VIP_Trading_Technologies

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. Currently trading inside a descending channel and price hit the resistance trendline. Unless we breakout we should consider shorting. Mind that we are trading now above main Moving Averages and hence we are in bull's territory and have to be careful. Cheers. ------------------------------------------------- Remember,...

VIP_Trading_Technologies Updated 

Hi Folks: Here's my chart on this pair. After a stunning rally downwards we just hit a a weekly support and we are just few pips away of another trendline support. My target remains unchanged at 1.11 (shorted it from 1.20) and we are gonna get there pretty soon. At this point I am willing to close 70% of my shorts and just the rest alive till the...

VIP_Trading_Technologies

Hi Folks: We have been patiently waiting for the reversal on this pair, or at least a pull back and it finally happened. Previous daily red candle was an early indicator and today we nailed it! TVC:GOLD Remember that we are still trading above main Moving Averages and therefore we are in bull's...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. From 1.10 to 1.05 without major corrections, so I think we are very close to a possible reversal. But always keep in mind that CHF has been used as a safe haven currency and therefore, when economies are not performing well, investors tend to place their bets on Gold, CHF, Yen... We are sitting on a support area and just...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. Since we have broken the previous descending channel, we need to focus on a new trading range. So far the ascending green channel remains valid as well as the SR levels. FX:EURNZD Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That...

VIP_Trading_Technologies Updated 

Hi Folks: At the moment of writing, USOIL is sitting on a support trendline (black line) that has been hit twice and in spite of price action, fundamentals are currently mixed. On one side, oil supply remains tight due to OPEC+ unwilling to open taps but on the other side the Covid cases in Europe are worsening again with the Netherlands going into a partial...

VIP_Trading_Technologies Updated 

Hi Folks: My view on this pair remains unchanged so far. The purple trendline acted as a good resistance so far and we still trading inside this ascending channel. Correction to 1835 to 1811 levels seems needed at this point to gain further strength either way. TVC:GOLD Cheers ------------------------------------------------- Remember, if you liked this...

VIP_Trading_Technologies

Hi Folks: The target forecasted when we were at 1.20+ has been working flawlessly so far. We are nearly there. Hope you rode the call with me. Cheers. FX:EURUSD ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: TVC:GOLD With the closing of yesterday's GOLD session we have had so far 6 green daily candles in a row. From the bottom of the channel suport trendline (green lines) to the top we have had a total of 110 bucks rally and if we consider the beginning of the channel we are talking of almost of 150 bucks (since 1720). Being said that, in spite of high...

VIP_Trading_Technologies

Hi Folks: Here's my view on this pair. For many months this pair has been smoothly following the projected path quite accurately and we are not far from the target at 1.11ish. I think we can have some sort of bounce at 1.1435 level due to the support trendline crossing there and failing to bounce will lead to 1.13 quite fast IMHO. My two cents for you....

VIP_Trading_Technologies

Hi Folks: Here's my long term view for the USD. TVC:DXY Cheers. **************************************** Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Today's US economic data release helped the USD to fly against most pairs. Target for this pair remains unchanged. Cheers. FX:GBPUSD **************************************** Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Previous related idea was about to fail so I think is is worth to extend a bit the margin and reduce the profit. Let's see if this can help me out to close with some small profit. Cheers **************************************** Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: I missed to open longs for less than 2 pips and we hit almost the 1.06 resistance (black line) and pulled back strongly. Therefore I think we need to hit the bottom black line at 1.0503 area to bounce from there. Observe the chart and you will see that we have had 7 weeks in a row in red. Current weekly candle is surprisingly very bearish as well....

VIP_Trading_Technologies

Hi folks: My point of view remains unchanged and stronger than ever after current fundamentals and US economy release data (massive inflation). Target approaching at 1.11ish. FX:EURUSD Cheers, **************************************** Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: My previous idea failed by few pips as it triggered my SL (partial hedge) but luckily my net short is bigger and allowed to enjoy this massive rally downwards. I have some longs above that will decide later what to do. Probably will open longs at the bottom of the red descending channel of my charts to lower the breakeven and call it even. My broker...

VIP_Trading_Technologies

Hi Folks: My previous idea failed by few pips as it triggered my SL (partial hedge) but luckily my net short is bigger and allowed to enjoy this massive rally downwards. I have some longs above that will decide later what to do. Probably will open longs at the bottom the green ascending channel or the bottom of the red descending channel of my charts to lower...

VIP_Trading_Technologies

Hi Folks: FX:USDCHF I hope you followed this idea because we got the target twice in the past few days. Double bonus :) as you can see in the chart. We have now a breakout and a new scenario to monitor. USD (DXY) had a nice rally today against most pairs due to US economy data release in regards of massive inflation that will force FED to hike rates sooner...