GCHF SHORT SIGNAL

GBPCHF ANALYSIS

Daily: we had a gartley signal which indicates trend continuation, also had ab=cd1.618 and now price is at 38.2 of the present swing with weekly R.

4HR: events unfolding on this time frame is very nice and . looking at the chart, we can clearly see how two patterns converge at same point. having bearish Butterfly and Bat at the same place indicates possible price projection

presently, price bull have scored a point(creating a HH) with Long time TL and R acting as resistance............ that could be B retracement for the patterns in question and also an indication of possible Bull crown.

UJ Possible BAT at resistance

The daily bearish channel in UJ is intact and dictating the trend nicely. price hitting the bottom channel with those tweezers signalled bullish move and the break of the inner TL confirmed the bullish run.

the 4hr gave a crown entry earlier and the tgt of the crown will signal a bearish BAT setup. even if price doesnt get to 92.0 before retracing, the bounce of the TL around support shd give bullish entry.

IS NZDUSD READY FOR A 200PIPS DROP?

Daily TF: Divergence spotted on daily TF around R. this tells me a possible bearish run to next support as indicated on the chart.



1hr TF: Bullish channel broken with the next low taken out, this confirm my shift in bias to bear, tentatively on this pair............... we watch out for a retracement to the back of the TL and short to the daily support line.

price might form a bearish crown or might just drop. but i will wait for a pull back

nice aussie run

another nice catch!
1-2-3 break out strat

eurjpy trade UPdate

was a lost trade............. -55pips!

here is a trade i post in another forum http://www.forexfactory.com/showpost.php?p=3143321&postcount=1754

Not too well to trade but will post if i see any good setup

eurjpy short

Sequel to the earlier post on eurjpy, eurjpy hit the Price potential zone and turning. i waited to get in from 15m TF to get better R:R

http://i35.tinypic.com/jrxz6p.gif