Tanakorn_Koomrampai_CMT_CFTe

Tanakorn_Koomrampai_CMT_CFTe Updated 

USDCAD is confirming Inverted Head & Shoulders after broke and closed above the neck line. T/P 1.3250 S/L Line from Head to Right Shoulders Good Luck

Tanakorn_Koomrampai_CMT_CFTe Updated 

USDJPY H1 Diamond Top pattern is confirmed. Taking short position target 113.30 ,where we can add the height of the pattern to the break down level.

Tanakorn_Koomrampai_CMT_CFTe Updated 

Nice Fakey Set Up , When price returned from going outside the mother bars low then closed with in the range of the mother bars.This generates buy signal.

Tanakorn_Koomrampai_CMT_CFTe Updated 

EURUSD D1 formed the Bullish Engulfing candlestick pattern at the support zone ( previous swing low ). Trading Long can be planned by aiming the previous swing high or around 1.1600. However, we can look for the better entry price if the market retrace to about 1/3 of the last bullish candle. Place the stop right below the low of pattern. Good luck!!

Tanakorn_Koomrampai_CMT_CFTe Updated 

Yesterday the EURUSD shot out of the mother bar range to 1.1500 then retraced to close near the open. Then, It's is the Fakey Set up to take a short position. Carefully looking for the level that the price will be reverse today probably 1.14500. Goodluck !

Tanakorn_Koomrampai_CMT_CFTe Updated 

EURJPY D1 has formed the Tweezer Tops Pattern. It's 2 consecutive bearish pin bar that made the high around the same level. Moreover, the stochastic %K has just crossed %D down, which signal the bearish momentum might be started. It's a short signal. TP is around SMA20 , SL is just 10 pips above the high of the pattern. Good Luck.

Tanakorn_Koomrampai_CMT_CFTe Updated 

AUDNZD has formed the Head and Shoulders pattern and it's confirmed by the break down below the neck line. Last night the price went down further after the pull back. The market bias is fully bearish. If you don't have any position. Wait for the a little pull back which can be around 1/3 of the latest bearish bar to entry short position. The target is at the...

Tanakorn_Koomrampai_CMT_CFTe Updated 

NZDCHF Bollinger Bands Reversal Good risk reward ratio when price moved out then came back from lower bollinger bands. As well as the candle stick pattern combo with hammer and bullish engulfing. Target around Upper BB or previous high. Tanakorn Koomrampai CMT®, CFTe®

Tanakorn_Koomrampai_CMT_CFTe

I admit missing this trade because it's H1 time frame. However, when looking back , I think it's worth to study the price structure and its behavior for the future use. USDJPY H1 Time frame formed the reversal chart pattern called "Inverted Head & Shoulders". This one has a little complex right shoulder but it's normal to happen. . When we see Inverted H&S...

Tanakorn_Koomrampai_CMT_CFTe

How to use Bollinger Bands to assist waves count? Waves counting is an important tool to identify the price structure and help better timing the market entry. Many traders might find waves counting is a mystery, subjective and waste of time. Anyway, I often use it to see how the market structure. I have a little help from a very versatile indicator ,The...

Tanakorn_Koomrampai_CMT_CFTe

EURUSD H1 Chart pattern Inverted Head & Shoulders has been confirmed by the price has broken the neck line. We can estimate the target profit with classic method, measuring the distance between Head to Neck line, then, project this height at the break out point. A very good indication of good Inverted Head and Shoulders is that the low of the right shoulder...

Tanakorn_Koomrampai_CMT_CFTe

EURUSD Wedge Break Down TF M15 Open a short position If it is busted when break out upper trend line of the wedge close short and open long.

Tanakorn_Koomrampai_CMT_CFTe

Easiest way to monitor the trend is to draw trend line. Uptrend still persists until we have prove that the trend has reversed. Let see that it can be held any longer for next coming future.

Tanakorn_Koomrampai_CMT_CFTe

The Inverted H&S is completed. The break out might be valid. I would wait for NY market close to confirm. The throw back is possible for those who want a good bargain.

Tanakorn_Koomrampai_CMT_CFTe

The price came back to the support. Then I have waited for a candle stick confirmation which it's has confirmed by the hammer candle. TP@ previous high 1.40000. It's also a round number which is good to be a valid S/R.

Tanakorn_Koomrampai_CMT_CFTe

Double Bottom is forming wait and see for the break out

Tanakorn_Koomrampai_CMT_CFTe Updated 

Completed Double Bottom Set Up USDJPY I Long this one and it rose to TP as expect.

Tanakorn_Koomrampai_CMT_CFTe Updated 

Expecting the Double Bottom breaks out from the confirmation line. If you use hi leverage after the break out wait for the price to retrace to the confirmation line