The dollar index is ranging at a current 1 week Resistance, with a rise in Jobless claims and Philadelphia Fed Manufacturing Index (Dec) is Low. Signaling dollar weakness, at least temporarily. EURUSD is currently set up to break a daily resistance, turning it to support and a move higher. Target 32.6 PIP, Stop Loss 15 PIP. Risk < 2% Account.
If you want to know...
Technical analysys are useless unless we know enough about the Token fundamentals.
As this coin came out 1 month ago or so @ US $ 0.01
ICO buyers werw expecting a 2B emmission, instead we got 4B Tokens in circulation, with an erased promise to burn 2B Tokens by 20/10/2020. The token burn was announced on Telegram, then taken off.
There are a lot of videos on...
Setting an order for a short on this pair as it looks to be showing resistance at this major area. there is major support below and it is in an up-tend however, i believe we are going to see a pullback.
I will close partial profits at the support below and let the rest of the trade run on a break even stop.
Very simple.
If you have any questions or want to...
I'm not going to point out where price touches these lines as it really is simple to see that these levels have been used as both SUPPORT and RESISTANCE, how do people not spot these? Do they constantly walk around with eyes closed? or more likely with heads in phones on dating apps looking for there next sexual transmitted infection ;p
It is so simple but yet...
G'day Cobbers,
It seems my posts are being hidden by tradeview for a breach in house rules, I guess my affiliate link is pushing the friendship a little too far, my bad. Who would of thought I would get censored after paying $60 buckaroos a month and spreading free education and trade ideas. Any way moving on.
After a little bullrun last night we had our what...
Support and resistance levels are critical in financial markets.
They are very similar to pivot points, except simpler.
When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could...
OK in a relation to the review posted, I'm posting the most usual and mistakenly the best "Structural stop losses, for your review, they are the most visible and logical places for Opposition direction's MM's entries...
final review will be posted at the end of the day
