PAIR: EURJPY TRADE: CYPHER PATTERN POSITION: BUY TIME-FRAME: 1HR -------------------- What a month it has been for patterns. During the Star Live Trading room, we've seen pattern formations all over the markets and have been a result of new equity highs. For other pattern lovers like myself, this month has been a powerhouse for these moves. When I...
Yesterday we tested midpoint of the current range we are in on the daily, so far was a look below and fail. End of the day rally buyers were able to bring the price towards the T+2 low for today. All the sellers were taken out lower and in Globex be broke into the T+2 range and over out 3931.75-3927.25 Key Resistance, this morning we hit our next Key Resistance...
Bounced off-key level of support in FIB, RSI is starting to point up, on balance volume is still pointing down, the stock had good news today, MACD hasn't switched over, has unusual call volume. Possibly room up to the 9 SMA. Disclaimer: Stratford Research newsletters reflect the research and opinions of only the authors who are associated persons of Stratford...
USDCAD broke 1.29800 support on the 1H Timeframe & now looks to head to its next support which lies in the 1.29160 area. All the trade criteria have been met, have a look at the main chart for all the trade instructions and levels. Shall there be any updates, i shall provide them in this thread. cheers
Hey tradomaniacs, DAX (Ger30) looks pretty bearish to me and could fall very soon in order to follow the US-Indices. So far price has been more stable, but orderflow aswell as technicals do look bearish to me and we should see a drop very soon. What do you think?
USDCHF broke the lower support on 1H charts and could be headed lower towards the 0.99000 level. check the main chart for trade details. Any updates would be provided in this thread. Trade safely, the RR is 1:1. Cheers
Hey Tradomaniacs, AUD/CHF has just retested the trendline of the current downtrend aswell as a very strong resistance-zone. Due to more risk-off a yammi setup with tight stop-loss. What do you think?
We can estimate with a 75.5% confidence that the volatility for today is going to be below 3.07% for this the market will stay within TOP 2830 BOT 2660 All of this being calculated with the opening value candle of today or yesterday close daily candle From the funding rate point of view, the shorts have to pay the funding fee to the long positions, giving us the...
Hey tradomaniacs, NZD/USD is likely to fall duie to the risk-off in equities and the strong US-Dollar. Technically we`ve seen a fake-move to the upside and now a break to the downside. The recent re-test could give us a nice opportunity to sell the next rally. Let`s see =)
Hello, Please remember to factor in if the trade posted is a DayTrade (DT) or SwingTrade (ST). To eliminate any confusion all of the Title's should include one or both DT / ST. PLEASE REMEMBER TO NEVER FOMO IN! I'm here to share my thoughts and also receive feedback so please leave a comment if you agree/ disagree/ or just wanted to talk about a different...
Hey tradomaniacs, technically we are getting a nice chance to short DAX30 as price has hit a strong resistance-zone inside the trendchannel. Fundamentals: Market only pushed up as Jerome said 0,75% hikes are not considerable. Marked enjoyed that as it would have been the only surprise that wasn`t really priced in, but a rumor or expectation by some banks....
Hello, Please remember to factor in if the trade posted is a DayTrade (DT) or SwingTrade (ST). To eliminate any confusion all of the Title's should include one or both DT / ST. PLEASE REMEMBER TO NEVER FOMO IN! I'm here to share my thoughts and also receive feedback so please leave a comment if you agree/ disagree/ or just wanted to talk about a different...
Hey tradomaniacs, GBP/USD just re-tested a key-resistance after the breakout of the secondary trendline (correction) and is likely to fall due to flipping in the orderbook. Be cautious as its bank holidays - use wider Stop-Losses or trade tomorrow! Interest-rate-decision this week could obviously change everything! What do you think?
Hey tradomaniacs, NZD/USD just tested a strong key-resistance-zone and is likely to fall due to a reload of sell-limits at the top combine with weak aggressive buyers which are not interested to lif the offer yet. If those don`t get filled it is likely to see a drop here.. at least another correction of zones of more open interest. What do you think?
Hey tradomaniacs, in confluence with my expectations for a falling stockmarket I expect EUR/AUD to break out of the current correction very soon, especially after the recent stop-hunt to the downside which is often a final move before the price turrns around. There is a chance to see a re-test of that hunt-zone, but overall I expect price to move up very soon!...
New Strategy to enter in the following hours and get some money for the weekend. -Long position (scalping) -Triangle showing the starting point. -Label indicates entry exist and profit points -Arrows show length of the trade -Risk ratio 5:1 Simple but effective: Ex: 100 win 50 loose 10
PAIR: USDJPY TRADE: BAT PATTERN POSITION: BUY TIME-FRAME: 1HR -------------------- I trust everyone has had a wonderful and lovely day, or evening, depending on where you are in the world. Today I am looking at an opportunity on the USD/JPY, in the form of a Bat Pattern on the 1hr time frame. Going to be plenty of opportunity this week and...
Jerome Powell, chairman of the FED yesterday basically confirmed a May rate hike. But ask yourself seriously - Is inflation going to go away due to this? Will this save a bleeding economy? Gold practically called the bluff on FED's comments AND the rising bond yields. As you can see, post FED meeting we have the Gold keep the support trend-line since the start...