fatbeetrader

fatbeetrader

Gold has been setting up for a decent short for sometime now, there is a confluence between key support and resistance and a harmonic ABCD Pattern. If your going to enter keep stops tights as the RSI and momentum are NOT confirming this trade yet.

fatbeetrader

This is one ugly butterfly, but its a valid pattern. Target 1.3355

fatbeetrader

Thesis - Short positions below 1.0535 with targets @ 1.0485 & 1.0465 in extension. Resistance at 1.0535 is likely to put a stop to any attempts at advance Counter thesis : Above 1.0535 look for upside with 1.057 & 1.061 as targets.

fatbeetrader

Thesis: Long positions above 1.330 with targets @ 1.341 & 1.345 in extension. Momentum and strength indicators are bullish and call for further advance Counter Thesis for the bears: Below 1.330 for downside targeting with 1.3295 & 1.327.

fatbeetrader

There goes that idea...

fatbeetrader

ABCD Pattern on AUDNZD forming should complete about 1.15 looking to short to 1.1450

fatbeetrader

I'm having a bit of difficulty with this one is this a Bearish Gartley or Shark pattern?

fatbeetrader

Industry standard earnings growth gives me a Price target of $7.30. Of course it may take a while to get there. PERFORMANCE TECHNOLOGIES INC \DE\ Financials read full: finance.yahoo.com

fatbeetrader

Break of resistance, positive momentum + Massive bullish candle triggered an entry on the EURJPY. EUR/JPY has resisted a series of bearish declines as indicated by the price action of three consecutive declines, forming a three wave pattern.

fatbeetrader

Break of resistance, positive momentum + Massive bullish candle triggered an entry on the EURJPY. EUR/JPY has resisted a series of bearish declines as indicated by the price action of three consecutive declines, forming a three wave pattern.

fatbeetrader

Watch for the descending resistance from the 2011 high. Potential bullish butterfly forming, its still away away but something to thing about

fatbeetrader

16-8-2013 Update to the short term chart idea - appears to be range bound though RSI is providing nice divergence between price points at 130.50

fatbeetrader

Bear Crab on the 15 Min chart is in conflict with my longer term bullish view on $EURJPY, This is something to watch a break out past D would invalidate this concern

fatbeetrader

Fundamentally, there's not much out there to cause a steep jump in prices. I think this is mostly a technical move - the market was simply under priced. Warmer weather forecasts for next week could increase demand or gas by forcing homeowners and businesses to use more air conditioning, but the South was expected to remain on the cool side, partly blunting the...

fatbeetrader

This is one sexy pattern on the $EURJPY, talk about the perfect storm! There are three things i like about this trade. 1. Bullish divergence on Momentum and RSI. 2. Double bottom enabling a super tight stop 3. Completion of the Bullish Gartley pattern which has completed at lower at the 0.886 providing a Bat pattern like high probability limited risk pattern....

fatbeetrader

Looking to buy of the completion of the bullish bat pattern Bullish bat typically provide high probability limited risk trade patterns. Looking to buy around the .886 re-tracement and target 80%+ of the profit target at 99.95

fatbeetrader

$WPCS has been on the radar of small cap traders since May 2013 when it performed a capital restructure via a reverse 7:1 Split. This is ultra low float stock is starting to get interesting after an increasing on volume + price break. I believe the major catalysts for a growth spurt have been set in motion over the last week and while there is no real buzz...

fatbeetrader

Short from 1.3315 targeting 1.3270 Current Risk reward entry still a 1:2