Get started

US-DOLLAR

Gold: Daily Posoitioning and Macroecnomic Analaysis If the market actually believed and is pricing in that the United States is infact transitioning from deflationingary to a recession, this doesn't negate the true possbility of turning to stagflatioon as a transitionary result of the current FED stimulus rather than a "V shaped recovery". I've been bullish since 1,200 and I can promise I've remained bullish longer than the bears against my treasury and gold calls over the years. This is a direct attack at the establisment, who looks to market up there book anyway, which I digress. What I'm concerned is that if the data beyond June and July is Quad 2 (positive economy growth with validated and justifiable increases in both inflation and real G.D.P. growth. However, this isn't the case. If this way, you would see me selling gold, as this is an auto risk-management. However, when treasuries and gold goes bearish, I will buy the finaincial,s and the russell 2000. Understand that I am a longterm analyst that doesn't rely on the SPY to click bate you into my trading course. 13:34:20 (UTC) Wed Jun 3, 2020
TVC:GOLDLong
by TayFx
4
USDCAD: Key Weekly Levels USDCAD is falling like crazy. here are the strongest key weekly support levels to catch a pullback: support 1 - 1.33 - 1.335 area based on a major rising trendline and a horizontal structure support 2 - 1.30 level based on a horizontal structure Closest key resistance: 1.37 - 1.38 area based on a horizontal structure also, many questions about the current price level 1.35 it is also a strong structure level, however, the reaction from it will be most likely quite limited so I have just neglected it on purpose. however, if you see a decent opportunity on that, why not to try to catch it)
Education
by VasilyTrader
14
EURUSD: Key Levels EURUSD started a strong bullish movement. Multiple strong resistances are ahead. Key levels based on 3 days chart analysis: Resistance 1 - 1.11 level based on a resistance line of a major channel + horizontal 3 days/daily structure Resistance 2 - 1.12 level based on a horizontal weekly/3 days/daily structure Resistance 3 - 1.15 levels based on a horizontal weekly/3 day/daily structure + it is this year's high Closest supports are: Support 1 - 1.0975 level based on a recently broken daily structure Support 2 - 1.08 level based on a horizontal 3 days/daily structure pay attention to the lower timeframe once the market reaches one of these levels to catch a pullback or reverse
Education
by VasilyTrader
12
Will THE BILL kill the Dollar??? Quadrillion salvatory bill will definitely affect the USD strength. Even these last weeks we see a weakness of greenback versus major currencies. so the question arises: may the pumping kill the currency? may it devalue so much so even the average Joes notice that? with technicals, on focus is a major rising channel. after a long consolidation in a bearish triangle, the price is now attempting to break below that. then it will face with the major support. it will be a truly decision moment for USD. with fundamentals, we are bearish biased and preparing for a breakout! but who knows? orange man can change everything. what do you think will happen?
TVC:DXYShort
by VasilyTrader
9
GOLD (XAUUSD) Multi Time Frame Analysis & Trading Plan hey guys, a lot of questions about gold! for now, I don't have any active trading position. just recently the price reached a key daily support level. what I like about that structure is that it matches perfectly with intraday structure and 382 retracement of the last impulse. on focus now is 1H chart, classic double bottom formation there. I will buy the bullish breakout of 1740 minor structure resistance (1H candle close above) with targets: 1748.5/1758! remember that this double bottom pattern can easily turn to the indecision range. being broken to the downside, out setup will be invalid, but I would not short, because too much structure lower!) good luck!
TVC:GOLDLong
by VasilyTrader
14
GBPUSD: Breakout of Key Level & Bearish Continuation hey traders, what a short rally on GBPUSD on Friday! the price has surely broken below a major daily structure support level. now we will expect a further decline to the next major levels: 1.20 level is 2019's structure low and I truly believe that it is the current goal for sellers. 1.19 level is 2016's structure low after brexit referendum/ pay close attention to these levels next week. concerning trading recommendations, it is definitely too late to jump in. the impulse is missed and it is very risky to short on current prices. look for a pullback to a yesterday's broken structure to short. good luck and have a great weekend!
Short
by VasilyTrader
23
GBPUSD: Breakout of Key Level & Bearish Continuation hey traders, what a short rally on GBPUSD on Friday! the price has surely broken below a major daily structure support level. now we will expect a further decline to the next major levels: 1.20 level is 2019's structure low and I truly believe that it is the current goal for sellers. 1.19 level is 2016's structure low after brexit referendum/ pay close attention to these levels next week. concerning trading recommendations, it is definitely too late to jump in. the impulse is missed and it is very risky to short on current prices. look for a pullback to a yesterday's broken structure to short. good luck and have a great weekend!
Short
by VasilyTrader
EURUSD: Multi Time Frame Analysis & Two Scenarios Explained morning guys, EURUSD is consolidating on a strong daily structure and based on a current market sentiment we have two potential trading scenarios. bullish: I am still bullish biased and due to a nice convergence of a daily/1H support and a rising trendline I still believe that the price can bounce. our trigger for long trade will be a double bottom formation on 1h, the underlined minor horizontal resistance should be broken to the upside. then buy entry on retest of the broken structure with initial target 1.084 / second target 1.0875 bearish: however, a lot of news with fundamental statistics today, so the bearish scenario is highly possible as well. daily candle close below the underlined structure will most likely signify a bearish continuation. confirmed structure breakout will push the price to 1.069 - current daily lower close with a potential continuation to 1.064 - current low. what do you think will happen?
Long
by VasilyTrader
9
AUDUSD: Multi Time Frame Analysis & Trading Plan hey guys, AUDUSD is stranding on a key daily level 0.645. the price is recovering after a drop from 0.656 but we are still looking for a short opportunity. at the moment I am looking at price action on 1H chart: the pair is currently forming the right shoulder of a head & shoulders pattern. being formed, our call to action is the neckline breakout (1H candle close). we short the market on a pullback and aim at: 0.638 / 0.633 levels. in such trades, stop is always adjusted to the right shoulder and strictly set above that. so if the right shoulder will be formed from a higher level, make the adjustment. in case of a bullish continuation and violation of the head level setup will be invalid. good luck!
Short
by VasilyTrader
7