Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Wait for pull back of the trendline break out and wait for signal that rejects either the 0.382 fib and the support in confluence with it, at the same time the rejection of the support zone.
Might just be a build up to just retest the upper trendline - whose first and only target is adviced for 1.63319, wait for the market to come back, then go for a sell to 1.61001 from around the 1.6400 zone
I got my guns on an upside rally. My take is that the price is only coming to retest both the trendline and the resistance-turned-support at 0.67730. once tested and rejected, we can look for the first target at 0.68672, while the second one would be 0.70407. Maybe too optimistic, but, oh well. Stop loss you will set according to your stop placement strategy
Since the last time i analysed this beaut, i kind of loved its precise movement and just wanted to keep monitoring its movement. I am biased short.
I have been having a very beatiful journey learning to trade. i think i am getting the hang of it. my next goal is to be consistent and profitable. but first, my psychology on loss, greed and fear. i think a really good working risk management template on how to draft one would be helpful. Anyone?