Couple of Potential Short Opportunities on EURUSDThe first chance is a simple test of previous support, turned resistance, target recent major support.
The second chance shown here may take a while to develop. It's an harmonic pattern called "Deep Crab", a counter-trend pattern that gives a "potential reversal zone" (PRZ), within which we look to take the counter-trade when price action favors the direction of that trade, while trading inside of the PRZ.
Stops set above major supports. Targets shown on the chart (three in total).
Targets
USDCAD / 1HR / BUYING OPPORTUNITY (Patience)PAIR: USD/CAD
TIME-FRAME: 1HR
TRADE: POTENTIAL LONG OPPORTUNITY
In the Live Room with our Star Community, we decided
to post one of our Trading ideas for everyone to follow
along with. Patience pays.
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
EUR/USD - SHORTi'm not going to bore you with a long winded description on what i think is going on and give you the complexities
why? because my style of trading is made to make the most complex market seem simple by trading only support and resistance using price action for entry and that is my system
For those struggling to find a trading opportunity on EU all you need is supply and demand take out the other jargon
USD/CHF - SHORTi'm not going to bore you with a long winded description on what i think is going on and give you the complexities
why? because my style of trading is made to make the most complex market seem simple by trading only support and resistance using price action for entry and that is my system
#2016 New style of trading
EURUSD / 1HR / SHORT OPPORTUNITYNEW VIDEO ON OUR WEBSITE: www.StarProsper.com
PAIR: EUR/USD
TIME-FRAME: 1HR
TRADE: POTENTIAL SHORT OPPORTUNITY
Here is a Trade I'm looking for an entry on
towards the downside.
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
USDJPY: Bullish CypherHey Trader,
We have a bullish Cypher pattern forming here on USDJPY with D leg completion at 109.130.
I am currently in the process of back testing Cypher, Gartley and Bat patterns with the intention of adding at least one of these strategies to my current trading repertoire. Only take trades if they meet you pre-determined trading requirements and trade plan. If you don't have a clear trading plan, please get one, it has made all the difference to my trading performance.
Entry: 109.130
Stop: 108.620
Target 1: 109.68
Target 2: 110.00
Good trading for the week ahead,
Luke
AUDJPY - ''SHORT'' - (CANDLESTICK FORMATION)Confluences and Probability
- Clear downtrend 4H + DAILY
- 79.703 is channel low on the daily T.F we are seeing a clear break of this level
- All MA's are suggesting strong bearish momentum
- While having all these confluence to give evidence that we are in a overall bearish market we have other independent factors such as this clear ''Bearish Pennant'' in which we expecting a strong breakout to the downside and take a 2:1 Position the bearish pennant in it's self is a ''Bearish'' candlestick formation in which we should be looking to take a short trade to the downside
- Unable to show you the daily chart, but the previous day friday 20th the market printed a LWP Long wick pattern in which price rejected off the previous daily support turned resistance
All for now i'm going to start posting a little more charts :D
NZDJPY / 1HR / POTENTIAL PATTERN SETUPSPAIR: NZD/JPY
TIME-FRAME: 1HR
TRADE: POTENTIAL PATTERN SETUPS
Found 2 Potential Patterns setting up on NZD/JPY
1HR / 4HR time frame. Let's keep an eye on these 2.
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
NZDUSD / 4HR / COUNTER TREND TRADECOUNTER TREND TRADE
PAIR: NZD/USD
TIME-FRAME: 4HR
TRADE: COUNTER TREND TRADE
Took a Counter Trend Trade on the NZD/USD
4HR time frame. Let's wait and see what happens.
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 / 15M / POTENTIAL CYPHER PATTERNFree Workshop Replay Available: www.starprosper.com
CYPHER PATTERN
PAIR: EUR/USD
TIME-FRAME: 15M
TRADE: CYPHER PATTERN
Traders, not too much activity lately in the markets,
but we continue to do our best everyday, looking for
Trade setups and opportunities to take! We have found
a potential Cypher on the 5 minute chart in the Live
Trading room today./i]
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
USDJPY / 4HR / BAT PATTERN + (REPLAY VIDEO)Free Workshop Replay Available: www.starprosper.com
BAT PATTERN
PAIR: USD/JPY
TIME-FRAME: 4HR
TRADE: BAT PATTERN
Good morning Traders. Executed a Bat Pattern
on the USD/JPY 4HR time frame. Have a great
Monday and keep pushing forward towards your
dreams. I'm here if you need anybody.
