EverythingForex

EverythingForex

Targets 1 and 2 hit. Closed LONG positions. Looking to add SHORT positions upon the bearish cypher completion as per my longer-term analysis on this pair. See Related Ideas: "USDCAD: So, You Wanna Go SHORT? B4 You Do, You Should Know..."

EverythingForex

UPDATE: Prices burst through the PRZ for this bat therefore making it invalid. No trade was taken here. This is on a 1HR chart. Almost complete. Credit for this Bat goes to Alexander Nikitin. See Related Ideas for his original post on this. However, if you take this trade, keep in mind about my post on the longer term on this pair. **NOTE** "Quick Trade"...

EverythingForex

UPDATE: Prices broke through the PRZ for ths pattern decisively. Thereby invalidating the pattern. Please look at my other posts on this pair for further analysis: (see Related Ideas) Currently, there is a gartley pattern that has been filled and is in play. **NOTE** "Quick Trade" posts are purely based on advanced harmonic patterns without other supporting...

EverythingForex

Real fast. I'm a little late getting this out but there are 2 bearish crab patterns here. One is filled (blue one). **NOTE** "Quick Trade" posts are purely based on advanced harmonic patterns without other supporting factors. Please use your best judgement if taking these trades.

EverythingForex

Here's a potential bearish cypher on the 15M chart. **NOTE** "Quick Trade" posts are purely based on advanced harmonic patterns without other supporting factors. Please use your best judgement if taking these trades.

EverythingForex

Sideways consolidation offers good harmonic trading opportunities for some quick (relatively speaking of course) profits. Here are 2 patterns: 1 a bull bat waiting to complete and one a bear cypher also waiting to complete. Can buy on the bull bat completion and ride that up to the bear cypher completion OR after bat completes, go LONG and take profits...

EverythingForex

They don't call Australia the "Land Down Under" for nothing! The Aussie is living up to it's slogan! Ok, I'm not bashing Australia. It's a beautiful country for sure. But the Aussie is looking bearish long term. I expect for at least the rest of this year. But in the meantime, let's see what's happening now. On the main chart above, I've placed a bearish crab...

EverythingForex

What you see here is a POTENTIAL bearish cypher pattern that could be setting up. Won't know for sure until the D point is reached if this is a Cypher. But in the meantime, here's what you can do for a trade based on other factors.... OVERVIEW (Daily Chart) As you can see here, this pair is in a corrective wave I've labeled an ABC zigzag. With the recent...

EverythingForex

FINALLY! After 3 tries, third times the charm! Target 1 hit for +144 pips. Lesson here is PATIENCE! This trade, even though this was a 1HR Chart Bat pattern took 3 days to hit target 1. Sometimes, just gotta go drinking for 3 days and then come back to collect the pips! ;-P Taking off 50% of the positions and letting the rest ride to TP2. Stops moved to...

EverythingForex

In my earlier post, I posted a very premature crab pattern that I deemed "TOTALLY USELESS". Well, at the time it was. I was only drawing it in at that time as a thought exercise as the B point was not even confirmed yet and the C point was nowhere to be found. Fast forward a few hours later and here we have a much, improved and much more USEFUL crab pattern...

EverythingForex

Wow. Didn't really expect it to get down to Wolfe Wave target so fast! But it hit almost EXACTLY! as predicted. Crab pattern PRZ completely violated. Now that it's down there...now what? I'm not taking a LONG position here as there is not any solid factors in which to take any trade. The crab pattern PRZ was completely violated so the crab is out of play. Not...

EverythingForex

UPDATE: In a post I made about this pair 6 days ago, I alerted that this Bearish Cypher was completed (see Related Ideas: "ALERT! USDCHF Bearish Cypher Completion"). Well, 6 days later...still waiting on this pattern to get to target 1. It happens like that sometimes especially for patterns spotted on higher TF. Prices have tried and tried and tried to take out...

EverythingForex

This bull crab pattern I mentioned in my earlier post has now been filled. Looking at the PA, it fits the profile of strong price action heading into crab pattern D points. I would expect that prices may continue down into the PRZ of this pattern. I would not be surprised if prices were to reach 3.618 and maybe even to the completion of the Wolfe Wave target line....

EverythingForex

A couple of days ago, I posted this trade for a bullish Bat that had been filled. It just barely failed to reach target 1 for +146 pips within a few hours of being completed. Highest it got was 1.10944 which was only 6 pips short from target 1. DISCLAIMER: The following actions are done by a professional trader! Don't attempt without professional supervision!...

EverythingForex

For a long time...and I mean a LONG time, this pair has just been going up and up and up! The dollar's strength was just propelling this pair skyward. And now, for awhile, many have been anticipating the start of a multi-month (maybe multi-year) correction. In my analysis, I'll make the case why it has begun. Hold on tight! My analysis may get crazy at...

EverythingForex

I maybe will have set the record for the earliest advanced pattern projection here! But this post is just to let you know what I'm thinking.... In this kind of PA, it's pretty typical for prices to retest the recent high before actually starting it's move down. So that is what I'm anticipating here by drawing in this crab pattern. it's really just a projection...

EverythingForex

Targets 1 and Targets 2 both are hit. I've taken 70% of my LONGS off the table and waiting now to see what's what....will hold the other 30% at break-even to see if this pair will go further according to my analysis (see Related Ideas: "UPDATE #2: EURUSD Bullish Crab Pattern - A Case To Go LONG")

EverythingForex

UPDATE: For anyone who is thinking to take trades according to my post and looking to go SHORT on this pair, I do want to again emphasize and CAUTION to not be greedy on the trade. As i mention in this post, I would NOT be surprised if prices DO NOT reach target 2 and may not even reach target 1. I would advise to pay close attention to how prices react as it...