IvanLabrie

IvanLabrie

Counting on positive BoC news tomorrow, this is a simple trade setup. Long position targetting the cloud as a correction timer. This also agrees with the principles of Tim West's technique, and the fundamental background. Tomorrow should be a decisive day, the technical setup is clear, let's see how it does. Good luck!

IvanLabrie

BTCUSD is in its 3rd inside week after testing both the top and bottom of the downtrend channel. I had proyected an 11 week downtrend using Tim West's time at mode methodology. Once this timer expires, I expect price to travel up and kiss the top of the downtrend linear regression channel. What happens next is hard to determine, but the safest bet will be a...

IvanLabrie

This is a tight risk/reward, good luck!

IvanLabrie

Like the title shows, this seems like a good risk/reward trade. Time target is 16 days initially, but can evolve into a larger position trade as well. Once target one is reached, trailing the stop to break even might be a good idea. Good luck!

IvanLabrie

There is an Interesting connundrum at the heart of the share lock up situation, one which may tilt the scale one way or the other. If we see a strong breach of the three levels below, we will surely see price plummet to IPO price levels, which at this point is still possible, but not probable. In the chart we can see strong levels of support and resistance and...

IvanLabrie

In this chart we can see key levels of support and resistance, and what appears to be an accumulation phase, as depicted by the channel. Huge volume spikes are followed by small rallies, time and time again, so this makes me think that we established an important low (highlighted by the pink dotted line). As long as price stays above this dotted line, while...

IvanLabrie

In the first part I covered the Euro pairs I am looking at, and here I will discuss Pound Sterling. The dotted lines represent the ideal position for a stop loss. Similarly to the Euro trades, I will go for 2.5% exposure, making the total 5% with both baskets active. I will treat these trades like a single entity, and won't close the longs unless one of the pairs...

IvanLabrie

This is a new currency basket trade. Euro has been displaying signs of strength, whereas the selected quote currencies have been weakening over time, presenting us with an good opportunity. I will go long risking a total of 2.5% split between all pairs. (There is a second basket I'm looking at, featuring Pound Sterling, which I will publish in a minute). Stops...

IvanLabrie

I will enter a long position in this pair, targetting the weekly R2 level. Time target is roughly 10 days, but can be a more rapid ascent, in which case I'd protect profits with a trailing stop under each day's highest low. As long as we're above the weekly pivot and the stop below we will be safe. Once we hit the ultimate high, we can start looking for a short,...

IvanLabrie

I think we might get a good opportunity on the long side here, there is strong support in the strongest area in the previous distribution, so a long position can be initiated targetting the 185-187 area. Ultimately I think this pair will correct down severely but that might take 8-16 days to happen. For now, I'll go long.

IvanLabrie

I entered long as shown in the chart, there is a potential setup that points to the profit targets depicted in it. Risk/reward ratio is attractive, and the estimated hold time is 3-7 days. Good luck!

IvanLabrie

I can come up with a variety of instruments to trade based on the recent macroeconomic events, but right now I'd like to focus on these, since they give me a relatively close timeframe for the reversal date. Mark your calendars, between February the 5th and 9th, because I think these pairs will start moving strongly in the directions of these arrows. I'll post...

IvanLabrie

Looking at a short term short sell here. I'll open a position tomorrow at the open, target is the very least the 0.8950 level but since we're so close to the long term highest low/lowest high channel, I think it has a strong chance of rebounding, but also a strong chance of crossing through and going for even lower lows. Should be a profitable trade, either way,...

IvanLabrie

I'm looking at the possibility of a short setup emerging from this pair. On the shoulders of crude showing signs of a bottom, and possible reversal, and an overall bullish gold, CAD might have what it takes to regain strength and pull this pair lower, back to the consolidation zone below. The ATR bands indicator I've been using recently displays the current...

IvanLabrie

In this chart I decided to illustrate part of how I approach trading after the training I received from my mentor Tim West. I'm using my take on ucsgears' value bands, with the periods Yacine Kanoun helped me fine tune, as a nice way of presenting the range in which the currency moves, up and down, consolidating, trending, and rebounding whilst maintaining a...

IvanLabrie

Interesting formation in this pair, the spread is a big big, but the potential rewards are quite good. I'm taking it short, targetting the recent low initially, with a stop at 0.92489. Good luck!

IvanLabrie

We can see how this indicator helps determine the acceleration of trends as they come. Can be handy, specially if you are a diligent bar/candle reader. Ricardo is an extremely talented coder, wonderful indicator, really.

IvanLabrie

I'm considering placing two limit sell orders in this pair, at the 89.503 mark. I'll cover one once the first target is reached and place a buy limit at break even on the second order. The premise is that I expect to see a mild move up, before crashing down and reaching at least my 1:1 r/r target level. Invalidation level is the yellow line, yet stops are placed...