Hello traders, This is Ahmed from Pro Trading University. I tried to short this pair yesterday based on a trend following play, but that didn't work out. I am shorting it again right now based on a cypher pattern. In trading, it will really help if you have a short term memory, lol. I mean you might want to skip this trade because just 1 day ago you tried to...
Check out the Cypher rules: www.youtube.com This is my most popular video so far, enjoy :) I tried to short this pair yesterday based on a trend following play. That didn't work. So, will this work out? Let's wait and see. Targets goes at the 38.2% & 61.8% fib. retracements of the CD move of the Bat. Stop loss goes beyond X by the ATR of the entry candle of the...
A lot of traders asked me how do I calculate my stop losses: www.youtube.com check out that video, I explain in it how I calculate my stop loss.
Hey there traders, this is Ahmed from Pro Trading University, Everything is explained in the chart except the stop loss & targets. The stop loss goes 10 pips above the previous cycle high. Initial target comes at previous structure (the bottom of the double top). And no, the head & shoulder doesn't have to do anything with my entry, I just felt like drawing a man :)
I am curious of what you think about this trade? Be eying it you might see a bullish trend, the market had been going up strong. However, when we examine the technicality of the most recent move, we determine that the market is bearish. We at Pro Trading University entered the market in a shorting position. So, I am curious, would you call this a trend...
Hey traders, This is Ahmed the founder of Pro Trading University, I am going to short this market once it hits the red level. The trend is bearish. I know this after we closed below the previous cycle low. I think I did a good job in explaining my thought process in the chart. Please ask me any question, I will be happy to answer them as I will be staying here in...
www.youtube.com Hello traders, Ahmed is here, I just did and educational video explaining different ways of calculating targets: www.youtube.com As far as this idea, like you see we have 3 different advanced patterns: Gartley, Cypher and a Bat. If you are interested in the rules of these patterns then check out my youtube channel. Please ask me your...
The VIDEO: www.youtube.com Twitter: twitter.com Hello again traders. This might be the last video I do about advanced patterns so make sure that you enjoy every second of it, lol. Also, I want you to know that I am not going to take this trade simply because I want to stay away from the CHF pairs for a while.
Watch my educational video here: www.youtube.com Follow me on twitter: twitter.com I recorded this video this morning but then I had a suprising career changing opportunity (I got a chance to pitch my self to TDAmeritrae :) And that's why I am uploading this video late in the night. It's 2:00 am right now. I hope you enjoy the video and learn something new.
This is my first structure analysis published. Wanted to share with you guys something other than advanced patterns. The market is heavily bearish. Now we are revisiting previous resistance. This is a good place to hop in the trend. We also have fib. confluence at this level. The risk reward is appealing so I will personally take this trade. Let me know what do...
Please watch this explanatory video : www.youtube.com In this little educational video you will know my rules for trading the Cypher pattern in a simple and clear way. Then, I will show you two live pending Cyphers on GBPJPY, hourly time frame. Notice that I didn't go over the targets and stops in this video; I will cover them in a later video. I will see how...
Please watch this explanatory video : www.youtube.com In this little educational video you will know my rules for trading the Bat pattern in a simple and clear way. Then, I will show you a live pending Bat pattern on EURCAD, hourly time frame. Notice that I didn't go over the targets and stops in this video; I will cover them in a later video. I will see how...
As usual with the cypher patterns, not great risk reward ratio. However, the high success probability of the cypher makes it worth taking the trade.