if you followed my previous trades, i have been waiting to short USOIL on rallies and i am already in trade, averaging my SELL, as it went higher.
Was not expecting a sharp drop last friday, i wanted to keep adding SHORTS to my trade since i just free'd up more margin from the NZD trades, but the drop happened and i can't complain.
I am not taking profit yet,...
I am bullish on gold. So are all the institutional investors and central banks.
My money or your money did not bring gold from 1180 to 1550 in few months. Hasn't been this high since the price came down from the crash/recession.
To me there are only 2 explanations:
1) Gold is severely underpriced/undervalued
2) Central banks/big investors are preparing...
Daily chart stretching, RSI divergence forming
Short-term trade, i am already in trade
Target: 13000 or close to it
If it stalls too much at this level, without going down, i will close my trade. No stops...i'll most likely add more shorts if it climbs higher.
Entered short trade 13340 --Nov. 19/2019
Refer to the text in chart.
I am bullish on AUD and NZD pairs.
I will buy all of them to diversify my portfolio but i am expecting AUDCAD/NZDCAD to give me the most return (be the strongest pairs).
Feel free to buy AUDJPY, AUDCHF, AUDCAD, AUDUSD or buy on dips. Also you can buy NZDJPY, NZDCHF, NZDCAD and NZDUSD, or buy on dips.
NOTE: I TRADE LONG-TERM SO...
Waiting for a dip to BUY.
I am bullish on GBP pairs except on GBPAUD,GBPNZD. NZD and AUD i am very bullish so i will NOT trade against those 2 currencies.
You can Buy on dip for GBPCHF, GBPJPY, GBPCAD. And hold it for few weeks or 1-2 months until we get 200-300 pip profit.
Follow for updates
Follow my other trades and please do not panic over 50-100 pips, use less margin and trade long-term with me, you will make money.
I don't use stop-loss, i use lower margin and my risk is low. Trades take time to profit (1-2 months sometimes).
Already in trade since 0.68, 100 pips profit so far but i have not taken the profit.
If it goes down, I will buy more....
I'm already in trade since 0.640 and will buy more on dip.
I'm expecting NZD/USD to go up this month.
I trade mostly longer term trades, so please do not panic over 50-100 pips. I will buy more on dips
This is a very high probability trade....follow my other trades.
In my last AUDCAD idea, the price broke down through daily trendline and i did not enter the trade.
Last week, the price bounced back up ~150 pips and its making a head/shoulder pattern.
As well as weekly bullish RSI divergence
Buy this between 0.89350-0.89550. I have entered the trade now at 0.89570 and will BUY more slowly if price goes down.
I am also...
Looking for pullback down to 1.06/1.055 area to buy this pair.
I think it may go down this week or next. Or it may go up from here, without pullback.
I will only get in this trade if I can get a good entry at a lower price, around 1.06/1.055
Target is previous recent high, close to 1.08
This is just a short-term trade.
As I see weakness/overbought conditions in daily/weekly charts and a very clear RSI divergence on Daily chart, and developing on Weekly chart.
However, monthly chart is still bullish/neutral.
Therefore, only a short-term position seems justified to me (after next month candle, I may continue the trade)
Trade is active for me....
You can see the weekly RSI divergence on US30 chart. I am expecting last week's sell off (accompanied by high volume) to continue in next few weeks...but this week there may be a correction.
As with Oil, I am bearish on stock market. I am out on both trades after shorting them last week and taking profits.
Waiting for more correction, to short USOil and...
Looking to sell gold between 1530-1550.
Ideally, closer to 1550 and with a weekly RSI bearish divergence.
TARGET: ~1500.00 or close to it.
If gold closes above/breakthroughs 1550, I will close my trade. So if you take this trade, please manage your account...
Still looking to sell USOIL on rallies.
I'm out of the previous trade.
Waiting for USOIL to have corrective rally up to 53.75/54.50 and start adding shorts in that area.
If it breaks UP through the trendline, I will close the short trade (in a little loss). But please follow this idea if you are going to take this trade, I will update if i enter the trade or...
Indicators are oversold on Weekly chart
Looking for a 200-300 pip reversal UP in the next few weeks.
Already entered trade now at 0.835 and bought more at 0.833.
Will buy more if it drops to 0.825/0.82. Going to hold this trade long-term for few weeks (1-2 months).
Reversal can happen next week or later but it's a very high probability trade.
Euro is oversold across most pairs.
GBP is also oversold.
US Dollar index looks like it might top out at previous high soon.
RSI is facing downwards, which is why I set-up buy orders around 1.1550, 1.15650, 1.15750.
I think EUR can go down a little more, to the previous bottom around 1.15500, before correction/reversal.
I'm in the trade at 1.15900, hoping to buy...