TomProTrader

TomProTrader

Friends, Like I said before, there was no reason to take profits at this level. It's a terrible way to trade. Anyone who wised up and stayed in got the 200 plus move today, and is in with me falling over bags of cash. Tom

TomProTrader

Friends Should still be long in this trade, have absolutely no clue why anyone would take profits right now, when the agenda is completely up. The opening to begin the week and the continuation proves this. I'm not saying we are going up definitely, I am simply saying that THUS FAR, we are still going upward at this level and should wait for the outcome and not...

TomProTrader

Friends Just came across this out of no where, I'm not looking at the here and now of this stock, I'm looking into the future. We are currently in consolidation, and we have not left this range for some time. We have seen higher highs in this consolidation area, and we have a nice fibonacci confluence, long term zone, which lands on the area of consolidation. I...

TomProTrader

Friends Looking for a nice long to the higher highs. A bullish flag scenario could be in play, and the extension target is directly congruent with the wave targets expected in a 3 wave impulse pattern. Best of luck, Regards Tom

TomProTrader

Friends, Long is the word, looking for a move to channel top, which is an obvious first target. If this move succeeds we will see the 200MA curl around giving us a longer term uptrend, perhaps. Note there was recently a golden cross, which is instrumental in providing us with uptrend confirmation. Looks good for safe entry now, recommend 15 min chart for the...

TomProTrader

Looking for a nice long off of reliable levels. Looking at the weekly chart, you will see this is a fantastic opportunity to get into this stock there as well. Due to the weekly clear picture, you're able to utilise very tight stop loss, with my target high giving me over a 15.78 Risk reward ratio, but more likely, the lower target is more realistic for the...

TomProTrader

Friends, Looking to go short if we open lower, the resistance level is looking nice... Yesterdays candle showed sellers continued enthusiasm to go short in this stock because the upside was completely rejected, giving us a low wave rejection candle into the resistance again, verifying its integrity. This stock has been known to be volatile. Regards Tom

TomProTrader

Nice bounce off of nice levels giving us a good short. The only real issue with this stock, is the price. It is extremely cheap, and Halcon Resources actually did a share buyback recently, and it could may well happen again, if price gets too low... To try get investors confidence back again... Which could give some confusing technical signals. Thanks, Tom

TomProTrader

Friends A Technical idea, thats fundamentally armed. I neednt explain the fundamentals supporting weakness in the FTSE. If you dont understand why, you shouldn't be a trader. Regards. Tom

TomProTrader

Looking for a long to the upside, lots of reliable levels to go on, definitely worth a shot. *You are able to utilise tight stop loss procedure on this stock. Regards Tom

TomProTrader

Friends, If you was long off the wedge to the upside, you should definitely be out by now. Potential to short to the wedge bottom for some people, and I am sure some people shorted after evening star signal, to take advantage of the highly likely exponential retest that was going to take place (exponential retest took place at 1.5726) and if it breaks down from...

TomProTrader

Friends, Really liking this pair at the moment. Looking for upside movement, and with this move, you can get very low risk to high reward, on a high probability technical situation. Notes on chart, Best of luck Tom

TomProTrader

Looking for bullish continuation off of this important level, movement up from here could push us into trend continuation. Creating further higher highs and higher lows, giving us the seed of a new uptrend for longer term holds, off a nice bottoming like, double bottom we saw at the lows of the long term range. Thanks, Tom

TomProTrader

Friends, My analysis of XAUUSD. I definitely think short, for multiple reasons, as demonstrated on the chart. I would not look for longs on this chart, as the chart just says short to me, intuitively. Best of luck, Tom

TomProTrader

Looking for nice long out of this predictable range, notes on chart Risk reward model can get you massive Risk reward profiling, giving low risk to higher reward. TARG LO: R/R- 3.97 TARG HI: R/R- 9.45 (!) Thanks Tom

TomProTrader

Looks good for continuation short, still in a small term wave pattern, looking for bearish force to break narrow range to bring us further lower... Regards Tom

TomProTrader

Nice probability move to the upside. Expecting move to top of channel, can get a very tight stop loss in this sort of situation. There's lots of extenuating circumstances supporting an up move, I also like the structure shift, where it shows that investors are showing a new paradigm shift. Creating higher lows and higher highs. Good luck trading Regards Tom

TomProTrader

Nice little bullish pop potential in the EURJPY pair. The pair is looking eager to go, really hoping for close above 139 to get me into this trade. Looking at 7 RR so it's a very good trade with little risk. The fact the stock gapped down and has today been trading above the previous days close is extremely bullish in FOREX. The bulls are obviously eager to...