PGTrades

PGTrades

Nice oil short opportunity looks weak on the daily 1:4R Wide stop loss, swing trade

PGTrades

Shorting USDJPY 1:4R DXY is ready for a dump imo, red folder news later today I'm hoping will be the catalyst. Still holding AUDUSD long

PGTrades

Been waiting a while to take this trade, if it plays I am going to abuse it and continually add entries incrementally. I believe we should be going into long swing reversal here I dont imagine the 0.6200 level will be breached significantly & I'm looking for a move back towards the 0.6600 areas. Stop loss and TP are indicated on chart, but again I plan to run...

PGTrades Updated 

Re-entering DOW short as explained on the last entry I was cautious of the DXY crashing through 104.00 and going for a liquidity sweep of 103.800 level & it done exactly that, which invalidated the last entry... not a problem as simply gives me a more premium price for second entry as bias remains the same...the market is overcooked in general I can see dollar...

PGTrades Updated 

Taking a long position on gold after harsh retracement, I was expecting 2390 zone to form a strong support as we have broken through last night now came into my next support zone 2360 area flashed just outside the liquidity box & I am taking my entry. Gold is extremely volatile just now, Im hoping it works out in my favour sharp down should = sharp up usually an...

PGTrades Updated 

Reversal trade back to previous entry zone & major support @2390 Is possible middle east tension sends gold new ATH if they escalate badly during trade which would invalidate this trade but we look for higher entry, should see gold range in this area for the next few months 1:6R using 1% risk

PGTrades

To accompany my other BTCUSD position Another swing reversal trade going off middle east tensions likely sending gold to test ATH area which should in turn recover BTC & stocks at least in the short term back to test last weeks high Using 1% risk trade is 1:4.5R

PGTrades

Next position is a swing reversal trade on BTC I'm confident middle east tensions will return Gold to test ATH area which should bring BTC & stocks back up using 1% risk trade is 1:6.3R

PGTrades

Another swing trade setup for you guys Great level for long entry, we have seen a drastic liquidity sweep a lot of stop losses hit from early buyers, sellers from @0.6800 area will be looking to take profits. I can see a range between 0.6800 to 0.65800 playing out. Huge order blocks here. Gold & Stocks sitting low with dollar starting to get exhausted,...

PGTrades Updated 

I believe in the coming few years the peso will go back to $18 Will be consistently looking to long USDMXN Interest rates of the peso will be reduced, albeit slowly. I think trump will be back in office which will affect the peso significantly. Price action wise 16.4 looks like a favourable entry from previous respect of this level on higher timeframe. 0.5%-1% risk

PGTrades Updated 

DOW has stretched out hard the past couple days looking for a strong retracement back to a key level 39700 strong buy order block. DXY appears to be finding support although it may crash through 104.00 to target 103.800 liquidity which may invalidate this trade so use proper risk management we are trading against the momentum here looking for swing reversal. 1%...

PGTrades

Taking short position on NIKKEI 1% risk 1:5r Reason for trade is we may see the JPY basket start to bottom out and retrace currently in extremely oversold and undervalued conditions. JPY pairs looking like they could recover a lot I see the NIKKEI as overvalued because of the yen bleeding so much this year its a false evaluation of the price, has been drawn up...

PGTrades

Taking a low risk sell position on silver looking for a return back to last weeks lows 29.300 area, I believe gold is also sells from 2363 back to 2330 area which will assist this trade. Likely to see both gold and silver stay in its current range for the next few weeks take advantage of these swings. DXY sitting nicely at 105 flat, crypto market bleeding,...

PGTrades

Here is something to take a look at regarding NatGas. It appears to follow this 4 year cycle pattern pretty well, every 4 years since 2012 we have seen price go up for 2 years then down for 2 years & recycle. I was very confident about buying NatGas around 1.60-1.80 as this area appears to be where the cycle starts, now we have already had those prices this...

PGTrades Updated 

Great entry opportunity at a discounted ETH just before the ETF inflows come into play. I believe price is sitting in a prime area for buys, probably drawn down for the purpose of discounting new investors. Most ETH holders are long term, for the speculators I see a lot of short sellers taking profits in this area BTCUSD has major support on 57.5k I'm confident...

PGTrades

Here I am re-entering GJ short, very surprised how quickly the last entry was decimated, quite frankly a whole pound movement in that short space of time last night at these high prices makes me even more biased towards a harsh drop incoming - meaning Monday morning was a liquidity sweep. Recently the market has being moving in a dirty, stop loss hunter way, a...

PGTrades Updated 

Taking short position off 203.500 strong resistance level I am short biased towards GBPUSD so my chosen instrument to long the yen this week is GJ If the dollar can regain momentum a harsh GBPUSD drop will help this trade always dependant on the strength USDJPY has also comfortable price to take a short position, risking 1% on this trade 1:3R this is a price...

PGTrades Updated 

Looking to repeat the same trade taken a couple weeks ago, crypto likes to go green on the weekends this is due to there being no other markets available to trade & here we have ETH sat on a major support level 3370 if you look back couple weeks ago youll see the same position run successfully from this price level. I am expecting before market close today more...