Henry_Cleaver_Trading

Henry_Cleaver_Trading Jun 27, 2018

head and shoulders looking for continuation down

Henry_Cleaver_Trading May 7, 2018

System is in the charts. Looking for moves to below recent swing low points and possibly a cascade lower.

Henry_Cleaver_Trading Updated  Apr 23, 2018

Euro has had a slew of negative data recently alongside positive US data, very little of if any of this has been priced in. Balloning LIBOR disparity between EUR and USD also differential in FED and ECB policy in hiking. CFTC data shows net longs near all time highs which have to be unwound at some point. These factors alongside the technical break of a...

Henry_Cleaver_Trading Updated  Apr 5, 2018

Hi Guys, I was doing some extra analysis on my active trades over the weekend, my system is a version of the turtle strat so i have no real take profit, because of this im looking for longer term support/resistance and areas where price may stall or reverse. I have noted that on the monthly chart we have just broken down from a trendline dating back to January...

Henry_Cleaver_Trading Apr 2, 2018

As described in the title I dont actually trade these patterns but my system got me short a few days ago around 1.5933.

Henry_Cleaver_Trading Mar 25, 2018

If i could not use any indicators moving averages patterns or other things and was allowed one thing to trade it would be trendlines. The most popular bitcoin posters all seem to constantly have charts with multiple indicators, patterns, elliot wave, fibonacci. These give them the ability to play both ways and they scream about being right. My only advice to...

Henry_Cleaver_Trading Updated  Mar 23, 2018

If EURJPY can continue to respect this tentative trendline (2 touches so not really a trendline we will see) then i dont see any support for 500+ pips. I have chosent to short this pair earlier than USD as ECB continues to be increasingly dovish and net longs on EUR are near all time highs, these positions need to be unwound at some point which will lead to some...

Henry_Cleaver_Trading Mar 16, 2018

If we can make our way to the recent swing low then i see no structure for 150 pips meaning a swift move 1.2050 might be on the cards. Multiple technical and fundamental reasons for this play, central bank divergence, general ECB dovishness and lack of inflation, Bond spreads will all also contribute to this. Net longs on EUR need to be unwound at some point...

Henry_Cleaver_Trading Updated  Mar 9, 2018

As per trade system placed short at .78243

Henry_Cleaver_Trading Updated  Mar 9, 2018

As per trade system placed short at 1.38915

Henry_Cleaver_Trading Updated  Mar 9, 2018

Shorted at .72848 looking for resumption of downtrend

Henry_Cleaver_Trading Updated  Mar 7, 2018

Hi traders posting this a few days late, i took the trade at 9:29 01/03/2018 MT4 time. Reason was continued uptrend shown by EMA's and pullback to .618 and rejection off this level. 4 hour chart which is my trading time frame shows 3 rejections on this level and i enter on second as per system. Stop was placed at .786 retracement as stated in system rules....

Henry_Cleaver_Trading Updated  Mar 7, 2018

Hi traders, I entered short last night at .77659 stop at .77942. Daily 5 EMA and 10 EMA both heading down and 5 EMA below 10 shows continued downside momentum. Entry was at fib level after rejecting multiple times. Stop is at .786 due to other entry requirements for system. Take profit will be done by trailing stop of making a multiple (very high...

Henry_Cleaver_Trading Updated  Feb 6, 2018

Hi Guys, Been a while since I published anything, as ever this is not trade advice and I don't recommend you take any of my trade ideas. Recently Pound Yen has been in a decent uptrend and has broken and closed above previous support turned resistance. In the long term I think we can see the Pound rally to above the 160 level and continue to move higher in...

Henry_Cleaver_Trading Feb 6, 2018

Hi guys, very simple chart, once the 61.8 and 78.6 has been breached the markets returns to 100% around 80% of the time. Having said this i will be watching 5,500 level closely. If we dont see signs of life here i will be looking to but for a long term holding around the $3,000 level. Good luck and stay calm, dont trade with Credit (i think banks not allowing...

Henry_Cleaver_Trading Updated  Feb 4, 2018

Hi Guys, I have been backtesting a system recently and am putting it into us on a small account and will be documenting set ups as i see them. We will be looking to short AUD/USD after retracement on cross of EMA's. This trade is particuarly nice as we have AUD weakness across all pairs aligning with signs of USD recovery, we would be looking to hold this trade...

Henry_Cleaver_Trading Nov 20, 2017

Hi traders, ETH is grinding along nicely, we broke out of most recent range quite convincingly. I am expecting the previous range high to become support around 350. if test of previous range hold i think we will see 1.272 extension pretty soon withing the next week or so. After that i would expect market to retrace somewhat, and bounce around for some time...

Henry_Cleaver_Trading Nov 9, 2017

Hi Guys Monthly USD/JPY chart, might take a little while for trade to develop but i am looking at price breaking AND closing above a multi year down trend line to continue the more recent uptrend that we started in August. We tested this trendline on 3 occasions in the last week and a half, broke fairly convincingly above (40 pips) on 3rd Nov but couldnt close...