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Patiencepays

Gold Giant Pennant "Giant Pennant" sounds funny, but that is exactly what Gold finds itself in. A giant contracting pennant pattern. The nice thing about these patterns is which ever way they conclude they move to approximately the length of the widest range of the pattern. The bad thing about these patterns is that no one can really know how they will conclude. The ending is often marked by many fake outs, leading both buyers and sellers to mistake which way the pattern will conclude. If the markets can stay strong and oil continue its push to 93, then we can reason 1. there will be highly likely a bearish fake out dipping below the bottom of the pennant bottom. 2. We can estimate the price target at around 2110. 3. IF on the other hand the market remain weak this will likely do the opposite and fake out the bulls and conclude down to a target of 1541. We only need patience and let this play out and with more certainty we can profit from what wil likely be a very strong move in either direction
COMEX_MINI:MGC1!
by Sinex
1
HMM Smell something cooking at HBARWell HBAR had to get talked about at some point This is a coin that could do something special if there is a Bull run this quarter. It may not be ready just yet (could take weeks) but if you look at the failure to break support and the absence of any major Green Vectors below, this looks like it will do some quick dipping and flipping or just flip from anywhere imminently. The market cap is sitting above 4bn but would it be impossible to see it go to 20 (5x) or 40 (10x) or 50 (12.5x) with the right reason behind it like and a tweet from someone important or confirmation of a connection with the Gates foundation or something, who knows. Anyway, the bottom line is we have Buy limits down at $0.03, $0.05 (Green weekly Vectors) and $0.07, if it dares to go down there or if there is a bear run. All we know is after the double up (100%) from $0.25 - $0.50 in Aug/Sept 2021 we are thirsty for more blood but the best price we have had so far is $0.21 and took partial profits at $0.31 (50%). This is definitely one to keep an eye on and if we can get a better buy price then we are here for it This is not financial advice and should be taken with a pinch of salt.
Long
by Squeeezy-Trader
SOYBN/USD and EUR/GBP on watch for me today.SOYBN/USD: • If price corrects and a tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. EUR/GBP: • If price pushes up above our rayline, it does so impulsively a subsequent tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
NZD/JPY and NZD/USD on watch for me today.NZD/JPY: • If price pushes up to and ideally just above our lower rayline and it does so correctively, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/USD: • If price pushes up to and ideally just above our lower rayline and it does so correctively, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1
No Forecast (CHF/JPY Trade Update).The market looks like it needs a little time to develop on the lower time frames, at least in terms of opportunities which meet my plan. So this is just a quick trade update for you where the short trade that I placed on CHF/JPY on Tuesday is concerned. Patience always pays folks and I'm in this game for the long haul, not with the intention of "getting rich quickly" like a large percentage of my fellow market participants are but with the intention of continuing to generate wealth for myself and my family steadily and when you let the market come to you as opposed to you chasing the market you'll feel empowered as I always do and this is going to increase your confidence in your trading ability as it has mine and it's this confidence and this mindset which is going to set you up for success as a trader. Have a great weekend!
Short
by StewySongs
1
GBP/USD and USD/CHF on watch for me today.GBP/USD: • If price corrects and a tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/CHF: • If price corrects and a tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
No Forecast (WTICO/USD Trade Update).The market as it has for the whole of October is looking great frame a higher time frame perspective but very poor from a lower time frame one, at least in terms of opportunities which meet my plan. So this is just a quick trade update for you where the short trade that I placed yesterday on WTICO/USD is concerned. Patience always pays folks and I'm in this game for the long haul, not with the intention of "getting risk quickly" like a large percentage of my fellow market participants are but with the intention of continuing to generate wealth for myself and my family steadily and when you let the market come to you as opposed to you chasing the market you'll feel empowered as I always do and this is going to increase your confidence in your trading ability as it has mine and it's this confidence and this mindset which is going to set you up for success as a trader. Have a great weekend!
OANDA:WTICOUSDShort
by StewySongs
2
SUGAR/USD and AUD/USD on watch for me today.SUGAR/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price only pushes up to and ideally just above our rayline and the last part of the move is corrective, then I'll once again be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it but I'll be hiding my stop loss above the upper ascending trend line of our most recent piece of structure for extra protection. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. AUD/USD: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
CHF/JPY on watch for me today.CHF/JPY: • If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
1
CHF/JPY and USD/JPY on watch for me today.CHF/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight one hour flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If price simply pushes down impulsively from where it currently is, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. USD/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
No Forecast (AUD/CHF Trade Update).No Forecast (AUD/CHF Trade Update). The market looks like it needs a little time to develop some lower time frame structure where many pairs are concerned, but if there has been some development by the end of today then I'll obviously bring you another forecast tomorrow morning by way of another forecast. Patience always pays folks and I'm in this game for the long haul, not with the intention of "getting risk quickly" like a large percentage of my fellow market participants but with the intention of continuing to generate wealth for myself and my family steadily and when you let the market come to you as opposed to you chasing the market you'll feel empowered as I always do and this is going to increase your confidence in your trading ability as it has mine which is vital to our success as traders.
Short
by StewySongs
1
AUD/CHF and CAD/CHF on watch for me today.AUD/CHF: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. CAD/CHF: • If price pushes down to and ideally just below our most recent low and the last part of the move is corrective, then I'll be looking to get long with a risk entry either after a phase line break, or just above a one hour or a fifteen minute rejection from it, but I'll be hiding my stop loss below the wick to the left of our most recent low for extra protection. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
CHF/JPY and AUD/JPY on watch for me today.CHF/JPY: • If price pushes up to and ideally just above the upper trend line of our most recent piece of structure and the last part of the move is corrective, then I'll be looking to get short with a risk entry either after a phase line break, or just below a one hour or a fifteen minute rejection from it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. AUD/JPY: • If price pushes down, it does so impulsively a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
Short
by StewySongs
2