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Entrepeneur

4th Extended Drive Gold Shorts Explained. Shorting Gold into 1850.00 as mentioned on prev analysis. Commodity went 60-70 pips past crucial weekly level to take out all intraweek/swing sellers and also putting in buyers into the market. It has made 200+ pips in just the Assian session so im expecting a intraday meltdown into the current LOD for the next two sessions ahead. Feeling confident about the move but anything can happen in this market so trade smart. Let's grab this bag for Christmas! Peace Out
FX:XAUUSDShort
by tropicalinvestor
1
BEWARE PROBABLE VIOLENT PRICE MOVE - SPDR S&P 500 - SPY - DAILYWe have noticed that the market is up trending and whenever the price has evolved close to the blue line and the red doted up trend line, it was followed by very violent price change. Therefore, beware, as the price is at the moment evolving around the red dotted line. Besides, the price has shown also elastic movements, coming back again and again to its previous break points. Keep all those information in mind when evolving on this SPDR S&P 500 - SPY market.
AMEX:SPY
by Diallo_Charts_Ideas
1
THE RESISTANCE IS TOO STRONG! - TVIX - CREDIT SUISSE- 30MN- IDEAThe market has been rejected several times along the bearish resistance line. It seems like buyers are not strong enough and the sellers look like accumulating profits by consolidating positions. Beware of the resistance which could be tested again. To lookup: - Volumes confirming that we are in a long run down. - Pullback on the resistance blue line .Nice entry point for a short position. Timing next week: -Open movements and midday to close movements Have an amazing weekend!
TShort
by Diallo_Charts_Ideas
[AUDUSD] Long with the overall trendWhat do i really like in this trade? First of all i am taking this trade with the overall direction of the trend (Bullish), i have a nice Risk/Reward potential as you can see, i can even go for more but i dont like being greedy. Also i have price action confirmation in different time frames, like the 4hr and 6hr. but i am taking this trade in a 8hr time frame, because i really like the higher time frames. According to price action what i see here is a bearish preceding trend (not my favorite) and then an indecision candle, followed by some confirmation that price might be changing from hands to the bulls, i was not able to take this trade at the high of the indecision candle, so i entered at a slightly pull back at a better price, which gave me a better risk/reward potential. As always i keep my minimum Risk/Reward 1:2 that way i only need to be right on 40% of my trades in order to be profitable. Trading Details: Time Frame: 8hr Entry: Slighlty above the high of the indecision candle. Stop loss: A few pips below the low of the Indecision Candle Risk/Reward: 1:2.5 Account Risk: 2%
Long
by daldertg