Trader-Mick

Trader-Mick Updated 

We could expect a Higher low from here and expect the price to reach at 0.95647. We have have completed the gartley at current price. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the market. Guidelines 1. Never close a trade without a...

Trader-Mick Updated 

According to the trend we have seen series of LL and LH and we have seen pattern formation on LH, It could be a good chance to sell the pattern. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the market. Guidelines 1. Never close a trade...

Trader-Mick Updated 

We have a potential Gartley pattern in a downtrend. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the market. Guidelines 1. Never close a trade without a reason. 2. Take responsibility for your trades. 3. Markets that have higher lows are in...

Trader-Mick Updated 

We have a bullish cypher which formed, A good potential buy could be seen here. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the market. Guidelines 1. Never close a trade without a reason. 2. Take responsibility for your trades. 3. Markets...

Trader-Mick Updated 

We may have a false breakout and a cypher pattern formation there so we could place a buy limit order with some handsome, Remember to trail your stops once you are halfway through. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5% percent of your trading capital on any one trade. 3. Always have a protective stop in the...

Trader-Mick Updated 

UJ Cypher about to test on the structure, looking good to buy from the pattern completion area. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 10 percent of your trading capital on any one trade. 3. Always have a protective stop in the market. Guidelines 1. Never close a trade without a reason. 2. Take responsibility for your...

Trader-Mick Updated 

The shark almost completes at the level where we have the bearish bat completion and we have a supply zone. A good potential long also if anyone wants to take some risk with low %, The buy will be according to the BAMM theory by scott and the target will be in the pattern completion area of the Bat. And The sell limits may go on the horizontal lines.

Trader-Mick Updated 

Bat Pattern occurring with in the trend. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a protective stop in the market. Guidelines 1. Never close a trade without a reason. 2. Take responsibility for your trades. 3. Markets that have higher lows are in uptrends....

Trader-Mick Updated 

The question is can the market follow the trend? If the Bearish batpattern completes and works we may see a lower Low or a retest of lows.

Trader-Mick

Hey Traders around the world. This is an educational post for the traders who wants to apply Fibonacci tool in head shoulder pattern,just to make it more efficient. This was first introduced by Larry Pesavento in his book ( Trade what you see). First thing is to identify the Butterfly pattern: The first profit objective will be at 78.6 retracement of AD of the...

Trader-Mick

We could clearly see bearish impulse legs with lower lows with lower highs, We never know whats going to be happen next but with logic I can explain if this bat bat pattern works we might see a LL or a retest of lows. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 5 percent of your trading capital on any one trade. 3. Always have a...

Trader-Mick

If we look at the chart and ask ourselves where is BTCUSD trading at, I would say Its looking for some bearish moves up ahead. If we get a structure retest then there we have a Bat completion pattern. I will keep it posted after the break of structure. Cheers. Morshedul Alam.

Trader-Mick

Bearish Bat found in trend continuation. Market created a LL and now about to create a LH, if we dont get a violation of the previous LH then we will have a perfect bat pattern for sell. Unbreakable Rules 1. Never add to a losing position. 2. Never risk more than 10 percent of your trading capital on any one trade. 3. Always have a protective stop in the...

Trader-Mick

Still aiming down for the occurrence of bearish butterfly and bearish cypher pattern. Still possible to continue the downtrend with this pattern.

Trader-Mick

Chance of the bearish bat to form and also the AB=CD completion only if we have a close above the structure.

Trader-Mick

The price broken the structure B and most of the time we see if it does that according to Bamm theory it goes to meet the 88.6 of XA, but will it this time? The answer is uncertain. We do not know, but we can make predictions using these tools.

Trader-Mick

1) We have to find the strong impulse move ( At least three impulse move, I like the big bars). Lets say a rally or a drop. 2) Right underneath we have to find a consolidation area where we will mark the zones from the body to the wicks. 3) Drawing the zones is an art, so make sure you have a good look at them, Ignore the wicks at the top if you are buying and...

Trader-Mick

GBPCHF completed the cypher pattern in the Supply area. Good reason to go short. Lets hope for the best.