Michelok

Michelok May 1, 2018

I dont trade Real estate but i would if my trade/platform would give the chance. A nice short seems to be presenting here. Entry below Heikin ashi doji en stop above it. TP below in range. Move SL at own discretion, but not to tight.

Michelok Dec 31, 2016

Doing my analysis, this huge squeeze (turnaround pattern) of SP500 caught my eye and makes me wonder if 2017 will be another endgame year in indices. Watch it, if your heavy in stocks i would say!

Michelok Dec 22, 2016

What will the dollar do next? DXY tells me it can go down soon. Doji atm. And at key resistance! Markets are in bearsleep atm because of holiday though. Dont watch in the bearcave when it awakes :).

Michelok Dec 20, 2016

Looks steady for another run!

Michelok Dec 19, 2016

USD looks powerfull atm. GBPUSD has a nice gap so i see a change here :) 1:2.

Michelok Updated  Dec 17, 2016

Breakout time short!?

Michelok Updated  Dec 12, 2016

Looking at the past, this NZD CAD pair might go south. Seen the bullish look on oil this seems also a logical route (CAD is closely related to oil prices).

Michelok Dec 8, 2016

EUR GBP seems to be carving a nice pattern. It has already 2 touches on this pattern, So a third on the upside might me expected on midlong-term. I enter on 60m if it pushes to a higher level.

Michelok Updated  Dec 7, 2016

Although we dont know what USD will do, there are some clues in NZDUSD from technical point of view. A nice H&S formed so an opportunity might be close. First to green line and hopefully it goes from there like a knive to butter.

Michelok Updated  Dec 7, 2016

Some divergence occuring in MACD on 60 minute. Looks Numb as well. Maybe nice to try catch a quick move soon!

Michelok Dec 2, 2016

Oil is imo in a critical position. Maybe it breaks its pattern and goes for it in the bigger frame. Anway nice H&S bottom has formed. Possible entries from 60m which would make a huge return if the ride goes strong!

Michelok Updated  Nov 28, 2016

Morning, EUR USD might be back in the game if Dollar run turns to be a fake-out once more :). So i am looking for a trade like this. We know soon what will be the case.

Michelok Nov 25, 2016

Since CAD pairs are getting stronger over the board and USD might be in a fake run. I guess USD CAD short might be a good candidate to watch. Entry on 60m might be a good idea. On this daily chart you find the possible Longteerm trajectory. I would also say it looks like a H&S pattern ;- I would not be surprised if oil start a new run up as well, which coincides...

Michelok Updated  Nov 25, 2016

I feel weakness. Lets hope it goes down soon :)

Michelok Updated  Nov 23, 2016

Gold is morphing in a nice trading range. It also overbought on many timeframes. So hereby a nice trade idea ;).

Michelok Nov 23, 2016

EURAUD looks good if it bounces on the trendline imo. Quite oversold so i placed entry order surpassed latest high on 15m. Take Profit at next resistance of high on 60, or look what happens there and trail your stop at logical points

Michelok Updated  Nov 22, 2016

GBP JPY looks oversold and shows divergence in MACD. So i entered as pictured.

Michelok Updated  Jul 10, 2016

Following the main downtrend and the obvious divergence in macd, it seems a matter of (not so much) time before oil proceeds with a run further down in my modest opinion. What do you think?