trading2day

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Joined Greece alexanderYf
Markets Allocation
67 % commodities 33 % other
Top Mentioned Symbols
XAUUSD 33% | 1 DX1! 33% | 1 W1! 33% | 1
trading2day trading2day W1!, W, Long ,
47 0 1
W1!, W Long
Wheat bullish at lower wedge area or on a breakout above it

With oscillators diverging I will be expecting Wheat to reach 380 or lower again to look for long positions expecting finally a breakout out of the long-term wedge pattern. On the other hand if the low is already in, I will be waiting for a break out above the wedge and above the weekly Ichimoku cloud to go long. The upside is expected to be explosive. For now I ...

trading2day trading2day DX1!, D, Short ,
98 1 1
DX1!, D Short
Dollar longs prepare for pull back

The Dollar index rise of the last few sessions is near completion if not already finished at 101.47. A pull back towards 98 is expected at least if not a full scale reversal towards 90. This bearish view will only be confirmed on a break below the blue upward sloping trend line support. This is not the time to be buying Dollar. On the contrary this is the time to ...

trading2day trading2day XAUUSD, W, Long ,
227 1 3
XAUUSD, W Long
Expecting wave 3 up in Gold to unfold in 2017

Gold price has most probably completed or is near completion of wave 2 down. Wave 3 up should follow targeting $1,400-$1,500. Confirmation will come once price breaks above the long-term red trend line resistance. $1,220-$1,170 is the area where I expect price to start the reversal.

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