allstarfx

allstarfx

Okay so we are getting a nice flag on our USDJPY as i spoke yesterday. So now we have to see a bigger bearish moove(a nice big bear candle) and we can enter in sell. My first target is around 108.700. Get those pips:)

allstarfx

We just had a swing high on usdjpy with a double top and we allready got a break(a spike to the downside), we got a nice pattern, first it came agressively to the top, it bounced off and retested the top really slowly.I will be watching for a flag(pullback) on a 1h or 4h timeframe to enter a sell position:)

allstarfx

We have there a NZDCAD in a channel since the beggining of the chart. At the moment it is on an up trend (dayly-weekly) and the week finished on a nice 4h zone so im expecting a nice buy oppertunity. Market is opening soon and if there is no gap im looking for an entry that should look something like that. Wish you a lot of pips :) For more info on how to...

allstarfx

GBPJPY printed a really strong daily bullish engulfing candle which indicates it shifted momentum fom sell to buy for daily pullback. So I have 2 zones there, expecting the price action to bounce of one of them and proceed the buy for some time(expecting a dayli pullback). For more info on how to enter the trades, check my post('The MARKET STRUCTURE'). Wish...

allstarfx

Yesterday was the final day of the month and on GBPJPY it ended with a nice big bear candle. We eaven got a trendline broken on a daily chart so im expecting a nice big drop. Monthly chart view: Sow now i will be waiting for a bigger flag, like daily or 4h flag and it is ready to drop for around 700 pips. Dayly chart view: If you would like to understand...

allstarfx

EURAUD has been consolidating for a pretty long time. I'm expecting the pair to drop so now is our chance to catch the trade at the very top and collect a nice amount of pips. Why I am axpecting it to break the consolidation now? If you look a bit left on your 4h chart you see another consolidation and it lasted for about 27 days. Right now EURAUD is on a 25 day...

allstarfx

Okay, so im going to try, to break down the meaning of the market structure for you guys. I will try to keep it simple becouse it really is simple. You allready know about it but never though about it this way. So, how is market made? What does it do? We all know, it's mooving up and down all the time, and we know it doesn't moove in straight lines (if it would,...

allstarfx

We talked about GBCAD yesterday, we told that if it breaks the trendline coreects a bit we are going to sell it. The break allready occured. we are waiting for a flag formation right now and then its ready for a bigger sell. THE ENTRY Okay, so now we need to moove to a smaller char to see a flag. I have mooved to a 15 min chart and am going to enter in a sell...

allstarfx

I've said yesterday that if GBPUSD breaks the bottom trendline it's going to pullback(flag) a bit and continue to the downside. The break happened an hour ago we got a big bearish 4h candle closed underneath the trendline, so now we are waiting for an 1h flag and then for a bigger move to the downside as i've told yesterday. Wait for a flag to fully form and enter...

allstarfx

Lately i didn't know what's happening on GBPUSD, so I closed it in a triangle. Triangle is a bilateral pattern so it may end up breaking the top side for a long or a bottom side for a short. I personally think it's going to be a short but lets give price action a chance to show us. How to enter the trade after a trendline break? (I will be showing you an example...

allstarfx

As I mentioned in my previous post, when the price action breaks the TRENDLINE, it's time for FLAG. We have it right now happening on EURUSD, so when the flag is fully formed, usually continuation occurs. Im looking for a short on EURUSD soon around 1.2375. Why there? It looks like fibbonacci zone 61.8% alligned with a 4h support so im looking forward for a...

allstarfx

Okay, so im expecting a long term selling oppertunity on GBPCAD. Why? There is a strong weekly support just above it right now and it allso alligns with fibbonacci zone 61,8%. But you don't want to just press sell while there is still an up trend right? So how do we enter a sell position? First we need to wait for it to break the 4h trendline. After the...

allstarfx

Okay, so tomorrow is final day of the month, EURJPY is printing a strong bearish engulfing candle (Monthy chart), which indicates that there is a change of momentum, that's why im expecting a long term sell oppertunity. But market allways retraces, and I repeat, it ALLWAYS retraces (That's how market works. Strong moove, flag(pullback) , strong moove, flag......