There are a lot of talks last year about close bankruptcy of DB. Some charts were published which show similar character of DB drop to Lehman fall from hights of 2008. I don't believe in it. Not reason to prepare everyone for bunkruptcy of a Great Bank for a such long time. I think that we could see something really interesting here. Anyway, be very...
Not an idea. Just interested of traders feedback regarding probable move of DXY. Be carefully in all of your trades.
This idea is related with my Oil setup. I just have seen potential Flag here, and also AB=CD harmonical pattern is highly desired by me. Good luck in all of your trades!
I heavy believe in longs since Jan 2015 when Oil has almost broken 45 level. I have not seen any fundamentamal reason for such dramatical drop except some geopolitical changes in the world and redistribution of Energy assets. Moreover we have seen how oil has amost touched 70$ in May 2015 which has not been retested yet. There are many layots are possible now...
I see Gold to be very bullish in short-term period (few weeks). I suppose we could see 1480-1520 area here. This level is logical in both alternatives - Bullish or Bearish longterm perspective. Pay attention that this trade is going to be very dangerous! Momentum now is below the Moving Average - that could mean that seriously drop (1100-1150) without some...