VIP_Trading_Technologies

VIP_Trading_Technologies

Hi Folks: Nothing new here in GOLD. The previous chart remains vailid at the moment but it seems that we need further economic data release to have a big movement either way. Can't add much at the moment, just be patient. Cheers. STAY SAFE ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and ...

VIP_Trading_Technologies

Hi Folks: Previous support acted now as a resistance. If you check the chart you will see that we hit exactly at the 73.12 area and pulled back after a +8% profit in two sessions. Omicron fear seems to have faded at the moment as the variant seems to be less harmful as initially expected. That's the main catalyst for the oil price spike. Another one has been...

VIP_Trading_Technologies Updated 

Hi Folks: Here's my updated view on US tricky oil after yesterday's successful short call. Target was achieved and exceeded by 50 pips :) Recent OPEC+ decision to keep the same output of 400kbpd above the quotas send the prices crashing and then recovered very fast. Regardless of what the oil analysts from big firms and banks are saying (oil at 125-150$) the...

VIP_Trading_Technologies

Hi Folks: Nothing new here. CHF keeps gaining ground and going to the target drawn in the chart. Waiting patiently and scalping once hitting the support trendline for few pips. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: We were pips away of my target at 1.117 so I think we are going to hit finally the target at last. I will be very strict taking longs at 1.117 and if we go below 1.11 then SL because we may continue falling to 1.063x area. Here's my idea for your consideration. Cheers ------------------------------------------------- Remember, if you liked this...

VIP_Trading_Technologies

Hi Folks: Here's an updated idea on this pair. We are currently sitting in a nice support are by a long term ascending channel and some other descending channels so I think it is interesting to try some longs at this level but always taking into consideration the bearish possibilities to make sure we do not blow up our account. I am proposing this idea to open...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. We are currently sitting on a very very crucial area where the price seems to be supported and bounced sligthly up but will it hold? I have tried few longs without success and then I have zoomed out the chart and studied it deeply and now I have no clue where the price will move. In that case will use the simplest and...

VIP_Trading_Technologies

Hi Folks: Here's an updated view on this pair. Long ago I have shared a chart with a possible HS pattern and afterwards I have tried a long idea that failed and hit the SL (partial hedge in my case). After analysing once again the scenario and some fundamentals I am going to consider the possibility of a bearish outcome of this HS pattern to the red support line...

VIP_Trading_Technologies

Hi Folks: I am proposing a long idea on GOLD based only on technicals. Mind that tomorrow Friday we will have NFP data that may bring a big movement in gold either way depending on the data. Good NFP data above expectations could send prices lower, and below expectations could send the prices up again. We are currently trading inside a descending channel that...

VIP_Trading_Technologies

Hi Folks: Based on the heavy volatility and news around oil I would not be surprised to hit the next target on today's session at 63.70 ±20 pips. OPEC+ is still debating and perhaps oil needs to go lower so they can prove to the World the need of continuing with their quotas for longer time. This is not a call of any kind, this is just an observation of the...

VIP_Trading_Technologies

Hi Folks: Long time I do not share any idea on indexes, particularly on US30. I am not planning to SHORT INDEXES, never ever will advise to do so as they tend to go up always with some hiccups in between. It is too risky to short. Instead let the price fall and then join the next leg up and get the dividends! Being said that, I am just sharing the actual...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. We are currently approaching an area where the pair has to decide which channel to follow, the longer term descending channel (red) or the newest ascending channel (green). On the weekly timeframe all the main EMAs converge at the same point and it is all mixed up, NEUTRAL. So we need to keep patiently awaiting where it...

VIP_Trading_Technologies

Hi Folks: A fellow trader asked my advise on Coffee, so I am sharing my view on this commodity. Ascending channel, resistance broken, all seems to be sending prices to previous highs, No positions opened, just sharing possible scenario on this pair without knowing much of the fundamentals...

VIP_Trading_Technologies

Hi Folks: Here's my updated view on this pair. The anticipated ascending channel seems to be working good at the moment and we should continue trading on the edges of the said channel. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Descending channel broken in favor for bears and target approaching quickly unless OPEC+ meeting prevents from further falling. Double bottom is almost granted. Catching a falling knife has never been a good idea. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW ....

VIP_Trading_Technologies

Hi Folks: First target achieved on this pair. Resistance trendline of the ascending channel hit. Possible cup and holder pattern with bullish outcome. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Nothing new in this pair. Business as usual. Target remains unchanged after hitting the support trendline of the descending channel. Preparing longs at 1.03 area. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. We are currently sitting on a pair of channel supports and current volatility seems to be helping the yen against most pairs (safe haven). At this point we could retest thrice the previous low or bounce from here. Uncertainty in my opinion. Chances of bouncing 65%, and hitting previous low 35%. You decide. I'm off...