Chart says it all. Just an interesting view on whats going on that you might have forgotten you can pull up.
USDCAD A.k.a The Loonie Has some Further Downside Potential. After the 160+ Pip move Last Friday on Strong CA Data and Weak US Data, We saw a huge sell off and a slight pullback. On the Hourly Timeframe we have a MA Cross and A Clean Break of the Trendline. I already have some Short Running and have now added to my positions hoping to achieve the Target 2 which...
Bitcoin: BTCUSD Trading The Breakdown The massive head and shoulders top formation that has been building since the weekend highs has been completed today. Though quite loosely defined and with two potential neck-lines lying 300 points apart at 15814 and 15509 the pattern is undeniably bearish for the next 24 to 48 hours by look of the chart. But in very near...
Entre al trade por lo siguiente: 1. Tendencia bajista 2. Respetó el 38% del Fibo, conjunto al trendline bajista a temp 1H 3. Riesgo 30 pips 4. TP 53pip 5.
Here we have a break from the upward trend channel and a support line at the same time, a good shorting opportunity as it may come down to test the 11.5 Support level
BRENT CRUDE: UKOIL Trading Strategy Ahead of Opec Sweet Sweet Crude Have closed out the long position finally as Brent touched the upper parallel. It's the fourth strike and should come back from here. Closed at 64.33 for 1833 pips profit on a trade that carried 30 pips of risk from the outset, taking under 6 weeks to achieve. Best win of year (apart from...
Wow, what a week for NEWA. Up over 50% in the last week this stock made major moves when the bulls rushed in to seize up cheap shares of a good company after it's presentation last week at the 2017 Disruptive Growth Conference in NYC. With respect to the 50 day moving average, the stock trades comfortably $8.50-$11 range, and I can see this company selling off...
NZDUSD sell after cosolidation break at 61.8 4H fib
I am no Bearish on this pair after we have broken out of the Daily channel (ascending wedge) I was previously long on this pair but that is now invalidated (closed before stop triggered)
This is a chart I made mapping out some Support/Resistance lines for HMC which is on a downward trend long-term. The Old Support / New Resistance candles, as well as Old Resistance / New Support candles, are all marked and match with a connection line displaying the correlation. There are 23"soon-to-be" bearish old support candles which I think will have bullish...
EURO is set Bullish ,Positions are still holded and US economic and political sensetivity really stayed investors from USD so we are enjoying GBP EUR. Euro is set second Bullish asset globally ,Improvemnets in growth and decreasing unemplyment with stable Business enviroment helping euro to stay Bullish vs USD I am targetting EUR USD for 400 pips of Traget with...
Dollar Index: DXY Dollar is making a double bottom at 96.80. Close down all dollar shorts and only go short again on a break below 96.75 for next part of fall back to 95.10.
Technically speaking Found resistance at 1.44 My first target on the downside is 1.41. I am holding a long EUR/JPY position and have around 200 pips locked in. So this EUR/CAD short is a hedge(somewhat) against my long but I didn't take the trade for that reason. If you like newsletters, trade ideas, and good investing stories, sign up below for my...
looking for short entries but for now we have to wait for a push even higher since the price is around the critical zone which means anywhere in this zone we might see a reversal. Have to be looking for structure and candle confirmation before entering any shorts at this moment. IF we manage to enter shorts here my first TP will be on or below my 0.618 extension...