DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past...
DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past...
Maybe next time, I'll do this in two parts... ; ) DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions....
DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past...
Hello traders, I am going to analyze the Mastercard market ( NYSE:MA ), where I entered trade yesterday. My intended entry point was too far from the zone, so I had to w8 for a pullback. That happened yesterday and we could enter the trade with a DISCOUNT. Sometimes setup is very good, but Price Action does not allow to enter the trade. Never mind, we...
After the bottom formed in 23 Mar 2020, the US stock market has been trending upwards and it has since gone up by 30% from the low. The S&P 500 index ( CME_MINI:ES1! ) has gone up from the low at 2174 to more than 2800 as of today. There are even dozens of stocks rallied up by 50–100% during the same period. So, has the stock market hit a bottom already? Looking...
Dow Jones futures ( CBOT_MINI:YM1! ) edged up slightly in the London session today as President Donald Trump will issue guidelines for the re-opening economies. 15 Apr 2020 recap - on the daily chart, Dow Jones futures had a reaction with slightly increasing supply, which broke the previous day's low but demand was seen in the afternoon session to push the price...
Hello traders, we will try to implant a new point of view on the markets today. What if I told you that there is a tool that can find a bottom in the AMEX:SPY market? This tool exists and is called CBOE:VIX . If you compare these two graphs, you will easily see, that almost every extreme in the VIX market found the bottom in the SPY market. Yes, it's...
14 Apr 2020 recap - on daily chart, S&P 500 futures managed to overcome the psychological level at 2800 and close at 2843, which is a bullish sign. Yet, shortening of the upward thrust is spotted, especially in H4 timeframe, since the low from 4 Apr 2020. A rising wedge pattern is formed and is near the end, suggests the time has come to pick a direction to...
S&P 500 futures ( CME_MINI:ES1! ) rose more than 1% to test 2800 psychological level in the Asia session, ahead of the earnings season, which is set to kick off later today. High volatility is expected as majority of the companies are affected by the COVID-19. 13 Apr 2020 recap - on the daily chart, S&P 500 futures had a reaction with lower volume on top of a...
S&P 500 futures ( CME_MINI:ES1! ) slide more than 1% in the Asia session after OPEC plus reached a deal in record oil production cut of 9.7 million barrels per day. On the hourly timeframe, S&P 500 futures dropped sharply at the opening candle to below the support level at 2750. Subsequently it is forming an apex formation during London session, suggests...
9 Apr 2020 recap - Gold futures ( COMEX:GC1! ) jumped up 4% on last Thursday fueled by the worst jobless claim numbers together with trillion dollars injection by the FED. The volume was low on that breakout day suggested the the strong spike up was on the background of lacking of supply. On a higher timeframe, 1750–1800 levels are resistance as seen in...
9 Apr 2020 recap - S&P 500 e-mini futures ( CME_MINI:ES1! ) attempted to break 2800 but encountered strong supply. Though supply was present on Thursday session, there is no significant bearish result. In fact, there is some absorption of the supply as shown in the demand tails on the H4 chart. The presence of supply has caused shortening of the upward thrust,...
9 Apr 2020 recap - just when every one cheers up on a deal among Saudi Arabia, Russia and OPEC regarding production cut, crude oil futures( NYMEX:CL1! ) was sold into strength and broke the support at 24. Crude oil had a jump initially to test 28 but was quickly rejected and dropped below 24. Volume has increased during the slump of the crude oil futures...
DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past...
Good morning traders, Starbucks NASDAQ:SBUX hit a very strong Trend-line. We connected two points that are several years away and it's really interesting because it really stopped the market! This analysis contains not only a description of the current situation but is also partly EDUCATIONAL. The video content is as follows: 1. Market Profile...
DISCLAIMER: Trading Forex involves risk and you may lose more money than you started with! These posts are not to be taken as trade recommendations or financial advice and I offer NO guarantee that any of these ideas will result in profit. Also, trade ideas may change, depending on ever-changing market conditions. You are trading at your own risk and past...
Hello traders, very strong support level raises our chances for a profitable LONG trade in the FACEBOOK market. NASDAQ:FB If you connect these points together, you will get the whole picture, what's happening in Facebook: PINBAR TRENDLINE POINT OF CONTROL ZONE VALUE AREA TRADING RANGE During this rough time it is difficult to follow the trading plan. BUT...