Clear uptrend channel has formed, indicators support upward movement. Currently monitoring
Like ROBO ETF, BOTZ provides direct exposure for the upcoming industrial automation and robotics era. Plenty of room for growth. Great hedge.
- at the top of the channel - Stoch RSI on 100 - support lines becoming more and more horizontal - had a pump before - no hedge for BTC fork needed anymore - other alts have more potential (money flow)
The economy is still expanding, making cyclicals a good choice. Under Armour has been outperforming Michael Kors, and is at a good technical level to buy into. The short on Michael Kors helps hedge out market and sector risk, isolating the risk associated only with Under Armour.
SFLY is currently in a flag pattern. The company's total revenue has been gradually increasing over past quarters impressively. Also, since the stock has such large volatility in past earning reports - i expect the same this time. In order to create opportunity for some large returns, I have put a short order in for the previous trading days low, until the 200 MA....
I won't give much preamble about Bitcoin Cash. You can make your own decision about which side to stand on with the information that is available to you. That being said, as a trader, you should pay attention to price action first, fundamentals second, and politics and rumors literally not even at all. The reality is, Bitcoin Gold is a scam: twitter.com The...
Hedge EURDKK buy*10 EURZAR sell*22 target 1 2.1170 target 2 2.1154
The chart shows where major support and resistance is, and is there to indicate the trend. On smaller time frames you'll notice that Gold has over the past week firmly stayed at 1275, rather than dipping lower. The fact that this is happening near a turning point in a major downtrend may indicate that this an early signal to get long. If Gold moves above...
This is another basic Elliott Impulse Wave pattern applied to a long-term long trade idea for Gold. This analysis is very similar to my Siacoin Elliott Wave idea but applied to a different asset class, so I've linked that idea in case you want to check that out and compare the two. This chart is over a 15+ year period and should be treated as a long-term...
Fundamentally HSBC is confident that their internal investment of process amelioration was a success which wil make the company a lot more efficient with regards to future challanges coming due to the automation revolution. Investors seem to believe and started buying the stock back. HSBC was always paying a nice dividend and so are they this year. Conservative...
Hedging my longterm short EURUSD constantly with short term long trades on EURGBP with quite ptofitable so far. Now price presents me a new opportunity with nice RRR
Waiting for entries to trigger. I am rather short on the EUR on other pairs but treat this as a great hedging opportunity to reduce cost or maximise profit.
EURUSD is trading in an improtant resistance area of Elliott Wave 5 and Bat pattern. The trade does not develop and I saw a change of going long the Euro on EURGBP in order for me to reduce the cost of a potential loosing trade on the EURUSD. SInce the EURUSD is longterm with hgh profit potential and EURGBP is short with small profit potential, I will still make a...
Copper: CUUUSD Another weak dollar play. Ideal is to buy any dip in Tokyo and rely on dollar weakening ahead of Thursday. Then sell it off the parallels above and go flat (which one depends on your own appetite for risk/reward) and wait to see if the upper parallel can be broken (unlikely on first attempt but you never really know) and if/when it is broken go...
DXY: Dollar index and Bitcoin: The Dollar has closed for the weekend on its lows and below critical supports and will get hit again hard on Monday. It should fall a further 1.7% from here over the coming week or two. But there is one potential way to hedge this situation: it depends on Bitcoin breaking above 2460. If it does it should be worth following this...
DXY: Dollar Index The Dollar closed on its lows for the weekend and will likely be sold off heavily if not in Tokyo, in London come Monday. it should fall a further 1.7% from here. But there could still be an opportunity this weekend to hedge - it depends on Bitcoin breaking above 2460. If it does, it should be worth following. Please see Bitcoin comment also.