Dollar Index DXY Update The dollar is still in a medium term downtrend and currently making a small continuation pattern inside an inverted flag before falling away again. It should halt here at 93.78 and at very best as it reaches 93.99 and spikes into the upper parallel controlling this little consolidation period for the dollar. Gold becomes a buy at...
GOLD : XAUUSD Update Continues to grind higher on a weakening dollar. It's a nice trade if you get the push and pull here...loads of bears who haven't looked at the dollar (muppets), they are the guys going to keep buying us dinner. The dollar is just completing a another failed counter-rally and this has pulled gold back into the buy zone again around the...
Having totally blown most players clean out of the water with the biggest fake out in history, it's getting ready to go again - if you are. .. it's come back to exactly the same levels that the Chinese were buying at last night...7077... put a buy order in at 7090 with stop about 50 points lower and it may get filled later on if it comes back to make a double...
USDJPY after the quick movements from bottom edge of range to top edge, backed to bottom edge and again moved upward to top, finally went upper but it stopped at last local high appointed in 6 october 2017. Price has backed from this level to the range. We are expecting that price could back to the bottom of range so we have opened short inside the range. Target...
Using a Wyckoff view the EURUSD has completed the jumped of the creek and we are now looking for a back up to the creek in phase D. A volume climax is seen and the uptrend stride has been broken. A low volume pullback to the creek is anticipated before the start of the mark up in phase . Distribution is seen on the daily time frame also confirming the pullback.
Recently listed tokens can make good trading candidates. Everything you need to know is printing on the daily charts. A low was formed and two previous days were counted backwards to enable green line to be drawn to the right hand side. This is count back line analysis being used to identify a buy signal. A buy signal is a close of the daily candle above the...
USDEUR: Having given up all its gains USD is back on support and is a buy as per update to last comment with stops beneath the lows, ready to reverse if broken
BITCOIN: BTCUSD Conflicting signals right now but looking like the continuation pattern will win out against the rolling top formation at present
Bitcoin: BTCUST Update - Must continue to hold the lower parallel - in buy zone with stops below 2500
BITCOIN: BTCUSD Back in the buy zone at 2500
Bitcoin: BTCUSD Each decline has ben about 80 points which means Bitcoin is back in buy zone at 2000 with a stop at least 10 points below here....just below parallel... Only if it breaks below here will the trend turn down temporarily.
DXY: Having wriggled free of the impulse wave the Dollar Index The Dollar has slipped into short term neutral - but it looks like a continuation pattern so far and will stay that way whilst 97.75-6 cannot be breached on the upside.
WTI Spot: USOIL Finally WTI has come back to test the old support shown on chart - it should rally from here - but with a fairly tight stop because if it breaks below today's low by more than 5 pips it will necessitate reversing postion for quick fall to 48.01. It's a good either way bet for the cold calculating trader..."Good traders close positions when wrong....
BITCOIN: BTCUSD The bulls are back in control of this stock today whilst it holds above the upper parallel. This little consolidation is likely a continuation pattern pointing to the upside - that continues to be the case whilst it holds up above that parallel.
Bitcoin: Another test of the highs underway. This comment is already a little out of date - written and thought it was uploaded yesterday but some glitch and was out so never picked up on it until now. Doh. Anyway, the call has been good so far, so see no reason to pull it even if a little late now - it should hopefully complete the final part of the rally today....
Facebook: If you're not already long of Fb because you thought you maybe missed that boat, you're wrong. This has so much further to go but only about $1 downside from here. Last change to get long or pyramid winning positions from current levels.
Bitcoin now stabilising and a speccy short term buy
Im going against the rally of the dollar and bullish bias of this pair looking for a nice retracement short. Rejection on and break back into the previous longer trendline Also we have a BB% trend break wich validates this idea.