thescalpmaster

Message Follow Following Unfollow
Banned permanently.
This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
Joined
Markets Allocation
15 % forex 3 % cryptocurrency 82 % other
Top Mentioned Symbols
USOIL 39% | 13 XCUUSD 9% | 3 USDCAD 9% | 3 SPX 9% | 3
thescalpmaster thescalpmaster USOIL, D,
USOIL: CRUDEOIL: get ready for a strong trend
71 1 5
USOIL, D
CRUDEOIL: get ready for a strong trend

Typical squeeze pattern. It's been over 2 months and it's still ranging! Bollinger band is getting tighter. There will probably be a breakout soon(probably in a month). A similar situation occurred in 2015 and it ended up breaking on the downside. So, get ready for a nice trend. It might breakout either way ,to be honest. Note: Since this is a daily chart, ...

thescalpmaster thescalpmaster USOIL, D, Long ,
USOIL: USOIL strong bullish pattern
109 0 7
USOIL, D Long
USOIL strong bullish pattern

Oil's been struggling for a few days and now it satisfies two criteria : 1) It closed above the MA. 2) There's a bullish thrust yesterday. Even though I don't trade daily charts, I think it's better to have a general idea where this is headed to. This bullish pattern might fail too...especially when the yesterday's candle gets completely engulfed (and we ...

thescalpmaster thescalpmaster NATGASUSD, D,
NATGASUSD: NGAS in a squeeze
93 0 5
NATGASUSD, D
NGAS in a squeeze

There's nothing much to talk about because I don't really know the direction yet. This pattern is really good. I'm expecting that there will be two/ three easy 'daily' candles to trade within the next few days. Probably a 100-150 easy pips. For now, this looks like it's setting up for a bearish breakout. I will keep a close eye on this chart.

thescalpmaster thescalpmaster USOIL, D,
USOIL: Shorting oil?
248 0 10
USOIL, D
Shorting oil?

That candle I marked was special. The price went up before the morning and it dropped as the day closes. This is generally a sign of institutions selling to bring the price down on low volatility. (Think about it..why would they want to bring the price down on low volatility?) So, I'll keep a close eye today and tomorrow because there is a very high probability ...

thescalpmaster thescalpmaster USDCHF, 30,
USDCHF: USDCHF simple, short-term analysis.
23 0 5
USDCHF, 30
USDCHF simple, short-term analysis.

After a inconsistent H&S pattern, it looks like there might be another opportunity to get on a short trade! It has been trying so hard to break the trendline from more than 12 hours(long time if you consider the timeframe). I think the pattern is obvious.( Break up the trend line for the first time -> crawl it back to the line -> continuation of trend) Regarding ...

thescalpmaster thescalpmaster SPX, W, Long ,
SPX: SPX update
60 0 2
SPX, W Long
SPX update

There's no way we're going down. I explained why in my previous chart. To summarize, last year's drop is nothing if you consider a time frame of the last 8 years(from 2008). Look at bullish momentum on monthly chart. It looks like that the chart hit bollinger bottom band and started continuing it's bullish push. This is a typical bollinger pattern. As long ...

thescalpmaster thescalpmaster XCUUSD, D,
XCUUSD: COPPER, OMG!
59 0 4
XCUUSD, D
COPPER, OMG!

In my previous idea, I predicted that we might be in for a short downward retrace before going up. Seems like I was not completely right. The bullish trend was so powerful that the retrace only lasted for less than a day when the price hit the top. Regarding the present scenario, I'm predicting that tommorrow will be the best time to get out. This is a safe ...

thescalpmaster thescalpmaster XAUUSD, D,
XAUUSD: GOLD update
106 2 2
XAUUSD, D
GOLD update

Gold has been resting for a while after the drop I've mentioned as a possibility in my previous chart. In this current scenario, there are two possibilities, 1) It might pullback and rest in the channel I've drawn using pitchfork. 2) It might possibly resume it's bullish pullback and will retrace most of the drop. It's about time! Gold is back in my ...

thescalpmaster thescalpmaster XCUUSD, D,
XCUUSD: COPPER update
52 0 2
XCUUSD, D
COPPER update

Yes. It's nice to see that the chart is following my last idea (linked below). This is the best place to close the long and stay out of the market for a while. If you enjoy taking a risk, let it run until it touches the top. My prediction is that the Copper will eventually break the top trendline after some pullback. BUT Take a look at my last chart, I've ...

thescalpmaster thescalpmaster SPX, W, Long ,
SPX: S&P chart
74 0 3
SPX, W Long
S&P chart

