MoneyForNothingAndPipsForFree

MoneyForNothingAndPipsForFree

Groupon gave us the break, confirmation for a long position, I expect the big boys to give us a discount to around $6-$7, so smart retail can hop on the trend train.

MoneyForNothingAndPipsForFree

It's headed for $0.30 or even $0.20 range. Protect your capital and stay away from this instrument.

MoneyForNothingAndPipsForFree

Here's what I currently see for AMPL. Looks like we're about to leave the accumulation channel and try to close the gap at around $40.

MoneyForNothingAndPipsForFree

I can't find my previous analysis of this pair so I had to publish a new one. Price has finally broken out of the falling wedge and a possible play is it's going to rip all the way up to the 38.2% Fib, retrace and start a new bull trend all the way up to the top of the box.

MoneyForNothingAndPipsForFree

Can this megaphone pattern play out ? Completely missed this pair, had it on my radar but was busy trading other pairs. I think there's still lots of downside potential in this move.

MoneyForNothingAndPipsForFree

Wave 5 isn't done yet, the bottom is near $20 or slightly above. From there it should rip to $30.

MoneyForNothingAndPipsForFree Updated 

BRC is trading in a bullish channel and wil probably create a double at around $60.

MoneyForNothingAndPipsForFree

Price gave us the break and the hook, given OI on CME $20k is probable here.

MoneyForNothingAndPipsForFree

One of the setups I like to trade the most is the transition from trending markets to non trending markets and vice versa. One of the trader's theorems tell us that once a trend has finished markets will transition into a non trending state. This also holds true for non trending markets, at some point non trending markets will set up a new trend. Right now we're...

MoneyForNothingAndPipsForFree

CHFJPY has formed a double top on the H1 timeframe and my conservative target for this trade is the 38.2% FIB retracement.

MoneyForNothingAndPipsForFree

We're witnessing a very strong move to the upside by GJ, will get interesting once it reaches the top of the channel. Might give us a nice chance to short it, but as for now the move is still bullish.

MoneyForNothingAndPipsForFree

USDPLN created a nice double top and is now on track to the 38.2% FIB, let's see if we get a pullback from there to give the shorts a discount to go short again. My take profit target would be the bottom of wave 4.

MoneyForNothingAndPipsForFree

AUDUSD is appreciating thanks to a weakening DXY and I expect DXY to retrace even more, which will cause AUDUSD to surge. As you can see price has broken the TD line and our first profit target should be between the two pink lines. Will keep updating the trade...

MoneyForNothingAndPipsForFree

Looks like we have finally gotten a confirmation of an inverse H&S setup. The targets are the yellow circles.

MoneyForNothingAndPipsForFree

Here's my quick analysis on H1. If GBP manages to reclaim the pink line and stays there, I'll be initiating a long position all the way to the volume cluster at around the 261.8% Fib mark.

MoneyForNothingAndPipsForFree

AUDCAD has formed a double bottom on D1 and has bounced from the channel. To me it looks like we're witnessing the completion of a reverse head and shoulders pattern, once we break the TD line to the upside I expect price to move back to the top of the channel. Also MACD is above the zero line and consolidating.

MoneyForNothingAndPipsForFree

What can I say, I think the chart is self explanatory.

MoneyForNothingAndPipsForFree

What do we know about boxes ? They are continuation patterns and it looks like GJ is right now trading inside one. On top of that price is moving away from the two major MAs (100 & 200).