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"The lust for comfort destroys the passion of the soul" - Kahlil Gibran
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The EUR vs JPY is showing hourly divergence on an overall downtrend. Also, I don't normally trade trendlines but have been experimenting with them lately. Some swear by them, others hate them. I have no opinion yet. Do you?
Lets see what happens.
What do you think?
With NFP tomorrow, I am not entering now but will after the reaction. If there is much of one.
I see this pair falling further. Weekly signals a short. Multi wick rejections and heavy sell pressure.
Note that like OANDA:EURUSD these Dollar pairs and crosses are heavily manipulated, so they are harder to trade, imo.
Thoughts? Share below
I analyze the price of COINBASE:BTCUSD to do something similar as seen on chart.
They want the price higher and will most likely do some weird "liquidating" type moves in both directions before moving to the next price range higher.
Volume is the biggest indicator in crypto, in my opinion, and the hardest to predict as to when it will come. Setting volume...
Media reports that "bearish EIA data" is responsible for the decline in US and and UK oil. May be but whatever
The way I see it is after that news, there was a short signal. I was already in, myself, and this just escalated my position.
I like trading both TVC:USOIL and TVC:UKOIL
Have any insights, suggestions or oil trading tips? I'd LOVE to hear them!...
I managed to trade this short twice already and should still be in this trade. There is not much volume right now on the pair but thats partly why I like it. Less manipulated.
This is a continuation of analysis done two weeks ago and this week. Re entering short on current retrace up.
What do you think about CADCHF? Any fundamental reasons I am wrong or...
Been watching USDCAD for sometime and find it may be about ready to go a trending (again).
Long term macD has been a good signal for this pair and is about to signal a buy again. The momentum builds and after CAD news tomorrow.....might be the catalyst.