On the EUR.JPY 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 120.313 & 120.015 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...
The GBP.JPY is one pair on my watchlist into this evening. Price broke and closed below the pennant formation on the 24.02.2014 Today we have seen price push and reject the Daily EMA, 141.00 level and retest the pennant formation. I will be updating this post on the 1hr and 4hr TF once an order has been placed.
On the EUR.USD 1hr 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 1.0580 & 1.0526 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 Monthly chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between .9077 & .8218 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...
On the USD.CHF 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 1.0146 & 1.0169 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 EUR.CAD 15min 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 1.4330 & 1.4353 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%...
The EUR.NZD is one pair on this evening's pending order list. I will run through the technical analysis on the Daily and 1hr TF post London open.
The EUR.JPY is one pair on this evening's pending order list. I will run through the technical analysis on the Daily and 1hr TF post London open.
On the USD.JPY 4hr chart we 2 potential trade opportunity's at the D leg completion of a bullish & bearish Cypher setup. Bullish Cypher Setup ( Blue ) - D leg completion 111.907 Target 1 - 113.068 Target 2 - 113.794 Bearish Cypher Setup ( Grey ) - D leg completion 114.313 Target 1 - 113.068 Target 2 - 113.787
On the USD.JPY 15min 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 115.282 & 115.50 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 8 confluence factors that were taken into consideration prior to taking a 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. Unfortunately, due to the lack of indepth content available many...
My basic daily chart analysis of EUR.CHF into next week. I will be updating this pair through the week on the 4hr and 1hr TF.
On the EUR.USD 15min 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 1.0623 & 1.0630 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...
On the GBP.JPY 4hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 138.247 & 136.459 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...
The CAD.JPY is one pair on my watchlist into next week. I am awaiting an entry signal on the 1hr and 4hr TF prior to any entry.
The EUR.USD is one pair on this evenings watchlist. A very simple setup based on a high confluence break and retest. I will be updating this pair if / when we set a pending order.
The EUR.USD is one pair on my watchlist into this evening / tomorrow. As yet I am unsure if we will be looking long on the bounce of 1.0550 as i am awaiting more confirmation on the lower TF's I will be updating this post on the 1hr and 4hr TF if we can an entry.
On the GBP.JPY 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 138.870 & 138.445 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%...