Here we have more green volume. A lot of green volume actually to get us up here at these prices again. I think with the weekend here, the uncertainty of the pending forks to come in near months. (Bitcoin Diamond in December....???) As this news spreads to mainstream, and the segwit#2 thing is put behind us sometime today. This resurfacing news of more forks gives...
My entire trading strategy is built around how I draw and utilize Fibonacci levels. I use Fibonacci levels to determine precise entry, target, and stop loss placement in combination with other technical analysis methods. The biggest problem I see with a lot of traders is that they do not know how to draw Fibonacci levels properly. So I will show you my method and...
We had a sell signal from the system, so we know the general direction of the pair, and now we are facing a pullback after breaking support, will sell after the pullback is over.
We are shorting XAUUSD based on Mongerskit generated signal, the last signal was generated a while ago (1/5/17) but the direction remains the same. we are waiting for small pullback and some consolidation and we are ready to buy.
Gold almost touched our target at 1193, managing to bottom around 1194 area. Looks like trend is going up already. Happy trading everyone!
USDJPY being bearish for a limited time.
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MSFT has broken out of a diagonal trend that started on December 29th of last year. This also coincided with a break of 53 that had previously been tested 3 times in the last 30 days. Today MSFT found nice support on a retest of 53. Stock looks poised for a move back to 55 and then the 52 week high after that.
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