Trade setup : Short on AAPL SL : 129.21 TP 1 : 123.70 TP 2 : 116.45 Fundamental View : Last Apple Keynot was a no event. No news = Bad news. Technical View : Triple-top pattern Pullbacked on last downtrend support No big support before 123.70 level Best of luck, Serge
Trade setup : Long on NZDUSD SL : 0.7080 TP1 : 71.90 TP2 : 72.55 Technical View : 4-Hour chart : A nice pullback on the last downtrend resistance of NZDUSD with a inverted head & shoulders pattern formed suggest that the NZDUSD may correct upward. 1D chart : Bounce up on downtrend resistance MACD uptrend signal Best of luck, Serge
Hi everybody ! Today, I propose you this nice 8.9 Risk/Reward ratio on EURAUD.The pair has bounced below the downtrend resistance and 0.618 Fibonacci level. Moreover we have a bearish divergence on RSI. Bulls may take their profit at this level and the EURAUD downtrend might continue. Trade setup is on the chart. Best Regards, Serge
------Update 13/05/15 01:00 CEST------- Wednesday publications could lead to important movement on this pair. I recommend not to trade this idea. Best Regards, Serge ------End Update------- Hi workmates ! The impulse long wave of EURUSD seems to have some trouble to cross over 1.13-1.14 zone. According to Elliott Wave theory we are starting the C-correction...
Hi everybody ! USD has been the strongest currency since the end of 2014 summer. Does the speculation on the dollar is ending ? We are close to know it. After FOMC Yellen speech saying that FED won't be impatient to raise rates until economy recovered well could left the dollar uptrend out of breath. Moreover the stock market pressure could push Yellen in...
Dear workmates ! Last week, we saw a nice correction of the strong dollar uptrend. This correction may be over for now. USD will probably trend up this week particularly against Yen. DXY 1D Timeframe View : We have a strong MACD divergence on 1D timeframe of DXY giving a nice long signal on US Dollar. A falling wedge is forming indicating a nice long term...
The strength of the downtrend has been confirmed. Two rising wedge are close to breakout. A daily close below 0.5621 may confirm this short trade. Rejection of MA 26 and MA 58 on 4H timeframe. Best Regards, Serge
Hi everybody ! Following the downtrend move of AUS200, I think bears will pressure SPX500 down with GDP release. On the technical view, we have here a H&S pattern with a strong MACD short signal. I'm already in. Best Regards, Serge
Hi everybody ! Today I propose you a nice buying opportunity on Crude Oil. The last Dollar downtrend didn't affect oil market. I think there is here a nice divergence to take. The price of oil could lead up soon. On the technical view, we can see a nice consolidation of the spring strong uptrend and we are close to have a MACD buying signal. Moreover the 26-MA...
Hi everybody ! Since my monumentally failed last trade on CHF due to an unexpected SNB's decision , I come back with this trade which could be, I hope, a good one this time. Considering the situation with Greece which seems to get better we could see a nice move up on EURCAD. On the technical view, we are at the bottom of a falling wedge which could end with a...
Hi everybody ! It has been a while since I didn't post any idea on TradingView. I come back today with this nice buying opportunity you have on CHFJPY pair. On january 15th, the Swiss National Bank (SNB) decided to abandon its fixed exchange rate with euro. It created a strong mess on the market and lot of traders made big losses. Now that Swiss Franc is free of...
GBPUSD is on the line to decide the direction of next trend
Dear fellow traders ! Eurozone shows some weaknesses to keep a strong Euro. As we already know European politicians seem a bit confused about a way to fight unemployment and inflation rates at the same time. But a decreasing euro price could leads to a nice increase of external demand to European goods and stimulate exportation. Moreover the international...
Dear Traders, Last week have been very profitable for traders who where long about Gold. We've started the week with a big selling pressure after a long week-end where people were doubting about gold overvalue. This strong sell has broken all stop loss tickets. Now that this storm pasted we are able to see more clearly what is going on'on Gold. We are actually...
Hi everyone ! Today, I publish this chart to you. My trading sheme is a long confluence with a bull trend which is progressively loosing its bull wind. Target for shorts : 1.6895 SL : 1.7234
Diamond forming, option case, high probability to see an upbreak candle soon.