Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CHF: Daytrade-Preparation Market-Sell: 0,91395 Stop-Loss: 0,91675 Target 1: 0,91160 Target 2: 0,90990 Target 3: 0,90760 Stop-Loss: 28 pips Risk: 0,5 % - 1% Risk-Reward: 2,30 LEAVE A LIKE...
Hey tradomaniacs, lots of Robin-Hood-Traders are asking themselfs: Why is gold and silver dropping? Well it can have a lot of reasons such as Profit-Saves due to the overbought situation, the fact that stock-market continues to climb and SPX500 is almost at its All-Time-High (portfolio turnover). It can be the fact that DXY (US-DOLLAR-INDEX) is oversold and...
Hello friends, make sure to hit the like/follow button to show support on my analysis and check my previous ones . If you have followed me you may notice I only post Gold trading ideas. Well I started studying pair correlation along my journey with gold and it has been a rewarding experience. There are many pairs that you can compare and contrast with gold: ...
Right now, looking at CWH with earnings and everything, I see why people are concerned. They are bidding against Marcus because earnings during a pandemic for commercial RVs are seemingly low. However, this is expected. Given retail had a huge hit and not lots of people would be outdoors, camping supplies, RVs, etc. aren't expected to have higher growth in sales....
Right now for the gold spot, it has went to the price of $2010 which is a bullish rise from many previous predictions last quarter. Today at nearly 0.45% down, it is likely a dip because I think the next target should easily be $2050. That being said, please keep in mind everything I say is on an opinion based basis. Please do your own due diligence and invest at...
After two seconds of analysis and correlations (but it took longer to draw). DO NOT MISS THESE OPPORTUNITIES!
Right now, I think Nikola's sentiment is still negative correlations and the 2023 plant isn't big enough news to dramatically effect its financials. I'm still keeping a close watch on it for potential retracement curves, but think support levels and brand equity still have ways to go. I expect with the current decline and previous correlation waves, this should...
There are logical reasons on why Wayfair might meet some resistance quite soon. Looking at the previous bearish run and the current curve, it looks like the fractals are already setup towards its peak for the current wedge. Right now, slight resistance can trigger the bullish pattern quite easily to retest and retrace back downwards. I feel it is too risky of a...
MercadoLibre ( NASDAQ:MELI ) and Sea Limited ( NYSE:SE ) are two highly correlated stocks in the same sector (Internet entertainment/e-commerce). Since SE had a 50% increase in the second half of 2018 (marking the beginning of the market-cap similarities), their correlation began, and SE's large moves (or lack thereof) are highly likely to be precursors to moves...
Hey tradomaniacs, welcome to another free trade-plan . Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation. EUR/CHF: Daytrade-Execution Market-Buy: 1,72550 Stop-Loss: 1,69000 Target 1: 1,76230 Target 2: 1,79540 Target 3: 1,82760 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and...
Due to Netflix’s huge expansion globally and the great quality of new products and features it provides subscribers with, leading to its great financial performance in the past few quarters, the share price of the company has been very bullish since the 3rd quarter of 2019. The stock was trading at only $253 in the end of September 2019 when the company beat...
Part 2: Here's the correlation chart for AUD/NZD. Interest rate differentials pretty much match the current spot price, so it's the Australian vs New Zealand stock market ratio that we're focusing on (blue line) The chart shows a strong divergence between the exchange rate and the AU/NZ stock markets, which hints at the possibility of a stronger NZD in the coming period.
Ethereum Classic vs S&P in the recent crash. Note the correlation in the major plunges. ETC has faired relatively well and recently has even outperformed ETH and BTC. Will be interesting how crypto madness in the coming months impacts that.
Bitcoin and the S&P 500 hand in hand...
The Symbols correlation is telling us USDJPY is going to touch 109.03.
The Correlation between 5 symbols, are saying us that CHFJPU should touch 110.930 & 113.320. So we can put 2 pending position on price way to get a profit . Good Luck...