Holding a long-term short play on NAS100. It broke a strong support today, despite the news I still see this continuing down either way. Since this is a volatile play I won't start trailing SL until a break past 11690.
Seeing a drop coming before a big move up. If 4H closes below horizontal ray support, it’ll be extra confirmation for me.
Strong support on 4H, can catch some good short-term gains. For the long hold will have to be patient, it could push back down to a weekly support; will simply re-enter to hold a strong swing position.
After the strong pull-back I'm looking to add another buy around my initial entry from previous idea. If this breaks again we could finally see a push closer to the previous ATH. Remember to keep using a trailing SL when well in profit :)
I entered a sell position at 32200. I'm only looking for SELLS from this point on, the pull backs have been getting weaker and weaker so this trade is already set at breakeven. If I get taken out of the trade I'll keep re-entering on pullbacks and keep updates on here. May look for a top up trade at 32003.
US30 touched back down to my WEEKLY S&R area, I'm taking a buy position for a good potential bottom entry to hold. Great risk to reward ration if it doesn't break support and rebounds once again
My previous idea on USOIL breaking played out with near perfection, now it's all on if a new ATH could be in play. I'm willing to continue to hold my position to find out, this is my first real swing trade , but a drop back to entry seems unlikely at this point. It did do a deep dive down but was able to continue it's upward momentum, I don't see a dive that close...
Keeping at tight SL on this, should see some heavy pull-back before a deeper drop. Check linked idea for potential sell positions I'm looking to get in on for a long swing trade down. Possible to catch the recession impact at a good entry if strong pull back happens.
Let's not deny the bear market we're in, with a Recession more than assured it's only a matter of "when". Currently US30 has been holding support on my 4H and WEEKLY S&R lines and it's been setting lower highs since it hit it's ATH around 36955. All I'm looking for is a good entry for a swing trade down. Again we don't try to tame just mitigate when it comes to...
EURUSD has been hovering around my Daily support zone and may not make the break to new historical lows for now. I see another power-run coming potentially higher than the previous, it's in a take-off zone. If it hit my SL, I'll most likely re-enter and set SL @ 1.04668 it's just under the lowest point it's been able to make since this big dip. I don't expect this...
The market took off today, and we know how the dirty 30 plays and should expect the drop to be more than likely. We don’t chase we make the market come to us, US30 always goes big when it makes a move. If it breaks downward then it’ll be a nice ride down (around my 4H) support area. A strong trader MR US30 is waiting for buy limit around my TP zone, so that’s...
If oil can break my optimal trading zone it could break upside, got my SL set at previous 1H support @ 105.915
BTC had a nice spike, now I see some pull back coming in on the 15M with some consolidation build up. Have a TP set around the 50EMA could push back up or fall straight thru but I want to make the “get in early, get out early” early on this position.
Broke structure in an optimal trading zone, this should push down to around the 99 area. If this plays out I see a huge upside breakout so if you only buy OIL a nice entry is coming up for a upside swing trade.
We're still in a bearish market. Buys/Sells have been going at it hard at the start of this week, with the bears eventually coming out on top. I think we'll see another big drop down and a great entry for a swing buy in the near future, just have to be patient. Until then I have a tight SL set and a short position filled, not risking much the best is yet to come....
#USOUSD has broken through optimal trading zone again, based on past patterns and history with the 1H S&R line it's testing, I think we'll see further up movement near 109.123 and then a nice down movement to 4H zone @95.706 area. Plenty of room for a quick LONG and long SHORT position play :)
Added another sell position. EURUSD bounced off daily support and I can see it falling further down to weekly support @ 1.04421, there's consolidation on the 15M time frame and with the trend still pointing down and higher timeframes still hovering below 50 & 100 EMA's I don't think EURUSD will be making a recovery yet, especially with the war on-going.
We've reached a major pull back point on GOLD, after some consolidation earlier today a drop was imminent as we started to loose upward momentum. If you missed the previous drop/rise today or got blown out from the spike, here's your chance to recover/profit. I'm expecting GOLD to make it's way down to the 1750 area in the coming days with minimal pull back. If...