Think Platinum has shown its lows but only time will tell. Broke long term down trend with big move to the upside. If Platinum has indeed carved out its low, its only a matter of proper positioning for the bull market. Expansion of money supply as well as lower interest rates across the board should equate to much higher metals prices. We will see!
Between 0.7596-0.7825 looks appealing for short orders and continue this long term down trend. I also spotted potential buy orders at .7200 and .7240 for any short term opportunities!!
So as most of you already know it is March The 10Th Which is the date where The ECB come out and speak about Monetary easing, Inflation and Rate cut What am i expecting ? Well as a mainly technical trader it is in my job description as a full time trader to look at Both technical and fundamental in the market. After heavy research into the Fundamental side...
Time to buy! Buy if Tenkan Sen at 123.800 holds on closing tonight Target is KS, at around 127.180 Stop at 122.60 Feel free to like/comment Cheers Jesse
Comments on chart. Feel free to like and comment Cheers Jesse
Please check comments on chart. Feel free to like and comment
The downtrend is currently being broken, corresponding to 61.80% fib retracement Prices are above the cloud Prices are holding tenkan sen TP1: 0.67587 (next level retracement) TP2: 0.68861 Stop on KS at around 0.65900
Our last setup (check below) seems to be confirmed! Prices nicely crossed daily KS indicating bullish momentum Resistance could be seen on Weekly KS as indicated in the chart then on the top of the KUMO but we have broken the minor downtrend. Stop loss on KS, at around 76.30
Hi, I sold high in the third convergence and I let run the trade. The price went down in waving many times and taking months to reach the TP. I am aware that I closed the sell too soon, but the profit was good. In reality, after months I had forgotten to change the Take Profit. In any case, this was a Great Trade and the Best way to Close this profitable...
For the past few weeks NZDUSD has been very rangy and hasn't really showed any real sense of market direction to capitalise on. However, we have a nice quick little short setup we at tips4pips keeping eyes on. Price displayed a triple top formation at resistance + 200ema and also a false breakout of a major descending TL. We was looking for a break of the...
A nice descending triangle with 7 touch points. My backtesting has shown me that often the oscillations get closer as the triangle gets closer to its apex, and we see here that this behaviour is very strong. The key here will be the open of next weeks trading, where we will see whether it will break above the descending line and ruin the triangle or if the market...
Overall bias is Bearish -Firstly we have bounced of key level of 1.7000 -we have broke trend line based off 4 hour time frame -We had a small retest -I do believe we will break previous lows -Previous four hour candle was a bearish hammer -A lot of wicks to the upside Off the daily -We can see huge wicks to the upside on the Ket level -Yesterdays candle...
GET READY FOR A DROP -clear break of trend line -re test of trend line -Bearish engulfing of trend line to confirm strong area of RES -Also confirms momentum
GBPAUD I sold high after the Main Trend Rotation and I took the profit yesterday when the price action took out the last demand level. +1232 pips of Realized Profit. Now I wait to buy low in the dip. Thank you Girolamo Aloe - profiting.me
Warren Buffett keeps adding to his bets on the oil industry Berkshire owned about 26.53 million Kinder Morgan shares worth roughly $395.9 million at year end, according to a U.S. Securities and Exchange Commission filing detailing its U.S.-listed stock investments. Kinder Morgan is a company headquartered in downtown Houston, Texas. It is the largest...
Reasons for -Firstly we have broken a strong trend line -We have bounced off 0.5 FIB level numerous times and its held strong -The previous 12 hours (3 candles) have been engulfed by this past candle -This shows us momentum to the upside -We made a new high and i believe we will test that high if not break that high and make a higher high -We are also up...