Man Vrs Market.

profitsniper

Trader
Jun 8, 2013
21
0
22
UK
Might see a really nice fall on EURGBP to .84

This is a strong support area and a good place to buy.

SL .82 and TP .88
 

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profitsniper

Trader
Jun 8, 2013
21
0
22
UK
Potential Bullish Gartley.

Potentially Gartley pattern coming up.

Bullish AUDNZD.

I am not 100% sure if I will trade this, I may wait for bullish confirmation, or trade it in reduced lot sizes since it does not fit with my ideals (you need to use wicks rather than closed candles for this to be a valid pattern - by my definition)

Still, worth watching.

Enter price (Green line), stop and profit targets marked on chart. (stop slightly lower, maybe 5-10 pips, I just could not fit that on the chart)

Trade at your own risk.
 

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profitsniper

Trader
Jun 8, 2013
21
0
22
UK
Bearish Gartley

Took a few positions on this one last week.

Stop has to be very big on this one, and spread is very high, not one for everyone.

Trade at your own risk and make sure you are cautious with your lot sizes.

USD/SEK

Pattern Bearish Gartly

Time Frame - Weekly.

I am taking this trade now, sell 6.5528

SL 6.654 (1000 pips)

TP 6.6500 (3000 pips) I have since moved my stop due to Friday's NFP exposure, but I may move it back to where it was if the weekly low does not break.
 

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profitsniper

Trader
Jun 8, 2013
21
0
22
UK
Took a few positions on this one last week.

Stop has to be very big on this one, and spread is very high, not one for everyone.

Trade at your own risk and make sure you are cautious with your lot sizes.

USD/SEK

Pattern Bearish Gartly

Time Frame - Weekly.

I am taking this trade now, sell 6.5528

SL 6.654 (1000 pips)

TP 6.6500 (3000 pips) I have since moved my stop due to Friday's NFP exposure, but I may move it back to where it was if the weekly low does not break.


Now seen a bearish breakout on this on the daily chart and is running a couple 100 pips or so up.

Couple 100 pips on this pair is nothing really to write home about (and only 10% of our target) but the break out and close is a promising sign.
 

profitsniper

Trader
Jun 8, 2013
21
0
22
UK
Potentially Gartley pattern coming up.

Bullish AUDNZD.

I am not 100% sure if I will trade this, I may wait for bullish confirmation, or trade it in reduced lot sizes since it does not fit with my ideals (you need to use wicks rather than closed candles for this to be a valid pattern - by my definition)

Still, worth watching.

Enter price (Green line), stop and profit targets marked on chart. (stop slightly lower, maybe 5-10 pips, I just could not fit that on the chart)

Trade at your own risk.

Just noticed the picture on this was very low quality, sorry about that.

Anyway, this trade triggered and as expected price rose from it.

Have to drop down to the 4 chart to see it since price was sharply rejected on target 2.

Shade over 80 pips profit potential here.

If you want to discuss trade in real time with me, you can find me on skype most days @ profitsniper
 

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profitsniper

Trader
Jun 8, 2013
21
0
22
UK
BUY NZDJPY

Inverted Head&Shoulders signals potential switch in the down trend in NZDJPY.

Targets and stops on chart.
 

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reaneyts

Trader
Nov 28, 2013
13
0
12
forexreviewjournal.com
According to recent survey of buy-side traders, current algorithmic usage is about 20% of respondents’ activity, but many expect that to increase over the next year.