As of now, 01:30 20/09/2018, I have almost completed a new trading plan and this is the first set up I have come across to fit it so far. What we are looking at is price at a very key level, also respected for months on the WEEKLY chart. It has been ranging for quite some time and has just tested and retraced slightly the 200 MA on the daily chart. These all...
Litecoin (LTC-USD) comes from a huge drop, we can see from charts that the 16th February peak was followed then by a catastrophic 7 months short, a descending triangle and a lack of volume makes it one of the worse runner..but it is maybe the time for a change? The end of the game for the LTC may come sooner then expected, a recovery to the 82$ zone is possible,...
Elon Musk CEO of Tesla twited great news for Tesla in terms of production rate. So the stock could move up significatly.
Right up front, a disclaimer: This analysis is for educational purposes. It IS NOT a prediction of price curves. It’s meant to be a scenario in which signs of a bull run could be identified. As always, make investment decisions based on your own due diligence. CHART LEGEND Blue = Bullish price cycles Green = Transition out of or into a bull market Yellow =...
The GBP has been getting slightly stronger recently however the is still some uncertainty, so further weakness of the GBP, and that would hit a lot of Sell orders around the 0.8900 area potentially in time for further GBP strength off good Brexit news.
For those who consider U.S. Major News Releases in trading, here are projections for the upcoming week's session: ** Projections ONLY ** GDP Growth Rate : From 2.6 to 2.0 Employment Rate : From 4.3 to 4.4 Inflation Rate : From 1.7 to 2.0 Interest Rate : From 1.25 to 1.25 Government Debt to GDP : From 106.10 to 106 Goods Trade Balance : From 43.6bn to 45.0bn /...
Waiting for retracement then going long with GBP
I recommend to buy a dip or breakup here. I like OPHT for its wild swings on news some might see this as risk but staying in the loop should see us fine and its shares are up considerably on its latest update being that it is set to report registration-ready late-stage trial results for its vision-restoring drug Fovista, which coupled with other drugs already on...
I expect a good news. P.S. if you open short position it'll be very interesting. gl
USDCHF has essentially been trading exactly off Euro news for a bit now and I think it wants to keep this trend going, regardless of strength/weakness of Swiss data coming out this week. This presents an opportunity. Look for Swiss data to move USDCHF out of correlation, play the retrace game back to where it "should" be given the price of EURUSD. This is a...
Potential big moves on the GBPNZD