chartwatchers

PRO
Message Follow Following Unfollow
About me "It is much easier to watch a few than many." J. Livermore For analysis I use candlestick patterns, chart patterns, indicators, cycles, sentiment. I’m a trader on the gold market since 2004. I’m watching 5 minutes/1 hour / 4 hour / daily / weekly chart
Joined Hungary ArpiKerenyi
"Markets are never wrong – opinions often are." Jesse Livermore / I called the bottom of oil on 25.02.2016 here at Tradingview.com
Markets Allocation
15 % stocks 8 % forex 1 % indices 77 % other
Top Mentioned Symbols
XAUUSD 30% | 143 USOIL 17% | 85 DXY 6% | 31 NGAS 5% | 24
chartwatchers chartwatchers PRO GDXJ, D, Short ,
GDXJ: GDXJ - Flag of surrender
1261 14 34
GDXJ, D Short
GDXJ - Flag of surrender

We are printing a flag here with an especially low volume on the last 2 days... Sometimes next week it's going to break down. I was watching the chart today and noticed that on the 27th of February GDXJ lost all of its chance of going higher and printing a powerful intermediate cycle. It broke below the 100 EMA on high volume on that day. On the 15th of March it ...

chartwatchers chartwatchers PRO XAUUSD, D, Short ,
XAUUSD: GOLD - feed fed FED
10333 119 153
XAUUSD, D Short
GOLD - feed fed FED

Bulls took the bait nicely. The story is always the same : small traders are fed as they are chasing the price before the big correction. Big players and banks are positioning in miners shorts and gold shorts. The small traders are concentrating on a trendline breakout which died out. It's true we broke the trendline and that could be the beginning of a run higher ...

chartwatchers chartwatchers PRO JDST, D, Long ,
JDST: JDST - The big long
1438 20 35
JDST, D Long
JDST - The big long

I think this one is going to produce the biggest gains in the next month. The 200% is almost guaranteed, but even the 300% is not impossible. We are going to have the 2nd biggest volume in JDST history today. Big players were buying. I love to buy with them.

chartwatchers chartwatchers PRO GDXJ, D, Short ,
GDXJ: GDXJ - Freefall v2.0
510 4 21
GDXJ, D Short
GDXJ - Freefall v2.0

If gold is going down after a half year rally. What do you think the junior miners will do? Yes they are going to fall too. After an unsuccessful break above the 200 SMA it tried to tag it but couldn't even rise to the 200 SMA. And today we are turning down sharply . I have to note that this cycle in the junior miners was extremely weak. Even weaker than the ...

chartwatchers chartwatchers PRO DUST, D, Long ,
DUST: DUST - Freefall v3.0
878 7 28
DUST, D Long
DUST - Freefall v3.0

GDX short for the brave ones. A good chance for 100% in 3 weeks.

chartwatchers chartwatchers PRO GDX, D, Short ,
GDX: GDX - Freefall V1.0
433 7 17
GDX, D Short
GDX - Freefall V1.0

If gold is going down after a half year rally. What do you think miners will do? Yes they are going to fall too. After an unsuccessful break above the 200 SMA and tagging it again we are turning down sharply . I have to note that this cycle in the miners was pretty weak. So the question is not the decline. The question is how far it can go? Will it stop at the ...

chartwatchers chartwatchers PRO XLE, D, Long ,
XLE: ERX/XLE - Breaking
1574 13 37
XLE, D Long
ERX/XLE - Breaking

After the weekly key reversal and a follow through here is our trendline break on the daily chart. I'm making the call : the energy sector has bottomed. Oil has bottomed on the 5th of May and it's just coming out of a severe half cycle low . ERX/XLE bottomed a few days ago on the 7th of June. We are above not just the 10 but also the 20 EMA and right now ...

chartwatchers chartwatchers PRO XAUUSD, 60, Short ,
XAUUSD: GOLD - Shadow of the FED
6185 71 87
XAUUSD, 60 Short
GOLD - Shadow of the FED

Just a short summary what happened last week and what I'm waiting before the FOMC... In the smaller time frame we had a triangle pattern which broke out. The target price counted from the pattern was at 1286$. The price was not just completed but we break above the target price... and had built a bear trap above the blue trendline. On the other hand we had a ...

chartwatchers chartwatchers PRO XLE, W, Long ,
XLE: ERX/XLE - New hope
1060 7 33
XLE, W Long
ERX/XLE - New hope

Finally we have a reversal candlestick on the weekly chart in XLE. It's not just a simple reversal candle but a key reversal. Those who follow me for a while know that this is one of my favourite candlestick especially on the weekly charts. The daily key reversal is also very good. But the weekly is rare one and almost always followed by big follow through candles ...

chartwatchers chartwatchers PRO XAUUSD, D, Short ,
XAUUSD: GOLD - Bull_ish or Bull_shi
5835 45 100
XAUUSD, D Short
GOLD - Bull_ish or Bull_shi

I was sure we will have a false breakout. Just the timing was a bit early. Now we have the false breakout of the triangle. We had 2 days of decline, the MACD is turning down, the RSI is heading to oversold too. It looks like a test back of the triangle trendline. But I think the testback will continue as a break back into the triangle very soon. As we tagged the ...

