Hello young wolves! This is NZDCHF Daily chart, Price has reached to bottom, and we are expecting move higher. This pair rejected key monthly level, broke out of the reversal pattern, and now we will be monitoring the lower TF. 4/1H for entryes. - Please use this analyse only to support yours trade with correct MM and Strategy!
IOTA after nice run up has started to flag. it is starting to break its trendline. Think we can see 6 dollars in this. I had to get this on binance with the eth pair.
IOTA been on incredible run. Looking for a quick day trade here. on the IOTA/eth pair. Im doing it on finance with a stop under .0037 like the look on this on the daily chart but also intraday nice flag developing.
GBPJPY Been waiting a few weeks for the current uptrend to show signs of fatigue. Two very important MAs for this pair have crossed confirming that the top has been found IMO. Price has now tested MA20 as resistance below the MA50 Setup for Short order will be after current 4H closes bearish. SL set to top of previous 4H candle 145.746 + Spread TP when price...
Interesting situation for the pairs, in addition to return to the previous low, shows a regular divergence. Follow the situation closely, waiting for a confirmation from the price action.
Still major downtrend on GBPNZD, and price created new lows... in terms of new poss. opportunities (to take advantage) of poss. down move we would like to see rejection and bounce from resistance close to 1.77 level, and then wait for poss. opportunity based on our trading rules. Target at least pr. lows... If price will come back above horizontal S&R - time to...
I'll be looking to short this pair around ( 158.147 - 162.410 ) that's my Potential Reversal Zone. Stop Loss is up to traders Discretion but I'll be waiting for an Appropriate Stop Loss 'IF' Price gives me a Signal in my Potential Reversal Zone. T.P @ 151.400
short the dollar, broke 200MA and now retesting it, probably going to fall once more, will be long EU & NU
Look at the history of these two stocks going back to 2011. They are identical in performance and yet AAP reports its earnings FIRST and the stock tanked 30 points or 15% last month. Autozone reports on Dec 8th and could face a similar fate as AAP since they are in the same business. Lately, new car sales have taken off to the upside and at some point...
As soon as DD turn up relative to SPY on the day highlighted it was the time to put on the trade. Even if you waited until it went over the 10-day average of the ratio, you would have gotten in with very good risk/reward. You would have had 1% drawdown on the first day's open, then as much as a 19% gain from there to today's high, or a 16% return to the last...
EJ may have just put in a 3rd touch on the weekly decending trend line. The month of June EJ retraced to the 61.8% fib, will it hold? Last week produced a hammer bar and this week may end as a bearish engulfing with a possible CTL break. Could we see the lows of 126.000 and further down to 119.540?
The ratio of LUV/JBLU is turning up after a long slide of 50% from 3.00 down to 1.50 where it is breaking a 5+ month downtrend in the past two days. If you look at the pure price chart overlay of the two stocks, they oscillate back and forth over time and looking back one year (in this chart) you can see that LUV is lagging a bit lately and JBLU is ahead of...
Throughout this entire year, USDCAD has been rallying which can confirmed on the larger timeframes such as monthly, weekly and daily. I'm basing this trade based off of that momentum and on a simple trend-contination setup. As you can see, price has been consolidating this past week and along with all the momentum n volume today coming because of greece, Im...
ALL CURRENCY PAIRS IN WHICH THE USD IS THE DENOMINATOR HAVE BEEN FOLLOWING A SIMILAR ARC SHAPE SINCE THE 2009 RECESSION. AS WE CAN SEE HERE, JPYUSD, CADUSD HAVE REACHED THEIR PREVIOUS SUPPORT AREAS. ONE CURRENCY PAIR THAT HASNT REACHED ITS PREVIOUS LOW IS THE AUDUSD. ALL MARKETS WORK TOGETHER, THEREFORE I BELIEVE THIS PAIR IS LAGGING COMPARED TO IS RELATIVES....
So here we are, S&P 500 at 2,000, bears have good arguments and bulls have good arguments as well. As of right now, I have no idea where equities are going, I'll let the market tell me. But here is a quick trade idea I got today. By the way, please correct me if there is something wrong in my analysis as this is my first real market-neutral trade that does not...
Look at the remarkable action around the KEY HIDDEN LEVELS in BP over the past 10 months - There have been multiple tests of the key support lines that provided ideal and low risk entries on pull-backs. Subscribe to "Key Hidden Levels" in the "Marketplace Add-Ons" section of "Indicators" . I'm looking to get long against support down here - I will post my...