I've already written my "Trading Recap" blog post for today but I wanted to share something with you guys. For you guys that have been following along with my blog you know that I've been working on an article looking at professional athletes and professional traders. One of my main comparisons is the amount of preparation and review that both do. Just like...
Just shot this to my Syndicate members but wanted to give you guys a look as well. Playing for a simply low risk high reward breakout on EURAUD as we've just created a HHHC above previous structure (looking left). Normally I play for a bigger move to the 1.272 but the even handle and next resistance level doesn't make it worth the risk.
Just broke this pair down in my Live Trading Room. After looking at the LLLC of the triple top highs, our traders were gearing up for a potential 2618/Kiss of Death trading opportunity. As we dug a little deeper into things we noticed that if we got the retracement back into previous structure then that 2618/KOD would be bet with a bearish bat which could be used...
3 potential patterns here on the German Dax Index. Instead of writing a big paragraph explaining it. Attached is a link to a video with my thoughts. www.youtube.com
A bearish Gartley pattern on the 240m timeframe with a potential bearish Bat pattern inside of it on the hourly. If you haven't signed up for my FREE 1 Week Trading Workshop then check out the link on my profile page & secure your seat
This pair has just put in New Structure Highs (NSH) on the higher time frames which immediately has be thinking bullish, bullish. bullish until we hit our next resistance level or until some crazy Aussie news comes out and ruins my analysis. For you guys that consistently follow some of the Aussie crosses, you know exactly what I'm talking about. Fortunately it...
THIS IS NOT A TRADING IDEA, more of a recap. Earlier this week I posted a chart of the EURUSD that had three potential bearish patterns setting up in the same area. In that post I mentioned that I was also involved in a long position on the Euro. Well after 24 hours of doing absolutely nothing this pair finally decided to rally and move in my favor. Throughout the...
After yesterday's FED Fun (unless you were on the other side of it) a lot of currency pairs are showing similar movement. A complete retracement from yesterday's spikes back into previous structure. We've been rolling through charts all morning in both the live trading room and the Warroom meeting trying to fish out which opportunities are worth taking and which...
Before checking out what's in store for us on the fundamental side of things I would have called this a no-brainer trading opportunity. On the daily chart we have recently put in a LLLC and presently we're retracing back into the previous 2 days highs. Not to mention we've had the completion of a bearish Cypher pattern at 1.3828 which I'd be looking to use as an...
I don't involve myself in the stock market as much as I used to but every once in a while I like to look about and see what's going on. AT&T caught my attention on the technical side (which is my specialty) for a few reasons. Big picture (weekly) we're in consolidation in a pattern that is very similar to a bullish flag. Working our way down to the lower...
It's been a very slow week for me, but luckily Jason is picking up the slack. Going into Friday's Job Report I have no intention of entering any new positions aside from this potential bullish bat pattern on the Kiwi. NZDUSD is in a very interesting position as our HTF trend has bounced off previous structure resistance, yet our LTF trend has recently created a...
Multiple potential advanced patterns setting up on the USDJPY all around the same area. We've yet to break out of this consolidation, but if we do before Friday's Jobs number, we have a good location to look for our next short. Before I get a million nasty messages no, I don't think dollar weakness and Yen strength long term, but that's what makes me a "Trader"...
Potential bearish Bat Pattern completion at a pretty decent resistance level. There's not much at all that has caught my attention in the Forex market and I've got about an hour left before my trading day starts, so just having some fun by looking around and seeing what else is out there.
Hey gang, lot's of dollar strength today and after big moves we typically see some relief. Below is a link to my weekly trading video where I'll walk you through the 3 different opportunities that the EURUSD will offer us to get long. "What The Internet Won't Tell You" www.youtube.com
Bear Gartley, Sorry for the lack of explanation earlier, but we found this while in the middle of my live trading room session. Essentially this is a bearish Gartley (which may have double topped by now) coming into previous structure. So for those looking to catch a move short.
A lot of news coming out this week for both CAD and AUD but on the technical side of things what I see is a bullish flag pattern forming within the C to D leg of a potential bearish bat pattern. I don't trade flags the same way i trade advanced patterns but I do like when they come back into previous structure as in this case so it's something I will certainly be...
GBPAUD has been a pair that we've been tracking for about a month now. For the past w\few weeks we've been waiting for the ascending triangle breakout and now that it's occurred the next chance to get long would be a retest of structure. As the market has wiggled it's way down, we've set up a potential bullish Gartley pattern that can be used to take advantage...
Looking at a long opportunity here on the USDJPY for a few reasons. The first is a retest of our previous outside return and the second is the descending wedge pattern that exist. I'm typically not a wedge, triangle, flag, or pennant trader, but I am a structure trader so when all the starts are in align I take it. SYNDICATE members I'm producing a video as we...