Trader: Pls just read the 4h chart! I see no higher for EURUSD which is under pressure of EMA400 with a double head! Just short it, without consideration. Less is more!
Traders: In 4h chart, USDCAD is about to break the descending channel and probably make a retracement back to the red descending channel. Then will make you a good entry to short it again. This pair cant short right now, pls b patient. Less is more!
Trader: Scalpers would not miss the long entry at 51. But now, another good opportunity for scalpers to short it too. Channel, channel and channel. If you keep attention for my charts, you know what i mean. Less is more!
Traders: Technically, usoil is losing the energy to rally now. You can esp check that out in the daily chart with RSI div. This is a good news for scalper to short. Not to deep, but just fibo 382 retracement. Less is more!
Traders: I love to long this pair not only because its really in the ascending channel which is good to long accoring to the wave of waves stratrgy, but also because of the interest of overnight. Pls follow the trend this time for scalper. Less is more!
Traders: UJ is still now in a ascending channel. But look at the big pic, this is going to b a good opportunity to enter short trade. Great entry with great return. Less is more!
Traders: Its quite conservative to predict uj will drop down to 115 (FIBO EXT 127) which is obvious in this chart. As the end of the wave z, there could b 5 small waves following the 5 small difficulities waves. Lets see what will happen. Less is more!
Traders: Its been a while since gold staying in the bottom and showing us more and more clues. In the ascending channel, we assume is a process for gold's retracement. And gold need at least 5 waves to finish the bottom movement. So you can see our plans here. Less is more!
Traders: Silver has the similar movement as gold. No more details but check chart and gold's latest chart! Less is more!
Traders: This is a channel strategy. Trade it with waves count to b finished. Less is more!
Traders: Its too early to say UJ will drop straight back to 110. But at least we can see that the high is getting lower now. And at least 114 can b expected to be soon. Before that , Point D would b a small retracement for now. Less is more!
Traders: Easy plan for GU now. Yellow trendline broke and any retest of the yellow trendline would be the chance to short it without question. For now , you can try the long trade with entry at 1.24 and tp 1.256. Once GU back to the fibo 382-618, we would sell it till the bottom . Less is more! And Merry Christmas!
Traders: OIL find its support at 50. The support signals which are signed are simple to find out in the chart. Long it till the resistance area and then see if oil can make lower high. Then short trade entry can b there. This time, short trade tp can down to 45-47. Less is more!
Traders: There is voices in the market that gold will copy the same pattern of movement from the end of 2015 to the begining of 2016. We agree that gold will have a retracement from the bottom, but the question is how far can gold go? and where is the bottom? This time, at the end of 2016, the week chart is not showing any sign of slow falling. At least , it...
Traders: As always, there is a beautiful wedge in silver's daily chart, giving us more clue to trade. Hopefully will do the movement like chart shows. Long trade FOR SCALPER waiting for 16 support confirmation. Short trade watiing for 16.68 to confirm the entry. short trade can drop deep down to 15.5-14.5. Less is more! Merry Christmas!
Traders: In the week chart, we are expecting USDCAD will drop down to 1.137 around. But this will take at least 4month to go. In this chart, there are double certain that USDCAD cant make any higher than 1.35. Redline and yellow channel both broke. Can this be a clue to oil's movement? Lets see! Less is more! Merry Christmas!
Traders: As US dollars getting stronger and stronger, traders can benefit more by tUJ and EU because of the interest margin. EURUSD should drop down more after breaking the neckline. And the retest will be the opportunity to entre short. As chart shows, tp down to 1.02 or lower 1.0. Less is more! Merry Christmas!
Traders: This is another typical channel strategy for Silver to drop. This time we are excpecting a fibo618 as tp, before the big bomb on Thursday. Less is more!