TradeWithWayneYia

TradeWithWayneYia Updated 

Found this Bat completing at my Sell Zone and also previous Resistance Line. Usually I am the "Set & Forget" type of trader, however for this trade I am taking a more conservative approach due: 1) I am looking to short, which is against the uptrend it is having now after the flash crash. 2) Many traders will be looking to sell here since it is a resistance...

TradeWithWayneYia Updated 

Bearish Gartley completing within my Supply Zone for the BTCUSD. It coincides with 4000 psychological level and also completes AB=CD. Have many reasons to take this level for a shorting opportunities. For added confirmation, can look for RSI Overbought and reversal candles. SL: 4018 TP1: 3975 Tp2: 3939 Do like and share this post. Follow me if my trading...

TradeWithWayneYia Updated 

Sometimes, you will be able to find two or more Harmonics Patterns pointing about the same D completion point, if you know their parameters and where to look. I have specific rules to qualify these patterns. Looking for a shorting opportunity at price level 0.7243 and place stop loss beyond point X. Do like and share this post. Follow me if my trading style...

TradeWithWayneYia

Bullish bat pattern coincide with my demand level and also at 1.0000 psychological level. Will not place pending order just yet as I want to look out for more confirmation signals. Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.

TradeWithWayneYia Updated 

Some of you might be following my analysis on the USDCAD pair and just got stopped out from the last H4 Bearish Bat. However I am still very bearish for this pair on the long term. In a few hours time we have some major news release on the CAD - Trade Balance, Interest Rate and Oil Inventories, which has major impact on this pair. Two outcome I am...

TradeWithWayneYia Updated 

Another clean setup on the USDCAD pair. This time we have the Bearish Bat Pattern completing at 1.3318 price level, which I am interested to add on to my existing long term position short. Entry price: 1.3318 SL: 30pips above Point X TP1 and TP2 as shown on chart Extended targets at the completion of the Bullish Bat Pattern. Do like and share this post. Follow...

TradeWithWayneYia

Some of my trading counterparts and colleagues asked me why I am so into USDCAD recently and still holding on to my trade since I shorted this pair during Xmas 2018 on a Weekly Bearish Bat pattern completion. So I decided to share this education segment to the trading community on some insights of my trading strategies. Take a look at my chart on the USDCAD H4...

TradeWithWayneYia

Wait for price to retrace to the sell zone marked in grey and completion of the Bearish Bat Pattern. Selling with larger timeframe downward trend. Entry price around 0.7168 For more conservative traders, can look out for pin-bar / doji candles for confirmation before entering the short. Do like and share this post. Follow me if my trading style suits you as...

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Intraday setup H1 Bearish Bat Entry: 1.0434 SL: 1.0452 TP1: 1.0414 TP2: 1.0401 Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.

TradeWithWayneYia Updated 

H1 Bearish Bat Harmonics Pattern The pattern will complete at point D however I am entering trade on a deeper price represented by the black dotted line. Reason for this is because this is GBPNZD - GBP cross pair and tend to be more volatile and higher broker spread. I saw bigger Bullish Harmonics Patterns on H4 and Daily on the Higher timeframe and gave me...

TradeWithWayneYia Updated 

H4 Bullish Bat completes at 1.2874, looking to place buy limit at this level and "Set and Forget". Strong previous support and resistance confluences at this price level and trading with higher time frame uptrend. Entry: 1.2874 ISL: 1.2786 (-88pips) TP1: 1.3028 (+154pips) TP2: 1.3137 (+263) Do like and share this post. Follow me if my trading style suits you...

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Wishing all a Prosperous Chinese New Year! May all your trades be green and a year blessed with great Health and Wealth! :) Miss the initial entry due to a busy Chinese New Year Eve celebration. Bullish Bat completion this morning and turned exactly where I wanted to buy. But fret not, there are always opportunities presented to use daily if you know where to...

TradeWithWayneYia Updated 

Happy New Year 2019 Trading View Community! My first post for this year and like to share this great setup I found on Gold. Gold had a good bull run since Nov 2018 and finally reached an area where I am interested to look for selling opportunity. On the Weekly time frame, we can see price action doing a consolidation between about 1050-1400 which tells me that...

TradeWithWayneYia Updated 

Bat Pattern completed. To take a short position after this hourly candle closes as a reversal candle. Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.

TradeWithWayneYia Updated 

Found this short opportunity in the middle of the Daily Trend Channel, not looking to set target all the way to the trend lines. Healthy Risk-Reward of about 2.5x for target level, going for a single target trade. For Set & Forget traders, Entry: 1.8243 SL: 1.8336 (-93pips) TP: 1.8013 (+230pips) For conservative traders, look for confirmation candles before...

TradeWithWayneYia Updated 

Big time frame downtrend, for those who missed the weekly Bear Bat on my previous post, this is a potential retry point. Entry: 1.3370 SL: 1.3407 (-37pips) TP1: 1.3301 (+69pips) TP2: 1.3254 (+116pips) To consider extended target based on my analysis on the weekly chart: Do like and share this post. Follow me if my trading style suits you as I will be updating...

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Nice Bullish Deep Crab completing nicely at the last price pivot point. Good Risk-Reward Ratio. For conservative traders, you can consider waiting for more confirmation such as Double Bottom or reversal candles before entering the trade. Entry: 0.8822 Stop Loss: 0.8775 (-47pips) TP1: 0.8922 (+100pips) Do like and share this post. Follow me if my trading style...

TradeWithWayneYia Updated 

Waiting for price to reach Point D to complete the Gartley Pattern for a shorting opportunity. Gartley completes at price level 1.2740 . Higher timeframe trend is down, hence this trade setup will be with selling with the trend. Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis. We are a...