TCT
GBPAUD 60min Bull Bat/TCTI missed my original entry last week on this trade. Now I'm hoping the market will be kind to me and put in a Double Bottom around the 2.0277 Support Level.
The Bat Pattern has already hit Target #1... So don't buy it based on the Bat because that trade is already over.
IF, market Double Bottoms there:
THEN, I will buy next bar market.
Stops - Below support
Target - Retest of Highs
AB=CD PATTERN OFF PREVIOUS CYPHER FINISH ON 1H GBPUSDAn AB=CD pattern forming CD leg coming off a D finish on a Cypher pattern on the 4h GBPUSD. Trend continuation trade having taken profit on the AB leg continuing the downward momentum. Confluence @.786 retracement and RSI on overbought favoring a short entry.
DOUBLE TOP & TREND CONTINUATION TRADE As you can see this pair might get up there at R1 by today at 110.20.
Potential double top formation and RSI divergence occur at H4.
If we get rejection at D1 trendline, possible long term short or short term short whatever your trading plan is.
Our killzone or entry point would be between 110.20 - 110.35.
Goodluck and feel free to comment, Thank You.
TCT Lower Lo Lower Closed and a bat pattern at 5 Mint TCT Lower Lo Lower Closed and a bat pattern at 5 Mint
AUDUSD 60min TCT @ MarketTook a short at the Aussie news tonight.. Its in a short term downtrend.
Stops - 1 ATR above Resistance
Targets - Restest of Lows
Had a shooting star at Resistance followed by a Bearish Engulfing Candle.. Not that I use candles for entry reasons.. Just wanted to bring it to attention.
USDCAD 60min TCT @ MarketAt Market Long USDCAD.. USDCAD is in a short term uptrend. We just had a Hammer at a good Support Level.
Stops - 1 ATR below Support Level
Targets - Just Targeting the highs.. Watch out for the 1.30 psychological level.. It would be a good idea to take targets a few pips before it.
TCT Trade Eurgbp short abcd pattern + fib extension confluence TCT Trade Eurgbp short abcd pattern + fib extension confluence
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
A little bit of zigzag retracement before trend continuationHey, traders. Another example of TCT trade from my live trading room. Stops and targets are on the chart. So you can see not only the idea but also the way this idea can be exploited to extract money from the market. Hope you enjoy it))
TCT Trade With Lower Low lower Closed RSI Divergence TCT Trade With Lower Low lower Closed RSI Divergence
NZDJPY possible long setupThe short TF trendline has to be broken and price should ideally consolidate before looking for a long setup. Wave Pattern in 4H TF is still valid, as long as price does NOT closes below the high of wave 1.
Trade with care!
TCT Trade Eurusd With Better Risk To Reward Now finallyTCT Trade Eurusd With Better Risk To Reward Now finally with alot of Febs and rsi divergence buying right their
EURJPY 240min TCT & Bat PatternLooking at the HTF I believe that EURJPY will continue higher up the 131.000 area. Market is in a Bearish Trend on the HTF and it appears we are setting up for a complex pullback.
With that in mind, I'm bullish on the LTF and want to buy pullbacks. I will be looking to take a long around the 125.750 level IF we can pullback that far.
I will also be looking to involve myself in a Bearish opportunity if we get up to the 131.000 Level. This will position me with the underlying trend.
So right now I have the Market Bracketed and just waiting for it to make a move.
Hope this helps!
Happy Trading :)
Why its SO important to stay DISCIPLINED!!!Here is a great example on why it's so important to stick to your plan and follow your rules 100%!
GBPAUD 60min Bear TCT: Notes are on the chart
Would you have been disciplined enough to watch the market get 99.9% to Target #1 and sit through a 150 Pip Reversal and losing half of your profits? Then watch the market come down and Double Bottom just ahead of Target #1. Seeing a Bullish Hammer at the Double Bottom?
If you did have enough Discipline/Focus then you would have been rewarded with a lot of Pips!
In these situations I always remember what my Mentor preaches... "It's all about Process over Outcome". What this means is that it's not about the money or pips you make but its about your process of trading. Will you follow your Trading Plan that you have backtested? Will you stay Disciplined? Will you stay Focused? Will you forget about the money and just focus on the Process!!!???
If you can then you will be that much closer to succeeding in this business!!
Happy Trading :)
