VIP_Trading_Technologies

VIP_Trading_Technologies

What do you think about this idea guys? I'm drawing a possible descending channel in anticipation of the end of Easter Travelling season. Let's see how this plays out.

VIP_Trading_Technologies

With earning season kicking off it seems appropriate to follow the trend but profit taking comes after dividends are paid...For how long they will keep pumping? 35K? I'm waiting for the correction to open longs again.

VIP_Trading_Technologies

Unless we break out the current descending channel I will stick to my plan. Current daily candle looks bullish rather than bearish so will prepare my hedging to be trigger as soon as we develop a candle off the channel.

VIP_Trading_Technologies

There is not much room left to go up so it looks appropriate to wait for the break out of the ascending wedge.

VIP_Trading_Technologies

That is the scenario I'm considering to take my positions. So far it was a great call since opening longs at 29.9x.

VIP_Trading_Technologies

After adjusting my charts accordingly I will stick to my plan to hold shorts. Anything above the EMA 200 (orange line) would trigger my hedging.

VIP_Trading_Technologies

Good area to short with SL at 1.2010.

VIP_Trading_Technologies

We had three rejections from the supporting trendling of the ascending channel and now we are trading off the correction channel, so it should be appropriate to go long but I prefer to find a better entry spot to open a position accordingly. We are trading above EMAs on the daily timeframe so it seems right to me to go long at this point.

VIP_Trading_Technologies

Very interesting area to take positions. I'm currently holding short positions and planning to add few more stakes at .1990 level to .1995 with partial hedge above .2010. Breaking above the 1.2010 area would require a new study of the situation but in the meantime will stick to the plan and trade the descending channel from edge to edge. Should you think...

VIP_Trading_Technologies

that would be my target being a bull but I am not fond of cryptos so just sharing my technicals for whom may be interested.

VIP_Trading_Technologies

I remain bearish on this pair. We are struggling to move away from the EMA concentration and my bet is that will fall to the circled target after failing to climb. My idea is backed by fundamentals and correlated pairs that are showing a possible USD strength. We need to close below previous lows and retest the cyan support asceding trendline to reach my TP.

VIP_Trading_Technologies

That is my view. Share your thoughts. Let's see how this moves. Cheers

VIP_Trading_Technologies

Sharing my view. I think we have reached a nice area to open long positions. My idea is supported by fundamentals and technicals at the moment. Let's see how this plays out.

VIP_Trading_Technologies

My view on GOLD has not changed. I remain bearish at the moment with the same target. In this weekly chart things make more sense to me. Unless we break out the current descening channel (1790+) I would keep holding shorts. If you observe carefully you will see a falling pattern every certain weeks ;) We might keep moving sideways in the current range till the next drop.

VIP_Trading_Technologies Updated 

Expecting USD index to keep climbing from current levels to hit the target at 94. As you could imagine if USD goes up it will do it as well in most of the other pairs, keeping that in mind you should expect USD to strengthen against everything, including gold. Trading in between EMAs but in a clear ascending channel that makes oscillators and some indicators to...

VIP_Trading_Technologies Updated 

this is what i'm expecting due to the strengthen of the USD.

VIP_Trading_Technologies Updated 

Self explanatory idea.We had a nice rally from 29.8x almost till now with no significant pullbacks. Let's see first if we can hit the circled target before a pullback.

VIP_Trading_Technologies Updated 

Once we break down below the POC and EMA support (Cyan line) and support trendline of the ascending channel, we will accelarate the fall till the circled target.