09:20gmt 04:20est Saturday Buy Points and Updates If you went long again off the retest of the lower parallel it's held good overnight but has reached the underside of the neck-line of the small head and shoulders created yesterday and could have been closed out for 300 or so gain by now. If still long the nearest support is close by at 9077 so no point...
Double Divergence seen on RSI along with price confirmation of SO's most recent bottom. A "W" pattern is also setting up with a break above $45 further solidifying the opportunity for a low risk positional trade when taking the stated yield % into account. Pin bar seen on Heavy volume, and the most recent double bottom also coming on good volume.
Following an ascending channel 150 & 200 MA are equal. 50 MA crossed above Expect a 3-4% increase in next month or two. Pays great div Revenue growth over 20%
DXY: Dollar Index Fabulous firefight between bulls and bears going on around the parallel. The winners here will win the rest of the day.
DXY: Today's downtrend is clear as a bell on 15 minute DXY chart - really useful exit confirmation for shorts and for day-traders shorting dollar pairs
On March 31, 2017 The Southern Company ( NYSE:SO ) crossed above its 150 day for the second time in 26 trading days. Historically this has occurred 222 times and the stock does not always rise. It has a median gain of 2.717 % and maximum gain of 14.698 % over the next 15 trading days. When we take a look at other technical indicators, the relative strength index...
Target so far but not impossible :)
UKOIL - Right Shoulders ? The question is simple - what we see on the graph of the Brent oil? The answer is simple - we see a change quotes, changes in the derivatives of the functions of the quotes - the indicators, we see invented and drawn by us trend lines and channels, invented and drawn by us figures of Paterns - Head and shoulders such as here. You can...
I don't think so. The risk factor is fading. Gold will have a callback, so in the 1360 option to sell is a good short-term trading
Economic data will accelerate the trend or change the trend, so do not bet on the data, unless you have a large floating profit
GOLD IN MY PREVIOUS POST TARGET 1220 AND LOWER MAKING ITS NEW HIGHER LOW XAUUSD SEEMS TO BE HOLDING FIRMLY ABOVE 1200 SUPPORT ALONG WITH A BULLISH ENGULFING REVERSAL PATTERN ON THE DAILY WILL REACH 1300 AND HIGHER! AWAITING A PULLBACK TO 1239-1240 WITH THE 50EMA AND PIVOT SUPPORT TO ENTER LONG
This is my first ever post on GBPUSD. I am very new to trading and THIS IS NOT A LIVE TRADE I am just checking my trading plan to see if I can go live very soon but with lots of confidence. So please go easy on me. I welcome any feedback good or bad. Thanks Rick