I still stick with my analysis that s&p is going up. We have experienced a strong bullish trend from 2009 and a very small bearish fake out this year(considering the longer timeframe of 7 years vs 9 months). We resumed long term bullish trend and will stay in it for quite a while. Always keep a look out for flat trading (example: 2015 march to 2016 may) ...

thescalpmaster thescalpmaster XCUUSD, D,
XCUUSD: FUTURE of COPPER
33 0 3
XCUUSD, D
FUTURE of COPPER

Copper is in a squeeze. It will touch the top trend line and most probably retrace to the bottom one. The reason I have included a very long trendline (2004-2009-2016) is to give the reader an idea that we are still in the beginning of a possible long term bullish trend. Case 1) The squeeze fails and we will enter a long term bullish trend for the next few ...

thescalpmaster thescalpmaster XAUUSD, D,
XAUUSD: Gold direction
103 0 3
XAUUSD, D
Gold direction

This is my current analysis. The first important thing is to find out how it behaves near the MA. So, I'm still neutral regarding direction. Possible IDEAS: To be bullish, it must hold the trend line with an arrow at the bottom (or) the MA in the middle. To be bearish, there should be a fake bullish thrust (or) breaking of the first trend line with bearish ...

thescalpmaster thescalpmaster USOIL, M, Short ,
USOIL: USOIL analysis
112 0 5
USOIL, M Short
USOIL analysis

I posted a previous idea explaining that USDCAD is a long.We already know the correlation between USDCAD and USOIL. I drew the impulse wave, which was similar to that of USDCAD. And there's an MA near the current price. I dont believe that oil prices are going low again. I am assuming that we are going to see a correction in the coming month.

thescalpmaster thescalpmaster USDCAD, M, Long ,
USDCAD: USDCAD analysis
25 0 1
USDCAD, M Long
USDCAD analysis

USDCAD just bounced off the MA ( The month's candle isn't finished yet .) It's a clear bollinger long pattern. The impulse wave pattern explains itself .

thescalpmaster thescalpmaster USOIL, 120, Short ,
USOIL: USOIL - looks like a fake bullish breakout
240 2 2
USOIL, 120 Short
USOIL - looks like a fake bullish breakout

Look at the arrows near breakouts and the volume. Today's breakout looks fake. Today, we still haven't crossed the previous week's high. All of these suggest that it is a bad idea to long this one.

thescalpmaster thescalpmaster SPX500, M, Long ,
SPX500: A typical Bollinger long term pattern. (Monthly SPX)
90 0 3
SPX500, M Long
A typical Bollinger long term pattern. (Monthly SPX)

If you look closely, we have a Dragonfly doji (sort of ) formed by February 2016. So, if we consider this as a typical Bollinger pattern, this is sort of a free ticket (rise) to the top of the Bollinger band which is around 2200. The market had already corrected itself. Looks like I might be bullish all the way.

thescalpmaster thescalpmaster USOIL, M, Long ,
USOIL: USOIL monthly summary
80 0 4
USOIL, M Long
USOIL monthly summary

It's rising. We do have a MA around 49. We will be on a uptrend till 49(approx.) where the chart balances itself a little bit and decides whether to take off or rebound. Mostly any fundamentally important data (like OPEC meeting or any freeze deals) will kick off USOIL to a bullish trend or continue going down.

thescalpmaster thescalpmaster USDCAD, M,
USDCAD: USDCAD possible rebounce
29 0 1
USDCAD, M
USDCAD possible rebounce

This month, it hit the Moving Average. Even though the indicators are strongly favoring short, the possibility of rebouncing off this MA should also be considered. I know most of you don't trade monthly charts, but it helps in figuring out some of those crazy movements on a daily chart.

12 Show More Ideas
Last visit
271
13
1286
Message Follow Following Unfollow
Last visit
10
3
51
Message Follow Following Unfollow
Last visit
6
0
30
Message Follow Following Unfollow
Last visit INDIA
31
0
221
Message Follow Following Unfollow
Last visit Laniakea Supercluster
344
39
1987
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
11
0
53
Message Follow Following Unfollow
Last visit
12
0
55
Message Follow Following Unfollow
Last visit
19
0
96
Message Follow Following Unfollow
Last visit
37
0
168
Message Follow Following Unfollow
Last visit Vietnam
44
30
449
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit United States
1
1
6
Message Follow Following Unfollow
Last visit
11
0
53
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
6
0
25
Message Follow Following Unfollow
Last visit The most beautiful land
33
66
700
Message Follow Following Unfollow
2
0
10
Message Follow Following Unfollow
Last visit
15
1
77
Message Follow Following Unfollow
Last visit EUROPE
4289
420
45931
Message Follow Following Unfollow
User follows nobody
User has no following symbols
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
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