Trade Ideas Position: USDJPY BatAnother counter-trend trade setup on this, if you have not seen EURUSD, you should.
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Trade Ideas Position: EURUSD GartleyDo take note traders, on the 4-Hourly Chart EURUSD did break above and close above the upper consolidation trendline, that makes the target 1 of this trade critical and shifting stops to entry is a must, at least for me it is.
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GBPUSD-Weekly Market Analysis-Dec18,Wk2GBPUSD shows a persistent downtrend, however, it is well supported at the Blue Line, breaking below and closing below the blue line may hint a further downward movement.
Within the Red Box is the sell zone and within the Green Box shows a sideway bounce movement.
It will be a good consideration for counter-trend trader to see if their trade plan fits into the situation, if the blue line is not broken.
When market open, it will not surprise me if there's an gap in this pair.
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USDJPY-Weekly Market Analysis-Dec18,Wk2USDJPY resume it's bull trend movement, but if you have watched closely, the market is having a sideway consolidaion and its bottom trend line has been touched.
Look at H1 Chart on the left of the chart, and the reversal candle just happen to close above the bottom trendline.
Personally, I will be waiting for the next 'touch' on the bottom trendline to look for a buying entry opportunity.
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EURUSD-Weekly Market Analysis-Dec18,Wk2EURUSD on daily chart shows a bearish movement. On 4-hourly chart it is a sideway consolidation.
The red zone is within the sell zone, within the sell zone sit a deep gartley setup, if the market touches Point D and close below the upper trendline will give a perfect shorting opportunity.
The trendline shows a sideway consolidation, breaking out of the trend line is inevitable, but the direction of the break will show a likelihood of market direction.
Trade Ideas Positions: USDCAD SharkA bearish shark formation forms at the resistance area in addition to RSI Divergence, giving a good shorting opportunity for counter-trend trader.
Entry, stops and targets shared with my subscriber.
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Trade Ideas Position: GBPJPY BatBullish Bat Pattern on this H4 Chart pose a counter-trend trading opportunity within the sideway bounce zone.
The market has gone beyond point D but is still within X. This is definitely not the best Bullish Bat Pattern setup but traders can look to engage once the H4 candle close at or above 143.68.
Do manage your risk well, the exact stops and targets will be shared to my subscriber.
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Trade Ideas Postion: 5Range BatLooking a buying confirmation to engaged a long trade on this.
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Trade Ideas Positions: 5Range BatRange Bar chart might be essential in the month of December as it might be the lowest volatility of the year.
If you are a full time trader like myself and have not overseas plan, this is what you may just need.
Exact Stops and Targets share with my subscriber.
In just the month of Oct, we shared a total of 2,333pips of net profit.
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Trade Ideas Position: GBPUSD BatBearish Bat spotted as it is a trend continuation trade, I will be taking some extended targets.
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Trade Ideas Analysis: NZDUSD FlagA pretty bullish pair that is above the previous buy zone and it is having a consolidation right now.
Such formation has a strong tendency of breaking towards the upside. Agressive trader can look for a buying opportunity.
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USDJPY-Weekly Market Analysis-Dec18,Wk1USDJPY is on its Bullish Run, having a sideway consolidation with a Bearish Bat formation, gives a hint on a counter-trend opportunity, that we had engaged.
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Overall movement for USDJPY it is still on its bullish run.
GBPUSD-Weekly Market Analysis-Nov18,Wk5UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did.
Target 2 hit a total of 107pips profit.
As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter trend trade.
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EURUSD-Weekly Market Analysis-Nov18,Wk5Overall market direction for EURUSD is still on its bearish tone. However, at the Pt D Completion of the Bullish Bat Pattern(red) does provide a great counter trend trade opportunity.
Will be taking conservative targets should the bat pattern still valid upond touching D Completion.
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Trade Ideas Position: EURUSD Bat Bat Pattern forming up and it forms a counter-trend trade opportunity to engage.
As the candle looks like coming in a downward consolidation, it can be a good opportunity for me to place my entry, set and forget.
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EURUSD-Weekly Market Analysis-Nov18,Wk5Still waiting for market to hit Point D for a shorting opportunity.
Do note that, there might be a bullish bat pattern lurking into this setup.
I will be sharing the trading opportunity with my subscriber.
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GBPUSD-Weekly Market Analysis-Nov18,Wk5Still waiting for a retest at the blue zone for a buying opportunity.
The entire setup is a sideway consolidation, though, it has a stronger push to the downside, I will engage this trade should it retest as a counter-trend trade.
I will be sharing that with my inner circle should this trade is valid.
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Trade Ideas Analysis GBPJPY FlagA potential flag formation forming up, with great reward:risk if you are using the bottom of the base flag to engage the trade.
Will engaged the trade and expect the trade to move slower than expected as the market seems to slow down.
Do note the consolidation may look small, but is a good 40+pips.
EURUSD-Weekly Market Analysis-Nov18,Wk4I'm looking for shorting opportunity at the sell zone, the double red box zone below the red line will be perfect, if not within the box is fine.
If the market break the smaller red box, I will be looking to short at the shark completion, which I will share with my inner-circle.