Perfect storm for a 345 pip drop for Gold. Fundamentally: CPI was released. Traders felt it was negative for Gold and sold it. Technically: An Ascending Triangle which began on September 7th. This was a range between 1691.83 to 1729.52. The trend line was respected apart from two false breakouts. The resistance was also respected other than a false breakout at...
Good Day. We've seen recently in the markets, an over-exuberant reaction to the possibility of the Fed inexplicably changing course, in the face of generationally-high levels of inflation, that threatens to become endemic, and create longer-term problems for the US (and other global) economy. Mr Market may have realised they could have got their bets 'slightly...
The bear season begins in the American stock market (SPX500 - US30 - DOWJONES) US stocks are in the important resistance range and the medium-term trend is still bearish I expect the price to trade in the range this week and then the bears will take over the market and the Dow Jones will continue its downward trend.
It is time to pause, I will look into and analyze history'because as they say "history does not repeat itself but it rhymes" I would like to present the comparison of the SPX with the fall suffered in 2007. If we take as a reference the fall of the Great Recession of 2007, it was a fall of 57% during 518 days that means 17 continuous months of fall, the situation...
Hey guys! We havent been to active but here we go again! We are taking shorts (swing trades) on WTI based on the current breakout + retest of the support turned resistance. Our Stops are around the 94.2 level while our Take profits are between 80 and 85, we will seek to compound the shorts as the market moves. We rarely take swing positions but couldn't...
Dec 15th, 2020 : Buy to 1.232 then Sell BIG ... Been short ever since. Not happy about it since I am European but at least the chart worked perfectly. After all we only need 1 trade like this per year, it's enough. One Love, the FXPROFESSOR ps. we will probably see parity this summer..wow
I have shorted for 200 pips on this, so far so good!
Please tell me I'm wrong! I see a Head and Shoulder Pattern approaching the Neckline on US100 aka Nasdaq...
Simplicity is king. 1) Rising wedge 2019 - 2022 - Jan 2022 breakout down. 2) Nasdaq is falling from a crazy over-priced high, big potential downside. 3) Descending trend-line of lower highs since breakout confirm down-trend. 4) Current trading range of the down-trend is 14,600 - 12,800 5) Break below 12,800 - 11,900 to 10,700 will very likely follow. 6)...
After our buys have come into profit, A beautiful short opportunity all the way down to 13365 presented itself This fall is inevitable. Almost 9000 pips, ride this and enjoy Cheers
Don't put feelings in this. This analysis held till today. i don't see why it should disappoint now
when we cross this vwma, and the level of .618 retracement doesnt hold uvxy drops really big really fast. algos could flip bear at any moment, but there is bound to be at least one bounce worth noting between here and $12
MONTHLY SUPPLY OF HOUSES IN THE UNITED STATES Recently viewing for the 10th time (at least) MONTHLY SUPPLY OF HOUSES IN THE UNITED STATES Chart I hope it will help you. Sincerely, L.E.D. In Spain on 01/20/2022
When people live on hopium they detach from reality and refuse to look at the bigger picture Analysis paralysis is an inability to make a decision due to over-thinking It’s usually accompanied with an overall sentiment of wishful thinking in the financial markets This translates to extreme fear and greed, the more fearful or greedy investors are, the...
A huge head-to-shoulder pattern is being completed, and we will probably see a huge drop in early 2022, with prices dropping to around $ 14,000. So do not rush to buy because great opportunities are on the way. And the biggest and worst issue in the recent trend of selling whales and Maple companies is macro-strategy, and many other issues that prove to us that...
Life changing trades, we bought 1000 shares at Nearly 0 and it’s made a massive move. Wish to come across more of these cent stocks that have massive potential
Pre pandemic this stock was in the process of a bear market. Big handed investors prepared their investors where to move money. With the help of the government they can now force every citizen to take their manufactured "Drug" for life. ... Big government is working for big business to keep money flowing into their pockets for Life. Gov+Mandates= money for an...
I’m going to short this bear flag with the tps at the Fibonacci lines. We rejected major resistance and I’m looking for a small pullback at longer timeframes