Blog  Month: December 2018

  • Blog
  • Month: December 2018
December 30, 2018 | 12:38

As I wrote in my last post on SPX500, the long-term momentum is bearish and the supply above is a great level of sell position for swingers or long-term forex traders, as we waiting For the price to reach the supply above, the price created a new fresh demand which is a great demand for a day […]

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December 27, 2018 | 12:16

The XAUUSD has a drop of  13$ yesterday, this drop created a fresh new supply above, this supply level also creates a Quasimodo pattern which considers as a very reliable one Among forex traders, the drop from yesterday also changed the short term momentum from bullish to bearish and it seems the price now tends to reach the demand below, I’ll wait for […]

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December 26, 2018 | 14:53

The USDJPY is after a- 350 pips of a downtrend,  as a forex trader I’m a big fan of Supply&Demand levels, I believe that it’s all about supply and demand, the supply above is a great Supply of sell position, it’s also a support resistance zone from the near past, and, it’s also the 61.8 […]

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December 25, 2018 | 12:58

As we all can see, the stocks markets all over the world suffering from what looks like a new crisis in the financial world markets, the last drop in the index creates a bearish momentum in all index at the long term (weekly chart), we all know that every crisis also creates great opportunities to […]

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December 24, 2018 | 13:49

USDCAD is a nice and long bullish momentum at the long term, for now, the CCI indicator is showing divergence on 4H chart, while the price creating higher high, the CCI creates a lower high which indicates that the bullish momentum is losing power, furthermore, the price is about to reach a supply level at […]

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December 23, 2018 | 13:26

As we can see, both SPX500 And USOIL are in a strong bearish momentum for the long terms, last week was the worst week for the SPX500 Index since 2008. SPX – the SPX500 index has just developed a bearish momentum that we can even on the weekly chart, the supply above can a great […]

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December 20, 2018 | 14:26

For the intraday forex traders, the EURUSD has created a great continuation demand of buy position, this demand has brokeout a supply level which we can see from the left, it indicates the demand is a strong and relaiable one, If the price return and hit this demand I’ll buy there, my target will be […]

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December 19, 2018 | 09:22

At the long terms, the USDCAD is bullish and seems on his way to reach 1.3620 zones, yesterday the price creates a new fresh demand that broke out The resistance zone from the past, that indicates on a strong and reliable demand level, I’ll wait for the price at this demand, and if the price […]

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December 18, 2018 | 14:02

The demand below is also the 38.2 Fibonacci level of the last uptrend, the combination of demand and fibonacci level together is a great one, if the price will hit that demand i’ll open buy position, my target for this position will be the last high which is the 100 fibonacci level. this position relevant […]

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December 18, 2018 | 10:20

As we can see the SPX500 is bearish now for the long-term. There are 3 scenario that i’ll wait for: 1 – The supply above is a great continuation level of sell position, if the price return to that supply i’ll sell there and my target will be 2480.00 zones. 2 – In case the […]

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