Having taken a big backstep against the pound this week following the announcement of a snap election by the UK, I believe the Euro could take a bounce back towards the top of the range (.87), should the French elect centrist Macron, most likely in a second round on May 7th. Tight stops below most recent lows of .83, likely big volume coming in the next few weeks.
EURGBP at the end of the week sitting at the bottom of a well tested range. For the next 10 days, markets are likely to be preoccupied with Euro uncertainty regarding the French elections, and so are unlikely to see a significant BreakOut until after the 23rd, and potentially the 7th of May. I plan on buying at around .8445, with a first profit take at the top of...
I have a powerful signal here, bought breaking yesterday's high today. I had given up on Euro longs, and sold in disgust, which is a strong 'self-contrarian' signal. Whenever it happens, take heed, and act with haste after the market breaks a previous day high or low, since your exit. If you don't take the trade back, you will probably face one of those times when...
This setup for trade is based on history from 1998. Double bottom are like 2 drop of water (find vertical lines). Expecting EUR reach tops (dotted blue), because od French election. And from 120ish, Short and break 1000 points.
The dax has been retesting the 12000 mark in the wawe of usd growth following trump speach before the congress . That the Pivot point beetween making new high and confirming the uptrend or it s going to range for a while and then going back down . Seeing the dax working this level would make belive that something its going to decide for it's faith , either way ,...
e/u had very nice run friday afternoon during new york session , and gain more than a 100 pips wich is volatility we have not been seeing for some time . in a near future ( 58 days and counting ) first round of french election is going to weight a lot on the euro and might be the catalysis we all where looking for some time , but until then we very much could be...
* * * news from today * * * IT COMES A NEW ELECTED PRÄSIDENT (possible favorite Mr. Steinmeier) FOR GERMANY. check the LONG-BUY opening betweeen the lines above and fallow all day long an upward trend. so that just make a BUY-order. ---------------------------------------------------------------------------------------------------------- ATTENTION! this is a...
2017 FORECAST - S&P500 INDEX - Daily Here we are again: January of a new year. The election is behind us. And the recount is behind us too. So many bombs dropped over the last year, both real bombs and word-bombs by Presidential candidates. The word-bombs seem to get all of the attention with Trump winning the "best word bomber" last year by Time Magazine as...
Self explanatory. Bitcoin broke back up today.... I just took another look at the weekly chart. This time it could absolutely test all time highs of $1000? very likely, just watch for the break of $800... (otherwise, double top) Aligns well with USD, almost breaking up of triple top with a possible 20~30% rally ahead, which will cause massive massive yuan...
USDCAD Short * Remember we have US election 2016 on Tuesday. You can choose to trade after that day.
Clearly USA is not doing very well, it's well predicted that this is shorting on red line.
US Election upset many pairs and volatility was insane. Perhaps now as markets settle down we can begin to find positions, at least with non-US pairs.
Hello Traders, The following prediction for the US DOLLAR CURRENCY INDEX is not based on the election results per se. In fact, what I want to show here is that the chart has already determined which direction it will go regardless of outside interference. I expect the election results to act as a catalyst towards the targets defined and not the other way...
Hello Traders, EURUSD has offered a high probability move to the downside. The targets have been defined as follows: Dark Red = Very High Probability Target Medium Red = High Probability Target Light Red = Medium Probability Target Grey = Low Probability Target If the Grey target is hit consider this Geometry: This has been in development for several months...
After Trump election, XAUUSD Gold could rise up to 1375-80. It has more fundamental reasons then TA. For any questions, leave a comment. Thxs. DXY could be short for this time.
Gold will be going up up up IMO so I'm taking a long position on 10x leverage. Entry at 1296.675
A closing in gold on a monthly basis below 1242 will signal a change in trend to the downside is likely.