Hey Traders!
Just a reminder that there is a buy signal on the MACD for gold, and that the Madrid Moving Average Ribbons have all crossed the price-line.
If you check the 1 Week Candlestick Chart, you will see that the last sell-wave indicated by the MACD will end soon.
Again, just a friendly reminder that 2020 really will be the year for gold.
Drop a healthy...
Hello Traders!
We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future.
As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM).
They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
The EURJPY BEARS has been pushing the price down for awhile now and it has maintained itself below the outer TL. Last week the BULLS made a push to bring the price up to the 123.50 level only to be rejected again, The ADX has not reached a exhausted level giving a little more room to the downside and the Stoch RSI is in the SELL zone and has giving a entry at...
