Bearish Gartley ''222'' appearing on the 30m charts of gold Trade triggered at the 0.236 level after testing the 0.618 level. Good luck to everyone trading gold!!
Bullish .786 Retracement appearing on the hourly charts of dax Buy limit pending at 15130 with stops at prior lows around 14960 Good luck to everyone trading this market!
Bullish 2.00 Extension appearing on a 15m chart of XAUUSD The chart reveals a potential emerging trading opportunity. Will be trying to buy this market with a limit order at the 0.236 level after testing the 0.618 level plotted on chart. Stops will be at prior lows with profit target sitting at prior highs. Will be moving stops to break even after a 2nd attempt...
Bullish .618 Retracement appearing on the 4h charts of USDJPY Good luck to everyone trading USDJPY!
Fibonacci extension with the confluence of a couple trendlines appearing on a hourly chart of bitcoin Awaiting confirmation according to plan before attempting to short this market with a limit order plotted on the chart. Stand by for updates! Disclaimer! Trading Futures, Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading...
Bearish 78.6% retracement appearing on a 15m chart of BTCUSD Sell limit: 0.236 ABC StopLoss: C TakeProfit: 1.618AB=CD Disclaimer! Trading Futures, Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. This post is published for educational purposes...
Trading Plan (extensions) ENTRY TECHNIQUE Visual interpretation of predefined set-up on chart (ABC) A price movement of 61.8% measured from B to C Pending limit order at 23.6% measured from B to C TRADE MANAGEMENT StopLoss: C TakeProfit: B Comment: Bearish Fibonacci extension appearing on chart. Stand by for confirmation Good luck to everyone trading USD/CAD!
Three drives to a top with regular bearish divergence confluence. Does not look good for bulls here. Demand sitting at $37,000 while the initial support is located around $30,000. Good luck to everyone trading Bitcoin!
A number of bullish patterns appearing in the same area on USD/JPY 1h timeframe Butterfly Three Drives Falling Wedge Regular Divergences EntryPoint: 108.7 StopLoss: 108.6 TakeProfit: 109.4 Good luck to everyone trading USD/JPY!
Entry: 1739 StopLoss: 1732 TakeProfit: 1774 Partial close at 1748 and 1758 is optional Good luck to everyone trading Gold!
Larry Pesavento is a 50 year veteran trader. He began his career trading full time in 1967 while in graduate school getting an MBA in Finance following a BS in Pharmacy. In 1982 he became a member of the Chicago Mercantile Exchange where was a local in the S&Ps currency pits. Following this he worked for a commodity corporation in Princeton New Jersey from 1985 to...
Trading Plan (EXTENSIONS) ENTRY TECHNIQUE Visual interpretation of predefined set-up on chart ( ABC ) A price movement of 61.8% measured from B to C Pending limit order at 23.6% measured from B to C TRADE MANAGEMENT StopLoss: C TakeProfit: B Comment: Bullish Fibonacci extension appearing on chart. Stand by for confirmation. Good luck to everyone...
Bullish Fibonacci retracements appearing in an uptrend on the hourly: Good luck to everyone trading gold!
Trading Plan Visual interpretation of Fibonacci retracement plotted as ABC on chart A price movement of 61.8% in direction of A to B projected from C Pending limit order at 23.6% in direction of A to B projected from C Trade Management StopLoss: C TakeProfit: 1.618 of AB projected from C Good luck to everyone trading gold!
61.8% retracement in price coming in at 38.2% in time. Good luck to everyone trading gold!
''BUY LIMIT ORDER'' Why buy? Bullish 78.6% retracement Preceding Bullish 161.8% extension Good luck to everyone trading EURUSD!
''Buy Limit Order'' Fibonacci Trading Plan Visual interpretation of a Fibonacci price support/resistance level on chart Price movement of 61.8% in direction of trend Buy Limit order at 23.6% projection Good luck to everyone trading GBP/JPY!
Why buy? Fibonacci retracement Fibonacci extension Bullish hidden divergence Target: 62.750$ Stops: 60.150$ Good luck to everyone trading Bitcoin!!