Longsignal
AUDCHF, Elliott Wave, Pitchfork & Gann Fan.Previous trade reached stop, but I think A new impulse wave is Beginning.
EURUSD - Failure Wave 5 possible, look on channelbottom for longHi followers,
EURUSD is building out wave 2 of the big wave 5. Look out for longsignal after touch the channelbottom.
Your Longorder Price you find on the Chart i sign in.
Have a nice trade.
NZDSGD, Pitchfork, Gann Fan & Trend Line. DailyThe downtrend seems to be coming to an end.
Wait for a positive reaction to the L line of pitchfork or trend line, then you can buy.
Set targets according to the chart.
Vertcoin - Pennant PatternI have been looking to increase my position in Vertcoin for a while now and really like the chart set up so I am going to be adding in the next day or two.
Just in case the price moves against me I will be placing a stop loss about 25% below my entry price.
Possible Gold Long SetupHey guys,
hope everybody is fine. First of all, we want to apologize for not being active for the last couple of weeks, as we are currently updating our website. But we will start from today updating all charts. :-)
Okay, so let's start with a possible long trade in Gold.
As you might know gold and silver are in an intact long trend and we are expecting gold to reach around 1300 in the midterm. As gold is currently correcting, we want to take the chance and buy gold at around 1247 with a stop loss below 1227 and a potential target of 1300.
So let's see whether gold makes another push to the downside or not. Please read the article below on why we think all commodities and the currencies will gain in the near future. Hope that helps.
Cheers
EUR/USD Could Make A Long Impulsive!Hey Guys,
we are expecting a long move as a correction, to the upside. We wouldn't take any short positions for now as the market could be in a wedge formation which could eventually break to the upside to start a correction to the upside. So be careful with short positions as of for right now.
Trade with care and always use a stop loss while trading and never risk more than 0.5% per trade.
Cheers
GBPJPY wave analysisHello guys,
What do you think about this wave analysis? It seems we are on the beginning of the 3rd wave hear (the biggest move according to Elliot). ABC retracement is completed between 0.382 and 0.5 fib retracement levels. We can see the pair gaining more volume on 0.5 fib level with the huge bullish candlestick. Even though I am already long on this trade (see my related idea GBPJPY showing a bullish retracement ), I just feel as sharing this Wave analysis. SL is set few pips below 0.5 fib level.
Bullish engulfing candle on USDCADAs you can see, today's candle is engulfind yesterday candle in a bullish manner. You can wait for the end of the day to confirm if the candle will remain bullish engulfing or like me go long and get out of the chart.
NZDUSD - Live Buy SignalBuy at current price
Target 1 - twice the SL
Target 2 - 0.71
Target 3 - 0.7160
SL - below 0.6950
Silver - Look for a buy signal nowAs shown, Spot Silver on the daily chart is trading near crucial support at 15.85-16.00 (Horizontal support). Daily chart shows double positive divergence. Also, Dow theory sell confirmation would be only below 15.85.
In a nutshell, as long as above 15.85, one should look for a reversal sign to go long with strict SL. Risk-reward looks awesome here!
USD/CAD Long Prediction 1. Look for price to go down to the 2nd support level of .5.
2. Price may retrace 2 times at .5 & .382 before the big breakout "Long"
3. Regardless the price will break through the channel by 5/30/2016
4. The Uptrend will start once this happens.
5. If the price does this look to enter between 1.30028-1.29700 on a"Long"
6. Profit Target is between (A)1.31439-(B)1.31266
[AUDUSD] PIN BAR CANDLESTICK + AREA OF RESISTANCEFX:AUDUSD
In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision Candle.
Trading Details:
Time Frame: 12hr
Entry: Below the low of the indecision candle (Pin Bar)
Stop loss: A few pips above the high of the Indecision Candle
Risk/Reward: 2:1
Account Risk: 2%
