Gold has finally stopped ranging and pushed to the downside. In ranging markets we try to avoid trading the range and wait for a clear breakout. The push to the downside is exactly that. Clear! With this being said, a retest on the resistance from the ranging zone would be a nice indication that a high has been made and we will short to catch the push to the new...
EUR/USD has been trending upwards for a while now and I see it testing the 0.61% fibonacci level before reversing. On the 4h, 1h and the 15m the trend is bullish. Easy break of previous high and retest formation. Enjoy!
The pip movement range in US30/Dow Jones is crazy. 5 Minutes can be 100 pips. The risk is high, but the reward can be way higher. Take care when trading. Make sure you don't leave this trade running too long
Se puede apreciar que durante la administracion de Trump el Dow Jones Industrial Avarage subió un 50.36% lo que ha sido la alza más importante en la historia. Sin embargo por la crisis generada por el crack del Covid-19 este ha perdido 53.8% por lo que podemos notar que ha sido la crisis financiera más grande de la historia, superando el 2008 y el 1929.
....FRIEND Remember guys always trade with the trend. The higher time frames are all trending down. The smaller timeframes are also trending down. This means one thing! SHORT. Sell on structure highs and ride them out to the new lows. Simple yet effective, that's the way we like it. Price action is king. Please leave a like and share your thoughts down...
"‘Under what fatal star was I then born,’ I asked myself, ‘for it now to be impossible for me even to think of following the smallest inclination to virtue without its being immediately washed away by a tide of woe! And how can it be that enlightened Providence, whose justice I willingly adore, punishing me for my virtues, simultaneously offers me the spectacle of...
An update on the US equity markets. In my previous post, I talked about how these next few weeks will be very important. They will determine the future of our world and civilization for the next 6-18 months. I spoke about how on the weekly chart, we have yet to make a swing. We could be seeing that this upcoming week, or the next. The S&P did test the 38.2 fib...
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Here we see USD/JPY that is continuing it's downtrend and closed on the most recent structure low with minor rejection. From what I can see this is an easy 4:1. Take what the market is telling you, read the candlesticks and learn to understand structure. The trend is your friend... we've all heard this... yet not many people trade it? Please leave a like and share :)
BIG SHORT from the retracement levels shown above. STOP: 24.000 Target: 14.000 - 15.000
Retracement on Monday and Tuesday, Crash on Wednesday.
I do not advocate predicting the market, just using probabilities. So this one is just for fun. This is my "Squiggly Line" Theory for the rest of 2020. DO NOT take this as investment advice! TVC:SPX
Short on the 71% and Add on 78% Target 1.0400
Im expecting the US30 / DJ30 / Dow Jones to head higher today and maybe even this week. I believe a strong reversal could be due based on what the charts are showing me right now. Trump is due to speak today and that could create aggressive market movement but also the massive cash injections by the FED could help support the upside movement!
corona is a good opp. for longing DOW JONES. GREEN AREA ARE ENTRIES NEW WORLD ECONOMY ORDER WILL START IN COMING 12months take a look on xrp too