mattrobo3

mattrobo3 Updated 

XAUUSD - missed alert as was sleeping. I had alert set on dotted trendline to try and catch an entry at bottom of triangle but missed it. Will set two orders again and hope to catch the bottom one last time. Am overall bullish on gold and think we see it hit $1783 which is weekly resistance last touched in 09/2012.

mattrobo3

Eth 3 day chart looks interesting here, could it possibly break up or do we think it could fall back first. Above 50,100 & 200 MA on 3D chart, made a very slight LH instead of LL last time. Let me know what you guys think, 1 2 or 3? Which is most likely in your opinion? Please comment and let me know your thoughts.

mattrobo3

GBPUSD looks to be trading in a triangle, will look at reaction on bottom trend line and possible take a small long position.

mattrobo3

BTC - update, 8h looks as if it could break either way here. Either long off the bottom of triangle or wait for the breakdown and buy at blue box. If it drops and hits the box that's a great buying opportunity I think. Currently ETH looks more of a clear set up so I am already looking for entries so I will not entering btc here.

mattrobo3

NAT - Broken downtrend with very high volume, Divergence on macd from last LL's. Above middle bollinger band. Breakout volume biggest ever monthly volume by a mile.

mattrobo3

STNG - With oil prices so low and demand reduced due to corona virus there is excess oil needing to be stored so bullish on tankers for next 1-3 years. 2/3 last times it has broken middle bollinger band on the weekly chart it has done 100% moves, the other time 30%. Could be forming a nice curve bottom here. Volume increasing. Needs to get above 50MA and will turn...

mattrobo3 Updated 

ETHUSD wait for HL for entry off fib levels.

mattrobo3

Spx500 8h -Bearish possibility - Enter off LH which is also right shoulder. Already hit the 61.8 fib level at last high and rejected. Currently 200MA is acting as resistance. LH on macd, divergence starting. Bullish possibility - Stop loss below last low, market structure says bullish. Strong bounce off the lows.

mattrobo3

Failed to make a HH here so far and also a bearish daily candle here, wait for a new HL to form before considering entry. Macd losing momentum as well.

mattrobo3

Have re entered short on AUD, looks like I entered to early last time. DXY looks bullish to me and with election coming trump needs to pump USD so have taken two shorts, NZD and AUD. Have three positions here one being the moon shot which will hold for a couple of weeks slowly dragging stop loss up. I do think there is a possibility NZD and AUD make a new LL on...

mattrobo3

Have re entered short after last take profit hit. Have 3 positions with one being a moon shot that I will judge as price action unfolds. One I just added as it looks as to made a new LH but scalp is only a small position. I think it will bounce at around 0.5855 for a pull back then continue down for the next couple of weeks.

mattrobo3 Updated 

EURNOK looking very bullish here, had a massive push up and now falling and found support on the 61.8. On smaller timeframes also had another small push up and found support on that 61.8 fib again. I think a retest of at least 50 or 38 fib levels as marked.

mattrobo3

$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?

mattrobo3

$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?

mattrobo3

$TNK $STNG $NAT Shipping stocks all looking bullish to me, excess oil being produced every day with consumption down means it all needs to be stored somewhere?

mattrobo3

Oil has retraced to trend line, with consumption down so much not looks good for a short.

mattrobo3

NZDUSD has broken trend

mattrobo3 Updated 

Market structure good, HL and LL's, has pulled back to the 61.8 fibs from the last big push down. Has started to respect new downtrend. I think it will make a new LL but with the current global problems I will look to take profit on the 50 Fibs from last push up just incase. I have opened two positions, One a safer position with stop loss above last HL and second...