Soem days ago I highlighted an interesting chart pattern related to the pair XLF/KRE, mentioning that AMEX:XLF could soon outperform AMEX:KRE . Well it turned out very well. Follow me to get fresh pair trading ideas!
KEY REFERENCE AREA$ .. ENJOY ...
DUK and XEL have a 84,3% correlation over 60 market days. Applying some of the most popular indicators on the pair DUK/XEL shows an interesting pattern. While XEL has been clearly outperforming DUK since several weeks, a trend reversal seems to occur. DUK might catch up in the coming days and weeks. The daily and the weekly RSI (1st indicator at the top...
Applying some of the most popular indicators on the pair JPM/PRU shows an interesting pattern. While PRU NYSE:PRU has been clearly outperforming JPM JPM since several weeks, a trend reversal seems to occur. JPM might catch up in the coming days and weeks. The daily and the weekly RSI (1st indicator at the top "Ultimate RSI Multi Timeframe"), the Wave Trend...
Applying some of the most popular indicators on the pair XBI/IBB shows an interesting pattern. While XBI has been clearly outperforming IBB since several weeks, a trend reversal seems to occur. IBB might catch up in the coming days and weeks.
EURCAD remains bearish, intention to complete H&S FORMATION, let's wait on an entry!
Applying some of the most popular indicators on the pair HRL/HSY shows an interesting pattern. While HSY has been clearly outperforming HRL since December 2018, a trend reversal seems to occur. HRL might catch up in the coming days and weeks.
Applying some of the most popular indicators on the pair XLF/KRE shows an interesting pattern. While KRE has been clearly outperforming XLF since December 2018, a trend reversal seems to occur. XLF might catch up in the coming days and weeks.
USDJPY after flash crash all momentum indicator now becomes oversold now price still able to rise further till 110-110.30
Pattern: 1D Head and Shoulders on a positive gradient. Signal: Long on the formation of the right shoulder. Target: 9.95100 the neckline's high.
FX:USDJPY is forming an inverse head and shoulders. If it breaks out the expected percentage move is almost exactly the amount needed to take it to the longer forming neckline. From there we can see if we will get a longer forming break out or not by testing the second larger neckline. * This information is not a recommendation to buy or sell. It is to be used...
Using a qualitative report I cannot legally reproduce an opportunity has been identified for a relative value pairs trade. Updates will be provided with timing.
An analysis of quantitative reports which I cannot legally reproduce has lead to the identification of a spread trade with quite a wide margin for profit. As usual with spread trades, timing on the individual stocks is key. Updates will be provided identifying possible entries and exits.
RobbyP, on our Unum Capital Trading desk, asked me look at Implats (IMP) vs Amplats (AMS) for a pairs trade. Unfortunately this trend doesn't look like it has reversed, so I'm staying away.
RobbyP, Private Client Trader Unum Capital, sent me a Bloomberg chart analysisng the Gold/silver ratio. I thought I would take a closer look. The current ratio is similar to that of 2016 and 2009. The move mid 2011 was on the back of massive short-term silver strength. If you believe the current ratio will hold, then you SHORT Gold and BUY silver around these levels.
I've noticed a clear trend leading up to 6:30am pacific time USA stock market open time, I think people are hedging currencies in order to trade in different markets. You can ride it down then up more days than not check profile for more examples
WEEKLY trend is down , #1 best case wait until daily sup to short #2 look for longs off daily /4 demand zones looking to long aud pairs that correlate with index , daily demand in play with 4h trend long looking for long opportunities on aud pairs that retrace to 4h/daily dem - targets daily sup zones
The spread here a bit wide so looking to buy sterling and sell euro