FxProfiTrader - Daily Signal and Commentary

[Fxprofitrader.com]

Hello traders,

Here I talk about trading opportunity, prepare trading signal/scenario on Forex market and Stock market. My strategy is very simple and minimal, I dont want to complicate with any other complicating stuff. I love to have clean graph. Usually I dont need nothing for taking strong trade setups, but occasionally I use Bollinger Band, its a very good and strong strategy.

I have to mention, I am very discipline trader and I am taking only the strongest trade setups.

My moto on trading is: »less is more« so I trade very rare and only the stronges trading signals.

Regards,

FxProfiTrader

 

[Fxprofitrader.com]

Hello traders,

my first scenario here on earnforex.com

Buying opportunity on DONNELY R R & SONS CO

On this stock we have very strong pattern. We have izverse head and shoulders pattern and now daily candlestick finally break above neckline. You can go long now, because the price was break and close above nekcline which acts now as a support line. You can see the line chart is also break above resistance line.

• Entry long around: 17.50/17.60
• Target around: 19.40
• Stoploss under: 16.70

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If you have some question, please let me know.
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[Fxprofitrader.com]

Buy COSTCO (COST US)

On this stock we have triangle pattern. This is a strong pattern. Price was tested resistance line from the triangle and now finally break above resistance line. This is a strong trade setup if you trade breakouts. You can go long today at level 164.30 if we break yesterday`s candlestick and set stoploss under 161,50 level, target is 169,30/169,50 or you can wait 50% retrece yesterday`s candlestick and buy there on level 162,90/163,00. Stochastic is also on overbought area.

• Entry long around: 164,30, second scenario long at 50% retrece yesterday`s candlestick 162,90/163,00
• Target around: 169,30/169,50
• Stoploss under: 161,50

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[Fxprofitrader.com]

Sell GOLD XAUUSD

The price is on strong resistance line (before support), which was break on 23. November 2016 and now finally retest this broken support line which was act now as a resistance line. On resistance line is creating strong trade setup Dark Cloud Cover. This is a serious trade setup and you can go short today.

But be very carefull today. Today we have on schedule

• - ECB Press Conference at 14.30 o`clock
• - Fed Chair Yellen Speaks at 20.00 o`clock.

My personall rule is "Dont trade on special event". But hey this is me, you dont have this special rule. 🙂

• Entry short: 1201.00
• Target around: 1120.00
• Stoploss under: 1223.00

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[Fxprofitrader.com]

Buy NZDJPY


Its a range from 20. December 2016 and now daily candlestick finally break and close above resistance line of this range. This is a very strong trade setup if you trade breakouts. If you look at the chart, daily candlestick was tested this resistance line several times and now finally break up.

And here is a vierw with Bollinger Band. I like this pattern, because chart was on squezze to and now finally break up this squezze. This is a continue signal. Daily candlestick is break up range/squezze and also touch Bollinger Uper Band. This is a very strong and reliable signal. This is a good buy opportunity.

• Entry long around: 82.50/82.00
• Target around: minimum R:R =1:2 or higher
• Stoploss under: 81.50

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[Fxprofitrader.com]

Buy INTERCONTINENTAL EXCHANGE INC. (ICE)

This is a stock from futures market Intercontinental Exchange, which have NYSE market in possession. This stock is now 1 Month in range from 56,00$ – 57,80$. Before range we have nice up trend. If we break above this range, then we have nice buy opportunity.

So, if you aggressive trader, then you can go long if price go to the 57,75$/57,85$ level. If you are less aggressive then you can wait if Daily candlestick closed above resistance line of this box and you can go long tommorow.

• Entry long around: | long 57,75$-58,85$ – aggresive trader | |wait if daily candlestick closed above resistance and buy then |
• Target around: 60,00$
• Stoploss under: 56,65$
  
  

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Good luck!

Remember: you trade at your own risk!

 

[Fxprofitrader.com]

BROOKDALE SR LIVING INC

BROOKDALE SR LIVING is a stock of American company which operate with home of seniors. After strong growth, its now last two weeks correction and yestarday`s candlestick is nice buying opportunity. So, if you trade correction after up trend, now you have a chance to buy this stock. Price was tested support line 14,40 $ 4 times. This is a strong support now.

You can go long today at level 14,95 $ – 15,00 $ if we break yesterday`s candlestick and set stoploss under 14.35 $ level, target is around16,30 $ – 16,55 $.

• Entry long around: 14.95 $ – 15.00 $
• Target around: 16.30 $ – 16.55 $
• Stoploss under: 14.35 $

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Good luck!


