New 52 week High. Only Paper trading this to test theory.
This simple theory takes the emotion out of trading. It's nothing more than an if / then statement. Just paper trading at this point.
Entry 1/4 the capital at the present 0.44 - 3/4 waiting for price to pull back and test Darvas box around 0.39-0.40 TP: 0.47 - 0.53 - 0.61 Stoploss: Under 0.34
Breaking out of the rectangle, also fits the ascending wedge pattern with a break above. Will give it a shot and bet on the trend. Positive earnings. Stop set if it falls back into the consolidation range = trend failed. Wary of extended SP500, but following price as always.
This is a great time to utilize the Darvas Boxes indicator. Sell stop below bottom of box with a SL above top. Containment within the bearish channel is the basis behind entry. Breach of the top of the box will cancel trade. Cheers
LTG Learning Technologies Group reached a new high at the weekly chart at 63.65. Next Action : Watch 57 – 63 Price Range Box 1 : 57 - 63 Box 2 : 46 - 57 Box 3 : 40 - 46 Box 4 : 38 - 40 Box 5 : 29 - 38 Box 6 : 19 - 29 Note: Volume spike at 18-September 2017
GGP has broken out of due the news release of ‘potential new gold sources’. Although my slight concern is however that these are still ‘ potentials’ , keyword lies in ‘ identify’ and ‘ believe’ , in announcements of GGP. So the new gold sources are not fully confirmed. Announcement: GGP Identifies multiple gold targets At Ernest Giles Project. Gervaise Heddle,...
EURGBP Upward trend continues and approaching N5 target. Entry date: 31-Jul-2017 Order type : BUY ATR 20 : 0.0065 Risk : 0.13 Entry: 0.8935 Stop: 0.8805 N1: 0.9000 N2: 0.9065 N3: 0.9130 N4: 0.9195 N5: 0.9260