For the long terms, as we can see on the daily chart, the USOIL is in a strong bearish momentum, I marked the next fresh supply&demand as a critical key level to look for a position, Above us there is a great supply level which can be a continuation of sell position, if the price will return that level I'll sell there, my first target will be the demand below, and...
As a price action forex trader, I'll wait for the price to break the resistance zone I marked on the chart, if the price will break the resistance zone it indicates the price on his way to Reach the next critical level which is the supply above, I won't buy immediately at the breakout, but I'll look for a good price action setup of buy position, my target will be...
XAUUSD (GOLD) – The GOLD has created a new fresh demand recently, As we can see on the chart from the left, there is no reason for the price to stop until he will reach the Resistance above, if the price will return to check the demand below, I’ll buy there, in case the price will break that demand, I’ll wait for a new buy position at the demand at the bottom. in...
I'm expecting Gold to break above the Pivot P and go upwards to R1. Why? Savius Slope Rider has fired the buy signal, price is just getting out of the buy volume area and bouncing off the Regression Channel, and it's above the MA Hull, which is great! (the screenshot with all these indicators can be found on my website) I am not entering the order until price...
EURUSD - The new fresh demand that I marked below succeed to broke the supply from the 12/11, for now, it seems the price on his way to reach the resistance above, the demand Below is a great continuation level for buy position, I'll wait for the price to buy there and my target will be the resistance above.
As it seems now, the NZDUSD pair just broke a critical support which indicates the momentum changed to bearish, and the price most likely on his way to reach the demand below, For now, the best level to join this bearish momentum is the supply above us, if the price will return that supply, i'll sell there, my target will be the demand below which is a great Level...
For the swing forex traders, I marked the key levels to look for a position on USDJPY, yesterday the price created a new fresh supply above us that indicates the price on his way to Reach the support below, if the price will return to that supply, it can be a great opportunity for continuation sell position, I'll sell there and my target will be the support below.
signal from Slope rider isn't complete as yet but I enter here with a tight 10 ticks stop loss, with the protection from Pivot P. the top of the regression channel is at 2715, and a strong resistance due to high volume from yesterday at 2716, I should have waited until then, but I can risk a 10 ticks. target at S1 is way down at 2675 (prices are from ES December...
Gold moved nicely below Daily MA50 trend seems bullish short with target S1
If Gold moves hugh as I believe it will, then also S&P may just keep moving lower today. Savius Market Bias is bearish. There are no other clear signals, just price movement. Stop Loss is above Savius Reversion Band, just little more than 10 ticks. Target it the recent low at 2705 (ESZ8 December month contract)
trend is quite netural today for both Gold and S&P500 Savius Slope Strategy signals a change in trend to the bullish move, I enter with a stop below the latest minimum and targeting S1 and S2.
keep stop loss tight and potential high profit trade targe to R1or Pivot P
I put a short order here now on Savius signal that the bullish is about to turn (both on 60' and 15' charts) Notice how similar the chart is to 2 days ago. Price also touched the POC of 2695 from 2 days ago. I am keeping a tight 10 ticks Stop Loss because I'm sure the price will try to push up to 2700 and 2704 (prices from S&P December, this SPX chart prices are...
S&P500 short on Savius Slope Rider counter trend strategy R1 also seems to hold as a resistance potential target to Pivot P New York market is about to open, need to see how the US will react to this morning move, we ar risking very little with a 10 ticks stop loss
now S&P500 seems to be building strength on the bullish trend, so I'm waiting for Gold to resume its bearish trend. Ideally it would break below S1, close a 15' bar down there, retrace to S1 for me to enter the sell order and target S2. let see if Savius strategy confirms the idea, that would be great. at the moment Savius Market Bias is 90% bearish.
GOLD short on savius Signal targeting Daily MA trend is bearish for today, so is Savius Market Bias S&P is moving up, even though both of the markets are not showing real strength, keep stop loss very tight, but the target can be put down to the Daily MA
I missed out on this lovely move down from R1 to P, that's fine. It looks like this move has happened too fast to me, high volumes yes but there is no apparent reason for Gold to be so bearish today (nor for S&P to be bullish). What if it was just to cash out all the gains from yesterday? to catch all those stop loss orders? Let's risk a 10 ticks here on bounce...
GOLD short sell limit order if retraces to R1 market is still quite undecided, especially in S&P that is not moving at all; volumes here are above average though; by entering at R1 we can set a stop loss of just 10 ticks, and target down at Pivot P. Not going to risk anything more than 10 ticks, hence not selling at market right now.