Found support at daily structure and broke above the double bottom, which signals that we are back in bullish trend. Also got a nice cypher pattern on the hourly timeframe. Trade your personal plan! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
EMA's are about to cross again, and the ANN strategy showed earlier that it was setting up to go up. The very likely target is at 1.34, and then it may head up to 1.36. From there, anything could happen, so I am sticking with a quick trade, hoping to make those 35 pips in a couple hours. I also have this set up as an OCO bracket. Let's see what happens
What do i really like in this trade? First of all i am taking this trade with the overall direction of the trend (Bullish), i have a nice Risk/Reward potential as you can see, i can even go for more but i dont like being greedy. Also i have price action confirmation in different time frames, like the 4hr and 6hr. but i am taking this trade in a 8hr time frame,...
We can observe a good support level around the 53200 - 53300. I expect that this future index will hit this support and bounce back. At this time it should be a good point to go long. Be prepared to stop this trade if the index go below the next support level of 52400. BMFBOVESPA:WINM2016
FX:AUDUSD In this trade we can see a nice preceding bullish trend heading towards an area of resistance, next we see a nice pin bar candlestick which tells us that the bullish power might be transitioning to the bears. Confirmation is needed for me, so i executed a breakout entry below the low of the pin bar candlestick or also called Indecision...
COP continues to stay in a trend channel. Although it takes a while to bounce between the support and resistance levels, it is consistent. Expect COP to hit the resistance prior to earnings date. It will then decline after earnings and who knows how low it will go. Also anticipate the ups and downs of oil to keep this cyclical. Place your calls and prepare puts!
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :) - Just as the GDX, we have a beautiful parabola, followed by an attempt to go to 1180, which was rejected by the bulls - This creates the bull flag / pennant that was see now, which was...
With all the NIRP's and ZIRP's flying around in an economy based off fraud and debt, this was expected, and now we have the start of the technical indicators to back it up :) I was expecting it to retrace down to the 17 area to "fill the gap" Instead it created a bull flag / pennant , and then in 3 days , broke out of our channel and above price action All very...
Maybe for now , EU have correction and will go down you can short term but i remember keep look oppotunity for long at good price 1.13600-1.13200
I NEED YOU TO LOOK AND DICUSS WHAT DO YOU FEEL AABOUT THIS,
Update to previous chart. I reentered at top of the channel 0.69171 after my previous sl was hit. New sl on chart is 0.69503. Tp remains the same at 0.65685 Good luck!
So friday gave us NFP and as usual we got the pump and dump action before. But in my view we actually got faked out already on thursday in preparation for a much better NFP, but that did not happen and bears got caught. Anyway, we did get a positive dollar reaction even though dollar got hit badly friday a bad EUR did not make it worse. On the hourly we did get...
It's a simple pol/res change trade with ratioconfluence.
A nice bearish cypher pattern on the 15min chart, with good R/R.
I personally won't be entering this trade, but there exists a possible long position here. While not ideal in its width or height, apple looks like its coming out of a valid rounded bottom that formed from the beginning of 2016 until early march (the handle forms around march fourth). I've drawn the expected price movement for this formation (taken from the height...
Be Careful from this trade. We are in down trend