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02/11/2020 #SPX Possible Up DayOn monthly, weekly, daily, #SPX is on a downtrend based on my system. But price action wise, with Friday's doji close, we look to go higher. This post is later than my usual, some opportunity might be lost already. Price already pullback to 3251 which was my long/short zone. 3273-77 is the other reaction zone to go long, and price is currently above. Upside resistance will be at 3310-16. 3345-3355 is strong resistance, and it should cap high of day. In the event 3248 breaks, unlikely today IMO, 3195-3204 will be support. 3165-3175 is strong support, and should cap low of day.
OANDA:SPX500USDLong
by FadeMeIfYouCan
30/10/2020 #FTSE Where next?FTSE looks like a bear flag is forming.But with yesterday's reasonable daily close, both sides can be played today. My blue zone - above 5587 for longs, target 5603, 5637, 5685. Be nimble and trail stops. I have a hunch we will see 5685, but hunch are hunch. Trade what you see. Below 5569, be short. 5539 should offer a bounce as it is yesterday's low. We might even bounce here and rally. Below are 5489. 5443 is strong support, should cap low of day.
OANDA:UK100GBP
by FadeMeIfYouCan
30/10/2020 #SPX Cautiously BullishI tweeted on 22 Oct when SPX is at 3422, we will see a down before end of year to 3140, 3062, 2888. I called a possible pullback yesterday (29/10) in #NDX. Pullback occurred. When everyone is bullish, news out. Market tanked 300 pts - just at the hit of my R zone (see my other #TradingView post). So where next? I am bearish longer term but intraday, we MIGHT see price go up today. Yesterday's daily candle was a doji. Price action wise, going up 1st looks more likely. It is not easy to call another up day when a pullback has already happened. But I shall. 3267-73 is support zone. Going long here with a tight stop below 67 offers good R:R, targets are 3295, 3323, 3331, 3355. If some news cause some rally, 3363 should cap high of day. Low risk sell level. If you are conservative, close above 3295 will provide confirmation for a up day. If 67 breaks, target 3249, 3212.5. 3185 should offer strong support to cap down move.
OANDA:SPX500USDLong
by FadeMeIfYouCan
29/10/2020 #NDX Massive sell but good for a pullbackIn my previous #NDX levels given on 22 Oct, my heading was #NDX trying to find a bottom. I hope you heed the advice. All my levels played out perfectly. We had a massive sell yesterday. It will continue but I sense a pullback first. How deep it might be, I don't know but path of least resistance is still down imo. So play both sides. Price has moved up slowly since open, around 70pts. If you aren't long yet, do note 11287-305 is my reaction zone. Possible reaction (rejection) for further down, targeting 11027, 10985, 10863. In the event of massive sell and 10587 trade, it will be a low risk buy level. If we do reach the lower levels, I sense there will be buying pressure to try to bring it up. I will only trade the long if 11305 breaks, targeting 11387, 11465. 11465-11515 is a zone of lots of resistance. I expect rejection from there.
OANDA:NAS100USD
by FadeMeIfYouCan
2
29/10/2020 #EURUSD Obviously bearish but patience is keyYesterday EURUSD tanked quite a bit. If you have been following my tweet, you should be warned. 500 pip movement I see coming, given during last weekend. Yesterday's very bearish candle signal more downside coming. But I sense (yes sense) that we should have a pullback 1st (price did stall yday later in the session) Thus you can either play the pullback(go long) or wait for pullback to happen to short or of cos, if it doesn't pullback, to trade the breakout. Price now ranging in my orange zone for past 6 hours. If 1.1741 breaks, look to target 1.1711, 1.1677. In the event of heavy selling and 1.1637-47 trades, look for rebound to go long. If you want to trade the pullback, 1.1773-87 will be a zone with possible reaction to go short, targeting the below levels. 1.1813 should cap high of day. Almost unlikely it will trade, as it will give a bullish engulfing candle on a bearish candle yesterday. I will definitely go short there. If you want to trade the pullback, probably on break of 1.1755 with stops at low (1.1741). Upside is little - 30pips imo
Short
by FadeMeIfYouCan
2
28/10/2020 #DAX30 Looking for more sell but open to pullbackLots of selling yesterday (27 Oct) for #DAX30 #FDAX, closing at the lows. Selling pressure still on but there might be possibility of pullback. A lot of room to play for the pullback. 12162-86 will present a low risk short zone with purple lines 11940, 11986, 12050, 12110 resistance along the way. If 12162-86 does not hold, 12230 should cap high of day. Below targets are 11828, 11720. In the event of panic selling, 11490 should cap low of day - low risk buy level.
