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Thought I saw an opportunity yesterday

I thought I saw a chance to climb the ranking of the trader contest yesterday
Yesterday I noticed that I was placed number 3 in the contest
and the number 2 only had 1 or 2 more points than me
I saw a chance to grab the second place
so I executed a couple of trades I had been looking at for a few days
but were a bit risky - but now was the time to take that risk
I went short GbpUsd and Gbp crosses, and long UsdChf above support
All my positions failed unfortunately, and I got out on time - with …
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GPB/USD Divergences on H4 and D1

GPB/USD has divergences on both H4 and D1, which is a perfect opportunity for selling this week.
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Convergence on GBP/USD

Convegence on GPB/USD on W1, which tells us that the Pound is rising in a long term after the huge fall.On the other hand, the Theresa May's speech about the relationships between Britain and the other EU countries is also reflecting well for the Pound.
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Potential Gartley pattern on GBP/USD

If the price reaches 1.24090 (127.2 Fibonacci level) or 1.24417 (161.8 Fibonacci level), a W will be formed. Wish you successful and profitable week!
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Gartley pattern on USD/CHF

I found a potential Gartley pattern on USD/CHF. I think the price will rise to the 127.20 level because it will bounce from the level of supply and then it will fall to the -27.00 blue Fibonacci level, so I believe it is a good opportunity for sell.
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XAGUSD head and shoulders pattern forming.

My bias is long with silver.
Here we can see a nice opportunity to join the rally.
A textbook inverse head and shoulders pattern forming.
Conservative entries above the neckline.
Details on chart.

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Crossroads of AUDCAD

AUDCAD Sell Limit and SellStop
Sell Limit : 0.9785 StopLoss : 0.9865
Sell Stop : 0.9720 StopLoss : 0.9765
TP 1 : 0.9710
TP 2 : 0.9685
TP 3 : 0.9630
TP 4 : 0.9560
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Order Flow Book Analysis and Webinar 12 of June

Greetings fellow traders,
As I write this article, BOE Governor Carney speeks and gives hopes of a rate increase sooner than expected in UK, therefore the Order Flow Book can change at any time with full speed as Stop Losses have been triggered in all GBP pairs (GBP/USD, GBP/AUD, GBP/NZD, GBP/JPY) in the last half of hour.
Also I see a lot of speculation on the USD/JPY pair ahead of the Monetary Policy Statement which is expected to remain the same as previous. After the bad data Today from the …
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ANABEVZ avatar
ANABEVZ 16 Ago

Мне нравится Ваш стиль ведения блога!
Профессионально, индивидуально и интересно!

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Trading Very Lower Time Frames - Noise or More Opportunities ?

I often read on numerous forums where retail traders are reluctant to trade very lower time frames (VLTF) such as 30 second, 1 minute, 3 minutes, 5 minutes charts etc. They often complain about unreliable price action and lot of noise on VLTF charts.
However, in my opinion only people who can't read price action thinks VLTF charts are noise. To the uneducated its noise, to the educated its valuable price action.
Moreover, many traders associate VLTF with scalps but it is not the case. If you hav
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kaled avatar
kaled 28 Dez

sir , I am struggling with 5 minutes charts , is Elliot waves true in this period

alifari avatar
alifari 29 Dez

I use supply, demand & support, resistance regardless of anytime frame I am trading. Although I don't use Elliot Wave, but I consider highs and lows to gauge impulsive and corrective move to identify whether sellers or buyers are in control.

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AUD/CHF -1000 pips Long Term Opportunity!



Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.8239

AUD/CHF pair after that large sell trend established a large support zone which was retested as can be seen in the chart bellow and failed to break lower.I finf this situatioan as a great hint to think of a trend reversal and a bullish large run up very soon.On the left side of the chart we can see a similar situation highli
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Metal_Mind avatar

UPDATE 1 : This prediction is totaly worng. The trend moved in the opposite direction regarding the predicted one .

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