on the 1 hr chart we have a 1.618 inversion trade setting up with a couple of extra indications that the market may turn around at this level which include overbought RSI and previous structure looking left. The 1.618 inversion trade includes waiting for a market that is in trend (down trend in this case) to make a correction and break above a previous structure...
Here on the EURAUD 1 hr chart we have a cypher pattern that is pretty far away from entry. So alot has to happen for this one to fill our limit order but that is how you stay 5 steps ahead of the market! entry is around 1.592s targets at 1.575s and stop around 1.610s If you are still having trouble spotting these patterns or if you dont know the ratios very well...
I had targets filled here on EURNZD after placing a trade earlier last week using a trend continuation strategy that i teach on my youtube channel. In this strategy i sell the .786 retracement after a break and close below structure when the market is in a down trend. As you can see on the chart that sets us up with a really good risk to reward and we are trading...
Here on the AUDJPY i have explained a few reasons why i am short this pair from the .786 retracement after the break and close below previous swing low. the rally that has followed in my opinion gives me a great opportunity to short with a small stop loss and good potential profits. If you are interested in seeing the way that i analyze the market and how i come...
here on the 4hr audusd chart we have a nice cypher pattern setting up and a possible shorting opportunity if it completes. D-point around .724s for a lessons on how i do analysis daily in the market and strategies i use check out my youtube channel LINK: www.youtube.com
Here on the EURUSD we have a counter trend opportunity with a combined techincal score trade. There is also an 1.618 inversion trade in the same are and an even handle number around 1.08400. You have to be careful not to be to greedy with targets on these counter trend trades because we do not expect the market to make a complete reversal just to see a small...
here on the USDJPY there is a shorting opportunity at the d-point completion of this cypher pattern. D leg comes in around 122.7s To see how to draw ratios for and trade advanced patterns check out my YOUTUBE channel LINK:https://www.youtube.com/channel/UCGL9ubdGcvZh_dvSV2z1hoQ DISCLAIMER: trade at your own risk this information is for educational purposes only...
Here on the EURGBP i see a good counter trend trading opportunity by combining the facts. We have a triple top with RSI divergence and we also have some long wicks on the last test of this structure level indicating that there is some selling pressure up here around an even handle number at .73000 and these even handle numbers are worth paying attention too,...
Here on the 1 hr chart on the USDJPY we have a possible shorting opportunity for a trend continuation trade using the combined technical score trade. I know that the rate decision comes out tomorrow and will probably destroy all of this technical analysis but in my trading i try my best to only focus on technical analysis and not the fundamental side of the market...
Here on the USDJPY we have a cluster of technical indications that the market wants to go up a little before continuing the downward momentum that we have had recently. This is a counter trend trading opportunity so i do not anticipate a complete reversal at this zone but only a brief retracement back up into the most previous resistance level. Hope you found this...
Simple advanced pattern trade here on the GBPCHF. The CYPHER is coming in at around 1.462s with stops below 1.542s and targets around 1.549s second targets would be at the .618 retracement but i do not trade a 2 target system. we were already close to being filled but i do not front run orders so i wasnt filled on this one yet. Im hoping that it comes back down to...
Here we have an 1.618 inversion lining up with previous structure and overbought RSI. For me this trade works best as a part of my CTS scoring system, so taking that into account i have decided that i need a couple of more things to happen before i can take this trade. I will be waiting for a double top back up at the 1.618 inversion along with some RSI...
Here we have a cypher pattern on the 1 hour chart of the GBPUSD and it is lining up with previous structure resistance. This combination is giving me a good reason to buy the GBPUSD. Entry is at 1.52s with stops below 1.516s and targets at 1.526s. Facebook: www.facebook.com YouTube: www.youtube.com
I have had my eye on this cypher for a while now waiting for it to complete at the .764 D leg and i also noticed that there is a potential butterfly pattern forming that will be ending in a similar area. There is a fib inversion that putting a 1.27 inversion in the buy zone too, so for me this seems to be a very good buy zone with stops placed below the x leg of...
Here on the EURCAD we have 3 different harmonic patterns ending in the same place. I think this will make for a very good trading oppurtunity, considering that in my trading plan i only need one harmonic pattern to complete for me to enter a trade. Entry on the D-leg of these patterns with stops below X-leg of the gartley and the cypher and profit at the .382...
Woke up this morning to see that my bearish cypher trade in the red on the chart ( previously published in an earlier idea a couple days ago) hit targets with no problem at all banking me a slick 53 pips!! Now im looking for a continued decline to the D-leg of the bullish cypher in the green on the chart, IF the market comes down, THEN i will buy on the pattern...
1hr chart cypher setting up. Just clipped the C-leg at the .127 extension now looking for a rally back up to the D-leg around 136.140's to short this market in anticipation of a .382 retracement. If price action rallies here, it is oversold and at a previous level of resistance that could turn to support, but you never can tell lol. also on this pattern i modified...
I am short the AUDUSD now following the completion of the bearish cypher in green. Now that the second bullish cypher in red has formed ive decided to take half the position off at the .382 retrace of the bearish cypher and ride the rest out to see if it will hit the completion of the bullish cypher and give me an opportunity to reverse my position and get long on...