Flushing finale for aussie longists?

Some trading opportunities near the fresh aussie low, could this be the final flushing for the aussie longists before it goes north?

Harmonic trading during consolidation period

Usually harmonic setup is pretty abundant in volatile pairs like GBPNZD during consolidation period. This is a good example.

Could it be a temporary top there?

I would like to think this bearish Cypher pattern on GBPAUD marks a temporary top for this run from few weeks back.

Highlight of the harmonics community

I have seen quite a number of harmonics trader eyeing to place a short for this bearish Bat setup in EURUSD. It is now trading near the entry, you may want to keep a lookout for. Good luck.

NZDCHF / GBPNZD will the trend resume?

NZD has been winning the day so far, the underlying trend may take over while it takes a break, perhaps later today? we shall see, good luck trading.

 

 

AUDJPY bearish Gartley at minor resistance

AUDJPY is facing 50% retracement from nov low to high and a bearish Gartley pattern. Looking for completion near X.

Small USDJPY bearish Cypher but potentially Double Tops

A small bearish cypher that potentially leads to a Double Tops play. You decide.

Not the nicest pattern out there but...

The Bat setups might be hinting a reduction in strength of EUR and CHF against CAD.  These aren't the nicest pattern out there but they are still valid pattern. I would be careful as USDCAD seems like it is trying to break upwards.

Do you BAMM?

If you are an aggressive trader and can't sit still waiting for EURUSD to hit the bearish Bat entry, you may want to trade the BAMM - Bat Action Magnet Move for the CD leg. Trade with care.

NZDUSD A bullish Cypher after a shoulder injury

A previous head & shoulders pattern has turned sour and took me out slightly below the neckline, and a back-to-back counter-trend bullish Cypher has come to the entry price level. I would be cautious on this trade and protecting my capital comes first after it moves.

NZDUSD - inverse Head & Shoulders pattern

Possible inverse Head & Shoulders pattern on 1h chart

EURJPY bullish Gartley quick play

a 15m small bullish Gartley on EURJPY for a quick play.

USDCAD textbook shooting star at classic R on top of a bearish Gartley

Well it seems like we have got "The Convergence", textbook shooting star, classic Resistance, divergence in RSI and rejected by a bearish Gartley x. While I am fighting with my inner contrarian saying "what seems too good to be true usually is too good to be true", on the other hand I think USDCAD is an honest chap, when it displays its weakness it will usually go down (taking its own sweet time though). Having say that, I would not jump straight into it, rather I would wait for consolidation slightly below X and let some buyers' rage eases before considering to enter.

Two-way setups for EURUSD

I can't say these setups will corner EURUSD into one of the entries we've got here as there is still room for it to maneuver sideway until both entries got invalidated; I will be watching patiently if it falls into any of the entries next week.

EURNZD classic Gartley touched the entry

EURNZD bearish Gartley tested the entry last Friday, but chances are it may test entry again some time next week (given the weakness in NZD) if you still want to participate in the pattern, be patient.

Aint afraid of triple top nor standing under a waterfall? Watch NZDCHF

Check out NZDCHF bull Gartley eyeing completion around X. Be cautious on the momentum though, good luck trading :) Have a nice weekends!

USDCAD bearish Gartley at classic R

A bearish Gartley within a bearish Gartley, price is bumping the PRZ with strong momentum, enter gently on this, good luck!

Gold dropping to a Gartley entry

Gold price may be coming into a bullish Gartley entry at round number USD1200, stay tuned. Good luck trading.

USDJPY Bearish setup one after another

USDJPY has been trading strongly upwards in the past 1 month, price kept pushing higher and pierced through the PRZ of several bearish patterns, leaving harmonics traders with a bit of frustration.
However the price is still below the x of a bigger bearish Bat and Cypher (which means the patterns are still valid), there is a small bearish Butterfly coming, aggressive traders might want to take an entry near the entrance of Butterfly PRZ otherwise 100.8 would be a safer entry. I do not normally trade Butterfly but doesnt mean you don't :) Good luck trading out there.

Short opportunies for GBP against the yield currencies

As of now, the price is testing x for GBPNZD bearish Gartley and 88.6 Fibo level of GBPAUD bearish Cypher, if the current candle doesnt break the level we might have some nice setups here. On top of that NZDUSD also has a bullish Bat. Take care.

 

Updated: x held its ground for now, might be worth a shot as the current R:R is quite good.

GBPAUD - for those who trades 2618

A classic 2618 pattern is currently happening on GBPAUD daily, the pattern is not tiny (so does the stoploss), just be extra cautious with the movement of GBPAUD, this beast can run around and tearing stoplosses apart if you are standing too closely. Watch entry around the 1.714-1.718 zone and good luck on your trading.

AUDCHF has a small bull bat at trendline support

This is a petite AUDCHF bull bat for a quickie. Entry around 0.8547.
Good luck out there!

A juvenile bearish Bat on USDCAD forming in the PRZ of a mother bearish Bat/Gartley pattern

For those who missed the earlier entry for a Gartley/Bat double pattern, a small bearish bat spotted with entry around 1.0504-1.0508. Do have a look. Good luck trading.

EURGBP Bearish Bat

There is a bearish bat on EURGBP coming with PRZ around 0.856 level.

GBPCHF, NZDUSD and NZDCHF patterns

Following my post on NZDCHF
http://fxcology.blogspot.sg/2013/11/swissie-has-been-strong-so-far.html

There are some confluences of patterns in the correlated pairs GBPCHF and NZDUSD as well. Am watching closely to the NZDCHF level mentioned earlier.

 





Swissie has been strong so far

 

A bearish Bat pattern on NZDCHF spotted on the hourly chart, I am keeping a close eyes on 0.772 area.

 

 

Will CHFJPY stand out amongst its Yen peers?

There are several harmonics patterns happening for the Yen pairs, of which ChfJpy (Bearish Cypher) looks slightly more shinny than its peers. Coming soon..

 

updated: CHFJPY staged a breakout and invalidated the pattern.

Restarting my public blogging

Been trading for years and private blogging for my own trading records, I reckon it is time to share my trading ideas with people, I hope we can learn together by sharing and exchanging thoughts. Good luck trading out there fellow traders!