Dale_Ansel

Dale_Ansel

Great LONG opportunity on EURJPY After long downtrend that started back on Dec 15th, price hit a KEY resistance level dating back to OCTOBER 2014. market respected this level and bounced, then tested again forming a double-bottom. Price respected level once again and we now have a break-above short term support and close above short term support. Now we are @ a...

Dale_Ansel

This PAIR has been in a down trend since the beginning of the month. Descending Broadening Right Angle pattern has emerged. Based on this pattern and the overall trend of this pair it's a great time to go SHORT. Case for entry: 1. Selling into the prevailing trend. 2. 6th touch on right angle resistance. 3. Evening Star reversal candle at top of recent...

Dale_Ansel

This could possibly be a HUGE move to the downside. Price is at an extreme low and breech of key support level has occurred. Target is typically the width of the wide end of the Triangle, so pretty big. Price looks like it might be going back up to the support line on the Daily charts, so possible re-test where support now becomes resistance. Let's see what happens!

Dale_Ansel

Great risk reward of 3:1 Price bounced off Long-Term support from 2010 I placed very tight stop. Good luck!

Dale_Ansel

Great opportunity to enter LONG on Euro Pound. Pair has been in consolidation on the daily time frame and has established a nice channel. Recent downward movement has tested support twice and is poised to bounce. This is a great 6:1 Risk Reward trade if entered now with tight stop just below last low. First Target 0.382 Retracement Second Target 0.618...

Dale_Ansel

This is a very simple, yet very effective trend following strategy. 1. Display price using Heiken Ashi candlestick. (Removes a lot of the noise and allows to see smoother movement). 2. Trading daily charts allows less whipsaw movement and much cleaner entry/exits. 3. Confirm if trend is UP, DOWN or SIDEWAYS. Entry Signal is: 1. Medium to Large HA candle...

Dale_Ansel

Long Bullish continuing uptrend for quite some time. Quick stall here with the formation of a "Triangle Top". 63% chance of an upward break-out. In 70% of cases bullish breakouts occur when the price is moving into the highest third of its annual range, which is true in this case. The target is reached 81% of the time if bullish breakout occurs. so lets keep...

Dale_Ansel

Weekly chart showing this level as previous resistance. Now its showing support in the 4h chart. Just completed a double bottom (70% chance of bullish reversal) If price reaches the neckline there is a 67% chance statistically that the target of 103.25 will be hit. Good Trading!

Dale_Ansel

Great opportunity at 2:1 RR I'm being somewhat conservative with profit target. only about 50% retracement. May run.

Dale_Ansel

During some time period the chart can look terrible and would appear to be un-tradable. As you can see there are ample opportunities to trade if the eye can identify patterns in what would seem to be chaos.

Dale_Ansel

Great opportunity to go LONG on this Pair. Price is at an all time low for this pair and once indication that it has reached bottom is confirmed, seems like a great opportunity. I also noted that this par really seems to move well harmonically. I cloned the first Leg A trend line then placed it next to all the other major up-leg moves, and did the same for...

Dale_Ansel

Long Trade