Here is an example of a reversal pattern with the complete methodology Think of this trade as an “If-Then”. Weekly charts are used for the big picture. Trend, overbought/oversold and near support and resistance levels Daily is the trade signal … Read More
Getting your head out of the way
I was looking at a CADCHF long trade today and while the chart looked like a good setup, something did not feel right and I decided not to post it. Why did it not feel right? I have a chart … Read More
What is NOT tradeable?
One of the many secrets of trading is to find a something that is liquid and matches your time frame and risk tolerance. There are Forex pairs that require huge accounts and guts of steel to trade the, becuase they … Read More
EURAUD short trade
Here is the rational for this trade: The weekly has formed a double top with a nice short dynamic zone to the downside There is a divergence between the the MACD BB and price There are two short Dynamic Zones … Read More
EUR AUD Potential short
This is a potential trade as price has not closed into the trade area yet. There are two consecutive areas of Dynamic short Zones on the daily charts starting at 1.6180 +/- We have a divergence on the both the … Read More
AUD USD Short Trade
We have a potential short on the daily time frame of the AUD/USD pair. The weekly is still in a down trend The daily is showing a potential short setup with a greater than 1:1 reward risk ratio Price would … Read More
Example of a double bottom trade
This is a counter trend trade based on the weekly chart. Last week there was a hammer candle at an area of resistance. These are lower provability trades because we are going against the trend on all time frames. The … Read More
AUD JPY Weekly Long
Entry above 83.11 stop 80.41 1st Target 86.01 2nd Target 87.88
Weekly AUD CAD long trade
Here is a potential weekly trade. stop is below .97409 and target below 1.0010. Large swings in this pair.
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