A nice opportunity for a scalp or a swing trade now in GBPUSD. Although this is not my core strategy, I am bearish now in GB and this might be a possibility. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly Peter
GB was very weak yesterday and since it is overbought I suppose it might fall further. BUT now a nice setup formed - a trick formation refusing a 61.8 Fibo level. I am long from now (but very careful) and waiting for the level to short. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or...
My previous FF1C pattern worked out nicely and I covered @0.885 for $750, so my daily profit is done. But aussie has formed FF1C repeatedly and I re-entered short again. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
With regards to my privious GB post only now I noticed that one of my most powerful patterns occured and it is just below 61.8Fibo of the main swing. Very nice setup. Let us see... For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
Now it seems we got nice long covering and a bull trap at 61.8Fibo or prior swing. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video on GB: bit.ly
Oil has shown some weakness and now it is consolidating below a weekly pivot. This is in fact one of my favourite setups I use for my momentum trading. Remember that appropriate Risk-Reward has to be kept. This is no trading or investing suggestion, take it for educational purposes only. For further information about my trading style, live trading videos and...
Based on my unconventional trading methodology, the recent aussie behaviour looks like one of my most powerful patterns is in its early stages. Let us see what unfolds. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
As I highlighted in my previous analyses (e.g. bit.ly) the Euro is being at an important level, which is a 61.8 Fibo retracement of prior major downswing. The Eur confirmed the level by testing it once and now retested it with a false break, which can be a sign of weakness and a short signal also. In terms of my unconventional trading patterns, this market...
A pattern T4A based on my unconventional methodology is now forming. If we get a clear signal at the max fake level, it might be a nice opportunity for a swing trade. But! Be careful! It is Christmas time and volumes are low. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my...
A very nice structure forming at an important level. If enought long covering takes place, it might be a nice fall. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly or watch my latest live trading video: bit.ly
Do we have another false break? After a strong strong rally it might be a nice bearish sign. Let us see, what unfolds in the upcoming days. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
GBPUSD trading opportunities and levels to watch. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly and watch my latest live trading video: bit.ly
EURUSD broke through a recent pivot. Petrsonally I am convinced about further weakness and downward move, so I am cautious about the first opportunity to go short as a retest of the pivot after a false break. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly and watch my latest live trading...
SP has been quite weak recently, falling off highs. If any signal occurs in max fake area, I would consider shorting that. I have just released a new trading video on my yesterday trading Eur and GB, be sure to check it out: bit.ly
GB is aparently in a range-bound mode, so I am highly cautious about any sign of weakness above the prior highs (maxfake area). For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
This analysis on a weekly timeframe shows that EUR strength goes off the steam gradually and since the price bounced off the 61.8 FIBO level precisely, a further upmove forming a false break of that level might be a very nice short signal for a swing trade. Let us wait what the future price behaviour unfolds. For further information about my trading style, live...