Good Morning, traders. It's such a phenomenal beginning of the week. Our forex trading signals closed more than 100 pips. The long-term position in Gold is doing great, and the short-term position helped to pocket nearly 55 pips. Likewise, another signal shared in A Quick Trade Setup on EURJPY closed 60 pips. Now I'm serving up EUR/USD and GBP/USD to secure high...
1. Strategic Direction: - Weekly is in a Trend up phase (based on FZR of w1) - Daily is in a trend up phase (based on FZR of d1)
Bitcoin: BTCUSD Update/levels for longs This trade is in balance, but OK above 6450 The trend is overall positive right now barring super near term test of lower parallel and successful, so far, retest of the key level at 6450 - which looks to be the pivot for day on downside) So If broken at any point and our stop 50 points lower is struck we should look to ...
Have a great weekend everyone! Watch for the pivot lower, if it breaks support!
Good day, All! Originally, I just wanted to publish another trading idea: But the more I was looking at the chart, the more it looked like a good example of volume analysis technique. Basically, the concept is pretty simple - when the price is testing strong supply/demand zones, support/resistance levels, trend lines/etc, significant volume spikes are always...
If the trend support and monthly support level breaks, enter this short towards pivot S3. Be aware of the monthly support levels for your TP's. Good trading this week!
All I can see is that we ran into the 200 DMA and hit the monthly pivot? You see anything else?
AUD/USD also did not show any significant reaction of the labor market data in the USA on Friday. The only thing that we should note is the new support 0.7744 which contains large volume. Nevertheless, our previous scenario of opening short positions remains actual, but now we need to wait for the sharp breakdown of the support. A move should be supported by...
Thought I would step back a little and take a look at the bigger picture. Looking to take out a Monthly Pivot, some divergence, support and then we are probably headed lower.
Follow Funded-Trader Pivot's strategy
Rarely does TSI indicate strong green-over-red crossovers in CBOE:VIX derivatives. TSI is for equities and not derivatives, however, this signal could be an early sign of some potential life in NASDAQ:TVIX and AMEX:UVXY etc. Link to TSI below.
- daily ema - pivot - level season in october for long position if risk on I'm waiting for confirmation and good entry point
Here, I offer a look at using the prior time frame Median as a means of bullish or bearish sentiment/trend. The indicator plots PRIOR Daily, Weekly and Monthly Medians. Currently, this week, we have Bearish Cross of the short term Daily Median below the prior Week Median give us an obvious bearish formation. Conversely, possible value in longer term view for...
I marked the points where PA touched 1250 level since 2013_ Level 1250 has worked as a strange pivot point within 1200-1300 consolidation band. See how many times we saw 1250 during last four years. Following FOMC meeting of last week, downward price action_ is favored. A critical event required to push the price back above 1300. Otherwise as far as the price...
GBPJPY has reached this year´s pivot. Only last year is still missed, so price doesn´t like missed pivots and therefore it wants to get back on these missed levels. 3000 pips up! Patience is the word.
Actually I do not believe Draghi's speech will be "very" hawkish. What gives me more confident to put this trade on is because the market may have oversold EUR. More particularly EURGBP (following PM Theresa May's last week comment). Retail sentiment is short EUR (except for the EURNZD - which is due to NZ's mixed election result) so I want to go Long. Technical...
$EURGBP holding onto some support here. About to hit a monthly pivot if support gives way.
I expected USDJPY continue to drift upward today. Yesterday FOMC statement and Yellen's speech certainly helped a lot. Today is BOJ's turn and I really don't think they will reverse anything as their 2% inflation target is just still too far away. Actually since USDJPY strengthening, it helped push them toward their goal a bit closer and I think they will be more...