PAIR: USD/JPY TTF: 15M TRADE: GARTLEY PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
We have european data coming out at 5 am and american at 8:30 that could twist this us so be sure to be watching in the mean while and maybe take some profits if things tart moving against you, i have those 2 as my trade scenarios red is my stop loss and the green is possible targets reaching to edge of the expanding channel. Short is where most profits can be...
Hey Traders, We have closed our GPB/USD trade from yesterday in profit. The reason for the close is that price action has twice rejected the 1.27000 level and we now await a break of this level to resume our buy bias. On another failed break we will consider selling at this level as buyers maybe exhausted and the market will need to drop before buyers re-enter....
I think NGAS hit rock bottom for now. Moving into the winter with chilli temperatures incoming and a perfect trend reversal setup (STOCHRSI and MACD) I think it is very likely we see NGAS reach $3.2 + within the next two weeks. Very crucial to whether this will occur as planned are the inventories which based on past data and future expectations should be as or...
There is a BULLISH BAT on USDJPY H1 timeframe with D leg completion at 111.740. Entry: 111.760 Stop: 111.250 Target 1: 112.880 Target 2: 113.600 This is how I trade a bat pattern. 1) Identify pattern completion point, D. 2) Place an entry order just above completion point. 3) Place stop loss around 10-15 pips below X. 4) Place profit target just below the 61.8%...
The uptrend of NGAS in the past week was a completely irrational move fueled by good news for oil. Other than that, inventories were slighly below forecasts and weather neutral. Furthemore, this rally is starting to experience exchaustion with huge spreads between bid and ask which leads to gaps--mostly to the downside. Thus, I believe that panic selling will...
Price has achieved our D1 Fibonaci extension. Price is back at our 0% fib acting as resistance turned support. If we se a break and retest on the counter trend line with bulish price action we could see price make its way back up to our D1 extension and hopfeully completing our D2 -61.8% fib. The weekly candle has closed as a weekly bearish candle we can take...
With the S&P500 making new highs on no basis and serious resistance appearing at new levels, along with STOCHRSI signaling extremely overbought and MACD begining to reverse, I would take a small short position at $2205 with a T.P. $2175
OPEC deal still fuels movement. We've denied breaking several supports today. 52.45 should be taken, if not today, on monday (bearing really bad news during the weekend).
Made a nice profit with the last move in the related ideas. It came up again and is likely looking to hit the mark shown on the chart allowing yet another brilliant entrance for the short. Red arrow doesn't predict exact time or price, only general direction for simplicity. Enjoy.
Being the cinical oil bear I am. I will be shorting USOIL after the huge downturn on Friday. All indicators are bearish with the STOCH RSI showing a lot of room for downside. Furthermore, I think Wall Street finally realized that OPEC is not willing to take initiative and will be shorting for the first time in months during the OPEC meeting at the end of November.
PAIR: USD/JPY TTF: 1HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
PAIR: AUD/USD TTF: 4HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
PAIR: EUR/USD TTF: 4HR TRADE: GARTLEY & BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
Friday I started selling my position in NGAS. Whilst I do expect further movement up, I think that there may be a possibility for some profit in the short side. That's because the upper BB did not seem to widen when the price reached it. This is a very common sign of NGAS reversing. Furthermore, the STOCH RSI look like not much upside is available. The MACD is...
It can go both ways but if it doesn't breakthrough the support line (Purple) then a buy will be in order around the 0.80116 levels till 0.80468 but if it breaks through the support. I will leave an order around 0.79873 levels and close around 0.79509.
Selling Opportunity - If it breaks through the trend line which has been around for 3 weeks. I will put a sell order around 0.9421 levels and hold it till it reaches the 0.618 Fibonacci levels.