GBP/USD 4hr trade set-up

Categories: Daily Technical Analysis Tips and Picks

Hi all!!! It has been really a long time…. a couple of months has came and gone, and yes, I am still here, still trading forex. I just took a couple of months off to re-educate my self on forex trading, been upgrading, how about you? It has been an eventful few months, my server […]

Hi all!!! It has been really a long time.... a couple of months has came and gone, and yes, I am still here, still trading forex. I just took a couple of months off to re-educate my self on forex trading, been upgrading, how about you? It has been an eventful few months, my server crashed and I got to migrate forex website to other server; as I am not very savvy with programming, it really took me some time to get ... Read More

USD/JPY trade set-up alert with Elliot wave count

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, I pocketed some 60+ pips on the trade set-up I sent out yesterday on EUR/USD Elliot wave counting on Symmetrical Triangle and Gartley pattern; good trade, no mess, it was clean. Here’s another trade set-up on USD/JPY. And again, just like the trade set-up that I blogged yesterday, it’s a Symmetrical Triangle pattern. […]

Hi Traders, I pocketed some 60+ pips on the trade set-up I sent out yesterday on EUR/USD Elliot wave counting on Symmetrical Triangle and Gartley pattern; good trade, no mess, it was clean. Here's another trade set-up on USD/JPY. And again, just like the trade set-up that I blogged yesterday, it's a Symmetrical Triangle pattern. Let's look at the H1 chart now..... Well, well, well..... you can see there are 2 Symmetrical Triangles here. A big one, and a smaller one forming, we ... Read More

EUR/USD trading set up

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, can you believe it? Dow Jones is down 777 pts !!!!! My oh  my, this is the greatest free fall in a day anyone has ever experienced.  I have posted something on my blog saying that Benanke and Paulson may not get his bazooka or bailout, and true enough, the bailout was not […]

Hi Traders, can you believe it? Dow Jones is down 777 pts !!!!! My oh  my, this is the greatest free fall in a day anyone has ever experienced.  I have posted something on my blog saying that Benanke and Paulson may not get his bazooka or bailout, and true enough, the bailout was not passed (click here to read my previous post comment on the bailout). To be honest, even if there is a bailout, the market would have fallen also, ... Read More

USD/CHF trade alert - Negative Divergence, Double Drives, Gartley and 150 Moving Average Convergence

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, Trade alert! If you want to squeeze some trades out of this boring market, here it is. Look at the usd/chf 60min chart.

You can look at the stochastics, it has a negative divergence going on. There are 2 levels of Double Drives, or it can be a gartley pattern on 1.0900 and 1.0960 […]

Hi Traders, Trade alert! If you want to squeeze some trades out of this boring market, here it is. Look at the usd/chf 60min chart. You can look at the stochastics, it has a negative divergence going on. There are 2 levels of Double Drives, or it can be a gartley pattern on 1.0900 and 1.0960 levels. Personally I would like the price to go to 1.0960 level as that will also converge with my 150MA. If you go to H4 chart, you ... Read More

Dow Jones going to rally?

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, have you seen the Dow Jones lately? Well just as I have wrote on my previous post, the Dow Jones formed a Head and Shoulders pattern on the weekly chart. And now, looks what has happened? Let’s take a look at the Dow Jones weekly chart…..

See what happens? The Dow Jones Index has […]

Hi Traders, have you seen the Dow Jones lately? Well just as I have wrote on my previous post, the Dow Jones formed a Head and Shoulders pattern on the weekly chart. And now, looks what has happened? Let's take a look at the Dow Jones weekly chart..... See what happens? The Dow Jones Index has completed it's Head and Shoulders formation, it is finished, it is done!!! So what's next? Is the Dow Jones going to rally? As traders, you will notice ... Read More

NZD/USD gartley pattern trading reversal

Categories: Daily Technical Analysis Tips and Picks

Hi Traders, Got some good news for all of you if you have listened to me carefully. Did you monitor the currency pair NZD/USD ? If you did, you would have made a 100 pips and be rewarded for your due diligence. If you have not, don’t worry, the forex market will always be there […]

Hi Traders, Got some good news for all of you if you have listened to me carefully. Did you monitor the currency pair NZD/USD ? If you did, you would have made a 100 pips and be rewarded for your due diligence. If you have not, don't worry, the forex market will always be there tomorrow and the day after. Lets look at the daily chart nzd/usd ..... Don't you thnk that is simply beautiful?! The price hit the gartley pattern where I ... Read More

Trade alert on USD/JPY H4 Chart

Categories: Daily Technical Analysis Tips and Picks

Hi Forex Traders, I am posting this to let you know that a trade set up may be presenting itself on USD/JPY H4 chart. See below…..

The price is retracing on a downtrend, I am still bearish and I think the downtrend is stil intact. There 2 levels which I will keep my eyes on […]

Hi Forex Traders, I am posting this to let you know that a trade set up may be presenting itself on USD/JPY H4 chart. See below..... The price is retracing on a downtrend, I am still bearish and I think the downtrend is stil intact. There 2 levels which I will keep my eyes on to sell this currency pair. It converge on my Gartley pattern. What ?! What is a Gartley pattern?! Well, it is part of a Fibonacci sequence which ... Read More