Methal

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About me Law Student and Chart Enthusiast with Over 5 years experience in the Markets. Currently Divulging in FX. STAY HUMBLE
Joined Lac La Biche , Alberta, Canada
Markets Allocation
64 % stocks 36 % forex
Top Mentioned Symbols
EURUSD 12% | 3 MNST 12% | 3 AUDUSD 8% | 2 MU 4% | 1
Methal Methal USDCAD, 720, Short ,
USDCAD: USDCAD SHORT
33 0 2
USDCAD, 720 Short
USDCAD SHORT

USDCAD Short. * The chart has broken previous daily resistance, however buyers seem to be stalling. Watch that daily candle close for confirmation. Scale in. * SHORT TERM TRADE * continuation trade to the Downside. Target : 1.23544 STOP Loss : 1.25508

Methal Methal EURAUD, D, Short ,
EURAUD: SHORT
187 0 1
EURAUD, D Short
SHORT

EURAUD Short. We have broken the upper trend line which is significant Bearish evidence. We have also retested and failed with a shooting star. Target 1 : 152.63

Methal Methal USDJPY, W, Long ,
USDJPY: USDJPY Short term Long
100 0 0
USDJPY, W Long
USDJPY Short term Long

USDJPY approaching the bottom of the range. Looking to go long to that 123.60 area. Tight stop below 115.70.

Methal Methal GBPUSD, D, Long ,
GBPUSD: BUY
97 0 0
GBPUSD, D Long
BUY

GBPUSD has pushed through Significant resistance. The moving averages have know crossed and price is above for the first time in a while. Looking to add here on a pullback at the 1.4550 levels. Target 1 : 1.4800 Target 2 : 1.50

Methal Methal EURUSD, 240, Short ,
EURUSD: SHORT FOBO
154 0 2
EURUSD, 240 Short
SHORT FOBO

Watch the Fake Out Break Out ( FOBO) here. Looking for a real kiss of that 50% retrace or 61.8%. Not convinced to go long here. Feels likethe institutions running this up to move it lower. Target 1 : 1.0786

Methal Methal AUDUSD, 240, Short ,
AUDUSD: SHORT
48 0 0
AUDUSD, 240 Short
SHORT

Looking to short AUDUSD back to the .6800 area. The 38.2% Fib is acting as resistance coupled also with chart resistance. Target 1 : .6800

Methal Methal EURUSD, 240,
EURUSD: Toss Up
106 0 3
EURUSD, 240
Toss Up

Looking to go long on a confirmation of the 50% retrace holding. If we Break Will Short to that 61.8 % and look to go long at this level. If that breaks will hold short with a trailing stop Loss

Methal Methal AUDUSD, D, Short ,
AUDUSD: SHORT
58 0 0
AUDUSD, D Short
SHORT

Looking to short AUD to the -27.00 Fib at 0.6617 or that -61 FIb at -0.64. We broke Key Support here. tight stop.

Methal Methal EURUSD, 240, Long ,
EURUSD: EUR/USD Long off Kiss of 50% retrace and Daily support
56 0 0
EURUSD, 240 Long
EUR/USD Long off Kiss of 50% retrace and Daily support

Looking to go long on a kiss of that 50% retrace and daily support around 1.0800. If we break looking to go short for a test of the 61.8 at 1.072

Methal Methal HZNP, W, Short ,
HZNP: HZNP WEAK PHARMA STOCK
11 0 0
HZNP, W Short
HZNP WEAK PHARMA STOCK

$HZNP Levels. * Await a pull up to that 25 level for an entry SHORT. * Longer Term Short. * Target 1: 22 * Target 2 : 17 Area Nice Bearish MA CROSS ( WEEKY CHART)

Methal Methal MU, W, Short ,
MU: MU SHORT ( WEAK SECTOR PLAY)
16 0 1
MU, W Short
MU SHORT ( WEAK SECTOR PLAY)

$MU Levels. * Weak off that rejection of the 200EMA. * Longer term Short * Target 1 : 11.70 * Target 2 : 10 Even Bearish MA DEATH CROSS

Methal Methal CVS, W, Short ,
CVS: CVS BEARISH MA CROSS LONGER TERM SHORT.
18 0 0
CVS, W Short
CVS BEARISH MA CROSS LONGER TERM SHORT.

$CVS Levels. *Short on a break of 98.40 * Longer term Short * Target 1 : 80.0 * Target 2 : 75. Nice bearish MA cross 8/21 on weekly

Methal Methal GDX, W, Long ,
GDX: GDX
25 0 0
GDX, W Long
GDX

* GDX, watch that weekly support. I like this level for calls. * 50% on your calls.

Methal Methal NKE, D, Short ,
NKE: NKE SHORT CLUSTER RESISTANCE
15 0 0
NKE, D Short
NKE SHORT CLUSTER RESISTANCE

NKE Threading the needle off that upper trend line. Failing up here and overbought. watch that 104-103 level for a price target.

Methal Methal WBA, D, Short ,
WBA: WBA BEAR FLAG
52 0 0
WBA, D Short
WBA BEAR FLAG

WBA in a bear Flag pattern. The flag pattern is perhaps the most favorite For most technical analysis traders. Watch that 78 level, which would be the measured move. Wait for confirmation.

Methal Methal JBLU, D, Long ,
JBLU: JBLU LONG lots of support Stochastic s turning up
141 0 2
JBLU, D Long
JBLU LONG lots of support Stochastic s turning up

JBLUE is holding this Trend-line support watch the levels 19.50-20 buy zones. The airlines are all hitting the buy levels. I cant stress enough, traders must learn to BUY the FEAR and SELL the GREED. Always have a plan and always have a stop. understand your parameters and you will do well. KEEP IT SIMPLE TRADE LEVELS

Methal Methal ESRX, D, Short ,
ESRX: ESRX Failed Trend-line
12 0 1
ESRX, D Short
ESRX Failed Trend-line

Watch that 85-86 level for profit targets.

Methal Methal WMT, D, Long ,
WMT: TONS OF SUPPORT ON WMT
11 0 0
WMT, D Long
TONS OF SUPPORT ON WMT

Buy the Fear. There is tons of cluster support here and its holding. Grabbing a starter position long here.

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