GOOD EVENING FROM CALIFORNIA, SOME PREDICTABLE NEWS OUT OF GREECE HAS CREATED THE EURO TO FREEFALL. BEFORE THE LONDON SESSION, I AM TAKING ADVANTAGE OF MARKET FEARS AND GOING SHORT ON A DOUBLE TOP WITH A PIP REWARD OF 582.
TRUST YOUR PLAN AND TRADE WITH BALLS HAVE A GREAT WEEKEND TRADERS.
GOOD AFTERNOON FROM CALIFORNIA, THIS HAS BEEN A SLOW WEEK TO SAY THE LEAST. THIS SOARING EAGLE PATTERN IS 95% COMPLETE . I SAY 95% BECAUSE THE LAST CRITERIA TO MEET IS PRICE ACTION TO FIND SUPPORT AT THE 0.114 FIB LINE. THIS WOULD VALIDATE ENTRY . WITH A 3:1 RISK REWARD PROFILE , THE PIP TARGET WOULD BE 142. SOME PSYCHOLOGICAL EDUCATION : I ALWAYS...
HELLO TRADERS, THIS IS A SIMPLE GOLDEN RATIO TRADE THAT PROVIDES A GREAT RISK REWARD PROFILE. TAKE NOTICE OF THE BEARISH TREND AND THE RETRACEMENT TO THE 618 OF THAT XA LEG (B) LOOK FOR A PIP TARGET OF 226 TRADE WITH BALLS AND TRUST YOUR PLAN.
GOOD AFTERNOON FROM CALIFORNIA, THIS TRADE SETUP HAS BEEN ON MY RADAR FOR THE LAST TWO DAYS...AND IT HAS SETUP UP A GREAT RISK REWARD WITH A PIP TARGET OF 229. CURRENTLY PRICE ACTION IS NEAR SUPPORT AND IS CONSOLIDATING IN PREPARATION FOR A BREAKOUT. TRADE WITH BALLS AND TRUST YOUR PLAN.
GOOD AFTERNOON TRADERS, AFTER A STRONG RUN, THE DOLLAR IS TRADING IN A RANGE. BASED SOLELY ON STRUCTURE I HAVE IN PLACE A PIP TARGET AT 126 WITH A RISK OF 50 GIVING THIS SETUP A 2:1 RISK REWARD PROFILE.
HELLO TRADERS, GENERALLY, I POST UP TRADES IM IN OR TRADES I'VE RECENTLY OPENED...THIS IDEA HOWEVER IS ON MY RADAR. IF PRICE ACTION HITS THE 618 AT 139.708 , THIS TRADE PROVIDES A 2:1 RISK REWARD PROFILE WITH A PIP TARGET OF 296
HELLO TRADERS, IF YOU ARE LEARNING PATTERN TRADING , HERE IS A VALUABLE LESSON ON EXECUTING A PROFITABLE TRADE. I SEEK ADVANCED PATTERNS WHERE THERE IS VISIBLE STRUCTURE ...THIS ALLOWS GREAT STOP PLACEMENT SO THERE IS NO EMOTION WHEN YOU EXECUTE THE TRADE. THIS TRADE OFFERS A 3:1 RISK REWARD PROFILE HAVE A GREAT WEEK
HELLO TRADERS, THE EURO HAS BEEN ON A RAMPAGE AS OF LATE, HOWEVER WHAT GOES UP MUST INEVITABLY COME BACK DOWN. SHY OF 1.6700, I BELIEVE THIS TREND IS SET TO GO BEARISH BEFORE CONTINUING ITS UPWARD MOVEMENT. I ENTERED THIS TRADE MONDAY MORNING AND WITH A 3 TO 1 RISK REWARD PROFILE . +128 PIPS AND I HAVE A TARGET SET AT A STRUCTURE LEVEL.
GOOD MORNING FROM CALIFORNIA TRADERS, AFTER A LONG HIATUS, I AM READY TO SHARE IDEAS WITH YOU. SOMETIMES IT IS NECESARY TO TAKE A BREAK FROM THE MARKETS TO ENJOY WHY WE DO WHAT WE DO. I DECIDED TO MINE FOR SOARING EAGLE PATTERNS AND I FOUND A HIGHLY PROBABLE PATTERN WITH A 9:1 RISK REWARD PROFILE ...AS I PREACHED BEFORE, ONLY TAKE TRADES WITH FAVORABLE RISK...
POUND HAS PUT IN A DOUBLE TOP NEAR 188.500 AND APPEARS SENTIMENT IS CHANGING IN FAVOR OF THE YEN COULD SEE A 200 PIP MOVE IF MARKET SHIFTS TO THE DOWNSIDE - TIP FOR THE DAY - TRADE WHAT YOU SEE. YOU MAY NOT BE RIGHT MOST OF THE TIME BUT IF YOU MAINTAIN DISCIPLINE WITH YOUR RISK REWARD, OVER TIME YOU WILL BE CONSISTENTLY PROFITABLE EVEN IF YOUR LOSSES OUT...
GOOD MORNING FROM CALIFORNIA, HERE WE HAVE A TREND CONTINUATION OPPORTUNITY FOR AUSSIE YEN - PRICE ACTION IS BOTH AT THE 618 RETRACEMENT OF XA IMPULSE LEG AND AT STRUCTURE LEVEL PIP TARGET IS 246 WITH A 3 TO 1 RISK REWARD RATIO GOOD LUCK TRADERS
Good morning traders... PRICE ACTION HAS HIT 618 RETRACEMENT LOOKING FOR MORE UPSIDE POTENTIAL WITH A PIP TARGET OF 228 3:1 RISK REWARD RATIO
GOOD EVEN FROM CALIFORNIA ABOVE IS A TREND CONTINUATION TRADE THAT PROVIDES US WITH A 10 TO 1 RISK REWARD HOWEVER FIRST TARGET WILL BE AT KEY STRUCTURE LEVEL AT 310 PIPS PIPS IS ALL THAT MATTERS - PIPS = PROFIT ...AND HAVING THE COJONES (BALLS) TO EXECUTE IT - BEST OF LUCK TRADERS
GOOD EVENING TRADERS, I HAVE IDENTIFIED A PROBABLE BEAR BAT AND HAVE AN ENTRY AT THE TOP OF THE CD MOVE. IF IF MOVES TO THE DOWNSIDE I AM PREPARED TO TAKE PIP TARGET OF 312 PIPS WHICH WOULD COMPLETE THE BAT PATTERN THEN BE LONG AGAIN FOR A MORE CONSERVATIVE PIP TARGET. I AM LOOKING TO EXTRACT 1500 PIPS FROM THE MARKET THIS WEEK AND I AM SURE THIS TRADE WOULD...
GOOD EVENING TRADERS... LOOKING FOR A HOMERUN IN THIS TREND CONTINUATION FOR POUNDKIWI STILL MAINTAINING 3 TO 1 RISK REWARD TO ELIMINATE EMOTION IN TRADE PIP TARGET IS 690 SO IT WILL CARRY INTO NEXT WEEK IF TRADE GOES LONG.
THE POUND HAS RETRACED TO THE 618 WITH BULLISH SENTIMENT. NOT GETTING AGRESSIVE WITH PIP TARGET BUT STILL MAINTAINING A 3 TO 1 RISK REWARD RATIO. PIP TARGET 228