Good morning traders, EURUSD is building a bullish structure while above 200 MA daily. First resistance level is 1.10 and once broken, open targets to 1.20 STOP below 200 MA 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis...
Good morning traders, Silver is almost ready to have a long term bearish break. Consider long positions while 23 level 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when trend is...
good morning traders, There´s a Wolfe Wave pattern on SP500 , and despite the downtrend in 2022, I expect a bullish breakout,´ Only below 3900 bulish scenario is cancelled Fundamental reason supporting the decision is primarily inflation: peaked on June tradingeconomics.com Josep Pocalles
Good morning traders, Opening short this week if remains below 53k level (Stop Loss) Roughly target at 36600 Have a great week 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high . 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and increase exposure when...
Good evening traders, Aussie could be forming a Wolfe pattern, with bullish implications for the pair. We need to break the downside trendline to confirm the scenario 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a...
Good morning traders, It seems EURAUD is forming a bullish flag structure ? Impulse + Correction + Next impulse ? Target is open and SL @ 1.462 From the fundamental perspective, Australia Inflation eases to 1.9 % so it supports the idea of a weaker AUD 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high .,...
Good morning traders, EURGBP broke the bullish trend after a double top . While below 50 MA (4Hrs) the probabilities are in the downside. I´m entering short at market with SL 0.882 . Target open and will trail stop 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3....
Good morning traders, Sad start of the week, with another terrorist attack in London. Stand together. This is added to the conflict in Middle East , Qatar breached diplomatic relations with its counterparties in the gulf region, presumably due to support of terrorism. Reviewing military-related stocks, they are very bullish. Is this drums of war symptom ? Or...
Good morning traders, USDCAD formed a H&S patter and broke down the neckline. I´m entering short at current levels with SL @ 1.345 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple...
Good morning traders, There´s a possibility of a recovery in USDCHF . From the technical standpoint, the pair held above 200 MA and also outside descending wedge . Target is 1.005 and SL 0.99 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a...
Good morning traders, I´m attempting a short @ market with SL 2305 . There´s also a possible formation of Wolfe Wave Pattern to be confirmed if price remains below all time highs around 2305 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist,...
Good morning traders, USDJPY seems ready for a correction, after formation of double top. We should see 114.335 in the next few days 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple...
Good morning traders ! First of all Happy New Year ! There is a potential harmonic pattern on US Dollar Index, so I´m expecting a retracement till 98 area. Please feel free to comment or thumbs up if you like it 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think...
Good morning traders, EURGBP seems ready for a short term rally, There are 4 arguments : Ascending Trend Line >200 MA 4 consecutive days > 0.833 H&S formation ? SL @ 0.833 on a daily close and target of 0.86 area 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3....
Hello traders, Considering a correction in stock market after Xmas rally, seems interesting a short in EURCHF while holds below 1.075 and below Keltner channel 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4....
Good morning traders, There´s a potential short opportunity for USDCHF. The initial target should be 0.995 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a technician . 4. Keep your analysis simple 5. Start small and...
Good morning traders, Is DXY ready for a correction ? I think yes unless US Dollar index breaks and close above 101.5 However I´m sitting on the sidelines till breaks up or down the triangle, 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a...
Good morning traders, USDJPY formed a bearish butterfly pattern. I´m entering short at current levels with SL above 115 and 1st target at 113.15 and second target of 111.4 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit 3. Think like a fundamentalist, trade like a...