ADAM19- Possible LONG SetUP bitMEX - cross leverage (NO more than 5% of acct balance)
Start Laddering LONG positions
@ 1728 - 1715
SL: 1698
TP1: 1744
TP2: 1765
This is my unprofessional opinion **DYOR*
Reaction
Setup Leg Fading Short Setup USOIL extended its setup leg 128% and is now seemingly ready for a reaction leg towards the 38.2% retracement point of the setup leg. Today is an event day, volatility is expected to pick up, however selling 128% extension with stops above the high of the setup leg and looking for a 38.2% reaction seems reasonable.
Silver XAGUSD Long/Short set upsWe have two Harmonic patterns in the bothe sides of the market which can take advantage of. targets and stop losses calculated accordingly and mus be followed.
the way of trading is putting limit in each place with targeted price and stop loss. once a trade activated, the other one will be invalid.. happy trading.
always secure you profits
Gold Action ReactionThis chart is based on Alan Andrews' Action-Reaction Principle. Price will tend to react up or down on the black diagonal lines. Also significant are the patterns. Notice how the bull market that peaked in 1980 looks very similar to the gold bull market that peaked in 2011. Given where the gold market is in the cycle - with a right shoulder formed - the market could face a long, slow sideways-to-down grind lower in price.
DAX - Ready To Drop?Be careful with this chart.
It's just a projection that lines up very nice with some
of the tools i use in my Analysis.
Alltough i don't use hte Fibs, i was just courious how it could
fit the highs & lows and well, i'm surpriesed so far.
Pay close attention to the A/R Set and the projection (grey bars).
It looks very promising. But keep in mind that this is just a
projection, even if is one made with specific thougts - AR thinking.
P!
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DXY approaching a critical area of resistance also 0.236% fib.The Dollar Index (DXY) is close to a zone of resistance around 92.88 which is also 0.236% fib. Is in this area that I am waiting for a long time to reach and we might see a short to medium term correction or even reverse if the greenback shows some worrying signs.