USDJPY-Weekly Market Analysis-Nov19,Wk2A bullish shark formed on the 1-hourly chart. This is for the trend reversal trade reference to the higher timeframe. 4-hourly chart a bullish flag or the daily chart for the head and shoulders bottom
Protraders
Trade Ideas Educator: AUDCAD SharkA bullish shark pattern setup that also retests the previous support on this timeframe, I will watch closely how the market reacts on the 1st target and that reveal more on the market movement and giving a thoughts if I should extend my targets to the bearish Gartley pattern setup on the 4-hourly timeframe.
Trade Ideas Educator: NZDJPY CrabA bullish deep crab setup on the 1-hourly chart on NZDJPY has a deeper entry of the 4-hourly 5-0pattern.
I will be observing how the market react at 5-0 pattern completion to decide if to engage the deep crab pattern and may even extend the target deeper.
Trade Ideas Educator: EURJPY GartleyA bullish Gartley setup that forms a deeper entry-level than the base of the bullish flag on the 4-hourly timeframe at this moment.
May extend the target to a further level, either completion of a bullish flag or bearish bat on the daily chart.
USDJPY-Weekly Market Analysis-Nov19,Wk1I'm in for a breakout trade and trend reversal trade for this pair. I'm waiting for a retest of the base flag or even better, a Bullish Shark Pattern for a buying opportunity and extend the target upwards.
GBPUSD-Weekly Market Analysis-Nov19,Wk1A buying opportunity for the bullish bat will definitely need confirmation before engaging this trade, may extend target the daily chart bearish bat pattern.
EURUSD-Weekly Market Analysis-Nov19,Wk1Having a mixed sentiment on EURUSD across all 3 timeframe traders will have to be careful and precise with their analysis.
I'm waiting for a retracement on the 1-hourly chart for a selling opportunity and extend my final target to 4-hourly bullish bat completion.
Upon the confirmation of the bat, I will have an extended target to the bearish shark on the daily chart.
EURNZD Long Trading Idea EURNZD Trade Idea Long
Shark Harmonic
SL: 1.74058
ENTRY: 1.74301
ENTRY2: 1.74512
TP1: 1.74693
TP2: 1.75047
TP3: 1.75626
!!!DISCLAIMER!!!
Trading Foreign Exchange Currency Pairs (FX/Forex) and/or Contracts For Difference (CFDs) on margin carries a high level of risk to your capital. These derivatives may not be suitable for all investors. The information contained here is general in nature, provided without reference to your past, present or future financial situation. This information is general in nature and does not constitute advice or a recommendation to act upon the information or an offer.
AXP Running UpThroughout the past couple of months, slow Dark Pool Quiet Rotation™ was going on while the stock was in Buyback mode. Professional Traders used AXP Buybacks to set up good runs until the past 2 weeks. Now Buybacks stalled, and Retail Traders have taken over.
BTCUSD - Food for thought from The New Guy on the block.Bitcoin and other Cryptos have not been an interest of mine until recently. However, sticking to the market technical's of smart money traders, I have seen some interesting price action in BTC of late and have actually entered a trade (for he second time ever in my 10 years trading) in the beast that is Bitcoin.
This chart will undoubtedly look foreign to most and the idea and principles behind it obscure. However, there is a reason for that.... its not retail level investing.
First and foremost, BTC looks to be in the eyes of the people again recently which, to me, means only one thing! Bad news. When everyone starts getting on board, that's when smart money are existing the market. For me, BTC looks ready to head lower again. I am not calling it at $1 however lower is in my view.
We look at the H4 chart for The Beast and can see a lovely run on stops. By this I mean we have a high posted and oh, what follows, another high. Thus creating the "run on stops" which, were artificially engineered in the first place by the first high forming. Admittedly it is early to be in the trade from a low risk perspective as the ideal scenario for the entry would be once we have seen the low broken (see image) and then a trade higher to collect more of the all important liquidity from all the "Breakout" gamblers, I mean traders, with stops within the range of the accumulated orders.
