ResonanceTrading

Message Follow Following Unfollow
About me Trading is about probabilities, Investment is about social trends. Invest by leaving the herd. We trade and invest in FX, Commodities, Indices and stocks.
Joined United Kingdom Reso_trading
Markets Allocation
42 % forex 17 % indices 13 % commodities 29 % other
Top Mentioned Symbols
GBPUSD 12% | 3 CL1! 8% | 2 USDCAD 8% | 2 XAUUSD 8% | 2
ResonanceTrading ResonanceTrading USDCAD, 240, Short ,
USDCAD: USDCAD Will go down Eventually
115 3 3
USDCAD, 240 Short
USDCAD Will go down Eventually

This analysis would be valid only if the USDCAD goes to a new high! If it doesn't then the downside move has already started (depending on our Wolfe Wave analysis) and we recommend to start shorting the pair with the provided stop loss price level.

ResonanceTrading ResonanceTrading GBPUSD, 60, Long ,
GBPUSD: GBPUSD going up to fill the gap around 1.36 before going down
65 0 2
GBPUSD, 60 Long
GBPUSD going up to fill the gap around 1.36 before going down

GBPUSD currently in a corrective up move to fill the gap around 1.36 This analysis is wrong if, and only if, the price moves below the beginning of wave I of wave (C). Once this corrective C finishes we will see another impulsive move to the downside that could take us down to 1.26

ResonanceTrading ResonanceTrading FTSE, W, Short ,
FTSE: A bearish outlook on the British economy
52 0 1
FTSE, W Short
A bearish outlook on the British economy

This is our most bearish view on the FTSE100. We still can't confirm it yet so we don't recommend shorting it until we see a 5-wave decline on the daily chart.

ResonanceTrading ResonanceTrading R21!, W, Short ,
R21!: All Stocks Indices are still heading lower after a small correct
134 0 3
R21!, W Short
All Stocks Indices are still heading lower after a small correct

It is clearly that all stock markets are still in a down trend and heading to new lows after a small correction to the upside. Apparently the reason behind this upward correction might be caused by the upward correction in oil too. We recommend shorting stocks instead of buying dips for now.

ResonanceTrading ResonanceTrading GBPCAD, D, Short ,
GBPCAD: GBPCAD is about to head south
43 0 1
GBPCAD, D Short
GBPCAD is about to head south

With the Canadian Dollar reaching to an extreme against the USD we are trying to find the bottom for the CAD on all pairs and it is more clear now that we will reach a primary bottom for the CAD very soon. When we look at the GBPCAD long term trend it is clearly a downtrend and the uptrend started around 2013Q1 is a corrective 5-3-5 trend. In wave C, the fifth ...

ResonanceTrading ResonanceTrading GBPNZD, 240, Long ,
GBPNZD: GBPNZD two Scenarios and both are pointing higher
117 0 6
GBPNZD, 240 Long
GBPNZD two Scenarios and both are pointing higher

The pair has finished an ABC correction and now heading up and we have two scenarios, the first: we are in a wave x upward which is a 5-3-5 corrective wave in the main trend direction (up). The second Scenario, we are going to continue in an impulsive fashion upward to new highs. With NZDUSD breaking a trend line to the downside, it is most probably we are going ...

ResonanceTrading ResonanceTrading DXY, D, Short ,
DXY: Dollar Index short trade
254 2 3
DXY, D Short
Dollar Index short trade

First of all I wash you all a happy prosperous new year. We still believe that wave 4 correction is still underway and we will see the continuation of it during this week. Another scenario is that wave 4 is a running flat in which wave b goes a little bit higher than wave 3 before going down but we don't see this scenario in other USD crosses. If you are looking ...

ResonanceTrading ResonanceTrading XAUUSD, 30, Long ,
XAUUSD: Gold Long trade
196 0 3
XAUUSD, 30 Long
Gold Long trade

This trade set up is based on elliott wave analysis and the extremely negative sentiment towards gold and oil. Risk/reward Ratio = 2 You can buy 50% of the trade now and the other 50% by limit order at 1059. This long trade is in line with our longs in NZDUSD and Oil. Happy trading :)

ResonanceTrading ResonanceTrading SPX500, 240, Long ,
SPX500: SPX could be in a triangle
385 1 7
SPX500, 240 Long
SPX could be in a triangle

This is a small trade we're recommending because wave C has stopped at the level that wave C= 0.618 of wave A. which is the perfect point for wave D to start. If we are correct then wave D should equal 0.618 wave B (ends around 2098). The risk reward for this one is perfect for giving it a try. Elliott wave analysis always provides great risk/reward ...

ResonanceTrading ResonanceTrading AUS200, 240, Long ,
AUS200: AUS200 long trade set-up
85 0 2
AUS200, 240 Long
AUS200 long trade set-up

AUS200 is going in a complex correction and there is a good chance that it will go up significantly next week. We inter this swing trade today with 3.58 risk/reward ratio and we close our longs once leg C = leg A Happy trading :)

ResonanceTrading ResonanceTrading USDCAD, M, Short ,
USDCAD: USDCAD long-term is SO bearish
140 0 2
USDCAD, M Short
USDCAD long-term is SO bearish

As We all know nothing goes up/down in a straight line, and with all the bearish sentiment for Oil and CAD we are sure that the turning point is near. Of course, one of the most important rules is not to try to catch the turning point (TP) "do not catch a falling knife" *****So we are not saying to short USDCAD now****** In the monthly chart it is clear that ...

