farmtrader15

farmtrader15 Updated 

The past couple of trading days we have seen crude oil falling off a cliff. Down 12.5% in 8 days to be exact. We are now in a zone of demand and the buyers will be stepping in now and will continue to scale in until/if we make it to the lower buy target (noted by the green arrow). If we lose the zone that we are currently trading in then we will visit the next...

farmtrader15

Text book multi year triangle pattern has formed. This is one to watch over the next few weeks! I plan to pick some up at $24

farmtrader15

As gold climbs higher, a double top reversal should not be left unnoticed. I plan to short gold here and add a bit higher if we get to the local top. Stops in place.

farmtrader15 Updated 

Crude has broken out of a falling wedge pattern, looks good to me. I have been long since the lows of the past week. This is just another reason to hold my longs. Major targets are indicated on the chart.

farmtrader15 Updated 

Gold is pulling back strong today, and with every pull back in an uptrend, an opportunity arises. Time to get long.

farmtrader15 Updated 

Gold has formed a bull flag, I am waiting for it to mature more before entering this trade. This could breakout at anytime! set alerts

farmtrader15

The chart says it all, time to short. All of crypto is on a rally of short liquidations but I think the rally is coming to an end. Use stop losses!

farmtrader15 Updated 

Bull flag + bullish continuation on the momentum osculators + stocks falling + dollar finding bottom

farmtrader15 Updated 

This is a branch off of my morning post on gold and it is simply a closer look of the resistance I discussed this morning. So far this is leaning bearish but anything can happen. I have entered short on the red lines and plan to carry them too $1800-1780. Good luck!

farmtrader15 Updated 

Silver with a potential rounding top forming could lead us into a inverse cup & handle formation.

farmtrader15 Updated 

The long awaited breakout may be here. Everyone and there mom has been chomping at the bit for months for this opportunity... Is that a sign that we should not get excited or ape into a long? Its up to you to decide. I personally have been accumulating $Tell (NG stock) for 2 weeks now and just recently added more on Tuesday. What do you think NG will do next...

farmtrader15

Gold has broken below support and is on its way of back testing and confirming this breakdown. A revisit to $1800 is likely and test of the high $1780s is in the books.

farmtrader15

I believe crude will continue its drop today into the key levels noted on the chart. This can be played as a day trade or as a DCA trade if it goes down further than first anticipated. I have three levels noted to watch for the long side and one level noted for the short side. Trade safe!

farmtrader15 Updated 

Golds technical structure looks favorable for day/swing trades for now. Today I reentered short on the CPI jump and I am looking for the lower targets that are noted on the chart with a green arrow. I then plan to reevaluate the TA and then I may go long off of one of the two green arrow targets. I will update this post directly or update my plan in a new post....

farmtrader15

Gold has formed a textbook bear flag and it is just a matter of time before this formation confirms. A number of bearish confluences coming into play here, I got short again today after riding gold down from its recent highs. I will add on the retest of the top of the flag channel. My targets for this trade is a measured move of the length of the flag pole. A...

farmtrader15 Updated 

Oil appears to be selling into some key parallel channels and also forming bullish divergences. With China reopening on the horizon and the SPR at record lows I believe we should be bullish on oil. This is a medium term opinion, yet this trade could offer up a nice midterm set up as we are getting higher highs and higher lows.

farmtrader15 Updated 

BABA has formed a beautiful and mature in-spirit-of bull flag. A move should be excepted within the next few trading days.

farmtrader15 Updated 

BABA has been trading very true to its technicals the past few months and I am willing to trade it again. The chart says it all! Good luck.