TradeWithTheLogic

TradeWithTheLogic

My last analysis didn't work out so well, but now seems to make sense again. When we can conclude that a recession is officially over - when Intel shares start going up ;)

TradeWithTheLogic

I guess coffee must follow EUR/USD with some lag. Everything is lining perfectly . Deep pullbacks are quite possible but the upside looks guaranteed for now.

TradeWithTheLogic

Very high probability buy zone. You can buy now 1/3 size of your position and add 1/3 when it comes above MA20/15M based on candlestick patterns, and then set your stop loss bellow the current low.

TradeWithTheLogic

It looks like so far we saw just the beginning for silver / gold . I keep an eye on silver, it is showing sings of coming breakout. Instead of gold I prefer trading gold mining ETFs to avoid the constant price manipulation.

TradeWithTheLogic

Looks ready for downside

TradeWithTheLogic

Good risk/reward. look for entry on 15 minutes.

TradeWithTheLogic

This is just the analysis, the trading part and strategy is up to you.

TradeWithTheLogic

This is the best short setup for the last couple hundred bars . On 1 H we have three separate reversal patterns exactly at the perfect place. weekly major resistance/top, overextended move. On 1 h stochastic is giving a sell signal. Tight stop, if you want you can place it a few pips above the top.

TradeWithTheLogic

Today the RBNZ announced more stimulus (i.e printing money and bad news) which mysteriously agrees with what looks like an end of a quite dubious uptrend. I wouldn't look for longs until the middle is reached.

TradeWithTheLogic

For now Rally-Base-Rally type of formation looks more probable rather than deeper correction. Enter with pending order above the potential breakout line. Stop could be bellow the 61.8 fib (best) level or on the 15 min minutes bellow the breakout line (optimal) if the pattern is confirmed.

TradeWithTheLogic

It was a big surprise that it was able to reach the top again. But now we can explain that with the overall strength of the EURO so far. Now looks like the Euro will calm down for a while which will be in favor of shorts. From technical standpoint we have all reasons to go short: strong divergence on MACD, far from MA200, and already formed reversal candlestick...

TradeWithTheLogic

Looks like HS on the 4H. Even if it is a tiny HS given it formed so close to the daily resistance level, still can give a big move down towards 1.2800 so it is worth taking. Currently it has formed an engulfing pattern on 1H.

TradeWithTheLogic

Definitely it is time to look for upside. There is very nice setup on 1/4h but also as always there is some possibility for one more down to form a double bottom . On the other hand it looks like the move to the upside has already started and it could be huge. Therefore I define a position size which I will still feel comfortable to trade without stop loss and...

TradeWithTheLogic

Classical setup in line with the overall structure. If the success ratio is 50/50 (actually it is higher) due to the very good R/R will produce very good profits

TradeWithTheLogic

Classical setup in line with the overall structure. If the success ratio is 50/50 (actually it is higher) due to the very good R/R will produce very good profits.

TradeWithTheLogic

Nobody can predict where the price will go from here. so it is not worth trading. until everything starts to make sense again. If it goes up (1) to the top it will be an easy sell, if it moves down due to the strong uptrend we can look buys when stochastic hits oversold (4). If it stays in a correction long enough this will confirm one more big push to the upside...

TradeWithTheLogic

Last week I tried to short it a couple of times but it went against me. I guess now it is quite obvious that it is was well structured for more upside. that does not mean I would have looked for longs rather than I should have been more cautious with the shorts until reaching the top. On EUR/JPY that was clearer so I was able to avoid loses and eventually I had an...

TradeWithTheLogic

Bullishness seems over. Short term looks like it is headed for 6.8500. Medium term 6.7500.