UnknownUnicorn163516

UnknownUnicorn163516 Updated 

I have been believing in Oil's rise since it fell till 26+ in 2016. Let's see if it is time for Oil's rise now or not. Remember about huge risk of such trade as deeper correction is possible.

UnknownUnicorn163516 Updated 

Looks like we could dive till 1.10-1.11 level very fast, however, I personally like this ascending channel. Not for beginners, a really dangerous trade.

UnknownUnicorn163516 Updated 

Interesting that if to look deeper into a chart we could see 2 heavy channels - one ascending and one descending. Looks like we are close the bottom now in both of them - so I am being expecting of huge rise in next 2 years with the future 2 years decline. However in a long-long term perspective (10+ years) a future of EUR is not clear: as you can see - we are in...

UnknownUnicorn163516 Updated 

I am globally LONG oriented at Gold. However, the price is inside of descending (falling) channel. So, my approach with trading it right now - to Long above a red line and Short below a red line. This technique doesn't protect from huge accidentally moves.

UnknownUnicorn163516 Updated 

Don't think I am crazy, just learning how to trade channels :) // not a recommendation

UnknownUnicorn163516 Updated 

As you can see Oil slowly returns to a huge Ascending Channel which has started in 1999. As long as Oil is inside of the Channel (or close to it) I am great believer of Oil rise. Due to a symmetry I suppose that we could see a huge move till the top of the channel with possible break (or not?) at a middle of a channel. If this setup comes true you were bought at...

UnknownUnicorn163516 Updated 

I suppose that Oil has returned to an Huge Ascending Channel (look my longterm view). However, it is now situated in a Descending Channel and while it is inside of it - the decline view should be in a priority. If Oil rise till the top of this channel - prior attention to it - because there is strategic question could be solving - if Oil rise or fall. Remember...

UnknownUnicorn163516 Updated 

I don't like a H&S patterns because they are often wrong. I don't trust it to much, however I am not going to short a pair now. Will see the dynamics of it.

UnknownUnicorn163516 Updated 

As you remember I have not entered Gold longs previously (last Gold's setup) because it came into descending channel. However, we could see that it has almost reached a bottom of the this channel . Good level for enter Longs. However, I do not recommend to open positions yet because we could see a false (real?) channel breakthrough. NO TIME FOR LEVERAGES - we...

UnknownUnicorn163516 Updated 

My attention to the channels here. I am Long oriented while EUR is above of the middle of the small channel.

UnknownUnicorn163516 Updated 

Publish my January setup once again with no any changes.

UnknownUnicorn163516 Updated 

I am going to try a trade of H&S pattern. Be careful and use a strong Risk management approach.

UnknownUnicorn163516 Updated 

If price returns back to a triangle don't miss a possibility and try to Long Gold. High-risk trade if happens!

UnknownUnicorn163516 Updated 

If you follow my setups you probably paid attention that I have started to use Heikin-Ashi candles recently. I just fresher making my first steps in this technique. I have created 4 forecast based on Daily candles. Main characteristics of a technique: 1/ Heikin-Ashi price bars are averaged and calculated by the formulas. 2/ They support in finding a trend. 3/...

UnknownUnicorn163516 Updated 

Risk Management is a mandatory. There are no simple trades.

UnknownUnicorn163516 Updated 

I have found many superb tools recently which I have started to use in a trading: H&S patterns, Heikin-Ashi candles, Channels, Triangles, C&H and others. H&S is my favorite one. // Left shoulder looks a bit higher, so prepare that rise still could happen without making setup invalid. RM is a mandatory - there are no simple trades.

UnknownUnicorn163516 Updated 

I personally believe EUR has entered into an main ascending channel with a potential to rise to the middle of a it. If EUR does so, probably declining cycle will comes giving strong pressure on a future EUR growth. If EUR reaches a middle of the channel and fall after that I afraid we could see huge dive till 1.0 and lower inside a big flat channel.

UnknownUnicorn163516 Updated 

I believe in USDAUD fall because of my previous setup with Inverted H&S which has a good dynamics. Be careful now because chart shows too many possible variations . Remember about Risk management (#1 always).