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Technical Analysis Forex Trade EURUSD 1,370 Pip Long

Using Forex Chart Patterns and other Forexmospherian Trading Techniques like JBCB, CBA and FPA

Technical Analysis M5 latest Entry Descending Triangle Breakout Trade below

M15 Entry 11th Jan 2018 Descending Triangle Breakout Trade

Current D1 Breaks Bull Flag with MC and the chance to Long again.

Entry as highlighted on charts denoted in blue triangle and holding the current position.

 

 

Previously on Forexmospherians.com :

The following Live Market Analysis was posted in the backlink Forex Behind Enemy Lines here at Forexmospherians.com and so please review the technical analysis there, along with some interesting Forex Forum Facts about where Forexmospherians used to trade. However, I thought these EURUSD charts and Forex techs should be posted in this new blog as this placement would make it easier to find and read. The analysis may also be of use to others wanting to see and hear about how trades like this are taken. Risk appetite plays an important part and whether to set a target or simply raise stops ultra slowly and let the market decide when we finish the trade. Quick trades are exactly that and we raise the stops quickly as in scalping. However, if a traders wants to see whether their analysis for something bigger in the market is correct then a different approach to exit is needed. Actually the entire strategy of long to mid term trading needs to be different than short term scalping and is a whole other Forex post.

So uploaded here on the 13th Jan 2018 are the charts when this EURUSD Trade was only 18 pips Long and the Analysis which followed.

Worth noting the actual FIRST trade entry was late evening on 15th May 2017:

 16th May 2017 EURUSD M1 entry long currently triggered, hold 18 pip with S/L now at B/E. 1.1000 seems to be the M.A.R.K. here as 3T forms off this BP.

M5 - INV lifts the bottom and breaks channel, Narrow Rising Channel Breaks as an MC, Bull flag forms with a Narrow sideways decline channel, breaks long for trigger entry. Using ISSL for initial stop loss now at B/E with 18 pips on the table.

Suggest checking M5 settings for BP here and so will look for the market to hold.

16th May 2017 EURUSD current Hold 97 pips Long and hope the alert and charts arrived in good T.I.M.E.

Current Forexmospherian Currency Kraken, as above, so below 

CBA = Pos

Daily = Bear NTZ

1 Hour = Bull

15 Min = Bull

5 Min = Bull

1 Min = Bull

FPA

CBA = Pos

5 Sec = Pos

1 Sec = Pos

0.02 Sec = Pos

17th May 2017 EURUSD current Hold 230 pips Long and took a second entry, hope the alert and charts arrived in good T.I.M.E.

Current Forexmospherian Currency Kraken, as above, so below 

CBA = Pos

Daily = Bear NTZ

1 Hour = Bull

15 Min = Bull

5 Min = Bull

1 Min = Bull

FPA

CBA = Pos

5 Sec = Pos NTZ

1 Sec = Neg

0.02 Sec = Neg

17th May 2017 EURUSD current Hold 256 pips Long and the second entry was an MC (Desc Tri) with ISSL at support and now to B/E

19th May 2017 EURUSD current Hold 211 pips Long and the second entry S/L activated at 35 pips profit.

23rd May 2017 EURUSD current Hold 198 pips Long CBA = POS and my only hope is the "Traders" at IRCForex would stop trading against Forexmospherians.  Dont put your blame on me. 

1st June 2017 EURUSD current Hold 260 pips Long.  CBA = POS  

7th July 2017 EURUSD current Hold 440 pips Long.  CBA = POS Last entry 5 second range trade. 

22nd July 2017 EURUSD current Hold 680 pips Long.  CBA = POS 

2nd August 2017 Current EURUSD is held at 870 pips long.

CBA = Positive.

 

3rd Dec 2017 EURUSD has been a scalp long for November and still managed to hold a 900 pip Long position. Bears are sighted at the Mark on this chart but the mid frames still have Bull. Needless to say, drop down several frames to get the state of play for scalps and swing entries and keep up the good work with the Forexmospherian Currency Kraken alerts.

4th Dec 2017 EURUSD Incoming Current 5 sec = 123T so lets see if Bears hold.

4th Dec 2017 Incoming ...... EURUSD Forexmospherian Currency Kraken CBA = Pos

 

4th Dec 2017 EUR-USD Long M1 and 5 Second posted in photos section

 

2nd Jan 2018 Incoming ...... EURUSD 1,069 pip long

Looks like the H/S never held for the Bears as this evolved into a Bull Flag.

Forexmospherian Currency Kraken CBA = Pos

4th Jan 2018 Incoming ............. Current M1 EURUSD Head and Shoulders at 1.2090 is where Bears hold at the mark

13th Jan 2018 As above so below and current EURUSD

D1 Breaks Bull Flag with MC and the chance to Long again.

