after the opening of trading is to wait for the pullback, and then open a short position stop-loss 41.27 The first is very likely target 37.5 and so the price can for 1-2 weeks to fall to 32 or lower
if price go down, i'll be wait long signals "long zone" may be at ~34.6 $ 1st goal new high 2nd a bit higher 3rd 47$
if the price falls below 2.22 then you have to look for an opportunity to open a short position on a pullback the expected stop-loss 2.293
if the price go down to the level of 15.30 then I will look for an opportunity to go to Long the expected stop-loss 15.17 if the market does not adapt to my imagination, then I will'll be watching the price further
Still channel working, going long with risk/reward ratio of 1.81 is good enough to take.
With commodities collapsing and the BOJ announcing further easing and loose monetary policy, AUD/ JPY provides the best instrument to ride both the decline in commodities and the softer yen.
Tesla Motors Inc. took some rebound last week, around the 211.13 support level, which is a critical level. It has been a month it is falling. Breaking out 211.13 will send the equity south to 202.35, with 207.96 as a primary objective. Should the equity breaks out 230.48, a rally will be unleashed with 244.43 as an objective, with 236.19 as a primary objective....
The ranging market will possibly continues till the end of September - beginning of October. Mid term long entry point 123.00
Still moving up after recent consolidation breakout. Resistance 125.85 (after 125.54). I only partially took advantage of the move up from 123.64 to 124.44, attempting to scale into trade, only one limit order was executed. Gains were minimal. Now confirming break above resistance zone and good risk/reward, I will be more aggressive. I have position myself...
Same analysis n rationale as the USOIL trade i just posted. It's attached in the related ideas I was already in this trade way earlier as my entries were already triggered but as you can see price is half way there to the target of around 48.60 You got further levels below that should price just plummet at around 46.30 and below that the low made earlier during the year
i. GBP in H4 is still below the bearish trend line. ii. 1.55627 is an importand intensive trading line, a rather strong resistance above. SO, I think from the mid-term aspect, this pari will keep going down. Pink arrows are my guess for your information. At last, if you need more trading information or want to communicate with a bunch of Forex fans, welcome to...
This is my first published personal trading idea depending on Elliott Wave analysis. wave 5 projection is equal to wave 1. wave 4 might be complex correction due to the fact that wave 2 is a zig-zag correction. The distance between the red trend lines are equal. I am looking to short oil after the completion of wave 4.
This is more of a mid-term/long-term view on platinum and commodities in general. Im very bearish in all commodities and metals until the trendline gets broken. Commodity should be the headline focus in the coming weeks and months in my opinion and Im expecting a price target for Platinum of around 833.00
The USDCAD is clearly showing an uptrend for both the Monthly and the Weekly. However right now after an initial breakout at the start of the year it has pulled back abit and somewhat consolidating The green line shows the uptrend and as long as that holds expect the bullish momentum to continue and we could see a target of 1.3950 if the UPPER yellow box gets...
Slightly better US data immediately caused $USDJPY to start climbing and after clear BREAK of daily resistance mean it's a long or sideways. Not shorting it! When we get a clear sell signal (pressure of sellers) we should consider start closing the position. This trade can make 300 pips if trend continues.