chartwatchers chartwatchers PRO EURUSD, D, Short ,
EURUSD: EurUsd - Exhaustion
1683 5 55
EURUSD, D Short
EurUsd - Exhaustion

EurUsd has broken to new highs last week. We are still at the new highs but there is no follow through. I think we're just waiting for some news to start the correction. Today's candle is a hanging man. We had a significant sell-off near the market open, but buyers were able to push price back up so that it closed near to the opening price. This could be an early ...

chartwatchers chartwatchers PRO DXY, D, Long ,
DXY: DXY - Day of swings
949 7 43
DXY, D Long
DXY - Day of swings

Finally I think the dollar is ready to bounce again. Today we printed a daily swing with divergence in most of the indicators I'm watching. MACD, TSI, RSI is printing bullish divergence. While my old megaphone top idea is working quite well I'm waiting for a powerful bounce in DXY in the following weeks. The target is the 200 SMA (99.4-99.5) this level is also the ...

chartwatchers chartwatchers PRO NATGASUSD, D, Long ,
NATGASUSD: NatGas - A possible bottom
2818 27 44
NATGASUSD, D Long
NatGas - A possible bottom

If price stays here by the US close I will try a long entry. Today we took out Friday's daily high. It's not a daily daily swing yet, but we should be close to a bottom. If the daily cycle low is in the decline was not so severe as the previous scary DCL... The SlowStoch crossed over in the oversold territory, also the RSI is just leaving oversold... They might ...

chartwatchers chartwatchers PRO DUST, D, Long ,
DUST: DUST - Double or Nothing
2997 22 44
DUST, D Long
DUST - Double or Nothing

I think this is starting now finally. I launch this idea based on the previous GDX short idea. I don't want to chart too deep in DUST as it is 3x ETF.... But you have to know my target in DUST is around 60$ in the following 5 weeks...

chartwatchers chartwatchers PRO GDX, D, Short ,
GDX: GDX - Digging into the deep
1483 6 35
GDX, D Short
GDX - Digging into the deep

I wanted to wait for the close with this idea... Miners doens't look healthy to me . We are printing lower lows and lower highs. This intermediate cycle was a clear downtrend so when we finish this cycle the end will be nasty. I think we will test back at least the december lows in the following 1-1,5 months. Today we were not able to close the gap ... I think ...

chartwatchers chartwatchers PRO USOIL, 60, Long ,
USOIL: OIL - Moneymakers and Outfreakers
8923 128 85
USOIL, 60 Long
OIL - Moneymakers and Outfreakers

There are 4 types of traders at this market: the OPEC members, the banks, the moneymakers and the outfreakers. The first 2 is already reserved so you can choose from the last two. The OPEC members are always on the right side of the boat. The banks are 80% in the good direction. The moneymakers have 65% . And the freakouters are losing money in 90% of their ...

chartwatchers chartwatchers PRO XAUUSD, 60, Short ,
XAUUSD: GOLD - Trap Pattern
9110 84 99
XAUUSD, 60 Short
GOLD - Trap Pattern

False breakout of the triangle. That's what I think is coming now. I warned you below the last post that we are too late in this 5 months rally and getting too late in this daily cycle. We wasted so much time in the last 5 days going nowhere that I simply don't see any chance of running to new highs (above 1300$). The GDP was extremely good: U.S. 1st-quarter GDP ...

chartwatchers chartwatchers PRO XLE, D, Long ,
XLE: ERX / XLE - Waiting for Godot
2407 30 40
XLE, D Long
ERX / XLE - Waiting for Godot

I know it looks like never want to break to the upside.... But at the end of a day it will. I see a head & shoulders pattern under construction. I have corrected the trendline : on the 18th of May we had a trendline back test. Our key level is: 68.88$ . Once we slice through that level we will be sitting on one of the biggest bull train of this year. Patience. Our ...

123456... Show More Ideas
Last visit
0
0
0
Message Follow Following Unfollow
4
0
21
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
2
0
10
Message Follow Following Unfollow
Last visit
8
3
110
Message Follow Following Unfollow
Last visit
8
12
141
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
1
0
5
Message Follow Following Unfollow
Last visit
3
0
15
Message Follow Following Unfollow
Last visit
3
0
15
Message Follow Following Unfollow
Last visit
5
0
25
Message Follow Following Unfollow
Last visit
4
0
20
Message Follow Following Unfollow
Last visit
3
0
16
Message Follow Following Unfollow
Last visit maple
6
0
48
Message Follow Following Unfollow
Last visit
7
0
35
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
14
0
65
Message Follow Following Unfollow
Last visit
4
0
20
Message Follow Following Unfollow
Last visit
3
0
15
Message Follow Following Unfollow
Last visit
8
0
40
Message Follow Following Unfollow
Last visit Dubai, United Arab Emirates
96
20
756
Message Follow Following Unfollow
EURUSD
Euro Fx/U.S. Dollar
Follow Following Unfollow
XAUUSD
Gold/U.S. Dollar
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
Indonesia
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