In the trade from low $52s. Added at $55.
Weekly view shown here.
Looking for strength to continue here. Currently they are testing resistance levels from the 2006 and 2007
Feedback and comments are appreciated.
Fresh analysis from me.
So many times lately there have been some very nasty "pros" who seem to think making others feel small is what TV is all about.
For me I come here to share and learn, not to be made to feel like my trades or ideas are anything less worthy than someone else. The chat especially is a nightmare with so much ego and crap spouting from mods...
Still got tickets to the moon? Awesome because we are going there.
We saw a EUR based holiday today enabling this price to simmer down some, but with a strong pattern hold and great reports to come my opinion is of a LONG position making big profit here.
Personally LONG from 113 and with a TP at 114.7
Good luck ;)
Are you ready for a trip to the Green moon? Yes?! Fantastic!
Slap on your calls and give yourself plenty of margin room for choppy water, this ride may be very bumpy!
However I firmly stick by my view and trade that i am holding long for the next couple of weeks here.
It's long until it isn't! ;)
Trading heavily on EURJPY right now.
USDJPY also an option howerver technical analysis here matching up something lovely!
Fib wedge and a clear trend channel line touch to chase after.
Going and have gone yesterday very LONG here.
Lets make profits
Looking forwards to NFP day, but even more to Thursday where we will see some monster U.K based eco madness. Got to love the emotional build up to these days along with the volume levels!
Red marks my stop. Orange my entry. Green my limit level.
My analysis shows two curves, one historical, one projected.
Using several basic analysis techniques the chart also...
Getting tired of only seeing analysis being posted up.
So, I am posting the visual definition of my actual trades this week.
Hoping you will all give friendly feedback and thoughts as truly I am wanting to generate solid profitable returns.
Based ont he calendar, trend analysis plus some instinct I am Shorting GBPUSD today and my lines mark it all...
It is about time us Bears got together and smashed this cheeky bugger off the worlds top spot.
As you can see here we have combined waves of tightening wedge formation on the chart.
We also have some strong fundamental key events to help drive emotions and stretch budgets.
The cloud of short interest is growing and if we slam hard come NFP we will be able to see...
Long term outlook very bleak for the once relatively strong AUD.
It's been a tough two years on the Australian currency. With a very wobbly gold price dictating the nerves and a phenomenally crucial period of USD relative strength the AUD is suffering without a doubt.
Using a simple fib based regression trend analysis along with a modified pitchfork that ties...
Check out this Elliot Wave driven technical analysis punt from me.
Gold has a lovely growing rolling pyramid structure that is generated mostly through particular price and event patterns.
Simple LONG hold here. Buy big or go home. Hold long or mess about stepping in and out.
Easy profitable trade IMO.
So USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario.
Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600
Time duration of the trade I would expect to be no longer than two weeks at most....
Simple scalping should work best in current market conditions. EURUSD specifically due to the current political and economic climate is set to have the largest opportunities for short term scalping from all major asset pairs.
If you are tired of not gaining the results you need get in touch - Investment management for profit is what we do.
Perhaps its the Pokemon fever in the air, nostalgia of Mario kart afternoons.... It's time for some Mario style step ups
Whatever you trade, trade it with confidence and a total focus.
Learn from the wins and losses.
Learn from others.
Be sinsible and disciplined.
Don't forget to create a little also. Think outside the box without fear of seeming...
We all would love to be able to call the top. I have been burnt to the tune of 25k or so the last few days trying to short a "top".
Fact is after much further chatting and some back to basics trend analysis over the Long Mid and Short term as of right here and now today the signals are strong bullish and for LONG.
So that is what I am doing. Hoping for this...