Hello Traders, Following some negative inflation data from Germany and further upcoming bad data from EU tomorrow it would be surprising to see EU breaking this downward turn toward 1.19. Any counter trend trade would be an option only if the green trendline was broken. Until then there is no clear reason to buy eurusd. Apart from the fact that the overall trend...
Rectangles are important zones to look out for bounces, btc will remain bearish until it breaks the upper resistance parallel trendline.
Rate my setup, share your opinion. That's my first post, hope isn't last. :) My experience and analyse predicts bearish move.
Mulesoft - this looks like an IPO that might be worth following: downside about 10%, upside incalculable. But use a stop just under 23.5 to safeguard yourself from a Snap dilemma at any point in future...a long-term investment is often a short-term investment gone-wrong, no?
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
After a lateral moment, the price went out the rectangle and we can trace a trendline using the two low. In my opinion the price is retracing till the next level wich is in the fibo retracement of ABCD pattern. Probably it could test the trendline, reach the D point and retrace again
With Wynn Resorts (WYNN) continuing a relatively strong uptrend its bullish reversal move on 2/27/2017, the ticker pulled back almost to a closeout point at its middle offset moving average. But opportunity struck today with the only open risk remaining on earnings. The stock pulled a large momentum move as we scanned following our loss on Netflix (NFLX). We...
If you didn't notice the bullish reversal on 3/7, then another entry was on 3/17 for a long position. The trailing stop is $5 of risk, not too shabby. $NVDA is one of our favorites for a Skip-strike butterfly trade, especially if you want an OTM position for higher risk reward (due to the price fluctuation and strike hits). Our youtube post on our site discusses...
Amazon (AMZN) announced as a catalyst to the upside they'd be eliminating a non-profitable acquisition from 7 years ago. This gave the bulls a run due to the massive cash flows dumped back into acquiring and expansion of the company, and shows a shift in focus to producing hard earnings numbers down the road. This likely will drive price further up into the...
Alphabet's (GOOG) stock has been trending upward for quite awhile, and we've been keeping a close eye on it. We've raised our risk level on most of the massively expensive tech stocks due to our views on the overinflated prices from the "Trump Trade" since the election. Already, our speculation of the market correction seems to be in-effect dependent on the next...
We've been riding the Apple run-up train ever since late January, with arguably the cleanest uptrend since Summer 2015 that made your average weekly call option trader a boatload of cash. While we've been redesigning our site heavily due to customer feedback, we've been executing our trades on the side, and AAPL is no exception. But be forewarned, no trend lasts...
AAPL Longs currently stopped at "Make it or Break it" Area Today NO Shorts as well... Looking for entry from break, strong bounce or from next EARNINGS Merry Christmas and a Happy New Year :)
Possible long opportunity for this pair. If price action goes to that zone, I will go long.
EURUSD momentum is still firmly to the downside at the moment. We are looking for opportunities to short unless we see momentum shift to the upside. If price crosses back into the range of the previous Renko bar based on the daily ATR(52) 92 PIP box, we will close any open short positions. Our bias will shift to long if we see a bullish Renko bar close on this chart.
For monday Gold will Correlation before up to strong again in 1260-1220 maybe i recommend wait for opportunity for Long that's worth than short
Price approaching important resistance level. Momentum still high and price makes higher highs. A break can trigger buy, but only with a retest, we get a high probability entry.