mortonmarket

mortonmarket

This is another genie in a bottle chart but my last genie chart is playing out well so far. I'm testing a method to predict C and D leg and then the reversal to score pips in all directions accurately. Check my EJ chart I posted yesterday

mortonmarket

Just for fun!

mortonmarket

Already hit the d leg so I'm in this one hoping for further bearish movement

mortonmarket

This will be a long one but I wanted to try my hand at charting a 1 week chart. Obviously very huge pip potential

mortonmarket

Not much more to say than the usual wait for d leg validation. The market has been whacky so exact validation is a must for me right now

mortonmarket

With the craziness we have seen in this pair I will only enter this trade with exact reversal at the D leg. It isn't a huge win which always increases risk. Be cautious

mortonmarket

I know I'm way ahead of this one so do not go throwing a trade in. I just have a gut feeling and will be watching this pair. If we hit c and d legs we could be looking at over 200 pips headed north! Elections Thursday to keep in mind as well.

mortonmarket

I will watch this on the 4hr chart and if we get close to the Dleg I will analyze SL and TP and go in on this one.

mortonmarket

I analyzed this early weds or thurs last week. I was quite excited but as you can see my pattern was not met. I am still watching this pair and I have a 1% trade in going short with it. Hopefully this week we get some better clarity. I don't have the points set exact because I was not going to share this chart but the ratios did work

mortonmarket

I am looking closely at this to put a trade in. After last weeks chaos I will absolutely wait for the D leg to be met. This is one to watch!!!

mortonmarket

I wanted to go crazy on this and chart 4hr trends within the daily chart. I have an active trade on this set up from the C-leg with a TP at .75000. I will reanalyze as we move closer to the D leg. NFP tomorrow so be cautious with any USD pairs.

mortonmarket

This pair has been fighting to breakout for a while now. Keep an eye on oil tomorrow and look at all factors before entering this trade.

mortonmarket

I may be looking long on this one if all legs are met. I will be keeping an eye closely on this pair to potentially go long.

mortonmarket

Finally a pair ready to ride the bull. A strong trade if the legs on this analysis are validated. Be patient and always be sure to add a stop loss when you enter a trade. Create a plan and stick to it!!! I will update this one tomorrow. Good luck

mortonmarket

Oh how I love bears and bats! This is looking like a great set up in the making. As always patience is key!!!! Wait for validation before entering this trade

mortonmarket

What goes up must come down. The points shown are valid ratios for a bearish butterfly. Keep an eye on this one!!!!!

mortonmarket Updated 

I know several of you including myself bought a little too early on this one. I am holding on to it because a breakout is coming. I see this going to 1.1450 but I will be setting 2 TP's. Be careful with this pair and look for validation before diving in. I think we saw a minor and short term set back Thursday and Friday with it closing on the up and up Friday....

mortonmarket

We see an obvious down trend happening so that validates partially any bearish ideas. What I see forming is a bearish butterfly that appears it will break support possibly then turn bearish. As always watch for at least C leg to be reached before getting too excited. I will be watching this one closely as I see pretty large potential for profit.