EURUSD: 1.07 Bullish Too?Last month we wrote about the possibility (linked below) about EURUSD continuing to be bullish off the 1.06 handle well today we believe there is some chance we keep going...
Middle
Know when you have trading edge, and know when to clean housebull trades when over sold,
bear trades when overbought,
and tidy up the house when in the middles.
when you know you dont have edge, trade small and clean up. wait for you setup scenario.
dont be in a rush to lose money
the market will always take your money, dont rush it. wait for you sweet spot for better reward to risk.
audio book link if you want: www.youtube.com
QQQ Weekly Volume is Spelling F The Fed!It's clear as day. It's imposible not to see it. You look at the volume and you say to yourself, wow, that looks exactly like the markets giving the bird to the Fed.
They are in a tantrum, everyone is a crying weenie baby sissie paper handed bi*** and the markets are calling the Fed to rescue them as they always do.
It's like a pavlovian response, a dog like response.
Bitcoin Pitch Fan ResistanceBitcoin is meeting resistance at the middle of the Pitch Fan on the 1 hour chart
BURENCY: $0.14 | From the Kingdom of Middle Eastat current price with solid team...
fundamentals should kick in when the rest of the region signs up
Is the current battle simply the 50% retracement 10153 USD ?Is this current battle at 10153 USD simply the 50% retracement level (of June - December 2019)?
13880 USD = June 2019 peak (which was actually near the 61.8% Fibonacci retracement of the (19666 - 3122.28 USD) bear years! See between lightblue and lightgreen 13346 USD)
6425 USD = December 2019 bottom (and it stabilized around the 23.6% Fibonacci retracement 7026 USD of the same (19666-3122.28) bear years.)
10152.5 USD = (13880-6425)/2 + 6425 = the middle. Is THAT what bears and bulls are fighting about at the moment??
I am very new to Retracement levels. But for the 50% you don't even need Fibonacci, just ... the middle. IF this matters, then I predict where we might see a similar fight:
19666 USD bull peak December 2017
3122.28 USD bear peak December 2018
(19666 - 3122.28)/2 + 3122.28 = 11394.14
--> There will be another price fight (of the really long term bears and bulls) ... around 11394 USD. Let's see if that happens.
Opinions? And: Have I drawn the Fibonacci retracements correctly? And: Is 29890 USD (161.80%) the target of this run?
XCP/BTC long short midle verry similliar movements on chart so we can trade it in short time but its also good project to hold it for a while :) still in good buy position
ZEC BTClooks like zec setting up for breakout the downtrend , huge ab correction behind us also rsi indicate huge oversell so we can probably go back to fib 1st target in short time
3 support levels - you can choose ;)In pace of what we saw til now 0.30 EUR is good buy support in next 3 months.
S1: 0.4
S2: 0.35
S3: 0.3
USDCAD - Buy OpportunityUSDCAD has closed above the middle Bollinger Band on both the weekly AND the daily chart. RSI is above 50. I have entered at the open of the market on 1/20/2017. Daily view is linked to this idea.
USDCAD - Buy OpportunityUSDCAD appears it will close above the middle Bollinger Band. I will enter at the open of the market on 1/20/2017. RSI is above 50. SL set below previous day low at 78 pips. TP set at 246 pips near previous highs.
CADCHF - Sell OpportunityCADCHF has closed above the middle Bollinger Band on 1/19/2017. I have entered at the open of the market on 1/19/2017. RSI is below 50.
EURCAD - Buy OpportunityEURCAD has closed above the middle Bollinger Band. I have entered on the open of the market on 1/19/2017. TP set near previous highs. RSI is above 50.
GBPCAD - Buy OpportunityGBPCAD appears it will close above the middle Bollinger Band. I will enter at the open of the market on 1/20/2017. RSI is above 50. SL set below previous day body.
