POSTED AN EURGBP IDEA A WHILE BACK, NOW BUYING @ 0.7100 FOR A SMALL 30 PIPS SL. AIMING FOR 80 PIPS. H4 PIN BAR @ 61.8%. REASON FOR LONG IS POSTED AT MY PREVIOUS IDEA. NOW IS OPTIMAL RR, SO I ENTER NOW. WONT BE UPDATING THIS TRADE IF LESS THAN 20 LIKES/FOLLOWERS. ALL THE BEST.
EDIT : NO MORE UPDATES Thought i posted this idea but didnt. Here it is, W1 FORMED A BEARISH PIN BAR LAST WEEK. LOOKING TO SELL NEAR THE HIGHS OF THE PIN BAR WITH STOP ABOVE THE PIN BAR. PRICE MOVED BRIEFLY ABOVE 100.00 THE PAST 3 WEEKS. IF THIS WEEK CLOSES BELOW 100.00, IT COULD BE A BEARISH FAKEY OF 100.00 ON THE M1 SCALE. WHICH COULD SEND PRICES DOWN DUE TO...
EDIT : NO MORE UPDATES M1 alternate view showing only the closing price, which is IMO a better indicator for price action analysis. M1 normal view H4 And yes, this is countertrend. I could be wrong more than im right. But its worth a shot. There will not be updates if insufficient likes. Reason is not enough followers not worth my time updating the trade.
MY PREVIOUS EURUSD IDEA WORKED VERY WELL FOR THOSE WHO FOLLOWED. NOW IM INITIATING A NEW EURUSD COUNTER TREND 161.8% BUY TRADE WITH 35 PIPS SL AND 80 PIPS TARGET. SUPPORT @ 1.1200 ALSO 161.8% NO UPDATES IF INSUFFICIENT LIKES. ALL THE BEST.
EDIT : NO MORE UPDATES, 130 PIPS AND RUNNING. I HAVE INITIATED A SELL FOR THIS PAIR. M1/W1 RESISTANCE AT PLAY HERE. RSI OVERBOUGHT W1 D1. D1 SLIGHT INSIDE BAR FAKEY SETUP, SIGNALING POSSIBLE BULL TRAP. NOTE : THIS PAIR IS KNOWN TO BE A SLOW MOVING PAIR. EXPECT TO HOLD FOR POTENTIALLY LONGER PERIOD OF TIME. ATR W1 OF AUDNZD : 200 PIPS ATR D1 OF EURNZD : 200...
EDIT: NO UPDATES WILL BE GIVEN FOR THIS PAIR DUE TO INSUFFICIENT LIKES. SELL @ 61.8% MULTI TIME FRAME SUGGEST DOWNSIDE MOVE. H1 D1 88.6% AND 61.8% REJECTION W1
EDIT : NO MORE UPDATES DUE TO INSUFFICIENT LIKES. I WILL BE LOOKING TO BUY THERE. IT MAY NEVER GET HIT BUT JUST AN OUTLOOK. IN FOREX, KNOWING WHAT COULD HAPPEN BEFORE IT DOES IS THE KEY TO SUSTAINED PROFITABILITY. MANY A TIMES, TRADERS SEE TODAY TO DETERMINE WHAT COULD HAPPEN TOMORROW. BUT THAT IS NOT ENOUGH. IF YOU COULD SEE A WEEK AHEAD, YOU COULD GAUGE...
EDIT: NO UPDATES WILL BE GIVEN FOR THIS TRADE DUE TO INSUFFICIENT LIKES. I RARELY TRADE THIS PAIR. RIGHT NOW, PRICE @ 78.6% W1 FORMED AN INDECISION DOJI FOLLOWED BY A FAILURE TO CLOSE ABOVE OR BELOW THE DOJI. PRICE GAPPED UP TODAY, COULD BE EXHAUSTION GAP. ALL IN ALL, GD SELL OPPORTUNITY. MANY OTHER JPY PAIRS ALSO GD SELL. ADDED CONFLUENCE. D1
EDIT : NO MORE UPDATES DUE TO INSUFFICIENT LIKES. LOOKING TO SHORT @ 123.90, NEAR THE HIGH OF PREVIOUS W1 FOR OPTIMAL RR. I HAVE SHORTED LAST WEEK @ THAT LEVEL FOR 100 PIPS FOR THOSE WHO ARE FOLLOWING ME. AND I WILL SHORT IT AGAIN THIS WEEK. 124.00 IS ALSO 2007 HIGH. W1 BEARISH ENGULFING FOLLOWED BY BEARISH PIN BAR. ALL IN ALL, MAKING A BULLISH COMEBACK FROM...
