NEW PARADIGM TRADINGvery nice to the pip touches on the upper parallel of the XA-BF, moving down and point D of the harmonic pattern touches the median to the pip and moves off :)
Precision
NEW PARADIGM TRADINGPitchfork of XA
Point C hit the Upper Parallel to the pip and then moved down to create point D of the entire scanner.
Possible Quickfire trade at Point D and then the CD-X traditional Pitchfork for more trades
GBP/JPY nice EP gave us a tradeHere is a perfect example of a classic CD-X Pitchfork giving us a bounce of the lower parallel (LP) in combination with an INS (daily support&resistance) line, thus creating an energy point (EP) and increasing probabilities.
The S/L (red diagonal line) as you can see gets smaller and smaller the more price moves on, one of many advantages of this strategy, and is set so we risk 1% in 5pips. Price immediately (0 drawdown) took off for 33pips after that bounce. If excited at the top this could have given you a 6% return on account in a very short time.
The power of precise execution and patience:)
This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance.
NEW PARADIGM TRADING - PRECISION TRADINGTwo harmonic patterns with their complementary pitchforks :)
NEW PARADIGM TRADING - PRECISION TRADINGTwo Pitchforks, one bearish one from the former harmonic pattern and the bullish one from the new harmonic pattern. Point D of the new harmonic pattern turned exactly on the median of the orange pitchfork to the pip. the last red circle is another to the pip touch at an energy point of the lower parallel and Camarilla lines, very powerful, got an 80% chance to go to the median of the bgreen pitchfork. :)
Possible Bullish Shark Pattern in Precision DrillingPossible Bullish Shark Pattern in Precision Drilling
USDCAD LongPrice broke through 4H descending trendline, came back to retest at the same point of bouncing from ascending daily trend line and 61.8 78.6% Fib. Price is now breaking through orange resistance area, therefore once 2H candle closes above I will be moving my SL to profit. Target 1: 1.3210 (0%) - Target 2: 1.3264 (-27%) to complete ABCD fib pattern.
My trade was placed on Friday 24th (late post). My entry was perfect, very happy with this analysis.
USDJPY - SHORT TERM BREAKOUT Breakout on the hourly,breakout will either continue the uptrend for a move up into existing structure.
Break below would be a good short opportunity.
Short and long Crude oil coming weekLast post I made a mistake that offset my bias. Learned, won't do that again. So here's a new -hopefuly spot on- analysis.
USD/JPY: MAJOR STRUCTURE ON THE SPOTLIGHTAs USDJPY goes downwards, found support around @100.900, retested six times in the last
days, so it has become a major level of structure,
Right now waiting for a better price to enter in a long position
Optional targets may be the previous structure high
Remember Traders "Eyes on your mind, not on your trade"
Thanks
CortesTeam
NZD - 1HR TrendThe NZDUSD is in a really interesting place right now it is currently trending upwards and looks like it will be doing so at least for the next few days.
I am currently short right now however I will be buying and selling several times within this trend.
I was long yesterday.
This is an incredible opportunity with the average trade ranging from 50-70 pips.
Trigger Trades - Precision Trading
