Today I want to show you my personal thinking ... and trading behaviour for the next weeks in GER30 chart.
Since January 2019 we are in a major uptrend, and there are no signs this will end so far. But, we can make some short trades for quick opportunities.
We were not able to cross the 12600 mark, and did a significant bounce back. Now we are...
Hey guys ;>
Had a little bit of trading break ... back again now.
Hope you made some good trades!
Quick and simple start ....
As you can see in graph we had a massive bullish run of GER30. We can expect a big bounce to 50% Fib Level (not displayed in graph but you can imagine)
RSI shows too, that GER30 is very overbought.
Fasten your seatbelts, we will crash...
Quick and simple. Why it always has to be complicated?
As u can see in graph we are far far away from SMA 200 / 50 / or even 20. As Long we wont see a cross here, downtrend will continue.
We broke out of bearish channel nearly 2 weeks ago. The neckline is very likely to be our next Resistance area.
There is the point to go short. Just follow the...
Just a short view on my opinion on EURUSD.
As shown in my last TA, we had a Head n Shoulder formation, heading into a big drop.
We had a little reversal right now, forming a flag.
In bearish trends, this is a sign that downtrend will continue.
We can wait for the breakout here, and open short position again.
I won't set a target here. Let's see what...
Today I want to Show you my actual BTC/USD trading strategy.
Since 10 Days we are in a sidewards moving trend.
This gives us a good oportunity to do some daytrading here.
I marked you my personal short and Long Areas ... personally hoping the sidewards trend will go on.
For me, the resistance area around 6700 is the important one. If we Close above...
EURUSD down to earth ... a very likely possibility right now.
SMA 50 and SMA 200 not looking good: We failed crossing SMA 200 again, and stay below.
If SMA 50 crosses SMA 200 within the next hours, that's a very cear call for short Position.
We got a very big Head n Shoulders Formation. A clear sign for downtrend too.
Trading a Head n Shoulder...
A quick and simple look on BTCUSD Chart.
I marked you the 3 Fibonacci Retracements of the last 3 Tops.
Top 1: March Low 1: April
Top 2: May Low 2: Jun/Jul
Top 3: Jul Low 3: Aug (pretty sure ;>)
As u can see in graph its always the same.
We got a top, then a downtrend to our Major Support Zone. Then we make a 62% Fib Recovery with a...
Had been on Holidays for some weeks. Back again :)
Unfortunately I missed out Entry zone for EURGBP, but still decided to go Long today.
We are in uptrend since several weeks and Swinging between two trendlines. We bounced back often enough, to expect the move will go on.
As u can see in graph we got an low RSI, recovering right now. We went back...
In NZDJPY graph we got a potential pullback.
As u can see we are in a triangle formation. But we crossed 75% of it, so we can use both orders as a trendline.
RSI showing us, that USDJPY is overbought and there could be a nice spot for going short.
I marked you my entry, my SL (if we break out), and my target for a short position right now.
Quick and simple chart ... why does it always have to be complicated?
Since June we are in a sidewards movement period of EURUSD market.
We can use this to make quite good profits, until market breaks out again (see my other chart for more infos)
EURUSD slowly forming an symetrical triangle. At the end we can expect big movement, but not now.
The idea in my last TA was, that we will stop downtrend above 400 resistance area. So we did. But whats next?
We have seen much sidewards movement during the last days. And now we come to a crucial point.
As u can see in graph, a symetrical triangle was formed in the last 2 weeks. Market will make a decision, up or down ...
In my opinion we will see...
In GBPNZD we can see an ascending triangle forming, what is a bullish signal.
We also had a SMA 10/50 cross some days ago ... I unfortunately missed this :(
Maybe this could be signs for a longer bullish run.
Be aware if we break out of ascending triangle's bottom line. I marked a flexible SL area there.
My target would be the Resistance area around...
Sometimes it can be so simple. Just follow the trend.
As u can see in graph, we are above bullish trendline since april. These days we touched again, giving us good buying opportunity.
I marked u a flexible SL area, and set Target short below major resistance area.
!! Mention: This is my personal opinion, no trading advice. Its your...
quick n dirty
We got a prallel sidewards (maybe a bit bearish) channel, where NSDUSD is traded within the last days.
As u can see in graph, we got a good opportunity here to short now, and take the way down.
I marked two targets, for full correction, and for a correction like the last one.
RSI giving us good buy signal too. I expect a little more up,...
Like shown in my last EURUSD TA, we are shortly before a major bullish run.
But why shouldn't we take some profit out of some short posistions, als long bearish trend continues?
As u can see in graph we are in a parallel bearish channel.
We hitted the top trendline some minutes ago ... now we can expect reversal movement.
My target is around 1.164...
Why does it always need complicated charts, when trading can be so simple.
Let's play the 10% game.
Like you can see in chart, I marked 2 areas.
The buy, and the sell area with a price difference of 10-20%. At the moment we are in horizontal movement.
We trade beween 0.01 and 0.012 for weeks now.
This makes it very easy to make quite good profits....
In EURCHF chart we almost cmompleted Head n Shoulders formation.
We are shortyl below right shoulder and can expect further bearish formation when formation will be completed.
Now we got 2 options:
Wait till formation will get more clear (Sell area 1). Its more risky, because formation is not completed, but we have a good chance that this...
We got a nice ascending triangle in USDCHF Chart, what is a bullish signal, and gives us good buying opportunity.
We got a big Resistance Area around 1.0 ... So, we have to watch out if market is strong enough for a break through or not.
In my opinion, we can buy in marked buy area, and set a close Stop Loss like shown in graph.