Community
Blog
Daytrader21's Blog

Daytrader21's Blog

Avatar

Gold - Long Term Trendline

Daytrader21 Updated 9 Mar.  in #Trader's blog #Business Cycle #Gold #Emerging Markets #Us Dollar #Trend Line #Deflation #Bearish Seasonality

Gold was trading to the downside quite nicely over the last few weeks, after we managed to put in place a top around $1300 level, this level was suggested as a possible top on my last update about Gold which you can find it here: Gold Down- Channel
Despite all the geopolitical tension, the Greece debt crisis, ECB QE programme and many other factors, Gold couldn't find a bid in the market and that's reason enough to conclude that the current bearish trend is still reinforcing itself and Gold is …
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
orto leave comments
Avatar

Gold Down-Channel

Daytrader21 Updated 26 Jan.  in #Trader's blog #Inflation #Gold #Snb #Deflation #Channel #Momentum #Downtrend #Seasonality Pattern

Last time I was speaking about Gold it was trading near an important inflection point, see more here: Gold Inflection Point
Even thought I was drawing the point that the probability suggest we should continue lower, I have also been advice if we broke the trend-line that connects the 2012 highs we should take the breakout with a long position. The initial breakout lack momentum but only after SNB decision to abandon the 1.2000 EUR/CHF floor, Gold started to gain momentum.
…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
SalviLeana avatar
SalviLeana 26 Jan.

Great job :)

Daytrader21 avatar
Daytrader21 26 Jan.

SalviLeana Merci bien :)

Olga18375 avatar
Olga18375 31 Jan.

Good luck!!!

orto leave comments
Avatar

EUR/USD Long Term View

Daytrader21 Posted 7 Apr.  in #Trader's blog #Ecb #EUR/USD #Interest Rates #Fed #Us Dollar #Deflation #Easing #Fractal
Last time I've spoke about EUR/USD was on my latest webinar, that I had to do after coming in the second place in Article contest, and I spoke in more details about the chart I posted in this blog post: FED tappers Effect
Although the chart I posted suggested you should go long EUR/USD, the trade was only good for 100 pips, but on my webinar I've said that we also need a weekly close above 1.3800 which we have not, so that trade was invalidated but still you could have made 100 pips.
Also , my s…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

5 Comments
Metal_Mind avatar
Metal_Mind 7 Apr.

Uuuuu.....this is one comprehensive analysis. Well it definatly looks hard for the euro to break the barier.

Metal_Mind avatar
Metal_Mind 7 Apr.

The us dollar index  looks almost to good to be true...but who know, i will definatly keep it on my radar waiting for the big move. Thanks buddy for the great insights.

Daytrader21 avatar
Daytrader21 7 Apr.

Thanks buddy, you're right timing is very important on this one

Berkeley avatar
Berkeley 7 Apr.

I can't get enough from your blog posts! Impressive work here!

Daytrader21 avatar
Daytrader21 7 Apr.

Berkeley you da man, Thanks for your good words.

orto leave comments
Avatar

ECB Monetary Policy Statement

Daytrader21 Posted 3 Apr.  in #Trader's blog #Ecb #Cpi #Inflation #Monetary Policy #Interest Rates #Mario Draghi #Deflation #Easing #Dovish
This is definitely the most awaited ECB meeting since awhile. After weaker EU inflation reading, the CPI figures came in worse than expected at 4 years low, at 0.5% and is well below the ECB's 2% target. Although ECB may feel some pressure as inflation hits new lows, I'm not sure if ECB is going to easing or not as there is no clear view if they are
ready to act and tame down deflationary pressure.
ECB is pretty stationary when it comes to the perception of his monetary policy standing.

A…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

1 Comments
Convallium avatar
Convallium 3 Apr.

            You always write good and useful things! thank you, Daytrader21!

orto leave comments