Posts

Dollar Bulls Try to Push Higher + US Oil Long Trade Setup

Dollar Bulls Try to Push Higher + US Oil Long Trade Setup

, ,
After bears took the Dollar past below 92.750, bulls in the market are trying to respond. Meanwhile, US Oil (Crude) prices look to rebound higher back to the yearly high. The Dollar suffered immense bearish pressure during the London session…
USDCAD Looks to Head Lower and US Oil Targets Yearly High

USDCAD Looks to Head Lower and US Oil Targets Yearly High

, ,
The Dollar is looking bearish to start the week and as a result, USDCAD is also looking to head lower. Conversely, US Oil is gearing up for a rally to this year's high. Traders should expect the Dollar to revisit 92.00 at some point this…
US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup

US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup

, ,
Crude oil (US Oil) prices are down 2.50% for the day as bears look to visit $70 per barrel. Conversely, USDCAD is looking to push higher as Dollar bulls pick up momentum. After attaining $77 per barrel, bears were able to take price in a…
US Oil Hits First Target + AUDUSD Intraday Trade

US Oil Hits First Target + AUDUSD Intraday Trade

, ,
Price action traders who entered long for Crude (US Oil) have reached their first target of +50 pips. In the meantime, AUDUSD is looking to provide an intraday short based on the hourly range. Yesterday, Oil was able to set a new high for…
US Oil in Further Profits + Gold Longs Set for Entry

US Oil in Further Profits + Gold Longs Set for Entry

, ,
The Dollar is continuing its push lower which it started after last Friday's Non-Farm Payroll release. With that move in mind, traders could see Oil surge into further profits and Gold longs develop. Price action traders were able to enter…
This is the real secret of life - to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play.

Crude Oil Trade in Profit + Gold Longs Delayed Until Next Week

, ,
Despite bullish ADP and Non-Farm Payroll numbers, the Dollar has it's being pressured by bears once again to close the week. Oil longs are in profit and Gold is looking to give traders entry next week. For much of the week, price action traders…
Dollar Prints Doji + Gold and Oil Longs for Next Week?

Dollar Prints Doji + Gold and Oil Longs for Next Week?

, ,
The Dollar ends the week off in indecision as price prints a doji candle. It seems to be a real possibility for traders to long both Gold and Crude (Oil) next week as both commodities approach this year's high. For the past four weeks, the…