Hi everyone, i believe NZDJPY is setting up to shoot up. The pair has been going down for a while now without a reasonable correction. Wait for a H4 candle to close above the box, which is also the 0.5 daily-fibo. You can also wait for a breakout of the descending trendline. Ideal situation would be a clear breakout and a small H1 flag. You can then buy...
Hi All, The Looney is really being a Looney over the last couple as it is massively rallying despite massive MASSIVE divergencies. I have this count as follows. Wave 1: Standard impulse Wave 2: ZZ retraced 61.8% Wave 3: Extended to 2.618% Wave 4: Flat retraced 23.6% wave 5: Looney high marked with the blue line. As you can see, there are 5 key high's that...
recently broke its high, if it struggles to break the Resistance it will fall back to around the low 3's (make sure to wait for indicators to show signals for reversal)
After 0.01 we going really high! People still don't see the hidden potential behind Decred, better then XMR or DASH!
Possibly shorting USDJPY due to a good looking Wolfe Wave. Short order put at the green area with target and stoploss indicated on the chart, good luck!
Possibly shorting USDCHF due to a good looking Wolfe Wave. Confluence is an ABCD pattern and possibly RSI divergence. Short order put at the green area with target and stoploss indicated on the chart, good luck! Will most likely scale down as we move towards the profit target due to the high Risk:Reward.
My favorite trading pattern is to buy breakouts or breakdowns after a base (high base/low base). Gold is in that ideal pattern that I look for, nothing fancy here. Price has risen (like almost everything else) since the US election in November. Unlike equities though, volume hasn't deteriorated as we move higher, though it hasn't risen much either. We are...
SSI Very low active float due to high tute ownership (0.1% of 30,560,280 = 30,560) High short interest - 21.6% (6,600,489 @ 13 days to cover) TTM P/E of 9.17 vs. industry average of 21.04 7.98% dividend yield, ex-div 2/26/2016 No one on StockTwits cares about it... yet
Simple short trade setup. Seeing resistance at the 2272 level, let's see if it works again. Look for an hourly bar to close below the green line - breaking the inside bar setup - and enter short. Use lower timeframes if you prefer to refine your entry. Target lower red line initially, but beyond that look for new lows. There's a good case that a reversal is due...
Today we had a great setup of a short entry with relatively low risk on 1 crude oil contract. Our reversal bar appeared with a short entry below the low of the bar and the stop loss at the high, trailed three day bars behind the price.
Small stop, very profitable trade. When this pair reaches strong resistance at 1.05000 level, expect a pop out of the market this week/next week too
It may be too late to jump in on this one, as the risk is about $20/share in option value if it turns against us.However, if you can stomach that kind of risk and have the capital, a .75 Delta ITM Put with 2-3 months of time value could win big. Today's slight rebound allows for an equivalent entry to the closing price from 11/10/2016. Trail your stop to the Red...
Failed to break through the resistance formed by last swing high
The daily chart is still within the support&resistance channel formed by previous swing high low. The weekly chart is supported by the support formed by previous swing high.
Annnnnnd we're back with some more amazingness. Guys look at your 4hr audusd chart. We have a gartley forming, stops should be just below the .76950 level. Set your tp accordingly because I've called a daily short on this pair 1 month ago and it's still respecting resistance. I love you. Ca$h