VIP_Trading_Technologies

VIP_Trading_Technologies

Earlier than expected but we got there after breaking out the previous supports. At this point is seems appropriate to reverse at least to 1.58 area and above. Let's see first if this supports holds or it goes slightly below to the long term support trendline. All the best.

VIP_Trading_Technologies

Hi guys, if you look carefully at the ascending pattern for the last couple of weeks or so you will see some similarities (pump and dump). The bulls stampede seems unstoppable but this week we will have some important oil data releases that will help us to position our next moves. Once we cross and settled above 80, it seems that the next resistance is waiting...

VIP_Trading_Technologies

As I said in my previous UKOIL post the bull rally is very strong, with a strong momentum and the next resistance to test will be at 86.71. TODAY we hit 84.58, we are just 2 dollars away for the next bull target. OPEC Monthly report and API/EIA data amongst others will be key for the next steps. Bears need to test 77 in order to decide their next move. All the...

VIP_Trading_Technologies

Hi fellow traders, we are currently sitting on a critical area with the intersection of two possible resistances ahead (long term descending channel and inner ascending channel) After the impressive rally we could pull back from 58k. I leave it to you to decide. Cheers.

VIP_Trading_Technologies

Who is going to win the next battle? Will some European or Global leaders call OPEC members to open taps to avoid hurting global recovery? We have broken out a long term trend and seems that bulls are in control and willing to hit 86.71 - 89 bucks target in line with Goldman Sachs prediction but we never had 8 weeks in a row of uptrend in the recent years. It...

VIP_Trading_Technologies

Brexit is getting tough for the britons while the US economy seems to be recovering pretty well from the pandemics. We are currently moving inside a descending channel and my target remains unchanged at 1.31342. Cheers.

VIP_Trading_Technologies

During the past few months gold has been driving me crazy with constant movements up and down in this 100 bucks range from 1720 to 1830. Long term I am selling gold but in the short term looks very uncertain to me. The last daily candle shows an important rejection from the top coinciding with the POC area at 1780 so we could expect a downtrend...

VIP_Trading_Technologies

We are approaching an area where BTC could pull back (56k+) for some K down and remain inside the ascending channel. I'm not trading BTC as I always say but like to share my view. Cheers.

VIP_Trading_Technologies

After breaking the support and apparently following the spotted HS pattern we should continue towards the next support area (red line) at 1.56915. Cheers

VIP_Trading_Technologies

Quite a self explanatory chart. We are moving inside an ascending channel and therefore I'm adding long positions at the support trendlines. Cheers

VIP_Trading_Technologies

I was expecting to hit 1.0985 but missed my target for few pips. Price pulled back and went back to retest the 1.07 area and so far has proven to be a strong support. CHF is widely used as safe haven when markets are in deep trouble so I am quite contraried at the moment and trying to take smaller trades and in different stakes to avoid getting caught in the...

VIP_Trading_Technologies

After the recovery of the USD against the YEN I think it is time to have some pause and pull back slightly in orden to continue the uptrend. Fundamentally speaking seems that USD is going to keep pushing up and we could reach 114 area before the pullback. I have no open positions at the moment and I would try to foresee the market mood at the opening to decide...

VIP_Trading_Technologies

Hi guys, hope you are doing good in your trades. Today I would like to share a couple of observations rather than a trading idea. With the end of the trading session last Friday we have ended up having the seventh bull week in a row. This happened only a couple of times long ago. First time back in the 1990s and second one a bit more recently in early 2000s. The...

VIP_Trading_Technologies

And it bounced right on the support line (red line) once again. So far looking good and profitable. SL at cost already. Peace of mind. Cheers

VIP_Trading_Technologies

In my opinion we have another chance to open longs at 1.07 but I would be extremely careful this time as the current movement may send prices below the previous low (red trendline). I think 1.066 it is the next target for bears after trading slightly off the ascending channel. My positions were closed in profit long ago and now I'm just monitoring the next...

VIP_Trading_Technologies

Self explanatory chart. Take your trade in the edges of this channel that so far has proven to be valid. Cheers

VIP_Trading_Technologies Updated 

In my opinion we just hit the reversal area, so my short positions were triggered and the longs closed. Anything above will trigger again partial hedges till the next resistance at 82.90. Enjoy this FREE call brought to you by VIP Trading Tech and MagicBotFX Team.

VIP_Trading_Technologies

Few months ago this chart was drawn and so far it has been working flawlessly. I expect to reach the target and reverse again. Step by step first.