XAGUSD will PROBABLE range between 14,43 - 13,82. I have a Bearish Bias on Silver right now.
XAUUSD will probable range between 1630,25 - 1611,71. I have a Long Bias... but not yet!
SPX will PROBABLY range between 2637,01 - 2540,48. I am not expecting a breakout... to me it is more a retest! we are heading lower... Bearish Bias.
I explain why on this particular time frame the 2H at this point in time there is a greater probability for the south. Please note carefully for every probability estimate in one direction, there is a residual probability in the opposite direction (e.g. if 51% for the south there is a 49% chance for the north). There is no way I know to accurately assess or...
17/Feb/2020 08:12 PM AUTHOR: Brandon Gum -- ======================
Gold has bumped its head on a historically strong resistance level at ~1560. USDJPY has not confirmed gold's move since Dec '19. USDJPY breaking out higher itself (bearish gold) so we should expect gold to readjust itself. DXY in general has regained an important historical level + 61.8 fib of most recent trend which points the dollar higher (bearish...
AUD/USD is at a monthly demand zone, there are numerous traps enticing retail traders to short. E.g. bouncing off the weekly trend line, and a so called area of resistance on the daily. COT data also shows banks are becoming slightly bullish and reducing short positions. A-la-la-la-le-LONG, ah-long-long-le-long-long-LONG! Don't short basically. Ps. Trade...
There is not much to lose if we take risk as a reward ratio. The stop is between 228 and 229, the last peak. Since new summits can be seen, our profit sales place is not clear, it is open end. It will be determined by dynamic analysis. If the increase continues, new peaks will be seen.
In continuation to my previous chart on XETR:DAX , there is a continuation of the bearish divergence. This a signal that price action is not appropriately being reflected in the indicators and may see a halt or correction Like I Said, I went through some data crunching and found the below interesting observations that make the current upward movement by DAX...
Our risk / reward ratio is 0.28 in the first field and 0.09 in the second field. There was a close above 5.84. Long positions can be tried in small lots. However, losses can be a bit high since the bar cannot be sure without closing, so stoploss should be placed directly at 5.81 or 5.84. Our sales level for the first area is 6.095. If the first area breaks down,...
Watch price action around the 50% fib level. Confluences: 1) 50% fib 2) Channel Support 3) MACD Divergence Short term trade. Targeting 100 pips.
Here's the results from my statistical analysis for Bitcoin on the weekly chart. BITCOIN STATISTICAL RESULTS DATES: 02 Sep 19 / 08 Sep 19 CLOSING BETWEEN (at 08 Sep 19): 8939.51 - 10690.14: 61.50% 8064.20 - 11565.45: 80.50% 7188.89 - 12440.76: 86.00% P.S. This indicator is not for sale and will not be published. DISCLAIMER: This is not financial...
Here's the results from my statistical analysis for Light Crude Oil Futures (CL) on the weekly chart. LIGHT CRUDE OIL FUTURES (CL) STATISTICAL RESULTS DATES: 02 Sep 19 / 06 Sep 19 CLOSING BETWEEN (at 06 Sep 19): 52.70 - 57.28: 71% 50.41 - 59.57: 94% 48.11 - 61.87: 99.50% P.S. This indicator is not for sale and will not be published. DISCLAIMER:...
The month of August was very hard to forecast, track and therewith reliable trade as price raced back and forth in a 120p range on the S&P500. Life would be very easy if we'd known beforehand this would happen. But how could one know!? After several back-and-forth races the triangle option became more and more likely and today's price action combined with Friday's...
Monday's session started with a sharp upside move. As expected, sellers entered the market at our resistance level of 11 611 to correct the uprun, but not for long. The same scenario occurred once more at the following resistance zone of 11 645 which also didn't have long lasting. The 11 611 zone functioned as the support for another bullish push towards the end...
Our yesterday's analysis turned out absolutely successful. Dax bounced from our mentioned trendline, broken Wednesday'shigh and then returned to Wednesday's range, which had a statistical probability of 77%. Today we open with an ascending gap. Important zones Resistance: 11 899 Support: 11 759 Statistics for today Detailed statistics in the Statistical...
Exactly as we predicted yesterday, the statistics proved their strengths yet again. We couldn't be happier as these historical calculations have huge success! Dax broke through Friday's high, which had a probability of 87% and therefore we've labelled the analysis with a bullish bias. After the high was broken, sellers corrected the price action just to hand over...