FGBL1! trade ideas
The FGBL is getting ready for an uptrend on the 15MAfter several failures on the 30M chart, i switched to the 15M chart and started to see what i couldn't see before. Now at this early time(Opening of the market) as you can see on the bottom of the chart, there is a significant volume that is starting to form declaring a new trend is going to happen(This time it i a bullish trend since the volume bar is green). I am waiting for a confirmation to buy the market and recoup all the previous losses.
A happy winner trade on the 30M chart as predicted!As i mentioned earlier, the market did rally up and created a beautiful winning trade on this great market (FGBL1)...but i am sure, tomorrow early morning by 7:00 the bulls will keep the market till around 177.10 at least!
So, it is better to close the trade now as the market is reaching its closing time and go sleep.
Enjoy :)
The FGBL1 is ranging to get blasted up by tomorrow morning!As i said today, the market is getting ready to go up by early tomorrow by 7:00 and 8:00 morning (European time) as the volume will get higher and higher by that time.
Since we are reaching the market closing at 21:00 there is not any significant volume that can push the market up.
All the best.