GDKLockout

GDKLockout

So OK. I was wrong the first time about the break out on this market and it cost me 100 pips. I learned the "wait and see" lesson (again). And a lot of the other traders did predict this spike back up into trend before the bear run. However, what to watch for? So this newly formed head and shoulders gives us its neck line on old support/resistance which is...

GDKLockout Updated 

Im very excited about this one. Fundamentals: Very political, I wont go into it here, have a read of the news. Hint... Solar energy, Electric cars, AI tech, Oil supply/demand and gov policy, Technical: 50% retracement of the Jan 16' big sell off finished with a double top. Perfect to the pip. The retracement completed the very beautiful 5 wave pattern in the...

GDKLockout Updated 

A tidy little trend line break on the 30 min chart. Lots of fundamental indication of continual bearish pressure. Failure to breach the 16500 area is a secondary confirmation. good RR at 1:2 approx As a conservative trader ill be taking profit at the most recently broken resistance at 16.126. with TP set to 16130.

GDKLockout

A lovely long going on here with 1:2.5 RR. There has been a very neat and tidy 5 wave bear tend that has just come to an end today. Lovely bullish impulse in progress including a retest and bounce from the trend line. My targets are just shy of the top of the bear wave and correspond with previous strong support from back in November. Due to the strength of the...