Sup traders On today's watch list is the GBPUSD, currently looking to long the market to stick with the bullish momentum. We should see target being hit hit over the next few sessions! As always, keep the risk managed! Cheers :D
Hello traders, I would like to share my Friday trades with you. To avoid watching a long video, I have picked only 3 trades for you. But don´t worry, I will explain the reasons that led to the opening of trades. I think it is important that you have an explanation of why the trade is interesting or not. In the end, we look at the AMEX:SPY market...
We can see in the monthly picture that the Bollinger bands are actually not really narrow enough yet. This means that a big move is still a few months away. If we look at 2015/16, then BBands were quite a lot narrower in the monthly. It is therefore likely, that we will see the big moves coming later in 2020, possibly as late as early 2021. But in which...
Seems like levels are close to the halfway mark in the Fib retracement. We're looking at a 27% rally from the low. Not sure why the rally has lasted this long and been so strong, it could be from a short squeeze...who knows. It has to end soon I would imagine. We are heading into earnings with bad news ahead of us plus more bad economic news, so I anticipate the...
The rally of gold had obviously lead by several reasons such as the investor's fearful on the global economy recovery after the covid-19, the unlimited quantitative easing and bail out policy by the FED, the great uncertainty of geopolitical tension among the middle east and China-US, as well as the instability of the "Asia Financial Hub" - Hong Kong since 2019....
Good morning traders! GBPUSD has printed a decent bearish momentum in the last session. Wouldn't be too crazy to expect a move the same as the impulse now would it! So my bias is very much short. As always keep the risk managed! Cheers :D
Sup traders, The usdchf reached my buy area, which is the yellow box. We are now looking to long the pair, there is a few reasons to go long, the pair is above the emas, as well as hidden divergence! As always, keep the risk managed! Cheers :D
This is not an inverted Head & Shoulder Pattern. Inverted H&S occurs in downtrend! Watch out news! Stock markets are in rally! This is Supply & Demand thing now!
Gold seems not to touch the emas anytime soon, offering no "cheap" buy-in opportunity. However, with phyiscal gold getting rare, it could get sought after soon enough (mines shutting down is also a "plus"). In 2008 bottom, gold rallied after ema touch - but the s&p did aswell. This year we might not have seen the bottom of the index, yet. Most interessting for...
Upon breakout target of 8k is very likely, but can extend further towards 12k.
Good morning traders, So yesterday, I did post an idea about the usdcad going higher, how ever, I woke up this morning morning and noticed a PFH has been printed. Which has dramatically changed my bias on the direction. USDCAD is now a clear short to me, would be looking to enter on a pullback. As always, keep the risk managed! Cheers :D
Sup traders, USDCAD had its well deserved rest, its now time for it carry on, on its march up to recent highs! Remember to keep the risk managed! Cheers :D
This was the day America took the lead in total COVID cases. This is the day that America was the least American considering today's record-breaking unemployment numbers. Yet, on the stock market, the day was overbought. More overbought throughout the beginning of COVID Be well, see you soon!
THE CHART POSTED IS THAT OF ONE OF 3 OF MY FRACTAL MODELS DATED BACK TO 1902 WE ARE NOT STARTING A NEW MARKET LEG TILL OCT ALL RALLIES ARE WITHIN A BEAR MARKET THAT STARTED JAN 2018 .
Sup metal heads Gold next stop is 1660, simple as that, follow the hegemony. As always, keep the risk managed. Cheers :D
Once in a lifetime opportunity, buy zone 4800-5100 target 17k
Since the price already break the Trendline,price will continue rally to 120000 before going down to make another retraces