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  • #81
  • Apr 13, 2018 6:27am Apr 13, 2018 6:27am
Well guys a hell of a week, no losses and pure profit as you can see all patterns don’t work out I was long for NZDJPY but I didn’t get in because my pattern didint play out it still ended up long but it wasn’t the set up I wanted so I stayed out of the trade everything you see I shown you before during and after.
Hopefully more to come next week when the markets go back to normal keep any eye on that watchlist
GBPCHF rising wedge looks like it won’t play out but because we didn’t just blindly jump into the trade and looked for our pattern to break we still have no losses!
  • #82
  • Apr 13, 2018 7:22am Apr 13, 2018 7:22am
AJ keep and eye on it AUD pairs seems to be getting stronger
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  • #83
  • Apr 13, 2018 12:17pm Apr 13, 2018 12:17pm
AUDCAD
target 1 pretty much hit
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  • #84
  • Apr 14, 2018 6:16am Apr 14, 2018 6:16am
EU
Still bigger our look that descending triangle to downside
(triangles can break either way)

H&S pattern set up, wait for a break of neckline,followed by a weak pull back to the neckline then catch down move as a safe entry.

Agressive entry-entry taken on open of the next candle after previous candle closes below neckline.
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  • #85
  • Apr 16, 2018 2:14am Apr 16, 2018 2:14am
A lot of speculation against Pound we seen some bull sign and some bear signs, if price can’t break this resistance then my tripple top should play out if that’s the case here is what I foresee happening for a short.
1-2-3 set up
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  • #86
  • Apr 16, 2018 2:43am Apr 16, 2018 2:43am
GJ is abit of a weird one I’m staying out of this pair for the minute but if you see on the weekly it’s creating what’s known as a broadening top now these can break to either side but the upside is more favoured in a Broadening top rather than broadening bottom, the difference between the two is how price lead into the patter a Top should be lead in from a down trend and vice versa for the bottom. For now I’m out of GJ unless a see a clear set up on a smaller time frame, usually when I struggle to see patterns on 4 hour or daily I’ll move to weekly to see what looks to be setting up and I’ll wait.
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  • #87
  • Apr 16, 2018 3:00am Apr 16, 2018 3:00am
GBPCHF
Have this rising wedge not sure if I posted this previously but looking back at the charts it’s bigger than I previously drew which means more downside potential here’s what I see T1 and T2 are targets
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  • #88
  • Apr 16, 2018 3:11am Apr 16, 2018 3:11am
EJ
Im bullish on this pair..
however could we catch a counter trend move???

so we had the ascending triangle break last week and pretty much hit target, we also had the 1-2-3 trend change (look back to refresh) looking at my charts what can I see well price needs to correct from its bullish leg last week here’s what could play out and what I’m lookin for inverted H&S with a test of the lows before move up.

Again I’m not saying this will happen this is simply what I’m looking for I’ll change sentiment as price updates
dont be afraid to be wrong.
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  • #89
  • Apr 16, 2018 3:13am Apr 16, 2018 3:13am
EURCHF no change from last week.
looking for a break of the rising wedge.
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  • #90
  • Apr 16, 2018 3:14am Apr 16, 2018 3:14am
EURAUD
no change from last week
(I’ve taken a long to try and catch a move to the upside within the pattern)
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  • #91
  • Apr 16, 2018 3:16am Apr 16, 2018 3:16am
AUDJPY
ive taken a short here as price looks to be struggling to break that resistance, again this would support my bias for a move down to create the Right shoulder for a bullish move up.
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  • #92
  • Apr 16, 2018 3:24am Apr 16, 2018 3:24am
AUDCHF
2 ways I see this playin out.
we have in the first chart the Eve and potential Adam top.
(double top) which would then create a tripple bottom in order to accumulate price to propel up to close that Gap in the W

or we simply close that gap now however I can’t see price shooting up like that just yet given my sentiment on other CHF pairs is sell.
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  • #93
  • Apr 16, 2018 3:29am Apr 16, 2018 3:29am
AUDUSD we had that 3 rising valley set up for the long.
Well what I’ve also noticed last night was this Descending wedge that’s forming too which would give extra confluence for our rising valley. Targets for the wedge come in right at that rising valley neck line.
(short at the minute on this pair trying to catch move down to opposite side of the wedge)

Bullish in the long run.
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  • #94
  • Apr 16, 2018 8:10am Apr 16, 2018 8:10am
Quoting Bones
If it is no way can cable high hold see if we can get out of that to the upside which is in line with monthly {quote}
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #95
  • Edited 8:39am Apr 16, 2018 8:18am | Edited 8:39am
the high won't hold ,
the last high is too short off the top, this is rules as I see it
price has proven that right
double top on AU right now ,still no confirmation to be fair
but I agree AU bullish right now
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #96
  • Apr 16, 2018 8:29am Apr 16, 2018 8:29am
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #97
  • Apr 16, 2018 9:18am Apr 16, 2018 9:18am
Quoting Bones
{quote} {image}
You Posted this one before didint you mate see
how it played out I had 3 options for GU.

Tried to be abit clever today and trade the movements within side the the patterns like AU has a bullish descending wedge I’ve took a few shorts as I don’t think she’s ready to shoot on up yet.

nice too see the chart patterns and though makes things sommuch clearer there everywhere keep
it up mate!!
  • #98
  • Apr 16, 2018 5:13pm Apr 16, 2018 5:13pm
Well I could KICK myself for not seeing this pattern sooner but now that the resistance level is broken the cup pattern brings in targets close to 1.48.

looking for a pull back to that break out point followed by cup pattern target up to 1.48 ish
And well at least it’s been recognised at the confirmation level of the cup which provides great opportunity
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  • #99
  • Apr 16, 2018 5:14pm Apr 16, 2018 5:14pm
Hi Niel
I already said I'm super impressed by some aspects of your approach definitely I can pick some tips up ,I'm going to go along and see if your patterns work out in the grander scheme
I'm arguing them now but that's debate ,
I posted it before but now it went on to confirm GBP is in a uptrend ,yes 3 options my point is there was never going to be triple top at that height which is why it failed ,you accept it doesn't meet the rules ?
also say this wedge you two say failed ,it's better to correct yourself it's not in a downtrend at that point and not flag pattern two parallel lines


Quoting Neil0163
{quote} You Posted this one before didint you mate see how it played out I had 3 options for GU. Tried to be abit clever today and trade the movements within side the the patterns like AU has a bullish descending wedge I’ve took a few shorts as I don’t think she’s ready to shoot on up yet. nice too see the chart patterns and though makes things sommuch clearer there everywhere keep it up mate!!
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #100
  • Apr 16, 2018 5:28pm Apr 16, 2018 5:28pm
Quoting Bones
Hi Niel I already said I'm super impressed by some aspects of your approach definitely I can pick some tips up ,I'm going to go along and see if your patterns work out in the grander scheme I'm arguing them now but that's debate , I posted it before but now it went on to confirm GBP is in a uptrend ,yes 3 options my point is there was never going to be triple top at that height which is why it failed ,you accept it doesn't meet the rules ? also say this wedge you two say failed ,it's better to correct yourself it's not in a downtrend...
yup i completely agree buddy that’s why I make this journal I post my ideas up and well if they don’t work out they don’t work out. I’ll keep my post up as it shows me why and where things went wrong as well as showing others so they can learn! In a way I’ve kicked my self for not seeing the Cup pattern on the GU sooner!!! But we’ve caught it at the confirmation point at last minute so I suppose that’s not too bad!

I appreciate your input to this thread mate. 2 sets of eyes are better than 1 you’ll see things I miss!
Keep it going mate
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