Long term outlook very bleak for the once relatively strong AUD. It's been a tough two years on the Australian currency. With a very wobbly gold price dictating the nerves and a phenomenally crucial period of USD relative strength the AUD is suffering without a doubt. Using a simple fib based regression trend analysis along with a modified pitchfork that ties...
Check out this Elliot Wave driven technical analysis punt from me. Gold has a lovely growing rolling pyramid structure that is generated mostly through particular price and event patterns. Simple LONG hold here. Buy big or go home. Hold long or mess about stepping in and out. Easy profitable trade IMO.
So USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario. Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600 Time duration of the trade I would expect to be no longer than two weeks at most....
A nice profitable LONG short term set of scalps now accomplished, it's time to start shorting the bitch. End of the day with a daily range of nasty events and a growing instability for commerce, international relations, migration and future trade deals it's very simple to my eyes that we will be falling off further until we see some monster changes. Best...
Simple scalping should work best in current market conditions. EURUSD specifically due to the current political and economic climate is set to have the largest opportunities for short term scalping from all major asset pairs. If you are tired of not gaining the results you need get in touch - Investment management for profit is what we do.
Perhaps its the Pokemon fever in the air, nostalgia of Mario kart afternoons.... It's time for some Mario style step ups Whatever you trade, trade it with confidence and a total focus. Learn from the wins and losses. Learn from others. Be sinsible and disciplined. But..... Don't forget to create a little also. Think outside the box without fear of seeming...
We all would love to be able to call the top. I have been burnt to the tune of 25k or so the last few days trying to short a "top". Fact is after much further chatting and some back to basics trend analysis over the Long Mid and Short term as of right here and now today the signals are strong bullish and for LONG. So that is what I am doing. Hoping for this...
Full stop on shorts! We are going back LONG for now
Monthly view with my latest chart here. Expecting some general ribbons of price waves to come - I also plan to ride them short for profit along the way!
What a journey!!! I have sweated and bled trading up the levels on the SPX500 in recent weeks. Fortunately my personal view and analysis set me up for the strongest positions possible. Taking long profits all the way to 2140 but that is where I am drawing theline. Could we have a further higher level of historical price? Yes. Can I tell the future? No. Please...
The central prcie sector as forseen on my previous analysis for SPX500 should have netted you guys some serious profits by now. SO here is my next opinion..... We will see most likely a newish all time historical price at the top, then a drop down back into no mans land. From there I hope along I'm sure with many other short position CFD traders is that we...
So in my humble opinion we have a clear head and shoulders pattern, along with Fib match up to coincide with the NFP report today. Right now I am managing a good client out of an aweful hedge and so this is very crucial for me. The price simply must get up to the target sell level so that I can smash from the top and hit down to close out the bad side of the...
Handling a very tricky case. An account handed over that was on the verge of losing just about 500k GBP. The unwind is tricky and stressful, very much dependent on the price touching up to 2120 and beyond. Here is the chart with a clear head and shoulder pattern supported by waves Fib and MACD