DRamFX

DRamFX Updated 

Hello Traders, I'm expecting the Dow Jones to have a bigger pull back this week possibly bottoming out at 27950. For now, I see a possible entry for a double top on H4 to finish the 4th leg of the Daily Big Bullish M Pattern. Overall, I see price making a new high in the future. If we don't pull back to 27950, then the next sell entry will be at 29300

DRamFX Updated 

Yesterday's analysis I expected price to reject and continue to the upside at this level. Sadly, that trade was stopped out. However, today price is giving us another chance to enter again using multiple confirmations.

DRamFX Updated 

Hello traders, The bulls have proven themselves dominant in this market. I have a previous analysis where I expect the Dow to reach as high as 30k, which is now a strong possibility. Today I'm expecting more bullish pressure on the Dow we we continue this V-Shape recovery of the stock market. We have a total of 6 confirmations for this trade, on top of the...

DRamFX Updated 

The bias on the Dow is still bearish from last week. I am looking for an entry here. Possible 1:7 Risk to Reward. Price respected the -27 on Daily, on H1 I spot a potential double top, and H4 is oversold on the RSI. Take profit at this Week's Pivot Point.

DRamFX Updated 

Looking for a pull back at this strong area of resistance. Overall the Dow is bullish. So long term investors, look out for another buy opportunity when the pull back occurs. Feel free to enter here with what ever stop loss you choose. I personally use 50 pips, but feel free to use 100.

DRamFX

Price is currently sitting in a range and we have experienced some bearish pressure this week due to FOMC interest rates unchanged. However, the Dow is overall bullish from higher timeframe analysis as indicated from my previous chart. Looking for an entry on 15 minute based on bullish structure being respected (Daily 78.6 tested and rejected). 50 Pip stop loss...

DRamFX Updated 

Price broke the Monthly 78.6, so next is the 127 level (32700). This will be the long term target. Entry based on Weekly 61.8 and Daily -27 rejection. First TP is 30000

DRamFX

Weekly closed bearish , daily closed as indecision and the 4 hr engulfed the previous candle. I'm expecting a continuation of bearish momentum for EURJPY next week with the potential to fill the daily range. I would wait for a retest of 124.516 on the 4 hr or wait for break of 124.316 to continue down.The yellow zones are potential take profit areas.

DRamFX

Weekly closed bearish, daily closed as indecision and the 4 hr engulfed the previous candle. I'm expecting a continuation of bearish momentum for GBPUSD next week with the potential to fill the Weekly ranges. To confirm that the sellers are in control, I would wait for a break below 1.29099 on the 4 hr and wait for a retest to continue down. We seem to be in a...

DRamFX Updated 

The Weekly closed bearish, daily closed with a bearish body with rejection of the buyers, and the 4 Hr has done a break of previous support. I'm anticipating a retest of previously broken structure to continue the bearish momentum. The yellow zones are take profit areas, or places where you could scale-in to hit the end target - which is a Weekly Wick Fill. Price...

DRamFX Updated 

This trade is simple. Price tried to break out of resistance but closed back in the range. I'm anticipating a retest of this area to take sells. The yellow zones are take profit areas. We are also in a massive consolidation triangle forming lower highs. I have 90% confidence in this set up.

DRamFX Updated 

Potential swing trade on GBPJPY. The overall trend of this pair is down, as the fundamentals for GBP are weak. We are likely to reject this major zone and continue down. This is an trade idea, not a signal.

DRamFX

Price is currently ranging in-between two major zones, Daily (blue) and Weekly (Gray). At market close, we see that the daily candle closed bearish on a Daily zone, which is now in confluence with the higher time frame momentum. As price is moving, GBPUSD also rejected this 4 Hr zone (Purple), closing as a bearish engulfing on the 1 Hr and 15 minute. Looking to...

DRamFX

EURJPY has reached a premium price area formed on the Weekly and broke the 1 Hr trend line. Looking to enter a short position to ride the wave down if the bears reveal themselves.

DRamFX Updated 

On the higher time frames, it seems as though Gold is forming a symmetrical triangle. I have Buy Stops and Sell Stops ready for the anticipation of a breakout higher or lower. More than likely, we'll be seeing more upside for this pair

DRamFX Updated 

Hello traders, USDJPY has been making massive bullish moves this entire week. The overall trend is bullish until the market says so. BUT, I see an opportunity to go short on this pair for extra pips as a counter trend trade. Here's what I see: 1. Divergence on the RSI 2. Price action showing weakness 3. Approached a 1 Hr price zone

DRamFX

Hello traders, this is my outlook on EURUSD for next week. We could see price find strength to hit Take Profit 1 demonstrated on the chart following the bullish move upward. However, the possibility of hitting Take Profit 2 is uncertain as price has yet to break above the Daily Resistance Zone (Highlighted in Yellow).

DRamFX

Hello traders, it seems as though gold had a false break of structure and found itself back in the range. This possibly tells us that bulls are starting to take control of this market once more. For next week, I see Gold staying in this range until further notice. If price breaks above the Weekly Zone ( Highlighted in Orange ), we can see a long term bull run. I...