Bull Bat on AUDCAD 15 Mins ChartBuy at .9633 with stop at .9616
first target at .9656 and second target at .9671
15min
GBP/USD Structure Support on the 15 min and Daily DivergenceThere is some divergence on the Daily chart. Which could lead to a change in the trend. On the 15 min price is entering into a previous consolidated range (yellow box.) I'm looking for price to reject the bottom part of the range at the .786 fib 1.3913. I would like to see price V-Bottom or see some other strong rejection around that area. Then I'm looking to take profits at the swing highs 1.3985 and 1.4035. Stops just below the 1.39 even handle.
Bull Cypher on USDJPY 15 Mins ChartBuy at 112.68 with stop at 112.46
First target at 112.87 and second target at 112.99
Bull Bat on EURJPY 15 Mins ChartBuy at 123.14 with stop at 122.98
First target at 123.37 and second target at 123.51
NZD/USD Support Now Resistance 15 minThis former support line may act as resistance. This is potential area to get short with a .382 Fib for right in the zone. Look to go short around .6625-.6630. Looking to take profits around .6578 at the drop-base-rally zone. I'll have my stop just above .6630's. Good luck trading.
TRADE OF THE DAY 15-02-2016I JUTS GOTTED STOP OUT AT A SMALL LOSS ON THE USDCAD, AFTER ENTERING BULLISH WITH THE PRICE FINDING SUPPORT SEVERAL TIMES AROUND THE 1.3812 AREA, AFTER THE PRICE WENT UP AND BROKE THE UPPER LINE OF A BEARISH CHANEL THE PRICE CAME BACK AND HITTED MY STOP LOSS THAT WAS MOVED A LITTLE MORE THAN THE B.E. LINE.
COMMISIONS: (-1.80-1.80)= $-3.60
TRADING PROFIT/LOSS: (1.56)= $1.56
RESULTS: =-2.08
GOD BLESS YOU ALL.
TRADE OF THE DAY 12-02-2016ENTERED LONG ON THE CAD AFTER THE PRICE REACHED THE SUPPORT LINE OF THE CHANNEL LOCATED BETWEEN 1.3890 AND 1.3990, THE PRICE CAME DOWN AFTER THE RELEASE OF THE US CORE RETAIL SALES WhICH SHOWED BETTER THAN EXPECTED RESULTS. THE PRICE WENT UP AFTER THE RELEASE AND BROKE PREVIOUS RESISTANCE LEVELS. ALSO I GOT ANOTHER TRADE OPENED THAT WAS A TRADING EXECUTION ERROR, WICH IS THE BLACK BOX, BUT WAS ABLE TO GOT OUT OF IT AT A PROFIT.
COMMISIONS: ( -1.80 -1.80 -1.80 -1.80 ) = $-7.20
TRADING PROFITS: ( 26.77+106.99 ) = $133.76
RESUTLT FOR THE DAY : = $126.56
GOD BLESS YOU ALL.
This morning's short-term view of SPX500Market might retrace to the 1865 level in the early European session.
Support area:
- yesterday's low
-50% retracement on todays down move
-possible short-term divergence building on RSI
Watch out for this level as it could turn out to be a good shorting point for the rest of the day.
USDJPY: Potential Bearish Bat PatternUSDJPY: On 15 minutes chart, we have potential Bearish Bat Pattern.
Confluence: Bat Pattern, trendline, resistance, 50% Fibonacci retracement, bearish trend.
ENTRY: 119.571
TP1: 119.271
TP2: 119.092
SL: 119.825
EURJPY 15 min Cypher setting upThere's a potential cypher looking to complete around132.34.
if it turns on a dime initial targets are:
TP1 around 132.170
TP2 around 132.065
Stops above X around 132.49
Bear Cypher Pattern on USDCAD 15 Mins ChartBear Cypher pattern is forming on USDCAD 15 mins chart
Sell at 1.3967 with stop at 1.3993
First target at 1.3944 and second target at 1.3930
Bull Gartley on EURUSD 15 Mins ChartBull Gartley pattern is forming on 15 mins chart on EURUSD
Buy at 1.0993 with stop at 1.0975
First target at 1.1017 and second target at 1.1032
Bull Bat on USDCAD 15 Mins ChartBull Bat pattern is forming on 15 mins chart for USDCAD
Buy at 1.3686 with stop at 1.3667
First target at 1.3713 and second target at 1.3731
S&P500 Inverse Head & Shoulders Pattern This is easier seen on the 5min chart. The S&P 500 has put in an Inverse Head & Shoulders Pattern. This is a reversal pattern. Look to buy the Neckline or the Breakout (shown on chart). Look for Targets around Gap fill.
Bear Cypher Pattern on USDCAD 15 Mins ChartBear Cypher pattern is forming on USDCAD 15 mins chart
Sell at 1.3585 with stop at 1.3615
First target at 1.3559 and second target at 1.3543
USDCAD Balance Area Breakout 5minI will be taking this trade on the 5 MIN CHART. I will wait for a break and close out of the balance area for entry. Stops will go 1 ATR behind the Breakout Bar. Targets are shown on the Chart.
Expecting for it to breakdown for a pullback on the Higher Time Frame
