raymondfaidley

raymondfaidley

I feel as though PA is giving us a curve ball and i have my eyes set on a daily push to the south I am just waiting for price to come back in to my supply zone.

raymondfaidley

I am going for a daily position but I'm waiting for PA to come back to supply before I sell.

raymondfaidley

I'm looking for a daily position for a bull run.

raymondfaidley

Here I have us30 mark-up for a buy, I am waiting for it to come to atleast to my 50% line on my Fibonacci and reverse back to price line of 25000.

raymondfaidley

I believe that the market is still going short and I am using the retracement as an entry

raymondfaidley

This is for the current price and I believe that it go for the upside starting next week.there's two previous candle that rejected @ 132.500 QP and the last candle here is starting to do the same thing. plus its around my kill zine so its safe to say that this is a good buy entry.

raymondfaidley

Here I am predicting a down trend to my take profit 1

raymondfaidley

so for this trade I had to let the market come to a point of resistance and a strong sense of confluence in order to take this trade.

raymondfaidley

Just running some confluence training on G/U.

raymondfaidley

Here I have a nice set up for a consolidated range, to be projected of a 180 pip drop or rise. for a trade like this I will set a buy & Sell stop so I can ensure the trade is mine

raymondfaidley

This trade was simple to mark up, but still nerve wrecking at the same time. I spotted the double top and tool an entry at the neck line with a 3.00 lot.

raymondfaidley

Here I have a not so perfect double bottom formed, double bottom basically mean that there is a bullish move coming and you should pay attention to it.so I mapped out the pip distance from the bottom of the pattern to the neckline and that was my judgement on where my entry and exit would be.

raymondfaidley

Well here we have a bullish rectangle, once the market starts to consolidate into this pattern you should aspect that a bullish move is about to happen but I always keep an opposite trade in place just in case something weird happens.

raymondfaidley

On this hart I marked out a sloppy double top but the concept is the same as every other pattern, ill take an entry at the neckline and ride it down to the same height as the distance between the top to the neckline.

raymondfaidley

Here you can see that I drew a rising wedge to track down the bearish move, I marked up how many pips was the last range and estimated how many pips I wanted from that trade. the market at this time was moving incredibly slow and missed the full range by 8 pips but that is ok because I wouldn't want to be that greedy and secure the full 192 pips that was predicted.

raymondfaidley

On this chart I have drawn a orange falling wedge to show the reversal pattern and how to place proper entries for when the break out happens.

raymondfaidley

As you can see I had put a buy stop to cover my tracks, just in case the market didn't push down I would still be in profit from the trade.

raymondfaidley

so I am just going back and showing how certain patterns can help you take an entry on each consolidation.