PMTradeALot

PMTradeALot Updated 

No fundamental on this trade profit taking if we get there by the end of the day.

PMTradeALot Updated 

I am looking to buy AUDNZD at the green box. The NZD labour data was pretty weak this morning. Chances of a interest hike for the AUD ios at 64% on November 7th while the reserve bank of New Zealand has a 89% chance of holding rates on the 29th of November. You can see in one of the picture that I will add below that AU10yY - NZ10Y are pushing higher too We...

PMTradeALot Updated 

European Central Bank policymakers expressed cautious optimism on Thursday that inflation was on its way back to 2% even without more rate hikes and raised pressure on governments to maintain the sort of fiscal discipline needed for a soft landing of the economy. The ECB raised its key interest rate to a record high of 4.0% last month but signaled that its 10th...

PMTradeALot Updated 

Here we are. Hopefully some of you profited on part 1. Gold pulling back on the good US data and the lack of geopolitical updates on the Israel-Palestine war. The war is still so gold is still a buy on pullbacks.\ Here are 2 zones I am still looking. I think the purple zone can still give some pips. I won't hold it long term if it hits the zone and will hope for...

PMTradeALot Updated 

I expect some profit taking at the purple area. You could take a short term long from there if you got the balls to do so. Other correlated pairs are coming to an interesting area so it is another confirmation that the market participants could take their profit on the big move that started yesterday

PMTradeALot Updated 

I got a buy on WTI at the green zone. Support+ 200 Daily MA + 61.8 fib is a great spot to get to a long. Keep your eyes and eyes on the Israel-Palestine conflict. If the Hezbollah (Iran) declare war on Israel and opens a new front we could see Oil flying. foreignpolicy.com Interesting article.

PMTradeALot Updated 

I see a technical bounce on GBPUSD from the red zone. It is 100% technical as I want to be short on USD this week. Beware of all the Fed speech this week especially US Fed Chair Powell Speech. If Powell signals that market is overreacting and we are not at rate peak at the moment, we could see some USD strength back in the market. The GBPUSD trade I won't hold...

PMTradeALot Updated 

Against today's fundamental We could see a technical bounce around the purple zone. 100% technical so it is high risk

PMTradeALot Updated 

I got these 2 zones of interest on a Gold buy. The purple zone and the green zone. I personally prefer the green zone but the purple zone could give some pips. Gold is pulling back on the delay of ground invasion of Gaza. Even those yields and the DXY are pulling back, gold is dropping. Gold is 100% on safe haven mode right now. Keep your eyes on the Israel and...

PMTradeALot Updated 

No need for explanation... just look. It matches well with XAUUSD so its another confluence. Pick one of the 2 with a pending order. Also XAGUSD will be around round number of 20 which is a good psy level.

PMTradeALot Updated 

I have a pending order at the green box. You can see the confluence at the zone. Take profit whenever you feel like it.

PMTradeALot Updated 

Some confluence at that zone. Look it up and bag some profit along the way.... don't be greedy

PMTradeALot Updated 

50 Fib + Key level + Trendline. Don't be greedy, take some profit along the way. It is more of a day trade.

PMTradeALot Updated 

Forming a head and shoulder plus strong zone rejection + + + +

PMTradeALot Updated 

weekly view: TL rejecting 4hr forming H&S

PMTradeALot Updated 

Here it is. Take profit along the way

PMTradeALot Updated 

Alot of confluence at that zone

PMTradeALot Updated 

We hit that yellow zone for a 3rd touch. My issue with this setup is that we rejected the neckline of a reverse H&S . Look at the Daily chart I will show. Trade this pair with a smaller lot size and take profit after 20-30 pips with SL at BE. Be careful