Tradeofgrey

Tradeofgrey

US30 broke a very strong resistance area last week of 34620 and managed to close above it and now going towards the next area of resistance at 34831. A fail to break out of 34831 will see price coming back to previous key level of 34620 and closing below this will see this as a fake break out causing price to come down further breaking the trend line and and going...

Tradeofgrey

After an amazing run on nasdaq last week, im excepting to see some pullbacks to 13635 to retest the trend that was broken. We may see some buys breaking through the 13786 before come down to retest 13635 so be careful entering in buys in awkward areas. After we do get the retest of 13635, nasdaq will continue breaking 13978, going to the next area of resistance...

Tradeofgrey

Nasdaq is still consolidating and right now it looks like it will break down. If it does break down it will come to 13530-13392 before continuing back up. However if the market does break up we need a break of the trend line for the bulls to continue. For the bulls first target will be 13823-13929. A break of these areas will break through our trend line taking us...

Tradeofgrey

a nice break on the EURGBP.

Tradeofgrey Updated 

NZDCHF SELL execution @0.65357 SL:0.65508 TP: 0.65042 Bear flag- signals bearish continuation and a breakout of the bearish flag

Tradeofgrey

HI Guys, We have had the most longest consolidation in history, probably not but we are all bored and need a break our of this consolidation. Today is likely we will get some very high volume after London market closed yesterday. Our target for the bulls will be 13823 where the price will come to the trend line. A break of this trend line and price 13823 we can...

Tradeofgrey

Looking at the weekly and monthly, I'm very strong towards a buy now and we may not get a deep pullback. If we do get a break to the upside our next target will be 13800-13900. However if we do get break down then please check the previous analysis where we can expect a pullback

Tradeofgrey

The market looks a little crazy today up and down- but there is a reason why we are seeing this. On the weekly and monthly we can see market is playing around some key areas and trend lines. 12917 is a very strong area of support where as 13879 is a strong area of resistance. As we are entering the end of month next few days will be very interesting. Will we break...

Tradeofgrey

From yesterdays analysis here is a little update. The trade is going as planned and we have broke out to the downside. our next target will be 13550 the first pullback before continuing up. However if the market decide to go further down for a deeper pullback then we may see price go down even further to 13409 before continuing up.

Tradeofgrey

We look like we have a double top formed and I do expect the price to drop a little before going back up.If this double top is valid and it breaks out the triangle then price will drop to 13551 before continuing back up. However price can easily break this triangle up and just continue going up. our next target for the bulls is 13921.

Tradeofgrey

We had a great Bullish Rally yesterday, A lot of you guys took the trade from the last analysis. Today we may see some pullbacks before continuing. A pullback to 13550 before the bulls carry on going to 13793-13922. However there is also a good chance we can break the current trend and carry on going up to our buy targets. Those interested in Signals see details...

Tradeofgrey

Hi Guys hope you all had a great weekend. Last week nasdaq we had some good bullish rally then came back to retest the trend line and now has started to continue. Good S/R and Trendlines can never go wrong. Market respects that's a lot and this is one of the key indicators for us to see where the market is coming next to getting this right is so...

Tradeofgrey

Hi Guys, We had a beautiful rally yesterday pushing the price up to 13517 one of our key resistance area. So far the market has followed by previous analysis very nicely. But today I would be precautious. Will this rally continue or will we see bears come in today. For the bulls our target will be 13664-13921 and for the bears anywhere between 13300-13041. On...

Tradeofgrey

We had a great fall yesterday on nasdaq, creating a beautiful double top. Today we will be come close to the bottom trend line again and from here we will either break through and carry on going down to 12908-12776 or we will bounce of the trend line and make way back to the centre trend line 13408. Please be careful during the New York opening. A lot of stop hunters.

Tradeofgrey

Hi Guys, Yesterday was a very shaky day, we had a attempt to downside if we look at the day chart we can see it failed to break. It was always going up but we had a pullback before continuing. Today I expect to see buys anywhere between 13540-13792. Be careful again of the New York opening where we can expect fake out etc.

Tradeofgrey

Gold has reached a very strong resistance area and the top of a descending channel which can be seen more clearly on the daily timeframe, and I expect it to drop down to 1795 then breaking through the upward channel formed on the lower timeframe and reaching the goal of 1768.

Tradeofgrey

Last week we had some good fall and this week I'm expecting the rise of nasdaq again. Im expecting NAS to go back up to it strong resistance area of 13792. However if the market does decide to come down and break through 13297 then we may see some more sells before the buyers come in- sell to watch out for 13169-12900. On the daily I highlighted where im...

Tradeofgrey

Nas has been playing beautifully with the support and resistance areas respecting the higher timeframe trend lines. I have had many messages with people who have taken the trades from analysis and saw some amazing results. and yes it is as simple as that. Today I feel we will have some more bears, a bounce of 13297 will bring us down to 13042- 12776. However if we...