StockSniperTrading

StockSniperTrading

This was a NAS100 Sell Entry Trade Idea for 115 PIPS profit on Thursday July 15/21 Please follow the ABC Breakdown to understand the psychology of this trade A) Nas100 was in an area of consolidation (accumulation/distribution) where price action was trading sideways B) At 10:15am EST, we had a bearish breakdown at a key support level 14880 C) We initiated a...

StockSniperTrading

EURUSD likes like a nice buy as its respecting support levels See chart for Entry and Take Profits

StockSniperTrading

ALRN is Hot right now and posted big gains in After Hours Friday, we should see continued momentum and further upside

StockSniperTrading

We setup the chart and followed the bullish breakout on the US Dollar Index (DXY) causing Gold (XAUUSD), Pound Sterling, Euro and the Canadian Dollar to selloff tonight

StockSniperTrading

The Euro has been very bullish since March of 2020 making a most recent high at 1.23500 last week. The EURUSD retested that high and got rejected for the second time creating a selloff. On Thursday, we saw a Bearish Engulfing candlestick completely engulf previous days bullish candle. The following day, bears continued the trend where EURUSD opened below the...

StockSniperTrading

The Pound Sterling this year has been bullish with the decline of the US Dollar. GBPUSD made new highs at 1.37039 and has recently seen selling pressure to 1.35549. The daily chart shows us that GBPUSD has rejection wicks and making lower highs continuing the bearish momentum. Last week, it found some daily support around 1.35300. Friday however, closed with a...

StockSniperTrading

The US Dollar Index has been very bearish since March of 2020 when Coronavirus escalated globally and in a bearish downtrend. However, the Daily price action has formed a support level around 89.220 and looks to build some bullish momentum on the past daily candles. On Thursday, bulls managed to break the daily trendline and close above it. The following day,...

StockSniperTrading

GOLD (XAUUSD) Daily Forecast This past Friday January 8, Gold sold off from $1917 to $1828 as it broke its daily uptrend. Bulls stepped in and bought at $1828 where they managed to close the trading day at $1849.81. The 4 HR candlestick closed with a Piercing Line pattern, which closed around the midpoint of the previous 4 HR bearish candlestick. Look for...

StockSniperTrading

With GBPJPY looking like its getting rejected at the top of the zone, we are thinking that it could be a nice short on the 4HR timeframe. we have given 3 TP's which if one of them hit you can take partial profits and let the rest ride. One tip is starting an initial runner at 0.01 and see if you're going in the right direction. This tactic allows you to be able to...

StockSniperTrading

USDCHF is at a low on the 4hr and unless there is a gap down we don't really see this going down and testing the low again. This is a long position trade idea so please keep in mind that there is nothing wrong with taking profits if you go up a good amount of pips.

StockSniperTrading

In this Trade Idea we have set up here on EURGBP we see a clear "M" pattern forming. However, because of the weekend and Holidays this is just a trade idea that is set up. When the market opens we could see some crazy Gaps either up or down.