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50percent

SPY - FINALLY SHORT! But don´t be so happy!Hi traders, we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down! I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet. So that´s probably my final target because the market has a tendency to went back to the fairest price. I hope you can make profits during this difficult time. Have good trading, Jakub FINEIGHT
AMEX:SPYShort
by Fineight
$PTN HigherEarlier this year i picked up some $PTN at .41 took from some of my port's losers to throw more at this big winner. Getting some respect of the 50% fib here; As y'all know the concept of 50% is critical to ichimoku, HA candles, etc. Also getting some bullish jpn candlestick patterns with volume trending in that dir. via OBV and Volume Trend Accumulation Index Volatility rel. low as well. Hoping for this ~3:1 RR to play out, manage your risk as no trade is without risk :) GL HF xoxo sn00p
AMEX:PTNLong
by 420snoop
1
EURSEK short There is something interesting about this chart. GAP (green block) from Daily chart created quite nice support/ressistance area. I marked with two eclipses point where pair was rejected when in touch with this area. This price action is suggesting strong bear trend which should move pair towards south in the next month or more. I placed on the chart Fibonacci retracement and 61.8% stopped attempt to move north within the last month. Eursek created double top on the big chart and also magic number 10 was reached but not breached and after consolidation around this number we can clearly see strong rejection. It is wise to wait for the pair to go higher as it is trading on its support/ressistance and sell it when 200 Ema will stop Swedish corona value depreciation.
Short
by Krystiannwk