Good morning traders, USDJPY formed a bearish butterfly pattern. I´m entering short at current levels with SL above 115 and 1st target at 113.15 and second target of 111.4 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a...
Good afternoon tarders, EURUSD is bouncing after the upside breakout and subsequent test of the diagonal.. SL below 1.058 on a daily close 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis...
Good morning traders, AUDUSD seems ready to resume downtrend, at least to next support level around 0.738 . Price holds below 0.75 and formed a retracement to 38.2 level from last drop. I´m entering short at current levels with SL above 0.75 on a daily close 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high...
Good afternoon traders, It seems a bear butterfly pattern formed on USDCAD. I´m entering short at current levels with SL above 1.35 on a daily close. Target around 1.30 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a...
Good morning traders, SP500 broke a descending trend line which suggests a possible run to higher highs till end of the year. Any retracement would be used for additional buy opportunities The only way is up www.youtube.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to...
Good morning traders, The DXY is the most common analysis of the USDollar but there are other symbols for other currencies. From the chart I´ve created you´ll find historical strenght of a specific currency vs others, not a single one like EURUSD . We can learn when to identify major shift trends I hope it helps, if you like thumbs up :-) Feel free to...
Good morning traders, Potential 3-drive pattern in EURNZD, I´m entering long with SL below 1.5035 on a daily close 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and...
Good morning traders, It seems AUDUSD is ready for a bullish breakout ? I´m long at current levels with SL 0.7650 on a daily close. The catalyst for reaction should be today´s US election. In any case cautious position, expect the unenexpected. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t...
Good morning traders, GBPCAD formed 2 pin bars in the past 2 days which is an interesting bullish signal The pair is holding above 50 MA and completed a Fibonacci seguence so I´m expecting a retracement till 0.382 level. 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3....
Good morning traders, USOIL have strong resistance area around current levels. I´m entering short with SL above 52 on a daily close. Breakout of the ascending trendline will accelerate downside 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a...
Good morning traders, Gold should retrace at least to 38.2 fibo level after last drop. I ´m entering a long position @ 1261 with SL below 1253 and target profit around 1273 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a...
Good morning traders, NZDUSD could have formed a Wolfe Wave pattern and I´m looking for downside breakout till 0.70 area. Scenario will be invalidated above 0.735 on a daily close 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a...
Good morning traders, My bias for EURUSD is bearish while below 1.125 . Currently the pair is hovering around 200 MA support and needs to be broken for a first vist to 1.107 area. There´s a potential wolfe wave pattern formation to support the idea 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t...
Good morning traders, EURCHF tested the triangle and returned above 200 MA which is a bullish sign. I´m entering long at market with 1.106 target and SL 1.09 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep...
Good morning traders, I´m considering a long position on USOIL while 43.5 level holds. In the past 2 days we had mixed signals. There are fundamental reasons to consider OIL prices will remain stable around this levels, and technical reasons , like price above 200 MA to be long. You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules :...
Good morning traders, I´m considering a naked analysis of EURJPY. If the formation of Wolfe Wave pattern is correct and there´s a support area around 112.5 . my bias is bullish . Below this level scenario will require more analysis You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t...
Good morning traders, Silver broke 2 trend lines and my bias is bearish if price holds below 20 . If the formation of Wolfe Pattern is accurate, we should see a drop till 16 area. You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t...
Hello Traders, A few days ago Jeff Bezos sold record of Amazon shares fortune.com Did he feel vertigo after FANGs (Facebook+Apple+Amazon+Google) divergence vs Nasdaq ? If you like ideas like this, please thumbs up ! Comments welcome ! Regards Josep Pocalles