nerdy007

nerdy007 Updated 

We could see a bounce at the trend line that corresponds with the Support Will be monitoring the trade very closely with more updates on the World and US economy!

nerdy007 Updated 

The rate of Bonds is at a very interesting place as highlighted in the chart! In depth exploration in the video below: youtu.be

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The price is about to start moving higher on the count of the broken pattern.

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Pay attention to the highlighted areas for a bounce or break. Detailed explanation here: youtu.be

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Gold should hold below 1300 in order to confirm the downturn. More detail in the video: youtu.be

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The first trend broke, we are still looking at the trade in a bearish manner because the price has not climbed higher and it was caught within the back of the trend line still. this is bearish territory. We are looking to go down with the price. stay tuned for updates

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We are likely to see a drop in the price of Gold at the resistance point as highlighted in the chart. The validity of the thesis will be confirmed by a Trend line break to the downside. If price holds above resistance, the position will be revised.

nerdy007 Updated 

Looking to see if the trend line breaks and to see what will happen at the level of support. The price is bearish and BTC could come to touch the 3000 price line. This will be a follow through for a trend line break.

nerdy007 Updated 

We are looking at a long-term chart that will tell us a lot of information that corresponds to the world economy. Pay attention to the highlighted areas for a bounce or break! We will keep an eye on the 2.400 AREA should the price break down further. * the area with the most momentum is currently the short side because the US economy is fundamentally...

nerdy007 Updated 

The price was recently body slammed. The drop landed on the previous gap that is a natural price magnet At this zone, there could be a break of the Level. If this happens, we want to be short. All the while, account protection is the key! The key to good trading isn't the ability to find and call all the levels. The key is to find ways to consistently make money...

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Price is bullish. Price should hold above the 1250 zone in order to confirm the uptrend. Price may or may not make it there. Looking for momentum candles that perforate the triangular trend zone at any given time.

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Price should hold below the 1.290 zone

nerdy007 Updated 

The price hasn't broken the trend line yet but we are going to initiate a short position once the trend is broken. This is a simple and easy way to trade forex. If you can do this in the right way, your results are limitless. T

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Gold is holding steady. As far as the price action is showing we will still want to see some bearish price action and a reason provided by the tape reading. The most important factor is to know the key to getting the challenge of price of commodities weighed against currencies. Gold used to be real money until the Bretton Woods agreement was removed. The reason...

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The Dollar DXY is very strong and it has been maintaining the upward momentum. Looking toward the heights in the highlighted area. This shows how the pair is finding strength. It will be great to see how the price will actually formulate a movement that results in profitability. The main issue here is to find a way to make a consistent profit in zones that we...

nerdy007 Updated 

Note the broken level signals that price is currently in a downtrend. We will look for a slowing in momentum then a clear sign of a reverse in momentum. Momentum is the same as volatility. Volatility is violence, the fight of the bears and bulls. We are always looking at places where we can buy and sell from places of strength and weakness. The great harbingers...

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The dollar is the global indicator for all stocks, commodities, bonds, currencies and economies. It's very important. The dollar is bouncing at the trend-line and maintaining it's upward trajectory. Our thought matrix is an IF-THEN scenario. This is the way of a sagacious discretionary trader because the market operates in an environment of uncertainty,...

nerdy007 Updated 

We could see this triangle break for a short term long trade. the price resistance is $55 thereabout. Oil is predominantly SHORT until the uptrend is confirmed.