Armink

Armink Updated 

We are going towards the orange line on the higher TF (Used as a reference point), and we will most likely make a small move up (to the entry area). It is crucial to compound the move downwards if in fact it does go where we want it to go. There is a news event in 15 minutes, so my presumption is that it will hit my entry level.

Armink

www.barchart.com This analysis is based on Open interest, Commitment of Traders, and the price swing. As you can see on the link above, the commercials have been adding short positions since October 24, 2016 (since the price spike). If you look closely to the OI, there was a recent drop meaning that they are unloading short positons. This also lines up with...

Armink

For my own record keeping

Armink Updated 

=)

Armink Updated 

lets see how this pans out

Armink Updated 

this is for me to see how it pans out. lol This is not financial advice. Trade at your own risk

Armink

Follow me on twitter for explanations @princeofpipsia

Armink

Follow me on twitter @princeofpipsia for explanations

Armink Updated 

Short UCAD and short AU created a strong correlation with AUDCAD short. Follow me @princeofpipsia On twitter for commentary and analysis. Cheers

Armink Updated 

long USOIL, with dollar weakness. Follow me On Twitter for the analysis, @princeofpipsia

Armink Updated 

Follow me on twitter for explanations and ideas

Armink

just making a quick buck on this retracement, TP is at 0.5 Fib level. Adjusting my stops regularly in these volatile market conditions. Long-term Bullish, Short-term bearish,

Armink

Just waiting for confirmation that my trade is valid. Once in profit, I will be moving my stop losses to make my trades bullet proof. Cheers

Armink

There was a retest on February 12th, since previous price movements respected the channel, price is going up to the 12326 level. If you look at the XAU charts, you can see that Gold will be heading down soon aswell. Many confluences involved, just needs patience

Armink

As you can see on the chart, most likely it is going to hit the long term trend line since August 2015. If it the trade in fact gets into profit I am going to extend my target up to the trend line.

Armink

UC hitting the resistance level Lower lows, lower highs, MACD RSI Trend

Armink

Since oil prices are low in Canada, canadians are going to lose jobs since the country runs on oil,

Armink

Since Oil is down, Canada should be expecting some gains in unemployment since the country is basically operating mostly on its oil! low oil prices = more people lose their jobs. Unemployment level will be higher