Price is at a point of confluence. The long time trend line is crossing the horizontal support, where price is showing preliminary signs of rejection. A break above the previous 4H candle high , and a close, would signal buys, in my view. What are your thoughts? Leave me a comment, kif you would. Thank you!
Waited all week for this one. Another Weekly Outlook setup. Had actually given up on it yesterday out of frustration. Valid.
Entered on Tuesday, May 4th. A little patience and discipline, and we can end the week on a winner! Congrats to those that followed the trade! Drop me a like, and a comment! Enjoy your weekend, my friends!
Hit the final TP on NZDJPY! Congrats to those that followed the trade! Have a great weekend!
The blue line is TP1, something I failed to mention in the previous video. This is an update to that video. Price is already heading towards TP1, after breaking the resistance as expected. Let's see how this goes! Questions, concerns, or agreements in the comments section, please. I do want to hear from you!
It is NFP Friday. Not a good time to trade. Better to sit on the sidelines, as things can be weird in the markets. But... nothing wrong with entertaining ideas!
After every impulse, comes the correction. Gold has done both. Now we expect the next impulse to follow. This one could take us pass the point of the pullback to the Feb 2020 highs. Let's wait for a daily close above the resistance level, and maybe we can collect some good pippage. What do you think? Am I crazy? Or am I on to something?
Bitcoin made a strong bullish move today. Now its at resistance. What now? Did we hit bottom already? Is there another down move coming? I'm taking a good look at it.
Updating the Monthly level of resistance. Just keeping you informed!
Looking now for confirmations for a valid long entry. 3 confluences of support at circled area, overextended market, 786 fib level and S1 monthly fib pivot. The 200 EMA is there acting as dynamic support, as well. Seems like a good level to go long from. Aggressive entry is now, at market. A safer entry is to wait for price to break resistance at...
Break and retest. The wick to the body is the zone. I hope you were able to catch this. Let me hear from you if you caught this or have questions!
Looking for a BRT (break and retest) here. Watch and wait for bullish price action at the support level. Always enter after confirmations of bullish price action. A bullish engulfer, an evening star, a hammer, a full bodied bullish candle that breaks minor resistance, etc. Let me here from you in the comments! Like and subscribe, people!
Waiting for EURUSD to pullback and test the most recent high. Tell me what you think!
Almost home. Not going to play around with a pullback at this point. Moved SL to just under 1H candle. +140 pips on this one! We'll see if I can get a few more, or take the SL hit and enjoy the profits! "Secure the bag!"
I love it when a plan comes together! Congratulations to those that followed the trade! Woo-hoo! Please leave me some feedback! Share your screen shots if you are on this EJ Train!
Let's see what price does here. There are confluences of support at the current location. I'm excited to see what the reaction may be. There are lots of analysts predicting further movement to the upside. I am leaning south, but I will explore both possibilities.
Smashed TP1! Congrats to those that followed the trade. Let me hear from you in the comments! Thank you!
4H entry, Stochastics in OVS, price has already hit the W support, the M Pivot, the fibonacci 50% level, and the 200 ema. Two confirmations are there. Let's see how this goes.