Shido641

Shido641

OANDA:GBPUSD order placed now with a tight SL for a decent profit. I acknowledge that this could blow right past the SL as we had good momentum today; however after closing my longs today, i seen really heavy resistance on the 4 hr which leads me to believe there were sell orders in that area as that was not your usual taking profit moves Also on the retracement...

Shido641

Based off Elliott wave theory we see the possible outcomes and dates at which we may see this. I was testing a previous wave and sure enough the theory was correct and hit 91c, perhaps its just coincidental that it came at the time that Biden announced the taxes. Nevertheless, I actually would have personally thought this would go much higher than this (it could...

Shido641

Rode a nice wave down for some big profits from yesterday to this morning. Will be looking to opening a buy if the market finds support at areas shown in the chart. I may just enter the market if i see multiple 4 hour support wicks on the line. Makes for a good R:R

Shido641

So see my 2 previous sell positions, which hit TP this morning, i realized that i should have pushed my TP lower before i went to sleep last night but hey profit is profit. I waited for a pull back and took another short. If you look at RSI you may want to wait a little while before entering the market. A short in the 1.359xx range would be good. I am not a...

Shido641

Expanding on my last ideas this was healthy to continue the bull run. We still have a hellova long way to go to new highs but that i will leave for another day on where my price targets are. Nevertheless, if you look at RSI we leveling out from a overbought state and hitting very close to our 618 mark on our fibs so we have a high probability that we will start...

Shido641

It is healthy as mentioned before to get a retracement so as to not go into a full blown over bought state. As circled on our RSI we leveled out in a more normal range before moving further up also conforming to the bullish pennant. According to what i am seeing, this may play out further and continue up to a dollar which is in conformance with my previous view...

Shido641

So what i am basing this off is the fact that majority of the time there is a pullback on candles there is always a chance the market will try to revisit the peak of the last candle and in a strong bull or bear trend, it would break the resistance or support respectively and continue. Based on this chart, looking at the further push we had after the 1st pull back...

Shido641

We have yet another analysis on TVC:SILVER Read the comments on the chart. This may be a low risk trade with a tight stop loss. Looking at the bigger picture. Shows that the time to close may be above 33 dollars. Good luck all.

Shido641 Updated 

So as you can see, this continues on from my previous post. The wait is almost over. The time and price is in the chart of where i would like to enter. The nice thing is we still watching and being patient before entering. As per my last post, the market was extremely volatile so now the market is starting to find its next supports. I believe around 25.6 would be...

Shido641

So it's easy to say i called it when there is no evidence except a couple of close friends. But i called it friday that the market would fall and hard. I think we should stay out the market till around Thursday - Friday. If we hit the blue line and bounce of it. It will be confirmation of the trend. I believe we could see high volatility for the rest of today and...

Shido641

Have been in a long for the past couple days. I am currently in this trade and it seems that today has brought extremely small volumes and very little volatility. So i closed the long position at 1.0951 and opened a short almost at the same price i closed the previous. I will be closing this position next week or if i my stop loss hits; which ever comes first....