XAU/USD Intraday: choppy. Target 1959.00 Pivot 1965.00 Our preference Short positions below 1965.00 with targets at 1952.00 & 1947.00 in extension. Alternative scenario Above 1965.00 look for further upside with 1973.50 & 1979.00 as targets. Comment As long as 1965.00 is resistance, look for choppy price action with a bearish bias.
SPX500 Intraday: turning up. Target 3384.75 Pivot 3354.00 Our preference Long positions above 3354.00 with targets at 3396.00 & 3413.00 in extension. Alternative scenario Below 3354.00 look for further downside with 3336.00 & 3298.00 as targets. Comment The RSI is bullish and calls for further upside.
HI Traders, Firstly I wish you a profitable week. Please go thru my analysis, and what you will notice is that the bullish inclination of nas just before the covid19 drop was not as steep as the inclination from 20 08 2020 to 02 09 2020. so the bullish behaviour just before the 03 drop will surely tell us that the price was faster than the time taken to get...
This is our view on the current state of the sp500 index As per the chart above tells us that we are in a clear downward channel with lower highs and lower lows we have used various ACW Strategies to determine the optimal buy and sell entry levels for the current price action we see a high possibility of price heading towards the sub 3300 level we have a...
Hi Traders, can you believe how nasdaq100 is behaving. Great right? only great if you saw the support being broken and took the sell trade and filled TP1 and TP2. so if you did you could have made a minimum of 233 and 400 pips, which is easy over $600 on a 1.0 lot size. Anyway Traders, follow the signals of support and resistance on the video and take your...
Hi Traders, can you believe how nasdaq100 is behaving. Great right? Only great if you saw the NAS support being broken and took the sell trade and filled TP1 and TP2. so if you did you could have made a minimum of 233 and 400 pips, which is easy over $600 on a 1.0 lot size. Anyway Traders, follow the signals of support and resistance on the video and take...
SPX500 Intraday: the upside prevails. Target 3584.00 Pivot 3555.00 Our preference Long positions above 3555.00 with targets at 3595.00 & 3610.00 in extension. Alternative scenario Below 3555.00 look for further downside with 3536.00 & 3524.00 as targets. Comment The RSI shows upside momentum.
NAS100 Intraday: further advance. Target 12420.00 Pivot 12345.00 Our preference Long positions above 12345.00 with targets at 12460.00 & 12530.00 in extension. Alternative scenario Below 12345.00 look for further downside with 12240.00 & 12160.00 as targets. Comment The RSI is bullish and calls for further advance.
HI TRADERS, FIRSTLY CONGRATULATIONS TO ALL OUR MEMBERS THAT HAVE TAKEN OUR SIGNALS AND HAVE FILLED OUR CHAMPIONS TP'S. I KNOW THAT THIS WEEK WILL ALSO BE A GREAT WEEK FOR OUR TRADERS. PLEASE ENJOY OUR TECHNICALS AND COMMENT TO HELP TRADERS. LASTLY CHEERS TO YOUR PROFITS !!
LAST WEEK WAS 4 OUT OF 5 DAYS BEING BULLISH. SO ITS EASY TO SAY WHO WON THE TUG O WAR BETWEEEN THE BULLS AND BEARS. HOWEVER, WHATS NAS PLAN FOR THIS WEEK. WELL TIME WILL TELL BUT NOTHING CAN RUN UP NON STOP. IT HAS TO REST, AND WHEN THE BULLS REST, THE BEARS WILL GROWL BUT FOR HOW LONG. MAYBE FEW HUNDRED PIPS THEN WHAT? BULLS AT IT AGAIN? MOST LIKELY. SO...
Alpha Capital Wealth South Africa SP500 Introduction to Important numbers performed on the weekly chart for ACW Junior Core Members
HELLO FELLOW TRADERS, LET TALK NASDAQ 100. WOW TODAY NASDAQ SHOWED HOW IT SUPPOSED TO BEHAVE. ITS CHARACTER AND TEMPERAMENT AND BEHAVIOUR. ALL MEANING THE SAME AND ONE BEING NASDAQ100. MANY OF US EXPERIENCED TRADERS KNOWS THAT NASDAQ RESPECTS AMAZING NEWS AND BITES BACK IF IT CAN. SO TODAY NASDAQ100 HIGH AND OUR LOW BROUGHT US TO HUMBLE OURSELVES. ANYWAY...
A Deeper look into price action for the week ahead Alpha Capital Wealth Market analysis part 1 Reading the tape Today is Tuesday 4 August 2020 We looking at the daily chart of the spy or spider Which is the proxy for the spx500 What do we have on the table today ? Well despite the narrow range market We had all day today We have a lot on the...
This method adopts everything we learn at ACW the circles are convergence points and confluence areas
I GOT THIS BULL RUN BY THE HORNS. WHO IS WITH ME?