Reasoning: Posted consecutive negative candles last week, signifying a potential topping formation. Potential ABC correction on daily chart and evening doji star reversal. Downward trending resistance line at 4341. Morning spike higher running into resistance on the 1hr & 4hr chart Ichimoku cloud. Entry Level: 4299.1 Take Profit Level: 4218.4 Stop Loss:...
Trade Idea: Selling GBPJPY Reasoning: Selling into short term downtrend resistance Entry Level: 170.22 Take Profit Level: 168.02 Stop Loss: 170.74 Risk/Reward: 4.2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Good morning and welcome to episode 846 of ‘Talking Bull’. Here are the latest headlines today, US New York manufacturing index slumps, EU Raises growth forecasts but weak Euro-Zone data, BoE Pill’s inflation warning, UK labour market weaker
Trade Idea: Selling EURAUD Reasoning: • Bearish engulfing dominates on the weekly chart after swing failure • Bearish engulfing posted yesterday • Price action stalling in front of Ichimoku cloud and previous swing high • Evening star forming now! Entry Level: 1.62818 Take Profit Level: 1.62200 Stop Loss: 1.63100 Risk/Reward: 2.2:1 Disclaimer – Signal Centre....
Trade Idea: Selling XAUUSD (Gold) Reasoning: Another Shooting star candle posted on weekly chart. Bearish outside candle dominating daily price action. Break of support on short term has forced prices below the Ichimoku Cloud. Attempto Entry Level: 2018.845 Take Profit Level: 1993.00 Stop Loss: 2030.00 Risk/Reward: 2.32:1 Disclaimer – Signal Centre. Please be...
Trade Idea: Selling EURGBP Reasoning: Selling into horizontal resistance on the daily chart Entry Level: 0.8709 Take Profit Level: 0.8576 Stop Loss: 0.8754 Risk/Reward: 2.9/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
Trade Idea: Selling XAUUSD (Gold) Reasoning: Shooting star candle posted on weekly chart. Bearish outside candle dominating daily price action. Break of support on short term has forced prices below the Ichimoku Cloud. Entry Level: 2011.470 Take Profit Level: 1993.470 Stop Loss: 2017.470 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you...
Reasoning: Posted hanging man candles last week, signifying a potential topping formation. Potential ABC correction on daily chart and evening doji star reversal. Downward trending resistance line at 4341. Morning spike higher running into resistance on the 1hr & 4hr chart Ichimoku cloud. Entry Level: 4332.3 Take Profit Level: 4291.1 Stop Loss:...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.85014 Take Profit Level: 0.8420 Stop Loss: 0.8542 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Good morning and welcome to episode 842 of ‘Talking Bull’. Here are the latest headlines today: US consumer confidence slides Fed’s Williams sticks to the script US yields edge higher ECB talk fails to lift the Euro US inflation data Wednesday
Trade Idea: Selling SPX500USD Reasoning: Hanging man candle posted on weekly chart. Bearish engulfing posted on daily chart. Potential for double top forming. Entry Level: 4127.4 Take Profit Level: 4077.4 Stop Loss: 4147.4 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses....
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.84659 Take Profit Level: 0.8406 Stop Loss: 0.8496 Risk/Reward: 2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling NZDCAD Reasoning: Selling into downtrend resistance on the daily chart Entry Level: 0.8500 Take Profit Level: 0.8405 Stop Loss: 0.8541 Risk/Reward: 2.3/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling Gold Reasoning: Major reversal on the daily. Entry Level: 2034 Take Profit Level: 2003.75 Stop Loss: 2048 Risk/Reward: 2.1/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like...
Good morning and welcome to episode 837 of ‘Talking Bull’. Euro-Zone inflation meets expectations US job openings decline again Risk appetite slides Yen recovers Fed rate hike still expected US data releases also important
Trade Idea: Selling EU50EUR Reasoning: Posted hanging man engulfing candle last week, signifying a key reversal. Potential ABC correction on daily chart and additional hanging man from Friday. Spike higher has been sold into this morning posting a shooting star candle on the 4hr chart at Ichimoku cloud resistance. Entry Level: 4364.3 Take Profit Level: 4315 Stop...
Trade Idea: Selling SPX500USD Reasoning: Price action broken up from the weekly downward trending channel but stalling with an evening star forming. Selling into overnight rally at previous support now becoming resistance. Entry Level: 4074.3 Take Profit Level: 4030.0 Stop Loss: 4094.0 Risk/Reward: 2.35:1 Disclaimer – Signal Centre. Please be reminded – you...
Trade Idea: Selling EURJPY Reasoning: Major resistance on the daily chart, swing failure? Entry Level: 147.616 Take Profit Level: 146.28 Stop Loss: 148.04 Risk/Reward: 3.08/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...