Entry as highlighted on charts denoted in blue triangle and holding the current position.

E-mail me when people leave their comments –

Sir Gissachance (PPND)
Forex Trader and Senior Technical Analyst
Currencies USD, EUR, GBP, JPY, AUD, CAD, NZD, HKD, CHF, All.
Previous contributor and lead Trader: Secret Forex Society (SFS), IRC Forex, FXStreet, Forexmosgate, Forexmospherians.com
Market Alerts - Forex Trading and the Wisdom of the Crowd, Forexmospherian Currency Kraken.
Youtube Trading Videos.
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Comments

  • Thanks for sharing how this trade took off and the really detailed forex technical analysis which followed, again awesomeness in motion, and thanks for sharing the pips, Sir Gissachance and the 3 Ancient Laws of trading, brilliant!

  • Brilliant, brilliant, brilliant

    ...and certain Francis R. on the other side of the market has to pay for your profits. How does it feel? He really shorted the market that day Still holding like you, but on the other side
    It seems like the chart stopped recording on December, which is a pity, but current opened trades show -17116 pips and -14.21% gain.
    https://www.myfxbook.com/members/FRiverola/eurusd-coastline/1938955

    EURUSD Coastline System by FRiverola | Myfxbook
    Results and performance of EURUSD Coastline. Discuss, review, analyze and learn about EURUSD Coastline.
    • Hi Daniel Stasziek,

      What makes this even more amazing is the CEO of Forexstreet Francesc Riverola has apparently got at his finger tips any help needed from every Quack Leader, FX Mentor, various popular companies with all the expert analyst they have to offer and none of them can analyse the market then trade it correctly like Sir Gissachance demonstrates right here and over 3 decades now.

      Actually Sir Gissachance went long EURUSD late evening on the 15th May 2017 if you check the 18 pip chart posted.

      Thanks for this trading tip post and the pips Sir Gissachance, this is packed full of charts, highlights, live calls and real technical analysis and I agree with Forexmospherian too, I am still following the 3 Ancient Laws of Trading.  

      Holmes

      EURUSD Coastline System by FRiverola | Myfxbook
      Results and performance of EURUSD Coastline. Discuss, review, analyze and learn about EURUSD Coastline.
  • The irony of this is amazing Daniel Stasziek, the day Sir Gissachance goes long versus Fxstreet going short selling, not just once but multiple times over many months. The EURUSD Coastline system of FXstreet has massive holes in it and certainly is well sunk 

    Hi Holmes Forexmospherians Fighting for Market Inches is the difference betwe...  Listen to the video, take on board the charts and read the text and comments. Thats all there is. That's why Sir Gissachance was always going to be right and Francesc Riverola was always going to be wrong.

    Forex Traders Fighting for Market Inches is the Difference
    ForeXmospherians Fighting for Market Inches is the difference between Winning and Losing I do not know what to say really. With 3 minutes before th…
  • 16th Jan 2018 Current EURUSD 1,519 Pip Long and hold.

    CBA = Positive

    M1 = Compacting 50 pip range 1.2250 and 1.2300 

    EPR = NSC

    FPA CBA = Negative 

  • 17th Jan 2018 Current EURUSD 1,645 Pip Long and hold.

    JBCB CBA = Positive

    FPA CBA = Pos

     

  • 24th Jan 2018 Current EURUSD 2,110 Pip Long and hold.

    JBCB CBA = Positive

    FPA CBA = Positive

     

  • Hi Sir Gissachance, As Forexmospherian mentioned earlier this is the difference between Forexmospherians and other forex forums. I certainly have the pips in the bank thanks to this. Cheers for the alerts and pips Sir Gissachance and another inspiring trading tip along with a real trading master class in technical analysis and the 3 Ancient Laws of Trading. 

    Holmes

    Forex Traders Fighting for Market Inches is the Difference
    ForeXmospherians Fighting for Market Inches is the difference between Winning and Losing I do not know what to say really. With 3 minutes before th…
  • as always Sir G nails it

  • Thanks Guys and hope you got the internal alerts. Another great trading week and so just momentarily breaking radio silence with a public post and update for EURUSD long and the latest entry last night off the M1 channel breakout long. As suggested with a 15 pip initial stop loss for the entry on this for reasons mentioned last night. Have a great weekend and speak to you all very soon.

    Support found off the Daily, Entry M1 Channel break Long

    123B plus MC = Long

     

    EURUSD Rise and Fall
    Hi Forexmospherians, Latest video for trading Long EURUSD from 15th May 2017 to date with a recent long entry taken last night. Hope it helps and tha…
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