Long trade on NZDUSDI really like the looks of this setup. This is exactly the type of entry I like to see. A strong move into my entry with very little basing. The cleaner the move into entry, the easier time price will have of leaving the area. The only downside to this setup is that price tested the level already. I prefer fresh areas, however, since the test does not exceed 25% of my entry area, I feel comfortable taking this area again. My target is 72.687, but I no reason not to have a second target around 73.083. That is, if you have the patience. I see price basing around the 72.80 area. But it's totally up to you. If you want to take your profits and run, then one target should work for you.
Targets
GBPUSD Bullish Bat Pattern/ Long AnalysisPotential Bat Pattern forming on the daily chart around extreme long term lows.
Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low.
Be patient and wait for bullish price action on the lower time frames.
EURUSD: Ready for BullishDear traders, get ready for the long run.
As we see on the FX:EURUSD 4H chart we have a very nice long opportunity.
1. Look at the channel where price has tested the edges four times and the fifth point is going to be the entry level.
2. Green support zone @1.0992: We have three retest at this level, some noise as well at the "X" point of Gartley pattern, followed by the entry point at the fourth retest.
3. Bullish Gartley Patern: And of course we have a gartley pattern which is going to finish @1.0992, Fibs ext. of 1.272 with the confluence of structure zone..
Our SL is going to be below the structure zone and "X" point.
Our TP is going to be fibs 0.382-T1 and 0.618-T2
AUD/JPY |August 09 2016|- Simple setup and Entry
- Market printing clear LH and LL's
- Market stalled at 76. retraced back to 78. Making a new LL and LH
- We have a short term preceding trend to the upside
- We are going to use this preceding trend as a short term reversal for a long term trend
- As some like to call it a correction in a downtrend
- Entry at the low of the indecision candlestick / LWP / Pinbar rejection
- Stop loss at the high of the candlestick
Crude Oil ForecastToday was a tricky day during inventory news. I was short going into the news with profit, and thought that the news would blast through the 50% fib level. Stop placement was too far away and took a big hit. Its a lot easier to be an analyst than be a trader during the live markets. As you can see, oil traders like using the magic number 3 at key levels. My levels are pretty accurate, but deciding what to do during live markets at those levels is another thing. Two scenarios for tomorrow with 2 possible targets. Price may drop to my target and bounce higher towards the upper target or price may drop down to the lows again and continue the downtrend. Have to wait for the 30min to close to decide what to do at these target levels. One of my targets are reached about 80% of the time. It looks like the break below the previous months low may have been a trap and we could see higher prices by friday for a close above the weekly support / resistance level
daily treasure map , targets , supports , resistance daily treasure map , targets , supports , resistance , i will update my chart incase of a break of one of those a resistance line , i would like to note that gapping above or below these structure might make it an invalid structure , thats why i prefer a lower time frame
EURJPY / 15M / BAT PATTERNLATEST VIDEO: www.youtube.com
PAIR: EUR/JPY
TIME-FRAME: 15M
TRADE: BAT PATTERN
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
EURUSD / 4HR / POTENTIAL CYPHER + (VIDEO)LATEST VIDEO: www.youtube.com
PAIR: EUR/USD
TIME-FRAME: 4HR
TRADE: CYPHER PATTERN
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
NZDJPY / 15M / BAT PATTERNJUNE PROMO: www.StarProsper.com
PAIR: NZD/JPY
TIME-FRAME: 15M
TRADE: BAT PATTERN
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
AUDJPY / 15M / GARTLEY PATTERNJUNE PROMO: www.StarProsper.com
PAIR: AUD/JPY
TIME-FRAME: 15M
TRADE: GARTLEY PATTERN
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
EURJPY / 1HR / OPPORTUNITY TO SHORTJUNE PROMO: www.StarProsper.com
PAIR: EUR/JPY
TIME-FRAME: 1HR
TRADE: SHORT
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
USOILThe market has made a new higher highs these days. There is a major resistance at the 51.75 level. But we can wait for a retracement level and then go for a buy. So lets wait and see what the market does in the coming hours. Hoping it can break the major resistance and make a new uptrend again.
USDJPY / 15M / SELLING OPPORTUNITYJUNE PROMO: www.StarProsper.com
PAIR: USD/JPY
TIME-FRAME: 15M
TRADE: Gartley Pattern
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
AUDJPY / 1HR / SELLING OPPORTUNITY (DT+LTF=ROE)JUNE PROMO: www.StarProsper.com
PAIR: AUD/JPY
TIME-FRAME: 1HR
TRADE: CTS
Looking at taking a Short position on AUD/JPY -
waiting for a DT (LTF) for our ROE to be met.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com
NZDJPY / 4HR / GARTLEY PATTERNJUNE PROMO: www.StarProsper.com
PAIR: NZD/JPY
TIME-FRAME: 4HR
TRADE: GARTLEY PATTERN
Taking a look at the markets this morning and have
come across a Deep Gartley pattern on the NZD/JPY.
NOTE: These are potential trade opportunities. Please
re-analyse the trade before executing.
Star Prosper
Philip Stewart
WEBSITE: www.StarProsper.com
FACEBOOK: facebook.com
YOUTUBE: www.youtube.com