We had a good push down on the AUD Interest Rate decision and this pair has now gone into a consolidation between 1.64752 (High) and 1.64418 (Low). Moreover, it is now below the 60 and 15 min KS, as well as the 15 cloud. Entry = 1.6474 Stop = 1.6494 Risk = 20 pips Profit target = 1.6374 Reward = 100 Pips RRR = 5-1 Once this trade is up + 20 pips, move your...
Yesterday, the ECB expectedly left the parameters of monetary policy in the Eurozone. This was predictable, so most were interested in the new strategy of the Central Bank. But Lagarde greatly disappointed the markets, saying that before November-December, one could not count on any clarity in this matter. Thus, the euro will not have to rely on support from the...
The main event of yesterday in terms of macroeconomic statistics was the publication of statistics on the UK labor market. The data pleasantly surprised. Recall that we expected rather weak statistics - the British economy has been painfully unconvincing in recent times. Nevertheless, the UK economy for three months until November created 208K new jobs, which is...
Monday turned out to be a fairly calm day for financial markets. The reason on the surface is a day off in the USA. So today it will almost certainly be more volatile and interesting. The Bank of Japan set the pace to the news background early in the morning. Monetary policy parameters were left unchanged. The press conference will be somewhat later than the...
After the United States and China completed the first phase of negotiations, the result of which was not as rosy as many expected, the markets decided to take a break and continued to develop existing trends. Note that the current optimism has exhausted itself. But the negative on the horizon more than enough. Only the first step has been taken. Now the parties...
High Impact USD News in 2 Hours! Expexting a strong break of that order block and later in New York Session a retest to go short, targetting those clean lows. What's you're thoughts? FX:USDJPY
The US and China have signed documents for the first phase of the trade deal. It would seem that this has been expected for a very long time and this is an excellent occasion for a mass exodus from safe-haven assets and another injection of capital into risky assets. But it was not there. Gold yesterday was more than comfortable, and the Japanese yen in the...
SP trading above 50 DMA and MACD in positive territory on daily. Distribution agreement announced today.
Looking Corrective phase and then can see Big impulse upside , let see how Bullflag performe
NZD strengthened after RBNZ Gov. Orr’s press conference and this pair has now gone into a consolidation between 1.6932 (High) and 1.6890 (Low). Entry = 1.6931 Stop = 1.6951 Risk = 20 pips Profit target = 1.6870 Reward = 61 Pips RRR = 3.-1 Once this trade is up + 20 pips, move your stop to breakeven and let it run. I would appreciate if you leave a comment or...
Wow! "To infinity and beyond!" - Buzz Lightyear Lol, just kidding. But it seems that way right now, doesn't it? This is nuts. I'm still bullish, but with caution. I would love a pullback so I can jump in on some more long positions.
Some of the bigger names seem to be traded with a "sell the news" response to earnings. See FB, AAPL, NFLX, for examples. All popped to highs at the open and were sold off for the next day or two, or more. Will we see the same on MSFT? If it does pop to the top, I've got 145 as a first target. If it pushes past 149, there I would take the loss, if I got short....
Note: Technical analysis is not a divine book hi Traders Next week we analyiz DXY > EXY > DOW > EUUSD and The result we got BUY Limited 1.11555 ... T/p : 1.13000 ... S/L : It depends on Monday's economic data Sell limited 1.13013 ... Stop loss : It depends on Week economic data ... maybe in 88 days 400 pip have profit Say your Opinion :)
Awesome day! Hope everyone made some money. I'm still bullish, but with some caution. YouTube: Dumb Money Trader twitter.com/dumbmoneytrader facebook.com/dumbmoneytrader www.dumbmoneytrader.com
Let me clear some things up: I am not a day trader. So, my charts are what I see from a swing trading perspective. I look for opportunities that might not play out today, tomorrow, or even next week. Rather, I look for opportunities that I think might play out anywhere from today to a month (or a little more) from now. Not long term, but short to mid-term... I'm a...
Check out my analysis on this chart via YouTube at Dumb Money Trader Trade talk meeting in Washington D.C. this week. Big week for SPY. Stay tuned and keep your eyes and ears open for changes. Might be a volatile week.
Volume is up over the last 45 days compared to 45 day period prior. The penny stock's news didn't hurt but what will help it go that extra distance "Resonant Inc ( RESN ) enjoyed impressive gains on Wednesday. This came after it announced the agreement of an important deal. Resonant is involved in changing the ways in which radiofrequency front ends are...