Anbat

Anbat

Last week of trading for EURJPY Weekly chart, showed strong bearish control. In face last three weeks have in a down trend. (Note) If you ever would like if a PAIR is trending, change from candlestick charts to HEIKIN ASHI, which informs you strength of current trend. From the body and wicks/shadows of last RED HA candle, SUPPORT of around 122.500 has been broken...

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USDJPY 15MN pair price action is now sitting at a resistance area on chart, previously (look left was a support area). Last three 15 mins candlesticks could not break this resistance area (45 mins of trading). Appears that last two candlesticks are making a Bearish Harami reversal pattern (two candlestick pattern, which previous candles body is larger then the...

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From looking at USDCAD 30 minute chart, appears to me that a Elliot Impulse Wave (1-5) has started. Pair is still on an upward 1-2 elliot wave, or start at this time. Noted on chart are S/R areas where expected consolidation in PA would be expected to happen, either before a continuation and/or a downtrend in PA would happen. Last week was a BEARISH downtrend,...

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From EURUSD 1D chart, pair had a bullish trend from December 2015 until May 2016 ( around 152 days), then started an Elliot Correction Wave A-B-C. This correction wave is still in-progress now. From chart, in my opinion 0-A wave down has been completed, back upwards to make A-B wave. It appears that last wave downwards has started a couple of days ago. I think...

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At this time... PA appears to be in a call or bullish trend. After breakout to top of orange box area of late. This is a one hour chart, so if trading shorter time frames, just take knowledge gained by looking at 1 hour chart and bring it to your shorter time frames. Just keep on trading with current trend.

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PA has been swinging and/or ranging in noted Orange Box & finally broke out to low side. That is where a 30 mn put trade was initiated related to being low risk and highly probable to continue in same TREND direction. Use areas's of consolidation, trends, supports & resistance in your trading for success. Wishing everyone the best!!

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So, my future thoughts on EURJPY have came TRUE (sometimes, when you think about where pair has been, you can see what has a high probability should happen next). When you look at pieces of a puzzle, think of whole picture Early, saw that PAIR was making an Elliot correction wave A-B-C wave, which has concluded. Start of Elliot impulse wave 1-5, has already...

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PA made a strong BULL move on Monday or first day of trading (Elliot Impulse waves 1-5), which was around 1.890 pips. Today it appears to me that an Elliot Correction Wave ABC, which is going on rest of trading today. Tomorrow, related to both stability of EUR & sudden quick moves up with JPY- in my opinion will be another BULL run up. On chart as noted, per...

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On this GBPUSD 15mn chart, I have placed some (not all) of the things that go through my MIND, when I'm trading. Some traders looking at this might be a refresher or an I already know this stuff kind of things. Other traders whom look at this chart might learn something new or have an Aha --moment and learn something new too. I am looking at chart patterns,...

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Just wanted to get back to some basic's that you should be aware of. The three best reversal chart patterns (on higher time frames- they are more reliable), but can be traded on lower time frames (< 1 hour> with good results too. They are as follows (can be bearish or bullish) 1) Engulfing (two candlestick patterns) 2) Harami ( two candlestick patterns) or 3)...

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From AUDUSD 1 Day charts...what I'm seeing next week is : First day or two PA will continue to climb to resistance area of around 0.74000, then around last 1/2 of next week PA will do a retracement downward. Will be looking at lower TF's & keep on being Bullish with trading, until major Trend changes. Will keep an eye on Stoch indicator to see where (red/green...

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From last year (June 2015 to June 2016)- EURJPY pair has had a clear Bearish Trend. Keep on trading this trend for money management. Wishing everyone best in trading!!

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Per EURUSD 1 hour-- from what I am seeing/my opinion- rest of TODAY will be Bullish. PA is above cloud indicator. HA candlestick trend downward has stopped & turned green. RSI is oversold at this time & below 30. I will be looking for remainder of today. Only caution at this time is that ema 9 & ema 26 are both still above PA at this time on EURUSD 1 hour....

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My opinion- pair is in control by BULLS.

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I do this YELLOW box area on all time frames when I am trading -- breakouts from consolidating areas are very safe & low risk to trade. Waiting & winning is always better then trading & losing. Quality of trades VS. Quantity of trades. Price action & Money management is KEY to trading...

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PA is above Ichimoku cloud indicator & above EMA 200 at this time. RSI is still going up at this time . The Ichimoku conversion line (light blue/ema 9) crossed over the base line (purple line/ema 26), noted on chart by an green X. Remember: This pair almost acts like a MAJOR pair, with both explosive volatility of the JPY with predictability of the EUR. This is...

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Information Only- Not 4 Trading. Trade in major trend direction, use S/R areas, momentum. Money management #1. From AUDUSD 1Daily chart with Heikin Ashi candlesticks for TREND analysis (instead of regular candlesticks). PA has been sitting on Support of 0.72000 (psychological round number) for last seven days. In my opinion this is a major PA direction change...

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EUR/USD 4 HR CHART From PA all of this month/May until current PA, appears to going thru a 1-5 Elliot impulse waves lower. #4 to #5 impulse or last run down is going on now & has bearish room to go before it finds a support level. Support area in my opinion is on chart, which is fairly large related to PA. The downtrend has been following a 45 degree angle,...