arktikphoenix

arktikphoenix

BUY RHOMBUS TEST. I DONT KNOW THIS FIRST TIME DRAWING AND TESTING IT OU. IF IT WORKS. IM ABOUT TO BE A REALLLLY DEADLY TRADER.

arktikphoenix

USING ELLIOT WAVE ANALYSIS I BELIEVE THIS WILL BE A NICE SELL. I used Elliot wave to find the 5 wave and then uses a corrective wave theory and fibonacci to come up with SL and TP

arktikphoenix Updated 

I see this pair trying to find proper resistance. THEN TANKING. THE ARROWS ON THE CHART REALLY SAY IT ALL.

arktikphoenix

I SEE EURUSD FORMING A LITTLE CONSOLIDATION TRIANGLE on THE DAILY. WHICH WILL CAUSE IT TO BREAK SOON MOST PROBABLY TO THE UPSIDE BECAUSE WE UNDERSTAND THAT BIGGER PICTURE. I SEE THAT THE PAIR WILL BREAK UP AND THEN LOOK FOR OUR ZONES TO CONFIRM OUR HEAD AND SHOULDERS ON THAT WEEKLY AND BE IN THOSE NICE LITTLE ENTRY ZONES THAT WE HAVE PICKED OUT AND BOOM TANK. you...

arktikphoenix

I SEE A POSSIBLE HEAD AND SHOULDERS FORMING TO INDICATE THAT DOWN TREND MOVE. IN LINE WITH WHAT WE SEE ON THE MONTHLY WE WANT IT TO GO UP SO IT CAN TANK.

arktikphoenix

I see this pair in a huge Down trend. USD is very strong currently and I just would like to see that little pullback so we can go ahead and enter this trade. I like how its been respecting the .5 and .618 Fibo zone thats what i created that entry zone with. Very Excited for this pair to come up so it can go right back down.

arktikphoenix

STRONG SELL BECAUSE OF THE 3 THINGS. THE FORK FIBOLEVELS AND ELLIOT CORRECTIVE WAVE.

arktikphoenix

USING A FORK TO TRADE PART 2. LETS SEE WHERE IT TAKES US THIS TIME. SO FAR LOOKING REALLY GOOD.

arktikphoenix

Im starting to learn forks and I just saw this trade opportunity and I want to see how it pans out. THis is not a signal. But if i keep winning trades with the forks, I'll start using them for signals. Tighter stops = Higher Lots. Higher Lots = Higher Profits.

arktikphoenix Updated 

I see the market continuing the down trend if it verifies that sell limit area as an area of resistance. MA and EMA are still pointing down as well. Please dont take my trades live. I am still a beginner at this and i dont want you guys to lose any money because of me. I'm still getting the hang of this and I have lost lots of money trading forex, and Im starting...

arktikphoenix Updated 

we got a 61.8 retracement on EURGBP. That confirms for me the movement to the downside. And as i was putting out the trade idea. the trade is already moving towards profits. I've used a higher stop loss then before, because its a bigger move.

arktikphoenix Updated 

THE MARKET IS IN A SHORT TERM UP TREND. HOWEVER THE LONG TERM TREND IS TO THE DOWN SIDE AND PRICES ARE REJECTING OFF THE CURRENT LEVEL. Stochastics are pointing to the downside as well. SO thats why i said it was sell.

arktikphoenix Updated 

I see a sell here. The market is moving down on the 4 hour chart and the market is rejecting the previous high again and i can see that the EMA and the MA have crossed. Will update as i See fit but for now I am in a sell.

arktikphoenix

Looking for A Retest in that highlighted area to confirm the movement to the downside. If That area fails again. Then I will be looking for a sell on this pair.

arktikphoenix Updated 

This is my analysis on EURUSD. Based on the charts I can see that the pair has been rejecting the area in the blue box. The Exponential Moving Average and the Moving Average have not crossed yet on the H1 time frame however as time passes im sure that it will. As the Relative Strength Index(7) is pointing up as well as the Stochastic which I used as a (14,3,3)....

arktikphoenix Updated 

I can see the the trend line being respected and this pair giving us atleast 40 pips for the buy limit. I see from the RSI that the pair is almost oversold, so it should be getting ready to make its way up. We see the Ma and the EMA crossing for a sell but in terms of support and resistance it will be a brief move to the downside just giving us the ability to buy...

arktikphoenix Updated 

This is my Analysis for USDJPY. Based on the charts I can see that the pair has been This is my analysis on USDJPY. Based on the charts I can see that the pair has been verifying the area in the blue box as an area of support. RSI and Stochastics are pointing down, which is good so that we can verify the area of support so that it can make its move to the upside....