TomKirk

TomKirk Updated 

-5 Week descending triangle -Persistent trend Small pattern but the case for trend continuation is attractive 30 basis point max as I don't have a clear primary pattern in which to measure a target and this continuation pattern gives me a 3R at best

TomKirk Updated 

-1 year ascending triangle -Well defined boundaries -High volume previous week with price touching both boundaries within the week 50 basis point risk on break, an additional 50 on close above boundary

TomKirk

-75 week ascending right angle reversal triangle pending breakout -A part of what appears to be a massive bottoming formation, potentially an inverse H&S or an even larger ascending triangle but is a bit arbitrary at this stage -Nice descending volume in which to confirm a breakout -Looking to establish 100 basis points of risk in 2 tranches

TomKirk Updated 

-Strong trend, would take price into new all time highs -15 Week continuation cup and handle -Significant retests of boundary -Price has since turned down, but is worth watching for an symmetric risk/reward trade -Very similar pattern forming on GBPTRY worth looking at also -Looking to establish 100 basis points of risk in two tranches Also see youtu.be for a...

TomKirk Updated 

-56 week horizontal range -Well defined boundaries -Rising volume -Break of upper boundary line, long 50 basis points -Using commodities contract for difference as oppose to futures contract as my account size would not support such leverage

TomKirk Updated 

-26 week horizontal range -Declining volume -Unsure at this stage but watching for reversal or continuation of trend

TomKirk Updated 

-Potential right shoulder forming on a 26 week pattern thus far -2018-01-15 with gravestone doji on weekly however makes potential boundary break on completion of pattern on the daily a little dicey -Volume profile consistent with H&S validity thus far -Never the less, worthy of consideration -40 Basis point risk planned

TomKirk Updated 

-8 week horizontal range -Very large 12 month plus potential H&S -Short on break of horizontal range to potentially play the prepositioning of the H&S -30 Basis point risk

TomKirk Updated 

-55 Week symetrical triangle -Measured move up to 14.85 -Earnings release 12FEB18 -Ex dividend 02MAR18 Will risk 100 basis points on a close above 3% breakout R/R 10.44

TomKirk Updated 

Second reentry attempt. Will abandon trade idea if another loss -21 Week ascending triangle -Intraday breach of 1.833 which has proved a significant level -Favorable R/R with stop set as intraday swing level -Measured move up to 1.925 40 basis points intraday An additional 40 basis points if R/R remains favorable at the daily close *Not investment advice*

TomKirk Updated 

-21 Week ascending triangle -Intraday breach of 1.833 which has proved a significant level -Favorable R/R with stop set as intraday swing level -Measured move up to 1.925 40 basis points intraday An additional 40 basis points if R/R remains favorable *Not investment advice*

TomKirk

-21 Week ascending triangle -Intraday breach of 1.832 which has proved a significant level -Favorable R/R with stop set as intraday swing level -Measured move up to 1.925 40 basis points intraday An additional 40 basis points if R/R remains favorable *Not investment advice*

TomKirk Updated 

Price has posted a gravestone doji on H1 at neckline Stop entry set Stop loss above prior high PT1 - 1/1 R/R PT2 - 3/1 R/R Safe trading

TomKirk Updated 

Price has broken down through support level of focus for this year. Price has retraced and is testing what was support, now resistance. On the daily chart, the previous day we can see price traded through and closed below resistance, leaving a nice bearish continuation candle. Price is also testing centre median line of pitchfork formation. Stop set above...

TomKirk Updated 

Technical: This pair has found confluent support extending back to 2014, and in addition, price action is sitting on a longterm downtrend line and 50% of previous major trough to peak but resting just below January 2015 open. This largely crosses with the support of the lowest median line of a pitchfork formation. If projections are correct, should see some...

TomKirk Updated 

Technical: NZD is trending downwards and retraced to upper median pitchfork line and has been respecting resistance thus far. Also coincides with downtrend line drawn from previous high which price action has been responsive to. Bearish Harami and long legged Doji posted in and around these levels. Stop entry order placed just below .73 handle. -Looking to...