BrokeButBold

BrokeButBold Updated 

1. Gold Making One of My Go to Long pattern this time. 2. Also Bullish Butterfly. 3. At Almost lower channel line. 4. Great RSI for Long Trade. 5. Manufacturing Data Came Today, Worst in almost 6 years. 6. Employment Data this Week. could be a similar story and also ECB Press Conference. 7. USDollar getting week on chart everyday. Gold & Silver Could be a good...

BrokeButBold

1- SPX500 and DJ30 Both Making 3rd Mountain on Daily Charts. 2- RSI Getting Extremely negative on all Intervals. 3- High Volume on Supply Days. 4- Interest Rate Decision - (If Rises then will eat half QE3, If remains same then will make Concerns about Recovery) 5- Manufacturing Hits 6 Year Low. 6- India's Nifty Index Already at 24-Aug level (One of Strongest...

BrokeButBold Updated 

1. Nifty Has been Making 1-0-0.618-1.414 pattern for last 7 months, Check chart. 2. Head And Shoulder Pattern in the Making. 3. Will Look For 8050, 8120 as Short Opportunity for 7300 as target..

BrokeButBold Updated 

1- US Dollar is at 127 Extension from where it started falling in August. 2- Bearish Butterfly Pattern in the Making.. 3- Overbought in RSI 4- Bearish Divergence in Monthly Chart 5- ECB President Speech on Nov 11, will hint at QE, which is already discounted in Euro. 6- Rising on the Hint of Rate Hike, which won't happen

BrokeButBold Updated 

1- EURUSD is at 127 Extension from where it started Rising in August. 2- Bullish Butterfly Pattern in the Making.. 3- Oversold in Daily RSI 4- Bullish Divergence in Monthly Chart 5- ECB President Speech on Nov 11, will hint at QE, which is already discounted. 6- Falling on the Hint of Rate Hike by FED, which won't happen.

BrokeButBold Updated 

1. On Weekly Charts Gold is Looking Bullish, It is Making Cypher Pattern in weekly charts. 2. FED Meeting in December and FED said "Still Open about December Rate Hike", which is built pressure. 3. Several Economic Data's this week. 4. Waiting for $1095 to go Long for Targets of $1220. 5. Might Start Rising after 15-Nov if reaches Level.

BrokeButBold Updated 

Crude Oil is looking bullish, just technical study no fundamentals analysed for this trade...... its making one of my go to long patterns, if closes like this or above this level....

BrokeButBold Updated 

1.Gold is Looking Bullish , It Completed Cypher Pattern. 2.Higher lows in RSI. 3. FED Meeting in December and FED said "Still Open about December Rate Hike", which has built pressure. 4. Job Data's this week. 5.Can go Long for Initial Target of $1150 . 6- Near Stops so Good R/R...

BrokeButBold

1. Bat Pattern completed on 3-Nov, Went Down After that but again bounced back. 2. Bearish Divergence in Daily, Weekly and Monthly Charts. 3. FED meeting in December, Consumer Confidence & GDP Data on 24-Nov Employment on 4 Dec, Stocks tend to fall 20 days Prior to FED meeting (Just an Observation). Scenario 1 - S&P will hit 20 Degree Slope @ 2100 and...

BrokeButBold

1- Winter Season Started will effect the demand. 2- Inventories are falling below 5 Yr Average. 3- About to go up if Mirror Image Completes in the Weekly Chart. 4- RSI Making Higher Lows on Every Downfall. 5- Major Reversal pattern on the Bottom. 6- Dollar Index Showing a Downside... Can trade Buy Side with Stops below Previous Lows for Next Year.