Hey Guys, Simple Idea. Either one more up and then Breakout, or directly breakout from the actual point. - Idea simple. O realiza uno más arriba para caer abajo o rompe directamente desde donde está. Carlos
Getting long bonds here via a net credit diagonal that I filled for a .01 credit. For diagonals and calendars, there aren't much in metrics to look at, since how much you make will depend on a wide variety of factors (i.e., IV, underlying price movement, etc.): Theta: 1.02 Delta: 7.24 Notes: The idea here is basically to reduce your cost basis in the long...
Current position looks prime for a short entry with minor risk and great reward potential. Looking for price to continue to build the current corrective pattern taking place (wedge). Enjoy!
... for a .03 db. At its outset, you short put is basically completely "financing" the cost of your long put (but for the $3 it cost to put the trade on). Your goal is to roll the short option forward for duration, collecting credits along the way and to exit the setup for a debit that is less than what you collected in credits (as you would do with any credit...
Hey Traders, We have been analyzing this structure for a few weeks already in DXY (US Dollar Index) We are expecting a fifth move in the diagonal and then a breakout towards to the -0.27 fibo level potentially. When this happens, all USD pairs will be affected. - Hola Traders, Hemos analizado esta estructura durante semanas en DXY (Índice del Dollar...
s3.amazonaws.com We have a diagonal created since the uptrend of the gold after it reached it's bottom for last year. I believe a small breakout has already occurred which might retrace a bit to give us a chance to short it before it falls. A good entry on this would be around 1245.00. This is a long term trade and I personally am aiming for 2000+ pips.
I believe this is a leading diagonal. Looks like a 1-2 1-2 pattern at the start of a wave 3 of 3. Get into it.
Looks like a leading diagonal forming in the right place. Give it some time to develop.
We are currently in a bullish correction of wave 4 which can be a Flat correction or ZigZag The breakdown of the green line confirms the end of bullish correction of wave 4 . A short entry is possible after the breakdown of that green trend line to the target of wave 5 shown in the pink circle The correction of the current wave 4 can go up to the 2.618 red fibo...
NZDUSD is in a strong downtrend for the last few weeks, which is expected to continue soon if we consider a five wave fall from 0.7402 followed by a recent bounce towards the 0.7171 level, which could be the first leg of a minimum three wave rise in corrective wave 2), labeled as wave A. If that is the case then drop from the mentioned level was sub-wave B that...
Truth be told, I'm not a big fan of low vol strategies such as calendars and diagonals, but am going to putz with one here. From a trade management standpoint, the notion is to take off the short call at or near worthless or roll it to the Jan expiry for additional credit, resulting in a Jan 20th 136.5/140 short call vertical. You then manage the setup as you...
This is a good sell setup since this could be an ending diagonal and we will have the next wave down to complete the structure.We have an impulse and a correction and you can sell the breakout if you have a plan to trade it. Trade based on your own strategy
USDCAD has been trading higher for the last few weeks, especially since crude oil has turned south. On Loonie we see higher highs and higher swing lows but with overlapping price action between two converging trendlines so pair can be making an ending diagonal as shown on the 4h chart. That's a strong reversal pattern which could send price south this month,...
It will complete correction wave set ABCDE very soon. so there're some upside gain here, then it will go down to at lease 1.2074, BUT If it beak the support and goes further, 1.1919 is the next stop.
This is my perspective for this subyacent for the next weeks.
AUD/CAD has been experiencing great selling pressure for several hourly sessions. Considering that AUD/CAD is most probably at its ending diagonal, think of selling this pair after breakout of small trendline occurs.
The price action is been trading in a leading diagonal pattern which is now indicating weakness as higher prices rejected by sellers and sellers are now in dominance. I would suggest to short this one on every rise. Target 1: 850 Target 2: 825 Stoploss: 940 Trade with care, thanks for your support.