[April 30th] Trade Report + New Analysis

Recent problems with Boeing's aircraft models present an opportunity to go short. Also in today's report: brand new analysis and updates on AUD/USD, Crude Oil, GBP/USD, and EUR/GBP.

Bi-Weekly Trade Report: April 30th, 2019 Richard Krugel | Price Action & Income NEW ANALYSIS: BA (Boeing) Boeing showed a strong earnings report on the 24th April 2019, but price failed to show some strength, which may be a result of the recent problems with their Boeing Max aircraft models. That drop lower from the all-time high, back in March this year, may just be the beginning of a deeper decline. If price can trade higher again, then it might trace out as a Single ZigZag OR simply go lower without that happening. There is also a gap that could be filled (red oval) within the same region than our selling zone and Fibonacci retracement levels. We will be willing to short BA within the 401.36 – 418.72 zone, but Forecast subscribers should only enter after receiving a confirmation alert in our private Telegram channel, to ensure entry criteria are fully met. UPDATES & OPEN POSITIONS: Crude Oil Our stop loss remains set at 67.45 until price reaches the 60.40 level. NEW SETUP: GBP/USD Price recovered after an initial sell-off yesterday, and is currently trading not far below our entry level. Forecast subscribers should wait for entry confirmation in our private Telegram channel. NEW SETUP: EUR/CAD We continue to wait for price to move higher and make it into our higher entry zone. WATCH-LIST: AUD/USD If AUD/USD creates a higher low, then we will use our pitchfork to try and find an entry level and provide you with an update. TRADE ENTRY & MANAGEMENT RECAP 1) Crude Oil (Active) Entry: Sold at 63.66  Stop Loss: Stop Loss at 67.45 Target 1: Buy Limit order at 55.60 Target 2: Buy Limit order at 48.00 Risk Management: Trail stop to 66.15 when price reaches the 60.40 level.   2) GBP/USD (Waiting for entry) Entry: Sell Limit Order at 1.2960 (Forecast subscribers should wait for alerts) Stop Loss: Stop Loss at 1.3020  Target 1: Buy Limit order at 1.2880 Target 2: Buy Limit order at 1.2820   3) EUR/CAD (Waiting for entry) Entry: Sell Zone between 1.5142 – 1.5180 (Forecast subscribers should wait for alerts)  Stop Loss: Stop Loss at 1.5300  Target 1: Buy Limit Order at 1.4945 Target 2: Buy Limit Order at 1.4600   4) AUD/USD (Watchlist) 5) BA (New idea) Entry: Sell Zone between 401.36 – 418.72 (Forecast subscribers should wait for alerts)  Stop Loss: Stop Loss at 433.60  Target 1: Buy Limit Order at 352.10 Target 2: Buy Limit Order at 308.70 Thanks for reading, that concludes today's report. Remember, what you saw in this bi-weekly report is just a fraction of my weekly analysis... You can learn about my Forecasting service below: Why Subscribe to My Trade Forecasts?   Five times a week, I publish in-depth forecasts of my exact trading plans. The daily reports look a lot like this one, but subscribers get access in their own personal dashboard, and they get ALL of my setups and analysis. I tell you exactly what the market is doing, how I want to trade it, and all of my entry, exit, and stop loss levels. I highlight 3-6 traders per week, and every trade I highlight will have the potential to generate at least a 150% ROI on your risk. Subscribers were even able to quadruple their accounts in just 8 months last year, and our trade log has the stats to back it up. So if you want five weekly reports like this one - but with all of my trades, analysis, and risk management, plus early morning access and a private Telegram channel for alerts - you can get started by clicking below: Click Here to Get 5 Weekly Trade Forecasts   To your trading success,

Please do not reply to this email. You may contact directly us at support@priceactionandincome.com. To make sure you receive our email communications, please add donotreply@priceactionandincome.com to your address book or whitelist us. Want out of the loop? Unsubscribe. 816 Ligonier St. Suite #401, Latrobe, PA, 15650 Important Disclaimer: Price Action and Income provides education. We are not trading advisers and we do not make suggestions to our visitors to buy or sell any particular commodity or security. The information on our website is based on personal opinions and is to be used for educational purposes only. Any actions you take based on the information on our website is to be at your own discretion. Trading Is Risky: Never, ever trade with funds that you cannot afford to lose. All trading investments (Forex, stocks, options, futures, etc.) are risky. Never trade with borrowed funds or your life savings. U.S. Government Required Disclaimer: Commodity Futures Trading Commission. Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.