UnknownUnicorn300837
Been spotting this bearish BAT yesterday while doing my pre-market opening analysis and placed order when market opened. Got filled in early this morning and hit target 1 easily : pain free trade and 50 pips cashed in. Those trading 2 targets on those patterns are now in a risk free trade with stops at BE and waiting for target 2 to get hit. Want to watch my...
Been looking at this bearish BAT on the 15M chart hoping for some extra pip going into the weekend. Started going my way, came a few pips close to my target (but not close enough to be allowed to move my stop to BE), and price reversed and stopped me out. The important is to consistently trade my trading plan to the letter, through the wins and losses
Been eyeballing that bullish BAT on the H1 for a while, Now in the trade and patiently waiting for target to get hit
Don't know if I want to be happy or just "upset" : irritating when analysis is correct and accurate, then price action comes and flirt 0,5 pip from my target, chich allows me to move my stop to BE; to then see price turn back, hit my BE stop and fall off the cliff to my target right after !!!! GRRR !!!!! I know it's part of the game, but irritating and...
Not often I get setups on my Bollinger Band strategy and have now a nice one with nice risk to reward ratio (potential gain of 176 pips for a risk of 75). Let's see how this one goes :)
Depending on your broker's data, this pair is putting a double top on the H1 timeframe at previous structure : - RSI oberbought on the first test - RSI divergence on the retest - price at previous structure and quite close to the top trendline of the wedge/pennant on the daily timeframe - 1.414 fib extension - 3 drives harmonic move Aggressive traders would have...
The bearish Cypher has already hit target 1 (stop moved to BE). If price action hits target 2, I'll reload for the bullish Cypher @ 111,50
Looking to short this pair. We can see that we have confluence of 50 fib retracement, with ABCD pattern, 1,618 fib extension and completion of a bearish BAT, all that in the zone of a previous small structure shelf. Looks like a good area to short that pair.
Although the datas on Tradingview shows a close passed the 1.414, on my trading account it only touches the 1.414 without closing passed that level so I could take the Cypher anyway. Looing for 63 and 107 pips on primary targets 1 and 2. Let's see how it goes
Whether you want to sell or buy that pair, there is Cypher waiting for you. Selling Cypher @ 113,64 & Buying Cypher @ 112,54 Stop at 113 Fib ext or 1 ATR Targets at 382 and 618 retracement Maybe will be able to take both of them back to back. Let's wait and see
While waiting for the potential pink Cypher, this pair is putting a nice double top opportunity : - equal high retest - RSI overbought on first test - RSI divergence on restest - Structure looking left - "Bottom/middle" of the double top did not hit the 382 retracement from last move up Will be waiting for a nice looking bearish candle or a lower low lower close...
Really slow start this week with second trade being another losing trade. But got to stick to the plan and take the trades. Had a great week last week so was expecting some kind of drawdown this week. Will trade my wayout the potential drawdown by sticking to my rules and consistently trading my plan !
Spotted the pattern and entered that trade last friday. Did not go my way during market opening yesterday so starting the week with small loss. Simply part of the game :)
One of the things on my radar for today, this Cypher pattern on the 15M chart with a nice risk to reward ratio.
Pain free 2 targets winner on the orange Cypher. Now reloading for the Gartley and BAT waiting at the 0,9780 and 0,9730 area. Will be taking the Gartley first, and then the BAT if get stopped on the Gartley (entry to the BAT is passed my stop on the Gartley) Plan your trade, trade your plan !
Price had broken last low with confirmation of Stochastic in the oversold area Shorted the pair for 2 targets. Target 1 already hit, now in a risk-free trade waiting for price to hit target 2
Seeing this pair is clearly bearish, I will be looking to short at the break of daily low if Stocastic gives me confirmation to short. Depending your strategy, stop could be place above last swing high, x pips above the breaking candle or using ATR or 113 Fib Extension of last swing high Target at previous structure for a nice ride down for a potential 400-450...
Had been waiting for that Cypher to complete and get in for a long opportunity on that pair. Since the stop was a bit bigger than 100 pips, order was placed a bit lower to get my entry at 98 pips stopm which allows also a 1:1 risk to reward which is not so often on the Cypher (typically an inversed risk-reward ratio on that pattern)