It's already trending higher . If risk is not good , pass the trade , do not try to fit anywhere. I don't know what will happen , I just observe what is happening right now. Market can crash 1000 pips anytime , so don't try to predict. If you bias is no longer valid , get out of a trade or just stay away for extra confirmation. It's better to miss a trade than to...
Interesting to watch these levels for further moves in either direction.
Thinking about Going Long FB , however I will wait for Monthly,Weekly close first to see and then I will decide which direction to choose.
Aussie is amazing these days , It shows very nice trading opportunities. A lot of people are trapped here however. No reason to sell this pair for now. It can be sold only higher. We are on Major levels which show us strength. I currenthly anticipate higher prices next month . I'm waiting for more confirmation from Monthly close , If needed I will wait for Weekly...
Strong trendine broken , 2 times Test , Continuation higher making NEW HIGHS , forming something line Inverted Head&Shoulder , wave analysis can be put into consideration here too , a lot of opportunities around Alcoa are anticipated. I'm flat , out of this market for now , Thinking and Observing Price Action , Do the same , Do Not trade , stay and observe , watch...
Probability for short . I want to see weekly close however. These days market is so indecisive. Most of the trades are stopped by Spikes , better to stay out. It's possible for USD/CAD to go down , up as well.
Around very very important level. From this moment price can move higher/lower/sideways. A lof of indecision however I will watch for more bearish signs before entering.
Waiting for more price action. Don't try to predict , YOU CAN'T !!!
Nothing sure in market guys!! Anticipate , Observe , Analyze and Risk small , ALWAYS.
Looking for short opportunity soon. Daily lose first below resistance.
Descending Channel , Lower continuation is likely to occur. However , We cannot predict the market. All we have is price and need to learn how to read it correctly. I'm just reading charts. Spike from lows , spike from high. A lot of indecision in the market. Better to stay out or at least Risk small.