• Rayn Lim
    I hope you didn't miss the trade that I've shared last week on the Double Bottom retracement trade, it brings in a good 80pips run which is 800USD/lot traded(link at the bottom). Well, this week trading idea is simple, wait for buying opportunity on the...  more
  • Rayn Lim
    Well, I've told you there's no need to panic for crab pattern , it usually has a retest of previous low before it took off. The structure of this trading setup is also known as a sideway consolidation, although the highs(resistance) and lows(support) are...  more
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  • Rayn Lim
    A bearish bat pattern on the 1-hourly chart, although it is higher than the daily resistance level I'm spotting at 107.87, it is still a great setup and this is why.
    On the 1-hourly chart, the market can touch Point D, shows a bearish engulfing candle...  more
  • Rayn Lim
    USDJPY doesn't have a distinct trend at the moment. If market consolidates within the red box I will be waiting for a shorting opportunity.
    A break and close above the red box then I'll wait for the market to travel to Point D for a shorting...  more
  • Rayn Lim
    USDJPY is a quiet pair, the red box indicate the level of the selling opportunity I am waiting for. Remember, when market consolidate it has potential on a harmonic patterns setup. You just need to be patient and wait for the trading opportunity.

    These...  more
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