We could see 3 global square range at the Oil chart for last 10 years. I call it Support, Resistance and a Transit zone. You could see that we have successfully leaved Support zone (so, no Oil shorts any more) and follows to the Transit zone. There are 2 main options now - to push off from it and return to Support zone or to come inside of it. If we come inside of...
I have created 2 regression channels. As you can see we are at the bottom of the small one and at the middle of the large one. So, I am awaiting of continuing of growth. Hope you are not someone who were afraid to Long and have closed a position. Good trades to you. Pay attention to my Big picture. Seems to be interesting one:
I see several possibilities for this pair now, however I believe to short it is a righ decision. Be carefully. A dangerous trade. Pay attention that below 114 is a high risk zone, a special attention is needed.
Looks like there is no chance to see 90-100 area soon in this pair. Be carefully if you are playing againts the Rubble.
Don't buy at the top and don't sell at the bottom.
Awaiting of a huuuge decline. 1. Price has leaved resistance square. 2. Price has broke and retested a trendline. 3. Weekly candle very very bearish. However W pattern alternative movement sill available. Be carefully, not so simple trade.
There are several main DXY setups now. I believe in DXY drop in this year , so I confidence this pair is going to drop too. However, the reality could be fully opposite. It is high uncertainty now . So, take this under considiration trading this or fully opposite setups. Good trades to you and all the best from my side.
I have opened a short position in a pair and have prepared for a good trade. Just a trouble to have a patience till the target is reached. A dangerous trade, not for everyone. Be careful .
Very very specific moment now. Both paths are probably and possibly. So each trade going to be a high risk one. Not even think about open a trade now! High risk to loose. I am going to open shorts. RR better in it. :) One more option - first long than short of the pair. Crazy day :(
I am short oriented in a pair. However, if you not tolerate high risk, not try to repeat my trade. It is just a small trade of this trade:
I have opened longs in Gold 2 months ago and it looks like I am not going to close it yet. Think twice before open the same trade cause my last 3 setups in Gold were superb profitable, a probability for the next to be the same has seriously lowered.
I believe in 1.32 level and there is just a question of timing for me. I have opened a trade. However, this trade is highest risk one . If you trade Forex with huge margins, be prepared for great losses if unexpectedly price drop till 1.0-1.12! Calculate RR ratio many times before open a trade. Not for those who just started to trade! Not repeat others (also...
No rush in it. DANGER . Make your own RR analysis before entering a trade. Be also prepared for a rush and unexpectedly drop till 1.0-1.12. The most dangerous trade I have ever had. Not for new traders or those who are not tolerate huge risk.
Not sure in this trade. Have a doubts. But probably going to try it. If you have some other ideas, please post it in a comments. Good trades to everyone!
Fully margined. Close it if broke an upper trendline. Looks to be safe enough.
I am not going to close shorts before a red support zone. For safety trade, look closer to the red line. Remember about risk.
I see 2 possible directions for a shortterm. Would be glad to see the price in a triangle area with the decision purpose. Follow the red line. Remember about risk.
Intraday only . Not keep it opened. Remember about huge LONG pattern :