BANKNIFTY 18 AUG THURSDAY EXPIRY ANALYSISIf tomorrow price starts in between 39150...35500 we will wait price to hit either upper resistance or lower support and wait for next move.
If price gapsup and falls from target area like previous week we will buy put .
If price starts and continues upwards from todays spot we will buy ce.
9-18
AUDUSD 2618 Strategy2618 Strategy Trading Setup
Criteria:
1) Double Top
2) Break of structure (neckline) to the downside
3) 61.8% retracement of AB leg
4) SELL order at C point
SL:
5-10 pips above DT
TP:
1) next structure level, probably where B is pointed
2) 1.272% extension of AB leg
With regards,
Michail Sideris
FOMC // Trading the speeches (scalping idea) on 1.06Hello!
Dudley and his governor friend George are out to speak in less than 25 minutes and the US market and EURUSD is not making a noise since. At least on Minute 1 chart I don't see anything that catches my eye, but we should see a fine spike on M30 if it reaches 1.0600 (roughly) and take advantage of that. I'll show you how and I will be updating this idea as time goes by!
Thanks for checking this out.
XAUUSD: Gartley Pattern Completion w/2618 on LTFA Gtartley Pattern completion with a double bottom and now 2618 opportunity on the lower time frame. I wouldn't trade it was a gartley and attempt to use 2618 stops, but you can certainly look to protect profit or shoot for extended targets based off of the higher timeframe pattern including the potential bearish cypher that still exists
Possible cypher giving us bearish potential on the EURUSDCurrently the EURUSD is in consolidation however the is opportunity to take a 26- 18 short near the current resistance zone. as well as taking a cypher short @ 1.1465. If Price action fails to hold though the 26-18 setup Then bears can have the opportunity to take the Cypher .
Good Trading Guys