KelvinShamKaiMan

KelvinShamKaiMan

Two bearish bat patterns sported in four hour chart. The blue bat pattern provides a potential reversal level from 0.85590 to 0.85300. The red bat pattern provides a potential reversal level from 0.85100 to 0.85040. Because the market is in a downtrend, so those selling opportunities are follow-trend trades. I will wait for the confirmation signals to show up near...

KelvinShamKaiMan

A bullish bat pattern is almost complete in one hour chart, it provides a potential reversal level from 50.230 to 50.140. In the larger time frames, the market is in down-trend, so this buying opportunity is a counter-trend trade. Because the potential reversal level is near the daily chart low point (~50), so I can mark a beautiful stop loss level easily. I will...

KelvinShamKaiMan Updated 

A bearish bat pattern is completed in four hour chart, it provides a potential reversal level from 1.71520-1.70780. In the larger time frames, the market is in a down-trend, so this selling opportunity is a follow trend trade. I am waiting for confirmation signals to short this market. Please follow me if you want to know my trade ideas everyday.

KelvinShamKaiMan

A bullish bat pattern is almost complete in the weekly chart. It provides a potential reversal level from 1.06570 to 1.05800. I am waiting for the market to show up a confirmation signal which is near the potential reversal level, then I will short the market. Because this selling opportunity is created from the weekly chart, so I may need more time to make my...

KelvinShamKaiMan

A bearish bat pattern is almost complete in one hour chart, it provides a potential reversal level from 1.70850 to 1.70910. I will wait for a confirmation signal shows up to decide should I short the market. Please follow me if you want to know my trade ideas!

KelvinShamKaiMan

A bearish bat pattern is completed in daily chart, it provides a potential reversal level (PRZ) from 111.670 to 111.560. Now the market breaks above the PRZ, but it does not break above the bat pattern's X point 112.400, so I still think this selling opportunity is valid. If the market keep stays in the area between X point and PRZ, also it shows up the...

KelvinShamKaiMan

A bullish bat pattern is spotted in four hour chart. It provides a potential reversal level (PRZ) from 1.67020 to 1.66800. In the weekly chart, the market is in a sideways trend now, and the PRZ is near the bottom of the sideways trend, so I can mark a beautiful stop loss level in this buying opportunity. I will wait for the market show up confirmation signal...

KelvinShamKaiMan

A bearish bat pattern shows up in four hour chart. it provides a potential reversal level from 55.185 to 54.930. Because in the larger time frames, the market is in a downtrend, so this selling opportunity is a follow trend trade. I will wait for the candle closing in the potential reversal level, if the market shows me any confirmation signals, I will short this...

KelvinShamKaiMan

A bearish bat pattern show up in four hour chart, it provides a potential level (PRZ) from 84.260 to 84.210. This PRZ is near the previous bearish bat pattern's PRZ, so this is the second chance for me to short this market. I will wait for the confirmation signal which is showing up near the potential reversal level, then decide should I short this market...

KelvinShamKaiMan

A bearish bat pattern is completed in one hour chart. It provides a potential level (PRZ) from 1.30470 to 1.30300. I placed pending orders at 1.30400 to short this market. Yup, the market is already leaving the PRZ and I may miss that trade. But I still place my orders near the top of the PRZ, because I need to match my risk management requirement. Let's see how...

KelvinShamKaiMan

A bullish bat pattern is almost complete in four hour chart. It provides a potential reversal level from 1.60330 to 1.60170. In the daily chart, the market is in a sideways trend. The potential reversal level is near the bottom of the sideways trend, so I can mark a beautiful stop loss level easily. I will wait for the confirmation signal which is showing up near...

KelvinShamKaiMan

A bearish bat pattern is almost complete in four hour chart. It provides a potential reversal level is around 51.980. In the larger time frames, the market is in a down-trend, so this selling opportunity is a follow trend trade. I will not place any pending orders. I will wait for confirmation signals show up, then short this market. Please follow me if you want...

KelvinShamKaiMan Updated 

A bearish bat pattern is completed in four hour chart. It provides a potential reversal level around 1.32780. Because the market does not break above the bat pattern X point, so this selling opportunity is still valid. I will wait for confirmation signals show up, then short this market. Please follow me if you want to know my trade ideas!

KelvinShamKaiMan Updated 

A bullish bat pattern is almost completed in four hour chart. It provides a tight potential reversal level at 0.64480. In the larger time frames, the market is in a down-trend, so this buying opportunity is a counter trend trade. Please be careful about risk management. I am waiting for two confirmation signals to long this market. Please follow me if you want to...

KelvinShamKaiMan

In four hour chart, we can see the market is in a sideways trend now. In one hour chart, there are two bat pattern completed. The pink bearish bat pattern provides a potential reversal level from 0.97500 to 0.97440. The blue bullish bat pattern provides a potential reversal level from 0.96300 to 0.96250. I will wait for confirmation signals show up which is near...

KelvinShamKaiMan

The market test the previous bearish bat pattern. It provides a potential reversal level from 1.27370 to 1.27250. My plan is I will still consider this trade until market break the bat pattern X point 1.27660 and close above successfully. I am waiting for confirmation signals show up. Let's see how it goes. Please follow me if you want to know my trade ideas everyday.

KelvinShamKaiMan

A bearish bat pattern shows up in four hour chart. It provides a potential reversal level from 1.76750 to 1.76340. I will highly focus on this trade idea in the coming month. Because in the larger time frames, we can see the market is in a sideways trend, the PRZ is at the top of the sideways trend, it means I can mark a beautiful Stop loss level easily. Also, the...

KelvinShamKaiMan

A bearish bat pattern is almost completed on a daily chart. It provides a potential reversal level (PRZ) from 1.67240 to 1.66870. In the larger time frames, the market is in an up-trend, so this selling opportunity is a counter trend trade. Notice the market didn't reach the PRZ since the beginning of 2010, It is not a good sign for me to short this market. So I...