FadeMeIfYouCan

FadeMeIfYouCan Updated 

FTSE looks like a bear flag is forming.But with yesterday's reasonable daily close, both sides can be played today. My blue zone - above 5587 for longs, target 5603, 5637, 5685. Be nimble and trail stops. I have a hunch we will see 5685, but hunch are hunch. Trade what you see. Below 5569, be short. 5539 should offer a bounce as it is yesterday's low. We might...

FadeMeIfYouCan

I tweeted on 22 Oct when SPX is at 3422, we will see a down before end of year to 3140, 3062, 2888. I called a possible pullback yesterday (29/10) in #NDX. Pullback occurred. When everyone is bullish, news out. Market tanked 300 pts - just at the hit of my R zone (see my other #TradingView post). So where next? I am bearish longer term but intraday, we MIGHT...

FadeMeIfYouCan Updated 

In my previous #NDX levels given on 22 Oct, my heading was #NDX trying to find a bottom. I hope you heed the advice. All my levels played out perfectly. We had a massive sell yesterday. It will continue but I sense a pullback first. How deep it might be, I don't know but path of least resistance is still down imo. So play both sides. Price has moved up slowly...

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Yesterday EURUSD tanked quite a bit. If you have been following my tweet, you should be warned. 500 pip movement I see coming, given during last weekend. Yesterday's very bearish candle signal more downside coming. But I sense (yes sense) that we should have a pullback 1st (price did stall yday later in the session) Thus you can either play the pullback(go long)...

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Lots of selling yesterday (27 Oct) for #DAX30 #FDAX, closing at the lows. Selling pressure still on but there might be possibility of pullback. A lot of room to play for the pullback. 12162-86 will present a low risk short zone with purple lines 11940, 11986, 12050, 12110 resistance along the way. If 12162-86 does not hold, 12230 should cap high of day. Below...

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Yesterday (27 Oct) #SPX #ES_F closed at the lows. It is still ranging now. Normally if we are to pullback, it should come quickly from open, but not so yet, thus probably we will sell in Europe session. But do note that 3402-3406 is a valued area of yesterday, there is always a probability we might pullback to there. That will present a low risk short...

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My post yesterday was titled "Let the crash begin?" Probably will be more apt without the ? We had a 100pts downmove then a pullback of 50pts. I still see further down; as I tweeted yesterday, no news is bad news. Blue zone is usually my buy/sell level.But given the large movement yesterday, I actually put in an orange zone. Be short below 3406 target...

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EURUSD has been ranging for the past 4 days, rather wide swings. For now, EURUSD looks support above 1.1806 but I cannot ignore the possibility of further down move if 1.1806 breaks. Lower support at 1.1780-88, 1.1764-68, 1.1748. 1.1734 should cap low of day, presenting low risk buy level. If 1.1824 break, we might see 1.1842, 1.1876. 1.1898 should cap high of...

FadeMeIfYouCan Updated 

Fri 23 Oct we had a down move, supported and a rally to close the day. However price is overextended and according to price action, we should see another pullback. Below 1.1836 go short, target 1.18080-14. 1.1780 will act as strong support, thus I expect a strong bounce from there. If support breaks, 1.1758 should offer low risk buy level. Above 1.1850 can be a...

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Price still ranging, in balance. 3 things which could affect the next move in SPX are the earning announcement, elections news, stimulus talk. On a broader picture, as per my tweet last week, I am seeing a set up for a bigger correction coming before end of year. Anyway for 26 Oct, look for longs only above 3460, targeting 3474, 3487. 3504 should cap high of...

FadeMeIfYouCan Updated 

Based on yesterday's daily candle close with rejection off new lows, price action looks bullish. Bias will be long above 5791, targeting 5822, 5839.4, 5858 and 5879. 5896 if hit will present low risk short level. Below 5778, bias will be to the downside, targeting 5744 and yesterday's low near 5722. 5682 should present low risk buy level.

FadeMeIfYouCan

EURUSD - bullish on monthly and weekly but bearish on daily timeframe We have pullback yesterday and price is coming down as I type this. We might find a support today but till then bias is down. Monitor 1.1830-38 for a possible pullback and rejection down, targeting 1.1798, 1.1780, 1.1766. 1.1742 should cap low of day, presenting low risk buy level. I will...

FadeMeIfYouCan Updated 

NASDAQ still in consolidation. Stimulus news still in play and that will move the market. Personally I think the lows are not in yet. Price at the lower end of range, but need a clear break. I am short bias below 11698, targeting 11590, 11504, 11410. In the event 11370 trade, I see it as low risk buy level. Above 11710, look for longs, targeting 11796, 11892....

FadeMeIfYouCan Updated 

Price rallied yesterday but hit strong resistance. Expecting a pullback for today. You can either trade the pullback or wait for pullback to go long. I will look for longs above 1.3148, targeting 1.3176, 1.3232. 1.3324 will be strong resistance but if 1.3376 trades today, I will sell it with low risk. Below 1.3130, trading the pullback to short to 1.3054 as 1st...

FadeMeIfYouCan Updated 

Yesterday's upmove signal possible continuation. But price action looks overstretched, thus I would expect at least a pullback, support before any further up move. Above 1.1780 I will be long bias. Gd to wait for price to pullback to enter. Upper targets/resistance are 1.1854, 1.188. In the unlikely event of strong up move 1.1936 will cap high of day. Low risk...

FadeMeIfYouCan Updated 

Price is ranging with no clear direction. According to my system, price is in an uptrend on a monthly TF, but down on a weekly and daily timeframe. Market is probably waiting for outcome of the stimulus talk to decide the direction. I have identified the levels to trade on. Above 3446.8 bias is to the upside, targeting 3467.4 (rejected by this level...

FadeMeIfYouCan Updated 

Pullback is complete yesterday. Expect further upmove. My posting came slightly late, price has already moved from my buy zone. Expect 1.3202 and 1.3220 to target. Trail stops after, with 1.3244 to cap high of day.

FadeMeIfYouCan Updated 

Based on price action, lots of resistance for silver. Thus my system points me to going short for today, though not discounting that we might see buyers at lower price levels. Price now at 24.22. Price could sell from here or pullback to 24.41 zone which offers better R:R for shorting. Expect 24.68 to cap high of day - low risk sell level. Lower targets are...