Trade Idea: Selling SPX500USD (S&P500) Reasoning: Price action stalled and reversed sharply from 61.8% Fibonacci (4194-3807). Price below the psychological 4000 level and stalled in front of 38.2% Fib (4043-3936). Bearish outside day expected to lead to further losses. Entry Level: 3967.5 Take Profit Level: 3876.1 Stop Loss: 3996 Risk/Reward: 3.2:1 Disclaimer –...
Good morning and welcome to episode 810 of ‘Talking Bull’. Latest headlines today, Risk appetite strengthens, Mixed US data, German data disappoints, Canada inflation declines but UK inflation defies expectation, Big Fed decision Wednesday.
Trade Idea: Buying Gold (XAUUSD) Reasoning: Price action broke lower and stalled at previous resistance (now support). Potential double bottom on hourly chart. Entry Level: 1944.305 Take Profit Level: 1968.000 Stop Loss: 1933.680 Risk/Reward: 2.23:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and...
Good morning and welcome to episode 809 of ‘Talking Bull’. Here are the latest headlines today, Risk conditions continue to dominate Global equities rally Swiss franc loses ground Markets on alert for Fed leak RBA considers rate pause UK government borrow
Trade Idea: Selling XAUUSD (GOLD) Reasoning: Price action has stalled and reversed posting a doji (Sign of indecision after rally). Safe haven rally stalling after banking sector recovers. Potential for a evening doji star reversal and possible head & shoulders forming on hourly chart. Entry Level: 1966.812 Take Profit Level: 1940.000 Stop Loss:...
Good morning and welcome to episode 808 of ‘Talking Bull’. Here are the latest headlines today,
Trade Idea: Selling WTICOUSD Reasoning: Broken long term horizontal support. Continued negative momentum. Targeting next support near $62. Entry Level: 64.434 Take Profit Level: 62.50 Stop Loss: 65.30 Risk/Reward: 2.23:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high...
Trade Idea: Selling GBPJPY Reasoning: Medium term downtrend stalling in Ichimoku Cloud. Potential double top on short term chart. Entry Level: 161.835 Take Profit Level: 160.600 Stop Loss: 162.400 Risk/Reward: 2.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Trade Idea: Selling EURJPY Reasoning: Evening star formation (combined) posted on weekly chart. Daily price action breaks below Ichimoku cloud. Intraday charts forming a bearish pennant. Entry Level: 141.085 Take Profit Level: 138.257 Stop Loss: 1.41780 Risk/Reward: 4:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading...
Trade Idea: Buying USDCAD Reasoning: Selloff has stalled. Higher low has formed exposing a potential double bottom. Attempting to break the downward trending and hourly horizontal resistance now. Entry Level: 1.37023 Take Profit Level: 1.38200 Stop Loss: 1.36500 Risk/Reward: 2.25:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for...
Trade Idea: Selling Gold (XAUUSD) Reasoning: Potential double top formation after price action stalls at resistance. Evening hammer formation confirmed. Entry Level: 1904.467 Take Profit Level: 1876.000 Stop Loss: 1915.000 Risk/Reward: 2.7:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There...
Trade Idea: Buying XAUUSD (Gold) Reasoning: Bullish flag/pennant forming on hourly. Double bottom measured move target at 1915 Entry Level: 1879 Take Profit Level: 1913 Stop Loss: 1868 Risk/Reward: 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...
Trade Idea: Buying Gold (XAUUSD) Reasoning: Morning doji star on the daily chart and double bottom formed on the hourly chart. Entry Level: 1834.415 Take Profit Level: 1857.000 Stop Loss: 1824.000 Risk/Reward: 2.17:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Trade Idea: Buying USDCHF Reasoning: Found support at a 50% Fibonacci level Entry Level: 0.9315 Take Profit Level: 0.9417 Stop Loss: 0.9277 Risk/Reward: 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 technical...
Trade Idea: Selling EURNZD Reasoning: EURNZD Stalling at 78.6% Fibonacci level. Entry Level : 1.7238 Take Profit Level: 1.7014 Stop Loss: 1.7309 Risk/Reward: 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 technical...
Trade Idea: Selling EU50EUR Reasoning: Potential 5th wave completion in daily and 4hr charts. Price action stalled at Ichimoku Cloud (Hourly). News sentiment turning negative. Entry Level: 4272 Take Profit Level: 4180 Stop Loss: 4303 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and...
Trade Idea: Buying SPX500USD Reasoning: Reversal on 4-hour timeframe. Weekly support holding. Double bottom forming on hourly chart. Entry Level: 3991.5 Take Profit Level: 4050.0 Stop Loss: 3975.0 Risk/Reward: 3.55:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
Trade Idea: Buying XAUUSD (Gold) Reasoning: 5th and final wave in the impulsive move higher on daily chart. Broken above Ichimoku cloud on 4hr chart as the inverse head & shoulders neckline was re-tested. ABC formation complete on 1hr chart. Entry Level: 1847.5 Take Profit Level: 1880.0 Stop Loss: 1837.0 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be...