OANDA:DE30EURShort
by FadeMeIfYouCan
28/10/2020 #SPX #ES_F looking for more sell, till I am wrongYesterday (27 Oct) #SPX #ES_F closed at the lows. It is still ranging now. Normally if we are to pullback, it should come quickly from open, but not so yet, thus probably we will sell in Europe session. But do note that 3402-3406 is a valued area of yesterday, there is always a probability we might pullback to there. That will present a low risk short level. Purple lines 3382 and 3390 are probably R. If you want to trade the pullback you can trade level to level, but as per my plan, the upside (above the blue zone) is limited - 3412 and 3420. Below support are 3364.8, 3350.8. If 3323.8 hits, it should present a low risk long level.
OANDA:SPX500USDShort
by FadeMeIfYouCan
27/10/2020 SPX ES_F Let the sell continueMy post yesterday was titled "Let the crash begin?" Probably will be more apt without the ? We had a 100pts downmove then a pullback of 50pts. I still see further down; as I tweeted yesterday, no news is bad news. Blue zone is usually my buy/sell level.But given the large movement yesterday, I actually put in an orange zone. Be short below 3406 target 3382.8,3360-66 and even 3318. 3272, if we somehow reach there, will offer low risk buy level. Do nothing between 3413.6 and 3424. If price pullback to this deeper levell, 3424-28 is the level to hold. If rejected, lower targets as mentioned above will be in play. I will only want to look for longs above 3428, targetting 3448. 3458 should cap high of day - low risk sell level.
OANDA:SPX500USDShort
by FadeMeIfYouCan
26/10/2020 EURUSD Possible pullback dayFri 23 Oct we had a down move, supported and a rally to close the day. However price is overextended and according to price action, we should see another pullback. Below 1.1836 go short, target 1.18080-14. 1.1780 will act as strong support, thus I expect a strong bounce from there. If support breaks, 1.1758 should offer low risk buy level. Above 1.1850 can be a level to go long, targeting 1.18860 and 1.1896. 1.1914-24 zone should offer strong resistance, capping the high of day and offering low risk sell level
by FadeMeIfYouCan
26/10/2020 ES_F SPX Let the crash begin?Price still ranging, in balance. 3 things which could affect the next move in SPX are the earning announcement, elections news, stimulus talk. On a broader picture, as per my tweet last week, I am seeing a set up for a bigger correction coming before end of year. Anyway for 26 Oct, look for longs only above 3460, targeting 3474, 3487. 3504 should cap high of day, offering low risk sell level. Below 3452, bias is to the downside, targeting 3426, 3400. 3382 should cap low of day, offering low risk buy level
OANDA:SPX500USDShort
by FadeMeIfYouCan
23/10/2020 EURUSD Where is the bottomEURUSD - bullish on monthly and weekly but bearish on daily timeframe We have pullback yesterday and price is coming down as I type this. We might find a support today but till then bias is down. Monitor 1.1830-38 for a possible pullback and rejection down, targeting 1.1798, 1.1780, 1.1766. 1.1742 should cap low of day, presenting low risk buy level. I will only look for longs above 1.1838, targeting 1.1852 and 1.188. 1.1908 should cap high of day, presenting low risk sell level
by FadeMeIfYouCan
22/10/2020 GBPUSD - looking for pullbackPrice rallied yesterday but hit strong resistance. Expecting a pullback for today. You can either trade the pullback or wait for pullback to go long. I will look for longs above 1.3148, targeting 1.3176, 1.3232. 1.3324 will be strong resistance but if 1.3376 trades today, I will sell it with low risk. Below 1.3130, trading the pullback to short to 1.3054 as 1st target. Break of that should see 1.3024, 1.3006 trade.1.295 will cap low of day for low risk buy
Short
by FadeMeIfYouCan
21/10/2020 SPX ES_F SPY Where next?Price is ranging with no clear direction. According to my system, price is in an uptrend on a monthly TF, but down on a weekly and daily timeframe. Market is probably waiting for outcome of the stimulus talk to decide the direction. I have identified the levels to trade on. Above 3446.8 bias is to the upside, targeting 3467.4 (rejected by this level currently), 3488, 3498. 3518 should cap high of day, presenting low risk short level. Below 3442, short bias, target 3430.8, 3416 and 3396. 3382.8 should cap low of day, presenting low risk long level.
OANDA:SPX500USD
by FadeMeIfYouCan
2
19/10/2020 Silver - Expect down day today Based on price action, lots of resistance for silver. Thus my system points me to going short for today, though not discounting that we might see buyers at lower price levels. Price now at 24.22. Price could sell from here or pullback to 24.41 zone which offers better R:R for shorting. Expect 24.68 to cap high of day - low risk sell level. Lower targets are 23.948 and 23.766 with 23.5 as cap of low of day - low risk buy level.
OANDA:XAGUSDShort
by FadeMeIfYouCan