If you are looking at this chart it is evident that your eyes are showing you that the US30 has been on an upward trend for quite some time. So is this the beginning of a downtrend???
Enjoy this ride for the long term. Don't just watch from the sidelines, but get in the market and ride it out!
Yep this is the move we've been waiting for but not to go long as some suggest, but to go short and to stay in for some major profits. #TheMASTERtrading
Gold failed to break 1737 and its now time to enter in going short! Enjoy the ride but set your SL at 1741.50!
Gold is making a strong move up to the 1740 zone in which if it breaks 1730 by the US Open at 8am EST we could see potential up to 1740 and even 1500 by 9:30am EST if it can gather enough steam in the market before it begins to drop hard. Gold is currently taking out sellers with it's strong bullish run. 4/23/2020
GOLD has exhausted its bullish run up to 1746 and it is now headed down towards 1650, 1615 and 1540. Currently at 9:40am EST it is retesting the 1700 zone. If it fails to close above 1700 we can see more momentum going down! With gold be sure not to place large lot sizes unless you have a sizable account and do not sleep on it, set your SL and TP. Don't be...
Check the post just a couple of days ago about the sell zone on oil and check out this engulfing bearish candle. Crude oil is paying us, sellers, good right about now! (Protect your gains)
When is this pair going to drop? Whats your input
GBP PAIRS HAVE BEEN VERY BULLISH ACROSS THE BOARD, ITS TIME TO LOSE SOME TRACTION AND WE ARE ANTICIPATING THIS PAIR TO PRODUCE SOME MAJOR GAINS DURING ASIAN SESSION. FX:EURGBP
As the US $ continue to weaken, this can be great buy going short. Check out the #fib and if you can catch the 59.20 level, enjoy some major $$$.
OANDA:GBPNZD This pair is moving at a great pace upward. We saw some major retracement during the opening of the London session that faked some buyers out but it is now trending upward. Though this pair may experience some drawback, from a technical standpoint, it has much upside to it.
The GBP AUD has some great downside to it. Ride this baby down and catch the wave back up!
THE GBPAUD Pair is presenting itself as a strong bear. There is still room to capitalize on this pair! Key level of support is 1.7300
*Printable XAUUSD chart RESISTANCE LEVELS 1339.87, 1330.82, 1311.92, 1301.93, 1296.74, 1293.55, 1288.23, 1282.90 SUPPORT LEVELS 1251.98, 1256.68, 1265.88, 1271.68, 1280.90, 1285.50, 1290.36, 1304.73, 1320.44 How will the US tax reform effect gold for this upcoming full week of trading for the week of Dec 3-8, 2017? It will be interested to see the response from...
USDCAD Has some great upside today as it continues on its upward trend. If you want to capitalize on some gains then this one is certainly one to go after. Watch to see if it will break the level of resistance at the 1.29160 level.
The EURUSD Pair is one to expect some major movement as the market prepairs to open in the EUROZONE. Depending on how it opens, if on its down trend, it will be great for scalpers to cash in quick profits. On the upside however, this could as well test the 1.20400 level. How it opens is going to be critical to watch if it will breaks through the 1.19290 closed...
So here is an updated chart on the EURJPY pair. It shows that for swing traders it does have some upside before it begins to drop down through 3 potential zones. It's imperative to not just use candlestick charts but include news reports and business reports as a key component to your technical analysis. Comments welcome!