Remember: you trade at your own risk!
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[Fxprofitrader.com]

Buy SILVER

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On Silver we have range since 14. November. Price was tested resistance line 10 times (blue Horizontal line). On daily chart now finally break resistance line and daily candlestick close above resistance line. This is a strong trade setup, if you trade breakouts. The Bulls are strong now.

If you look the chart with Bollinger Band, then you can see daily candlestick was break above resistance line and also touch Bollinger Uper Band. This is a very strong trade setup.

You can go long and set stoploss 0,10 $ under Tuesday candlestick, or set stoploss under Friday candletick on safer zone. Target is 19,00 $ level.

• Entry long around: 17,54 $ – 17.34 $
• Target around: 19,00 $
• Stoploss under: 16.95 $, safer stoploss under 16.55

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Good luck!

Remember: you trade at your own risk!
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[Fxprofitrader.com]

BUY BAIDU

On this stock we have triangle pattern with blou. This is a strong pattern. Price was tested resistance line from triangle several times (5x) and now finally break above resistance line. This is a strong trade setup if you trade breakouts. You can go long today, set stoploss under triangle which represent level 172,20 $ and set first target around 185,00 $ level and second target around 194,70-195,00 $ level. Second level is a very strong resistance line. Daily candlestick is very strong and this is strong breakout of this triangle.

Now my scenario is; you can wait at least 50% correcion of this big daily candlestick and you can go long then, when the price retest 50% of this daily candlestick, which represent level 177,10 or you can wait for retest resistance line (uper T/L of triangle), which act then like a support line.

• Entry long around: 177,10 $ – 177,30 $
• Target around: first target 185,00 $ second target 194,70-195,00
• Stoploss under: 172,20 $

BAIDU BiGGER PICTURE

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Good luck!

Remember: you trade at your own risk!

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[Fxprofitrader.com]

BUY STOCK 3M

Look at this chart. Price was break above strong resistance line and closed above resistance line too. Now let me introduce my trading signal.

You can see on the chart the price was tested many times (at least 7 times) this resistance line (blue line) and now finally break and close above this resistance line. This is a strong break and perfect trade setup, if you like to trade breaks. For me personally this is a good setup. I am waiting for break above this resistance longer than 1 Month. So I can go long tomorrow when New York stock market open.

So my scenario is, you can go long tomorrow when New York stock market open, or you can wait for at least 50% corrections of today candlestick, which represent level 180,20 $ level, or you can wait for retesting this strong resistance line, which act then like a strong support line. You can set stoploss under break candlestick which represent level 178,90$ or you can set safer stoploss under 176,60 $. Target let be open or you can wait for strong reversal, some Bearish engulfng or Dark Cloud Cover.

This is a strong trading pattern and I think this stock now have very good option to going up on new highs.

If you look at the stock index SP500i, then you can see how good its working and all downs/falls are new buying opportunity.

I always saying to my trading buddy, when stock index SP500i or German 30 or any other stock index fall, then you can look how to buy index.

Well If you look at the bellow picture, then you can see how its price already break above line chart.

And if you look at the bellow picture with Bollinger Band, then you can see, how the candlestick is break above strong resistance line and also touch Bollinger Uper Band.

This is a serisous perfect trade setup.

• Entry long: from 181,00 $ – 180,20 $
• Target around: 19,00 $
• Stoploss under: 178,90 $ risky, more safer under 176,60 $

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Good luck!

Remember: you trade at your own risk!

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[Fxprofitrader.com]

BUY HALCON RES CORP

Same chart pattern like yesterday`s. Price was consolidate under resistance line. We have to wait for break above resistance line.

You can see on the chart the price was tested many times (at least 5 times) this resistance line (blue line) and I think the price was prepared for break up above resistance line. I want to warning you to prepare for this breakup. I dont want you to miss this trade setup.
So my scenario is; you have to set buy order on 9,60 $. In case if price break up so strong and then you dont have to chance to buying this stock. I personally think the price was going up, because US stock index going up with the baloon without asking.

Bulls are strong, Bears dont have a chance right now on stock indexes! If you already in some position just hold the position until you dont see strong reversal candlestick and I personally think the strong reversal candlestick its not be enough for 180-degree turn. We need something more, maybe some fundamental news or something else. We will decide when we see some strong reversal pattern, before that we just stick to plan.

• Set buy order on 9,60 $
• Target around: 11,20 $
• Stoploss under: 8,00 $

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|| The stock market is a device for transferring money from impatient to the patient.|| Warren Buffet

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Good luck!

Remember: you trade at your own risk!

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