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Mastertrader

Société Générale going into the wallThe bank (GLE) is clearly a prisoner of the displayed pattern and could lose 2/3 of its market capitalization from now... The next big support are the green lines on the chart which bring the share price in the EUR 5-10 price range (for a current dividend per share of EUR 2). A consolidation in the banking sector seems unavoidable. The question is who will buy the European banks first -> Americans or Chinese? ;) My advice - follow the price reaction from the extreme points of the pattern. Good luck!
EURONEXT:GLEShort
by K-maro99
EURGBP reversalFX:EURGBP as we can identify that EU is working hand in hand with EG and they are both at their pivot points as you can see from my last trade. but now we are focusing on EG and it has given us a double top pattern in preparation to fall to its death. we see there is an uptrend but we are not going to trade with retail traders and buy but we will simply follow the actual new trend of the and fall with the pair to the midrange zone of the channel. and secure ourselves a steady 150 pip gain
Short
by lesmalek016
1