Go short if you want and only if the price draw exactly that sequence.
The price is looking for that area in order to accomplish the need of the buyers :D
Hey you guys I'm bringing you a new idea based on the ones that have already lost their money. The first target for this monday is just the 0.88496 but if the market come in the same sequence the price is going to plummet till the 0.85456 I hope you have a nice trade there :D ------ You can easily take a look at it thanks to my new book " The value of your...
The price broke out of the wegde, but got knocked in again by the 50 SMA and has now formed a head and shoulder pattern yet to be completed. Price got rejected at daily R1 Pivot and is moving down to complete the HS. Daily is aswell showning signs of a top, stochastics are overbought. 1H has RSI and Stoch overbought and the trendline on RSI has been broken. A...
This is my oppinion about D1 timeframe and i did the entry @ 0.71269 Exit market @ 0.72523 will make another bought entry @ 0.71508 Exit market @ 0.73778. Expectation pips 253
SMLISUZU Nicely Breakdown channel waiting to pullbck for sell entry or you can sell it now also
We can enter longs at market in GBPUSD, and aim for the Brexit key level at 1.36599. Stop loss at 1.28772 should be adequate. Good Luck! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged...
Third attempt today to place some winning trades. Thankfully this time I seem to have taken the peak and should be good from here. Some basic technical and my trade lines drawn on. Lost $250 ish today. Still working with 50k lot size. Aiming for a large level profit once we touch down on green again :)
G'Day this is whats happening with AUDUSD right now. So take it and shove it up your bloomberg terminal ;) We are going to lower and cross over the central fork line. Then we are going to mess around in the lower green sector. We will then move like a boring static snake slowly lower down into bottom purple fork territory. Come and make some profit with me :)
Long term outlook very bleak for the once relatively strong AUD. It's been a tough two years on the Australian currency. With a very wobbly gold price dictating the nerves and a phenomenally crucial period of USD relative strength the AUD is suffering without a doubt. Using a simple fib based regression trend analysis along with a modified pitchfork that ties...
This is not a buy and hold approach, this should be treated as a quick in and out trade. In at 0.09 out around .12-.15 NASDAQ:EPRS
Ideally, cable could still rise up towards 1.3925 area before turning down. But a break below 1.3040 gives way to more downside movement.
What a journey!!! I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline. Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are...
Overview: The Gold markets rally during the course of the session on Monday, but found enough support at the level of $1350 and take correction. At this point, market is continuously sustaining on higher level, it indicate market is ready to higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and market is sustaining...
So GBP is being strangled by pretty much everyone right now. Litteraly the asset is in a massive chokehold and fighting for the air to breathe. With so much daily fundamental news the emotion of this asset can be likened to Bridgit Jones, or Madonna, or maybe that blondie who named her kid after a fruit....Basically its a hormonal mess of epic proportions. So...
Janet Yellen, you are a total fool. Mario the ECB is a joke. Camoron? Enough said..... QE has failed. Fear is back to stay. GBP is down in the basement and not coming out for some time. There is only one place to be right now. That is, if you want to profit. Tired of getting margin calls? Liquidity issues? Lack of results? Consistentcy? www.STBinary.com - The...
Don't lose out, don't try to get too clever. The direction right now is DOWN to fill the void of the recent spike. Will the UK stay or leave? Don't know, don't actually care. All that matters is that we monitor and FOLLOW the patterns of price. Should the UK remain hit the reverse upward trend as of tomorrow when the referendum is done. Should the UK leave keep...