Weekly Andrews Pitchfork chart $GBPUSD

Posted by Alex on  May 12, 2018
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Category: Blog
On this weekly chart, we are drawing Pitchfork channels on GBPUSD. On the monthly GBPUSD chart, we can see that the pair has reversed from the 1.4400 level of the horizontal upside resistance and is testing the 1.3476 level also the median line of the Pitchfork downside channel. This is
SP500 price action technical analysis

Will we see the risk off market? $SPX top-down technical analysis

Posted by Alex on  May 7, 2018
Comments Off on Will we see the risk off market? $SPX top-down technical analysis
Category: Blog
The monthly S&P500 chart reveals an impressive 2009-2018 bullish trend. Near the 3000 level traders are trying to find a top in US stock market and eventually a risk-off market environment to come in the next days and weeks. We will use again our top-down trading analysis to get to

Cryptocurrencies overview

Posted by Alex on  May 7, 2018
Comments Off on Cryptocurrencies overview
Category: Blog
Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is pulling back to a broken downside resistance now acting as a support 640-680 zone. This zone needs to hold for the upside continuation higher. Look for the reaction here.   Bitcoin –

Weekly Andrews Pitchfork chart $EURJPY

Posted by Alex on  May 5, 2018
Comments Off on Weekly Andrews Pitchfork chart $EURJPY
Category: Blog
On this weekly chart, we are drawing Pitchfork channels on EURJPY. On the monthly EURJPY chart, we can see that the pair has reversed from the uptrend Pitchfork channel median line 150 level and has tested and bounced off the 110 level Pitchfork channel support line. The weekly chart is

Trade alerts $EURUSD pending sell stop order 05/03/2018

Posted by Alex on  May 3, 2018
Comments Off on Trade alerts $EURUSD pending sell stop order 05/03/2018
Category: Blog
Streaming trade alerts for members only. Trade management and positions updates included. Trade alerts are for members only and they are also shared on the Private twitter feed. RECOMMENDED SL 1.20010 RECOMMENDED TP 1.15840 EURUSD PENDING SELL STOP ORDER EURUSD sell stop order  at 1.19380 Recommended lot size 0.50 You
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