Dax daily: 25 Jul 2019 Yesterday we had a clear bullish bias as the statistics suggested the retest of previous day high and the gap closure. Both of these statistics were successfully fulfilled and those who took advantage of this might have scored nice profits. The beginning of yesterday's session started with a slight downward move caused by French and German PMI reports, before the price reversed to the upside as expected.
Important zones
Resistance: 12 576, 12 645
Support: 12 437, 12 470
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing the gap is 70%
Macroeconomic releases
13:45 CEST - ECB Main Refinancing Rate
14:30 CEST - ECB Press conference
Today's session hypothesis
Today's open started with a small ascending gap sized 17 points. Once again, this one has a good statistical probability of being closed. We've had two uptrending days in a row and the momentum is weakening. The price is currently at 12 576, which is a resistance level. It will be interesting to see the initial move out of here. Should Dax head even higher, then the next resistance area of our focus is 12 645. On the other hand, if bulls stay calm, we anticipate the slow down in yesterday's range. However, needless to say it's a super Thursday for ECB. The interest rate is expected unchanged and Mario Draghi needs to address some measures with regards to economic stagnation.
Success
WTIUSD is just pushing for upwardsWelcome to everyone!
This is wtiusd analysis.
however price gave us several pull backs in lower time frames to break the supply area thus due to price action it dropped again and now it is coming with more pressure to break the zone. So lets wait.
Long bias right now on wti.
Happay Trading.
Cadjpy strong weekly supply areaWelcome to everyone!
This is cadjpy analysis.
market gave us so many pullbacks to break this area but it couldn't successful. Though it is not reached yet to the projected point because there are few strong points in lower time frames nested in the weekly zone. But hope when market gives another strong move and touches that area then again we may see a good drop.
So lets see what happens next.
enjoy the weekend and Happy Trading.
EURCAD Long BiasWelcome to everyone!
Eurcad is just droping and creating the new supply imbalances in biger time frames. But still there are some chances for retracements. Let it go to down there monthly area of demand which is quite stronger. So we could set our buy limit orders for the future.
Happy Trading.
Gbpnzd Short BiasHello Everyone!
This is GBPNZD weekly short bias analysis.
On left side we have really weak area of previous demand which is circuled. Now price just droping brutually and creating supply imbalances. On lower timeframes we always take trades because price has already gone from the good entry point. Now one should enter with lowertime frames levels. Always trade zone to zone. Let it go to monthly demand area which is rectangled with blue down there.
so short bias on gbpnzd.
Happy Trading.
EURSGD Long BiasWelcome to everyone!
Today is the time of EURSGD.
As we know eursgd just reacted the previous higher timeframe descending trendline and creater new monthly demand imbalance. by using supply and demand method we earn good profit when we follow higher timeframes.
On another side we have monthly supply area up there where market could reach and retrace back for retesting the levels. So right now we are here with long positions.
Enjoy the weekend.
Happy Trading.
EURGBP Short BiasWelcome to everyone!
Today is the EG time.
Euro is just pushing but price action looks really weak and it is hardest thing to break the previous two strong supply areas.
Due to brexit GBP getting weaker day by day so that causes also that price couldn't make any strong move and went for consolidation. So hope after this small consolidation drops would be happend. So just stick with the plan and Control the emotions.
Happy Trading.
CHF/JPY CHART POSITION IF PRICE CAN BROKE THIS LINE (WE ARE IN DOWN TREND CHART) PRICE WILL MOVE FOR LOWER SUPPORTS AND THIS IS GOOD POSITION FOR SHORT, JUST BE AWARE IF YOUR POSITION TOUCH FIRST TAKE PROFIT YOU HAVE 2 CHOICE
1. CLOSE ALL OF YOUR POSITION AND OUT FROM DEAL
2. CLOSE HALF OF YOUR POSITION AND MOVE YOUR STOP LOSS AT ENTRY POINT AND WAIT FOR SECOND TAKE PROFIT.
POST WILL UPDATE...
DXY Short Bias Welcome to everyone.
DXY just reacted lower timeframe H1 supply level. If market breaks H1 level then it will go up there to the Daily supply and we will see the strong drop. So we have to wait for that. If market doesn't break H1 level then it will go slightly down as it is happening now. So the Future drops are just there on Dollar yield.
Happy trading
Stellar Lumens $XLM to the moon, easy and brainless!People who are jumping back into the Coinbase train are going to be looking for a quick jug. XLM is the perfect go to, as we are going to have it rise consistently and people will buy in without knowledge. Buy in large amounts, cash out consistently on the way up. Enjoy. ;)
Target goals
.00003000
.00007500
.00025000
.00050000
.00100000
.00250000
ENJOY THE RIDE FELLAS!!!