Hey everyone, Today was probably a day that I shouldn't have taken any trades. Seeing as how it's Labour Day across many countries in Europe it seem like it translated onto the FTSE100 as well even though it wasn't a holiday in the UK. Nevertheless, the thesis for the proved to be right was just caught in a choppy market/ Hope you enjoy the video! :) Broker...
Last week, we got a really strong rejection from the higher levels which ended up with a bearish candlestick pattern! The rejection came (trade criteria): 1. From the Fibonacci golden ratio of 62% 2. From the previously worked resistance level (blue line) 3. From the previously worked support levels which now becomes resistance (orange lines) 4. From the ABC...
CFDs on Natural Gas OANDA:NATGASUSD NATGASUSD, H4: Continuous moving towards : Sell
if will only be applied if it break this level scenerio : Reversal Entry : sell after breakout trade at your own risk
Crude Oil price is right now at the most important resistance. It is strong resistance line Jan. If it break through the resistance Oil price could spike up to much higher price, but if the resistance holds we can expect another correction move.
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Hey everyone, I managed to take a quick short scalp trade on the €DAX30 for a 2.6% gain I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m) Details: Entry @ 11650.20 Exit @ 11649.00 **NOTE THAT...
Hey everyone, I managed to take a quick a quick long scalp trade on the $NQ100 for a 4.6% gain I will be posting both the screenshot from my broker's platform as well as the 5m chart below so that you can clearly see the levels laid out. (cannot post an idea below the 15m TF and my trade was taken on the 5m) Details: Entry @ 7182.85 Exit @ 7180.80 **NOTE...
AUDJPY currency pair appears to be locked in an indecisive range between 79.606 & 77.753 cluster zones. Our outlook is neutral at the moment but might provide opportunities for range traders. Current price action warrants further observation in candle behavior as a daily close that completely engulfs previous day's candle (reverse hanging man) or a daily close...
The AUDUSD is tracing out what appears to be the finishing stages of a downward move. Downward momentum appears to be finishing and our bias is largely bullish for the pair. However current downward move could still stretch to as low as 0.70191/0.70137 cluster zone. At this zone we expect to see strong buy orders enter the market if not before. However, the...
AUDCAD has assumed a bullish shape. Currently we anticipate consolidating into long positions just above the blue trend line shown with target in the 0.96388 region. However, any price move or price close on a daily basis below 0.9352 zone invalidates the bullish outlook Happy Trading! www.trading-equity.com www.facebook.com
USOIL (WTI) labeled in a corrective sequence in Minor 2 (green), which appears to unfold as a sharp correction. A bearish impulse would be expected before WTI could bounce back. If you like my work, please support me with a like. More details in my signature. Many pips ahead!
SILVER (XAGUSD) labeled in a bullish impulsive sequence in Intermediate (C) (blue), with Minor 1 and 2 (green) complete. Bullish Minor 3 (green) should now commence and should be powerful. If you like my work, please support me with a like. More details in my signature. Many pips ahead!
GOLD (XAUUSD) labeled in a bullish impulse, at the end of Minute IV (green), and about to start bullish Minute V (green) so it can complete a larger degree sequence. If you like my work, please support me with a like. More details in my signature. Many pips ahead!
VFC D1: Resistance zone + Overbought RSI(14) + Shooting star/Pin bar.