Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/GBP Sell. Enjoy the day all. Cheers. Jim
Still long, we are holding above support, barely by a thread at the monthly close of Ape's first month of existence. Swing high little monkey.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/CHF Sell. Enjoy the day all. Cheers. Jim
Hidden divergence on the daily time frame suggests that TSLA will continue its rebound trend. This is setting up for a buy. I see the 970 level as a long term stop. That is a bigger stop than I usually use so to this keep in mind your correct sizing where you risk no more than 2% of capital. Anything below 965 and this is not bullish. This is also my first...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 3x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Buy, EUR/USD Buy & NZD/USD Buy. Just be aware of your overall risk here due to the...
BTC printed confirmed hidden bullish divergence on the daily chart. Momentum printed a green dot on the daily. Zoom into smaller time frames for possible entry.
Hello Traders Here is an idea to trade the German Index next week. Last Wednesday we saw a break through the neckline. If someone missed this chance to go short, there will be another two chances next week. One at the resistance between 14300 & 14330 and the second at 14200. TP is at 13700 - 13750. Good Trades!!!
The Macro trends of 2022 are no secret to any of us. Sky rocketing inflation and the war in Ukraine have lead to soaring energy costs around the world. As a result, Oil has seen a period of extreme volatility, reaching a high of closing high price of 129.44 on March 8th. As a result, the XLE has followed suit and is up about +30% year to date. Exxon, the largest...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/USD Sell. Still have a couple of older trades on giving it some protection. Enjoy the day...
Despite my bearish bias I see this hidden divergence on the monthly chart for NZDUSD. This suggests that NZD is starting a multi month rally in spite of bearish sentiment and that the USD will fall regardless of my bias. Of course it may just bury itself but the hidden divergence suggests there is enough evidence to suggest that this will move up. My...
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/NZD Buy. Still 2x previous trades in play on this pair Enjoy the day all. Cheers. Jim
It is still too early to be a buyer, and even as buyers it still would be small positions with limited risk, as we can see a similar setup was happening in 2008, where SPY created hidden divergence but it failed and the Stochastic buried itself in oversold for more than a year. The very same situation could happen now, but I expect a short term bounce, before...
The price has reached a good support ZONE : 1-NECKLINE 2- SUPPORT ZONE (PRICE ACTION) 3-VOLUME PROFILE (SUPPORT) 4- HIDDEN DIVERGENCE (HD+)
@BTC,You can easily see that #Bitcoin is forming a hidden negative divergence
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/NZD Buy. You will notice that there are also two previous trades on, so this may get...
🔵🟡Chart is speaking it self! Bitcoin / U.S. Dollar -BTC Is in a Broadening wedge. -The Price can range in this pattern as long as there is no Break out. -Right now The Price is at The Bottom of the Pattern -(+HD) on Both MACD & RSI -The Odds of A Great Bullish Movement Is High! - The chart is in Weekly Time Frame -Mid Term Target 72K! _ _ _ _ _ _ _ _ _ _ _ _ _...
Hey, • We tried to see Fibonacci help and BX + help nas100 pair as sell! • We expect Fibonacci market movement to start descending from 23.60 level. • We expecting LL (Also you can tell HL level! ) 161.80% scale value. • Here you see two white horizontal line drawings. This horizontal line means the price can bounce back from here (small, mid or large!)...