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1hr

AUDZD Scalp Area to Watch Welcome back! Here's an analysis of this pair! **AUDNZD - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
USDJPY ABC + Negative Divergence SWING IT!As I previously posted the USDJPY is suggesting a topping pattern but that was highly speculative because there isn't enough evidence to support the idea that the USDJPY is in a downward trend (lower highs and lower lows). BUT this setup though not conclusive is a good setup to give us greater probability of being right that the USDJPY will turn down for at least a decent trade of 100 pips or more. The idea is to sell the 1hr Stochastic RSI moving below the 80% line and monitoring it until we can then switch over to the 4hr time frame and leave it alone until the 4hr Stochastic RSI moves upwards past the 20% signalling our BUY exit. This way we can maximize profits and have a mechanical system tell us when to exit. As I mentioned in a tutorial the 4hr time frame tends to capture most of a swing move as opposed to the 1hr.
Short
by Sinex
EUR/JPY (Cypher Pattern) 1HRPAIR: EURJPY TRADE: CYPHER PATTERN POSITION: BUY TIME-FRAME: 1HR -------------------- What a month it has been for patterns. During the Star Live Trading room, we've seen pattern formations all over the markets and have been a result of new equity highs. For other pattern lovers like myself, this month has been a powerhouse for these moves. When I can, I post trade ideas here to inspire other people about pattern trading, as it's one of my passions. Let's have a great week of trading ahead. Always, always always, trade your plan please. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Long
by Phil_C
Regular DivergenceA study on regular divergence and how profitable it can be. Again I use the RSI and Stochastic RSI (Other oscillators are also good as long as you can identify HIDDEN or REGULAR divergences). Here on the 1hr it was a tell tale signal that the markets would pull back. This is a simple but powerful tool that you should practice to become proficient at it. Once you have become good at finding divergences then you must TRUST your analysis (sometimes harder said then done) but with practice (paper trade divergences if you are new to them) you can rely on them to give you that edge. By trading divergences ALONE (+ an oscillator signal) you can have a great and profitable system. Combine this with a 1% risk stop loss and you are off to the races. Notice here that the 1hr had divergences in a slightly ASCENDING bearish channel (not shown) this divergence did not show up on the 4hr time frame therefore we must use all the tools we have at our disposal to search for divergences and then wait for our signal confirmation to take the trade. Good luck in your DIVERGENCE trading.
CME_MINI:MNQ1!Education
by Sinex
Nasdaq Sell Signal (Now Too Late)Sell signal in progress. I still use the 1hr even the 15min time frame to try to get better prices. My goal is to move them over to the 4hr time frame where I can remove as much noise as possible. Here I am posting a trade that is too late to take. But the signal is there (I took it with a small position) I don't see enough interest to be posting close to real-time therefore I don't really. Time to just manage this trade. I am not looking for a huge run though perhaps lower lows but the oversold conditions continue and I would be hard pressed to expect a massive crash (not out of the question but not enough evidence to support this ATM)
CME_MINI:MNQ1!Short
by Sinex
USD/JPY (Bat Pattern) 1HRPAIR: USDJPY TRADE: BAT PATTERN POSITION: SELL TIME-FRAME: 1HR -------------------- Looking at a lovely pattern opportunity here on this USDJPY pair, 1hour time frame, in the form of another Bat Pattern. For those of you, who are a lover of patterns, there is another Bat Pattern I'm currently involved in, please find the link to my YT below and take a look. <3 There have been plenty of Bat Pattern opportunities in the markets lately and here is another one, that may or may not complete. The d-point completion is far from setting up a valid pattern, therefore, remains potential. I trust everyone has had a wonderful weekend and are now ready to take on a new month, full of opportunities. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Short
by Phil_C
USD/JPY (Cypher Pattern) 1HRPAIR: USDJPY TRADE: CYPHER PATTERN POSITION: SELL TIME-FRAME: 1HR -------------------- Good morning from my side of the world Star Traders. Today I'm keeping an eye on an intraday opportunity, to sell the USD/JPY in the form of a Cypher Patter. Have a great week trading, please be safe, always. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Short
by Phil_C
NZD/USD (Bat Pattern) 1HRPAIR: NZDUSD TRADE: BAT PATTERN POSITION: SELL TIME-FRAME: 1HR -------------------- A couple of nice wins during the trading day. Grateful for another day, filled with opportunity to get involved. Another intraday / day trade opportunity on the NZDUSD pair, 1HR time frame, in the form of a Bat Pattern. -------------------- Truly grateful to be here and share my thoughts with everyone. Always appreciate your thoughts and what you have to say and share, let's experience Trading in a positive way, together. Time is precious, be kind to everyone and be safe in the markets, always. "See yourself as love and only have that, to give away." -------------------- Phil C.
Short
by Phil_C