Trade of the Month

We have a very nice opportunity right now on CADJPY.

Be long:
@ 90.90
SL 90.39
TP 96.89

This is the forth time I see this pattern. It always gives impressive results.

Anyway the Risk/Reward is almost 1/12

Good luck.

I have just checked weekly and monthly chart... they look so bearish... maybe not a good idea to enter long! o_O

CrazyTrader posted:
We have a very nice opportunity right now on CADJPY.

Be long:
@ 90.90
SL 90.39
TP 96.89

This is the forth time I see this pattern. It always gives impressive results.

Anyway the Risk/Reward is almost 1/12

Good luck.

sorry pal but your accounts do not indicate to follow your tip;)

Never look at an account to follow a trade. (Account n°3 opened 2 long CADJPY)

By the way these 3 accounts don't look that bad... EAs are still being developping and they will rock pretty soon. : )

CrazyTrader posted:

This is the forth time I see this pattern. It always gives impressive results.

.

Well It works... half way to first target. (current price 92,20)

Manual trading is dead. Why?
As you enter and exit the trade strictly based on specified rules.
EA can monitor trades 24/5 and do exactly the same and without any emotions.

Well... I do agree with you and my strategies are currently being coded.

EAs are not 100% finished but they are already tested on demo for the moment. This long trade has been opened by EA and so monitoring by it.

My point here... it's simply to show a pattern that nobody talks about. From the past, same previous pattern produced massive pips from 1000 to 2000 pips!!!

The pattern just happened right now on CADJPY... so to prove it's working... I comment it in real time.

Im just surprised nobody asked... what is this such undiscovered pattern? o_O

This is part of Forex conspiracy... they use code... but I got it now!

Ps: I can show previous pattern!!!

@CrazyTrader when you say 'it happened right now on CADJPY' what pattern are you talking about ? is it a short or a long ?

This is a Long Pattern.

In fact it looks like a kind of Harmonics if you are familliar to them.... a bit ugly because I guess it doesn't respect Fib retracement (X, A, B, C, D)

I prefer to call this pattern like the subliminal letter it draws on Market. Don't you see a 'M' ?

It's a specific 'M':
Right Shoulder is above Left Shoulder
Base left and right are just below Center Point



That means the market is about to be really BULLISH.

While we get fat eating McDo... those how knew this coded hidden pattern got a fatter wallet!!!

Enjoy the Forex Conspiracy...

Let's be serious...

This the 'M' of MoMentuM.

CADJPY = 92.60

In case you wonder why NZDUSD is so bullish and 91% traders are short?



https://www.myfxbook.com/forex-charts/NZDUSD,D1/5606

Yes I do and I have read about the M pattern before by another senior trader

what is your 1st target for this kind of patter?

does it work reversed as bearish ?

ChouMaKen posted:
Yes I do and I have read about the M pattern before by another senior trader

what is your 1st target for this kind of patter?

does it work reversed as bearish ?

Please provide me the link about the M pattern this could be interesting.

First TP (93.50 area) is the roof of the M (like the screen shot page1: you can see TP1 & TP2)

I guess the W works for the bearish outlook.

=> M & W are just kind of Head & Shoulder Pattern.

Hello, Crazy Trader! Very good pattern! But one thing! Price is under 200 EMA!

mikkk posted:
Hello, Crazy Trader! Very good pattern! But one thing! Price is under 200 EMA!

I'm almost sure this set up is gonna work: ('M' Pattern + My own pattern = double confirmation)

This week, CAD will be driven by the news on friday:



Let's wait...

What is your own pattern?

mikkk posted:
What is your own pattern?

I can't tell you about... but it's very accurate as you can see it's impossible to buy lower.

10 pips away from TP1