Trade Idea: Selling SPX500USD Reasoning: Price action broken up from the weekly downward trending channel but stalling with an evening star forming. Bearish engulfing candle on the daily achieves lowest levels since April 10. Entry Level: 4089.6 Take Profit Level: 4062.8 Stop Loss: 4102.2 Risk/Reward: 2.13:1 Disclaimer – Signal Centre. Please be reminded – you...
Trade Idea: Selling SPX500USD Reasoning: Price action stalled at 200-day moving average. Impulsive move high is stalling and potential to target the Weekly gap. Bearish engulfing on the hourly chart. Downward trend resistance held. Entry Level: 4123.2 Take Profit Level: 4095.5 Stop Loss: 4135.6 Risk/Reward: 2.23:1 Disclaimer – Signal Centre. Please be reminded...
Trade Idea: Selling EURJPY Reasoning: Major resistance on the daily chart, swing failure? Entry Level: 147.90 Take Profit Level: 146.41 Stop Loss: 148.66 Risk/Reward: 2.08/1 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...
Good morning and welcome to episode 830 of ‘Talking Bull’. Latest headlines today: Euro-Zone manufacturing still in recession UK services sector strengthens US PMI strengthens Slightly less hawkish Fed BoE’s Ramsden stays hawkish BoJ dovish German IFO
Trade Idea: Selling SPX500USD Reasoning: Potential for an evening doji star on the weekly chart. The bullish channel has broken to the downside on the daily chart. Price action breaking below the 4hr Ichimoku cloud with a downward trending resistance above. Entry Level: 4117.3 Take Profit Level: 4072.3 Stop Loss: 4137.3 Risk/Reward: 2.25:1 Disclaimer – Signal...
Trade Idea: Selling NAS100USD Reasoning: Price action posting hanging man candles on weekly charts. Indecision (dojis) on the daily chart. Breaking through the 4-hr cloud. Support broken on 1hr chart with a bearish outside candle. Entry Level: 13003.3 Take Profit Level: 12847.3 Stop Loss: 13075.0 Risk/Reward: 2.2:1 Disclaimer – Signal Centre. Please be...
Trade Idea: Selling EU50 Reasoning: Major resistance on the weekly chart Entry Level: 4393 Take Profit Level: 4347 Stop Loss: 4412 Risk/Reward: 2.25/1 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 ,...
Good morning and welcome to episode 829 of ‘Talking Bull’. Latest headlines today: Setback for German economic sentiment US building permits dip Bullard stays hawkish Canadian inflation declines UK inflation again higher than expected
Trade Idea: Selling USDCAD Reasoning: Price action stalled at the 200-day moving average and indecision on the daily chart. The evening doji star is forming on the hourly chart, with a 4hr trend (Ichimoku Cloud) moving lower. Entry Level: 1.33991 Take Profit Level: 1.33438 Stop Loss: 1.34232 Risk/Reward: 2.3:1 Disclaimer – Signal Centre. Please be reminded –...
Trade Idea: Selling WTICOUSD Reasoning: Price action stalled at 200-day moving average. Impulsive move high is stalling and potential to target the Weekly gap. Bearish engulfing on the hourly chart. Forming a bearish flag. Entry Level: 81.083 Take Profit Level: 79.483 Stop Loss: 81.483 Risk/Reward: 4:1 Disclaimer – Signal Centre. Please be reminded – you alone...
Trade Idea: Selling Silver Reasoning: Silver topped out in the short term? Entry Level: 25.1428 Take Profit Level: 24.22 Stop Loss: 25.4127 Risk/Reward: 3.5/1 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...
Good morning and welcome to episode 827 of ‘Talking Bull’. Here are the latest headlines today: US retail sales dip Inflation expectations jump Inflation expectations data jolt markets Fed’s Waller stays hawkish Dollar recovers sharply
Trade Idea: Selling NATGAS Reasoning: Price action reacts higher with an overnight gap into resistance. Bearish engulfing candle on 4hr chart. Looking to sell into bounce in line with the overall trend lower. Entry Level: 2.119 Take Profit Level: 1.993 Stop Loss: 2.173 Risk/Reward: 2.33:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible...
Good morning and welcome to episode 826 of ‘Talking Bull’. Here are the latest headlines today, US producer prices decline, Jobless claims edge higher US/German Yield Spread narrow, Dollar slides to 11-month lows, BoE’s Pill sees wages slowdown
Trade Idea: Selling EURNZD Reasoning: Price action broken through support at 1.7590 and now forming a bearish pennant/ flag on 1hr chart. Daily bearish outside candle looks set to dominate Entry Level: 1.75527 Take Profit Level: 1.74314 Stop Loss: 1..76064 Risk/Reward: 2.26:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your...
Trade Idea: Selling EURAUD Reasoning: Major resistance on the daily. Entry Level: 1.63764 Take Profit Level: 1.6226 Stop Loss: 1.6447 Risk/Reward: 2.28/1 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...
Trade Idea: Selling USDJPY Reasoning: Price action stalling at previous highs, posting a bearish outside candle on the daily chart. Potential to form an evening doji star on the daily chart. Bearish outside candles posted on 1hr & 4hr charts. Entry Level: 133.052 Take Profit Level: 132.162 Stop Loss: 133.447 Risk/Reward: 2.18:1 Disclaimer – Signal Centre....
Trade Idea: Selling CHFJPY Reasoning: The extended move higher has stalled at a previous swing high (15/16 Dec) Shooting star posted on 4hr chart with a possible 5th wave completion. Bearish outside candle posted on 1hr chart. Entry Level: 148.13 Take Profit Level: 147.22 Stop Loss: 148.52 Risk/Reward: 2.33:1 Disclaimer – Signal Centre. Please be reminded – you...