Signals: double bottom oncoming breakout of current channel local flag formation Buy 15.20 (local flag breakout) Stop loss 14.69 (-1 tic of current fractal/ flag's low) Target 18.00 (top line of monthly channel) 21.50 (strong inclined resistance)
Follow the money! And your trading will be easier and smooth. You want to start buying in an accumulation area and keep adding to your position as soon as a new uptrend starts to develop. Remember not to sell too early! You want to keep at least a decent amount of your initial position to keep riding the uptrend until it is over. That's the difference between...
Signals double bottom potential flag Buy 145.00 Stop 139.44 Target 1-160.00; 2-180.00
EURUSD may see continued downward pressure to 1.110 to 1.105 near term if the US comes out with better NFP and Unemployment rate nevertheless post data release expecting a swing to 1.13. Improving OBV negative readings may continue to support near term push towards next resistance of 1.13. Expecting to make money on the swing but overall still see no clear trend...
Sometimes you feel awful because you just missed a trade you were following, for only a little... I just missed a +85% profit for $0.01... Yep, for just a cent! In these cases, you need to remember to NEVER chase a stock. Just forget about it and move to the next opportunity, there are plenty of them, all the time. As I said earlier, after 3100 resistance was...
Why do I prefer to trade and invest in smaller companies while everyone seems to be only focusing on the main ones? The answer is easy, huge returns. You can easily make 50% profit in 1 week without any leverage and over 200% after few weeks/months. There is no way you can achieve the same results in larger stocks. Small stocks are also easier to trade if you are...
Project Manager. OCKT:EERB EERB 7/08/2016 vlp.eppershh@gmail.com Growth Rate Charts:PIP: POPS Equity Business Ratio 7+3=equity return of business;CALL,PUT.BP.IN.ATM.:(ABC)+1 Sell price to bank. Comprehensible. Comprehensible input
In addition to my near term trading view, weekly chart show long term inverse H&S pattern as well. RSI upward move remains intact. CCI now at negative readings points to oversold levels while OBV/price divergence signals move upward still has room to be materialized. Strong USD may not persist given FOMC rate policy continues to remain gradual. Long term buy...
USOil daily chart showing an inverse H&S pattern. Price is closed at neckline of $42. Breakout above $42 with meaningful conviction may bring the price to next major resistance of $45 to $46. Momentum indicators like CCI and RSI still have room to support potential upswing in prices. OBV yet to show improvement. Failure to break neckline signals continuation from...
The WTI Crude touched a Low of $40.55 last week after the release of inventory data (Last Wednesday) showing over Supply. The recent release of Chinese PMI data showing signs of Chinese economy slowing down further, which puts additional pressure on Oil going forward. Read More Here : Buyers Buy $41.10-$41.30 for targets of $44-$45 and a Stop...
Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point. Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;) Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...
Everyone is Busy with Daily and Hourly charts,So I have stepped back and trying to shed some light on Monthly as it is at a very Crucial Decision point. Falling Trend line from all time Highs we hit in 2011 is here to decide the faith of Gold ;) Short Term Correction at least to $1200 is expected in coming month or two, it may not come in light of some Big...
Depending on the outcome of tomorrow's FOMC we could get a solid correlation setup between GBPUSD and GBPCHF. Of course we would need to correct setup along with our algorithm to trigger a trade.
We will be watching to see if GBPUSD can regain its bearish momentum before the Fed announces interest rates on Wed. Although the street does not anticipate any move by the Fed, they may give a hawkish tone and if so that should add fuel to the short side. With that said we will be looking for a close below the short-term trendline on the hourly chart along with...