Here we have a nice bullish bat pattern setting up and I have plenty of reason to be involved in this trade if we can get down to .7235 because looking left we have various resistant levels that was violated and now i expect the market to find support around those areas again and resistant area now turned support happens to be the D completion of our bat pattern...
SO this is the second bearish trade set-up on USDJPY and the idea of this strategy is since the market has just broken major support structure and most times it usually comes back to re-test that structure which will now act as resistance, before continuing the bearish momentum. If you are gonna be taking this trade then there's 2 ways you can place your stops,...
Following my post on this pair yesterday, the market finally came into the zone I said I would be looking to short and now the market has rolled back to hit both our targets for a total profit of 65 pips. This was virtually a painless trade, although it took it while before the market got to our entry point but, nevertheless, a win is a win. Recovery...
After the 50 pip winner we had on the CADJPY bullish bat pattern yesterday we also have another potential bat pattern on USDJPY but this time it's a bearish bat pattern. We will be looking to sell this pair once the market get's to 122.12. We also have another bearish trade strategy setting up on this pair as well and I will be posting shortly how I'm gonna be...
This is a potential bearish gartley pattern that will complete around the 185.09 mark, so we will be looking to short if the market gets there and hopefully we are gonna see some overbought conditions on our rsi. So I'll be watching this pair to see what happens. If you want to learn how to trade this pattern like me then you should watch my video below: ...
So this week is proving to be a tough one but I expected it after the previous 2 weeks. So far I'm down 140 pips with the 2 losses I've had on the 2 trades I took (EURUSD and NZDJPY) so i might heading into a bit of a drawdown but I'm smart enough to know that my equity curve is never gonna go straight up north, theres gonna be dips and consolidation and the only...
So we have our first winner of the week. 50 Pips on both targets, its a small victory but this will keep me in the fight like I said most times trading is a battle to just stay above water but as long as you stay discipline and follow your plan, the results will eventually come. www.tradewithme.co.uk
We have a potential bearish gartley on this pair and the main question is are we gonna get there? The market at previous structure now and it's showing signs of reversal because the RSI went overbought a few hours ago so we are just gonna play the waiting game and see if we could get another rally that might get us filled on our short position. This market is...
How about I just make a bearish cypher pattern appear right before your eyes? Just Kidding, the cypher pattern has been there all along. Ok so like I said in my weekly video, I'm not expecting much volatility this week especially after the kinda week we had last week and with this pair in particular. After the huge rally we had on this pair last week I still...
Not much on my radar in terms of advanced patterns this morning but we do have a nice trend continuation trade setting up on NZDJPY and the market is just a few pips away from triggering my order so I' just wait and see what happens. Note we also have a bit of structure where my buy order is and the 61.8 retracement line also falls on that structure so it is a...
After huge move we had last week on the euro, I've drawn up a few potential areas to get long on this pair. Now I do expect a downward correction in the next few trading days where I believe the market will trade in a downward channel as it seeks the next support level. Now looking left we have a few potential areas where we can get long on the euro and the first...
Both our targets have now been hit giving us a total profit of 75 pips. That's It for the week for me, 200 pips last week and 300 pips this week.....let's see what happens next week. I expect some drawdown in the coming week but I'm ready for it. Go to my website and get on my email list because I've got a special video coming out this weekend where I will be...
Following my post from yesterday on this pair where we had a late entry, our first target has now been hit for a total of 45 pips and our stop loss have been rolled to break even. Hopefully the market will continue its gradual rebound to give us our second target but there's still a long way to go. www.tradewithme.co.uk.
I'm a little late with this one but it's still not too late to enter this trade, infact the risk to reward ratio has been made slightly better since the market has come in deeper than expected. Missing the entry might turn out to be a blessing in disguise so we'll see what happens. www.tradewithme.co.uk If you haven't my weekly video where I my analysis on the...
This is one of the trades i've been watching since last week and I also talked about it in my weekly video (Link below). We had a Bearish gartley pattern 40 pips winner earlier this week on this pattern and now we have another bearish advanced pattern that's almost close to completion and the fact that this pair is already showing bearish sign on a higher time...
Our First target on this short has not been hit for a total profit of 30 pips. Note that the first target has been reduced because the market came in a little higher than expected and since our first target is always the 38.2 retracement of CD leg, you can see from the chart that the 38.2 retracement has been hit. It's a small win but hey a win is a...
We have another Bullish Bat Set-up but this time it's on the GBPJPY. www.tradewithme.co.uk Weekly Video: www.youtube.com
Following my post yesterday on this pair, both our target have now been hit for a total of 50 pips giving us a total of 430 pips but the earlier loss of 27 pips means we are just sitting on 400 pips for the last week or so which isn't too bad. This was another painless trade so no complains there. www.tradewithme.co.uk Weekly Video: www.youtube.com