I was thinking... They say "be specialized in only 1 market", but how does that work? Everything matters and there are correlations everywhere. Be specialized in 1 strategy sure, but what better way to do this than have a global view on everything? I like it this way. People that only focus on 2 - 3 symbols can look at everything but really go in detail with their...
- Indices - The SnP got to ath & dropped the same day. I think the fake fomo shilling conspiracy is working less and less. Why are these people trying so hard to convince people to buy? Literal pyramid scheme. Just waiting for it to drop further, maybe. Other indices are following, DAX & CAC40 are still way more bullish so not dropping much. - Majors -...
- Prologue - I think it would be optimal for me to check markets twice a week. So maybe Monday and Thursday? And the rest of the time just work on new strategies, improving, troll posting, whatever. And not forgetting to check my tagged charts once or twice a day. Apart from learning and designing a system, trading regularly comes in 3 parts: 1- What I am doing...
What happened on EUR/USD yesterday? Daily candle closed below LOW OF THE YEAR 2018 !! WHAT NOW? Now the EUR/USD can easily go into a sell-off. There is nothing significant standing in the way until support around 1.0600. Happy trading Dale
0:00 Indices 3:12 Currencies 7:47 Gold, Oil 9:00 Crypto
We're at support. Even if price is past it, let's see what happens over the next few hours. Enough rejection should be a good spot to go long with minimal risk.
Low risk, high rewards possibility. What more do you need to take a trade?
DXY is right at the bottom of an uptrend channel in MTF (D and 4H) + Fibonacci Retracement level 0.5 + Fib Fan level + Support area between 95.8 & 95.6 It can go on a bullish trend until 97.00 We should expect xxxUSD to go short and USDxxx go Long
Dxy continues his bullish channel. I'm expecting it to go up from 96.40/96.35 to at least 96.7 - 96.8. .5 fib level Big support area High time frame (D) trendline/Fib Fan
USD/CHF might have a nervous break-down in Minor C (red).
Buy & Sell scenarios/ DM for signals.
What's up guys. I have spotted a new EUR/USD trading opportunity for you. With the results of the mid-term having softened the dollar rally - we can see several opportunities to long XXXUSD pairings. Combined with my technical analysis on the graph, this pair should look to rise to at least 1.16. Set your Stop Losses just under 1.14 to stay safe and to minimise...
Price reached a stron resistance and gave us a strong bearish engulfing candle.
price break out major trend line and enter uptrend channel
Price found resistance on the long term down trend line. Broke the correction, retested it and left a pinbar followed by and engulfing candle. I`m going short.
Bigger time frame trade. Price pullback to the consolidation channel and .618 of recent bearish swing. Good place to sell high. Stop loss above previous high.