insulinSpike

insulinSpike

so with these 5 waves decline that has happened lately, this is why i'd like to be careful in being too confident shorting.

insulinSpike

Nice bounce here on GLD, looking through the futures in /GC it looks offering nice setup to long on the pullback. Edge is clear with stop at 114.46. Looking to buy at these levels: 117.29 116.66 Target profit at least 120.98. Will update if the price is clearer.

insulinSpike

Nice play on USO. But better be careful here since it's coming to big support on daily. Will be watching closely and book 1/3 profit.

insulinSpike

short GS yesterday, will see how this follow through the setup is there since the last time I posted it now it's time to see if this plays out.

insulinSpike

These are my parameters to go short in EURUSD if the price breaks to below 1.3620 first without making move to 1.3720 But still watching closely. How this will develop. I've been trying to be very careful shorting the EUR since it's been failed making follow through to the downside even though there was 5 waves impulsive decline for a year, yet it rallied in 3...

insulinSpike

I was wondering what was the three waves up we saw to 1.3890s on christmas holiday. If it was the fifth wave of bigger daily diagonal, since the 3rd went to 1st wave territory, it is likely that the last top would just went shy above the previous at 1.3830 just to puke. My initial objective was looking for .3950s on the long side. But the current price action...

insulinSpike

Trading top and bottom really takes time because the price could be pushed to new high/low before it's finally reversed just to trap traders on the wrong side. I was stopped at b/e and will be watching price closely. Honestly the risk to the downside is limited it's just like 100 pips away but the risk to the upside is huge as we are in weekly support at the point...

insulinSpike

after getting in on shorting AUDUSD, now target is at 8750s will be nimble here, while after getting there would like to try find entry to buy.

insulinSpike

Eeek, this looks very severe. Got burnt -30pips from previous entry. Will wait things to chill first. Now if this has topped I want to see 3620 breaks strongly. Then I'm looking retracement to sell. Sidelines at the moment.

insulinSpike

stop is clear at 13716 trying to get long at these levels: .3738 .3725 looking higher low first, at those levels as signal, then buy. flat if .3716 is breached.

insulinSpike

I'm not sure how to trade this but I'll keep the big picture the last 2 weeks on the deck. this could blast higher but again being careful pays, reducing risk is better to trade the next trading days.

insulinSpike

I think this audusd just tried to make fake bottoms here, so i'm gonna look to sell 0.8972 area, but will make sure the price goes to 50MA first to short, then short the retrace so I could have clear edge of stop loss. I'm not sure about the lower high price made at the gray area because in my trading platform it showed different price, it didn't make that low...

insulinSpike

I'm thinking if this is a triangle? If the price is gonna make triangle pattern, then more upside is favorable as long, again 1.3716 is not invalidated. Just an idea since the price retrace previous leg up 80%

insulinSpike

I'll give long opportunity a chance, since the price is not looking great for previous idea to short for another leg. This is traded in a range though so, will be another whipsaw for the next trading days but will look to go long with stop below 453.11 at 639s-700s

insulinSpike

Can't be too bearish since the price hasn't broken 1.3716 But can't be too bullish since the price has shown very weak price as it retraced so deep. So stay sideline or get burnt. This might bounce to 1.38 again just to offer short opportunity the next trading days. Levels are clear for me, can't buy this below 1.3716 But actually this went to 1.3743

insulinSpike

From the last trading sessions, I was looking if the price would go to 58.15 as invalidation level to be extremely short this stock. But then the price has been traded inside of downtrend channel which kept me from buying this. I still think this looks constructive to the upside but it hasn't offered opportunity to go long just yet. Instead if the price doesn't...

insulinSpike

Some sort of lack of volume, is what making me to consider looking to buy gold right away even though now it has reached the buy zone. Will look to next few days if this could be opportunity after price action shows me it's constructive to the scenario for upside move at least to124. Will update if I'm buying.

insulinSpike

Was shorting oil at 35.86 and looking to take profit at 34.80-34.50 Will see from there. if it will make range bound for the entire january and continue decline in feb.