PlanBillions

PlanBillions

Just a quick thought... Looking like a bullflag formation tho...

PlanBillions Updated 

I will be VERY INTERESTED in taking some long positions if/when we pullback to this 2310 area ! 2350 is a key level and in good location to have a "right shoulder bounce" ! Ultimately we need to let price action show that we will bounce here, so I will be watching lower TF's to hopefully confirm a bounce ! 2310 is my expected lowest point of entry ! Many stocks...

PlanBillions

So, haven't posted any "ideas" in awhile, but I've definitely been trading ! Made 150% last week shorting XAUUSD from 1700 to 1600, followed by a short on NG1! from 1.92 to 1.70 ! Was a great week ! Now, on to Oil... We have a major trend on CL1! on the monthly chart in a kinda "triangle" formation... The red trendline is very wick bottom of that trend. Blue...

PlanBillions Updated 

$1.78 is an interesting area for NG1!... (see weekly chart below) It's a "retest" of "highs from most recent low"... Also have strong bullish divergence on 4hr. TF as we approach, and selling pressure looks to be weakening on many longer TF's... Definitely looking interesting for a "long buy" ! Wouldn't be surprised to see a big dick wick down into 1.78ish and...

PlanBillions Updated 

ACB should be at a good price for a "bounce" (see weekly chart below)… We saw a decent reaction off 1.50, which should act as good support. Now appear to be in a "flag" formation, which aligns with retesting the highs of the previous low, and could also be the 5th part of a Elliot Wave pattern within the downward channel... Target will be 4.68 based off weekly...

PlanBillions Updated 

My "short" from 2.37 is up 23% ! We appear to be forming a bear flag now also... So my next target is looking like 1.91 which I have marked as a weekly level ! I am in from a good position and can set a trailing stop-loss for good gains now though ! But, thinking we "top" the bear flag around 2.20, and continue down... What I am also thinking makes this trade...

PlanBillions Updated 

My last call/trade on NG1! hurt last Monday at open... But I held all week til yesterday to cut my losses for just 5%, which is a lot better than what I started the week at ! So here we are ! Our drop broke out of a major trend ! We appear to be forming a small bear flag on the 4hr. (along with the approach underneath of baseline on MacD), Top of this bear flag,...

PlanBillions Updated 

My plan on Gold is looking good (See previous idea)! Time to flip short ! I missed grabbing mine right @ open on Thursday but, there was a strong reaction to this area, which is a good sign of selling pressure. Looking like we may go back to test these highs/this area, hoping we do so I can get an entry on this. This short could be huge if the China Trade Deal...

PlanBillions Updated 

Looking for Gold to do something like this... So, a short "long", into a nice short, into good long-term upside potential ! We are retesting this previous level now. Expect to see it hold and bounce, as there is also a short-term trend converging here... Back up to test top of channel, 100 day SMA and resistance... (This could be forming a bear flag as well, which...

PlanBillions Updated 

Uncertain of the overall direction of NG here as we have, apparently, formed a bear flag in daily and weekly TF's and not certain if the last leg up was the last touch of the top of it...? However, we have bounced on the bottom trend, and held the equilibrium and now the top of the previous low range. Price action says we needed to test this level again anyways,...

PlanBillions Updated 

Cut my last entry on Gold for 2% profit, didn't like how price was reacting... Back to the original plan ! Lol ! Will be looking to get in @ 1440, will wait for PA to confirm. I expect to see some resistance @ 1485, as that is resistance, top of trend channel and SMA's may all end up there as well, so that would be my first target. Would then look for opportunity...

PlanBillions

As you can see here... Tradingview can suck pretty hard sometimes and leave you with some jacked up charts !

PlanBillions Updated 

Thinking, and hoping lol, we could at least wick up to close the gap, touch that 50 SMA, form a kinda H&S pattern, then targets are as shown... May not move that far up before down though, will continue to watch price action for an entry and do the same at targets for "sell signals" and flip back long possibly for another winter run...

PlanBillions Updated 

Definitely looking to put a bid in on XAUUSD @ 1455 for a HUGE long opportunity ! I had 1440 marked as the bottom, and could still possibly go there... But the RSI and stock are curling here, daily doji yesterday, tested long term trendline which was technically a retest of the previous' levels high with good reaction, 4hr. looks to be forming an inverse H&S which...

PlanBillions Updated 

Looking for something like this to go down now... Daily looks like a "Double Top" with Natural Gas reporting a surplus ! Will wait for a close of a 4hr. Candle on a retest of the 2.69 area to grab a "short". Then ride it down to either 2.46 or 2.36 (will also wait for price action to hint at which level I believe we will bounce from), from which I will then be...

PlanBillions Updated 

You could easily short gold here, just not sure for how long ? Trend test should show some rejection but, the overall market seems to be at top of trend right now as well, which points to a rise in gold theoretically...? I still say we need to "retest" old range at @ 1440, but you could probably short to a safe 1495 from here... Stop just above previous wick high...

PlanBillions Updated 

Got stopped out on my previous long on natural gas, had 2.22 marked as the next level of interest. We've seen good reaction off this level already, looks like an inverse H&S pattern, and I took my position on the most previous touch of the level as it is also in confluence with the trendline... Target is 2.56 which is bottom of previous "high level" and daily...

PlanBillions

Would like to see BABA move to this (187.75) area soon for a great shorting opportunity ! Need the move/trade to happen right @ confluence of both trendlines and resistance as marked on chart with "call out" in order to give it as much validation as possible ! Will look to lower TF's for confirmation. BABA also appears to be forming a bear flag which adds to the...