As we can see on AUD/USD Chart the price is about to hit 61,8% fib level and just below that there a possibility price breach but for now the trend is down , just wait for price breaching or break above other than that Stay safe and happy trading DailyFx Forecast: Trend Up Volitility 2% Outlook Bearish News both Neutral Follow for more
Gold is respecting its trendlines and seems it will go back to long after bounce back from the white trendline. I am shorting at the moment from 1348, targeting 1322, then potencionaly will buying gold. GOOD LUCK to everybody
Watching this resistance level to short the S&P Emini's
A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch. End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes. Best...
2 previous advance patterns completed. I am still in the trade on the blue short cypher pattern. I believe the market will rally to the blue box area and terminate around 0.3039s. There is a Fib retracement of 0.382 in that area. Then market will reverse and continue short terminating at 1.2850s completing a 3 drives pattern. 3 drives completes at a major support...
Can we expect a collapse of the Europezone? *As Goldman predicted* A Monetary divergence This step is likely to be followed by the Federal Reserve's (Fed) decision in the opposite direction to raise interest rates for the first time in nearly a decade at the December 15-16 meeting, Just Playing & Guessing Possible scenarios for the hereafter.. 2015 / 2016
There's definitely some interesting similarities between the years leading up to the last BIG dollar bull run and what we're currently seeing in the Dollar. Even the dynamics and percentage in the initial run from the low in 1978 to the low we saw in 2008 are quite similar. 17 years went by from the top in 1985 to the top in 2002. If the same thing were to...