Discussion: 1. Example on Natural Gas - breaking away from its range 2. Beginning stage of a “Growth” stage 3. Identifying and trading in its uptrend with multiple timeframes Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing...
Once Tesla has given breakout of triangle pattern and it retested the trend line i took a trade and made 85% return in 72 days.
Crude Oil is wandering in a Desert for Price once again, we Observed the Pit over Close @ 66 vs 73 - A higher close. Cl Traded Resistance during Globex, it is now Trading to Support. Friday's are generally kind to CL, CL Friday's remove more Capital from Traders than any other day of the week. Trade the Range - Gaps have a nasty habit of filling on CL...
Ranges are repeatable trading chart patterns. Ranges are consolidation chart patterns that can breakout either direction. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
CL1! A simple forecast I am anticipating with mean reversion targets of $2 to $4 below $42.50.
Hi, Natural gas next month contract future price range going steady, and also parallel move.. May be next day will be the same price range .. 2 to 3 percentage.. I think good time for Buy...
Abriendo Operacion en largo, Precio 9660 3 posiciones con 3 TP diferentes #1 - TP 9697 #2 - TP 9733 #3 - TP libre SL 9575
🔸 Signal Info: Light Crude Oil Futures Exchange: NYMEX Direction: Short 🔸Analysis: The price on oil is experiencing historical levels of volatility. What we are looking at here is a 30 minute chart with a fib scale drawing across the daily high and low. From $22.58 at the open down to 6.50 at the low. The price spent less than 5 minutes down at that level...
Beyond all fakeouts, for copper until now the area $ 2.54 has proven to be hard to breakthrough. If the US stock market maintains its bearish bias also in March, then most likely this will be a right time to see copper below $ 2.50. However, the decline will be more pronounced on the copper at the LME (London Metal Exchange) than on that at the NYMEX. Be careful...
Headlines: - Oil Futures drops as OPEC Hits Hurdle - Natural Gas prices continue to fall as NG1 Futures down -4.5% - United Nations releases numbers showing close to 700,000 people displaced in recent conflicts - US Equities finish the session higher with NASDAQ up +1.13%
Hi Guys, just some infos: WTI dropped $15 when the World Health Organization issued a Global Alert iro SARS on March 12, 2003. en.wikipedia.org nCoV2019 was first reported from Wuhan, China, on 31 December 2019 What are your thoughts? If you have any questions or comment to add please do not hesitate to post it. Thank you for your support and for sharing...
NYMEX:CL1 Crude Oil – Weekly Report Crude has continued its fall at the end of last week seeing prices down just over -4.5% for the week. Much of the selling and fear within the market last week did come from growing fears of the Coronavirus within the China region. Although there has been no direct affect to oil production by the Coronavirus, there has been a...
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 2274.4 TP - 1953.9 SL - 2318.4 Reason: Exponential growth with overbought RSI. Plus pay attention on Ichi Cloud that became thiner - the growth became weak. Seems the price was already rejected. At least the price should take a correction. Thank you for reading this idea! Hope...
As shown in chart.
Risk appetite reverses on trade escalation, again TRADE WAR ESCALATION , not because of the FED and its interest rates. However, we "the old traders" are keen on Jackson Hole speech. Now, just keep in mind the consumer sector is the hero of the U.S economy but with trade war in front of us, prices will rise and finally impact the consumer sector. What does it...
Descending Triangles, Triangles, Ascending Triangle & Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...