BITCOIN: BTCUSD Still going strong: raise long stops now BITCOIN: BTCUSD Still positive whilst tracking within the parallels. Raise long stops as per comment
Still
DXY: Holding up so far and should rally one more timeDXY Dollar Index holding up so far but it still looks like a continuation pattern and that holds whilst unable to break above 97.75. But there's a little uptrend off the lows and it should work on this, the 4th strike, creating another little rally...still cannot do much other than play between the lines at moment, but next move is building, as per comment
TESLA; TSLA short update: Going well, so farTesla: If you're not short already try to get short on any attempted rally - two gaps down now and looking terrible, technically - and that's what counts!
DXY Dollar Index - stay short $ whilst trapped within parallelsDXY: Dollar Index update: still bearish whilst trapped within the parallels (check 1 minute chart and draw in the parallels off the lows)
Nasdaq: Still positive whilst tracking within parallelsNasdaq 100 Index: Nasdaq has come back within the original impulse wave that's been driving it upwards since mid April and remains positive whilst tracking within the parallels. But that's no reason to get complacent here.
S and P 500 Update:a buy on weakness back to 2394-0 S and P 500 Despite it's reluctance to join in the Euro party this index still has a positive chart. Only a break below 2377 would change the near term outloook to bearish
FACEBOOK: Still vulnerable whilst unable to reclaim /hold 151.55FACEBOOK: This stock is still vulnerable to further near term selling pressure whilst unable to trade back above 151.55 and hold there.
USOIL: WTI should fall away to 45, then 44.52 over next few daysUSOIL: WTI has broken down recently and remains under presssure whilst unable to trade back above 46.8-47-0. It should fall away to 45 and then, after a bounce, to 44.5
Nasdaq 100 Index still positive whilst within the parallels Nasdaq 100 index is still very positive whilst within the parallels that govern the current impulse wave. If there's going to be a problem it lies 1% higher from here, as the Nasdaq Composite index reaches 6150. The composite index will need to break through it's restraining long term resistance line at this level for the Nasdaq 100's rally to remain unimpeded in the nearer term. Suggest going flat again as these levels are tested on the Composite index just in case this powerful line of resistance stops the rally dead in its racks for a while.
And then if this line is broken on the upside we have powerful confirmation that this rally is close to unstoppable (for now at least) and we go long again. That way we trap in almost all profits on this trade, whichever way it turns when we reach 6150 on Composite.
AUDUSDI did the measurements very fast for the bullish bat very fast in beginning but here is the real spike of the market makers ....... have great pips all
X- Speculative Call option trade as it forming a Flag formationX seems forming a possible Flag formation, clearly seen in weekly chart. It also shows a small downward channel. At the breakout it can go up to 55 area, and to catch the gain we would consider $33 March Calls.
Trade Criteria
Date first found- January 25, 2017
Entry Target Criteria- Speculative entry point at current price, confirmation at the Break of channel ($36.67)
Exit Target Criteria- First target $45, Second target $55
Option- $33 March-17 Calls, currently $3.10/3.15
Stop Loss Criteria- N/A
(Note: Trade update is delayed here.)
Last week's Bulls // Still in Success!Hi! Last week we had a major success when trading the Price Action on EURUSD when bulls (longs) continued until the big drop on 8:32 AM US time on Friday, and continued longs until last week. Usually, there will be a gap down on market opening in 6 hours but I prefer to wait a few hours to post the best opportunities, usually after 6-8 hours of market opening.
Stay tuned for an opportunity! I won't disappoint you.
USIM5 closing triangle patternLets test the power of chats... I bet there will be a good buy around 3,50 and 3,40 in the next few day... Keep Following ...
At Market Cypher! USDJPY 4HHey traders,
USDJPY 4H has just put in a nice Cypher pattern. I was actually involved in this last night when the 0.786 retracement of X-C was hit, however this morning it has pushed slightly lower and is still valid. As a result, you're getting a better Risk Reward on this pattern.
Will be looking for the usual double target positions and rolling the stops from the first position to break even once target one is hit.
Keep an eye on this one!
Fibsii Team
AUDUSD DAILY COULD GO EITHER WAY KEEP AN EYE ON ITHowdy,
This could go either way so worth keeping an eye on this pair as today's candle has not finished yet
We have as you can see resistance but that could break through and retest as new support to go higher or create a new lower low.
As always any feedback welcome good or bad.....still learning before I go LIVE
EUROUSD ON THE DAILY LONGHello again,
Here is my analysis on this pair again I am still learning to we shall how this plays out when some news/information is released over the next couple of days as the dollar could get weaker.
As always I welcome feedback good or bad to help me with my trading journey before going LIVE
EURUSD MAYBE LONG ON THE DAILY (NO TRADE TAKEN)Hello again,
Just doing some more analysis on another pair, this is what I think may happen as the FED will be increase their information on whether to keep or change interest rate in the next couple of days which may weaken the dollar.
Again I welcome any feedback good or bad as mentioned I am only testing my knowledge before I go LIVE trading.
