AndreValentin

AndreValentin

TRADE #9 Possible scenario for GJ. I am basing this idea as of 1.618 extension of wave 1. The price meets perfectly with the fib extension. sell at 147.000 - Which is 23% retracement of wave 3 and it is in conjunction with the down trend line. Other option is 148.300 - around that level. Which is 38% retracement of wave 3.

AndreValentin Updated 

TRADE #4 Price is reaching major support at 147.500 - 147.000 Also, it is very near the trend line too. These are the two major signals that I am using to entry the trade. Placing a buy Order at 147.000 Stop loss at 146.400 Target 156.400 ( at least ) If the plan doesn't go right I am risking only 60 pips. Prices can even go further it can go to 145.280...

AndreValentin Updated 

TRADE #9 This is just for my own records. Open trade really late at 150.016, after touching resistance at 150.874. My target is 147.098 and I think I am being too generous our out of my mind. Might have to adjust and take profit at 148.800. Stop Loss at 150.565 If we break 147.977 we will go to the target and will trigger my buy order.

AndreValentin Updated 

TRADE #7 Double Top with an Engulfing candle. The price hasn't reached that price level since 16/12/2014. I have shorted this pair already as soon as I had seen the level and prices moving away from the top. Little did I know that when I wake up the market had closed with an engulfing candle. Sold at 1.24992 Stop Loss at 1.25612 My initial target is 1.23209...

AndreValentin Updated 

TRADE #8 I waited for the price to come to 61% but it never came stayed in the 50%. Price just broke the flag formation and is heading down. I am selling on the market when the market opens on Monday and will decide where to put my stop loss. First target could be 1.66887 Second 1.65600 Third 1.62500 Reason for the trade 1) 50% retracement 2) seems to be...

AndreValentin

TRADE #6 Overall price still in an up trend. Price respected 61% retracement from the previous move. Now it is approaching to 50% - 61% retracement of the major up trend. I am placing a buy order at 1.84300 which is 61% retracement Stop loss at 1.83150 ( Due to its volatility I am risking more than the usual ) Reason to get in the trade: 1) price is...

AndreValentin Updated 

TRADE #2 I missed the first move down. But I am in on the 50% retracement of the prior trend. 0.90132 ( with a massive engulfing candle printed in a zone ). I had a sell limit order at 0.90132. Stop loss at 0.90707. *** reasons to get in the trade: I had previously placed a sell limit order at 50% and because there was a high probabilistic chance that price...

AndreValentin

TRADE #5 Price has broken the channel and heading to the the lower part of the channel. Which collides with another strong support area. I am placing a Buy Order at 1.27000 Stop loss at 1.26450 Target - 134.600 ( at least ) Reasons for entry 1) 61% retracement 2) Last strong support 3) 161% extension of the previous move.

AndreValentin Updated 

TRADE #3 Simple and objective. Price is reaching between 50% and 61% of the previous move upward. Support at 1.21700 +- Price is approaching to the trend line. Overall move is up. buy order placed at 1.21730 stop loss at 1.21370 Good Risk Reward. If price breaks the trend line we will be going to at around 1.20880. *** This is only for my records. ***

AndreValentin

Trade #1 I am doing these analysis for my solely record. I have been studying very hard to improve my consistency and one of the techniques are to record your ideas and thoughts so you can compare in the future to see if you succeeded. GBP/JPY #1 Price has broken a very strong resistance. 14/09/2017 It went to 152.800 and then came back to retest the area...

AndreValentin Updated 

I can see a bigger wave 2 forming in red and a 3 wave forming in blue. What enforces the move up it is the 61% of retracement of wave 1 in red and 161% of wave 3 in blue. They are exactly in the same price zone . Let's see now Good luck

AndreValentin

I can see a 2nd (in red ) wave degree in a bigger picture which is still forming and a 3rd wave ( in blue ). Coincidentally which enforces my idea is that 61% retracement of the bigger wave 1 in red is exactly where the 3rd wave extension 161% is. Let's see now Good luck.

AndreValentin

Pretty intense move up since 24/10/2016 It seems that there was a rejection at 114.882, and we might have started ABC wave correction. Only time will tell us. I would jump in the trade right now. We have to wait for the down move at least to the A correction and then from there take an action. If you open a trade now, you are potentially risking approximately...

AndreValentin

Strong resistance At 1.79300 Prices should fall to 1.72100 and then start what I guess the 3rd wave and we might get back to the top of the channel 193.000. It's a long term prediction. If price breaks above 1.79 we will have a lift off. This currency is very fragile and very difficult to predict. Let's see what will happen. Trend lines that I have drowned...

AndreValentin Updated 

We could potentially go to 127.000 . However, we don't know if this 4 wave is correct. Prices are trading inside this massive descending triangle so it could go down. We don't know if wave 4 is at the top for this moment. Which is 132.330. If all the trades worked according to the plan this would be the beginning of wave 5. But it never works this way. Just so...

AndreValentin Updated 

Long Idea for GBP/JPY 137.100 entry price Stop loss 135.800 Take profit - 142.000 Chances are huge that the price will stay in the flag. Good luck

AndreValentin

Hi Guys. Here is an idea. it might be a bit late and the price will never go back to this level in this particular setup. Bullish flag reaches it's target 90% of the time. Target is 145.000 which was a S/R in mid June First fibo retraced just below 23%, which formed the flag and then started to go up. Now, I'm expecting to see prices come down to 139.000 which...

AndreValentin Updated 

Hello guys, This is my second analysis. So don't judge me. It is simply an Idea. As you can see in the chart, there is a beautiful flag formation. However, it is a crucial moment. Will the price break and go down and hit the possible flag formation target which is around 179.100 - 179.000 or the Support area will hold and send the price up again? I honestly...