Get started

Structure-trade

Low risk bullish structure opportunity on EURUSD!On 4H time frame, price is giving us low risk, high return trend, structure trading opportunity on EURUSD - we get 1:4 R/R Factor. There is reversal zone made: structure zone (current OR) Fibo inversion You can enter right away, or you can wait for your rules of entry. Stop level is below current OR, target level is the retest of current NSH. If you are truly trend trader, then you can shoot for targets higher than NSH - don't forget that price made Double Top, so beware of the strong resistance zone. Good Luck!
Long
by Aleksandar_Rose
EURUSD 15M Bullish BatEURUSD on 15M is in a pullback mode, that is in an established bullish trend - look to the left, there is a series of NSH and OR(pullbacks). Currently the pullback turned out to be a complex one, giving us a potential advanced harmonic pattern - Bullish Bat. I will use the Bat pattern as an entry reason for a trend continuation trading opportunity - targets are extended. Entry @ 1,1164 Stop @ 1,1154 Initial Target 1 @ 1,1205 Initial Target 2 @ 1.1230 Good luck!
Long
by Aleksandar_Rose
1
Potential Conter Trade on EURUSDEURUSD made another retest since price failed to close higher above current NSH, but this gave is a potential counter trading opportunity. Price was stop by the current structure level and RSI is in OB condition. My entry reason will be a Double Top - since we have the left already. RSI is in OB, it's almost certain that market will put a bearish RSI Divergence :) Stops above the Double Top setup, targets can be either fibs, 0.382 from the current swing move, or previous structure to the left, which aligns perfectly with 0.618 level. Good Luck!
Short
by Aleksandar_Rose
GBPUSD is heading towards Reversal ZoneAfter price broke higher the structure zone, now GBPUSD is heading towards the reversal zone on 1H. Reversal Zone is formed by: 1.414 Fibo Extension from the current structure Low to local high 1.618 FIbo Inversion 0.618 Fibo Retracement Structure to the left (purple one) You can enter aggressively on that structure trading opportunity or your entry rules - LLLC, Double Top(don't forget the RSI) and so on. Stops above the structure (purple one), the target will be a retest of the Structure Low. Good luck
Short
by Aleksandar_Rose
USDCAD - Don't or Do Catch The Falling Knife?We just took a look at this pair in the Syndicate and I wanted to share it with you guys as well. I'm looking for buying opportunities here on the $USDCAD and this particular trade fits right into today's theme of being "Predictive with your analysis & reactive in your execution." With the change in Canadian sentiment, we've seen a massive amount of buying for the CAD, nothing last forever and this looks to be a good place for buyers to retest the market (buy orders) and for sellers to remove some profits (buy orders)...See what I did there. Anyway, I just missed confirmation on the recent for hour close, so I'll need to wait until 9pm NY time for my next opportunity to get involved. Whenever you see this type of move you hear the cliche, "don't catch a falling knife" reference. To be that's a bunch of bull and as counter trend traders it's our job to catch those knives as long as their at smart areas in the market. Akil
Long
by Akil_Stokes
16
GOLD - Potential Trend Trading Opportunity Up To 1290'sThe last pair looked at today was on GOLD. If you're a follower of my post here or anywhere else, then you know that I was looking for a potential head & shoulders pattern. Price didn't quite make it to a horizontal neckline (which is preferred not needed) before heading up to retest the level of the left shoulder. A double top at that level then turned into an ascending triangle which has recently broken out to the upside. Back to the non-horizontal neckline. This continues our series of higher highs & higher lows which results in a bullish trend. So IF we are going to continue this bullish trend THEN the path of least resistance leads us up into previous structure resistance....hope that wasn't confusing. As a countertrend trader, you should now be asking yourself the question "How can I get involved if we retest previous structure highs?" while a trend trader should be asking themselves "How can I get involved in the anticipated move up to those previous structure highs?"
FX:XAUUSD
by Akil_Stokes
2
EURAUD - False Breakout Head & Shoulders/2618 Retest This was one of the more interesting pairs that we looked at today as it featured a lot. Starting on the higher timeframe it's important to realize that we have failed to break above our previous level of structure resistance. Therefore what seems like an obvious bullish flag formation may not be as appealing as it once seemed. I'm looking at this as a potential false breakout due to the fact that after trying to rally above the highs of our channel, we've returned and passed it's midway mark. Now I've never tested this personally as I'm not much of a breakout trader but trading legend Linda Raschke warns to be aware of this. if this is indeed a false breakout then a rally higher would give us 2618 opportunity competing at the same level as the left shoulder of a head and shoulders pattern. Giving us to reversal patterns at the same level. Seems interesting to me.
