racer8

racer8

Keep buying!

racer8

Uptrend. Go long. I think the trend will be over soon.

racer8

The most popular time frames out there are the 1 min, 5 min, 15 min, and 1 hour. The best time frame? The daily! I mean, do you really want to be glued to a computer screen all day? I hope not because trading any of the popular time frames would lead to such a terrible fate for you. In addition, trading the daily allows you to trade multiple different...

racer8

Contrary to popular belief, the superior way to view price is not through candlesticks or OHLC bars. Its HLC bars. HLC bars are the superior choice. Why? Good question... The reason HLC bars are better is because I found out that the open price is completely redundant when analyzing the charts. Also the majority of indicators out there don't use the open...

racer8 Updated 

Hi guys! So I'm not a firm believer in Elliot Wave Theory, but I couldn't help but notice how perfect Crude Oil's resemblance to this theory was. So I decided to give it a shot. So in my analysis, I used the Elliot Wave Impulse tool (1,2,3,4,5) and Elliot Wave Correction tool (A,B,C). As we can see, Elliot Wave Theory has predicted that the bull trend for...

racer8

Looks like the trend is up based on the orange line (Kijun Sen Line). Also there's a strong base pattern (circled) that recently broke to the upside. Finally, the Monster Breakout Index has recently given green bars (buy signals).

racer8

Hey guys, NZDUSD looks like its forming a very nice flat base pattern. The trend indicator says the trend is up. I would be looking to buy as soon as it breaks that horizontal dotted line.

racer8

After Palladium's nice long uptrend came this ugly triangle of consolidation. It looks though that it's coming to an end...we shall see it once again moving in a nice uptrend as it always does...(^_^)

racer8

Gold market is looking rather rough indeed. Stay away from it for now. We can recently its been consolidation shown in the green circle. There is no trend taking place yet. My advice is to wait.

racer8

Oil is in an uptrend. DC indicator confirms this. Therefore go long.

racer8

Hi guys, warm welcome back. Check out my new indicator!

racer8

Hey guys, welcome back! The EURUSD is now in an uptrend. We can tell because my baseline (median line of DC) in bullish, my QQE is bullish, and on top of that, price has just broken through the 26 period high (upper channel line). My entry indicators (can't reveal) are also giving me the green light to buy. They have just given me a signal now to buy into the...

racer8

Looks like Oil is forming a nice flat base pattern. My trend indicator shows that the trend is long. This is good opportunity to get in! As soon as price closes above that dotted line, enter long. There goes that old saying: "The trend is your friend."

racer8

Looks like its in stagnation waiting for break out.

racer8

I think cotton is going up. A steep run down then back up. I call that a V-shaped bottom...thats a good chart pattern to buy into. Have a good one guys.

racer8

Price will probably stagnant for a while. then go down soon. maybe 1 month from now. So stay neutral for now.

racer8

A nice run up, a nice run down. I think the eurgbp is done for. Its exhausted and will now consolidate.

racer8

Hey guys, I was reading the chat the other day, and someone people thought the GBPUSD is done for. Do you agree? It sure does look pretty messed up. I think after that massive dip, it has nowhere to go but up.