I hope you've all had a good week and caught some decent pips. The market this week has been one of the worst conditions we have seen in a long time in terms if how slow some of the pairs have been moving and manipulation.
Overall we have still managed to catch over 100+ pips. However, please note that I will stick to mainly posting GBP pairs from now...
Welcome to this new idea traders!
After Fridays NFP we saw massive moves around some USD related pairs. Although news were positive for the dollar, dollar spiked and price went down.
Glad i held my entry on AUDUSD and we saw a nice up move after the NFP news.
Im expecting another bullish move during next week. How was your NFP trading going?
GBPUSD try to going up at 1.31349 first, try to reach stochactic 50% and if it catched, it could be going down not too much to rise again trying to touch 1.31684. or if it crashing, 1.31349 can be the top of friday high then going down deeply.
Whats up ? Hope everyone is starting their weekend right!
Here is a trade i took on the late Friday. EURUSD is showing a divergence on the 1h chart and did touch the bottom from the left by a few pips. Price did 3 waves to the downside and created a solid downtrend trend line, which if it will be broken could turn into some huge upside moves. Let us see next week.
A 2008 style VIX superspike is currently building into this market, It has not finished it's double top.
This is the same VIX analysis except the spike to the left is described in it's normal Double-Top with a 1,2,3 decay harmonic.
50/80 Double top can be realistically expected shortly ..
With it 1500 point drop in the DJIA could easily be expected.. And...
The Secret is in the VIX ... VIX is behaving very differently than it's normal patterns .. It's indicating a VERY LARGE SELLOFF by the end of next week..
This is going to turtle futures point to large futures drop..
A break down from the flag is the most probable direction here...most likely just in time for Black Friday...the stoch rsi seems to concur with me...I will be taking advantage of those Black Friday prices and stocking up. You make your own decisions though because financial advice is not included here. Thanks for reading and good luck!
I just wanted to show you my last trade this week on Friday morning. I saw a trend change happening on EURUSD in the 1 hour chart earlier this day. At the top where we can se a divergence, there was formed a candlestick engulfing pattern. This is were i entered the trade and expected the price to go down to at least the 0.5 fib level with a little risk...
Friday markets are met in a rather bad mood. The panic in the emerging markets does not subside, and the VIX fear index is at the maximum mark for the last month and it is growing further.
The reason is still the same - Trump's trading wars. And the latter does not even try to somehow extinguish the igniting flame of the global crisis, but rather throws fuel into...
I am placing a buy here with the bulls on CHFJPY because here after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an opportunity to buy for the CHFJPY pair with confluences to match. Take a look at my analysis I would love your feedback. My trades a specifically for intra day trading I am completely out of...
BTCUSD: Bitcoin Friday Update and Trade Points
Bitcoin was expected to push higher during a long, slow but
overall positive day yesterday - it was certainly long and slow
but it didn't push much higher though.
Once it broke below 7480 it was meant to fall to 7401 at
lowest before bouncing away again to the upside.
In the event the subsequent low fell at 7415...
After broke and retest of the monthly support 106.0
we got good momentum to moving short
my next target is the 105.455
but we need to careful of the next news for the uj
maybe we will get big pullbacks, depending on the news
Bitcoin Friday Update: Next Trade Points
Overnight Bitcoin only managed to rally as high as the
previous low at 9453 in this run and never stuck the final
short stop which was just above 9500 before falling away
another 1100 points to make a low, so far, two support lines
lower on this chart at 8422 after a new intraday low at 8370.
Once more we have the...