JasvinderMahay

JasvinderMahay

The business called 'Ripple XRP' BITTREX:XRPUSD with potential to industry-status-quo-shakeout, time to know more? . First thing first, when you think of 'Ripple'; rather, think of it as a 'Payment System', than bitcoin. Now Ripple has roped in more than 100 Financial Institutions , Lets see biggest takeaways from the ripples being made by Ripples Ripple...

JasvinderMahay

Incumbent National party won today, but not a clear majority. Status quo means stability and good for markets. I see uptrend in FX:NZDUSD . Markets do not want a change (Labor Party), whenever snap polls surveys showed Labor Party ahead, look at Bloomberg graphic showing negative reactions! Key Labor policies shows divergence, and potentially bad for...

JasvinderMahay

wp.me Japanese & UK Time Zones Explosive opening EUR/USD rally EUR INdex is Up 0.06% while DXY down 0.72% Possibly gapped up!

JasvinderMahay

What you think of APPL 's crazy moves? Following positive Reports Earning on 1/August/17, ensued big Gap. Novice Gap or was it a Pro Gap? (I think N Gap) Hit Highest High of 161.xx, Now it can go in either direction; Analysts 'THINK' next stop is 170 , or down I see NGap always(well, most of the times) reverse back to normal(150.XX ) range ...

JasvinderMahay

BACKGROUND: Online retailing has witnessed very rough weather on brick-and mortar retailing NYSE:M , NYSE:KSS , SIX:JCP , NYSE:JWN and many more. Now, it seems that the same fame is awaiting the grocery space, when NASDAQ:AMZN 'offered' to purchase NASDAQ:WFM , then most grocery stocks dropped about 10%. Is this drop justified ? Regardless of ...

JasvinderMahay

Prime Minister of England, Theresa May will host her elections on June 8th. (3 years ahead of scheduled Parliament elections). Combined with BREXIT and NFP data, a high probability that the GBP trend down. Is this opportunity for traders to use the extreme volatility to their advantage. No ! Most professional traders and Institutions will shy away from...

JasvinderMahay

GBP-CHF CHANNEL 100 PIPS SELL at 1.2500-1.2520 Price current-1.2471 (5/6/17 8am) P-1.2498 D-1.2524 ATR-100 PIPS=46 ODDS/PITFALL -UK election

JasvinderMahay

STOP-LOSS 1.08750 ENTRY 1.08600 TARGET 2 1.0750 TARGET 1 1.0730

JasvinderMahay

Bullish Continuation Pattern I ( and my school of thoughts) don't believe in patterns for historical precedents but let me share my study on USD/CAD pair: Uptrend on Monthly TimeFrames. Uptrend on Weekly TimeFrames. Uptrend on Daily TimeFrames. Uptrend confirmed by EMA20 & 50 period on monthly,weekly and daily. Trade on Higher Time frame H4(240) DXY...

JasvinderMahay

Weekly & daily trend is downtrend. I think 114.40 to 114.90 is good idea to short. Target 1 is 1.7950 Target 2 is 1.7725