I have entered a short position based on the following reasons: - Break and retest of strong trendline - MA's have crossed over since the break - Daily candle looks to be closing on a doji and has failed to break above 0.68 level (This is also the level for 0.382 fib. Caution: NFP is released tomorrow so this trade could see huge spikes in either direction. Trade smart
My sugestion: Entry point: 33.39 Stop loss: 28.34 Profit target: 43.51
thanks to quit bad data coming from the us , spx has finally breack from it's range to give us quit a perfect short . So whatto do now ? looking for some profit taking in the market to give us the opportunity to reenter short on the market . Because now that pa has closed below the ma on the daily we will be lloking for it to to sustain a pull back to confirm a...
we starting to see big bying pressure across the bord on all major stock indexes , so sp500 should be able to breack it's range and go above , all that thanks to fomc :)
at these stage spx is on a no go zone , on up side price action is sitting on big resistance around 2095 and a fib level a couple point above that and below it face as support and it quit a BIG one that have been defended for quit some time now but it will be very interesseting to see wich side it's going to actually go , on either side they are big target long...
Alternative trade idea if EURUSD doesn't breakdown from here and continues to be a faggot. Watch this space as I will be posting more ideas to support this view and I will also be frequently posting small short-term entry opportunities and possible scalp trades whilst the bigger trade unfolds. I provide signals service for free . Just go and follow...
When something is unclear up close, it is often more attainable from a broader perspective. Rarely do traders look at the big picture when evaluating a trend. What people dont know about the DXY is that it has travelled to much higher price ranges than its current treading grounds. When we look at a large time scale, we see that the recent USD rally is a lot less...
As you can see, GBP/USD bounced off the uptrend line AND the bollinger band's bottom. I believe that we will test the middle of the bollinger band next week, which is around 1.5650 right now.
Business is expanding, they opened a new bitcoin vault in Europe to complement the secure storage vaults in North America. From vault51.bitcoinzusa.com The company has developed a offline storage system for Bitcoin users, which is represented by a Physical Bitcoin. The electronic Bitcoin is stored off-line in a secured computer chip known as Vault 51 and...
DAX Resistance The DAX is currently in a very strong resistance zone. In fact many of the largest stock indices are also in the same position please also see my trade on the FTSE (Global Equities Turn-Around) It has touched this level 2 other times this year, we have seen several retracements on the dax this year and this seems to be where it stops the...
BREAKING OUT ADVERSE TO MARKET AND WORLD EVENTS This stock is above any resistance points and if continues above indicators on high side it will continually break highs on a daily basis. They are a Monaco based company that is very strong fundamentally and even spun off a LP for dividends under symbol GLOP. This is a fundamentally and technically solid stock...