Mamou-Q

Mamou-Q Updated 

A nice sell opportunity, with nice R:R ratio (Go with 1 :10, yes really! ) :)

Mamou-Q

In this post, I have indicated how to correctly identify the touches of a trend line. you will hear many saying connect two points and the third should be the confirmation. While this happens and happened often in the past, the regular way of drawing a trend line is no more as effective as it was. market makers / movers know all bout these educational tips and do...

Mamou-Q

Don't miss the opportunity, don't follow the norm, instead buy SPX! (and/or Gold of course :) and thank me after!

Mamou-Q

and impulse and push higher is coming... just sayin' plus my kangarooo's just popped out on my chart :)

Mamou-Q

i really do trust my indicator when it tell me to sell or to buy! and this time has given multiple sells on SPX. So take advanteges of that! Good luck!

Mamou-Q Updated 

As indicated before in my previous analysis(see links), Bitcoin needed to break out and close lower than 35555 for a continuation to the downside. As expected, Bitcoin has just broke out the symmetrical triangle on the 4 hour chart. and I expect it to continue down to the next target around 28000. You can rest assure that bitcoin is not going up for the...

Mamou-Q

I was hoping that SPX is going to reverse but it has broken the upper resistance of the symmetrical triangle instead. This put us in a long position instead of short. Good Luck to you all.

Mamou-Q

If you have followed my previous analysis you should have made a good portion of profit, (see link) but honestly, I myself didn't completely follow it and kept closing my short position after being demotivated by some on the chats of tradingview. One lesson I have learned, don't listen to anyone else's when it comes to trading, make your own analysis, believe...

Mamou-Q Updated 

Hello trader, following my post on GOLD, I believe that it is time that we can short gold as its more likely to be heading down along with the indices after being overbought on multiple bars and divergence in place. an area to watch for is indicated on the chart, look to the left shoulder at the lowest point and that should be your target, take in consideration...

Mamou-Q Updated 

SPX one more really to the down! I do trust my handmade indicators :)

Mamou-Q

Previously I have posted a long term analysis of GOLD with a bullish bias. I still believe that we are in a bullish trend, however, a correction is necessary to keep a trend healthy. Looking at gold chart at the moment, it looks like that it has started the retracement move. I made a sketch of I believe is going to happen during this retracement. Basically, a...

Mamou-Q Updated 

Hello traders, For some time my bias was bearish on gold till recent price action started to show a true reversal signs. I have analysed all time price of gold since 2006 till now and these are my assumptions: - 2006 - 2012 : Gold traded in an ascending channel, which was invalidated by the following symmetrical triangle; - 2011 - 2013 : Symmetrical triangle was...

Mamou-Q Updated 

Today Morning price has broken the all-time rising wedge. The chart above shows the rising wedge with its impulsive break, together with the contained patterns bitcoin has been trading in in the last year. Patterns were drawn with their targets and measurements accordingly without a break of common rules. Trade safe and good luck!

Mamou-Q Updated 

The reversal of crude oil happened after breaking the weekly channel couple of weeks ago as anticipated in my previous post (See link), a nice short trade was initiated. Was really one good trade. Oil was ever good to us, providing another setup to go short again. Wait for a rejection around the upper line of the symmetrical triangle. trade safe & Good luck!

Mamou-Q

if it is not obvious by now that SPX reached its peak and it is in its right now to go down for some retracement. Taking into account all whats happening at the moment, from covid, stimulus inflation, etc, it's unrealistic whats SPX has reached the last couple of months with its parabolic move. This is unhealthy and not sustainable in the long run. So a proper...

Mamou-Q

Earlier I mentioned that NZSJPY is about to reverse with an impulsive move down, which is what happened exactly as anticipated. If you had the chance to get into that short trade then you might have gained some profit. I still believe that the rally to the down is still due and will continue till it reaches the key zone around 76.500. A breaking under 76.565,...

Mamou-Q

A month ago I have posted that gold is going to a huge push down targeting 1680 which is exactly what happened. I expect Gold to go for another push down. Gold was trading in a rising wedge which was broken impulsively this morning. Price is retesting the resistance currently, a short opportunity once price is rejected around the key level 1742.

Mamou-Q

After the impulsive break of the ascending channel on the daily of NZDGPY, price came back to retest the resistence and now almost ready for shorting. NZDGPY tend to reverse after forming double tops if you have noticed. So I expect price to reach the top before reversing. Trade safe & Good luck!