teaguetrading

teaguetrading

Seeing some major buying action on the 15 minute chart and Heikin Ashi. Similar action on the 5. The 30 minute is also showing an upward trend as wekk. The Ichimoku on the 30m is starting to turn to the buying side as well.

teaguetrading

It's been an uptrend for the past few days, and it looks to keep going up. Not withstanding news, etc., indicators are simply showing an upward movement. In the Heikin Ashi candles we've seen 15 of 19 4H candles going up. Some indecision in the next to last candle, but the upward trend continues in the last candle for now. You can also see that the 4 hour has...

teaguetrading

AS you look at the Daily, you see where we've had ups and downs for the last 2 years. We just broke the trend line at the bottom, but only by ~2%. The last session (Friday) looked to be an up session. If you drill down to the hourly, you will see that it's broken the trend line up on the up side, indicating a possible buy opportunity. FULL RISK DISCLOSURE:...

teaguetrading

A few things going on here. Pay attention to the MA 35 and MA 50, as well as the Fib and two lines outlining the current range. Note that we are at a previous pivot point, which has also been a resistance line are in the past. The Fib is also pushing the 38.2 level, which has a history in Forex of being a turning point as well. I'd like to see price head back...

teaguetrading

Patterns, they run the Forex market. We've heard people say that, and even that they repeat themselves. This chart shows Gold on a daily time frame, as well as the exact pattern some time back in Gold. There were many like this, but I chose one that was as close as possible to this pattern. Does this mean Gold is about to drop? I don't personally consider myself...

teaguetrading

This is a very busy chart, but there are quite a few things I want to point out. You can see the large pitchfork on the chart. As you can see we are getting near the bottom of it. You might also see that a Fib on there. We're very close to the 78.6 level. Now if you look really close, there are other lines in there. The bright light blue is a Simple Moving...

teaguetrading

This is a AUDJPY daily chart. You can see the Fib drawn as well as the pitchfork. Notice how many days the candles seem to open/close the day right along some of the markets in the Pitchfork? This can be very useful in determining what might be happening the next day in the market, and give you an idea of what you will want to do that day. Also note that this...

teaguetrading

This is a good example of price respecting multiple indicators all at once. You will notice the 50% mark at the start of market open 2018/03/04 as the price EURJPY respected of both a Fibonacci and Pitchfork. Things tend to go in patterns in the marks (at least that I have observed) and this is a great example of it doing just that.