If you are the guy who think that DXY has more room left for downside this trade might be interesting for you.
Kinda feels like the bear has no much strength to even drag this pair further deeper. We have seen good gains on the comdolls from the beginning day of the week. Equity market did raise well and mostly TVC:DJI but talking back to comdolls at the moment bearish are weakening. Feels like there could be more probabilities for upside rather than the downside as long...
When the whole town runs for risk bets man how the hell might this yellow metal shine?
Sup metal heads Gold next stop is 1660, simple as that, follow the hegemony. As always, keep the risk managed. Cheers :D
Sup traders Bitcoin is testing the 6k level as well as showing some hidden divergence. Are we about to see bitcoin rally, or is the coronas virus or other current fundamentals push it lower?? We will have to wait and see! As always, keep the risk managed! Cheers :D
Morning traders. This is what i believe gold will do today but its next move, very strong impulse to the upside. Another move measuring the previous impulse should be the current target. As always, keep the risk managed! Cheers :D
Until this advanced coronavirus move was played, the flow had been relatively straight-forward, a smooth transition of the Titanic turning was more an ideal than reality. This corresponds to the process I have remarked on, that the US face a choice between a weaker USD or a weaker Equity market. The lack of restraint from Powell gives way to a mechanical swing...
Sup traders. The AUDUSD is shifting into fifth gear to reach my target of 0.6. If you go back to some of my last ideas, i posted a prediction of 0.6 as the target. It looks like its well on its way to hit that mark sooner than i thought! As always, keep the risk managed. Leave me a comment if you like! Cheers :D
It can be a retracement finally after a long swing upward couple of days past due to the US under pressure from Covid-19. This might be changing positively slowly as the representative of the state is focusing on the comeback against the pandemic and they have already run much stimulus program for their economy prevention. Can't say it may be fully reversal but...
I had some correlation anticipation over it I don't mean it as a pure reversal but in my opinion, some retracement might be incoming for this pair.
A very busy few weeks in markets, finally @ridethepig with some spare time for a whole round of chart updates across the FX board and beyond. On the monetary side, a whole new raft of FED cutting expectations entered the room via coronavirus impact leg on Equities and forced the FED into a surprise -50bps cut. Markets are sticking the knife in and keeping more...
We're going exotic for this one! I am looking for a drawback setup here and I've drawn my entry at a break of previous price structure support. My overall target will be the flat Kijun sen that is forming, and I've marked up some price structure to targets to aim for as well. Since this is only slightly more than a 2x risk to reward, I'll be taking a smaller risk...
Good morning traders AUDUSD is clearly looking like a short term long, didnt post yesterdays idea as i didnt have time, but trying to get todays idea out... Next prediction for today is another move up. Remember to keep the risk managed. Cheers :D
AUDUSD making double TOP (waiting for confirmation) #silverpips
Good morning traders Looking at a short for todays prediction for EURUSD, we can see a nice little pattern forming, with multiple divergence. I would be expecting a drop to come in the next session, and hopefully us session keeps the heat going. As always, remember to keep the risk managed. If anyone likes the way I trade, feel free to ask how and why i take...
Good morning traders Good week reading on the audusd, the pair has been pretty easy to read this week, as it most weeks. Im looking at another of shorts for the pair, obviously with everything going on, fundamentally and technically the pair is doomed! Remember that the purple box is the US session, which is the dominante session. As always keep the risk...
Good morning traders, We can see that US session has had a strong push breaking yesterdays lower low, which is in an indicator to me that we can potentially see some more downside. Ill be looking for a move that should equate to yesterdays full session. As always keep the risk managed. Cheers
I was focused a lot in yen performance throughout the starting day of the week when it posted out weak GDP after then some gloomy industrial reports I got hooked with the yen so far. Us had some report good some bad but till now it hadn't posted any top tier reports which could change the bullish sentiment flow of greenback but now I assume it's too much for this...