USDCHF shortHi traders,
on USDCHF we will have a great short option right now after a dripple top, lets trade the reversal and maby
the break of the bullish chanal of the last weeks.
This is a swing trade.
Your Stefan Forex
Tradeideas
GBPAUD longHi traders,
after a bullish engulfing pattern at the falling wedge pattern we see a option to go long to take some pips
from the reversal trade.
Have a good trading week.
Your Stefan Forex
AUDNZD shortHi traders,
this is my view on AUDNZD for the next week. If we see a bounce to the down side
at the trendline we can enter this trade.
I wish you a good trading week.
Your Stefan Forex
USDJPY-Weekly Market Analysis-Mar19,Wk2Only the 4-Hourly chart, USDJPY has retraced back into its buy zone. On the M15 timeframe, the market has shown a head and shoulders bottom with RSI Divergence.
The aggressive trader could wait for the market open and Long this pair right away.
A slightly conservative trader could wait for the retracement before engaging the trade and a more conservative trader could wait for the break and close above the head and shoulder's neckline, retrace back in the neckline to right shoulder zone before engaging the trade.
Each decision is a trade-off as there's no perfect system.
ZIL/BTCSo I am eyeing entries at 467 & 461 for this trade...setting a stop loss at 445....there may be a quick scalp opurtunity If we reject the 480 resistance...as long as we can hold over that I am eyeing these levels of resistance 540-575-645 as we approach these resistance areas I will tighten my stop losses and upon getting stopped out look to reenter at another support level.
NZDUSD Short. Catching the Retrace.My first trade idea on here! Welcome. NZDUSD showed HH's and HL's throughout the last couple of weeks. Each push up was followed by a retrace of at least 30-50 pips. Watched the H1 and M30 create a double top at a major level of resistance on the D1 and H4. Waited for a Bearish engulfing on the higher timeframe (H1) and a Break of Structure on the lower (M5-M15) to confirm the beginning of a retrace. Sold after the H1 bearish engulfing, placed fibs based off of the H4 chart from 0.68292 to 0.69234 as we will be using major levels as Take Profits. I know I am posting this a bit late but I do believe it has more room to drop! Much love
GOLD Daily Bearish BatHappy New Year 2019 Trading View Community! My first post for this year and like to share this great setup I found on Gold.
Gold had a good bull run since Nov 2018 and finally reached an area where I am interested to look for selling opportunity.
On the Weekly time frame, we can see price action doing a consolidation between about 1050-1400 which tells me that price is near the top of the consolidation range and may have reached an exhaustion point and ready to turn.
Lower to Daily time frame where i execute my trade plan, I found more supporting reasons to sell:
1) a clean Harmonics Bearish Bat setup that completes at about 1307
2) price is within my sell area marked by the grey area
3) at resistance level
4) strong confluences with previous highs and lows price points
5) RSI at or near oversold levels
Here is my trade plan:
Entry: 1307
Stop Loss: 1343.40 (-36.60)
TP1: 1254 (+47) (to bounce off previous Bat Pattern)
Extended TP: 1219.50, 1186.80
Once price exits and close below my sell area, I will shift stop loss to entry to reduce my exposure.
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
To all traders, may all your trades be green :)
GBPCAD H1 Bearish BatBat Pattern completed.
To take a short position after this hourly candle closes as a reversal candle.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
GBPAUD H4 Bearish BatFound this short opportunity in the middle of the Daily Trend Channel, not looking to set target all the way to the trend lines.
Healthy Risk-Reward of about 2.5x for target level, going for a single target trade.
For Set & Forget traders,
Entry: 1.8243
SL: 1.8336 (-93pips)
TP: 1.8013 (+230pips)
For conservative traders, look for confirmation candles before engaging the trade.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
USDCAD H1 Bear ButterflyBig time frame downtrend, for those who missed the weekly Bear Bat on my previous post, this is a potential retry point.
Entry: 1.3370
SL: 1.3407 (-37pips)
TP1: 1.3301 (+69pips)
TP2: 1.3254 (+116pips)
To consider extended target based on my analysis on the weekly chart:
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
EURGBP H4 Bullish Deep CrabNice Bullish Deep Crab completing nicely at the last price pivot point. Good Risk-Reward Ratio.
