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1. Strong support levels via big green candles near to level 2. We enter this trade slightly earlier (as we want to head to bed earlier than usual) while possibly getting the same returns over 8 hours. Will update soon!
WTI: USOIL Beginning to break down now and vulnerable whilst unable to clamber back above 51. Trend looks to be changing here so we move back to a bear tack looking for shorting opportunites whilst below 51 - stops for shorts need to be above 51.16 for now for small loss if wrong here
Now Dax has on good strong level to change short to long. Tomorrow and friday go up and go up near to 10700. ( Blue has the probably long pattern)
Now its a strong downtrend :) Lets take some Pips ^^
this good low risk high reward trade
DXY - USD Dollar Index could change Long RR Ratio >3:1
Economic data will accelerate the trend or change the trend, so do not bet on the data, unless you have a large floating profit
Here we have a completed Gartley pattern in the positive deviation area of the last 100 and 200 moves. According to my strategy , this market is likely to reverse down into the negative regression. As of right now, the market is retesting the high at point D and we should see a trade completion in the next couple of hours. Anyone that has been following my trades...
Background: Price found enough demand to halt its current downmove @1.46300 where the current minor rally broke the (red) supplyline indicating that demand outweight supply at this moment , the rally stopped near the current high @1.5552 which can bee seen as current resistance which needs to be overcome in order to speak for returning strenght to the market ,...
ADEP, or Adept Technology, is a robotics company focusing on industrial automation, as well as software and vision guidance. Recently caught in a downtrend, ADEP seems to be making a reverse head and shoulder pattern, which could be confirmed within the next week. On the 15 min chart, there is also a cup and handle forming which if confirmed, could trigger a...
Last 2 days have been a great deal for ZNGA fans - summarized status 1) Volume is picking up on 2 days in a row with great price movements 2) MACD has room to grow and is in an uptrend. 3) Acc-Dist has changed direction from a lont-term low favouring accumulation 4) Recent low is higher than the previous low BUT 1) With this, ZNGA has some psychologic...
The picture seems to be at the same place it was so many times before. So many indications of the price going down, and not so many up....but may be it is different this time. Check the chart and Bet on your own will - Long period trend is being touched and previously price went lower - @ top of Bollinger bands - Price right now in the middle range of the...