I like the throwback to the trend line and with momentum still favoring the bulls here on the daily I want to seek out the 1300 to 1400 range later this week. Thoughts?
USDJPY is giving us some mixed messages on different time frames. For sure some people are gonna win and lose money by taking a position. I'm keeping my powder dry just for now. Later tonight (UK time), I'll see what the latest picture is like. I'm focusing on the 2H time frame for a hit.
Gold has seemingly taken a mini-crash - or rather correction in a daily trend. Some have bailed out, and I can't blame them if they made their money with the big pump north. So what's next?
EURUSD has presented different opportunities and conflicting signals. 'Everybody' wants to know which way it is going. This is the wrong question. In this screencast I show different opportunities relative to trends on different time frames. Where price is going, depends heavily on which time frame trend you're stalking - and whether you'r willing to take a...
Forming a bullish flag pattern, third retest of strong ascending trend line. Support zone on a 38% fib.
Just wanted to thank you another time for all those likes and views on my first tradingview video ever! Have a great weekend.
This is a shorter screencast where I show how the extreme volatility of GBPCAD on 1 hour time frame can be exploited. Expect to lose - just keep losses minimal, and maximise gains by keeping trailing stops reasonably wide.
Although overall there heavy bearish pressure from the weekly and daily time frames, it's still possible to exploit oscillations of price. My preference based on the evidence visible on the charts - mostly from the weekly, 3-daily and daily trends - is for the south. What that means is that smaller time scale trends will more likely oscillate within a bearish...
The 61.8% Fibo level held as support so far, and I like the candle off of it. Protective stop is place just underneath the golden ratio here.. let's keep it going people! Thoughts?
Ethereum had a pretty significant pump down. It's now a serious bear-bull fight as punters queue up for positions. Overall on higher time frame the trend is for the north. On lower time frames price is trending for the south. Many exited on what appeared to be a double top on the Daily. So the recent fall may have been just about fear.
Staying long with a stop protection level
Hey everybody! Drake Denison here with another chart breakdown. EXCPET this is my first time breaking down EU for everybody... Not a pair I usually trade but definitely showing very clean structure and a clean full breakdown from the TOP DOWN! Enjoy and make sure you follow my Instagram for more! IG: @issdrake
I've been stalking coffee in the background from many weeks. It's looking pretty ripe about now for taking a controlled loss (aka stop-loss). When coffee moves, it really moves. This is a longer time frame trade, which I do not usually get involved in - but it's probably time for me to get involved in one or two of these.
estou acompanhando o trade e devo admitir que estou emocionalmente envolvido. Vou buscar liquidar o preço rapidamente para não atrapalhar minha técnica. Subi stop com lucro para 95620, atingindo 150 pontos nessa jogada. Vou deixar, No papel a continuação dela, mas por hora vou sair com esses pontos garantidos.
In this breakdown I show you how to catch massive moves in the market, primarily in cryptocurrency pairs. Questions? Comment or DM me on Instagram @jaketradess and I will get back to you asap!
Well, well - Ethereum and Bitcoin have left many speechless in the last 24 hours. The unthinkable just happened i.e. major pump north. I could well be another dead-cat bounce as well as it could be the start of a major trend change. I explain how I entered this, which is now at a no-loss position and what my strategy for it is.
This is a short take on Silver which looks like it is about to break north through a zone of resistance. I'm waiting for a a better signal but I'm getting prepared. There could be a serious bull run on this, as everybody will be watching for the same break.
As predicted, compression has ended today and a new upward trend is being defined on bitcoin. It's a clean chart with defined pivots, have fun trading it!