GBPNZD momentum looks bearish after a leg up, with price breaking the first MA. Use a break of support as confirmation for a short trade targeting key fib levels. TP 1: 2.01550 TP 2: 2.00590 TP 3: 1.99900 SL 1: 2.03480 SL 2: 2.04444
Gold has just broken above tight consolidation on strong candles. We expect a pullback to retest the breakout point before it continues higher. Long entry: 1208 - 1209 TP 1: 1215 TP 2: 1222 TP 3: 1238 SL 1: 1204.00 SL 2: 1189.50 SL 3: 1183.00
BITFINEX:BTCUSD is ready to rip. Analysis Method: Fibonacci + Elliot Wave Review: BTC has been in a bear market for 293 days since reaching an all-time high in December 2017. The correction was irregular and complex. Wave A came down in 3 sub-waves and Wave B went above Wave 5. Then, Wave C came down in 5 sub-waves to $6,000. Next, we had a quick 3 sub-wave...
Following only the calls on my LZD system since Feb and reinvesting the profit into a new position on the close/open opposite position calls, you could have turned 10,000 into 23,432 (minus fees on 14 total trades). Without compounding profit you would still have 74% profit on your total position. It has some bad calls and the largest loss was two 12% losses in a...
BITFINEX:ETHUSD has bottomed and is building support to go higher. We are now beginning Primary Wave 1. ETH has been in a bear market correction since reaching highs in January 2018. ETH bottomed at approx. $167.00. Primary Wave 1 has completed sub-waves 1, 2, 3, and the 4th is ending now. Primary Wave 1 appears to be making a leading Diagonal Triangle....
USDCAD has broken above a pennant on a strong candle. We expect price to retest breakout/support, and will look to enter long if it holds. TP 1: 1.30750 TP 2: 1.31000 TP 3: 1.31500 SL: 1.29980
I will close my short at .618 - .61 Golden pocket region. Possibly price will break the support and go down below to 200 EMA which is 0.42 Cents. But I expect a little bounce from .44 support so I will enter a short after.
Chart is self explanatory. I recommend laddering your entries up on the subwaves. Use SL and Don't spend all of your money in one entry.
movements for EURUSD, continuation of a new bullish structure, hope to break the resistance and test it as a floor and enter into a purchase, if it breaks the support we look for the sale
possible movements of USDCAD, wait back to the past resistance, double ceiling and 61%, good purchase option, if it breaks we wait for the sale entry
New entry, TP, and SL Day trade #1 Short Daily results thus far: 0R I am testing a strategy (revised version of the previous one) and will be posting All trades taken with it here. These trades are in not influenced by my other positions and typically stay open less than 24hrs. This is research and the strategy may change. These are actual trades I...
USDCHF is nearing major resistance and the RSI is cooling off from a big run. If prices can reach resistance in the near-term there shouldn't be enough momentum to push through, enabling a good risk:reward corrective short trade. Pending Short @ 0.99762 TP 1: 0.9932 TP 2: 0.9907 SL: 0.9992
EURAUD looks overextended with a double top + RSI divergence. We expect price to revert towards the supportive trendline, with a test of closest support first. TP 1: 1.61550 TP 2: 1.60550 SL 1: 1.62520 SL 2: 1.63510
GBPJPY is consolidating in a tight range on the H4 after breaking above its downtrend channel. A breakout above the tight consolidation range may see price rocket towards next major resistance, whereas a break below will have a shorter fall where consolidation is expected to commence again.
Doji forming to mark potential start of a corrective move up as price has extended down fast and hit support level TP 1: 0.87700 TP 2: 0.88240 SL 1: 0.87250 SL 2: 0.86950
We advise traders to accumulate OMG/BTC as it has recently tested its low from Dec '17. Our plan is as following: Accumulation zone: 0.000480 - 0.000550 Sell zone: 0.000694, 0.000798, 0.000920 We wouldn't be worried as long as the pair manages to stay above 0.000450
Double celling resistance break, now being floor, posile change of direction, use risk management !!