Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/CAD Buy. Enjoy the day all. Cheers. Jim
MELI is solidifying its position as a dominant player in the e-commerce and fintech markets across Latin America. With Argentina’s economic surge and aggressive expansion in Brazil and Mexico, MELI is poised for significant growth. 📈 Key Highlights: Economic Recovery in Argentina driving e-commerce activity. Expansion into logistics and food delivery...
IAMGOLD is showing strong upside potential after its Côté Gold mine achieved commercial production. With solid government relations in Burkina Faso and robust fundamentals, this gold producer is well-positioned for growth. Technical indicators like MACD are improving, signaling possible bullish momentum. Target price: $7.15, with a buy rating and a longer-term...
Hello, The CAPITALCOM:UK100 appears to be heading towards a bearish phase in the short term, but the long-term trend remains firmly bullish. Despite the current price action, most investors still anticipate a bullish continuation. A stable position above the weekly pivot point would indicate a bullish continuation. TradeWithTheTrend3344
Im in a sell on US30. My confluences are the following: Market is currently at daily, 4h, & 1hr resistance - Showing signs of buyers exhaustion on 1 min tm - 5 min, & 3 min RSI above 70 - Currently anticipating a higher low on 15 min tm to form in Asian or London session -FVG still needs to be revisited at 42400 - Last but not least, 4 years worth of traders...
Hello, The PEPPERSTONE:AUS200 has surpassed previous expectations and remains poised for further growth. As long as the price stays above the 1M PP, the bullish trend is likely to continue! TradeWithTheTrend3344
I describe some of my thoughts here on what the situation is with $VCLT. Should be an interesting one to watch going forward. I apologize for not going incredibly in-depth here. This is a chart I have done some work on already and I am just sharing the work I wanted to do this evening.
Hello, The FRA40 is showing strong potential for further upside, having rebounded from the new 1-year low of 6750.62. Since then, the price has been steadily rising, indicating the emergence of a bullish trend. However, to confirm continued upward movement, it must establish a stable position above the 1-month pivot point (PP). If this doesn't happen, support...
I think AUDCAD is going to the upside. I entered because the weekly bars is bullish and all the other timeframe aline with it as simple as that. chart below is on the 2hr, chart below is daily, chart below is weekly,
Don't underestimate the sleeping Giant $Roku. There is a Roku device or TV in nearly every home in America, likely the world. They Offer free TV service, movies, shows with Ad's and their devices rarely fail. We are looking at NASDAQ:ROKU from a purely technical perspective. It has been beat down. The higher time frames have put in higher lows and is...
This is a very simple and straightforward technical analysis on AMEX:SPY of price action VS the Moving Averages. A tried, True and Valid method of analysis is knowing when we have become to extended from the moving averages and determining that a return to the mean is appropriate. In the case of the AMEX:SPY , SP:SPX or CAPITALCOM:US500 we are more and...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Support and resistance is active. Bulls are testing the support. Yellow horizontal lines are support and resistance. TP and SL are mentioned. But wait for the Treadline to break.
Last time we posted about the TVC:VIX we Enabled Holy Sh*T Mode. Shortly there after the TVC:VIX broke above 66 in no time. The TVC:VIX is a very easy counter indicator to the market to read. When CCI the CCI breaks out on any time frame from the 2 hour up, there is almost always guaranteed to be a market downturn in the near future. Even though TVC:VIX...
You think the Great Yield slaughter of the 40 years was something; just feast your eyes on the great Yield breakout, eons in the making. In our next predicted cycle of disastrous economic, but not all that surprising or unexpected economic events; we will now see the Great Bond Slaughter coupled with treasury yields sky high. An event the likes of which the...
Long on US100. Cut of handle pattern, small lateral decline with resistance and entry point 20190, break out of the entire structure at 20310 with second entry. Target and take profit at 20754. CAPITALCOM:US100
Last LL, bulls are strong. Bullish candles can be seen. If the trend line breaks then go long and then take trade. And apply TP and SL respectively.