The price has been bearish for some time breaking Lower lows in lower timeframe so still looking for shorts until the price reaches the demand zone :::: 131000
Due to the release of the February non-farm payroll data, gold fell nearly $100. This month, we will soon face the baptism of another major non-farm payroll data, which is a great opportunity for gold traders. As long as we grasp the trend correctly, the profit from a single trade can be considerable. This data will be released on March 10th. As of the close...
Was not planning to do any deep dive research for this one, but the long term trend of ICE is too obvious to ignore. Despite the choppy daily chart with now and then a small jump, it did grind higher and higher, decades-long. When dealing with such a long time frame, it's important to adjust the pr-ICE to splits, dividends, and rights offerings. And let the ...
Short term trade set up to hedge long position, ex-dividend date may trigger sell off. While price made a higher high, RSI set another negative divergence. Also noting buy volume is getting thin. In EW terms, this rally off the June low seems to be corrective 3 waves. Contra argument: neckline around 57-58, coincide with huge volume profile wedge, may provide...
Got FOMO'ed in b/c WEB kept buying? Take measure to protect yourself from a potential drop in the short term: It started with negative divergence in March, noticing that volume did not follow through after the breakout, it might end up with a H&S formation that project to the low 40's (blue lines). That region happens to coincide with: - the yellow trendline with...
Clear 5 waves (of a high degree) down + declining technicals suggest more pain to come in the years ahead. However rebounce to 100+ in the short term should also be very doable. The 0.618 retracement from ATH is hard to ignore, weekly RSI closing above 24 will confirm the positive divergence. Wait until the OpEx dust settles on Friday and we should be good to go...
The ETF SXLK has been providing an easy access to the US big techs for the European investors, allowing us to piggyback the insane bull run over the past few quarters. However in the recent weeks, it's showing some weakness. While the (5) waves up off the March 2021 low looks complete, the daily RSI shows an downward trend. Above all, the weekly RSI and...
TLDR: short term upside target 1k - 1.1k if 860 holds. EW interpretation: On the 4h chart published above, we can see either a i-ii or a a-b movement off the Jan '22 low, with a higher low struct at 838. If a new higher high presents itself, preferably above 860, both counts will project us to ~1050 in the short term. The rising trend of the RSI, started...
As we saw last hedge-founder (non-commercial traders) activity on this pair and how to hold this asset so we predicted text months around December price of EURUSD near the 1.08 area Take a short position in swing trade style and be patient like big players. Wish you best, good luck
Gold intraday trade ... Follow on your own risk.. Like & comment for more good trades... Luck;
Sharing here live NFP trade I've learned from Wayne Mcdonell of FX Bootcamp in trading Non-Farm Payroll.
Safer Shot Inc (SAFS) 0.0009 -0.0002 (-18.18%) 02/12/21 $SAFS otcbb.swingtradebot.com www.stockta.com ih.advfn.com www.google.com www.marketwatch.com seekingalpha.com www.barchart.com Avg Vol 119,329,039 Stochastic %K 59.31% Weighted Alpha +157.63 5-Day Change+0.0004 (+80.00%) 52-Week Range0.0001 - 0.0016 Safer Shot, Inc. is a development stage company, which...
Moderna is the first company to start the phase 3 trial in July and could have the supply ready earliest by Oct and accelerated approval earliest by December, according to Nami Sumida/BioPharma Dive and morningstar. Other competitors are scheduled to have accelerated approval the earliest around early 2021.
A strong U.S equities market and risk-friendly trading environment have helped push and breakout USD/JPY above a descending trend line on the 1-hour time frame. The pair were consolidated for a while London entered but then somehow the global positive risk sentiment news concern to coronavirus saying "China finding an effective drug to treat people with new...
Non-farm payrolls report will be released later today. At the same time next week Fed will meet regarding their monetary policy. A weak NFP report may raise the chances of a Fed rate cut in March, but we don’t think it’s going to influence the Fed at its next meeting on December 11. Risk appetite is also wobbly, which means that a softer report could have a...
Hi All , This a setup for non swing traders . If you looking to book profits and move on . Many Thanks
US Non-Farm Payrolls report will be the major focus today. Most of the economists are expecting US NFP to post reading in between 183-200K in November. In addition, they are forecasting the unemployment rate to remain between 3.5-3.6% for the month. Average hourly earnings growth is expected to pick up to 0.3% mom. Still, there are signs that the jobs report...
Perhaps, NFP tomorrow will take EU back up. Regardless, trade the breakout from 1hr. consolidation period (fast). Red box is just there to help define theoretical high/low period. It's your job to find the 1 hr. high/low period at the bottom. Trading Criteria: Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones...