shorts

Broke through thread line and now re-tests it. Resistance at price.....Possible short.

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In the screencast I show how I assess the probability and enter short. As usual, this is not a prediction - as I don't do predictions, targets, signals, or confirmations. I expect price to take me out at my stop-loss and I shall sleep very well tonight! :)) But if price moves in my favoured direction, I shall follow on a more suitable trend time frame to ...

Triple hit on trend line, RSI over brought and diversion. Also lines up perfectly with fib at 0.786 level. Great opportunity I would even eat my own shit if this goes long. Don't miss out! Please comment and let me know your views.

Last post: May 17th. See chart. Review: Price was trying to make new all-time highs. Update: The market has reversed since then and has now broken below a major support area. Conclusion: We need to see if price will remain below the support area then we can look for shorting opportunities. Any comments or questions, do not hesitate to leave them below. ...

Goldman Sachs has stumbled and now there is much debate out there about what next to do. As usual some are shouting "enter long now", whilst others are saying "stay out" etc. For me, it's very simple i.e. I just need to wait on a favourable time frame, somewhere between 2 - 6 hourly if I'm to go north. It's difficult to go short as there could be a rebellion of ...

Possible short after the retest.

ULTA had the last stand, amongst global markets heading south. But today ULTA was thrown off track. I've been stalking ULTA from 2016. Two years? No problem. Why? Because it was a risky one to go long for the last two years - and I didn't have the financial muscle to take it on. But in the last couple few days I saw a weakening of momentum, and made that judgement ...

Points System: Counter Trendline (20) Trading from Daily+ S/R (20) RSI Divergence (15) Total Points - 55

Here is what I see for GBPUSD. I see a head and shoulders pattern forming. The neckline of the pattern is inline with a support zone, if price can melt and turn support to resistance than we might get a drop from neckline to end of lowest point of H1 Support. Potentially we could see a bigger drop if you check 1D Chart and H4 Chart. Will also publish those ...

Eurchf short.

Wall Street was in a funny mood today. I show the daily time frames first and drill into the action on 15 min time frame.

Hi, guys I hope that you are all well! Typically at this time of year markets generally quite down due to Christmas approaching, however we are seeing some strong moves in the market across my portfolio and AUDCAD happens to be one of them. What I am looking for is bearish trend continuation following a pullback up into the most recent area of consolidation/range ...

Looking to drop back down to the bottom of the wedge, will be keeping a close eye on this just in case we whip back up after dropping.

Possible sell oppotunity on this pair. Wait for confirmation.

If you believe big media news headlines you'd be thinking that GBP is on some mega path of recovery. It ain't. The evidence is that GBP is in serious trouble as seen by most of the big daily trends. Unless something miraculous happens big trends like these especially GBPUSD create further probabilities for the south. But on the geopolitical-economic circuit, ...

This is what I see with GBPUSD. Going to wait for a confirmation at around levels 1.268-1.27. for a short position. If EMA65 and the support turned resistance can hold then we could see a big drop of around ~150+ pips. Daily Chart shows strong support and resistance levels at 1.27 also If we see a drop id say target should be at around 1.25 but could ...

Price broke trendline and retested it. Not the cleanest of breakouts and very choppy. If price breaks below whole number 0.76400, we could see a potential drop to 0.74.