Strong support @ 1.07200 Looking to hit .786 fib retracement
NWL seems forming a Flag formation in hourly frame. If it act nicely it will hit around $48 which is long term down channel resistance line. Trade Criteria Entry Target Criteria- Break of $46.70 Exit Target Criteria- $47.89, $48 Stop Loss Criteria- $ You can check detailed analysis on NWL in the trading room/ Executive summary link here- www.screencast.com ....
we believe price will land above the horizontal l ine at 4 PM EST
Price may trade below the horizantol line but our forecast is that price will land above 1.046034 at 4 PM expiry.
Possible gold for the next few hours. I am anticipating an initial drop past the Low of 1151 and then rebound up to break the downtrend line for good. I will go long if it breaks 1165 and go from there :)
EURUSD is slow ahead of FED, looking more and more like a triangle in wave B that suggests a push higher into wave C towards 1.0700 area. We know that triangle occur prior to the final wave within a larger trend, so we know that upside is going to be limited, ideally after the FED decision today at 19.00GMT. A Triangle is a common 5 wave pattern labeled...
I was bearish on DXY until I came up with a new outlook. This charting is still possible. I'm not trading US currency for now nor gold. Just sitting on the Sideline.
Next days Dax up near 10800 after go down until 10640 less or more and retest to 10720 ( sharks atack ) and go down again near 10560.
Long until 10500, after retest to 10400 to tomorrow. To next week long near 10600. ( Monday analyze again )
So far so good, last 4 trades got me nearly 80-100 pips each. **** Exit when see next green HA bar.
Tick-TIck-Boom Strategy used for "Anti USD" currencies. If bar closes above the line without touching the line buy, play is good for 100 pips, however, there could be more depending on price action. Sames goes for below the line. If a bar closes below the line without touching, sell. PLAY CANCELS at the beginning of the day, however play can also continue from...
After seeing a strong move to the up side, we see this pair move into a 100 pip ranging consolidation. Short EURJPY on the break out and close below of previous support @ 116.89 77 pip target (one) Target (twos) ??
AUDUSD:The last trading day of the week
Day trading after the opening of the preparatory work 1, to determine whether the market today is a unilateral or shock - the price in the 3 minute chart 30 minutes the highest price and the lowest price between the region up and down the volatility of the shocks, a breakthrough may occur. 2, judge the midline trend - if the 60 minute chart trend is up, as far as...