So last night I put out a trade idea for a Bearish Bat Pattern on EURUSD... ... And now it's filled. Entry: 1.14711 Stop: 1.1510 Target 1: 38.2 Target 2: 61.8
Even with all of the Craziness in 2018, one of the things that still held true was... ...Bat Patterns! And right now, you have a very nice potential Bat Pattern setting up on the EURUSD. The completion point is at 1.1474 and minimum stops should be above X (my stops are 1 Atr above X at 1.1512. Potential T1 is at a 38.2 Retracement of A-D and T2 is at a 61.8. As...
Well Bitcoin has broken a MAJOR Support level... And because of this, I show you where I think Bitcoin will go and how it's likely to get there.
So it's been awhile since I put out my last video, but i've been super freakin busy. But that being said, I've still been following the bitcoin market and it actually did what I thought it would do. Now, it didn't give us the 2618 trade setup that I was looking for, but it did rally. And now... I think it's setting up for another move up.
We have had the breakdown out of the ascending channel, like I predicted in the last video. Now, since that has happened we have another opportunity to get involved on the breakdown using a 2618 setup. Plus we can look to trade this down on a stop and reverse at our major level between 7440 and 7200. So Phase 1 has played out like I predicted. Let us see if...
So as you can see here on the chart, we have what looks to be a giant mess. Now first, the long "red" rectangle is a major structure zone that has been previous resistance. Next we have two different advanced patterns (CG and Butterfly) that are completing in that zone, along with a potential AB=CD (Blue trend lines). Finally we have a simple "triangle pattern...
Well we have a few different indications showing that we might have some potential upside in the future for Bitcoin. After violating the downward trend line, putting in a couple different Stochastic Bull setups, we know also have a potential bullish 2618 setting up at a major decision point here on Bitcoin. In this video, I walk you through all of it. Check out...
There is a potential CG pattern setting up here on GBPUSD. This pattern will potentially complete at 1.40110. Minimum stops need to be below X at 1.39824. I will be holding a free training on this pattern for anyone who is interested in learning it, this Friday March 30th. To sign up, click on the link below: www.bctradingsystems.com
Here is a very nice example of the NEW "CG" Pattern that I have been working on. As you can see, in this example, we have very nice R:R. If anyone is interested in learning this new advanced pattern, I am holding a free live training on it this Friday March 30th. If you would like to attend or you would just like more information, click on the link below. ...
So in my last Bitcoin video, I talked about why I wanted to short Bitcoin.... Well this time, I am going to show you why I think 12,000 might be in the near future.
Well for those of you that trade the EURUSD, you have probably noticed that it has been consolidated these past couple weeks. Now if you are a trend trader, this has been an issue for you. But if you are like me, (an advanced pattern trader) you have been loving the consolidation, and in this video we cover 3 potential patterns that are setting up on the EURUSD,...
We have a massive Bat pattern that has just completed on EURAUD. The problem is that it's completed on the Daily Time Frame. So in this video, we cover how you can use multiple time frames to reduce your risk and still take advantage of the potential move.
Well after a 700+ point drop in the DOW, a lot of traders are wondering...... What's Next? Well in this video, I break down what I think we are going to see out of the market in the near future.
So we had our breakdown work out pretty well so far. Now that the market has moved in the direction of our prediction..... What's Next? Well in this video I show you what I'm looking to trade next here on the EURUSD ahead of tomorrow's NFP.
Here we have a Ascending Channel on EURUSD. Now we had a similar setup on the downside just last week. So with this setup, we usually see a correction and its a pretty high probability trade.
All right traders, I do not comment much on the bitcoin market, but I have seen just a ton of people all over the internet spitting nonsense about how bitcoin is going to $40,000 and this is just a small correction. So I wanted to put out a video talking about what I see on the charts technically and why I think fundamentally its a bad long term investment. I'm...
In this video, I illustrate two different ways that we can look to get long on EURJPY and why I want to be long. Plus I show you where I think this market will ultimately end up.
With all of the US Dollar weakness in the markets, we are seeing a ton of massive moves across all of the USD pairs. And here on USDJPY we have a massive Bat pattern that is currently setting up. Now the really nice thing about this setup is the R/R and the fact that it completes at a major structure level. This pattern will complete at 108.177 and minimum stops...