Price going in Sideways channel. We can follow up prices and buy near supports, which I will use as buy strategy
minor support 3900 (15% of position size)
major support 3500 (50% of position size)
Additive support levels at 3290 and 2970 (rest% of the position size)
Place stop loss orders exactly near supports to avoid loss.
For sell, I will follow resistance...
S&P 500 Index SPX Next Buy and Sell Points Today
A poor call on this index yesterday led to the loss of some 12 -15 points as the buy point at 2627 was broken and the stop at
2614 triggered. It wiped out the 6 point win earlier but at least the 60 point win on the short on Moday and the next 60
points or so from the long on Tuesday means the point tally for the...
S&P 500 Index Update Next buy and Sell Points
Yesterday the S&P fell 5 points shy of the next target, busting
out the next long as support and stops just under the 2715
break line were hit and so turning a 12 point profit into a 2
or 3 point loss. Not so good.
It looks as if it will fall further now to retest 2669 and maybe
spike as low as 2661 level but...
Bitcoin BTCUSD Update Next Buy and Sell Points
We left this overnight waiting for the 4th break lower to hopefully develop a double bottom to show loss of downside
momentum and looking for the rally to recommence from there. Interestingly - for some at least - the low was actually
also the tiniest of gaps which was created (green arrow) on exit of the last...
ETHEREUM ETHUSD Update
So maybe you have 5% more ETH for your money than
yesterday...and if not ETH is back at the same levels again,
but this time challenging resistance from the underside of the
dynamic which until yesterday had been good support...so
we've seen this pattern countless times before...ETH is
vulnerable again here - must find buyers now to...
Nadaq 100 Index: NAS100 Next Buy and Sell Points
The last 3 declines on Nasadq were 339, 357 and 345 points.
This one is now 354 points, so far - par for the course.
Nasdaq is now flipping within the boundaries of the two fixed
lines of support at 6696 (spiking below here by 20
points to 6676) and resistance at 6786 (spiking above here by
19 points to...
Bitcoin BTCUSD Next Buy and Sell Points Today
We left Bitcoin overnight to track the parallels lower to the
next downside target at 8300 on Coinbase chart. The low so
far is 8310. Close but no cigar.
Bitcoin is still under pressure whilst unable to break above the
dynamic which has clipped all rally attempts overnight -
cannot be bought unless it breaks...
Bitcoin BTCUSD Next key Buy and Sell Points
Bitcoin is again trying to build a base from a new near term
low established at 9515 on Bitstamp feed. It's made a right
shoulder at 9912 support line since then and is trying hard to
rally but finding resistance from the old parallel above it
which had acted as support earlier on in this decline. It fell
2500...
Bitcoin BTCUSD
Bitcoin rallied to meet the previous peak prior to news of the
lastest hack on Thursday night, precisely on Bitfinex chart,
before falling away again. Right now it's neutral as we await
the next trading signal to trigger as Bitoin moves towards the
apex of the triangle and hopefully reveals its hand so we can
trade off that signal when it...
Bitcoin: BTCUSD
The big lower parallel came to Bitcoin's rescue and gave as good reason as any to close out shorts from here...but it
didn't quite hit the line perfectly, which was then lying at 12028 - the low of the day was in fact 12050 - so quite close,
22 out, but no cigar. If you managed to get out and switch long close to the lows you therefore did really...
This is my view on AUDUSD, it will go around 0.76600 before going down. I will open long position at 0.76070 and
will close at 0.76600 and then I will open short position at 0.76400 and will take profit around 0.74900-0.74000.
Will keep updated!
