THIS LOOKS LIKE A VERY VALID CHANNEL, PRICE TESTED MY SUPPORT TRENDLINE MULTPLE TIMES SHOWING US A VERY STRONG SUPPORT, WE LOOKING TO GO LONG WITH STRONG BUYING PRESSURE ON OUR HIGHER LOW THE RECENTLY TESTED PRICE. IN THE FUNDEMENTALS THE DOLLAR LOOKS VERY WEAK. USE PROPER RISK MANAGEMENT, MANGE YOUR TRADES RESPONSIBLY.
NOTHING MUCH ON GOLD AM STILL GOING BEARISH WITH GOLD, GOLD SHOWING ME A CLEAR CORRECTION FLAG/EXPANDING PATTERN. WITH THE PROBABLE BEING 90% RULE AND THE POSSIBLE BEING THE FURTHER DOWNSIDE OF GOLD BREAKING THE LOWER LOW. GO EASY ON GOLD. PROPER RISK MANAGEMENT.
BEEN HOLDING THIS FOR 3 DAYS NOW, LOOKS LIKE IS PLAYING OUT VERY WELL, RISING CHANNEL, USE PROPER RISK MANAGEMENT.
NO ENTRY AT THE MOMENT. USDJPY IS UNDECIDED AS WE ALL ARE SEEING A LOT OF SELLING PRESSURE WHEREBY YOU NEED TO BE VERY CAREFUL WHEN YOU WANT TO SELL HERE. HIGHLY RECOMMEND A GOOD ENTRY POINT AT OUR MAJOR LEVEL OF SUPPORT. THERE IS A LOT OF INFLUENCE ON THIS PAIR eg. USelections, stimulus on hold etc... APPLY PROPER RISK MANAGEMENT
WATCH OUT FOR THE NEWS ON THE POUND. OTHERWISE LETS ALLOW THE PRICE TO RESPECT OUR FORMATION
GREAT SET-UP ON NAS100, CUP AND HANDLE FORMATION FORMS, PLENTLY OF REJECTION ON MY KEY LEVEL OF SUPPORT, BUYERS ARE LOOKING TO BUY AT THAT PRICE, PROPER RISK HERE. AS WE ALL KNOW FUNDEMANTALS AND MARKET MOVER/MARKERS ARE GOOD AT HUNTING YOUR SL. DON'T PUT SL TOO TIGHT OR TOO WIDE!
If silver respects our trade set-up we going down to some great pips. XAU also shows a nice correlation on silver too. Be careful use proper risk management risk ratio of 1:3 is recommended.
LATE ENTRYS ARE INVALID MY TRADERS, WIAT FOR A PROPER RETEST, UNLESS THE MARKET DISRESPECTS MY STEP UP, OR THE ELECTIONS MAKES THE UNUSUAL!! IF YOU ARE A RISK TAKER ALSO CHECK THE CURRENCY CORRELATION (EUR/USD) DO YOUR CALCULATIONS
You all know what to do with this.
a beautiful triple bottom on the euro-dollar, Proper risk management, SL 60 PIPS below the key level of support .
What we seeing now is consolidation on this index, a fakeout tricked the sellers, wait for a proper breakout on NAS100 but for now be very steady on buying nas100
GOING AGAINST THE TREND? I DON'T THINK SO, RESPECTED RETEST ON USD/CAD, UNLESS THE NEWS TELL US OTHERWISE. AM LOOKING TO SHORT THE DOLLAR TODAY. proper risk management on this nanny might get very volatile.
BE CAREFUL LOOKS VERY LEGIT. YOU WILL DECIDE WHAT TO DO WITH THAT.
PRETTY MUCH A NICE SET-UP ON USDCHF BUT IN ORDER TO BENEFIT IN IT, I THINK IT WOULD BE BEST TO WAIT FOR A RETEST, CAUSE ITS CURRENTLY RETESTING MY MAJOR LEVEL OF BROKEN SUPPORT TURNED INTO RESISTANCE. AND A FURTHER DOWNSIDE IS LIKELY TO HAPPEN, REASON BEING JOINING THE TREND WITH CLEAR CONFIRMATION.