On the technical end I think it will gap down and then rise during the week if it can stay above 3.15 or so. I hope I do not get a margin call or that I am wrong and it gaps up. Life would not be very exciting if it was predicable.
Tricky situation. Bull rejected at 111.6 but now we stuck at STRONG support. If today close below 110.9 I’m expecting more down movement by next week. It’s better to close all your position. But if you short from 113.3 area, just hold it. Nothing to lose
Hello everyone and good luck on Monday !!! . hope it goes down , since I made so many SELL positions ...and now in a big trouble. if it goes higher like 155 or 160 then I'm broke. . Happy Monday to everyone!!!
The Euro has remained under pressure the past two day. After attaining new highs, the Euro has lost value against the U.S Dollar rapidly and may continue to face headwinds the next two days
Relative Strength divergence appeared at the highs indicating a weak market. The blue price channel below is formed by a complex w-x-y correction higher. Therefore, it hints at an eventual retest of the channel lows near 1.72.
My charts don't really show that as much of a support. I think we're past daily levels at this point. I see 1.25 as both psychological and its the weekly 200ema. But still risky until next week. CAD is particular strong right now due to oil and the dollar weakness is driving a really strong bearish sentiment, but I think its temporary. I don't think oil can...
gold and uj have strong negative correlation. Though in the past two weeks, gold rise up about 500 pips, uj managed to,stay afloat around 112.50 and 113.40. If gold tops out at the psycholicgal level,of 1300 something, it may go down, and that MAY trigger upward movement in uj. Operetive word is MAY...
Year end.. almost every one is closing their books for the new year.. everyone is selling.. new york has close now.. continue watching
ACCURACY: 76% EURAUD TRADE IDEA: ( SHORT TERM – INTRADAY ) TRADE: LONG AREA OF ENTRY: 1.54200 – 1.54100 STOP LOSS: 1.54000 ( We use minimum SL ) TAKE PROFIT 1: 1.54800 TAKE PROFIT 2: 1.55200 EXTENDED TARGET: NO
Autodata reported that November 2017 US vehicle sales for Tesla was 3,590 (all vehicles). That is a 17.9% decrease from Tesla deliveries in 2016. Indicating a reversal is about to occur.
The market has been over Bought. RSI is indicating a strong divergence that is about to occur at the high of the day.
As you know we have entered Short Trade on GBPNZD and we hit the first target and we are waiting for the second target. Our second target is 1.89000 in this trade. Now I revise the target of the trade as 1.90200 and look for a potential long opportunity for the retracement
H1 chart 112.680. If it breaks the support, it will test the main support zone 112.400- 112.300. On the daily chart, the price is in the upper Bollinger Bands and the trend is Bullish
The only advice I can give is that never, ever have more than 10% of your investment/trading $$ in any single asset, risk class. Its the #1 rule in trading/investing. The odds of success doing that is very low, I understand people will say they have made $$ but for ever 1 person that gets lucky long term 100 go broke.
It is positive for the Crude Oil price to stay above this support. Traders may have overdone it with lighter holiday volume and we could chart a course for higher prices again.
Strong Divergence about to occur at the high of the day.
This is massively oversold on my 1 hour analysis of convergence and divergence. RSI is compelling. I would say BUY...buy with caution.
Lot of bulls with stakes waiting to ride the coast up,