My basic Daily, 4hr and 1hr chart analysis on the USD.CHF A sell stop order is now in place.
My basic Monthly, Daily, 4hr and 1hr chart analysis on the NZD.JPY I currently have a sell stop order in place to short this pair if we see the next impulse.
On the EUR.AUD 4hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 1.4268 & 1.4310 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
My basic Daily chart analysis on the EUR.NZD I will be looking to take this pair long into this evening if it meets my rules to do so. I will update this chart on multiple timeframes to give a better insight into what i am watching.
My basic Daily chart analysis on the EUR.USD I will be looking to take this pair long into next week targeting 1.0750 if it meets my rules to do so. I will update this chart on multiple timeframes to give a better insight into what i am watching.
On the USD.CHF 4hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 1.0096 & 1.0107 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
My basic Daily & 1hr chart analysis on the AUD.CHF I will be looking to take this pair long into next week targeting .7700 if it meets my rules to do so. I will update this chart on multiple timeframes to give a better insight into what i am watching.
On the GBP.NZD 4hr chart we have a potential long opportunity at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.7739 & 1.7646 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...
My basic Daily, 4hr and 1hr chart analysis on the EUR.USD I will be looking to take this pair long into tomorrow evening if it meets my rules to do so.
On the EUR.AUD 4hr chart we have a potential long opportunity at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.3999 & 1.3940 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...
On the EUR.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 1.0678 & 1.0688 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
My basic Daily chart analysis on the EUR.CAD I will be looking to take this pair long into this evening if it meets my rules to do so. I will update this chart on multiple timeframes to give a better insight into what i am watching.
On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.2515 & 1.2557 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...
On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.2474 & 1.2504 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
On the USD.JPY 4hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 111.755 & 112.192 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
I have attached on the chart above a number of multi-timeframe confluence factors that were taken into consideration prior to taking this position. In my opinion building a tick list of requirements prior to a trade not only gives you a higher probability of long term success, but also minimises impulsive emotional behaviour. Please note, there are number of...
AUD.CAD - +1% EUR.CAD - +1% EUR.USD - +1% GBP.JPY - +1% USD.JPY - +1% AUD.NZD - +1% EUR.AUD - +1% CAD.CHF - -1% Total - +6% based on 1% per position. A quality over quantity approach.
My basic Daily chart analysis on the USD.JPY I will be looking to take this pair long into next week if it meets my rules to do so. I will update this chart on multiple timeframes to give a better insight into what i am watching.