I have a backstory of being wrong, i've lost a lot of money between june and december on SQQQ but lately i predicted the Covid Drop, the "'after bubble" and since then it reminded me my errors were that i was trading SQQQ on a large scale instead of a 15min scale at 15min scale you can always count on it to go back to RSI 60 still when you zoom back, you notice...
1. Wait for breaking parallel channel or resistance line then take long 2. Wait till lower band of parallel channel and then take long Turkey officially declare war against Syria. it could bring chaos to middle east. Russia also is defending Syria. Turkey threatened NATO to support otherwise it would open its borders and free Syrian refugee to flee to EU...
USDTRY could move a tad higher to complete minute wave 3 near 6.1358 before correcting lower. Minute wave 3 is part of minor 3, which is part of intermediate wave 3. The latter has projected target near 7.25 Look for a valid breakout above minor 1 at 6.0373! Should prices move below 5.6343 low bears would gain more control? Early invalidation signals near...
Just look the chart Simple and clear technical issues
USDCAD entered shot-term downtrend which is part of medium-term downtrend. I really like to play that kind of situations, because I know, that I have bigger chance of winning at that trade and even if I made wrong decision at shor-term trend analysis, I sometimes would be able to exit position with profit. I guess we are somewhere at the 1/3 of short-term...
Price reached my pending short order and has been activated at 1.2400. Price has already begun heading south from the Daily and Weekly Supply zone. Expecting price to continue falling; targeting the 1.2240 area right before the Daily Demand zone below.
The CRUDEOIL price broke through several trends (long-term and short-term) The political situation between Russia, US, Syria etc tend to war which could have an bullish effect on the price... What are your opinions?
Market is on hold awaiting whatever events occur in Syria, muted rally indicative it will soon fissile..
I think there is a fair chance that oil breaks out, maybe due to fears of war in the Middle East? Maybe due to OPEC extending production cuts, or maybe a bit of both, paired with Trump's comments of wanting a weaker dollar. I think energy positions are a good hold, and even a good chance to add to many, like $OXY, $PBR, $MPC, $PBF, to name a few. Keep an eye out...
holding a short @0.7540 and shorting again @0.7501 tp@0.734 range for daily support . If wrong ill break even SL@0.752 but if right then nice gain on the Short. Usd has been strong so looking to short everything against usd which makes me think the Bears will break Support and become Resistance . Trading support & resistance would make u want to Go long but i dont...
The folks at Tradingview recommended using a catchy title. If the end of the world doesn't catch your attention then probably nothing will. This end of the world is probably not as endy as, say, Y2K where the only safe place to be was on top of the active volcano Mt. Shasta. It's just the end of the road for Deutsche Bank and the current basket of currencies...