ResonanceTrading ResonanceTrading SPX, D, Short ,
SPX: A quick S&P 500 short trade
115 1 3
SPX, D Short
A quick S&P 500 short trade

This quick short trade is in line with our bearish view for the S&P500. It seems that the S&P500 has finished an abc correction to the upside on the 15-minute chart, where wave c is an Ending Diagonal. If this count is correct then the S&P 500 will start declining in Primary wave (C) to finish the correction started in May 2015; that will lead to new lows during ...

ResonanceTrading ResonanceTrading GBPUSD, 360, Long ,
GBPUSD: GBPUSD another bullish high-probability count
61 0 1
GBPUSD, 360 Long
GBPUSD another bullish high-probability count

This count might not be the preferable count for many traders. It is ugly, hard to see for the inexperienced eye but, its probability is increasing. A lot of traders are expecting the British Pound to head south including us but the chart has been giving us lots of 12 12 12 waves to the downside with no impulsive wave 3 of 3 of 3 which is worrying. That's why I ...

ResonanceTrading ResonanceTrading NZDUSD, 240, Long ,
NZDUSD: NZDUSD Long Trade
44 0 2
NZDUSD, 240 Long
NZDUSD Long Trade

As we know Elliott Waves Analysis states that all moves happen in at least 3 Waves A-B-C in which wave A is a 5 impulsive waves, wave B is a corrective wave (could be sideways, zigzag or a complex combination), wave C also is a 5 impulsive waves that could be C=A or C=1.231A or C=1.618A. Trading wave C is the most rewarding trade because of its high probability ...

ResonanceTrading ResonanceTrading CL1!, D, Long ,
CL1!: "Oil Bottom" sooner than you think
612 4 11
CL1!, D Long
"Oil Bottom" sooner than you think

Oil currently is its last stages of the decline that started in the summer of 2013 and it will place a bottom within the next few weeks. It is declining now in Minute wave v "which will be a 3-wave decline" where Minute waves i, ii, iii, iv and v represent the ending diagonal wave 5 of wave (5). We are expecting wave v to over-shoot to the downside of the ending ...

ResonanceTrading ResonanceTrading XAUUSD, M, Long ,
XAUUSD: Where is gold heading in the next weeks, months and years?
516 0 6
XAUUSD, M Long
Where is gold heading in the next weeks, months and years?

In the medium term, gold is in the 5th wave of an ending diagonal that could end around 1030. But before heading to new lows we could see a correction towards 1120 levels in the (B) wave. In the long term, gold should start a multi-year upward move towards 1450-1500 during these years the sentiment will shift from bearish to bullish and analysts will call for new ...

ResonanceTrading ResonanceTrading AUDUSD, 240, Short ,
AUDUSD: AUDUSD Short trade
53 0 2
AUDUSD, 240 Short
AUDUSD Short trade

Both counts are possible and both counts present a great risk/reward ratios (3.47 and 4.14) our stop loss should be few pips above the 12-October High. In the triangle scenario ,for wave (4), the price would go to 0.6695 which is the "wave (5) = wave (1)" target. And in the zigzag scenario ,for wave (4), the price would go to around 0.6550 which is the price ...

ResonanceTrading ResonanceTrading GBPUSD, 240, Short ,
GBPUSD: GBPUSD is Heading down
53 5 3
GBPUSD, 240 Short
GBPUSD is Heading down

Presented above a possible Elliott Wave analysis of GBPUSD. Price should start accelerating to the downside within the next 48 hours. All other possible Elliott Wave analysis suggests that the price will go to at least 1.4650

12 Show More Ideas
Last visit
5
0
25
Message Follow Following Unfollow
Last visit United States
35
26
313
Message Follow Following Unfollow
Last visit
32
0
142
Message Follow Following Unfollow
Last visit
25
33
287
Message Follow Following Unfollow
Last visit Serbia , Belgrade
62
8
353
Message Follow Following Unfollow
Last visit
8
0
40
Message Follow Following Unfollow
3
7
56
Message Follow Following Unfollow
Last visit
14
3
98
Message Follow Following Unfollow
Last visit
2
0
8
Message Follow Following Unfollow
Last visit
3
0
16
Message Follow Following Unfollow
Last visit
5
0
25
Message Follow Following Unfollow
Last visit
25
2
143
Message Follow Following Unfollow
Last visit
16
0
73
Message Follow Following Unfollow
Last visit
30
3
154
Message Follow Following Unfollow
Last visit
25
6
122
Message Follow Following Unfollow
Last visit
11
0
44
Message Follow Following Unfollow
Last visit Maldives
3392
317
25665
Message Follow Following Unfollow
Last visit
2532
349
11378
Message Follow Following Unfollow
Last visit
9779
3158
86843
Message Follow Following Unfollow
Last visit India
920
218
4098
Message Follow Following Unfollow
Last visit
283
18
1168
Message Follow Following Unfollow
Last visit Jordan
17330
799
73812
Message Follow Following Unfollow
Last visit Canterbury, Kent, United Kingdom
504
190
2953
Message Follow Following Unfollow
Online United Kingdom
1734
1299
20776
Message Follow Following Unfollow
Last visit
2853
629
17167
Message Follow Following Unfollow
Last visit UK
938
67
4028
Message Follow Following Unfollow
SPX500
S&P 500 index of US listed shares
Follow Following Unfollow
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out