My second entry will be looking for shorts again from the area highlighted as the "order collection block" with a view of Target 1 being down at around the 8000 mark.
For all you Crypto try hards, a measly $1000 dollar move probably doesn't excite you too much. But it will put fuel in the Lambo for a few weeks! ;)
Happy to hear feedback and comments from all.
UTX Collapses on High Frequency Traders’ Volume Surge DownwardUTX was under heavy selling by High Frequency Traders for 2 days. The runs down ended at a weaker support level. Sell short traders should consider this a risk area for a bounce, due to Buy to Cover orders from Professional Traders closing sell short positions.
V Hits New All-Time HighVisa had a velocity run that took the stock to a new all-time high recently. The run concluded with Professional Traders taking profits quickly.
Hasbro Gap HeldHAS gapped up on strong earnings news. The gap is a breakaway and is now in a compression mode. Balance of Power shows some pro trader activity in the stock at this time. The next resistance level is the highs of September. This is a swing or day trading setup.
CERN Testing Previous HighCERN gapped in April to quickly complete the short-term bottom formation. It ran up on pro traders and smaller funds buying in the past few days. It is now nearing the previous high’s resistance of last August. This may create a retracement due to profit-taking by the professional traders.
New All-Time Highs for AXPAXP has moved above the resistance of prior years' all-time highs, and it is now at a new high. American Express moved out of the range after its earnings report. Pro traders are in the mix.
AAPL: Pre-earnings setup with Pro Trader patternsAAPL has a pre earnings report setup. The pattern is stepping upward ahead of Apple Computers’ first quarter report for 2019. The candles indicate this is a professional trader pattern. HFTs may gap this stock on the day of the earnings release.
XOM: Consolidating as oil prices rise, watch for pro tradersXOM is in a consolidation as oil commodity prices are rising. This offers incentives for pro traders to enter ahead of any HFT activity. The bottom has some buybacks in the candlestick structure as well. The goal is to generate speculation among the retail crowd.
WDC: Completing bottom formation ahead of earningsWDC is completing a bottom formation ahead of its earnings report due out later this month. The bottom has a shift of sentiment pattern seen in volume-based indicators. Candlesticks show pro traders are controlling the stock price as some smaller funds sell out as the bottom completes.
MS: Pre earnings run with pro traders ahead of reportMorgan Stanley had a pre earnings run ahead of its report today. The stock has pro trader activity in the mix. A gap up should be expected when this pre earnings technical pattern forms.
QCOM: Pro traders' end of day reaction to AAPL newsThe huge candlestick yesterday was NOT HFT activity. A run occurred toward the end of the day, driven by pro traders who received early news regarding the settlement of a 3-year lawsuit with AAPL. Pro traders initiated the end-of-day run and smaller funds’ VWAPs triggered to continue the end-of-day run on high volume.
GBPAUD - FORCAST FOR LONGTERM NEXT TARGET AT FIBO 261.8 EXPECTThis's my next plan for GBPAUD in 4 hours chart timeframe. As you can see in chart we found the big falling wedge patten.
if you want to trade with falling wedge pattern the next target in the green line. the stop loss 100pips with rewards 500pips
this is the good setups for long trade. 1:5 Risk Ratio, Enjoy my trading plan!
Disclaimer on,
"FROM ZERO TO HERO TRADING GUIDE"
@ZEROSKIFX
AIRG: intermittent momentum, strong runs from pro tradersAIRG has intermittent momentum developing with strong runs from pro traders that rest or have profit-taking in between the runs. The stock’s all-time high is around $29. It faces resistance at $17-18 which may shift the trend sideways temporarily.
CHKP: Intermittent Dark Pool accumulation and Pro TradersCHKP is one of the few stocks that has breached its previous all-time high, corrected mildly and then resumed the uptrend to new higher highs. The stock has a mixture of retail traders, pro traders and mild Dark Pool accumulation at times. The momentum will stall intermittently with profit taking from professionals.
