Hey guys, this is the thebulltrader. I have not posted in longtime due to family changes and different investing approaches. Recently I have been trading stock options and am looking to focus more on that aspect. However, my account thebulltrader has been glitched with a "Stuck watchlist" and have created a new account called "Wackinhut" If you like my...
OIL has been struggling for quite a while. This index uses leverage to increase wins/losses. I see a good trade opportunity to short oil and am buying this index to do it!!! 28% profit is a decent potential move for this trade.
Gold has been hold support and has been hold resistance which has been forming a wedge! I am anticipating that this wedge will break higher! Once wedge is broken, gold will go sky-high! Time to buy now and just wait... If gold falls below all time lows, then close the trade.
Downtrend line has been broken. Time to get in and buy! Bullish trend reversal and bullish indicator shows a good opportunity for the next 6 month - a year. If stock breaks above all time highs, I would definitely hold this stock.
It's time to buy DIS for the breakout! Bullish trend + bullish indicator + bullish retracement = % gains. I am expecting Disney to continue higher
RBA has had quite a few big swings! recently, RBA has bounced off 200 day MVA and I am trading for a bounce! My indicator is barely in the green zone which shows that the overall trend is still bullish but barely (haha pun) .... If RBA bounces from here, could see big profits ahead.
BMY is showing a potential breakout with a great reward to small risk. My indicator is showing extremely oversold conditions and pair those conditions with the strong supports on the chart. I believe we will have a reversal!!! Buy in early to get a great price!!
NKE broke downward trend and has broken through wedge! My indicator also showing bullish 50 day moving average with the BULL trend still intact.
I have a longterm buy on ABC stock. The stock has broken out of the downtrend and is on its way to climb climb and climb. My indicator shows bullish trend cross. You may be able to buy it a little bit cheaper but overall, this stock looks very bullish.
Nzdusd is coming off a pretty big red day ever since the fed has raised interest rates. The new Zealand dollar is falling against the dollar in which 200-300 pips would be good areas for some profit taking. Technically speaking, nzdusd is coming near the top of the range and I am expecting more zig zag price action over next few weeks.
Usdjpy completing a 5th Elliot wave and broke downward trend line. Since breakout, we have currently retraced back into the 111's and buying opportunities exist between 110-111.30 If this the the first leg of a new 5 wave Elliot wave, we can expect price to go back to 118 or higher.
I believe we have a completion of the 5th Elliot wave into resistance trend line. For short term traders, I suggest take profit near 1.10 and to near 1.09 RSI levels have been stretched in the overbought condition as well as above my normal range levels from my indicator. My indicator overbought levels typically near 55-60 and we are at 60. A break above 1.13...
I currently have a small long at the .715 support as I have been bullish on this pair since my indicator has been riding my purple buy line. Since then we have broken down and am expecting a little more to downside. But since I'm a longtime holder, I dont mind taking advantage of buying at the famous 61.8 Fibonacci. It's not the most favorite time of the season...
Make some money on nzdusd longs! Buying back into bullish strength, indicator is near bullish bias and we could retest last high and potentially breakout higher.
Trading this eurusd like a boss. All joking aside, I was net short since January 16th and have done made money with my shorts. I am now long on eurusd as it touching my lower bollinger bands. Look for retracement back to 1.08 and a breakout possibly to 1.10
Double top at 1.065 with overbought RSI in orange on my indicator and Range Delta showing overbought conditions near my blue bollinger band.
Today I made 3 videos for my Forex forecast. The videos are about 20 minutes long and take about 12 seconds to load. You can download them at the bottom of the screen when they are loaded and you can rewind and replay/ skip scenes if you wish. For Streaming EURUSD Link: puu.sh AUDUSD Link: puu.sh NZDUSD Link: puu.sh
The Range Delta Indicator previously showed a buying signal on January 16th. Since then, usdcad has gone up and down but staying in range as you can see on the sideways movement on the indicator. We have a potential head and shoulders pattern and indicator's green bollinger band is moving up which could show a strong move higher. USDCAD has stayed above main...