All charts/ideas based on UK time zone
- #6,643
- Mar 10, 2020 5:57am Mar 10, 2020 5:57am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,432 Posts
Looking for profitable short term trades ...|
- #6,645
- Mar 10, 2020 6:18am Mar 10, 2020 6:18am
The anatomy of a perfect short trade. 
- In an area of previous commercial selling activity (green box)
- High volume up candle that gets reversed indicates commercial seller.
- Retest of the high on lower volume with a spike in volume as it tests through the high and get stopped again.
- Value to the downside.
Boxing clever since 76.
- #6,646
- Mar 10, 2020 6:22am Mar 10, 2020 6:22am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,432 Posts
Looking for profitable short term trades ...|
- #6,650
- Edited 12:47pm Mar 10, 2020 12:37pm | Edited 12:47pm
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
I think 35.84 could be a target if the chosen ones are in 
Very sensitive to news atm but 32.08 is the prop for now imo
Very sensitive to news atm but 32.08 is the prop for now imo
All charts/ideas based on UK time zone
- #6,651
- Mar 10, 2020 12:52pm Mar 10, 2020 12:52pm
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
All charts/ideas based on UK time zone
- #6,652
- Mar 10, 2020 1:25pm Mar 10, 2020 1:25pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
{quote} Agreed, not touching the market for the risk of being trapped... Plan to jump on the BUY side as soon as the situation will appear to stabilise a little and that the UP-trend begins... But this RU's statement where they basically say "come at me bro (25USD)" does not give me the confidence to jump on the BUY side just yet.
WAs quite good... Now awaiting to see where the market "wants to go" by the end of the week and will then start entering it next week, should parameters be satisfied according to my views Can you afford to take that chance?
- #6,653
- Edited 1:43pm Mar 10, 2020 1:31pm | Edited 1:43pm
- Joined Sep 2017 | Status: Still a total mystery | 3,569 Posts
Yes, but you know, we never know how they will react... Maybe the west would be much more predictable, at least have been so far, at fraction of that news.. we would already "know" what follows, the standard: rates, stimulus etc... But with RU, you never know.. they even said basically "come at me bro" just yesterday So the market now waits if they will do what they claim or fold. Or let me put it other way around, market not sure if it would even call the bluff My views anyway!
I myself will wait for the NEXT BUY opportunity, but definitely can not afford to be BEAR trapped, remember, it is Russia, they are not afraid of the BEARS, bears are afraid of them They live with them... A little joke/pun (love them all, was just stressing that we should not assume anything
, so just saying ). So awaiting to either JOIN/JUMP (on) the BULL ride or I am OUT of this market at this prices... Just can not afford to take that chance of SELL right now, at this prices, this time of the year, at current eco-health conditions etc... 2 modes only for me, for the whole MAR at least, BUY or "not trading"... So let's see what happens by the end of the week and maybe 1-2 trading days of next so that I can form at least some picture of all this... TBC
So the market now waits if they will do what they claim or fold. Or let me put it other way around, market not sure if it would even call the bluff My views anyway!I myself will wait for the NEXT BUY opportunity, but definitely can not afford to be BEAR trapped, remember, it is Russia, they are not afraid of the BEARS, bears are afraid of them
They live with them... A little joke/pun (love them all, was just stressing that we should not assume anything, so just saying ). So awaiting to either JOIN/JUMP (on) the BULL ride or I am OUT of this market at this prices... Just can not afford to take that chance of SELL right now, at this prices, this time of the year, at current eco-health conditions etc... 2 modes only for me, for the whole MAR at least, BUY or "not trading"... So let's see what happens by the end of the week and maybe 1-2 trading days of next so that I can form at least some picture of all this... TBC
Can you afford to take that chance?
- #6,655
- Mar 10, 2020 1:58pm Mar 10, 2020 1:58pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #6,658
- Mar 10, 2020 3:04pm Mar 10, 2020 3:04pm
- | Joined Apr 2018 | Status: Trader | 1,732 Posts
{quote} Yes, but you know, we never know how they will react... Maybe the west would be much more predictable, at least have been so far, at fraction of that news.. we would already "know" what follows, the standard: rates, stimulus etc... But with RU, you never know.. they even said basically "come at me bro" just yesterday
Chart observation only...very sensitive to news
All charts/ideas based on UK time zone
perfect timing...
US is the largest oil producer.
OPEC+ cutting production =
for US producers (high price, US don't cut production)
Then the virus (just coincidence), as economy downturn trigger. Some trigger not related to OPEC+ was necessary as an excuse.
Then no OPEC+ agreement (another excuse).
And oil price war.
Let's see who will survive...
US is the largest oil producer.
OPEC+ cutting production =
for US producers (high price, US don't cut production)Then the virus (just coincidence), as economy downturn trigger. Some trigger not related to OPEC+ was necessary as an excuse.
Then no OPEC+ agreement (another excuse).
And oil price war.
Let's see who will survive...