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Short-setup

EURUSD ShortFOLLOW ME FOR MORE CHART ANALYSIS AND HELPFUL TRADING TIPS Met MAJOR resistance and fell. Met MINOR support and fell passed it, went up for a last kiss now, a good bet it will keep going down to meet the zones I laid out. P = Profit target. P1, P2, P3. Easy as that. Do not over complicate your charts! Charts follow a pattern of support and resistance! Study your points of exhaustion candles, it will help with spotting reversals. I don't really use indicators.... THEY LAG. Once you know how to draw your lines on a naked chart you will be miles ahead of most.
Short
by alexlat11
Observation idea. For possible Future Short Opportunities. I was able to secure 3 trades last week within this bullish channel. I was able to post an analysis of 2 of the opportunities. So while i am still in a very attentive position with this pair. I will continue. Now, i am out of all positions. As i wait for golds next move. During NFP this Friday. I was able to observe the crash in the dollar, and the lift in XAUUSD price of $19.00. Which is a significant move. FIB Ratio .786 was condemned during this bull run. During my observation at market open. We see a close above structure, and signs of still buyers present. But low volume. Which of course is expected for Sunday- Maybe even Monday. SO THE PLAN. Close above .786 And price action finds support. This pair should have a bullish continuation to 1288.00 or even a retest of 1296 -1300 highs. If this takes place. I am interested in a short from those price ranges if the situation presents its self. (Candle Address) I know for sure 1296-1300 is a strong resistance area. And even 1288 can possibly turn this around. I will be patient and await my opportunities. I find that a long at this price is simply too risky. I could of left my longs from 1262 this week. But that was not part of my plan. Always trade your plan! 1296-1300-Possible Short 1288-Possible Short Check my link related idea from trade i took last week on this pair.
FX:XAUUSDShort
by TiltonKy
DXY: Dollar Index: testing critical support at 97.43DXY: Dollar Index has come back down to retest the recent lows at 97.43 - support extends down to 97.33 - so some kind of a fight should be expected in this range. The pattern is bearish, still (so only a speccy buy for contrarians with a stop just below 97.30) but be aware that a fall below 97.30 will tip DXY into full-on bearish territory again, signalling the next phase of dollar weakness back to 95.93, then, once this fails, to 95.02 (about another 2.5% - same as the last decline). Minor support at 96.90 could trigger a weak rally attempt back up to 97.3 during the early stages of this decline. London's waiting to see if NY steps in here to defend $...if it doesn't ride to the rescue around the open it will show that right now the Dollar hasn't got a friend left in the world...it should start to fall away as quickly as it did on the last decline at that point (barring possibility of a minor bounce at 96.90, as above). Go long Euro on the other side if/when this trade gets triggered (see Euro comment)
TVC:DXYShort
by sumastardon
IDTI - Weak fundamental; Breakdown short from $22.73 to $17.33, IDTI is in our watchlist for quite a while. It has very high price to chase-flow ratio. It also has good insider selling. It seems rolling down & it can be a good short if it breaks down. * Trade Criteria * Date First Found- May 4, 2017 Pattern/Why- Breakdown short; High Price to Cashflow, Insider selling Entry Target Criteria- Break of $22.73 Exit Target Criteria- 1st target $19.13, 2nd Target $17.33 Stop Loss Criteria- $24.13 Please check back for Trade updates. (Note: Trade update is little delayed here.)
IShort
by AcornWealthCorp
CHD- Upward channel breakdown short from $49.32 to $48.25CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $49.32 Exit Target Criteria- $48.25 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:CHDShort
by AcornWealthCorp