Tradeplicity

Tradeplicity

Is this consolidation getting ready for another impulse move down? We will have to wait and see.

Tradeplicity

Silver recently broke out of a consolidation zone, also a flag formation. It broke pull back to recent resistance now support and seems to be getting ready for the next impulse move. On the fundamental front, uncertainty is still in the air, markets are volatile and the presidential race could have a big effect. And this also in on track with our long term view...

Tradeplicity

Can we break out of this channel. If we do have a 200-300 pip impulse move. If we break above recent high of 112.200 range, we might test the top of the channel before breaking from the channel either to the upside or downside. For now our bias is to the down side. TRADEPLICITY.COM Let trades come to you. If you can't see a technical setup after your first...

Tradeplicity

Cup and Handle Formations can produce high probability trades. Know your risk tolerance before you put on a trade. TRADEPLICITY.COM

Tradeplicity

This could get some momentum behind it after FED Statement. Keep it simple TRADEPLITICY.COM

Tradeplicity

A bearish candle off recent correction territory. WE could have a 1-2-3-4-5 wave move down to the recent low at 155.00 range. Good Luck TRADEPLICITY.COM

Tradeplicity

Whether you are a fundamental, technical or price action trader. You cannot argue against a chart like this. Do not get set in your ways. Always be learning and be open to new ideas and philosophies. You can swear by one or the other but to completely right off fundamental analysis or technical analysis is just ignorant on your part. Trends are set in...

Tradeplicity

Technicals work beautifully until they don't. Tradeplicity.com Follow us to get the latest trade ideas and trading videos coming soon.

Tradeplicity

Rejection tails followed by a convincing bearish candle which broke out of the triangle convincingly This might be a good time to sell rallies and establish a short position. . PROTECT YOUR CAPITAL AT ALL TIMES. TRADEPLICITY.COM

Tradeplicity Updated 

We are anticipating another impulse move out of the triangle to complete our longer time frame corrective C wave. Good Luck -Tradeplicity Follow us to be informed with the latest alerts.

Tradeplicity

This pair has been strongly correlated with the S&P500 and with S&P flirting with a test of 2000 level which is also the 200 moving average. Our bias to test the lower boundary of the channel and possible retest of 110.00.

Tradeplicity

The Kiwi has been in a consolidation/corrective structure for some time. The recent 25 basis point rate cut also didn't help the case for the bulls. A triple top as well has formed around the 0.69000 area which solidifies our bearish bias. Price is still in the consolidation range and forming a minor triangle. A break below this triangle could be a sell...

Tradeplicity Updated 

We might have some choppy action before it gains momentum. REMEMBER: A BREAK EVEN TRADE IS A WIN -TRADEPLICITY.COM

Tradeplicity Updated 

Possible break out of triangle off the 200 moving average. -Tradeplicity.com Plan your trade, trade your plan

Tradeplicity

Price rejected our trend line and broke through it. On the hourly chart, a smaller trend line has been broken. We are selling the breakout and possibly adding more on a corrective move for further weakness. I remember reading a quote, I believe it was from Jack Schwager after interviewing many great traders. GOOD TRADERS KNOW WHEN TO EXIT THEIR TRADES, BUT...

Tradeplicity

Price has come back in the channel. We might see a test of upper range before volatility picks up with the ECB on the horizon. -TRADEPLICITY.COM

Tradeplicity

Our bias is to the upside for more correction before major impulse up or down. The ECB could be the catalyst for such move this month. We will wait and see. otherwise this pair will be more correlated with the JPY without any significant market news. -Tradeplicity.com Coming soon

Tradeplicity

WTI is at an infliction zone. Will it bounce of this long term trend line? Will it break it with momentum confirmed with the double bottom to new highs? Will it turnaround before an impulse move? Will it ignore all technicals and drop (heavy fundamental weakness needs to happen here) -Tradeplicity Ignoring Funadmentals and swearing by Technicals is like Eating...