barry_fxtrader

barry_fxtrader

This is a simple setup for potential EURUSD Long Position from Daily Demand/Support Area

barry_fxtrader

Gold looks like its setting up for a bullish breakout. Targets on screen. Trade with caution! We all know what GOLD can do!

barry_fxtrader

A Valid Bullish butterfly pattern is almost at completion. Targets on screen.

barry_fxtrader

I have gone back to basics with this analysis and using simple price action to illustrate how higher highs and higher lows help build a bigger picture. What I have also done is highlight simple structure analysis which every trader in my opinion needs to understand to be effective. Price is currently sat at Daily Structure. I lean towards a more bullish bias for...

barry_fxtrader

As you can see from the explanations on the screen we are lining up for a possible bullish setup on EURGBP. It really depends on specific price action and candlestick analysis

barry_fxtrader

As you can see the Gartley pattern has completed and in the process I have also identified the 1-5 elliot wave. I am now expecting the correction waves to begin based on price action. There is a potential for price to retrace from the completion of A-B around the 50%-61.8% fib levels before heading further down to the 1.27 Extention towards the 0.7150. Targets...

barry_fxtrader

Short idea for eurjpy as it is currently sat at previous resistances and the last 4 hour candle is a bearish engulfing. There is a nice risk reward profile for this type of simple set up

barry_fxtrader

I have identified what looks like a harmonic pattern on AUDUSD. It isnt the perfect setup but when do we ever have perfect setups in Forex? Hypothetical question - I know! But there is a nice risk reward profile for this trade should the next 4 hours price action give us bearish momentum.

barry_fxtrader

I have been bullish on this pair for a few weeks now and price indicates that should there be a break above the 0.7450 and strong close above this area then I will be looking for a long position towards the 0.7580 area.

barry_fxtrader

I have highlighted daily support areas which are confluent with Fibonacci levels. I lean towards the Bearish side, however I would not discount the Bullish targets on screen, especially with announcements from the US today. The bullish or bearish move will depend largely on price action and candlestick confirmation for me. Another reason for leaning to the...

barry_fxtrader

This is not a signal or trade recommendation. This is for my personal journal and testing. Please do not trade based on my views and only trade where you have your own confluences and ideas in place

barry_fxtrader

Gold could potentially bounce off the current inner trend line to and form a lower low at around the 1085 area. Current price is also sat at fib level.

barry_fxtrader

Possible bullish gartley on the USDJPY pair

barry_fxtrader

IF the current candle closes below 120.60 there is a high probability chance that we could achieve 119.00

barry_fxtrader

This is not a trade recommendation. This is just some simple observational analysis on a descending wedge on the daily/Weekly Gold time frame. This could mean that in the longer term gold could see a rally to around the 1400 level. This is also dependent on many other confluences which I have omitted from the chart.

barry_fxtrader

My ideas on gold for a Long scenario - remember I don't normally trade gold. This is for some of my students who occasionally dabble in the commodities scene. Also the chart highlighted on screen is only showing 30% of my analysis. My students will know what else I use as confluence

barry_fxtrader

This chart is for my personal record.... not intended as a signal or a set up

barry_fxtrader

This chart is for my personal record.... not intended as a signal or a set up