InsiderB

InsiderB Updated 

I'm not sure whether USDJPY will be kind enough to give us this entry chance around 108.5's, but if we get that chance, on bearish confirmation initiate shorts in USDJPY and ride all the way down to 107's zone by trailing ur stops carefully. As whole world knows this there may be occasional spikes to upside to hunt stops, so trialing stops plays the vital...

InsiderB

This is continuation of last post on XAUUSD. As expected Gold has risen up towards 1300 levels. We have mentioned earlier that 1150's will be buffer zone, as Gold went down till 1120's before getting bullish. Thats a very good move we have caught on medium term from 1150's to 1300's , so its advisable to book part of your profits and there can be a pullback again...

InsiderB Updated 

Our long pending analysis and the most sought analysis is Gold. True, people are worried at uncertain times and economic scenario's around them, so they want to analyse whether Gold will be safe security for part of their investments. Before we go into analyzing the Xauusd, Be clear about the fact we are building a case with our analysis considering various...

InsiderB Updated 

Its simple guys, we have symmetrical triangle pattern in GBPUSD and I have overlayed with Elliott wave count ( if you aren't comfortable with waves skip that part, no issues ). Even then we are in Bearish tone, so I expect the triangle to break to downside. Moreover in GBPUSD we have hourly resistance zone around 1.2380's , so even if upside break happens it may...

InsiderB Updated 

In Eurusd for quite a while we are channeling and price is moving up & down retesting the trendlines of the channel. Now a breakout will happen either in US or UK session today, I can;t predict exact time :) There are two ways I'm expecting to trade this downside move, (i) If Eurusd retests 1.063's after bearish confirmation enter shorts (Or) (ii) Straight...

InsiderB

Hey Guys, Check on Daily timeframe in Usdjpy, what we have got ? Bearish gartley one of the harmonic patterns which has good success ratio,so will it work in this pair ? We may need to wait for sometime to find the answer. We have another prev. resistance around 110's zone and Usdjpy hit the same area n completed the pattern, so according to this trade setup we...

InsiderB Updated 

Here is our next setup in 15 mins, after the Bear gartleys run of 150 pips, another breakout setup for us. I booked profits at target 2, but if you guys trailed stops its 150 pips in your pocket. Anyway Past is past, so don't get tempted for the same now, we will have what's available to us. I'm looking for this breakout in Eurusd, its almost replica of the...

InsiderB Updated 

Hey Guys, We are having back to back trade setups which are breakout ones. Remember we grabbed the previous breakout in XAUUSD all the way from 1225's and another channel forming now in gold which is ready for breakout. I'm biased towards downside breakout, but if Gold raises up don't panic bcos till 1215's nothing to worry about bulls. Check with your trading...

InsiderB Updated 

(i) I expect Audusd to break the daily levels (ii) After channel breakout (down) , If price reverses suddenly after touching 0.7450's zone be quick to manage the trade (iii) Active trade management is strongly advised in this Audusd setup I'm not ruling out upside breakout, given the Dollar strength, I expect aussie to move lower. Happy Trading !

InsiderB Updated 

This bearish bat pattern in Eurusd is yet to complete and I strongly suggest you to check your pattern ratio's bcos traders around the world use different ratio's for trading harmonic patterns. As usual stops above X and we are waiting for entry in our marked zone. Happy Trading !

InsiderB Updated 

I think GBPUSD will range for few more hours before breaking out. I could have done wave counts and predict the direction of trade, but elliot wave counts also fail. So, instead of playing predicting game, we can enter direction of breakout and if that happens to be false one, the other side move will recover the lost pips and give more pips than we lose. For...

InsiderB Updated 

We are in for treat guys, we are getting back to back trade setups in Eurusd and its going good. Now another chance for our short entry in same zone. But this time Eurusud won't come to our marked zone I guess may reverse a little earlier,lets see what happens. Enter only on Bearish confirmation else don't enter. Stops will go above recent swing highs...

InsiderB Updated 

We are moving within channel , retesting trendlines in USDJPY and we have another bullish chance with resistance turned support on valid bullish confirmation. So if you are one of the guys waiting for this chance check it and grab it Happy Trading !

InsiderB Updated 

We should call ourselves lucky, we missed the double bottom which failed & we expected upside breakout but order cancelled again as it broke down. So we are lucky that we didn't lose any pips in Eurusd. Now, there is support turned resistance zone in 1.0710's and on bearish reversal, I'm shorting, though EURUSD moved a bit down after touching zone, let it give a...

InsiderB Updated 

As shown in the post above, I'm waiting for the downside breakout from the symmetrical triangle. You can have elliot wave counts within triangle or just skip it, its purely based on trade rules. I feel XAUUSD is weak on long timeframe also though it has support around 1200;s zone but breaking the zone will result in heavy downside movement. Happy Trading !

InsiderB Updated 

Enter longs in EURUSD , if it breaks to upside ( from triangle ). I won't be entering on downside breakout as of now. I missed that double bottom entry earlier, so if this triangle breaks as expected I will hop on the trend, else trade is cancelled.We are aiming around 50 pips with less than 20 pips risk, if breakout happens upside. Happy Trading !

InsiderB Updated 

Pattern within pattern, yes it is. We have Bullish Gartley pattern within triangle pattern, so I'm expecting a bullish move to upside till 1.2222's & depending on what happens in the zone GBPUSD may to 1.2325's. But there is so much of bearish sentiment in Gbpusd so, a downside breakout from triangle will be awesome. Check your tradeplan before taking any trade...

InsiderB Updated 

Eurgbp is consolidating from last week and I expect the breakout to be wild one. I don't rule out the possibility of false breakout, bcos people will get excited, price moves up & euphoria settles down comes back hits our stops and market moves to other direction. In triangles always wisely place your stops ( figure out a better way to manage risk n reward ) , so...