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Showing posts from June, 2016

Is this the end of the $Silver bull?

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Ok $Silver, this is the big test. Make or break!  Fail at this 4h-trendline?

The $DAX after #Brexit

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This is short and simple. Ouch, what a bearish reversal after the #Brexit vote. Looks to me like and the assumption will be that the bottom of either the blue or red channel is in play as target. * All ideas expressed here are my personal opinions and for entertainment purposes. This is no trading advice. 

Where to $EURUSD?

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Last Thursday $EURUSD delighted me with a picture perfect touch of an up-trending line. So what's next? Let's look at the situation. After last weeks rejection below 1.1150 it has shot up with vigor. Trending currently in nowhere land closely above and below trendlines, I will wait for further clues to find entries. A retest of 1.1350 will possibly offer an opportunity. If that trendline breaks though, EUR bulls are in control with a lot of upside potential.

$DAX looking horrible

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In my humble opinion, the $DAX looks horrible. Combined with the continued outperformance of the American indices which has to stop some day, I see potential for a landslide. Looks like its turning down on the weekly and an extension to the downside could fall faaaaarrr... The weekly: The daily: * All ideas expressed here are my personal opinions and for entertainment purposes. This is no trading advice. 

Oil on a run...for how long?

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I think Brent could run into some trouble. #CrudeOil #Brent

Will silver bulls return?

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$XAGUSD has been correcting for several weeks now. Will the uptrend line provide support?

$USDCHF bullish again

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After weeks of bearish action $USDCHF has again turned the corner. Here the monthly chart: Also on the weekly it has broken the downtrend. Edit on June 6th: This one retraced a bit too quickly...what is it? A chance to stack up some more longs or is this totally blowing up in my face? * All ideas expressed here are my personal opinion and no trading advice.