ProfitPotential

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Last visit Joined 11 months ago
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 21% | 4 GBPUSD 15% | 3 AUDUSD 10% | 2 EURGBP 10% | 2
ProfitPotential ProfitPotential EURUSD, 120, Short , 7 months ago
EURUSD: Potentially 100 pips bearish
149 0 4
EURUSD, 120 Short
Potentially 100 pips bearish

The chart speaks for itself.

ProfitPotential ProfitPotential CADJPY, 120, Short , 7 months ago
CADJPY: Potentially a 300 pip swing to the downside
39 0 3
CADJPY, 120 Short
Potentially a 300 pip swing to the downside

Trading short because the market may repeat this previous pattern

ProfitPotential ProfitPotential USDJPY, 120, Long , 7 months ago
USDJPY: Potential 1000 Pips from Repeating Pattern
255 1 9
USDJPY, 120 Long
Potential 1000 Pips from Repeating Pattern

The chart speaks for itself.

ProfitPotential ProfitPotential NZDCAD, 240, 7 months ago
NZDCAD: Sharp drop to next significant support level
30 0 2
NZDCAD, 240
Sharp drop to next significant support level

Short in the short term to the next support level at or around 0.9240 Get long and stay long in the medium to long term. I am expecting a clear break of 0.9550 at some point in the near future.

ProfitPotential ProfitPotential EURGBP, 240, Short , 7 months ago
EURGBP: Short Opportunity
20 0 0
EURGBP, 240 Short
Short Opportunity

July's price action looks similar to some of April's. August might see the continuation play out. Preference is short. With targets at or around 0.8200 and 08000. Happy trading.

ProfitPotential ProfitPotential GBPUSD, 60, Long , 8 months ago
GBPUSD: Brexit's Deep Correction
84 0 4
GBPUSD, 60 Long
Brexit's Deep Correction

Britons voted to leave the EU They have not invoked article 50 yet to start a 2 year negotiation with Brussels on their divorce from the union - So, Britain is still a member of the EU. Therefor nothing has really changed yet. The Govenment resigns failing to convince voters to remain - A new government has just been sworn in. Recession is very likely, however ...

ProfitPotential ProfitPotential EURUSD, M, Long , 8 months ago
EURUSD: Bullish Euro Market Super Cycle
190 10 6
EURUSD, M Long
Bullish Euro Market Super Cycle

What do you think?

ProfitPotential ProfitPotential EURUSD, M, Long , 8 months ago
EURUSD: Bullish formation for long term play
178 5 4
EURUSD, M Long
Bullish formation for long term play

Double bottom and possible morning star formation on the monthly chart

ProfitPotential ProfitPotential EURGBP, W, Long , 9 months ago
EURGBP: Bullish flag of biblical proportions
71 0 6
EURGBP, W Long
Bullish flag of biblical proportions

Huge bullish flag, already broken, we might see a retest of the downward trendline or it might just keep going ! This trade has the potential to see parity for this currency pair

ProfitPotential ProfitPotential AUDJPY, 240, Short , 10 months ago
AUDJPY: Possible Falling Wedge
59 0 4
AUDJPY, 240 Short
Possible Falling Wedge

The pair is bearish and seems to be forming a wedge following the most recent move to the downside. The price projection for the pattern is also in confluence with 72 which is a significant long term support level.

ProfitPotential ProfitPotential GBPUSD, D, Long , 10 months ago
GBPUSD: Sterling Cup & Handle
88 1 4
GBPUSD, D Long
Sterling Cup & Handle

1.46 is a key pivot level. this break may allow us to see further upside.

ProfitPotential ProfitPotential AUDUSD, 240, Short , 10 months ago
AUDUSD: AUDUSD - Flag forming
64 1 4
AUDUSD, 240 Short
AUDUSD - Flag forming

Possible flag formation. Potential resistance around 0.7690. Possible pivot at resistance area and when US manufacturing data is released.

ProfitPotential ProfitPotential GBPUSD, 240, Short , 11 months ago
GBPUSD: GBPUSD - Get ready to short
51 0 1
GBPUSD, 240 Short
GBPUSD - Get ready to short

I doubt the GBP bulls have got it in them to break this resistance area.

ProfitPotential ProfitPotential EURAUD, 60, Long , 11 months ago
EURAUD: EURAUD - Flag pattern
27 0 0
EURAUD, 60 Long
EURAUD - Flag pattern

Flag pattern forming - Continuation of uptrend expected.

ProfitPotential ProfitPotential AUDUSD, 60, 11 months ago
AUDUSD: AUDUSD - 1-2-3 Pattern - Third drive down expected
39 0 0
AUDUSD, 60
AUDUSD - 1-2-3 Pattern - Third drive down expected

Continuation of the downtrend expected with a third drive down.

ProfitPotential ProfitPotential USDJPY, 60, 11 months ago
USDJPY: USDJPY flag formation - Prepare to go long
1336 24 12
USDJPY, 60
USDJPY flag formation - Prepare to go long

The currency pair seems to be creating a flag formation. This is usually a continuation pattern and we should expect a resumption to the upside.

ProfitPotential ProfitPotential USDJPY, 60, Long , 11 months ago
USDJPY: Buy the USDJPY pull back and potentially grab 400 pips + swap
64 0 3
USDJPY, 60 Long
Buy the USDJPY pull back and potentially grab 400 pips + swap

Likely ABC corrective pattern with huge upside potential.

ProfitPotential ProfitPotential EURUSD, D, Short , 11 months ago
EURUSD: Are the Euro bulls tired yet?
70 0 3
EURUSD, D Short
Are the Euro bulls tired yet?

The ECB left interest rates unchanged earlier today. There is no more major news that could potentially support the euro for another week. Technically, the pairs price action is showing signs of weakness too. This could be a week of weakness.

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