Trader522

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Last visit Joined

1 Followers 22 Boosts 4 Ideas 0 Scripts

Markets Allocation

50 % commodities 25 % forex 25 % other

Top Mentioned Symbols

CL1! 25% | 1 XAUUSD 25% | 1 ES1! 25% | 1 EURUSD 25% | 1

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Awaiting a correction soon

ES1!

, DShort

Trader522 Updated

Waiting for a correction down in this market soon. I have exited most of my long positions, but do still keep one alive to try time the breakout. A few points in favor of this idea; There are two wedges forming inside the daily channel Upper channel line has already been touched once by last bullish wave. Bollinger bands are getting very narrow, implying a...

Still short if channels hold

EURUSD

, DShort

Trader522 Updated

Every price jump within the two channels above is good for holding longer selling positions. The swap on selling this pair is positive now as well, making it profitable to just hold sell positions.