phillo
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Posts posted by phillo
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this site gives some useful econ analysis 7 a very comprehensive econ calendar ( under the death by china article ) https://e-markets.nordea.com/#!/article/47862/week-ahead-death-by-china
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some TA videos etc enjoy https://artoftrading.net/trading-education
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they are doing a FREE Trading Webinar if anyone's interested : Link here -> https://register.gotowebinar.com/register/2519699516497885698?mc_cid=5e4aa2686c&mc_eid=802d39e40a
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Swap Zones , a battle between buyers and sellers sometimes happen halfway on a trend . If you see one developing , put your fib on , so the zone is @ the 50% level & then look for price to extend to 100% . Please note , as usual, this is NOT guaranteed, but useful to look out for. Here's one that just happened
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@Caseynotes I do like to look at 0 -50-100 % levels , they work so well on a lot of things. The 50% level can sometimes be identified as a "swap zone" where buyers & sellers battle for control ( can be seen by when price moves strongly in one direction , stops and reverses a bit before resuming the original trend) . Here's a BIG picture of crude oil showing some historic price zones
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yep @Caseynotes something similar here
Gold Heading For 1276.61
in Commodities
Posted
1276.5 target seems to make sense