As we filled last higher GAP, and run out of steam a bit, I expect to move down to fill GAP which was created on this sharp spike up and then after fill this GAP we should shoot towards ATH
Where are all the long/bullish teenage teenie boppers at now? I think they probably had their accounts blown because they over leveraged and are hiding in their parents basement. Called this since v1.0 on usdcad, sure, it was a little early, but along the way if you used multiple entries with multiple exits on a trade that hadn’t been invalidated then you...
Happy Monday fellow traders. If you’ve been following my posts (see below), you would kno is that we have been shorting the dollar for 2 weeks now using our multiple entry and multiple exit strategy (me/me), averaging our prices anticipated dollar weakness as the technicals have supported and fundamentals have pushed. For us swing traders, technicals give us...
I am still bearish. There is still plenty of space between supply (1.333) and demand (1.322) . Follow the money, don't let the frankfurt fake-out shake you out of the trade. Testing 1.3220-00 psychological level. If there are bullish price action patterns we scale back and trail our stops- watch for accumulation with spikes, especially where the banks...
Happy Friday my fellow puppeteers. How did everyone end the trading week? If you've been following me then you would have been in the money by the end of today, moved stops to break even and are happily sitting idly by waiting for the following week to take us into 2--6 R return. As suspected, the false breakouts with bullish engulfing candles was nothing more...
I think the banks are raising on a bluff. DXY is sitting at a 50% fib level from the most recent high to low swing, which is the only reason I could see the UCAD up another leg before turning, but do not be mistaken. That what looks too good to be true, probably is... Monthly resistance at 1.3275 coupled with .786 retracement on the Daily . Last weeks...
The market giveth and the market can take it She is only fair if you are reasonable and disciplined. Have you been eating your popcorn like I suggested a few posts back? Weekly & Daily dynamic TL’s have been tested and broken. The nay sayers will come out of the wood works and tell you “but kind sir, it pulled back and closed above it so it failed.” Indeed my...
Ladies and gentlemen, we are here, another beautiful August day, observing and remaining patient shall be the name of the game. Hold on to your horses, don't let the devil tempt you into a long as the set up is serendipitously becoming more real. Multiple Levels of confluence. A rejection at a key monthly level of resistance. The weekly dynamic TL has been...
If you’ve been reading and following the last couple posts you would know that we are disliking the US dollar against the looney. If you haven’t thats ok, just make sure you check em out after this. It adds further confirmation to the ideas presented. If your dinner has been served and you’re ready to keep things simple then look at the weekly index for the...
How fast does travel travel today? The speed of light? How fast do the Internet memes get around? minutes, hours, days, weeks? Not long at all. How long does it take to viral YouTube video to spread around the world? No time at all. How long does it take for a black swan to sweep through an already shaky financial system? Does 2008 come to mind? Now that the US...
I'm loving this pair I said it would go up and it is:) I will be keeping a close eye on this pair...Happy trading folks
I'm liking this pair and I'm going long today as this is a level of support in my eyes. As shown in the past, happy trading everyone :)
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My Ethereum long positions I also mined a few last year though sold the rig
THIS IS JUST MY PERSONAL OPINION. IF YOU GUYS HAD ANY THOUGHT, GIVE A COMMENT BELOW. IT WILL HELP ME A LOT. SINCE THIS IS NEW TO ME. AND THIS IS PART OF MY TRAINING.
We have a lovely support/ resistance level that has been respected many times ( orange arrows ) and also a lovely trend line ( TL ) that also has been respected many times, price is currently at both of these levels and when you add in the current weakness of the USD this makes this trade setup a triple threat, so we can only see further upside movement. If you...