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The Golden Profits Prophecy is True: EURUSDTHE GOLDEN PROFITS PROPHECY: 09.05.18 Price has hit a Resistance Level with FOUR RE-TESTS ON THE PAST. Wait, let me check my not... THE PROPHECY* It is "said" that price will rush down towards the 1.15671 level. Therefore, you can already decide as to whether place a position or not. Furthermore after it hits the retracement level, price is going to return to a small resistance above it , where you guys can choose to add a new Short position. After that, price pretends to continue its advancement towards the KEY RESISTANCE LEVEL, at 1.15259 . - ENTRY: 1.16190 STOP-LOSS: 1.16443 FIRST TARGET (or you can choose to let your position on) : 1.15671 SECOND AND FINAL TARGET: 1.15259 - It's what the prophecy says, I'm just spreading the words. . . . . DISCLAIMER: No religious assessment was made in reality. In this case, saying "prophecy" is just a friendly-joke and therefore these words did not come from a certain god.
Short
by jwhappy
DXY Dollar Index Next Trade Point Monday: Buy Dip back to 95.53 DXY Dollar Index The dollar broke above the 95.53 line on Friday on DXY chart and surged to within 4 pips of the next line at 96.49 by the end of the day before halting. It's a little overbought and should come off from here back to retest the 95.53 line before rallying once again. At some point fairly soon it should go on to break above the 96.49 line and move up to the next line of resistance at 97.83. This chart is usually the best confirming indicator there is for timing tops and bottoms across the Dollar pairs.
TVC:DXYLong
by sumastardon
3
EURUSD Breaking Bad - Look to Short the next counter-rally EURUSD EUR broke important support at the 1.15088 line on Friday and then collapsed in a near straight line towards the next line of support at 1.13679, after making a low 19 pips above here so far. All these lines on DXY and Gold and here too are weeks old and none of these charts have had to be updated or amended....showing how slooooow most markets are compared to Bitcoin, which needs updating every day and somettimes more. There's a lot to be said for the quiet life. Bitcoin is Formula 1 full-on - or used to be : ( Everything else is so sloooow in comparison. Still believe that Bitcoin provides the best training ground for trading across multiple markets - but they require way more patience usually, that's all. The break on Friday looks like the prelude to bigger a break-down which should take EUR back down to 1.0855 and potentially as far back as 1.0490 through the Autumn/Fall period. In the very near term the nearest support potential lies at 1.1367 and extends down to 1.1316 which should create a counter rally back to the 1.148-1.1508 range at best before it falls away again - it may be quite dramatic when it does. Look to short the counter-rally with stops just above the 1.1532 level by a few pips. Can use the DXY chart as confirmation. TP 1 1.1118 TP2 1.0855 TP3 1.0490 For fastest updates in real-time please see Global Markets link at top left of main page.
Short
by sumastardon
3
DJIA Dow Jones Industials - Beware the Head and Shoulders DJIA Dow Jones Industial Average Futures: DJIA1! This was a great short overnight on the break below 25257 line for a fall to the next line at 25094. It fell to this level exactly. Perfect, technically speaking. It should now make a rally attempt back as high as 25245-25257 range at best before it falls away again. This price action would also form a head and shoulders on this index with a 451 point downside target at 24643. Interestingly there is already fixed support waiting for it at the 24641 line. Look to short the counter rally and if this fails from lower than we ideally want it to will have to short on a break lower than 25080 with stops at least 30 above. *For fastest Updates on major markets in real-time through the Summer holidays please check link at top-left of main page. Be lucky !
OSE:DJIA1!Short
by sumastardon
1
Watch out for falling objects.So here we are almost near the end of consensus 2018, and the situation is looking rather grim from my perspective. We've now had a run-up to 10k and denied, hit 9500 and denied, hit 9k and denied - now we're at 9200ish at the point of writing this and I cannot see a situation in which any of this is bullish. The market has taken multiple sustained hits and hasn't recovered an iota - the sentiment has remained bullish on the fact that I think people have made easy money for so long that they cannot envision a situation where this can get any worse and are waiting at the door for the slightest bull case. So my projection looks like thus: Scenario 1: Looking at my favorite indicator on a 6-hour scale this is going to cascade more then likely into 7800 within the next 24 hours and will begin what i believe is the panic portion of the classic bubble chart. I find trader sentiment heavily based in denial and I think this is only going to feed that trend. An inability to hold 7800-8200 means in my opinion 7500 is next. Scenario 2: (Extremely highly unlikely) Bullish, we bounce in the next 6-12 hours to revisit 9k, and then have a panic drop. I cannot see this from any point other then it fits into the lines.
BITSTAMP:BTCUSDShort
by Wolfofbitstreet
1
6977 could be our bottomya boi just learned trend based fib retracements and i was practicing on a coinbase chart for BTC and saw this. ..so yeah. short into long might be a good play here, however the price is respecting that trend line that a lot of people are looking at... So in other words. The market is exactly at a point where reckless longs and shorts will get absolutely R E K T. If you play these levels be careful, set your stops near previous local highest highs and lowest lows (depending on your trade. local highs for shorts, local lows for longs.) set a buy order somewhere around 6977 for potential fun times for the next week 6950 if you're trying to 100x catch a knife/be a hero (not recommended) 6890 super safe for liq's super greedy for a buy, you may get missed. OR you may have bragging rights for the next year. Don't listen to me at all if you have any doubt whatsoever in what i'm saying. Trade your plan, and, once you're in it stick to it. much love. don't get rekt.
COINBASE:BTCUSD
by PatrickOuch