Gold prices decreased at the start of trading in the US today, as the value of the US dollar increased in the foreign exchange market and yields on US Treasury bonds rose. This led gold speculators to look for safe havens elsewhere. Short-term technical analysis of the precious metal has also worsened.
Clear progress in US debt negotiations could increase...
Traders,
As stated yesterday, pending Bitcoin price action, I may unload my Alts for profit/break even. All I sold just now (algo, audio, xrp) was barely in the green. But at least is wasn’t a loss. I do not like how the altcoins are responding rn to BTC’s H&S breakdown. As suspected, alts are mirroring the move down and should it carry on, I imagine alts will...
The stock that I like so much finally received FDA 510K on the Nanox.ARC X-ray system. As much as it been short-selled into the ground, I am still heavily invested in it, and I think many of the catalyst in terms of early market and tech validation have already passed. It may not be smooth sailing, but I am still interested in Nanox for the long term, and am still...
Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
To the big eyed and long nosed. The hunched back handicap
and everyone in-between.
If I'm not getting a boost with over 100 views then I
will slow down on posting these gems - show some
appreciation don't just snoop around here.
You're getting elite trading knowledge here and I have
no need to really be posting ideas and big ideas on here.
Falling Wedge has formed on Mc Ds
The price broke up showing strong upside.
7>21>200 - Bullish
RSI >50 = Bullish - Higher lows
Target $289.50
SMC:
Sell Side Liquidity was swept at the very strong support. Once this happened, Smart Money bought into the orders pushing it up.
Now it's clearly showing strong upside to come.
The price is still in Stage 1. Although internal consolidation looks bullish. Volumes are dried up when price pulls back and expansion when price moves up can be seen. The bullish spreads are also getting wider. Some traders will perceive the internal structure as inverted H&S, while some will see it as Cup and Handle pattern. Reminder - We still need a decisive...
Hey Traders Crude oil looking like it still trying to bottom to me but I don't think we are there yet. Supply and Demand fundamentals aside there is a strong seasonal trend that takes place every year in the energy markets.
So here is quick video about how to wait until the market confirms that a true high probability bottom could be happening!
Enjoy!
Trade...
In this video I take a look at the EUR/USD and what levels are being watched for potential swing trading opportunities. Today was pretty much flat but I see a possible buying opportunity on the horizon if the EUR/USD drops into the pivot zone at 1.05085.
Trading Tip #1 - Always manage your risk
Trading Tip #2 - Stay Patient and wait for your opportunity
Similar to my previous post on the Monthly.
These are my HTF projections So obviously, there's not much detail on them but I am a swing trader and I like to project from the monthly downwards as there is a lot that is missed if you don't analyze from the monthly down in my opinion.
I have deleted the monthly fib because it clutters my chart but keeping this in...
Price is now hovering in a Fib from the previous high on the Monthly TF. It has reacted to it and dipped but I'm not too sure how it is going to continue reacting for the time being. I only trade 1 or 2 pairs max at a time and GJ is one of them but i won't be entering until it breaks out indefinitely or shows me some kind of direction/bias.
It can either respect...
