ollyt33

ollyt33

A Cypher pattern is about to form on this pair. Instead of using the conventional trade techniques for this pattern I have tested these using trailing stops. This not only works well at capturing big price swings (if we get one) but also work nicely to reduce the risk if price begins to move in our direction or consolidates. Of course, the initial stop loss could...

ollyt33 Updated 

As shown

ollyt33

As shown on the chart

ollyt33

As shown on chart

ollyt33

As shown on the chart.

ollyt33

Stops are ATR based if a reversal candlestick formation occurs within the sell zone. Once the trade is open, profit targets are determined by the .382 & .500 C-D leg retracements. The fibs should be stretch from C to the highest D point if price continues higher.

ollyt33 Updated 

As shown on chart. Stops are ATR based and no profit targets. Stops shall be moved higher if price reverses. If not then the trade will be stopped out at the current level. Trade is invalidated if price breaks above C point before hitting D and therefore, all orders will be canceled.

ollyt33

High R:R trade, low % risk. Missed the original entry on this trade so I am taking it at a better price/R:R

ollyt33

As shown

ollyt33

As shown

ollyt33 Updated 

As shown. Move fibs lower if price moves lower

ollyt33

As shown

ollyt33

As Shown

ollyt33

As shown

ollyt33

As Shown

ollyt33 Updated 

As shown

ollyt33

As shown

ollyt33

As Shown