IvanLabrie

IvanLabrie Jan 24, 2015

I'm considering buying puts, risking 3% to make a potential 10%+ in the next couple of weeks. Based on the price action and the volume I expect this pair to gap down on earnings. A fairly reasonable risk/reward if you ask me! I added a standard deviation and moving average to the range exp volume indicator, to determine if volume is above or below average, which...

IvanLabrie Jan 24, 2015

Jen is showing signs of strength, while the dollar is topping, displaying climactic action in multiple pairs. The technicals suggest a decline is in order, and I'd be looking for an entry short on a breach of the highest daily low of the past week. Options expiration levels revolve around price action as we see the ranging pair bounce off them, containing price...

IvanLabrie Jan 19, 2015

Volume action spells trouble for BTC bulls, I see it hitting the last lowest low, or even lower, targetting 153 initially, to then aim for 125. My ultimate low target would be 86usd, but that price will be harder to reach. Good luck!

IvanLabrie Jan 19, 2015

The chart shows different channels and areas of congestion that give us an idea of how price can move in the coming weeks. I expect it to move up, to hit at least the 20 dollar mark in the coming days. Upwards potential after surpassing these level is high, with an intermediate target of 30usd.

IvanLabrie Jan 10, 2015

Today's currency basket setup. Filtered pairs using positive swap, if possible, and Carl Ekstroem's currency strength measurements. Good luck and remember to set a profit target, for the whole basket, and trail stops accordingly. I will trail as soon as each hits 40 pip profit. Cover 70% and then set a BE+5 pip profit stop.

IvanLabrie Jan 7, 2015

I'm short GBPJPY, target 1 is 177.80 and target 2 172.75. I'll trail to break even+5 after 40 pips down and take it from there. Relative strength shows a stronger Yen, vs a weakening Pound Sterling. Correlation with the SPY is strong, so it's a good idea to watch that chart, since it normally leads this one.

IvanLabrie Jan 4, 2015

It's a good idea to come up with a systematic way of trading. I learned a great deal from Tim West, I'm indebted to his teachings. He taught me about the importance of risk management, and how it can trump trading accuracy in the long haul. You can be profitable even with random entries, if your tp is bigger than your stop. That made me think a lot, and I'd like...

IvanLabrie Jan 3, 2015

I hold a position in this pair, stop is at 1.5630, my target will evolve as price action unfolds, but I'm looking at 1.5250 roughly. Swap pays 31 usd cents per micro lot, per day, so it's a pretty good deal if you manage to enter a sound trade short. A Demark trendline break would be confirmation, and an upper breach would give the bullish case wings, albeit temporarily.

IvanLabrie Jan 3, 2015

What's not to like? Right now this pair is showing signs of a temporary pullback, a breach of the high and even handle at 0.91 would be of my liking for a long position. The market might be waiting for news to resume its pace. As usual, I'll expand in the comments section. Good luck traders!

IvanLabrie Jan 3, 2015

In this pair we see a clear uptrend, and a pullback to support. The price is over the weekly pivot, I drew two Tom Demark trendlines showing where I expect it to break. A safer bet long would be on the breach of the daily pivot with a stop below even handle support at 0.7700. Daily currency relative strength shows USD and NZD on top, with JPY closely following...

IvanLabrie Dec 31, 2014

I entered 6 positions right before the NY session closed. This is officially my last trade of the year, and hopefully it'll be a great start once I am in profit. I've come to like this approach, trade currency baskets considering relative strength and use the Tim Westian methodology to determine SL and TP levels. It's a good idea to watch the NY session on the...

IvanLabrie Dec 31, 2014

Selected pairs: Long: AUDUSD, AUDCHF, CADCHF Short: USDCAD, GBPCAD, EURCAD, EURAUD

IvanLabrie Dec 30, 2014

See the currency basket idea for more info.

IvanLabrie Dec 29, 2014

Relative strength + technicals align. Weakening crude can only help this trade.

IvanLabrie Dec 29, 2014

Trade numero 2.

IvanLabrie Dec 29, 2014

In this chart I display a trade setup I've been working on. You pick 5 currency pairs, based on relative strength figures, and individual price action traits. The idea is to profit from the mean reversion phenomena that normally occurs during the low volatility Asian session. Many pairs will show reduced volatility and a tendency to revisit previous areas of...

IvanLabrie Dec 25, 2014

Merry Christmas folks! Today I decided to show you a phenomenon I'm sure many of you already know of, but which I find is the best and most profitable way of approaching Forex trading, based on my past experience. I normally traded intraday using 15m and 5m charts in the usdcad and usdjpy pairs, before transitioning to longer timeframe trading. If your capital...

IvanLabrie Dec 18, 2014

The news about the negative rates gave way to a nice short setup. I'll enter short on any 4h pullback, targetting initially 118.459 and as a secondary target 116.079. Stop over the light blue line in my chart. Good luck gents!