LorbeerInv

LorbeerInv Updated 

Hi traders, for me wave 5 compeltes here. Looking at the 240 I see a break of the widge and a swing low + pullback into breakout level. BatPattern triggered as well. Target on the 382 of the pattern is 260Pips. Tipically I am looking for a 50% retracement for the secondary target. For a correlationc onfrmation you may find same short signals an the EUR/GBP as well.

LorbeerInv

Absolutely loved this month performance on the pair.

LorbeerInv

After the runaway Gap price developped an harmonic ABCD movement. Not only are we at D point right now but we can gather together multiple Fib ressitance levels in this area. Looking closely on the daily and 240M chart this week. Nice erea for a countertrend trend trade. IV% is far below 20% so no way to collect premium this time but Debit Put Spread may do just...

LorbeerInv

In correlation with the short EURUSD trade I just disclosed, the EUR shows a shorting oportunity against GBP as well. Waiting for an entry signal an a complex ABCD retracment pattern.

LorbeerInv

I was waiting for the EURUSD to come this high to build a short position. Many arguments, Elliottwave + Advanced Pattern + Overbought indicate a fall for the next 1 or 2 monthy. However, lookig at the 240M chart, price create a wedge or flag pattern that thends to breakout to the upside. Looking to enter the second part of my short position arond the 1300´s

LorbeerInv

Hi traders. Those who are theading a continuation of the GBP relief after the strong UK stock figures and the announcement of UK Hedge funds to investo into domestic stock, GBPUSD currently is in a support zone providing a good entry opportunity. I like to take some profits early and and roll the stop loss to break even this increaes my hit ration. I find it a...

LorbeerInv

There is nothing new under the sun. Waiting and applying the stuff that works. You don´t have to trade every single asset or take every single opportunity, just wait for teh stuff that you understand to happen. Warren Buffet recently said, he would have never baught Micrsoft or Amazon because he didn´t understand their model. But he understood Coca Cola and...

LorbeerInv

Prices gives me 2 indications of downtrend pressure: - Formed resitance around 0.88´s and then - Close below the Swing low of the above resitance area I am trading the short side on an ABCD complex retracement entry as I consider the most recent close below swing low to be the prefered trend direction. First target for me tipically is 50% retracement and the...

LorbeerInv

Thos who would like to play the Long side of AUD/USD may find an entry at this key support zone

LorbeerInv

AUD/CAD is indicisive for days and such price rebalance pattern preferably appear in this kind of environment. My prefered entry mode is by candlestick pattern on lower tiemframe and I tipically target the 500 retracement of the total pattern.

LorbeerInv

ABCD pattern as a complex correction of a former trend brekout confirmation. I enter on candlestick pattern in a Fib resistance zone of extentions of AB and inverse extention of BC. My prefered target is the half of the pattern. The way I trade these pattern on my pair result in 70% hit ration with 1.6 to 1 RRR Have fun traders! Opportunity is everywhere, just...

LorbeerInv

Investors may realise some of the +5.5% and let the rest run. If price pulls back, we are provided with another opportunity to buy cheap.

LorbeerInv

If price pushes into resitance one may trade a potential retest of the downtrendline breakout level. Then at the breakout level statistics provide your with a direction edge on the long side for a conitnuation of the most recent uptrend.

LorbeerInv

These higher highs pattern tend to break to the upside. Price continuously builds up pressure until it "explodes" Maybe the asian session will bring some decision on GBPUSD. Long term I am however still bearish on Sterling as long as the exact T&C of the Brexit or not clear...

LorbeerInv

At the 240M the second shoulder is about to form. Looks like price will form a candlestick pattern on the 240M which is a Double Top on the 60M. Perfect run: Shorting the second shoulder for a "neck break" Going long in support until the rebound to the neck then Short trend continuation

LorbeerInv

Just sold AUD/USD into the direction of the underlying downtrend. - Price is currently trading at a major downtrend line - Price continuously trades lower. Indicated by red & pink support lines - 240H shows kind of triple top + Candlestick pattern

LorbeerInv

Not sure if price will make it the whole way still today but this may be some Monday breakfast profit!

LorbeerInv

There is nothing new under the sun. On the weekly this pair is currently in a downtrend. Price is resting at a critical resistance level. The will tell if either: - the 382 holds, hence the pice forms a double top and then continues its downtrend or - the price will form a complex pullback in form of an ABCD pattern and hence provides an even better short entry...