Gold is acting as expected following its bounce off the weely 50 simple moving average zonal support area. During that period, price did drop below the daily 200 simple moving average and that move could have influenced traders to panic and exit positions prematurely. Looking at the higher timeframe, which in this case is the weekly chart, allows us to look at...
As we have now entered a new year we want to see if the momentum from 2020 will seep over and continue to flood us with further profits for our portfolio. During November, the S&P 500 started creating new record highs once again following its breakout of consolidation. On the last trading day of 2020, price tagged the current all-time high but was not able to...
USD/JPY strongly rejected a key support zone around 102.5 forming a double bottom. Therefore i expect the price to go up to retest the 103 level where there is a confluence of resistance trendline, horizontal resistance, and the 38.2% level of the fibonacci taken from the swing high to the swing low of a multi-monthly downard push. From that point I will be...
Hey tradomaniacs, welcome to a new free trading-setup. Notice: Reversal-trade with higher risk as market is volatile. Only for those with higher risk-aversion! EUR/USD: Daytrade-Execution Buy-Limit-Order: 1,22500 Stop-Loss: 1,22270 Point Of Risk-Reduction: 1,22730 Take-Profit: 1,23100 Stop-Loss: 23 pips Risk: 0,5% - 1% ...
Hey tradomaniacs, DXY ( US-DOLLAR ) seems to close its WEEKEND-GAP! A close of this GAP would push the market to a perfect short-entry in terms of important technical supply-levels. I will have a close look at the 89,900 area is we could get very nice opportunities to follow trends of majors against US-DOLLAR . #Patience snapshot LEAVE A LIKE AND A COMMENT...
Hello everyone, if you like the idea, do not forget to support with a like and follow. AMAZON broke above our upper red trendline so we are now overall bullish and holding a long-term buy setup. Those who didn't enter yet, can look for trend-following buy setups as the price is approaching the gray trendline. And as price approaches the upper blue supply zone,...
📙Cable moved exactly as we predicted😊 I'm hoping everyone did very well💵💵💵😊💵💵💵 and banked a lot of during this (w-x-y) pattern of (x) 📙What Next Now ? 😊 📙Don't worry if you are not in yet 😊 just validate this pattern then ride with the rest. 📙Trading Cable is very easy once you know where Cable is going and for how long😊 All you have to do is jump in at the...
Highlights of the video showing TradeFab's Pivot-Reversal strategy V3.12 in action trading XBTUSD @ 15mins: study script which can be backtested and allows to generate alerts for fully-automated trading current script support fully-automated trading via Alertatron - alert messages are pre-defined built-in backtest engine results are clearly shown in a...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for PINTEREST, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GBPCAD is sitting around strong resistance in blue and brown trendline so we will be looking for sell setups on lower timeframes. on H1: GBPCAD is forming a trendline in red so we are waiting for a new/third swing to form around it to consider it...
Hello everyone, if you like the idea, do not forget to support with a like and follow. on H4: EURTRY is sitting around strong trendline in brown so we will be looking for trend-following buy setups on lower timeframes. on H1: EURTRY formed a trendline in red. Trigger: Waiting for a momentum candle close above the gray area to buy. and until the buy is...
I've shorted this pair not just because of a reverse ascending triangle setup, look at it's the weekly chart(right), the strong bearish engulfing candle is a piece of bad news for this pair. I'm heading in as a trend trading and a trend following approach. You need to be bold to trade the GBPAUD, I don't aim for short-term trade or small profits on this pair.
📙Cable decided to give us a beautiful ( w-x-y ) pattern I'm hoping everyone did very well💵💵💵😊💵💵💵 and chaw a lot of pips. 📙What Next Now ? 😊 📙Don't worry if you missed this bull move😊 just validate this (x) wave then if prove valid, expect bears to get on boards for (y) wave. 📙Please, make sure you validate this pattern before jumping in😊 📙All the best 💵💵💵😊💵💵💵...
My long term trend following model just spat out a fresh EURUSD signal. The signals take price/time inputs exclusively, and involves an initial 'headfake' filter and then requires confirming momentum within a certain timeframe before signaling. EURUSD, GBPUSD, and EURGBP are all very much in play given the recent COVID developments in the UK, as well as BREXIT...
Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes. on H4: GOLD is forming a wedge pattern in red so we are waiting for a new swing to form around it to consider it...
Bitcoin broke the previous all-time high and the $20,000 round number on December 16th and created a new record high on December 20th at $24,298. It took 3 years for price to revisit this level and we may see price move on up towards the $30,000 round number or we may even see another sharp decline. Cryptos are very volatile and very hard to get an idea of where...
Following on from the breakout of $3588 on November 24th, price appears to be forming a linear bullish trend. We can identify this when price uses the 20sma as support/resistance as this indicates that the pullbacks are shallow and short in length of time. The most recent consolidation period (shaded area) lasted from September 2nd to November 24th and this...
Hey tradomaniacs, welcome to a new free trading-setup. USD/CAD: Daytrade-Execution Market-Sell-Order: 1,28750 Stop-Loss: 1,29380 Point Of Risk-Reduction: 1,28195 Take-Profit: 1,27100 Stop-Loss: 63 pips Risk: 0,5% - 1% Risk-Reward: 2,72 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see...