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EUR/USD short ideaWhen we look at the chart we can see that the price is breaking out of the resistance zone. If we get a clear break out of the resistance zone we could consider to go short. I would go with a small stop loss because it is breaks out of the resistance zone it could move higher so after an SL hit I could consider it so to long if the conditions are good. Let me know in the comments what you think of the idea and feel free to share your idea also. If you like the idea, don't forget to give it a like then. If you have any questions, feel free to PM me.
Short
by MaBaCapital2
1
Please don't ROB me!A break of my blue support zone will see price push significantly lower, USD weakness is coming after DXY is finding a nice resistance zone which will cause USD to weaken probably the rest of the week. We can see price respected my yellow support zone as resistance, this level is a key monthly level also so the setup holds more weight than a 1H trade setup. I can only see USD getting weaker for the reasons i have explained in here and on previous charts i have uploaded. If you would like to have a chat with me about trading then my door is open... Not for too long though as my area is riddled with robbers ;p
Short
by Premier_FX
KEEP it SIMPLE!!!Look how clean this chart is and how SIMPLE it is to understand! I really don't know why so many people insist on having 100s of indicators on charts where they cant even see what price is doing. We can clearly see a strong support level here on the daily (125) and this is where i am looking at price hitting before more bullish moves up. Now price has already come within 10 pips of this level so could push up from here, if i see a key level like this then i will normally set an order to go live 10 pips before the level in question just in case price doesn't reach. The level in question is strong support for the reason it has been used historically a number of times as support and resistance, recently breaking what was strong resistance so we then look for price to retest this level as support. If you have any questions about trading then feel free to come have a chat.
Long
by Premier_FX
7
Cant BREATH without the POLICE coming after you.Down we go!!! Now if the world was normal then i would say the technicals were really STRONG and i would be taking BUYS off my 141 level as it is a key level that has been used many times as support and resistance... But the world is far from normal so i am shorting the HELL out of this! GBP can only go 1 way for me and that's DOWN! Why i hear you ask!? Because of all the lockdowns in the UK and they are even looking at bringing in tighter restrictions, not sure how they can tighten them anymore as rite now you are not aloud to breath without the police knocking on your door asking if you are paying tax for fresh air lol. So if the economy is as bad as it is and it will only get worse in 2021 then how can GBP strengthen? IT CANT. I am in long swing trades on this so if i go a few pips into drawdown i am not bothered, if you get stressed when you go into drawdown then you are over risking. Now freedom of speech has gone on trading view as well, we are becoming more like China everyday, So if you would like a chat about anything i will be happy to answer you.
Short
by Premier_FX
USD going to HELL!!1.20000 is a lovely buy area for me, this has been used as a key support and resistance level historically and will be used many times again as it is a nice round number. On December 1st 2020 price broke through this level which was acting as strong resistance! Price has not since come down to re test this level as support which i think price is on its way to do now. More than likely when such a strong level like this does break we will get a retest of that level before a bigger move in the direction of the break. Personally i wouldn't sell down to this level but would wait to see if price does reach 1.20000 before placing the buy, just be patient! Jumping into a trade in no mans land is never a good idea at all. USD is doomed and will only get weaker as they print more money! For this reason i am in a fair few USD sell swing trade positions. If you would like to know more about the way i trade then come have a chat and i will be happy to help you!
Long
by Premier_FX
USD will go to HELL!1.20000 is a lovely buy area for me, this has been used as a key support and resistance level historically and will be used many times again as it is a nice round number. On December 1st 2020 price broke through this level which was acting as strong resistance! Price has not since come down to re test this level as support which i think price is on its way to do now. More than likely when such a strong level like this does break we will get a retest of that level before a bigger move in the direction of the break. Personally i wouldn't sell down to this level but would wait to see if price does reach 1.20000 before placing the buy, just be patient! Jumping into a trade in no mans land is never a good idea at all. USD is doomed and will only get weaker as they print more money! For this reason i am in a fair few USD sell swing trade positions. If you would like to know more about the way i trade then come have a chat and i will be happy to help you!
Long
by Premier_FX
8
EUR/USD Short Analysis (FREE SIGNAL) by 16 yr old! Proud. Hey guys in this chart we have a very clean setup as we wait for the reversal off a Fibonacci level we target our two extension levels and scale in as the trade goes in our direction. In this analysis you can see the purple trend line being broken and price moving out of the key level looking to retrace up to a level then sink below to our take profits. I hope you guys enjoy these because I'm just giving em out lol. Good luck and happy trading!
Short
by BennettTrades
Possible trade idea for Gold for next weekWhen we look at the chart of Gold we can see that the price went below the support zone today. We will have to wait for the opening Sunday to see what the price does but if it keeps reacting how it is reacting now we should be looking to short gold in stead of going long because it appears that the fundamental part doesn't effect it. When we look at what kind of news that we got today gold should have boosted but because of the FED that is keep buying into the bonds gold kept dropping. Also when we look at stimulus it should normally also give gold a little boost but it looks like that all doesn't matter anymore. So we have to wait for the opening on Sunday but the setup looks very valid for now. The stop is also at a good point. Right above the falling wedge and above the Fibb extension. This setup should take a while to hit the take profit but if we just get 2 more drop days like today it could be a very fast tp hit. Please let me know in the comments what you think of it and feel free to share your idea for gold. If you like the idea, don't forget to give it a like.
FX:XAUUSDShort
by MaBaCapital2