Hi Guys, following last Friday's big move, let's see how week 9 commence before adventuring into the jungle of intraday/intraweek noise. Last week price closed below 1300 and momentum may drive price lower than 1290 early on Monday. In this case support at 1276. However price could also travel inside the black box at least until mid-week before deciding which...
Hi Guys, ...last Friday US Oil hit 58 level again after Trump's tweet but also dropped again to find support higher than previous one at 55. Price may be entering an horizontal complex correction period between those bounderies (H58-L55) made of a combinations of double and triple threes. Strategy: Wait & See if the SMA pushes for a potential BC leg of a...
Hi Guys, before we start, in order to understand the bold red line crossing this chart, please click & play the following structure: Yes! Price dived right into the upper bold red line of the structure where it seems to have stopped now. As you can see A ends the Bull Run commenced on Aug 16, 2018 before diving right into the upper bold red line of the...
Hi Guys, following my previous post which I strongly reccomend to click & play in order to watch the move unfold and especially to see how price tend to cut you out if you don't get the right timing. Price moved between the two SMAs for the last time on Wednesday before coming down pushed by the 103 yesterday. Data reports and news helped Gold exit those...
Hi Guys, this market structure captures the bullish run (figure 1) made by US dollar since mid-April 2018 from A to B. (This is not just Cozzamara saying so but Morgan Stanley, Credit Agricole and Goldman Sachs among a pool of other banks that back in November 2018 thought the greenback’s strength was waning). And they were all right! In fact US Dollar Index...
Hi Guys, after finding support with a double bottom at the end of January the US Dollar Index bounced from A to B. This run was supported by the 50SMA and topped on Feb 15th. After making B DXY crossed & re-tested the 50SMA that is keeping it down. Price corrected approx 50% of the run from A to B before re-testing the 50SMA. Despite RSI is below 50 line price...
Hi Guys, I've adjusted the periods of the SMAs by adding 50 to both. Price crossed the blue horizontal line and is encountering various supportive elements from a technical point of view. If it crosses back the blue horizontal line in the next 2 to 4 candlesticks I will set up short-term trades targetting the red line when it crosses the 103SMA. If it does not...
Hi Guys, arising tensions in Venezuela may escalate following the event organized at the border with Colombia. I hope things won't get out of hand but if they do, Gold will probably exceed B. The above chart has been divided in weeks. Vertical lines represent the start and the end of the weeks. The end of next week is marked with finish flags. During the week...
Hi Guys, here below the same moves made by DXY: Thank you for following and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities...
Hi Guys, following my related post linked below, here a similar scenario for USD/JPY. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment...
Hi Guys, following my related post linked below, here a similar scenario for Gold. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice....
Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully...
Hi Guys as alaways please find below the "correlated" moves on GOLD but in the opposite direction: For potential opportunities please also view the related ideas linked below. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in...
Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully...
Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully...
Hi Guys, as always, please find below the moves made by US Dollar Index (DXY) during the same period. Vertical lines are same dates in both charts. Thank you for following and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for...
Hi Guys, as always, please find below the moves made by EUR/USD during the same period. Vertical lines are same dates in both charts. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational...
Hi Guys as alaways please find below the "correlated" moves on USD/JPY but in the opposite direction: For potential opportunities please also view the related ideas linked below. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained...