Here we got a multiple conviction trade!
Aussie hit its daily 0.618 spot and broke the inside day to the upside just now,
which makes me interested in taking some long trades today!
As I missed the inside day breakout, I'll turn to this 4hr pullback long trade!
Let's see how it goes!
The previous week I made the live broadcast with topic "Cryptomarkets - The Past, The Present, The Future" where I tried to explain my vision on the markets conditions we have now and try to predict further market movements and forces which can help start a new bullish trend. In 3 posts I would like to share with your just the main ideas. Of course this is only my ...
For traders who missed this bearish gartley trade, I will be waiting for retest on point D for a shorting opportunity.
Provided the 1st target is to hit. So to be in touch of my trading ideas, just subscriber to us on Trade Ideas.
Our October2018 results, produce a total of 2,333pips of net profit in a single month:
EURNZD; Very Strong Monthly Supply Zone (1.75242 - 1.79595), Daily and Weekly Supply Zones are nested at the Monthly Zone. Possible sell at 1.73993
EURNZD Sell Idea @Weekly Supply Zone (1.73993 - 1.75874)
Sell Limit: 1.73993
Stop Loss: 1.76739
Risk Management = 0.01/$100, With Stop Loss
Risk Management = 0.01/$200, No Stop Loss
Tron topped with highest trading volume yesterday. The price went parabolic, which is not sustainable in the end. It crashed along with other cryptos.
Tron will continue to drop but in a less volatility.
on a pound dollar we see a decent bullish breakout of a local consolidation between 1.27 and 1.28 level.
For us, it opens a very good buying opportunity.
As you see, after the breakout the market retraced to broken structure giving us a perfect entry point.
your first target is around 1.288 or even 1.29
Price rejecting multiple times off strong support at the 137.900 region, where a further push to the upside could take place. A break of the descending trend line will confirm price will be ready to rise more. Keep in mind GBP retail sales tomorrow morning as well will bring volatility
***Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial professional before making any kind of investment. Investments can be very risky and ...
Trading Bias: Neutral
Technical Strategy: Re-test of broken support line + weekly head & shoulders
*Because of the higher timeframe and my propensity for swing and not position trading, it will make sense to use lower timeframes to trade in the directional bias of these bearish chart patterns*
---> I will link related ideas on lower timeframes to this ...
PG&E is under massive headline pressure these days after being blamed for the recent California wildfires. The stock went down 60% recently and has rallied 50% off of its low of $17.26.
On Friday after the close, new headlines came out suggesting that PCG falsified gas pipeline safety records for years. Bankruptcy is definitely in the cards. When stocks become ...
SAP has been in a trading range after a Buying Climax (BC) in May 2017. It looks like a Wyckoff Distribution is taking place. There is increased volatility and volume on the declines and low volume on the up moves. The declines has been larger and quicker than any of the declines in the uptrend leading to the BC . Increase volume is seen mostly at the top of the ...
Potential Short bearish turn on GBPUSD
All our Forex trade setups are speculative and not guaranteed, ideas and analysis of a chart belong to charts34T ; - this is not a market advice. You are responsible for your own accoun
Update on UJ. Price has returned to our weekly support of 108. Last week we began at this same level and broke it twice throughout the week. The 109 region (blue) remains our focus this week as a 100 pip potential long becomes possible (given as a signal to all VIP members). Until then, there will be various opportunities that will present itself which we will ...
The day before yesterday was an outstanding inside day breakdown!
It formed a nice supply zone right there!
Already a clear downtrend, 95.70 is both a spot for supply zone and structure pullback.
I'll be very willing to take some dollar short.
Let's see how it goes!