The cable is currently experiencing a huge sell off, i was holding several shorts yesterday and managed to make just short of 1000 pips. however, with that being said i feel that anything that is either vertically up or down creates no stability in the markets, which then leaves huge gaps in large orders. If you on the third of may we had a parabolic move to the...
I don't often share any chart write-ups except Forex, this is due to me being a long term investor into blue-chip companies. AMD is one of my favourite 'Tech challengers'. Although it is great in size already, it has a long way to grow, to get up there with the likes if Intel. With that being said, i think that AMD has great growth ahead, I personally am just...
After the bullish run of EJ last week it stopped at a crucial zone, my trend bias is still undecided, however, i am fairly confident that we will see EJ retrace to the zone in green (lower green box) before making its mind up whether its going to continue its break to the upside or crumble down in the downwards channel. The breakout last week could be a common...
After a few bullish weeks for the pound it’s started to loose momentum, I would be incredibly careful trading this pair currently, however there is a good RR to have. Focus on any brexit news and keep a close eye on the trade.
After residing in Bali for a month sheltering away from most of the fud and bloodshed throughout the cryptocurrency and indices markets its nice to be back and see a bit of green in the markets. This is my personal opinion on what I believe will happen to bitcoin -1.60%. The banks want bitcoin -1.60%more than we do, if they can create an emotional rollercoaster of...
After residing in Bali for a month sheltering away from most of the fud and bloodshed throughout the cryptocurrency and indices markets its nice to be back and see a bit of green in the markets. This is my personal opinion on what I believe will happen to bitcoin. The banks want bitcoin more than we do, if they can create an emotional rollercoaster of a ride with...
As you can see with this weeks bullish influx for UC we are destined for a pull back of some sort and this one I think is going to come in right on que with some nice resistance above it! This is priming us for another big move up. We are currently in a bullish channel and are looking at double top forming, i wouldn't be surprised if the next candle will be our...
If you follow my posts you will see that I've profited from a cypher pattern on euro/usd for the last month or so... Now the pattern has completed and price is starting to reverse I'm looking for the next move up! This falls in nicely for another move up to situate us right near the resistance that I've already marked up! Good risk reward on this trade.... DONT...
This cypher pattern is right on the sweet spot to enter! I have been following this cypher pattern from the B-C leg and I banked some pips from it then, now its time to take the cream from the top! 1-1 risk reward with positive carry fees.... What's more to love?
GJ has been a focal point of my weeks trading, although its been very counter trend and choppy its still had some really good trading opportunities inside the bearish channel on the h4 (not on this photo). Now price has broke out of the bearish h4 channel and is looking as if its going to break north. Price is currently in a bearish D1 channel but if the momentum...
As you may recall my short on EU a couple weeks ago if you was in it you would of gained 200+ pips or 10% if you risked 1% here is a completed chart and the sight of a possible reversal to actually complete this pattern.
With a lot of financial news bombarding us this week I find it good just to look at the higher timeframes just to see where we are in the bigger picture... As you can see this setup is like the UJ setup I posted on here last week that is now 60 pips in the profit (as I write this). Just a simple setup with support and resistance that can offer us a nice RR and low...
We are approaching a big area of resistance and a nice shorting opportunity could come into play if we get a candle confirmation! Trading doesn't have to be difficult just look left and see where price has previously respected... you can see my TP 1 which offers nearly a 2-1 and a TP two with a trailing stop could see you a 4-1 RR...
Another crypto hardfork means that there is going to be another deflation of the market before a big move up! This hardfork itself couldn't of came at a better time with Jamie dimon backstabbing bitcoin to high hell! The influx of bitcoin activity has been caused by the upcoming bitcoin gold that is coming out and will be readily available on the 1st of November...
There is a nice short setup coming into play for US/JPY I have a short limit order on the 618 line... This way of trading cyphers isn't totally correct to the book but its my own adapted way of trading them and I've been making 10% more trading this way than just waiting for the pattern to complete... All of the setups I've gave out on TV have capped at least...
The chart illustrations should show what I think is going to happen I will have a buy order for the upside from A-B to catch the reversal from C-D then long it from D to the 382... so three possible setups from this that could get you some decent gains!
Nice looking cypher setup for the down side now, I would of like price to test the 618 like my previous post with Euro/Usd but it has formed a bearish pattern inside our zone, Nice gains to be had in this short... Also in the long and then the short again! All should offer a minimum of 3-1 RR.
Nice opportunity for the short side if the B to C leg completes just closed below the 618 fib line its also broke a lower close low candle, could see a nice risk reward on this I've got 1:5 risk reward on this trade I will also be looking for the long side after (if) the C leg reverses in the zone and then I would look to target the C-D completion.