Forex100academy
Trade Ideas Positions: USDJPY GartleyWoohoo! Thought the Bearish Bat Pattern that we spotted during our Facebook live session got invalid, it invalid the previous bullish pennant as well.
Right now, a Deep Gartley pattern as a Counter-Trend Trade.
Already engaged the trade, exact stops and targets will be shared with my subscribers.
Trade Ideas Position: CADJPY BatThis Bearish Bat Pattern, I will be waiting for confirmation to engage as the candle on completion was a strong bullish candle and X is in not exactly a strong zone and B not touching 50%, might be still pretty bullish.
Exact Entry; Stops and Targets sent to subscribers.
Trade Ideas Position: GBPJPY BatLooking for shorting opportunity by 2245hr if the trade didn't trigger, this trade will be invalid for me.
That is 1 of the filter I use for harmonic patterns, come and think of it, if the market just hover within Point C and Point D for 6years before hitting it, will it still be valid?
This is 1 good thoughts you should have, how long more for this to be invalid.
Exact Entry, Stops and Targets sent to my subscribers.
Trade Ideas Position: EURUSD BatA Fib inversion, ABCD pattern, Bearish Bat all line up within the 4-hourly sell zone for this trend continuation setup.
Trade Plan set up for me and will post to my subscribers.
Tomorrow at 18:08hr we are going Facebook Live and go through 12 chart over with Harmonic Patterns and Structure Trading. Like our facebook and join us there.
GBPUSD-Weekly Market Analysis-Mar19,Wk2GBPUSD on both Daily Chart and 4-Hourly Chart has broken the resistance(red line), which shows a strong bullish movement.
In this 4-hourly chart, I'm looking for a buying opportunity.
This Wednesday at 6.08pm(+8GMT) we are going through 12-chart on 3 different trading timeframes. Do like our facebook page to receive the notification when we go live.
EURUSD-Weekly Market Analysis-Mar19,Wk2EURUSD on both Daily Chart and 4-Hourly Chart has broken below and closed below the support, however, that support line is a great restraint on its weekly chart.
I'm waiting for the market to retrace back into the sell zone to look for shorting opportunity.
This upcoming Wednesday, we are going to do a 12-chart live analysis on Facebook, like our facebook page and join us at 6.08pm(+8GMT)
USDJPY-Weekly Market Analysis-Mar19,Wk2Only the 4-Hourly chart, USDJPY has retraced back into its buy zone. On the M15 timeframe, the market has shown a head and shoulders bottom with RSI Divergence.
The aggressive trader could wait for the market open and Long this pair right away.
A slightly conservative trader could wait for the retracement before engaging the trade and a more conservative trader could wait for the break and close above the head and shoulder's neckline, retrace back in the neckline to right shoulder zone before engaging the trade.
Each decision is a trade-off as there's no perfect system.
Trade Ideas Analysis: USDJPY FlagNow, the cloud is clear and we see the whole picture better. Previously on 4-hourly timeframe, evidence poses a potential Double Top setup and since the market has consolidated for such a long time, it will fit a bull flag more than a double top.
I'm glad that I follow my trade plan and patiently wait for the setup to unfold.
Trade has engaged and targets and stop sent to my subscribers.
Trade Ideas Position: EURUSD GartleyA small deep gartley is forming up within this intraday timeframe, exact entry; stops and targets shared with my subscribers.
And of course, if you have joined us on yesterday's live session on facebook, you would have seen how this trade develops.
Don't miss it again, next Wednesday we are going live again at 1908hr(+8GMT)
askForex100 - MYRTHB March19A friend of mine is looking to change MYR to THB and it has to be done before 22March19.
So what I did, I pull out the Daily Chart and analyse, the rate now is at 7.81THB is perhaps 1 of the better rates in the month of March, well, it may touch 7.87THB risk of it sliding to 7.73THB or even 7.61THB is great.
In exchange for a better exchange rate of 0.06THB and risking it to 0.08THB or even 0.20THB against your favour what will you choose?
Well, Forex Trading is not gambling, is through Technical and at times Fundamental Analysis in analysing the most probably move in the market.
Is both a skill and an art.
Let's see how the market roll out.
GBPUSD-Weekly Market Analysis-Mar19,Wk1On the Daily Chart(right) there is a bullish shark setup for a potential long opportunity and within the 1-hourly chart(left), the market may form a harmonic pattern within the 4-hourly chart's buy zone.
This Wednesday, 6Mar2019, 19:08pm-21:00(+8GMT) I might be going through 12 currency pairs on the mid-week analysis, like and follow our facebook to join us for the session:
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Live Video Analysis Posted on our Facebook Page.
EURUSD-Weekly Market Analysis-Mar19,Wk1On the 4-hourly chart we have Shark Pattern(Grey) and Bat Pattern(Pink) within the higher timeframe sell zone.
If shark pattern didn't complete by 5Mar19, 22:00(UTC) it will deem invalid for me.
Later this Wednesday, 6Mar2019, 19:08pm-21:00(+8GMT) I will be going through 12 currency pairs on the mid-week analysis
Like our facebook page so when we went live, you will be notified:
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SHARE our post so more traders can benefit from the analysis and
COMMENT 1 thing that you like about the analysis.
Your support is greatly appreciated.
Trade Ideas Position: AUDUSD BatThis could be fun, pattern over pattern. I've primary identify the Shark(Grey) Pattern and within the pattern with a different X leg, there is a Bat(Pink), with the same X leg of the shark there is a Deep Gartley(Yellow) all meet in the same zone labelled PRZ.
Of which pattern will you engage and why so?
I've made my decision and engaged the trade, have you?
Trade Ideas Position: CADJPY BatWow, this bat pattern form up as a counter-trend trade which I am pretty much looking for a trading opportunity for.
A likelihood of a pending order to engage this trade and we have spotted this trade during our LIVE Mid-Week Analysis that happens every Wednesday, just like our facebook page to be informed.
Exact Entry; Stops and Targets shared with my subscribers.