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Days_Off Updated 

Here's what I know: - Gold is in an uptrend - It put in a nearly perfect 50% retracement - Good support at ~$1,760 What to look for: - break of the trend line...ideally two bars closing above with a touchback. - further weakening of the USD What to do? - Start adding long positions now with stop loss around $1,750. - Add to long position with break of trend...

Days_Off Updated 

While the uptrend has yet to be violated, uber-longs and fanbois take note that the momentum is fading. Unless a base of new highs can be established, the path of least resistance will be to the downside. - Potential lopsided head and shoulders pattern forming. Only a print of new highs will invalidate. Expect ~185 points to the downside with violation of...

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Looking at the chart and the latest earnings, there's little evidence to support a bullish case for this stock and growing evidence pointing to moves to the downside. The daily chart printed a bearish engulfing candle. There's been zero follow through buying since what the fanbois have labeled "blockbuster" earnings. The daily chart is a technical mess with...

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Folks, The S&P might be setting up a head & shoulders formation that will hopefully give us a nice, low risk short entry. Wait for a break of the H&S neckline which corresponds to a strong support zone. Use a stop that's just above the high of the right shoulder. If this breaks it could be the end of the bounce...leading to a revisit of March's lows. DO

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Hi, Is crude going to keep sliding? If the move down so far was missed, a nice opportunity for a new entry has been presented. Entry around $21. Stop loss around $22...just above the recent highs from the 27th & 31st. I'm targeting $12.50 for now on the downside. Tomorrow could be a big day for oil. The current OPEC+ deal expires with currently no...

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Folks, It looks like there's a really nice bullish setup forming in gold right now with an inverse head & shoulders pattern along with a bull flag. Given the bullish sentiment around gold now along with all the stimulus recently rolled out globally...it's hard not to throw all the chips in on this one. Look for an entry ~1,610-1,615 range with a tight stop loss...

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Hi All, The big drop in the S&P 500 dropped through support offering a good plan for both long and short positioning over the next trading week. Short Scenario: - Wait for a bounce to test the trendline. Most likely headlines will subside on the viral outbreak and the market will bounce accordingly. - Enter short position when price drops below the near...

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Entry @ 79.736 Target @ 82.00 SL @ 78.965

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Entry @ 71.90 Target @ 74.40 SL @ 70.675

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Logging my trade... Entry @ 1.6628 Near term target @ 1.674 Long term target @ 1.692 Stop @ 1.658

Days_Off Updated 

Logging my trade... Entry @ 1.25834 Target 1.29 Stop @ 1.2425

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Logging my trade... Entry @ 0.6972 Target @ 0.712 Stop @ 0.6935 A nice upward channel has formed with similar MACD divergence at the touch points on the lower line of the channel. Expectations of a weaker dollar should push this pair up to the target by early August.

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Logging a trade... Entry @ 2.30 Target 2.53 Stop @ 2.22

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Seems like a popular trade... I'm publishing this to log my trade. Entry @ .89771 Target @ .86836 Stop @ .90627

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Logging a trade...forgot to hit publish! I entered at 81.381 Original stop @ 80.443 Target 84.75 I've since moved the stop to 82.10. Still safe to enter @ ~82.25 with a tight stop @ 82.10.

Days_Off Updated 

Enter ~1.81000, Stop at 1.84800, Close at 1.70; time frame close by end 2019.

Days_Off Updated 

Enter @ 2.66 Stop just below 2.61...good support at that level Close @ 2.77 Up trending channel with a solid support level just underneath. If channel breaks, look to add at ~2.615 with a stop close below.

Days_Off Updated 

Short entry over next day or two with short range target around 0.884.