This chart proves the theory that Employment Rates in America is what dictates the direction of the stock market. When people are employed, the market goes up and we should be riding it to the top until employment starts to fall.
Please comment and let me know what you think of this idea and whether I should include any additional data.
111.85 has been a key support on many occasions before on the daily timeframe and just recently it has been used as a support, the price again is coming down to test this 111.85 price and could again bounce and go long.
You can also see that price is staying in the trend lines, so an all round bullish movement is expected with some pullbacks, we will be buying on...
Alright Guys, I've been stalking prices for a while now and I think that we're in for a long trade now. Currently in on a long position up to highs of at least 143.500/147.000.
We could potentially see prices go against us quite rapidly, I've got a very tight stop anyway.
HOWEVER.
I'm already in profit, so let's just wait and see what happens next.
Expect updates...
Haven't you heard it? 'Certainly this year, q2.. q3 , before the year end, no doubt, etc...' We all wish for it, and it is possible, we know...
But how does that look in reality... well... we gotta roll up those sleeves... and break some walls actually, or .. will Wallstreet do it for us?
They will ! Question is... when ? And will they short first, still...
take initiative that the market is at a 40/60 with a 2000% chance of prosperity, know that the people locked @ 20,000 USD in BTC are done panic selling and the selling logs have been filled because Fintech is becoming scalable as we speak; this is the people's money its value will only flourish from hear because the window and bottom is closed support and the...
I just draw on charts and make pips don't know anything else.
Enter on shorter time frames such as Daily/4HR for precise entry points and let the trades run.
Risk no more than 2% of account.
COUNT PIPS COUNT PIPS COUNT PIPS NOT MONEY.
THANKS
SULEMAN
Great company , with over 200 million clients , over 20 years in Lithuanian market.
The scandal released in the newspaper regarding bad management of highest rank responsible person. ( removed from position and changed in one day)
We can assume somebody leaked information that dividends will be increased and year before we see a pretty sharp move up in price...
Price action is getting squeezed in a nice triangle. Watch for break out, wait for confirmation and buy/sell with targets in the chart... I think there is more room downstairs... :) Have fun...
