VIP_Trading_Technologies

VIP_Trading_Technologies

Hi Folks Here's an updated view on this pair. We missed the target for just few pips since 1.20 and still patiently to hit it in the coming days. This accumulation area it is quite interesting because many people is expecting a strong bounce from here and most probably will happen just the opposite, hence the target has been replaced a bit lower to 1.09 to...

VIP_Trading_Technologies

Hi Folks: Here's an updated view on this pair. Shorts remain in control as per the previous trading idea. So far so good. SL placed at cost and peace of mind. Let's keep this going. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to...

VIP_Trading_Technologies

Hi Folks: With all the Covid cases growing non-stop worldwide and will all the involved travel restrictions and lockdowns, I believe the FED and BCE could reconsider their strategy and may extend their purchasing programs for a bit longer till the dust settles. If that's the case, Gold should start going up as the interest rate hikes may be as well postponed for...

VIP_Trading_Technologies

Hi Folks: After FED announcement I was expecting gold to go down, specially for the three rate hikes but so far still respecting the new ascending channel. We could be developping some short of HS pattern, currently the right shoulder. We traded slightly off the previous acending channel (see green parallel channel) and we break the inner descending channel as...

VIP_Trading_Technologies

Hi Folks: I was afraid of missing the reversal after we traded slightly of the descending channel but price went back again inside the channel edges and therefore business as usual. My target remains unchanged. STAY SAFE. Cheers ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That...

VIP_Trading_Technologies

Hi Folks: My target was achieved successfully, now I have adjusted it slightly and let's see what it is going to happen from here. In spite of the BOE decision seems that USD still attracts more people, perhaps because the economy is at the moment less affected by Omicron and other bearish fundamentals. Let's see how this plays out. STAY SAFE....

VIP_Trading_Technologies

Hi Folks: Everyone's thinking that price should be going up after an important correction, right? What the big players think though? Based on the failed reversal it all points to a new retest of the support line of the current desceding channel but let's not forget that this inner channel is trading inside another ascending channel, so we are going to face a lot...

VIP_Trading_Technologies

Hi Folks: Self explanatory idea on this pair. Hit the resistance trendline and go short. STAY SAFE. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: My target was 1.11700 and we hit 1.119. So far we are trading sideways in some sort of accumlation area that makes me think that we are going to continue falling further to 1.09 area and below. Fundamentally speaking the FED has indicated three rate hikes next year, first one as early as in March. EU has not indicated anything yet so it seems that USD...

VIP_Trading_Technologies

Hi Folks: Omicron threat is much higher than expected and started to ruin Xmas season to everyone, including those vaccinated. Oil demand will certainly be affected with all the rising mobility restrictions worldwide, mainly in EU and USA. EU accounts 80% of the cases to the new variant Omicron and Xmas cancellations are growing massively in travel...

VIP_Trading_Technologies

Hi Folks: When WHO expressed its concern about OMICRON variant it was quickly disregarded as its symptoms were considered mild in spite of its high transmission rate. Today the story is different. Vaccines are effective only slightly over 20% with 2 doses and around 60% with a boost dose (third dose). That's very low! Unfortunately that is terrible news for...

VIP_Trading_Technologies

Hi Folks: Yesterday's call was accurate and produced a wonderful profit in today's session. Channel was respected and worked flawlessly. Hope you joined the call. Stay Safe. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue charting for you.

VIP_Trading_Technologies

Hi Folks: Here's an update on the USOIL. We hit the resistance trendline of the current descending channel and unless we break it out due to some stormy news we should be going down again. EMA 100 has been a perfect resistance once again. Cheers. Stay Safe. ------------------------------------------------- Remember, if you liked this idea don't forget to...

VIP_Trading_Technologies

Hi Folks: The idea was adjusted and we were saved by few pips. Red line acted as a strong support and now seems going up. As long as we do not trade below the red line we will go long from here. Trading below then it will be better to follow the possible bearish outcome of the HS pattern shown in the chart and spotted long ago. We would need to close above the...

VIP_Trading_Technologies

Hi Folks: Nothing has changed much on this pair yet. My view remains unchanged. First target would be a break out for bulls and hitting the previous high and continuing to the purple arrow at 0.99 area. Failing to break out then will need simply follow the descending channel. Chances in my opinon are 80 for BULLS and 20 for BEARS, based only on observation and...

VIP_Trading_Technologies

Hi Folks: After hitting the resistance line we have pulled back slightly and then we are trying to reach the resistance trend line (orange line) since the previous All time High, a very long term resitance line. Being that close it looks like we are going to hit it, the magnet effect. As long as we keep trading inside both ascending channels the plan will be...

VIP_Trading_Technologies

Hi Folks: Here's an updated view on this pair. My opinion is that is NOT a double top and instead it is only a retest of the previous high. Target remains unchanged at 34.65. Stay Safe. Cheers. ------------------------------------------------- Remember, if you liked this idea don't forget to click LIKE and FOLLOW . That will encourage me to continue...

VIP_Trading_Technologies

Hi Folks: My target on this pair was almost achieved, few pips left, but the current consolidation at this level makes me think that we could have soon some sort of suprise movement for bears heading to 1.065. Currently trading below major EMA's on daily timeframe so we are still under bear's hands. USA is recovering much better and earlier than in Euroe so...