chartwatchers

chartwatchers

I see a special topping candlestick pattern evolving on the daily chart. Yesterday we printed a hanging man and today we broke to new highs. When the daily cycle is topping you can find very often the hanging man - shooting star combo at the top. Today's candle can easily turn out to be a shooting star. The hanging man shows that the selling interest started to...

chartwatchers

Target price tagged at 1.18. When everybody is buying I'm here to sell. In this idea I explained what happened to the dollar: The monthly chart also suggests EurUsd will take a breather before breaking the trendline. Target...

chartwatchers

This idea explains where I try to enter an EurUsd short position next week. I'm not trading the currencies too much because this market became the World's central banks playground in the last 10 years. They print, intervene and steal money from people to their liking. It doesn't mean I'm not watching these markets though. A few great opportunities are forming in...

chartwatchers

Before trading this idea you need to read and understand this idea : I suggest to take this trade only with a XAGUSD short trade with the same margin impact as your XAUUSD long: This is the only way to...

chartwatchers

Before trading this idea you need to read and understand this idea : I suggest to take this trade only with a XAUUSD long trade with the same margin impact as your XAGUSD short. This is the only way to minimalize the risk of shorting silver.

chartwatchers

This is going to be an interesting idea. The XAUXAG ratio dropped to a multi year support at 81. Actually this is a 6 year - multiyear - support line. It's way too stretched below every moving average, printed a bollinger band crash signal. I'm waiting for at least of the tag...

chartwatchers

I will be a bit late to the party with this long idea but as I see we have too much gold short idea in Tradingview right now. Will all these retail trades make money on the short side ? I doubt. If you short gold you have to be ready for a 100$ upward move in the following few days. The stock market is slowly topping out and liquidity - at least some of it - will...

chartwatchers

We have the same setup in SLV like in XAGUSD. Same triangle. Same multi month trendline. The question is will the banks allow the rally or they just create a false breakout. Volume looks good in SLV.

chartwatchers

I'm watching silver for weeks now . It's in a triangle and it seems it's finally breaking out today. The precious metal intermediate cycle is getting mature but I still think silver is not done yet. If I'm right we are going to have those 1$ up days in the following 2 weeks what we had last summer. The question is if we can break through the...

chartwatchers

Prepare your dry powder because we will be buying oil soon. Just like in 2016: These were great times. I think this will be repeated soon. Stay tuned.

chartwatchers

Today on the daily basis we broke below the 1000 SMA. We have the Bollinger Crash signal, TSI at extreme levels. And the FED finally throwing 1 trillion dollar on the market... The weekly chart also interesting with a break below the 200 SMA. I'm waiting for the weekly close above the 200 SMA. (above 2640$) ...

chartwatchers

After Friday's drop I started to analyze Natural Gas with watching the fundamentals much closer. Cycles alone are simply not enough for predicting future price in this volatile commodity. Earlier this year I posted this idea : I still think that we printed the 3 year cycle low back in...

chartwatchers

Day 8 and we are still at no man's land. If this is a new interemdiate cycle it's starting very weak. That's the main reason that I think we are still in the last IC which started on the 2nd of May. We also lost the chance to have a medium long intermediate cycle ending on the 19th November. It seems we are left translating in this last daily cycle and going to...

chartwatchers

This trade is based on my cycle count and the overbought indicators. Earlier today we printed a swing on the daily chart. On the hourly chart we are just back testing the 50 MA and it seems a good place to try a short position: I will not set a stop loss : if I feel the trade is going against us I will post a Trade...

chartwatchers

"Arctic blast could break 200 records as historic 'Siberian express' brings cold front" This is what I was waiting for. We printed a daily key reversal today. I 'm posting this idea today because I think a long entry today or early tomorrow will be profitable in the following 2-3 weeks. On the 11th of October we printed...

chartwatchers

A few important happenings in NatGas today, so I decided to update. First of all the first daily cycle is right translating: From this point we can be sure : ICL was on the 5th of August. The probability is high we printed a multi year low ( probably a 3 year cycle low) I've...

chartwatchers

*** This is not a call for a new short trade. It's an update for a previous idea *** We have 2 important news I'm always watching : FOMC and NFP. We have both this week... As I've mentioned in the previous idea time wise it was too early for an ICL in gold on the 1st of October. After 2 extremely long intermediate cycles there was a chance for an ICL at 108...

chartwatchers

... and if oil goes stocks can go up too. The crash didn't come this year either. I was successfully shorting short term the stock market, playing TVIX and SPX shorts. The cycles are still working very well here and the system says we have a DCL in place. I think S&P will run to or above 3000 in the following few weeks. RSI , Slow Stoch, Stoch RSI are turning up...