Sup metal heads We got some more buying opportunites at some demand zones. They are highlighted in the green boxes. Remember to keep the risk managed! Cheers :D
Traders are in big-time risk aversion mode as more bad news on the Coronavirus outbreak continues to hit the wires. Most notable that seems to have traders running to safe havens. Safe havens like the Greenback have already benefited in the session, while risk currencies like the Aussie (and the major currency most likely affected by this outbreak given...
Good morning traders! As you can see gold gapped over the weekend, we expecting the gap to fill so it can make way for its next run to the previous highs. I wouldnt be surprised to see the gap close by the end of the london session to make way for the us session to push it up higher again. As always, keep the risk managed. Cheers :D
Today we have the first ECB of 2020. Price at confirmed support and near trend line. Dovish outlook from Lagarde would trigger short trade on the break of support and trend line. Alternatively any hawkishness would make a bounce from here, though it is less probable. Good Luck!
Sup metal heads As always just update you guys to some buy levels that I am looking on gold. It is already at the first buy level, and its aggressively pushed up through that level which is giving me a strong buy signal. As always, keep the risk managed! Cheers :D
The main and secondary functions of the next swing. How it behaves, when it strikes and becomes impulsive, and how it does when put under pressure from the defender. The function of the zig-zag and impulsive wave is to immobilise our opponent. The retrace is a tree-shaker, it itself tends to be very flexible. And yet it is common for retail to display signs of...
Happy monday traders Another quick update for the markets As you can see all the info you need is stated on the chart. As always keep the risk managed Oh and if you have any questions dont hesistate to contact me, id be happy to help! Regards
Yeah, see you all in 4 years when this is at the top.
With DXY sitting at resistance, I don’t see room for any further near term gains in Dollar. More importantly we are approaching key value levels for sellers from the last Q and large corporates have been spotted on the offer in USD. I have made the Dollar chart available and will publish it with al the more pleasure, since it is particularly interesting as we are...
Entrance idea is to wait for weekend gap to be filled due to risk appetite over the weekend (holding positions), Sell Limits may be place with a tight SL to prevent a higher loss amount. This is a Bearish Trend Continuous Idea using Fibonacci Retracement
Following up a weak trend line, gives me more reason to not gamble capitol and move bullish on this pair. I'd rather let price action move and decide where its going and then enter myself into the market. I'd like to see price make its way up to an interesting area to short, 61.8 looks like the right spot to speculate candlestick confirmation to enter short.
On Friday, the Australian dollar , along with its New Zealand counterpart, led improvements among major currencies in the FX market. The upsurge was due to the easing of geopolitical conflicts in the Mideast. Investors bought riskier currencies after the comparatively upbeat U.S. economic data this week, also promoting sentiment. Meanwhile, the greenback ...
Sup metal heads I was expecting gold to drop further, but something tells me that if gold has broken down by now... then it probably wont by now... I have plotted some decent buy areas to jump in at for the next leg up. Remember to keep your risk managed! Cheers :D
A good time to update the AUD chart-pack after the updates from a dovish RBA. Soft on wages and consumption with emphasis on outlook reassessment in Feb. Unless we see the domestic story pickup dramatically in Australia it will continue to keep AUD stuck in low gear. Support is found here at 0.685x and sizes I’m seeing should be enough to carry us towards the...
A somewhat dovish set of RBA meeting minutes and a round of negative risk sentiment (likely on the renewed possibility of a no-deal Brexit) has pushed AUD/USD lower. Potential catalysts from upcoming Fed speak and more Australian economic updates later, there is a possibility that we could still see volatility on this pair. If we do see some non-dovish comments...
Sup Traders Looking at this setup, i believe that the eurusd is about to drop. What do you reckon? Remember to keep risk managed! Cheers :D
A timely update to the Dollar chart after clearing Fed minutes. Nothing to update after the third cut, Fed front loading the DXY decline over the coming months and quarters. Firstly lets start with our Long-term Dollar chart: Mainstream media selling the orderly brexit resolution and reflationary growth rebound to strategically converge the gap with the US....
Sup metal heads These are just some buy level for gold that i decided to share.. Remember that we have NFP this week aswell, so keep that in mind and be patient! Oh... and keep the risk managed. Cheers