dave25981155

dave25981155 Updated 

GBPUSD formed a fakey after the inside bar. Date Pair Direction Trade Trend Level Signal Entry 2018-12-18 GBPUSD Short With trend Down Horizontal Resistance Fakey market

dave25981155

I have been anticipating this setup to make a move lower to the post-Brexit lows. Let's see if it will work out. Date Pair Direction Trade Trend Level Signal Entry 2018-12-17 GBPUSD Short With trend Down Horizontal Resistance Inside Bar break

dave25981155

The ERUCNY pair seems to be making a retracement after the run-up that started in June and lasted until September 2018. I will be trading this unleveraged. I am just buying and holding Chinese Yuan without using a broker that lends me money to leverage my bet. Target 1 is at the 50% retracement of the June-September move. Target 2 at the 68% and target 3 at the74%...

dave25981155 Updated 

Getting ready to go short again back into the Kumo. Date Pair Direction Trade Trend Level Signal Entry 2018-12-6 GOLD Short Counter Trend Side Horizontal Resistance Fakey break

dave25981155

I think EURCHF will head lower in the coming months. So I bought some Swiss Francs. This is an unleveraged trade in a multicurrency account that I can access at any time for spending if needed.

dave25981155 Updated 

Date Pair Direction Trade Trend Level Signal Entry 2018-12-02 GOLD Long With trend Up Dynamic Support Pin Bar break

dave25981155

If GBPUSD breaks below recent support, I will be looking for a retest of that level as resistance for a short trade targeting the lows that were seen after the Brexit referendum.

dave25981155 Updated 

The TRY seems to be strengthening against the Euro. I do not trade this pair, but as I have a personal interest in Turkey, I might buy some TRY (unleveraged) so upcoming visits won't become more expensive :-).

dave25981155 Updated 

Date Pair Direction Trade Trend Level Signal Entry 2018-12-02 SILVER Short Range Side Dynamic Resistance None retrace

dave25981155

Date Pair Direction Trade Trend Level Signal Entry 2018-12-02 EURUSD Short With trend Down Dynamic Resistance Bearish Engulfing retrace

dave25981155 Updated 

Looking at the weekly chart I see price bounced higher of the kumo. On the daily chart, a possible bullish head and shoulder pattern is forming. It looks to me that the neckline break and the kumo break could coincide. My guess is that if the S&P 500 breaks above 2815 there will be a high probability price moves higher to make new highs. See the weekly chart:

dave25981155 Updated 

Date Pair Direction Trade Trend Level Signal 2018-11-25 Silver Short Range Side Horizontal Resistance Bearish Engulfing retrace

dave25981155

Date Pair Direction Trade Trend Level Signal Entry 2018-11-26 GBPUSD Short Range Side Dynamic Resistance Pin Bar retrace

dave25981155 Updated 

Date Pair Direction Trade Trend Level Signal Entry 2018-11-25 USDJPY Long Range Side Horizontal Support Pin Bar retrace

dave25981155

Date Pair Direction Trade Trend Level Signal Entry 2018-11-25 USDCAD Long With trend up Dynamic Support Bullish Engulfing retrace

dave25981155

Trade: With trend Direction: Short Trend: Down Level: Dynamic resistance Signal: Bearish engulfing Entry: Limit sell at 50% retrace Target: 2R

dave25981155 Updated 

A with trend bullish pin bar formed on the dynamic support by the moving averages. Trend: Up Level: Dynamic support Signal: Bullish pin bar Trade: Long with trend

dave25981155

There has been a bullish engulfing candlestick pattern on top of a strong support level in an uptrend after a retrace. Also the price has broken above the kumo as well as the chikou signaling high probability of continuing uptrend.