InsiderB

InsiderB Sep 29, 2016

We have simple trendline setup and after retest of lower trendline of broadening wedge , Audusd went bullish breaking trendline. Audusd retested support zones around 0.7650's thrice and moving up withing broadening wedge ( ascending wedge), so with proper stops we can initiate longs. Feel free to leave your comments / opinions...

InsiderB Updated  Sep 29, 2016

Note : Though the gartley looks skewed in Nzdjpy, its according to My Rules ! Trade with care...

InsiderB Updated  Sep 28, 2016

Usdcad is forming ascending triangle pattern & its about to breakout soon. (i) To keep things simple I have shown Elliot & corrective waves as completed (ii) We can alter the wave counts and predict breakout direction (iii) Enter the breakout direction with proper stops ! Happy Trading !

InsiderB Updated  Sep 28, 2016

Eurusd..its already breaking so posting it out without description

InsiderB Updated  Sep 28, 2016

Gartley pattern with awesome risk-reward. Trade after valid analysis !

InsiderB Sep 27, 2016

(i) Purely based on Trendlines & price action (ii) This is aggressive setup, so non-risk takers don't trade (iii) Enter after valid analysis only ! Happy Trading...

InsiderB Sep 27, 2016

EURUSD chart itself self-explanatory, as we have wave count I expect market to give breakout to downside from symmetrical triangle but lets see... If upside breakout happens I will go with tight stops ! check ur rules before trading.. Happy Trading !

InsiderB Updated  Sep 26, 2016

GBPUSD chart is quite self0explanatory,a s per the wave count shown on the chart , the elliot wave has completed and just started the corrective wave (c), We have double bottom also providing support, GBPUSD retested and bouncing back from zone around 1.2930's. After checking your trade plan initiate longs. Happy Trading !

InsiderB Updated  Sep 23, 2016

GBPUSD is very bullish for last few sessions and shorting it would sound like crazy idea. But with proper trade plan & defined risk you can short GBPUSD. I expect the price to reach the marked resistance zone and we have previous swings Golden Fib Ratio 61.8% in our resistance zone 1.3150's which adds up more confirmation, check RSI overbought condition if you...

InsiderB Sep 20, 2016

Note : (i) Ideally, Ascending Triangle pattern should break upside (ii) At raretimes, we can get downside breakout So decide depending on breakout with proper stops ! Happy Trading !

InsiderB Updated  Sep 20, 2016

Seriously , I dont need anymore reason to short this NZDUSD. Both ABCD's ends up around the resistance zone and Deep bearish gartley, so why wait ? I initiated My short positions in NZDUSD, the risk was small compared to the reward. Just one thing, Two or many patterns indicating same direction of trade is just for confidence only, it wont assure 100% success of...

InsiderB Updated  Sep 20, 2016

While Am posting this I m having an eye on whether my orders are filled or not. USDCHF, requesting you to fill orders in the resistance zone before going down. If you draw Fib levels on previous swing, fib levels also matching with reversal zone. Lets see how this trade goes... Happy Trading !

InsiderB Updated  Sep 20, 2016

This is simple trade setup with couple of trendlines and based on price action happening in EURUSD. (i) If we get bullish confirmation around the trendline initiate long positions (ii) if trendline is broken, shorting in EURUSD will be the plan. This is really simple setup without any fancy indicators or patterns drawn. Happy Trading !

InsiderB Updated  Sep 19, 2016

I'm initiating long positions on USDCAD as price has failed to pierce through the support zone around 1.3140's, My orders got filled around 1.3160's, check your trade plan and risk-reward before entering long in USDCAD. The sole reason for entering long is the strong support zone we have in USDCAD. If all goes well and Target 1 is achieved in USDCAD,...

InsiderB Updated  Sep 19, 2016

So time to get short in AUDUSD, I believe. We have resistance zone from 0.7565's in AUDUSD and around the same zone we have potential bearish gartley completion and ABCD completion also. Back to Back pattern completion just improves confidence to take trade, but that doesnot assure it will reverse. As per My trading plan I will be trading Bearish Gartley...

InsiderB Updated  Sep 17, 2016

Hi Friends, I have left the above Nifty chart without proper description on purpose. Just take a look at the chart, if you can understand why those lines are drawn, its fine. If you don't then also its perfectly fine. But whats not fine was,taking trade decisions without knowing what those lines where.Do you think complex systems are better than simple trading...

InsiderB Updated  Sep 15, 2016

In AUDUSD we have ascending triangle formation, on simpler logic after every consolidation there will be a good move which happens out of breakout. I'm not strict elliott follower, I just use that for my analysis to support the decisions I'm gonna make, not to determine direction also. Sometimes rarely I used that to determine direction of Market. Its just My...

InsiderB Sep 15, 2016

USDCAD provides us 3 scenarios to trade. As mentioned in the chart above, we can have breakout in any direction, but broadening wedge ideally results in Upside breakout. If USDCAD decides to go on opposite direction, we can short USDCAD with proper stops. The 3rd scenario is we have retested the previous support @ 1.3130's in USDCAD, so on Bullish confirmation we...