This is just my wave count and the forecast. This is just the expected wave pattern and the future price points shown in the chart has no significance. Please comment on the chart if you are an EW and have a different count than this. Thanks
Good afternoon traders, This is a take on gold for this afternoon on Wednesday 26 of January 2015 The gold have pulled back today following a very strong trend for a few days this pullback have met with 61.8% Fibonacci retracement and 100% external projection of the previous correction. Conclusion: buy Signal has been triggered for entry and exit information watch...
This is the best set up ever. The market is below the 200ma thus confirming that the market is on a strong downtrend. We are experiencing some pullbacks on the 20ema. The CCI is on the oversold. The market is geting ready to continue with downtrend. I am take a short position targeting 30 pis or take profit when CCI gets to the over bought. Stop loss can be placed...
We will wait for a little pullback to the 1.40 level and buy from there. This pair is ALL BULLS.
SL @ 2.060 EP @ 2.044 TP @ 1.990 RRR: 3.38 Risk: (160 Pips) Reward: (540 Pips)
Wait for pullback. I think the oil is going lower, And why not getting some money for your wife's christmas gift? :) We wait for the price testing the trend. If it wants to go through EMA and trendline, set your entry-price (for short) at the place the price went trough the EMA. And wait wait for the price going back. We see a example at the first lightblue...
Quick scalp on the Future US Dollar against the Brazilian real. It's a pullback trade, which means it's pretty risky on my concept. (You are trying to find a quick reverse with a poor r/r)
Possible short in motion...let's see what happens with Monetary Policy Minutes at 7:30 NY! 150+ pips to the downside...Good Luck! KEEP THE RADARS UP!!!
This NZDUSD trade is something that I've been keeping tabs on for the past few weeks. In fact by this point I think my Live Trading Room & Sydnicate members are probably sick of me mentioning it. But during yesterday's FOMC events price action finally pushed down into the area that I was willing to buy at. Although i didn't get filled on the initial push (due to...
GOLD is rallying. It might end up retesting the up trend line. There it will find a good resistance area which might push the price back towards 1128.00.
The price of EURUSD finally broke the upper line of the Descending Triangle. I am expecting a drop, confirming the ascending channel, but the general direction on medium term is still up.
We might see a pullback for the EURUSD before hitting 1.2900. A local support is found at 1.1230, and the next at 1.1215.
Between 2.14 and 2.13 is a strong resistance. Pullback to 2.17 possible. Otherwise downside 2.11 possible.
Hey gang, first of all thank you for all of the great comments on yesterday's youtube video "How Do Know If My Trading Strategy Is Failing" (www.youtube.com) You guys said that you've learned a lot and please continue to let me know exactly what that was in the comments section on Youtube. Today I've got bearish cypher patterns on both EURJPY and EURAUD on my...
Happy Friday traders! A lot of my radar today but I wanted to focus on the EURUSD since I know that’s a pair that many of you are tracking especially those of you who accepted my challenge from yesterday’s YouTube video. ( www.youtube.com ) Personally I’m still bullish from the Gartley pattern earlier this week, but if I weren’t I’d be all over the bull gartley...
Entry over the 75.10 area with targets into 78 and 83
The USDJPY has traded back into previous structure & is currently consolidating at the resistance level. To most traders this opportunity would have SHORT written all over it but I’m actually looking in the other direction. For those of you who I work with on a regular basis you know how I feel about the personality of the USDJPY and how it moves and looking on...