Short
by Akil_Stokes
4
NZDUSD: Ascending Channel into 2nd Level Resistance Test The Kiwi was my sole losing trade last week which doesn't come as a surprise. This trade features a dual level of structure which is always difficult to navigate and although I waited for a conservative entry, I also took a very conservative stop knowing that I would rather get stopped out and retry if the opportunity presented itself vs. using a bigger stop loss and taking a larger loss than I'd want to. Similar to the GBPUSD, Kiwi is putting in an ascending channel where the buying pressure is starting to slow due to both bullish profit-taking and bearish interest at the current level of resistance. I don't know when or if I'll get the opportunity, but I would expect to see some relief in this market the closer we get to the higher level of resistance.
Short
by Akil_Stokes
AUDUSD: 3rd Strike 2618 Opportunity AUDUSD was the first of 2 2618's shown today. As mentioned, I had previously been a fan of the higher level of structure resistance (red box) and although I couldn't involve myself in the initial test, was able to use an advanced pattern formation to get involved on the retest. We now have the potential for a 3rd strike of that level in the form of a 2618 trade if price action were to rally up to the .7480's level. Overall I'm still neutral on this pair meaning I don't have a firm bullish or bearish bias bigger picture.
Short
by Akil_Stokes
EURJPY: Looking At An Opposite Breakout The second pair in tonight's video focused on the EURJPY which has been extremely interesting as of late. Although this particular pattern formation traditionally breaks out in the direction of the flag pole. I still have a bullish higher time frame bias on this pair and our currently level of structure offers a low risk opportunity to get involved in an anticipated move retesting our previous structure highs. At the bottom of the chart you'll see that our RSI has gone massively oversold & is now showing bullish divergence. This doesn't make it a no brainer buying opportunity but it does help us build a case for a bullish bias.
Long
by Akil_Stokes
3
NATURAL GASS REPEATING STRUCTUREI have previously posted an update on natural gas plus a long on going trade which already gave us a lot of profit from target 1. I have also notice the importance of 3,5$ per MMBtu for extra push to the upside read the articles below. TECHNICALLY WE CAN SEE THE HEAD AND SHOULDERS PATTERN,THE FIBONACCI LEVELS,THE ASCENDING CHANNEL,THE BIG TRIANGLE ABC. WE ALSO SEE THE SMALLER DESCENDING TRIANGLES EDF AND E'D'F'. AS PREVIOUS WE COPY THE ED SIDE AND WE SET IT AS A TARGET WE CAN SEE THAT THE FIRST TRIANGLE BROKE SUCCESSFULLY AND PRICE REACHED THE PRICE TARGET 3,380$ PER MMBTU WHICH IS THE MEASURED MOVE FROM E TO D OF EDF TRIANLE. IF WE DO THE SAME WITH E'D'F' TRIANGLE AND TAKE E'D' TO PROJECT THE TARGETS WITH THE BLUE LINE WE CAN SEE THAT IT REACHES 3,5$ THE IMPORTANT LEVEL MENTIONED. RSI HEADING INTO OVERSOLD ZONE TO TAKE THE POWER TO BREAK THAT TRIANLGE FOR SUMMER RALLY. ATR CLOSE TO IT'S LOWEST LEVELS MAYBE PREPARING FOR EXTENSION SOON. WE CAN TAKE THE TRADE MENTION OR MORE LONGTERM VIEW WE CAN TAKE THIS TRADE WHICH I WILL UPDATE ACCORDING TO THE PRICE ACTION. POSSIBLE TRADE WITH 2 P/L RATIO FIRST TARGET T1 AT 3,380$ PER MMBTU SECOND TARGET AT 3,5$ PER MMBTU WIDER STOP LOSS AT THIS ONE BECAUSE OF MORE A LONG-TERM VIEW AT 3,050$ PER MMBTU THANK YOU FOR SUPPORT HAPPY TRADING
OANDA:NATGASUSDLong
by The_Greek_Trader
GBPJPY in Structure. Will it hold?Hey guys, very few trading opportunities today on my radar. Here is one of the most interesting, we're on the daily chart and it's clear to everyone that we're about to make a decision. The structure you see looking left seems very important, and also the RSI way overbought make me think it's going to reverse. Nonetheless, you don't want to short such a trending market without additional confirmation, that's why i'm paying attention to the hourly and 4hr chart in order to seek for trading opportunities. I'll keep you updated! If you want to ask questions or share your view, feel free to comment below. Otherwise, see you in the next chart!
Short
by Roker1
2
GBPJPY in Key Structure Point. Will it fall?Hey guys, very few trading opportunities today on my radar. Here is one of the most interesting, we're on the daily chart and it's clear to everyone that we're about to make a decision. The structure you see looking left seems very important, and also the RSI way overbought make me think it's going to reverse. Nonetheless, you don't want to short such a trending market without additional confirmation, that's why i'm paying attention to the hourly and 4hr chart in order to seek for trading opportunities. I'll keep you updated! If you want to ask questions or share your view, feel free to comment below. Otherwise, see you in the next chart!
Short
by Roker1