Nice bullish hammer CandleStick Signal this morning on the daily leading us into at least 100 pips ! Analyis of this pattern using the Traders Edge shows that this pattern on the 1 day chart is worth at least 100 pips which is where we are now .
This is looking like a bearish pennant so for today look to go short either at B on a failed test of the 1.3550 area or short on a break of A . If we break B then look for the break to be sustained before going long. If you are looking for a long […]
Going to be watching 4 places today . Primarily C and D at first . So watch for either short positions on a sustained break of D just under 1.35 or long positions on a sustained break of C 1.3550. Also look for shorts down from either B or A if we get a shoot […]
Going to be watching the points marked A and B today and the sloping uptrend line. Looking for long positions from A with a candlestick signal up to 1.36 or a sustained break of 1.35 back down to below 1.34. At B , 1.36, look for resistance here to grab a short position back down […]
Nice candlestick earlier on today on the 30 min chart which hopefully got you into trade just above the 1.3750 as spoken about yesterday. So: for today We have 3 possible places to watch here .A at 1.35 ; watch here for support to take longs back up on a nice candlestick alert and of […]
Today watch for either a break of the longer term 4H trendline at A or that trendline acting as resistance. Level will probably be 1.3750 so go short or a failure to break and a candlestick signal , or long on a sustained break ( price breaks and then fails to break back down) also […]
Hopefully everyone got in on Mondays analysis and used the candle stick signal which happened on the C resistance line marked on chart. Anyway onto today : Watch out for a similar setup but this time also watch for a sustained break of the C or Sloping B line to go long . To go […]
Because of the gap at market open I wanted to wait a bit to see where we are a little for today. So we have 3 levels of resistance on the chart AB and C . I would be looking for shorts down from any of these areas . It would be nice to get […]
Below is an example of part of what you get in your members package . Members GBPUSD analysis for today was to go long off trendline support. Then get in on a Candlestick signal . The picture shows you exact analysis on the past candlesticks . This gives you nice accurate stop loss and take […]
Had a nice candlestick earlier today to get you into a trade with a long off the channel line and today taking away the spike I’m still seeing a channel there. Now the top B line could right now be turning into some sort of support however I’m not too keen for a long from […]