For conservative traders, you can consider waiting for more confirmation such as Double Bottom or reversal candles before entering the trade.
Entry: 0.8822
Stop Loss: 0.8775 (-47pips)
TP1: 0.8922 (+100pips)
Do like and share this post. Follow me if my trading style suits you as I will be posting new trade ideas and analysis regularly.
To all traders, may all your trades be green :)
Trade Ideas Analysis : NZDJPY H&SA head and shoulder bottom retest. Exact stops and targets will be sent to my subscriber.
This Wednesday, 23 Jan 2019, 7pm-9pm(+8GMT) I will be going through 12 currency pairs on the mid-week analysis, like and follow our facebook to join us for the session:
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You will find it interesting that how GBPUSD reacted exactly the way I've plotted the movement via the Brexit vote move.
Trade Ideas Position : USDJPY GartleyBearish Gartley on double sell zone, and falls on resistance,
A great reward:risk trade for me, for those who have joined our facebook live, good on you, you might have seen my rationale on the trade.
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If you like to receive our entry, stops end targets just subscribe to us, have a look on our amazing Oct18 results:
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Trade Ideas Position: EURUSD GartleyOn this daily chart, the Bearish Gartley has form but I've developed another trade ideas on this.
Will be sharing this with my subscribers if you like to join us in our fun loving community, feel free to check out our website on October Results, where we hit a total of 2,333pips of net profits:
forex100academy.com
GBPUSD H4 Bearish GartleyWaiting for price to reach Point D to complete the Gartley Pattern for a shorting opportunity.
Gartley completes at price level 1.2740 .
Higher timeframe trend is down, hence this trade setup will be with selling with the trend.
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We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
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USDCAD Weekly Bearish BatLarge timeframe traders dont miss this! Clean Bearish Bat Harmonics Pattern with good Risk-Reward Ratio (RRR).
Saw how the completion area of the Bat Pattern coincide with previous price points (circled in red) which gives this trade setup added probability boost. These are some of the things that I look out for when looking for trade.
Patience is the key for trading, especially when trading on the Daily and Weekly charts, be ready to hold on to the trades for weeks and months!
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
forex100academy.com
Bullish Flag on JPYAUD?JPYAUD appears to be forming a bullish flag. Too early to tell, but if going bullish it is usually a good idea to wait for a pull back. Waiting also gives you the opportunity see any sharp reversals and change your mind. Expecting to see a pull back/sell off because of the recent bullish activity, however if all goes as planned it will continue to rise higher and form a bullish flag.
EURUSD H4: Bullish ButterflyOne of my favourite Harmonics Pattern other then the Bat Pattern. I actually took the Bat short last month at completion zone (about 1.1467) for this pair and now Butterfly is presenting another trading opportunity. That is why Harmonics Pattern is so powerful and easy to identify, perfect more traders who are newer to the scene.
Look out for price if it goes lower to the 1.1219 - 1.1239 area where it is supported by the previous low and buyers' area.
I am looking to place a pending order due to my trading style (I love to Set & Forget ^^). For more conservative and active traders, you might want to look out for reversal candles once price reaches the buy area and a confirmation signal/candle before making a move.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
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CHFJPY H1 Bullish BatBullish Bat on this pair.
Allow price to drop into the buy area and to proceed with caution! I will wait for more confirmation signals before I take this trade. I see healthy Risk-Reward Ratio (RRR) on this one even at first level of take profit (1 : 1.7). Only look at trade setups with good RRR to ensure long term profitability.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
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Trade Ideas Position: GBPUSD SharkNote on GBPUSD is getting a good deal from the Brexit negotiation on Wednesday, we will be looking at this counter-trend trade closely.
Trade has engaged, exact entry, stops and targets shared with our inner circle group.
EURUSD - Weekly Market Analysis - August 2018, Week 3A bearish move on the daily chart has shown that market is more likely to depreciate than to appreciate in coming weeks. I will be waiting for shorting opportunity to continue the trade and realize that it does qualify an equal distant move, heading towards the next level of major support on the weekly chart.
Trade Ideas Position : GBPUSD H4 ButterflyExtensive depreciation of GBP also known as UK Pound due to brexit and this creates an emerging Butterfly Pattern. Looking to engage this as my filter start to give the signal to do so.