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
EUR/GBPVery nice long setup here,
- Clear breakout of Daily support turned resistance
- Candlestick pull back showing this level will hold to continue to the upside
- Overall market trend, and a uptrend daily and 4H
- Long term EMA is suggesting that we have alot more upside to come from the previous giving us that added confluence that it's a good Buying position to be taking in this market condition
- broke out from two descending trend lines this also suggest that we could be seeing some more bullish upsides potentially HH's
Good luck as always
DacresFx
XAUUSD / 4HR / BAT PATTERNFree Training Tomorrow: www.starprosper.com
BAT PATTERN
PAIR: XAU/USD
TIME-FRAME: 4HR
TRADE: BAT PATTERN
Waiting for price action to come up and hit our
D-Point completion, on this Bat Pattern, we're now
filled for a potential move to Target 1 and Target 2.
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
AUDUSD / 4HR / POTENTIAL CYPHER PATTERN + (VIDEO)VIDEO: www.youtube.com
CYPHER PATTERN
PAIR: AUD/USD
TIME-FRAME: 4HR
TRADE: POTENTIAL CYPHER PATTERN
Good morning traders, hope you're having a great morning in
today's trading session. Here I'm looking at a potential CTT on
the AUSSIE, into a TCT and potentially into a 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 / 4HR / BAT + CYPHER + (VIDEO)VIDEO: www.youtube.com
BAT AND CYPHER PATTERN
PAIR: NZD/JPY
TIME-FRAME: 4HR
TRADE: POTENTIAL BAT AND CYPHER PATTERN
It's been a long time coming, but the analysis video is
out and ready for your viewing pleasure.
Hope everyone has had a great week and look forward
to seeing everyone in the Live Room Monday morning.
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
XAUUSD / 4HR / POTENTIAL CYPHER PATTERNCYPHER PATTERN
PAIR: XAU/USD
TIME-FRAME: 4HR
TRADE: POTENTIAL CYPHER PATTERN
After a crazy consolidation of patterns on the Gold,
there's one that's sticking out to me, if we get a little
bit more movement towards the downside.
Potential Cypher Orders resting, waiting to get long into
Target 1 and Target 2.
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: MORE DOWNSIDE?Hi Trader,
We have a 2618 setup forming here on EURUSD in the context of the longer term downtrend. I am particularly confident in this setup for a number of reasons. The early-week rally has been almost completely eliminated with yesterday's selloff. A valid 2618 setup has formed with the double top and close below neckline, confirming the potential for an upcoming move to the downside.
The reversal zone comes in at previous structure, as shown on the chart with the blue circles and arrows. It also happens to line up well with the Fibonacci retracement from the highs at 1.13870.
BE AWARE that the ECB Press Conference and Interest Rate decision is imminent in 4 hours. Price action is likely to be volatile around this event. Just something to be aware of if you are trading Euro tonight, don't get caught with your pants down!
Entry: 1.13480
Stop:1.14020
Target 1: 1.12880
Target 2: 1.12610
Best of luck for the rest of the week and beyond,
Luke
USDCAD / 1HR / SHORTING OPPORTUNITY (OVER-VIEW)SHORTING OPPORTUNITY
PAIR: USD/CAD
TIME-FRAME: 1HR
TRADE: OVER-VIEW
I haven't done an over-view post before. But here is a very
good example of building a case for entry.
We have a shorting opportunity with 2 patterns, 1618% fib inversion,
AB=CD, Structure, Bearish Trend, Trend Continuation Meets Counter-
Trend Trade, Double Top and RSI Divergence.
This is an extremely high score to take the shorting opportunity.
I hope this is visually appealing enough to help see the Trade opportunity.
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
AUDUSD / 4HR / 80 CENTS?COUNTER TREND OPPORTUNITY
PAIR: AUD/USD
TIME-FRAME: 4HR
TRADE: COUNTER TREND TRADE
Hope everyone is having a good April for
trading, we've have been doing extremely
well in the live room with a lot of pattern wins
on Gold and a lot of great setups thus far.
IF = Price action reaches our PRZ
THEN = Look for Bearish confirmation
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