Hi Traders, Here we go, simple idea. I got on a trade in the flag before but touched my brake even stoploss and now I placed this sell stop. Hopefully we will get a brake and get a nice one down. If it does not brake...I may start looking into buy set ups. Carlos
Hi Traders, In the team we have been analyzing this pair for a long while, we did a nice short position from last minuete b until today, 800 pips in two trades. Now we are willing to save the profits and wait for the new uptrend move, clearly going to happen, but we are not sure when, we could get many types of flat corrections going on (regular, running or...
Hi traders, I posted an analysis last week on Us Oil, which I realized it was wrong! So I have analyzed Oil again and now I am sure about the analysis I have made. In the Daily, we have the start of an Elliott motive wave. So we know Oil is going uptrend. I will post the Daily view after this one. In the hourly chart, we can see the H1 impulses and respective...
Hi Traders, Here's part 2 of my new analysis on Us Oil. Already linked to my H1 analysis posted. In the last period we have had a big impulse. As you can see it has 5 moves so it confirms an Elliot Motive Wave. Then we have a typical ABC correction. The thing is that the market has created a more complex structure, making it a Running Flat (B higher than the...
Hey Traders! We just analyzed this opportunity in the team. Wait for a breakout and buy in the next flag. Another move down in the channel could happen! Carlos
Hi guys, As simple as this. We have broken the Daily corrective structure, the two orange levels drawn are the main supports of the structure. Since market has broken this lows, downtren is confirmed. Looking for a consolidation right below the sell set up structure and go short. Carlos
Hi Traders, Dowjones Index looks potential. One impulse has taken off from the ABCDE structure and now it seems to be over. I would wait for a flag, so I get a buy set up, and find the entry for a long position. Carlos
Hey Traders! My mate @ashalker and I have been looking into the U.S. Dollar Index. We see a clear motive wave (12345) or Elliott Impulse. We will look into smaller timeframes and look for buy setups! Carlos
Hi Folks! We are already in Us Crude Oil! There is still a long way to go but we just have to be patient and do other trades. Carlos
Hey Traders! Here's a chance to make a good profit in the next 48 Hours. Specting a brake of the triangle, sell the brakeout and you can target a good ammount of pips! Carlos
Hi Traders! This is my analysis on IBEX35. I think we are already going up for a new cycle, actually we are going for the third wave in it! I studied the possibility of a longer correction but the shape of the chart does not match with any of the most important complex patterns for corrective moves, so I got to this conclusion. We are looking now on smaller...
Hi Guys! In the Palm Traders team we are looking for a big sell in USDCAD due to this Primary Cycle. We are going down from where we think it's the ending of a primary corrective structure (ABC). We had a reversal and now a flag consolidation, so we will be paying attention to smaller timeframes to enter a short position and get a few hundred pips! Carlos