HIGH RSI REJECTION OF 1.5900. @ 161.8% PATTERN COMPLETION NOTE THIS IS A GOOD COUNTER TREND TRADE WITH LESS THAN 80 PIPS SL. MORE THAN 200 PIPS POTENTIAL PROFIT. H4
MY SELL LIMIT FOR GBPCAD WAS JUST TRIGGERED. SHORTED @ 1.9500. M1 KEY RESISTANCE LEVEL @ 1.9555. MY STOP IS ABOVE THAT. TARGET FOR 2009 HIGH @ 1.9300. RSI OVERBOUGHT D1 W1. RSI BEARISH DIVERGENCE M1. NOTE THIS IS OBVIOUSLY COUNTERTREND. D1
EDIT : NO MORE UPDATES DUE TO INSUFFICIENT LIKES. FLAG PATTERN H1. @ 78.6%. GOOD SELL FOR GOOD RR. STOP ABOVE 100%, DAILY INDECISION BAR.
SHORT NOW @ 88.6%. TRIPLE TOP FAILURE ON THE H4. H4 SLIGHT BEARISH PIN BAR (THE 3RD OF TRIPLE TOP TO FAIL?) STOP ABOVE 1.1467 TP1 TP2 LISTED. H4
CURRENTLY AT PATTERN COMPLETION. 127.2% OF AB LEG 161.8% OF THE PREVIOUS BULLISH LEG. PRICE FAILED TO CLOSE ABOVE THIS 161.8% FOR 3 DAYS STRAIGHT. RSI D1 READING AT 77.68 WHILE RSI H4 HAS SHOWN BEARISH DIVERGENCE FOR A WHILE NOW. RATIOS CHECKED OUT FINE. ONE COULD SELL NOW WITH 100 PIPS SL AS A SAFETY MARGIN IN CASE PRICE DECIDES TO FALSE BREAK THE...
PATTERN COMPLETION ON H1. IN CONFLUENCE WITH D1 PATTERN. SELL NOW WITH STOP ABOVE 161.8%. D1
I POSTED AN IDEA TO SHORT EURGBP AND IT WORKED OUT NICELY. 150 PIPS FOR THOSE WHO TRADED IT. TOMORROW IS A BIG DAY FOR EURGBP, 2 MAJOR NEWS EVENT COMING OUT WITHIN 30 MINS FROM EUR AND GBP. THIS IS MY TAKE ON EURGBP FOR THOSE WHO WANTS TO HOLD OR TRADE THIS PAIR TODAY OR TOMORROW. SEE MY CHART FOR ANALYSIS ON HOW TO TRADE THIS IF YOU WANT TO TRADE THE MOVEMENT...
PIN BAR D1 SPOTTED AT 127.2% OF PREVIOUS IMPULSE WAVE. RSI DIVERGENCE. H4 ALSO SHOWS BULLISH SIGNAL CYPHER COMPLETION OF BC LEG, NOW HEADING FOR CD LEG. H4 I PUBLISHED THE SELL IDEA (RED) WHICH WORKED OUT PRETTY WELL, NOW ANOTHER PATTERN (BLUE) FORMING. NOTE THAT IS COUNTERTREND AT THE MOMENT, NOT A REVERSAL. I WILL LOOK TO SELL UPON COMPLETION OF BLUE
LOOKING TO SELL THIS @ 2.2160. - 161.8% OF W1. -OVERBOUGHT WITH RSI DIVERGENCE STOPS AND TARGETS AS INDICATED. W1 OVERBOUGHT H1