JoMarshall

JoMarshall

This is a trade that i will be keeping a close eye on, i will be looking for the market to come down to 1.0800-1.0820 before taking a long position. We have a risk to reward ratio of almost 2:1 and we have a 382. retracement falling on a major support structure and usually when we have a 382 retracement the ABCD pattern comes to mind and 1 to 1 harmonic move of...

JoMarshall

This is my first post of 2016! This is a long terms prediction purely based on technical analysis. We have 4 different strategies all predicting that the GBPUSD will rally. We have a counter-trend trading opportunity where I expect this pair to come down into the 1618 extension where we will be looking for an opportunity to go long, and if you are a resistant and...

JoMarshall Updated 

Not the best risk:reward ratio but a very good trade set-up in terms of using just structure. We'll see if the market does what I expect it to do. www.tradewithme.co.uk www.youtube.com

JoMarshall

The bearish gartley on this pair was one of the trades I missed today, by the time i saw it earlier it was already too late and now the market has rolled over forming a bullish cypher in the process. We had a similar scenario on the GBPJPY pair yesterday where we had a bearish gartley which turned into a cypher so I'm gonna be keeping an eye on this one and if the...

JoMarshall

What happens when a bearish cypher meets a bearish divergence conditions on the RSI? It's not a trick question but we can all agree that the answer is a potential short with the odds slightly in our favour so lets see if the market continues to be kind to us this week. www.tradewithme.co.uk I will be releasing a video on how to trade this pattern accurately this...

JoMarshall

So the winning streak continues, our first target on the cypher long i posted yesterday on this pair has been hit and it was another painless trade, in fact, this is as painless as they come. Our stop loss has been rolled to break-even and now we wait for target 2. www.tradewithme.co.uk

JoMarshall Updated 

I just posted this trade set-up about an hour ago and now our first target has been hit for a total profit of 75 pips. Our stops have been rolled to break even now, let's see if our second target will be hit. www.tradewithme.co.uk Want to learn how to trade this pattern? www.youtube.com www.youtube.com

JoMarshall

This was definitely the trade of the week for me because not only have i talked about it in my weekly video (Link below), It has been on my radar since last week and it turned out to be a painless trade which is a bonus. To say this week has been good is probably an understatement but the real reward for me was how I was able to stick to my rules during the whole...

JoMarshall

Another Pattern? Man, these things are all over the place now *sigh*, well do you ever get tired of making pips? Obviously no....exactly, then just get ready to take some risk again, so far it's been paying off but every good thing does come to an end but let's hope it doesn't start with this one. Ok So here's the deal, This pattern will probably be ready for you...

JoMarshall

You wanna see a clash of the patterns? That's exactly what we have here. Our gartley short gave us a painless trade with an incredible 75 pips on the first target , still waiting for the second target and if that happens, it will bring our total to 120 pips on this pair alone and it looks like we are still not done? What? Are you kidding me?....Nope, our cypher is...

JoMarshall Updated 

I already have a short position on this pair from the structure trade I posted yesterday but we now have a potential bearish gartley for those of you who still want to get involved in this trade. We have a bearish divergence on our rsi so i still think this pair is a short. Lets see what happens. www.tradewithme.co.uk Want to learn how to trade this...

JoMarshall

Both my targets have now been hit for a total profit of 37 pips. So that's 210 pips so far this week. www.tradewithme.co.uk Want to learn how I trade this pattern? www.youtube.com www.youtube.com

JoMarshall

It has been a quiet day so far for me but we have another potential advanced pattern setting up on this pair which will complete near a minor structure support and our rsi is already looking weak so if the market can get there then we will have a nice opportunity to get long at 132.66's with stops at 132.33. www.tradewithme.co.uk Get on my email list if you...

JoMarshall Updated 

I am already short on this pair on a higher time frame but now we have an opportunity to go long on a lower time frame in the form of a bullish bat pattern. As you can see the RSI is already flirting with oversold conditions and we are still 30 pips away from our entry point so I will be keeping a close eye on this one to see what happens....

JoMarshall Updated 

Following my post earlier on this pair, the market has not come back to hit our first target even though it did put us through a little pain but they say 'no pain no gain' right? So that's now 150 pips booked just on the GBPUSD pair and the unbelievable thing is the fact that one of the trade was a short and other one (this one) was long but the fact that the...

JoMarshall

So let's see if we can make it 3/3 today on this pair alone. Both our first targets have been hit on the short cypher trade as well as the bullish bat trade on this pair for a total of 150 pips and our stops have been moved to break even on both those positions which gives me the freedom to take this trade if we get there. So we have a potential bearish gartley on...

JoMarshall

If you had taken this trade like i talked about in my weekly video then you should have booked 130 pips on your first target and your stops should have been rolled to break even. It's a very start to the week and I still have a long position on this pair from the bullish bat trade I took earlier on a much lower time frame. So we'll see what happens on this pair in...

JoMarshall

The GBPUSD has reached a very important area in terms on structure, so now the question is, is it time to sell? Now we have 2 advanced pattern, a cypher pattern which is just a few pips away from being completed and a bat pattern which will complete right above the descending trendline resistance. Our RSI is just below the overbought conditions so the best...