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TESLA: Dangerous Waters AheadHello everyone, I don't trade stocks. I don't really care for stocks, but Tesla is an interesting one considering how popular it is. I just want to say that Tesla is in dangerous waters. I do not suggest buying, I suggest to patiently wait.. For now. If you have money invested into Tesla, consider selling as the stock is more than likely to hit $250.00 per share. Anyways, we're looking at a 35% point drop. You heard it from me first, GLGT.
NASDAQ:TSLAShort
by CurranSotomayor
19
Don't Short Euro - Upside To GoEuro is going to make one more down leg and it will see extreme volatility to the upside as Dollar is likely to see continued weakness to the downside. Many, many of you are anticipating downside projections but something is telling me to disregard that thought. We will go higher, and trade above 1.19202 significantly. Ideal buy entries can be anywhere from 1.17702 to 1.17444 about a 25.8 pip range to go long. Price should NOT go below 1.17276. GLGT - Thoughts and Feedback are always appreciated, Thank you
Long
by CurranSotomayor
2
AudUsd: Temporary Downside To Go Hello everyone, Another week is among us. If you paid any attention to my post last week on AudUsd and EurUsd - you should of been rewarded... I sure did. I appreciate all the feedback, follows, and messages. Now, that I'm looking at the charts - AudUsd should be seeing temporary weakness until 0.72 whole figure, but I am targeting 0.71920. This idea can change at any time... Especially since markets have not opened, but I am feeling like Audusd needs some correcting. I will update this post, or post another one if anything drastically changes. GLGT
Short
by CurranSotomayor
AudUsd: Presenting Another OpportunityHello everyone, If you paid attention to my analysis from yesterday and the updates I put out you should be in profit... I am currently up 50 points on Audusd. Looking for more upside momentum, still aiming for the 0.70950 - 0.70980 level. There's a buy opportunity presented within the price range from for a good 50 points with a stop loss suggested to be at 0.70362. That level 0.70362 is not likely to be broken, we're more so likely to drift towards the upside and act like a magnet up until 0.70950 - 0.70980 is hit successfully. Thoughts, feedback, comments, appreciation are always appreciated. GLGT
Long
by CurranSotomayor
7
EURUSD NY SESSIONAs we are observing now, EURO is pushing upwards heavily, and this is in part due to the current situation that they are collectively facing. But all that being said, i havent checked any news but if the central bank issues funds to the European countries, we should expect a rise in price since the economy would be stimulated from that. From a technical standpoint (my prefered method of trading), we saw a HUGE push just now and preceding that was a lot of indecison and small moves; doji's and such. Basically a hold of price to increase liquidity. As we speak now, im currently waiting for price to retest on the orange line since this was the high we needed to break. After i see a retest, i will enter a long position hoping to close out at my target marked above, with possible pullbacks involved. that being said we can take profits after each surge and come back in on each low of a pull back. Trade safe, Trade smart, Trade to WIN. Expect to WIN and you will be great. Thank you guys for checking in to PRECISION FX and ill see you in the next one!!
by fastboiijd
1
GBPUSD NY SESSIONHey peeps, im back with another ideaaaa. If you havent already, go ahead and follow me on trading view for some of that precision goodness within your trading. We strive for greatness around here. Lets get on with the idea shall we. So we can see the london session pushed price way up and price recently hit the trendline resistance i have marked. Currently, i am waiting for price action at this trendline because if we end up breaking it, we will most definately have a surge upwards. However, NY session is known to reverese and we essentially created a high of the day in the London session. This would be a reason for me to be inclined to sell. For a short position, ( I already scalped a short earlier this morning) i need to see a rejection at the trend line so i know to continue downwards and ride the pair to the low of the day essentially, taking out levels as we go. If we want to long, we need price to break this trend line AND retest it because if it doesn't retest, price can easily fall back into the channel. As we wait for price action, remember to trade safe, trade precise, and trade to WIN. Expect to WIN. See you guys in the next idea, thanks for stopping by! :)
Short
by fastboiijd
EURUSD IDEAS (NEXT SESSION)YOOOOOO Back with another idea snipers, this one's looking at the EURO; so that being said i posted an idea to my GBP idea just now, ill include the link with this idea. Lets hop into it shall we. Since we know GBP and EUR have a positive correlation, we can kind of look to take long approach since GBP is looking strong in terms of the bulls power. As i have marked on my chart, i have price in this distribution box and currently waiting to see which direction price decides to jump out of. If we see a break on the lower side, we are going to have to wait for a retest since the local trend is upwards, meaning we need more confirmation for an entry. If we break on the topside however, we will wait for price to hit the resistance above (orange line) and depending on the strength of the move and whatever happens at the level we will take a long.
by fastboiijd
GBPUSD NEXT SESSION IDEAS (Long)YOOOOOO whats up snipers, i got another idea for you guys. Im gonna be real quick with the analysis so lets hop into it. GBP/USD has been pretty slow for monday and tuesday as far as movement but i think we finally are gonna see some plays. It looks like gbp wants to rise in price in the path i have marked. I say it wants to buy because on the hourly chart as well as the 15M chart the EMA's i have plotted are crossed over and thats a buy signal in my strategy. As of now im not taking the trade becasuse of the time of day. SO we shall see what london session brings and go from there. I rarely trade london session so im going to have to adapt to the market as we all do as traders. THANKS FOR STOPPING BUY, DONT FORGET TO CHECK OUT MY YOUTUBE CHANNEL (FASTBOII JD) FOR MY PROGRESS AS A FOREX TRADER. DONT FOR GET TO LIKE AND FOLLOW ON TRADING VIEW, I POST AS CONSISTENTLY AS I CAN :))))
Long
by fastboiijd
Gold - Longterm Institutional SellOANDA:XAUUSD Analysis & Trade Idea 💡 On the daily timeframe Gold seems to be in overall distribution from August the 10th after the market reached all-time highs. Key supply (support) and demand (resistance) zones have been highlighted in green and red respectively, it is worth noting that gold respects whole levels as points of entry for the sell as these correlate with demand (resistance) zones. The key point of interest on the daily timeframe is the daily buy to sell Institutional Candle, a potential swing trade has been highlighted which incorporates the 1950 whole level, this is also within the 78.6% discounted price range of the Fibonacci, in addition, the market will be able to sweep the liquidity created at the 1930 whole level given the market movers motivation to reach this POI., for this reason, I have a short term bullish bias before a sell-off initiating from this level, this would also fulfill the UTAD (Upthrust after distribution) of the redistribution schematic which started to form at the beginning of October and the LSPY (Last point of Supply) in the distribution schematic that started to form after the all-time highs were established in August. Let me know your thoughts?
OANDA:XAUUSDShort
by digital_dwight
6