ProFX_Strategist

ProFX_Strategist

Idea in chart. (A downside correction to near 34 per-barrel 1st, before a monster-ascend; up to near 60 per-barrel afterwards.) Short now, & then Long later on. Best regards. *52-period SMA = Dark-Maroon *200-period SMA = Silver

ProFX_Strategist Updated 

Notes: In addition to price trading above the 52-Period SMA (which is a very strong indicator of price trend); note that the 26-Period Kijun-Sen EMA has also crossed up & above the 52-Period SMA; (looks like that is not an ordinary bullish price action over here...; it could even be a "Golden-Cross"). *It is not an ordinary cross of a typical 9-period SMA/EMA...

ProFX_Strategist

Notes: The 52-Period SMA is a very strong indicator of price trend (& the 26-Period Kijun-Sen EMA is the next strong). USDJPY is right now pushing against the very strong resistance of the 52-Period SMA (at this point) in the daily chart. The trend has been down, strong, & consistent (if you noticed the past). (So is there a good possibility that price can be...

ProFX_Strategist

Notes: Kijun-Sen (26-Period EMA) (thin Maroon) is facing up (it is a strong indicator of price trend; even on the lower time-frame charts; it functions this way). Follow where it is pointing & you can be very profitable in your trades (works very well in the 1-minute chart for me). Alongside; said 52-Period SMA (thick Maroon) is a very-strong (seemingly...

ProFX_Strategist

Daily chart; MACD-Histogram is crossing-over to the downside... Traditional-MACD is bearish... Ichimoku-cloud is looking to cross-over to the downside (dark-green EMA & dark-maroon EMA crossing). Heikin Ashi Candlesticks seems to be displaying some nice bearish momentum... Conservative target first for now... Best regards.

ProFX_Strategist

Daily Chart: MACD-Histogram is looking to cross-over to the upside... Traditional-MACD has crossed-over & is now looking strong bullish... Best regards.

ProFX_Strategist

1-hour chart; Gold is still bullish (as what is shown in the 1-hour chart). The MACD-Histogram is attempting to cross-over to the upside. The Traditional-MACD had a powerful bullish move from the lows, now there are no signs of any red bars yet... (The bullishness is looking strong right now - Not a good idea to think of Shorting yet...) Best regards.

ProFX_Strategist

30-minute chart; MACD has crossed-over; there is a high-probability for the price to turn back down. MACD-Histogram is printing red bars & looking rounded for a nice turn-over. Heikin Ashi Candlesticks bullishness is turning weak/losing steam & looks topping-off for a rounded-top. (But a warning; there is no sign of more pronounced red-bearish Candlesticks...

ProFX_Strategist

Ladies & gentleman; I would just like to share some research I've been doing to seek out the ideal strategy & style for my trading (aiming to refine & perfect my system); Basically I replaced the AO in favor of the standard traditional MACD Histogram (12, 26) (just without the 9-period SMA signal in here). I couldn't properly configure the settings of the AO to...

ProFX_Strategist

Notes: Stochastics & RSI are turning over back to the downside. MACD is going to cross over again back to the downside. AO is hinting for a downside. Heikin-Ashi Candlesticks are hinting bearish pressure (weakness & rounded-topping). 26-Period EMA (dark maroon color) acts as strong resistance & supportive. Suggestive SL & TP level in chart. (Targets 112.000...

ProFX_Strategist

Notes: As long as the resistance at 1.11697 is not surpassed, the risk of a break below 1.11345 remains high. Target is set at the vicinity of 1.10000. (The projected TP level.) Stop-loss level is set slightly above the strong resistance level of the 26-Period EMA (dark maroon color). Caution: Watch out for further upsides (which should be limited if...

ProFX_Strategist

Notes: MACD has just crossed over (for more upsides). AO is printing bullish momentum. Heikin Ashi Candlesticks are bullish. Any price retracements at this point should be good buying opportunity. *Stop-loss level is placed at the strong-support (of the 26 Period EMA - Dark Maroon color) Best regards.

ProFX_Strategist

Notes: MACD is crossing-over (back to the downside). Heikin Ashi Candlesticks are indicating a nice bearish momentum; should have a nice bearish slide-down to the projected target. High probability to target 101.362 price level. Suggested take-profit & stop-loss level is inside the chart. Best regards.

ProFX_Strategist

This is still looking bearish... Look at the MACD, it is crossing over (back to the downside) again... Looking at the AO & the Ichimoku EMAs; I am sensing some high-probability divergence to the downside... *P.s., On the 1hr, 4hr, & the daily chart; there are no bullish convictions as well. Best regards.

ProFX_Strategist

Dear traders, once again there is a high-probability pullback opportunity here... The bright-green EMA has drifted very far off from the bright-red EMA, as such, the green will very likely go back up to tag the red again very soon (that will take price up)... (A cross-over, if it may happen, will suggest strong bullish price action...) The MACD looks like it is...

ProFX_Strategist

Dear traders, here would be a nice pullback to the downside (on the 30min chart). The bright-green EMA will like to cross-over the bright-red EMA soon (taking the price down)... The MACD is giving a very obvious hint of turning back down to the downside... Best regards.

ProFX_Strategist

Dear traders, it certainly looks like USDJPY would like to pullback to some upsides... I am optimistic that the bright-green EMA is really looking forward to crossover the bright-red EMA just above... (That will take the price candlesticks up...) Most notable though, is that the MACD has already crossed-over (preparing to go to the upside again)... See the...

ProFX_Strategist

High probability pullback to some upside. The bright-green EMA has drifted very far away from the bright-red EMA; as such, the green may like to drift closer to the red once again (taking price upwards)... If it should continue to a crossover, then the price action can become very bullish... The MACD has crossed-over (preparing to go to some upsides from...