Just had day 1 of the pro trader workshop. It was a great morning, and we covered a ton of stuff. We will be having day 2 tomorrow morning starting at 8am est and if you missed this mornings stream and you want to watch it, here is the link. youtu.be One of the things that we will be covering tomorrow morning will be the Technical Scoring System. This is a great...
The EurJpy is now up into a major structure zone here on the 240min TF. We have structure, fibonacci confluence and a Bear Setup on the Stochastics (which is what the red arrows are pointing to). If you are looking for a longer term hold, this has a ton of potential. If you would like to watch me break this down, here is a link to the video. youtu.be Good luck...
Next week I will be live streaming the Pro Trader Workshop on you tube. It will be a total of 5 days and will run from 8am est to 11am est. We will be covering everything from basic structure analysis to trend trading and money management. If you are interested, here is the link. www.youtube.com As for the chart, we have a bullish cypher pattern here on the...
I just put our a video on how to be ahead of the market. Here on the EurJpy, we got three potential setups. Opportunity #1 is a technical scoring trade. If I don't get a double bottom w/RSI divergence, then I will have limit orders down below at Opportunity #2 which is a Bullish Bat Pattern. If the Bat pattern gets blown out, I will have Limit orders resting down...
I just put out my weekly review and preview video breaking down a few upcoming opportunities like the one here on the GBPUSD. You have a potential Deep Gartley pattern that will complete at 1.2323. The awesome thing about this setup is the risk reward. Since it completes so high, if you a better than 2:1 reward to risk ratio to target 1. Minimum stops need to be...
I just put out a video showing my analysis of my entire FX trading portfolio. It illustrates, how you can manage and swing trade a 6 pair portfolio while only needing to spend an hour or so on the computer doing analysis. Here is the link to the video. youtu.be In the Video i also break down this potential setup on the GBPUSD. We have a bearish cypher pattern...
We got a potential bearish cypher pattern that is setting up on the GbpUsd before the BOE Governor is set to Testify on Brexit. This Pattern will complete @ 1.22960. Minimum stops need to be above the X-Leg and target 1 is at 1.22514, target 2 is 1.22215. I also just released a video breaking down the UsdCad and showing the potential setups I am currently...
There is a potential bullish Gartley pattern on the UsdJpy that is setting up. This Gartley will complete @ 102.976. I just put out a video breaking down this potential trade setup, along with a structure trade that I entered into last night on the NzdUsd. As for the Gartley, minimum stops need to be below the X-Leg at 102.809 and targets are at the 38.2 (103.598)...
On the AudUsd the is a potential bearish cypher setting up. The pattern will complete at .76021. The nice thing about this particular cypher pattern is that it is with the trend here on the 60 min chart. So you can play this normal with T1 at the .382 and T2 at the .618 or you can use the cypher as an entry for a trend continuation trade. Now when it comes to...
On the USDJPY I just entered long on a trend continuation setup. This was the very first trading strategy that I learned, and its still my go to setup. Excellent win rate, extremely simple and yet very effective. Previous resistance should now become support, get at least a 1:1 R/R for Target 1 and shoot for a 127.2 Fibonacci Extension on Target 2. As Albert...
I just put out a video on how you can bracket the market using advanced patterns. I also cover how to be 2 steps ahead of the market if and when one of the patterns gets filled. Here on the USDCAD chart, we have a bearish bat pattern (Blue) set to complete at 1.32939. At minimum stops need to be above the X-Leg at 1.33126. I will personally be using an ATR based...
Nice consolidation setup here on AudJpy. You got nice structure to the left, you have a ab=cd pattern with ratio confluence. And finally i got my entry signal at 14:00 (the candle marked by the blue arrow) with the double top on bearish divergence. There is also a gartley pattern in this mess, but since i missed the entry with a limit order, i had to build a...
I just put out a video breaking down this potential setup on the NZDUSD. In the video I cover: using multiple time frames, harmonics and Fibonacci. I also cover how to manage potential structure trading setups like this one, if and when you are in them. For those interested, here is the link to the video. youtu.be Good luck and Good trading!
On the EurJpy, there is a bearish bat pattern that is only about 20 pips away from completing as i write this and it is also currently in an overbought position according to the RSI. This pattern will potentially complete at 115.625. Now with your stops, they must be above the X leg, but to be safe I would suggest putting them above the structure highs that are...
You have a potential bullish Gartley pattern that will complete right at the major support level on the GbpJpy. This support level has held since the decline after Brexit, and it is as good a place as any to look at getting long. Add the Gartley pattern completion and you have a nice potential setup. I just put out my weekly forex preview on my you tube channel...
I just put out my "Weekly Forex Preview" video. In this weeks video, I go over a few different currency pairs, that have potential advanced patterns setting up on them, like the EurUsd. On the chart here, we have two potential patterns. First we have a very deep completing "Gartley" pattern. This pattern will complete @1.1056. Now I personally use a 1 ATR based...
NzdUsd finally broke above that resistance level that it had been up against late last week. If you missed the breakout, you now have a chance to hop on with a trend continuation setup. Now price has put in a double bottom at this level w/rsi divergence, so you can use this as an entry. I personally use the 60 min for entries, but my trading time frame is the 240...
We have a potential Fibonacci inversion setup on UsdCad which will complete @ 1.29518. This setup is a fib ext. ran from the B point up to the A point. You are then looking to sell the 1.618 level. Target 1 is the .618 Fibonacci retracement with target 2 being a 1.272 fib extension of the entire move. This is a great setup for trending markets that put in a...