S&P500 on the hourly chart has fired the Slope Rider signals for divergence and short entry. It's moving slowly and unconvincingly today but I think it will just keep moving lower, perhaps all the way to 2700. There aren't big volume levels below here, so once the US session starts pushing it down it may retrace to the bottom of yesterday's (news fuelled) gains.
This kind of setup is my favorite one, a great new fresh demand below us, which is also 61.8 Fibonacci level of the recent uptrend, the combine of this two make me feel more secure About this opportunity, I'll buy at the demand below, my first target will be the last high, and for those who want to take it further, 130.00 is the final target, I'll consider this...
As a swing trader in the forex market, I always prefer to mark the key levels supply&demand before and be ready with a limit orders, the supply above us, is a changing momentum one, this supply start the bearish momentum, I'll wait for the price at this supply to sell, for now, the price struggling to move up, and as long as the price will keep struggling it...
CADCHF – the CADCHF is on bearish momentum at the moment, and seems he will stay bearish until the price reaches the demand below, the supply above us seems like a great Continuation level for sell position, i’ll wait for the price to sell there and my target will be the demand below which is also a good level for buy position,
Gold is signalling a strong divergence in 3h 1h and 15' chart. But the bearish trend from yesterday was too strong to ignore. Price is bouncing off Daily MA 52 and 104. I will enter a long order when price breaks above and close a candle above Pivot P. Target to R1. Stop will depend on chart, below previous low should do.
As we can see for the short terms, USDJPY is bullish, therefore I'll prefer to look for buy position and join the bullish momentum, I took the recent bullish wave, and use the Fibonacci Series to decide where is the best price to buy, at the moment we can see the retracement of the price, and the 50% Fibonacci level looks like a great level of buy position, as a...
EURUSD 0.33% – As we can see, the EURUSD 0.33% created a great new supply on Friday, this supply is fresh and seems to hold unfiled orders, if the price will back to this supply before Creating A new low, I’ll sell there as a continuation trade, my target will be the support zone below. for those who want to take it further, the next target is 1.0950.
EURUSD – As we can see, the EURUSD created a great new supply on Friday, this supply is fresh and seems to hold unfiled orders, if the price will back to this supply before Creating A new low, I’ll sell there as a continuation trade, my target will be the support zone below. for those who want to take it further, the next target is 1.0950.
S&P 500 - The supply level above is the same supply i marked and mentioned in my last post on S&P 500, this supply is still relevant and if the price will return to that supply I'll Sell There, but for now, there is more chance the price will break the support that holds the price now, if that happens, I'll look for a new supply or other price action setup of sell...
As we can see, the momentum for USDCAD is bullish, I marked the demand below as a great continuation level for buy position, if the price will hit that demand I'll buy there, my long Terms target will be 1.3600 zones, another scenario that I would like to mention is if the price will break that demand and keep falling down, in that case, the momentum will change...
Gold seems to be holding at the top of the Regression Band Slope rider has signalled 3 candles for diversion already. 1226 is a strong volume level that may be holding, my stop loss is above that. Stop Loss is a tight 10 ticks. Target is at S1 for a very high reward. tomorrow is Thanksgiving in the US so price may just not be moving anymore...who knows... don't...
I think S&P500 is trying to push towards a resistance level at 2657, a high volume from yesterday and Pivot P for today. I've got my Sell Limit order up there. Keeping a tight stop loss at 10 ticks, market may be slowing down drastically today, tomorrow is Thanksgiving Day in US and Friday markets will close early. Target recent bottom of 2640. Prices are from...
For the long terms, as we can see on the daily chart, the USOIL is in a strong bearish momentum, I marked the next fresh supply&demand as a critical key level to look for a position, Above us there is a great supply level which can be a continuation of sell position, if the price will return that level I'll sell there, my first target will be the demand below, and...
As a price action forex trader, I'll wait for the price to break the resistance zone I marked on the chart, if the price will break the resistance zone it indicates the price on his way to Reach the next critical level which is the supply above, I won't buy immediately at the breakout, but I'll look for a good price action setup of buy position, my target will be...
XAUUSD (GOLD) – The GOLD has created a new fresh demand recently, As we can see on the chart from the left, there is no reason for the price to stop until he will reach the Resistance above, if the price will return to check the demand below, I’ll buy there, in case the price will break that demand, I’ll wait for a new buy position at the demand at the bottom. in...
I'm expecting Gold to break above the Pivot P and go upwards to R1. Why? Savius Slope Rider has fired the buy signal, price is just getting out of the buy volume area and bouncing off the Regression Channel, and it's above the MA Hull, which is great! (the screenshot with all these indicators can be found on my website) I am not entering the order until price...
EURUSD - The new fresh demand that I marked below succeed to broke the supply from the 12/11, for now, it seems the price on his way to reach the resistance above, the demand Below is a great continuation level for buy position, I'll wait for the price to buy there and my target will be the resistance above.
As it seems now, the NZDUSD pair just broke a critical support which indicates the momentum changed to bearish, and the price most likely on his way to reach the demand below, For now, the best level to join this bearish momentum is the supply above us, if the price will return that supply, i'll sell there, my target will be the demand below which is a great Level...