BRENT CRUDE: UKOIL Trading Strategy Ahead of Opec Sweet Sweet Crude Have closed out the long position finally as Brent touched the upper parallel. It's the fourth strike and should come back from here. Closed at 64.33 for 1833 pips profit on a trade that carried 30 pips of risk from the outset, taking under 6 weeks to achieve. Best win of year (apart from...
Looking for a short after price formed multiple trendwaves to the upside ( at least 5 in this case) now we are almost at the daily falling trendline as we see....all we need now is a shift in momenum ..i wanna see a abreak lower ... at least 2 possible entry areas for the patient trader here ...waiting for price to break n close the 2 support areas ( black lines)...
WTI: USOIL It's not quite reached the target yet by about 11 pips but if it touches that perfect level it will likely only be a spike, so am closing out here and thinking about a counter rally long for 100 pips - still overall bearish though so still looking to short again, but hopefully from higher up - or on a break below first target as per comment.
Dollar Index: DXY Dollar is making a double bottom at 96.80. Close down all dollar shorts and only go short again on a break below 96.75 for next part of fall back to 95.10.
GOLD Spot: XAUUSD Testing important resistance here - suggest closing out longs as per comment, getting ready to either buy from lower at 1251 or as it breaks above 1262. Be careful of that overhead resistance line though.
Bitcoin Update. Close out shorts for now as per comment
DXY Dollar index still neutral but gearing up for a break out. Don't need to predict this even if Dollar looks more bullish than bearish right now. Whichever way it breaks will be worth following
In order to close the gap,we need a bullish movement and after closing the gap,resume downtrend
The name of the game in trading is knowing when to cut your losses short. Goldman Sachs upgraded MSFT in premarket trading today, which caused a gap up in the opening price. We're in the red about $105 from an originally $252 max credit trade. We're going to wait for market close before cutting our losses on the position. If the close looks to be as if it's...
Keep away from sidewalks under windows. MACD: RSI: Will the monster eat you too?
GBJPY is coming towards the end of the existing channel. We are closing all trades (in profit might I add) and waiting for the next trend continuation (short in these circumstances). All data is collected, screened and processed by www.investingcopilot.com - Your awnser to free unbiased trading advice and signals.
IVE PUT A LONG POSTION TARGET AND SL AND SAME FOR A SHORT POSTIOTION GD LUCK TRADERS
A little work in progress, nothing really new here, just "simple" open-close cross trend trading strategy.. but of course with a dash of my own flavour. So it got less simple.. You can use simple open/close series crossover, or use your preferred brand of MA instead. needs a lot more tweaking before I actually go ahead and publish the script, but still fairly...
The long position entered on a breakout of the 1.40 level is finally seeing divergence on RSI. We warned earlier "that this trade (long USDCAD) is crowded: the relationship between the USDCAD pair and oil prices is well known to pro traders, hedge funds etc. Many analysts have written about this trade over the last 12m to alert retail traders to the opportunity....
On 5 Jan 2016 we identified a level to short this currency pair. The target was at 1.4230 which we nearly reached on 15 Jan 2016. Today we see support has held following the release of Chinese GDP & retail sales data. Whilst the strengthening US dollar provides a decent tailwind for this trade, today's UK inflation data, the muted impact of Iranian oil being added...
Close below Then short strong resistance facing
Hey traders. its bin a while since i published a trade. Glad to be back. It looks like USDJPY will go on a down trend. I think the next swing low will go to 1.272 extension and 1.414 inverse (orange box). If the price goes to 618 retracement (after the price hits the orange box) i will look for a sell postition to 1.272 extension. I think the price will go...