We have two analysis methods here. Each one is telling different story. The green one is our last idea that GJ should start dropping from the red resistance zone because we have a green parallel channel that showing a possibility of reflection point on the channel. What happen if GJ break that red zone? The blue broken trendline makes that possible too. On that...
Dxy really did what we wanted. Stop dropping and rallied up from 94, actually it made 93.81. Now the channel is confirmed as valid. And as long as it keep staying inside , it will move alone the light blue 1-2-3-4-5 wave up to hit 99.4 before the end of 2018. Better before Xmas. Less is more!
Gold just have a correction on last Friday. Once the correction is finished, we are looking for another good chance to short it again. Becoz gold is still inside a descending channel, a bigger probability for it to drop more than our expectation before the end of 2018. So still waiting for entry signal. LESS IS MORE!
GBPUSD is facing a possible CYPHER C . That make C-D has a 600 pips for pips hunters. The channel is still valid now and this would make a retest of 1.32 or higher position is possible. That could a good entry with smart SL to join the short trade. Less is more!
Our last trade on XRPUSD hit TARGET 1. Now consider this is a new short trade. A trading signal on XRPUSD : EN: 0.538 SL: 0.582 TP: 0.468
BTCUSD is squeezed by this triangle that it will go either way once this triangle is broken. On the current moment, bear or sellers seem stronger by pressuring price with a descending resistance line and a resistance horizontal red line. The bottom green line is buyers' another support or entry opportunity . Btc will either be supported by the green line or...
Our last ideas on gold and dxy are right . Gold is dropping down again inside the channel while Silver is dropping down again outside the channel. These brothers are going to test next support soon while almost at the same time NOW STOP DROPPING ON S1. Gold is still considered in a descending channel that it will approach the bottom of the channel or the...
Remember this one: This daily descending channel now is confirmed as valid and a possible main descending wave is getting start. The position happen to be a reflection point on the channel. Down to the middle line, it possible for 500 pips. So try to find our profit in this pips zone. After that, a maximum 1000 pips is possible for this pair to drop down to the...
EURJPY had just finished a ABC wave. It looks like it getting down from the reflection point on the channel. That makes price is possible to drop down to a position quite close to 130. And then it will have a decision to make, up or down. Less is more!
EURUSD is facing a blue strong resistance zone on daily and 4H chart. The blue channel is not actually broken yet. So C could be a higher position LIKE 1.185. Once C is confirmed, C to D could be 500 pips to hunt. But we will focus on the first 300 pips which is easier to achieve. And this is not a trade triggered yet. Still waiting for entry signal. Less is more!
On this chart, DXY has two channel that are waiting for confirmation. According to RR and the small blue channel, 93.5 is possible to be test this week. In the big blue channel, it can tell you that DXY is on its corrective wave. So assuming 93.5 would be a good start for wave 3 up. 93.5 also is FIBO 382 of the first main big wave. Once 93.5 is confirmed, easy for...
USOIL hit the middle line of the channel now. Is quite possible that it will correct down to 69 or lower position bfore making a new high like 80. And our last signal to long USOIL is now under no risk , so just keep the 1/4 lot size to see what happen. Less is more!
CADCHF is not a popular pair to trade. But this time, it shows bear signal on daily chart. This is the 225 pips of wave 3 of big main wave 3. Less is more!
AUDCAD has a broken channel , indicating a bull reversal. For our wave 3 (B-C), there are 200 pips more to be hunt. Less is more!
BTC has been staying beneath a trend line for such a long time. And every time when it want to break that line, it failed. This give us another thought about the possibility of new low. 5800 is the obvious support zone that no one can ignore. What happen if that 5800 is no longer a support? 5180 is the new low probability. Our last idea on BTC is still valid and...
Gold is still stay inside the big blue channel. Even though it rallied up one month ago when it hit 1173, it still cant break the blue big channel. That makes it dangerous becoz sellers are gathering together again and buyers are losing confidence. That small gold channel is considered as broken. It will get me no surprise if it drop down from 1212 and make a...
Hello traders, Remember our last idea on UJ? We were waiting for a short trade opportunity which did not happen as wished. USDJPY has made it pass the middle line of the channel and now it only a position that looks like a resistance zone but still not confirmed as. So right now we dont want to risk to short UJ . We do love to follow the trend try to enter a...
EURUSD is facing a resistance zone since LAST FRIDAY. What does it means? Do you mean you can short now? To my experience, that depends. We have our last long trade on EURUSD entered at 1.161, and with TP2 hit , only 1/4 size left with no risk because we always move our SL to our entry after TP1 hit. So that trade is under no risk. So we can keep our 1/4 trade to...