Alright folks, I identified a sell zone in dollar (dxy) way back in May 2018. In October we reached the zone (linked), and since then we've kind of stagnated below the sell zone. Now- with the holidays out of the way, my prediction stays true- Dollar will be a sell in 2019. Not only does my method line up with the prediction, but now fundamentals are starting to...
Here we are- I'm short. As stated a few weeks ago, watch the mid 70's for a short! I'll personally be aiming for the light blue line Hope some listened....chart that called the short is linked
Here we are again. So far this year I'm 5/5 on OIL ;) Watch the RED ZONES for an additional sell. This is inline with the much larger chart posted months ago and linked. Targets in green.
Here we are folks, looking for a big sell into next year with this dollar chart. The sell was called back in may! Watch for a retrace....remember, Trump + trade war = weak dollar. Trade call linked for your convince....The Pequod is up over 50% this year :)
Called it back in March...sure enough just a tap into the blue zone and we're +100 pips already...this is obviously a very long hold...but damn what a call :)
My algo (The Pequod) has detected a buy signal on the long term chart in the shaded area. Max tp is the green line. This trade will obviously take months to develop, and is being posted months in advance.
Watch for usoil to close the day below $66.95! Doing so opens up a momentum trade to $64 and below!
Hey ladies! Here's a quick trade I have pending for EJ. Blues = buy, red = stop, greens = targets If greens are reached first, trade is invalid. Good luck!
Hey friends, just saw a temporary bullish set up if you are so inclined. Buy the blue, TP = green, Stop = red Up 60% so far this year :)
Heads up! Look alike! EJ is on the move!
Spotted a potential sell zone on Oil. I'll be playing this one. Look for reasons to sell in the red, green are the normal targets, however they are obviously unrealistic. I'm shooting for $50 as my target. As always KISS applies. Keep it simple, keep it consistent
Heads up friendos! Watching these zones for DXY selling over the next few months. Remember, Trump does not want a strong dollar....
Careful here friends, I've spotted a large bull flag on the Weekly for USDJPY. Earlier I called out the potential short that has now achieved it's final target. Usually after the final target is achieved the trade is complete and we see a pull back. Pullback is confirmed, so watch for the bulls to start building a long position. Will update as it progresses!
The Pequod has flagged a buy zone on the EURUSD. Looks like price action has brought us into a triangle...of which we are destined to break out. Blue zone is the zone to look for a reason to buy, green is your TP, and red is the STOP. Good luck out there..... Simple PA, simple charts, simple trades. As always KISS applies!
Look to buy USOIL on a dip below the blue ascending triangle. Trades should be placed in the blue zone (60.81-61.52)
Watching this buy zone on the daily/weekly EURJPY. Targets will be at the green lines. Do not forget- risk is constantly on the table this year, and both Euro and JPY are the currencies investors fly to in a "risk on" situation. Therefore; if risk is introduced into the market then this pair will chop away (as it has done since March).
Which are you?? Buying or selling? For those EU bulls "The Pequod" has spotted a buying zone....target is over 1.2700!
The Pequod has spotted a resistance point in USDJPY. Both the Daily and H4 time frames. If you're a USD bear, and think risk is off the table this is a trade for you!!