Buyers
OLED LONG NASDAQ:OLED
Nice bull flag and has been showing strength since the slight market selloff that wiped traders out on the 21st. barerly even budged. even after earnings it held that old 67.25 support level showing relative strength, next day buyers showed no mercy. Then took a breather now that the setup is there looking to go for another 1. Entry- 86.20 Target- 93+ Stop- 80.12
Long on GBP/AUD BUY BUY BUY !!!!Reasons for
-As you can see we have Lower highs and lower lows
-This shows us a clear down trend on the daily Timeframe
-We have bounced from our key level at 2.00000 and have found some bullish momentum
-As you can see we also have our trend line underneath Price
-So essentially we are still up trending on the higher timeframes
-The past day put in a long wick to the downside confirming the rejection at 2.00000
My entry 2.01845
Long On AUD/USD BUY BUY BUY !!!Reasons for
-Firstly we are up trending on the 4 hour
-We are making higher highs so to signify uptrend
-We cleared key level of 0.7000
-We are trading above the Key Level
-We are due for a new higher high and a impulse move to the upside
-We also have come to the trend line and has show Strong level of support
-Also on the trend line we have reacted and put in a Bullish engulfing
-We are showing bullish momentum
Also on the daily we are making waves and impulse moves
We can clearly see a uptrend
All this Put together we are bullish
My entry 0.70950
Long On AUD/USD BUY BUY BUY !!! (Risky) Reasons for
-Firstly on the 4 Hour time frame we are up trending
-There is a major trend line above us so therefore i believe that is prices next level before any bearish movement
-We are making higher swings after coming down to our Trendline below price which is acting as support
-We have clearly seen a reaction from this trend line acting as support as you can see we have bounced of with a very Bullish candle !
-We also trading above major key level of 0.7000
so best thing to do on the 4 hour is to buy
Anyways like i said this trade is more risky simply because on the daily and higher time frames we are in a strong downtrend.
Until we break the trend line to the upside then i will look for long term buying setups
But i would be very careful of this setup guys as the best thing to do would be to sell
but i will be looking to sell in the near future
Also its a small stop loss of 30 pips which is extremely low risk :)
My entry 0.70555
Trade safe guys good luck
RISKY TRADE SETUP !
Long on EUR/USD BUY BUY BUY !!!Reasons for
-Firstly as we can clearly see we are in a Triangle formation
-We have had multiple bounces from the Bottom trend line which is now acting as Support
-The previous Four hour candle was a doji on the trend line
-Now this 4 hour candle stick is forming a nice big bullish candle which signifies Bullish momentum from Trend line acting as Support
-We have also priced in Higher HIghs
-Although waiting for a break of the triangle formation would be the best thing to do i am more then willing to take a risk and only give away 50 pips if its Stop loss and if it hits Takeprofit then we will make a nice gain of 140 pips
Key risk management and risk reward is KEY :)
Remember History repeats itself
My ENTRY 1.08434
GoodLuck everyone !
Happy trading :)
Long on EUR/GBP BUY BUY BUY !!!Reasons for
- We are clearly up trending
- We are putting in higher highs and lower highs
- We are getting nice swing highs and structure
- Previous 4 hour candle was a bullish hammer (Bullish candle)
- We have nice long wicks to the downside which signals more buying power
- We are above key level of 0.75000
Daily
- We put in a huge Bullish engulfing last week Friday
- Today we are forming a bullish hammer of the Daily candle
- We are riding the trend which is bullish
- Remember the trend is you're friend
weekly
- We have had 8 bullish weeks in a row the momentum is to the upside which is clear to see
- on the weekly we cleared major level off 0.75000
EURUSD: 4H Potential Gartley PatternOn FX:EURUSD , it is clear that bulls are in control of the price. They pushing the price up and there is no sign of bears yet. So, when do we expect bears to step in and bulls start getting their profits?
The next structure high is at 1.906, however, it is not a strong level to go short. Bears would not lose their battle so easy, as they momentum and big bars show that they are committed to buy.
However, there is a next structure high at 1.1034. This is the resistance level, price respected it few times and it is expected it will do it again. That the best level buyers to lock their profits. Also, most of the institutional orders will be place at red zone. We all know that, big orders mostly placed on key levels.
In addition, there is a potential gartley pattern, which guides where to enter, and exit. This set-up is a good opportunity to go short.
T1 - 38.2%
T2 - 61.8%
-----------------------------------------------------------------------------------------------------------------------------------------------------
Trading Books Online - www.trading-library.com
Top 10 Forex Broker: www.best10forex.com
EURJPY: BAT , Go LongOn FX:EURJPY , the price dropped significantly today and it is getting close to structure low around 131.638. Sellers in control on 1H bars, but it is expected that the they will take their profits at structure low and new buyers step in , which increase the EUR value against JPY.
Moreover, the valid Bat pattern appears, which gives clear guidance where to enter, take profit and put stop loss.
T1 - 38.2%
T2 - 61.8%
------------------------------------------------------------------------------------------------------------------------------------------------------
TOP 10 Forex Broker List: www.best10forex.com
TOP 10 Binary Options Brokers: www.binaryreviewed.com
Crude at $40 invites buyers$40 is a significant price magnet that institutions obviously like to use as a bench mark. $40 Crude was sold in 1990, 2000, and 2003. It was bought in 2004 and 2009. I suspect that we will find buyers near 40 again. This may take a couple of months of sideways price action along 40.
Oil has penetrated the monthly trend line. Most trend line breakouts are not reversals and become with-trend entries. However, this in not a bull trend - it's a trading range. This is merely a bear leg in a TR, which is often bought near the lows. Price often gets vacuumed to the highs and lows of trading ranges, fooling many into believing it may breakout. However, most TR breakouts fail and reverse (in this case, up).
This is a sell climax, and two legs sideways to up are reliable. The first target is the EMA (20 bar). The next is a 50% retracement of the bear leg at around $70.
LNKD showed relative strengthYeasterday US markets closed in red with QQQ -0.8%, SPY -0.9% and DIA -0.94%.
But this social network reversed from lows and closed near highs.
I think we are close to resolution of this wide range with upside bias because of that strength. Now we have higher low @ $143.45 and important intermidiate support @ $145 that was retested intraday.
Another action point is previous high of the day @ $149.50. If it will go above and hold we can see $153.34