HERE ARE 2 GOOD REASONS TO GET LONG ON AUDUSD IN THE NEAR FUTURE BTW, THE $EURNZD PICK IS ALREADY +95 PIPS 🙂 AUDUSD D CHART BULLISH BUTTERFLY PATTERN THIS PATTERN HAS ALREADY HIT THE 38.2% HARMONIC RETRACEMENT. WE COULD POTENTIALLY SEE A MOVE ALL THE WAY UP TO THE NEXT TARGET AT 0.7170 FOLLOWING […]

Read more "$AUDUSD 2/2/16 SHORT-TERM BUYING OPPORTUNITY"

EURNZD D CHART THE RED BOX MARKS PREVIOUS STRUCTURE RESISTANCE. WE BROKE AND CLOSED ABOVE STRUCTURE ON 1/13/16, SO I WANT TO BUY THIS PAIR UNTIL IT BREAKS THE RECENT PIVOT LOW AT 1.6530. IT LOOKS LIKE PRICE IS PULLING BACK TO THE 1.6550 AREA TO RE-TEST THIS ZONE, WHERE WE WILL LIKELY SEE THE BUYERS STEP IN […]

Read more "$EURNZD 1/31/16 LONG-TERM BUYING OPPORTUNITY"

  I’LL BE HOLDING THIS TRADE OVER THE WEEKEND! IF YOU DON’T WANT THE OPEN RISK, WAIT UNTIL MONDAY TO LOOK FOR AN ENTRY NEAR THE RECOMMENDED PRICE. USDCAD 4HR CHART BULLISH GARTLEY PATTERN & PREVIOUS STRUCTURE RESISTANCE CONFLUENCE WITH KEY .786 RETRACEMENT AT 1.4000 STOP @ 1.3925, ENTRY @ 1.4025, TP @ 1.4395  99 PIPS […]

Read more "$USDCAD 1/29/16 LONG-TERM BUYING OPPORTUNITY"

HERE WE GO! TWO GOOD REASONS TO GET LONG ON $GBPUSD, ALMOST EXACTLY THE SAME SETUP AS THE GBPJPY TRADE (CURRENTLY +300 PIPS), JUST A SLIGHTLY DIFFERENT LONG-TERM PATTERN. GBPUSD D CHART BULLISH CRAB PATTERN GBPUSD 4HR CHART INVERTED HEAD & SHOULDER PATTERN I CAN SEE THIS MARKET MOVING UP TO 1.4800 (400 PIPS) BY […]

Read more "$GBPUSD 1/29/16 LONG-TERM BUYING OPPORTUNITY"

GBPJPY D CHART BULLISH BUTTERFLY PATTERN GBPJPY 4HR CHART INVERTED HEAD & SHOULDER PATTERN THE BUTTERYFLY 0.382 TARGET IS IN ALMOST PERFECT CONFLUENCE WITH A 200% FIB EXTENSION FROM THE BASIC PATTERN.  SL @ 168.50, ENTRY @ 170.63, TP @ 175.75 208 PIPS : 517 PIPS (RISK : REWARD) DISCLAIMER: Trade these setups at your […]

Read more "$GBPJPY 1/28/16 LONG-TERM BUYING OPPORTUNITY"

HERE’S A QUICK UPDATE REGARDING THE $EURJPY LONG-TERM TRADE OPPORTUNITY THAT WAS POSTED THE OTHER DAY. $EURJPY has made a nice move to the upside following the trendline resistance break seen on the 4HR chart and is currently +100 pips. It’s currently 1:15pm EST.. the FOMC Meeting and Interest Rate Decision will happen in the […]

Read more "PRE -FOMC MEETING / IR DECISION UPDATE 1/27/16"

USDJPY 1HR CHART USDJPY 15M CHART BULLISH GARTLEY PATTERN ANOTHER LONG-TERM BULLISH PATTERN ON THE DAILY CHART MAKES ME THINK WE ARE HEADED UP TO 119.80 PRICE AREA IN THE NEXT WEEK OR TWO, SO I LIKE THIS SHORT-TERM BULLISH SETUP (15M CHART) COMING OFF OF PREVIOUS RESISTANCE THAT SHOULD NOW ACT AS SUPPORT (1HR CHART). […]

Read more "$USDJPY 1/26/16 SHORT-TERM BUYING OPPORTUNITY"

HERE ARE 2 GREAT REASONS TO GET LONG ON EURJPY EURJPY 4HR CHART BREAK AND CLOSE ABOVE RECENT TRENDLINE RESISTANCE (BLACK DOTTED LINE), TELLING ME THAT THE SELLERS ARE FAILING AND THE BUYERS ARE TRYING TO TAKE CONTROL OF THE MARKET. EURJPY D CHART BULLISH BAT PATTERN PRICE HAS BEEN TRENDING DOWN (LOWER LOWS, LOWER […]

Read more "$EURJPY 1/25/16 LONG-TERM BUYING OPPORTUNITY"

GBPJPY 1HR CHART BEARISH CYPHER PATTERN THE BEARISH BAT PATTERN YESTERDAY WAS STOPPED OUT, BUT I LIKE THE SETUP HERE. THE TREND OVER THE RECENT WEEKS IS DOWN, BUT WE DID JUST BREAK THE RECENT STRUCTURE HIGH (TOP OF YELLOW RECTANGLE), SO I’M LOOKING TO TAKE PROFIT SLIGHTLY ABOVE 168.00. WHEN I SEE A CANDLE CLOSE […]

Read more "$GBPJPY 1/22/16 SHORT-TERM SELLING OPPORTUNITY"

EURUSD D CHART PRICE IS CURRENTLY TRADING IN THE [CD] LEG OF A BULLISH GARTLEY PATTERN. I’M LOOKING TO BUY BACK UP TO 1.1000 IF AND WHEN WE STABILIZE AROUND 1.0635. THIS MUCH PRICE ACTION LIKELY WILL NOT HAPPEN UNTIL NEXT WEEK! MAJOR STRUCTURE SUPPORT @ 1.0500 MINOR STRUCTURE RESISTANCE @ 1.1025 MAJOR STRUCTURE RESISTANCE […]

Read more "$EURUSD 1/21/16 LONG-TERM OUTLOOK"