TheDailyTrader_FX

TheDailyTrader_FX

Another reason why I love advanced patterns so much is that they let you identify potential trades long before the sell or buy signal occurs, all you have to do is sit back and wait for the patterns complete and even if they don't complete, no big deal, just move on to the next one they occur in all markets, no matter currencies, stocks, futures or commodities. Of...

TheDailyTrader_FX

This is why I fell in love with harmonic trading strategies. They work so well in consolidations like this, that sometimes you feel your self like a wizard able to predict reversal point with pip to pip precision. Although this might not be the best example as the first cypher pattern failed and my stops got taken out for that trade, however the next two cypher...

TheDailyTrader_FX

This is why I fell in love with harmonic trading strategies. They work so well in consolidations like this, that sometimes you feel your self like a wizard able to predict reversal point with pip to pip precision. Although this might not be the best example as the first cypher pattern failed and my stops got taken out for that trade, however the next two cypher...

TheDailyTrader_FX

Here is my picture of what is happening here on this pair. We can see a massive drop in a bullish market from 1.36550 down to 1.32000, following that market has formed bearish flag pattern and broke it to the downside yielding nice profits and forming an ABCD pattern that actually yielded some nice profits as well. Now the next thing happening is market is forming...

TheDailyTrader_FX

Here is my picture of what is happening here on this pair. We can see a massive drop in a bullish market from 1.36550 down to 1.32000, following that market has formed bearish flag pattern and broke it to the downside yielding nice profits and forming an ABCD pattern that actually yielded some nice profits as well. Now the next thing happening is market is forming...

TheDailyTrader_FX

There is a nice level of structure at 1.010. We have seen the hold of that level multiple times back in 2018 and 2017. Following the multiple tests of this level pair has dropped little bit and now we can see it potentially forming Head and Shoulders pattern. Patience. I want to see break and close below the neckline to confirm continuation to downside and then...

TheDailyTrader_FX Updated 

Doing my analysis this morning I spotted this bat pattern potentially forming after break and close below the previous low signaling continuation to the downside. RSI should be overbought and diverging at completion of pattern to confirm sell signal. ATR based stops above the patterns starting point X. Trade your plan and Good luck in the markets.

TheDailyTrader_FX Updated 

Doing my analysis this morning I spotted this bat pattern potentially forming after break and close below the previous low signaling continuation to the downside. RSI should be overbought and diverging at completion of pattern to confirm sell signal. ATR based stops above the patterns starting point X. Trade your plan and Good luck in the markets.

TheDailyTrader_FX Updated 

Following a completion of Bull bat on daily( refer to my reletad idea on EUR/NZD posted 2 weeks ago),pair has met some serious support and is now forming a head and shoulders pattern on 4H time frame. Im looking for price to brake and close above the neckline to add some more to my initial bat entry, on the retest of neckline. ATR based stops below the right...

TheDailyTrader_FX Updated 

Following massive bearish move GBP/NZD is now setting up for nice longer term shorting opportunity. Bulls are now pushing price up towards the major structure level which also happens to be even handle number at 1.96000 and 61.8% retracement of bearish leg down. If bulls are pushing price higher towards these level then this will create cmpletion of two different...

TheDailyTrader_FX Updated 

Pair is currently consolidated and moving sideways, providing a good environment for harmonic pattern trading. Here is nice Bear bat completing near structure resistance. If bulls push price higher up to these levels then look for RSI to be oversold and diverging before shorting. ATR based stops above the X.

TheDailyTrader_FX Updated 

Bitcoin has been bearish for the past 12 months and here is a good opportunity to short it again. Pair is currently setting up for bearish Bat pattern completing at 3710.3 If bulls pushes the price up towards this level then I will be looking for sell signal around this level on lower time frame to short it. Also looking for RSI to be overbought and diverging to...

TheDailyTrader_FX Updated 

After completion of bigger gartley pair is now setting up for another bearish gartley completing at 1.83900. RSI should be overbought and diverging at completion of pattern. ATR based stops above the patterns starting point (X). Trade your plan and good luck in the markets.

TheDailyTrader_FX

Following a completion of Bull bat on daily( refer to my reletad idea on EUR/NZD posted 2 weeks ago),pair has met some serious support and is now forming a head and shoulders pattern on 4H time frame. Im looking for price to brake and close above the neckline to add some more to my initial bat entry, on the retest of neckline. ATR based stops below the right...

TheDailyTrader_FX Updated 

Following bearish move in November pair is potentially forming a Bullish BAT pattern on 1D chart. Currently price has broke and close below the previous structure support giving us a good probability that bears will be pushing this lower down to our bat completion. This is also opening a shorting opportunity on lower time frame to those of you who trade...

TheDailyTrader_FX Updated 

After completion of Bull bat on 4h time frame, Pair is now potentially forming a bull bat pattern on 1H time frame,providing another opportunity to get in for those who missed bigger bat completion on 4h. ATR based stops below the bat starting point X. Trade your plan and good luck in the markets.

TheDailyTrader_FX Updated 

After completion of Bull bat on 4h time frame, Pair is now potentially forming a bull bat pattern on 1H time frame,providing another opportunity to get in for those who missed bigger bat completion on 4h. ATR based stops below the bat starting point X. Trade your plan and good luck in the markets.

TheDailyTrader_FX Updated 

Bull cypher completing at 124.161 . ATR based stops below X