Well - the daily come down, touched the Gann, entered the ZONE and now looks like it might have a little run North. Not sure if it will go to the supply zone? will it hit the 618? or will we see a soft attempt of a retracement? Comments, ideas and discussions welcome! Disclaimer This idea does not constitute as financial advice. It is for educational...
The Gold price is back testing the fib levels - as well as a daily pivot level in line with the .618. Let's see if the dip comes. See the previous idea linked. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup...
Head and shoulders 1Hr timeframe. See other ides for more info (this is an update from mobile device)
with a bounce from the demand zone, respect of both the fib levels and Gann lines. We could see a pullback to the target level, before continuing down. The retail sentiment is down, (suggesting an uptrend in the making) - COT data shows the asset managers long on DXY, the slower moving institutional. But the faster-leveraged funds are moving shorter (not much)....
Daily Supply & Demand Zones - any divergence shaping up? Just assessing key levels. Our indicator on the chart is Mayfair's OBV Divergence, Moving fibs and support/resistance from higher timeframes. Be great to get comments on the coming week's thoughts for this pair. Have a great weekend!
Expecting this pair to fall bearish overall - with 54% of retail traders long. We have just reached the daily supply zone with some exhaustion and already looking for a slight pullback (Daily) then, whilst looking at the DXY, it is starting to form a nice wedge structure between two Gann levels on higher timeframes. We are expecting a little more downside DXY and...
Price will come back to test the supply zone, it's currently sat on a daily Gann level to the downside. Let's see what next week holds. Have a great weekend. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup...
Short position coming on GBPJPY - Hidden bullish called on our indicator, price in a downtrend as a whole and testing the supply zone during this retracement on 4 hr chart. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each...
Potential long position - not yet in this trade, but watching. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared...
Within the supply zone – there is a Pivot S3 level, If the DXY can reach 100.75 level, it would have created a double top within the zone. Pullback to the .618 takes us down to a psychological level of 100 & a further decline to the EMA 200 would be around 99.60 as we stand currently. Disclaimer This idea does not constitute as financial advice. It is for...
Buy and hold. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post...
short setup playing out. Near recent highest - .50 through to .618 zone, may bounce and back down. TP near previous structure. Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold...
Short term trend continuation, unless it breaks the channel. chart a little messier than usual - added Gann, fibs, S&D zones for something else earlier in the week. Interesting to see the key levels mind. Thoughts, comments and ideas always welcome! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our...
X - Marks the spot, interesting crossroads for DXY. Thought, I would share the simplicity of it all. . . . . . . . . . . Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stock, ETF’s and Forex. Hence each trade setup might have different hold times, entry...
A lot of noise on the chart - but what I wanted to do was to show the key areas and zones. Grey lines = Gann daily levels near current price Dotted Lines = Pitchfork channel daily Yellow = Supply Demand zones white solid horizontal lines = Fibonacci levels daily Feel free to comment or ask any questions. - no trade idea, just levels of interest on display. ...
A lot of noise on the chart - but what I wanted to do was to show the key areas and zones. Grey lines = Gann daily levels near current price Yellow = Supply Demand zones white solid horizontal lines = Fibonacci levels daily Feel free to comment or ask any questions. - no trade idea, just levels of interest on display. Disclaimer This idea does not...
A lot of noise on the chart - but what I wanted to do was to show the key areas and zones. Grey lines = Gann daily levels near current price Dotted Lines = Pitchfork channel daily Yellow = Supply Demand zones white solid horizontal lines = Fibonacci levels daily Feel free to comment or ask any questions. - no trade idea, just levels of interest on display. ...
A lot of noise on the chart - but what I wanted to do was to show the key areas and zones. Grey lines = Gann daily levels near current price Dotted Lines = Pitchfork channel daily Yellow = Supply Demand zones white solid horizontal lines = Fibonacci levels daily Feel free to comment or ask any questions. - no trade idea, just levels of interest on display. ...