Good morning and welcome to episode 787 of ‘Talking Bull’. Here are the latest headlines today, New York Empire index recovers,US yields move higher again, Dollar retreats from intra-day high, Record high for the FTSE index, Bitcoin jumps.
Trade Idea: Buying Natgas Reasoning: Posting higher lows after extended selloff. Potential double-bottom on s/term charts. Breaking above Ichimoku Cloud resistance on hourly. Entry Level: 2.602 Take Profit Level: 2.937 Stop Loss: 2.477 Risk/Reward: 2.82:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains...
Trade Idea: Selling GBPJPY Reasoning: Resistance on the daily. Small top on the 60min. Entry Level: 161.15 Take Profit Level : 158.82 Stop Loss: 162.21 Risk/Reward: 2.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Buying SPX500USD Reasoning: Potential inverse head & shoulders forming on hourly chart. Price support by 4hr Ichimoku Cloud. Bullish hammer posted on Fridays candle. Entry Level: 4085.7 Take Profit Level: 4163.7 Stop Loss: 4060.3 Risk/Reward: 3.20 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both...
Trade Idea: Buying SPX500USD Reasoning: Overnight sell-off has stalled. Posted a higher low on hourly chart with morning doji star formation. Entry Level: 4086.6 Take Profit Level: 4147.0 Stop Loss: 4057.0 Risk/Reward: 2.04 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high...
Trade Idea: Selling EURCAD Reasoning: Potential engulfing candle on the 60min. **Employment data today** Entry Level: 1.44225 Take Profit Level: 1.4360 Stop Loss: 1.4452 Risk/Reward: 2.1:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...
Trade Idea: Buying GBPCAD Reasoning: Fading NZDUSD into resistance Entry Level: 0.6365 Take Profit Level: 0.6270 Stop Loss: 0.6393 Risk/Reward: 3.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Trade Idea: Buying AU200AUD Reasoning: Downside move has stalled and there has been a reaction higher from support. Breaking up through short-term Ichimoku cloud resistance. Bullish engulfing on 4-hour chart. Entry Level: 7461.5 Take Profit Level: 7542.5 Stop Loss: 7430.0 Risk/Reward: 2.57:1 Disclaimer – Signal Centre. Please be reminded – you alone are...
Trade Idea: Buying GBPCAD Reasoning: Swing failure on the daily, possible short term bottom on the intraday Entry Level: 1.6175 Take Profit Level: 1.6346 Stop Loss: 1.6110 Risk/Reward: 2.61:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
Trade Idea: Buying AUDUSD Reasoning: Inverse head & shoulders formation on short term charts, after posting bullish engulfing on the daily chart. Entry Level: 0.69834 Take Profit Level: 0.70808 Stop Loss: 0.69400 Risk/Reward: 2.29:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a...
Trade Idea: Buying Brent Oil Reasoning: Rallied into resistance Entry Level: 82.28 Take Profit Level: 78.99 Stop Loss: 83.63 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
Trade Idea: Selling GBPAUD Reasoning: Rejection from 200-day MA after reaction rally and Doji candle. Overnight move lower has accelerated and breaking below short term Ichimoku Cloud. Entry Level: 1.73633 Take Profit Level: 1.72886 Stop Loss: 1.73925 Risk/Reward: 2.61:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading...
Trade Idea: Buying EURNZD Reasoning: Possible continuation pattern Entry Level: 1.70750 Take Profit Level: 1.7290 Stop Loss: 1.7010 Risk/Reward: 3.1:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Trade Idea: Selling WTI Crude Oil Reasoning: Price action continues the trend lower. Bearish flag forming on hourly chart. Entry Level: 73.73 Take Profit Level: 71.38 Stop Loss: 74.38 Risk/Reward: 4:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved...
Trade Idea: Selling Gold (XAUUSD) Reasoning: Potential shooting star candle on weekly after doji. The daily chart highlights a bearish outside candle, engulfing the previous 2 weeks of price action. Entry Level: 1912.87 Take Profit Level: 1880.49 Stop Loss: 1924.56 Risk/Reward: 2.77:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for...
Trade Idea: Selling GBPCAD Reasoning: Bearish flag on GBPCAD? Entry Level: 1.6421 Take Profit Level: 1.6272 Stop Loss: 1.6480 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Trade Idea: Selling JP225USD Reasoning: Hanging man candles continue to hold the rally at resistance levels. News sentiment is negative and momentum is stalling. Entry Level: 27374 Take Profit Level: 27491 Stop Loss: 27100 Risk/Reward: 2.34:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses....
Trade Idea: Buying Natgas Reasoning: Price action posted a new low yesterday, however afternoon price action reacted higher forming a bullish hammer candle on the daily chart. The overnight pullback has stalled and reacted higher at the Ichimoku cloud base. Buying offers great risk/reward after a monster selloff. Entry Level: 2.862 Take Profit Level: 3.20 Stop...