Livetrading
Updated Live Trade Vert R:R 3:1After a failed break out a few days ago, Vert fell into a range. The lower support held against multiple tests. Now it has broken resistance again.
There is a lot of potential energy stored up here.
The .5 fib (0.00059) and the .382 (0.00064) are where you can take partial profits and/or readjust your stops upward.
Happy trading.
Potential Bullish Cypher EURJPYGot a potential bullish cypher pattern here on EURJPY. Now this will complete at 117.649 w/ minimum stops needing to be below X at 117.430. Target 1 will be at the 38.2 retracement at 117.95 and target 2 at the 61.8 Fibonacci retracement at 118.14. As always, follow your plan.
If you like this kind of trading, you can join me in my live trading room today. Here is the link: youtu.be
Good luck and Good trading.
3 Potential Patterns, One PairAs I am getting ready for my live trading room, I came across these patterns on USDJPY. You got three potential patterns setting up on USDJPY. 1st, you have a potential bearish cypher pattern that will complete at 115.284. 2nd, you have a potential bullish cypher that will complete at 114.631. Finally you have a bigger potential bat pattern that will complete at 113.781.
If you would like to join me in the live trading room, here is the link: youtu.be
Good luck and Good trading
Bullish Cypher on EURUSD Heading Into NFP!There is a potential bullish cypher on the EURUSD that will complete at 1.05780. Now this probably wont get filled until the jobs number comes out, but if you trade during the NFP you might have a potential opportunity here. Minimum stops as always must be under X at 1.05668 with target 1 around the 38.2 fib retrace at 1.05935 and target 2 at the 61.8 at 1.06032.
If you want to see some more ideas such as this one, tune into the live trading room today.
Here is the link: youtu.be
Good luck and good trading
Backeting USDCAD w/Advanced PatternsAs I am getting ready for my live trading room on you tube, I came across these setups on USDCAD.
This is probably my favorite thing about advance patterns, and that is; bracketing the market.
The bearish cypher will potentially complete @ 1.3190 and the bullish bat will potentially complete @ 1.3090.
Now if you trade advanced patterns, you can set your buy and sell orders along with your stops and targets and wait for one to get triggered. Awesome setup here and definitely one I will be keeping an eye on.
IF you would like to join us in the trading room, here is the link: www.youtube.com
If not, Good Luck and Good Trading!
Bullish Butterfly At Major Structure on USDCAD!As I am getting ready for my live trading room, I came across this very nice butterfly pattern that will complete at this major structure level. Now I normally don't trade butterflies, due to the fact that they complete below X, and this is where i place stops on the other advanced patterns I trade.
But when I get a setup like this, well now I have a structure zone to place my stops under.
This pattern will potentially complete @ 1.3021, which is right at the lows of this major structure zone. Minimum stops should be below the structure zone, and even if you want to put your stops below 1.30000, you will still have an excellent risk/reward ratio for both target 1 and target 2. As always, follow your trading plan.
If you would like to join me in the live trading room, here is the link: www.youtube.com
Good Luck and Good Trading!
Crude USOIL WTI RSI bullish divergence H1 to 43$ short-term LONGCrude USOIL WTI RSI bullish divergence H1 to 43$ short-term
We might see just a little bit more of decline first, as the RSI at 53.02 pointing downwards indicates.
Mid-term the downward momentum prevails considering the so-called "production glut" propaganda.
Take care!
Sinatra FX
TWITTER: twitter.com
GBPUSD third time lucky ;)Third attempt today to place some winning trades.
Thankfully this time I seem to have taken the peak and should be good from here.
Some basic technical and my trade lines drawn on.
Lost $250 ish today. Still working with 50k lot size.
Aiming for a large level profit once we touch down on green again :)