Gaining and losing the levels
- Bullish Wedge - Daily Regular Bullish Divergence - Huge Short Sentiment (Contrarian positioning) - Previous Price Reversal Point ** Note I did say 'risk what you cant afford in the video, obviously I meant only risk what you can afford **
GBPUSD has been a chart of interest for a while and downside looks likely when taking price action into consideration only. However, with the FOMC interest rate decision tonight this chart could look very different by the end of the day. If the FED disappoint and look to slow down the rate in which they continue to hike interest rates we could see GBP back above...
NZDCAD been moving to the upside in a very strong pace. The pair reached major structure level and giving reversal signals. Watch the recording for all the details needed.
Hourly bear flag setup, breaking low of today will confirm the flag. Hourly RSI is approaching oversold, watch this level if we continue bleeding down
In this video update, we take a look at the DXY. We expect downside here however if we do see a shock in the numbers the $97.00 resistance that the market has struggled to get above of recent could be broken. The numbers are forecast to be slightly softer, as well as the US Bond market selling off, the USD could be in for a decline.
It's now been three full trading day and Aphria still has yet to challenge head-on the allegations of a short seller who put together a compelling storyline. The only response so far has been to dismiss the claims, and this lack of response has seen the stock lose half its price in three days. In this video I discuss where I see the short term action heading,...
Selling the EURCAD at the lower curve , short term selling on a lower time frame ( 15 min ). Intraday trade. Lower probability . I saw this and took the opportunity. Even IF I get stopped out, I only loss for 10 pip. which is worth $39 for a reward of $97. So its a 1:3 RR. For a short term , thats consider to be ok already. Im ok with the risk. But if the price...
SPY closed at the low of the week with only the low of October 259.85 as support, and we are likely to test that level first thing next week. It's clear the MA20 on every timeframe is important for SPY, and both the tech and financial sectors and this has been rejecting every bounce attempt on every timeframe so far. Bears have the momentum on every timeframe;...
Just a nice quick pop for a sell
Using a 2 min chart with only 28 pip risking 4 pip.
Classic demand level on a smaller time frame for income.
A simple idea of what to look for when we finally break this bearish trend. We see late in 2015 how the most simple price action and EMA concepts can give us an undeniable reason to start building a long position. Once price broke above PA-based resistance, we got a retest of both the PA and the 55 EMA, we also see that the EMA's has flipped to bullish...
NFP Trading Plans by tntsunrise Forecast Previous Nonfarm Payrolls (Sep) 185K 201K Unemployment Rate (Sep) 3.8% 3.9% 1. Trade after the data 2. Watcht the break-out 3. wait for the pull back to enter 4. use RR ratio 2:1 or 3:1 to decide your profit Please watch the entire video for more...
This a follow-up to the GE idea about the downtrend it started on May '17 through May '18. GE just broke down another support level at $12.60 after failing to even test the $14 mark. Right now the support break tells us that the stock is still weak, but it is still a little early to call it a bankruptcy confirmation. The stock is weak and would not be a great idea...
Bitcoin is looking pretty bearish. I give my thoughts in the video. Let me know if I should continue these vids or just stick to regular charts. Still getting used to talking on video
DrGraph points out more on the use of Local Maximum / Local Minimum and C75 / C25 tools in Forex Insight Pro 3 to tell the time of price recovery from all-time-high correction in a SET:IVL monthly graph.
My thoughts on Bitcoin right now. Let me know if you like these videos or if I should just stick to the charts. Thanks