Subtle-trader

Subtle-trader

Looking at the GBPUSD price action rallying for the past 2 days after bouncing off the 61.8 fibo, it has reached a previous support now turned weekly resistance. I'm looking to buy once it breaks the resistance and retests the resistance turned support area. Target would be around the 1.278 area.

Subtle-trader

This week's recovery rally of the S&P 500 closed with candlestick of a retracement rally after testing the weekly support structure area. Zooming into the 4H chart, price action suggest that it will retest the lows of the previous week soon and if broken, it would open a possibility of a long bear movement. COT data this week suggest that the retail traders are...

Subtle-trader Updated 

An update for the EURGBP pair as I've already anticipated that the price will be coming down to retest the area. I've entered longs in that area with targets at 0.88000 area This is a small risk big reward trade and it will take weeks to develop as the target is far but realistic. Sit around and you will see the profit coming.. Let me know if you are in the...

Subtle-trader Updated 

I'm back after a short break over the weekends. After leaving the BTC trade open, there was a pump and dump over the weekend that results with a bearish looking daily candle in the chart. Nevertheless, the trend is still bullish, as we still anticipate pullbacks to retest the 8200-8300 area highlighted in green. The target remains the same, for those looking to...

Subtle-trader Updated 

In the short term, the EURUSD remains in a no trade zone. It is between a strong support and couldn't breakthrough the resistance formed above. I would sit out on this trade for the short term until more movement haven been developed. Let me know what you think if you have different ideas. Give me like if you for support.

Subtle-trader

For those that have read my previous post on BTC, we already know that BTC is towards 9500 area. Those that missed the bull impulse candle, this is your second chance of joining the ride as BTC will be consolidating downwards to the support area drawn. We can look for longs if we have not bought during the previous consolidation phase. The target remains the...

Subtle-trader Updated 

As EURGBP has broken above the resistance in the past few weeks, it has confirmed the bulls has taken over. I will be looking for long opportunities coming in the next few days as I anticipate the price to come down due to the clear divergence of strength shown in the MACD indicator. I will look for longs in the green zone for support and enter the ride for longs...

Subtle-trader Updated 

As the monthly candle broke above the previous high, the previous resistance acts as a support currently which is being tested. As long as the 0.68400 level doesn't break, I long AUD from the support line shown until it shows further weakness, or it closes below 0.68400. Let me know your thoughts and give a like if you agree.

Subtle-trader

If you were following my AUDUSD trade past few days, I've given an entry that was almost perfect to enter upon the retest of 0.68760. If you have taken the trade up with me, lets sit back and ride the long bull wave up. If you didn't enter, I think you will have to wait for another test of the support to enter this long trade. My target for this trade would be as...

Subtle-trader Updated 

As mentioned in my previous post, if the price broke below then the trade would be closed. As we know it is a Bull Trend, we will look for longs at the next strong support. Why not short it? I won't because the trend is our friend. I'll be patient as there is a big upside coming. Feel free to drop me your comments and your ideas if you agree or disagree. Give me...

Subtle-trader Updated 

As the resistance at 7800 has already broken, and the candle has retested that area few days ago. It is safe to say that there will be more upside to come in the coming days. Any dips around the area highlighted would be a good area to buy towards the H&S target of 9400. Let me know your comments if you agree or disagree. Thanks.

Subtle-trader Updated 

Gold has been bullish in the past few weeks. It has came down to consolidate and break more stop losses. But do not be deceived that the market has changed to a bearish market. It is still bullish so look for buys at the current area, in case it breaks the area, then stops should be applied. Alternatively, if the price goes up and retests the resistance line I...

Subtle-trader Updated 

Point of Confluence, if broken, will continue higher. More likely waiting for the ECB decision before break of previous high.

Subtle-trader Updated 

Bearish Divergence noticed on H1, H4 & D1 time frames. MACD Crossing on H1 and H4. Rising trendline broken, time to short gold.