So the bat pattern i was waiting for earlier came within 10 pips of my order but then the market had other ideas, oh well now we've got this pair in trap. It doesn't matter which way it goes, one of these patterns will surely be triggered, preferably though i would prefer a back to back winner but maybe that's just being greedy but hey, it hasn't been the best of...
Yeah you read the headline right and just in case if you were wondering I used to be a magician......nah i lied. Anyway let's pretend I was a magician and and you are about to witness something amazing where a gartley pattern suddenly turns into a cypher pattern the problem though is I have no idea how to do that but I followed something written in my trade plan...
Let me turn on the lights and brighten me and enlighten you, I don't think you realise how beautiful these patterns look.....what is this guy on about i hear you ask lol sorry i felt like i was in my zone for a minute but there's no harm in putting some fun on trading view, besides you gotta love what you do. Anyway, back to the chart, we have 3 potential bullish...
Do you need any more explanation? I think everything is on the chart for you to visualise. www.tradewithme.co.uk
Jo is Back!! Sorry guys for not being active on trading view lately but I'm back now and I've got a few trading opportunities to keep an eye on in the coming week. We have a potential bearish cypher on this pair and I'm expecting a a choppy sideways move in form of a correction back into our reversal zone where I will be looking to go short. I also have 3 other...
I have been waiting for a bullish cypher on this pair earlier but the market said no and by 'No' I mean coming to within 3 pips of my entry and then deciding not to even bother letting me have some change in my pocket. Well i didn't pannick, instead i wait to see what the market will do after that and patience obviously has it rewards in trading so the market has...
Last trade of the week, let's see if we can get filled. We have a bearish bat that will complete near a rising trendline support which was recently broken to the downside and our rsi is also showing signs of weakness so if we get to our entry point which is just above the 83.00 even handle it will be a nice opportunity to go short. If you are an advanced pattern...
So we have a potential bearish bat pattern (Yellow) and a potential Bullish cypher pattern (Purple). I will be posting the trade set-up depending on whichever one the market completes first. For now just admire the work of advanced patterns. www.tradewithme.co.uk
We have another good set-up here in the form of an advanced bearish cypher. The overall trend of this market is bearish and yesterday we broke a major structure to the downside so i expect this sharp recovery that we had in the last few hours to be nothing but a relieve rally. Our RSI is overbought and all signs are pointing towards a the bearish trend continuing...
After yesterday's 100+ pip winner on a bullish bat on this pair, the market has now rolled back to form a bullish gartley. This is just a few pips away from my entry at the time of posting this. So let's wait and see if the market can continue to be kind to us this week. www.tradewithme.co.uk
So we have a potential bearish gartley pattern on this pair and we are just a few [pips away so let's see if we can get there. We also have the extra bonus of a bearish divergence on the rsi so this should be a good one. www.tradewithme.co.uk
Only a brave man would short the USDCAD right now but hey a cypher is a cypher. I'm already long on a trend continuation trade on this pair so I'm gonna be staying out of this one but if you have the balls to short what i consider to be a very bullish market then go for it. Caution though: RSI is not yet oversold and there's a strong bullish...
This was one of the trades of the week for me and we still have a few more potential opportunities to get involved. I've already had a painless back to back Bat Pattern (Turquoise and Cypher pattern (blue). Now we just wait for the market to to complete another pattern. It doesn't really matter which way it goes because up or down, we will get to trade one of...
So we have a potential gartley pattern forming up on this pair and we actually did come close to our entry point earlier on but the market said 'not yet' so now we have to play the waiting game. The bonus point is that the market has recently broken a descending trendline resistance and the completion are of the gartley happens to fall on this descending trendline...
This pair has presented us with 2 different trade set-ups, one is a break and retest trade near a recent support structure and the other a potential bullish gartley pattern which will complete near another support structure just below the current support structure. In terms of risk to reward ratio, the advanced pattern will be a better option but the question is,...
There's only one thing you should do when you have a few losses in a row.....be patient and stick to your rules moving forward. Easy to say it of course but actually doing it is a completely different matter. Two of the trades I took this morning went burst and now I'm having the courage to be patient and wait for another set up that again meets my rules. We have...
So here we have a very nice set-up on this pair. This is a potential bearish cypher that will complete near 118.00 which is a nice round number and we also have descending trend-line resistance that comes in just above the completion level and in addition our rsi is showing weakness so that's plenty of reason to look to take this short position and the market...
I'm probably a little late posting this set-up but the risk:reward ratio suggest it's a good opportunity nevertheless. I'm looking for a 100 pip move back up into the previous support turned resistance around 86.45. Note that we have a double bottom but the bullish divergence on the rsi after the market went oversold yesterday is the extra confirmation that i...