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

Live trade on USD/JPY yen pair

Categories: Daily Technical Analysis Tips and Picks

Fresh from the oven. Just traded this USD/JPY yen pair again! I have said in my previous post to short this pair. It is on a strong downtrend on the daily chart. I shorted this on a 15min chart again. Made another 40 pips, that’s 80 pips in a day! Look for trend, wait […]

Fresh from the oven. Just traded this USD/JPY yen pair again! I have said in my previous post to short this pair. It is on a strong downtrend on the daily chart. I shorted this on a 15min chart again. Made another 40 pips, that's 80 pips in a day! Look for trend, wait for negative divergence on RSI, you can also see spinning top candlesticks in a straight line, it is a major indecision. Since it is on a strong ... Read More

USD/JPY downtrend live daytrade

Categories: Daily Technical Analysis Tips and Picks

It will be crazy if you don’t trade USD/JPY pair. Look at the daily chart, it is on a very strong downtrend! Then go down to the 15min chart (see above). When you find any retracements, just short it. Look for signals for confirmation, like the way I traded this pair. Negative divergence on RSI […]

It will be crazy if you don't trade USD/JPY pair. Look at the daily chart, it is on a very strong downtrend! Then go down to the 15min chart (see above). When you find any retracements, just short it. Look for signals for confirmation, like the way I traded this pair. Negative divergence on RSI and Stochastic, accompanied by a strong rejection candlestick. Just Trade It! Look for major trends like this yen pair, follow the trend, wait for a retracement, look ... Read More