StephenAdeniken

StephenAdeniken

The GBPUSD is testing the previous high on the weekly time-frame. Is this enough confirmation to sell the pair? The answer is no. However when we drop down to the 4hr time-frame we can spot the break of structure to the preceding uptrend. Combine this with the rejection off the previous high on the weekly time-frame, it becomes enough confirmations for me to...

StephenAdeniken

The NZDUSD is trending down on the weekly timeframe, although the weekly high was broken, price did not did not clos above the weekly high which signifies a possible continuation of the weekly trend. Dropping down to the daily timeframe which is where my main analysis is on. Price has created new lows breaking the previous low and ending the uptrend which could...

StephenAdeniken

Trading simple support and resistance. The price on AUDUSD is at a reasonable resistance zone which was once a support. Strategy is to sell the market and the signal for entry is to enter in on break of structure on the 1minute timeframe indicated by the redline. I place trade and wait for market to play out. Always remember to space out stop loss, there a good...

StephenAdeniken

Trading simple support and resistance, the strategy is to sell the market when price hits or approaches the resistance and buy the market when the price hits or approaches the support zone on the 15minute timeframe. The signal for entry is stepping down to the 1minute timeframe and await a break of structure which is indicated by the red line to execute the trade...

StephenAdeniken

The price on USDJPY is trending up and has made new weekly highs. Late into the last trading week, price pulled down which in turn means opportunity for new buyers to enter into the market. I wait for price action to provide reversal information and I'll enter into the trade for a buy at least up to the previous high and take profit. Enjoy!

StephenAdeniken Updated 

Take a look at this and tell me what you see? This is a new strategy I have been working for weeks and I must says it a good strategy for catching entries precisely and exiting an optimum price in the market before pullbacks or reversals. It works best for catching movements on a clear trend and with a little guidelines it works for catching reversals too. However...

StephenAdeniken

The USDJPY is trending up on the 4hr time-frame providing a HH and a HL, as a trend trader I wait for the market to pull back a and enter trade for a buy on the next impulse move.

StephenAdeniken

On the daily time-frame the USDJPY rejected off a major support area. The USDJPY is trending up on the 1hr time-frame. We wait for pullback after breakout and enter trade on formation of reversal candlestick which this case it is a bullish harami. We space out stop loss and let the trade run until we find a good exit signal.

StephenAdeniken

The USDJPY is trending up on the daily and 4hr time frame. I am a trend trader and I place trades on pullbacks after breakouts which the price action already did. My signal for trade entry is the formation of bullish reversal candle-stick pattern.

StephenAdeniken

The GBPUSD is trending down on the daily and 4hr time frame. Price as produce us with what I like to call a Trend trend i.e. a trend within a bigger trend in direction of the bigger trend. As a trend trader, I place trades on pull backs after break outs and my entry signal is the formation of reversal candlestick patterns. In this case of a down trend, price has...

StephenAdeniken

The USDJPY is on an uptrend on the 4hr time-frame. On the 1hr time-frame the USDJPY broke the precious resistance, I being a trend trader, place trades on pullbacks after breakouts. My signal for entering a trade is the formation of reversal candle-stick pattern. Soon as price gives the formation of a bullish candle-stick pattern I will enter in for a buy trade.

StephenAdeniken

The USDJPY is trending up on the 4hr time-frame, I being a trend trader I wait for pullback after a breakout and place trade on formation of a reversal candlestick. In this case we have the three inside up bullish candlestick formation as the signal for a buy on the USDJPY.

StephenAdeniken

The USDJPY is trending up on the daily time-frame and on the 4hr time frame. However on the 1hr time-frame its a downtrend, a retracement of the 4hr uptrend. I being a trend trader, I wait for the formation of 1hr bearish candlestick formation to enter in on a short position provided the previous resistance on the 1hr time-frame is not broken.

StephenAdeniken

The USDJPY is trending up on the 4hr and 1hr timeframe. I am a trend trader, what I trade is the pullback after a break out in direction of the trend. The price on USDJPY broke above the previous resistance and is now pulling back. My trade entry signal to continue the uptrend is the formation of bullish candlestick and price provided a hammer; now we place trade. Thanks.

StephenAdeniken

The NASDAQ is trending down on the daily time frame. We wait for market to pullback after breakout which it already did. My entry signal for a sell is formation of reversal candlestick and break of structure on the lower time frame(1hr time frame). Now the market can pullback deeper, If that happens we take small loss and look for new entry signal.

StephenAdeniken

The NASDAQ is trending down on the daily time frame. We wait for market to pullback after breakout which it already did. My entry signal for a sell is formation of reversal candlestick and break of structure on the lower time frame(1hr time frame). Now the market can pullback deeper, If that happens we take small loss and look for new entry signal.

StephenAdeniken

When we take trades, we take trades off of confirmations, the more confirmations we have on a trade the more confident we are on getting in on the position. GBPJPY is trending up on the daily time frame, but retracing on the 4hr/1hr time frame, we're looking to continue the uptrend on the daily time frame and looking for entries based off of confirmations, and...

StephenAdeniken

The AUDUSD pair is trending down. The primary signal II trade on the on trending markets is to wait for a pullback after a breakout and enter trade on formation of reversal candlestick pattern. Secondary signals is to mark up impulses and corrections and usually in the fx market there are three impulses and three corrections, the third correction is usually the...