BEEN TESTED STOP: @1.3160

MGTRADES MGTRADES EURJPY, 240, Short ,
EURJPY: EURJPY - SHORT
28 0 1
EURJPY, 240 Short
EURJPY - SHORT

REASON FOR BIAS - GARTLEY PATTERN FORMATION - A - C LEG COMPLETED, SHORTING TO D - DESCENDING TRIANGLE - PRICE TRADING BELOW DIAGONAL TREND LINE

MGTRADES MGTRADES NZDCAD, 240, Short ,
NZDCAD: NZDCAD - SHORT
45 0 3
NZDCAD, 240 Short
NZDCAD - SHORT

Cypher pattern completetion, shorting from D Take profit 0.88000 stop loss - 0.8923

MGTRADES MGTRADES NZDCAD, 60, Short ,
NZDCAD: NZDCAD - SHORT
36 0 0
NZDCAD, 60 Short
NZDCAD - SHORT

- D LEG ON BAT PATTERN COMPLETED - CONFLUENCE WITH TREND LINE AWAITING A BEARISH MOVEMENT TOWARDS SUPPORT

MGTRADES MGTRADES CHFJPY, 60, Short ,
CHFJPY: CHF/JPY SHORT
45 1 1
CHFJPY, 60 Short
CHF/JPY SHORT

GARTLEY PATTERNED FORMED, IF THE TREND LINE GETRS BROKEN IT SHOULD GO TOWARDS THE NEXT SUPPORT, OR IT CAN BOUNCE OFF THE TL AND HIT THE RESISTANCE TP : 115.60 STOP: 116.15

MGTRADES MGTRADES EURUSD, 60, Short ,
EURUSD: EURUSD SHORT
77 0 1
EURUSD, 60 Short
EURUSD SHORT

CYPHER FORMED INSIDE ASCENDING TRIANGLE, PRICE IS TRADING BELOW THE RESISTENCE, ANITCIPATING A BEARISH MOVEMENT TOWARDS 1.11521 WHICH IS MY TP STOP 1.1240

MGTRADES MGTRADES USDJPY, 60, Long ,
USDJPY: USDJPY LONG
106 3 5
USDJPY, 60 Long
USDJPY LONG

CYPHER PATTERN FORMED WITH A EXTENDED CONTRACTION, STOP LOSS 116.45 , TAKE PROFIT 116.06 OR ANYWHERE NEAR.

MGTRADES MGTRADES GBPUSD, 60, Short ,
GBPUSD: GBP/USD SHORT
68 0 0
GBPUSD, 60 Short
GBP/USD SHORT

STOP LOSS 1.46490 TAKE PROFIT 1.43935

MGTRADES MGTRADES USDCAD, 60, Short ,
USDCAD: USD/CAD SHORT
66 0 0
USDCAD, 60 Short
USD/CAD SHORT

CYPHER PATTERN FORMED , EXPECTING A BEARSHISH MOVEMENT STOP 1.40800 TAKE PROFIT 1.39931

MGTRADES MGTRADES AUDCAD, 60, Long ,
AUDCAD: AUD/CAD LONG
29 0 0
AUDCAD, 60 Long
AUD/CAD LONG

GARTLEY PATTERN PLAYED OUT, PLACED A LONG POSITION STOP LOSS 0.9845 TAKE PROFIT 0.9934

MGTRADES MGTRADES USDJPY, 60, Long ,
USDJPY: USDJPY - LONG
40 0 1
USDJPY, 60 Long
USDJPY - LONG

CYPHER PATTERNED FORMED, GONE LONE ON THE B - C LEG, TARGET IS THE 1.27 EXTENSION , STOP IS PLACED AT 117.01

MGTRADES MGTRADES USDJPY, 60, Short ,
USDJPY: USDJPY
44 0 1
USDJPY, 60 Short
USDJPY

CYPHER PATTERN FORMED, GONE LONG ON THE C -D LEG, LOOKING FOR PROFIT TOWARDS 1.21 EXTENSION, IF THE MARKET FALLS BELOW 117.01 I AM OUT, TIGHT STOP LOSS BUT I DONT MIND KEEPING MY LOSES SMALL

MGTRADES MGTRADES CHFJPY, 60, Short ,
CHFJPY: CHF/JPY SHORT
51 0 0
CHFJPY, 60 Short
CHF/JPY SHORT

BAT PATTERN FORMED INSIDE DESENDING TRIANGLE, HOPING TO SEE A REVERASAL FROM THE UPPER TREND LINE WHICH CAN ACT AS A NEW X - A LEG FOR A NEW ADVANCED PATTERN, DECLINE OF THE MOVEMENT IS 177.50, IF THE MARKET EXCEEDS THIS POINT I'LL BE OUT. SHORT ACCORDING TO RISK MANAGEMENT REFERENCE: @DAKIK (Didn't notice this movement until they mentioned it, good shout)

MGTRADES MGTRADES CHFJPY, 240,
CHFJPY: CHF/JPY - LONG
20 0 0
CHFJPY, 240
CHF/JPY - LONG

Gartley patterned formed, market should look to fulfil C - D Leg as long as it does not break support.

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AUDCHF
Australian Dollar/Swiss Franc
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STOXX 50
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NZDCAD
New Zealand Dollar/Canadian Dollar
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U.S. Dollar/Swiss Franc
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