This is a great example as we have a NR4 pattern, price is above the hourly moving average and the weekly trend is ultra strong. Our new FX Trend Bias tool also showed this as likely to explode as breakout showed the highest strength all day.
Archive for Trend
NR7 Inside Bar Drop
This is a great example of trading with the trend. Both weekly and monthly trend super weak, price is under the hourly moving average and then we have a NR7 ID pattern. You short upon low of range breakdown and price falls over 100 pips.
NR Breakout + Counter Trend Sell
This is a great example of our NR breakout system finding a 50 pip up move and our bread and butter counter trend system selling the high once upwards momentum fails at 4am EST. Price then continues down 110 pips.
Quad Trend Down in GBPJPY
The GBPJPY’s weekly and monthly trend down and price is finding support at hourly moving average at 3:30am EST. Once price breaks sell as FX Trend Bias is down before and this new tool is about 70%+ winning with this setup. Price then falls 100+ pips and later more.
Quad Trend + Trend Bias
This is a great sell at 4:30 when price breaks the hourly moving avg. Weekly trend down, monthly trend down, 1 hour trend down and our new FX Trend Bias shows nice weakness.
USDCHF NR7 IB breakout + Trading Sell Zone
In this example the weekly and monthly trend is up, price is above hourly MA and when price broke out of the NR7 inside bar pattern it exploded up about 100 pips. Look to exit trend trades at our Trading Sell Zone.
GBPUSD NR7 breakout + Trading Sell Zone
Great example of both our NR breakout going right to predicted high which was a great place to exit trade and flip short.
EURUSD NR7 Inside Bar Breakdown
Weekly and monthly trend down, price consolidating under hourly MA and when breakout happened trended down almost 100 pips.
NZDJPY NR7 Breakout + Weekly Trend Up
Weekly trend is up and price broke out over the NR7 bar high.
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