ernstschwarz

ernstschwarz Updated 

gold

ernstschwarz Updated 

Buy the break of the trendline or use the 2168 method to get into a buy trade that has huge potential to go long long long the next months a final target of 1.58 is possible with these entrys. stop below 1.4720 this is not a trade call you are responsible for whatever you decide to do! rock n roll!!!

ernstschwarz Updated 

i am expecting another move up after that correction down is finished. price level for turning point is likely to be the coincident of the 0.618 retracement of the previous upmove together with the 1.272 extention of the first downmove within the corrective structure we are in right now. so be ready at 0.7577 something level for a turning to the upside there...

ernstschwarz Updated 

after doubletop and breakdown i now placed 2 sell orders at the 0.618 retracement. both have stoploss 10 pips above the doubletop. one has take profit at the "0" (86.70 something) and the other at 86.40. all this is high risk because we are in a correction after an impulse up but with the orders you can have everything automated. after the first target is hit...

ernstschwarz Updated 

i shorted gold at the 0.618 retracement. now priceaction gives more confirmation and the stopploss can be placed above the 0.618 high. open two trades after 1st take profit move stoploss of 2nd trade to breakeven (no loss level / level where you baught) this is not a trade call and you are responsible for all your action. dont risk more than 1% of your...

ernstschwarz Updated 

see chart for info this is not a trade call. for all your action in life _you_ are responsible. noone else to blame. dont risk more than 1-2% of your account's money for your stopploss on that (better: any) tarde idea.

ernstschwarz Updated 

The 0.618 retracement of the up impulse has appx. same level as the 1.272 extention of the first corrective downmove. this area gives me a high chance of reversal for the upside. stoploss level must go at least 10 pips below the beginning of impulse (124.60 something). very aggressive traders may watch for reversal candle at the given time and level and then...

ernstschwarz Updated 

my time projection gives me an additional clue that a change of direction at the red vertical line is in the making. i look at the corrective structure as one that may likely prepare the way for up move. it is likely that the already saw the first whole move down in that corrective structure (you may call it A to B wave + B to C) and now up (light blue arrow...

ernstschwarz

monthly there is a bullish engulfing candlestick pattern and the signal is valid. we have not hit any of the pivotal lows yet. i could imagine that price will hit and bounce down from one of the red price lines somewher between 1.16 and 1.26, then returns to the low at ~ 1.045 to form a double bottom and then we may be through with the downtrend

ernstschwarz

Eurgpb

ernstschwarz

gold mit strat