Looking for a W pattern and looking for a bullish breakout to 1800 levels for TP.
Hi, trading view community, i would prefer a short in USDJPY as shown in the chart. Levels are drawn. Target for TP is actually the 50% level for now. We might be struck by spikes in upwards movements before actually heading down to 50% level. Stay safe. (Alternate Trade idea) Go into smaller time frame and do shorting when you opportunities.
Chill and relax, let's watch what happens to that green dashed lines. We will have an answer soon in 1 to 2 days time.
"In order to prepare for the potential volatility ahead, Ms. Xu recommends investors buy VIX call spreads, an options strategy that involves purchasing call options at a specific strike price while also selling the same number of calls with the same expiration but at a higher strike — the level at which the contracts can be exercised." FROM WSJ on.wsj.com What...
For Gold Daily I see attempts to burst further up. On higher time frames we are caught in downtrend. In order for me to trade on gold, I would like to see prices going above white line ( 90EMA) once more to show that it's really interested in moving up before I do a buy. We wait a little longer to see if prices perform this : Sell if a full negative candle is...
AUDUSD shows a weekly closing below the EMA-9. A short is preferred. Go to lower time frames find chances and short this pair. A 300PIPS down is possible. Try to aim 0.6660 as target.
As you can see on the weekly chart, price is rather stagnant and show no real commitment to either a up push or down push. Just stay out for the time being and observe it. If it's staying still we stay out of this pair till it shows it's tail.
Hi, please find my thoughts on doing reversal trades. This is the pattern that i am looking for when doing reversals!
Technical Review of EURUSD. This is a new chart template. It's nothing more than just Bollinger band of value 50 using median prices. Right now we are on downtrend, as it's staying on the lower portion. However I hold a bullish view on this pair. NO positions are opened yet but if a long position is opened we should aim the 50% level which is the first Take...
I am attempting a bullish divergence on this EUR/NZD pair. buy market price and take profit at the open of the recent long bear candle.
This is my chart settings that will be used to determine my entry points. I will be using 4 EMAs. the values are 10 EMA (high) , 10 EMA ( Low), 50 EMA (High) and 50 EMA (Low). I have included one CCI value 13 with typical price settings ( HLC). The moving averages will help me to determine trends and the CCI will improve the probability of my long/short...