Election time come 2020 will decide the sustainability of the markets momentum
a recent pullback seem to have been opportunity for some folks to upsize
short sellers await a SPIKE or abrupt EXHAUSTION as sign of resetting back to 3k levels
i use BiTMEX to get the feel of Sir Arthur's whale clients and liquidity pooling
either spoofed real or legit the price action is well syndicated as fine as a china ware
the motivation of the exchange be it BMex BiNANCE etc. is to provide liquidity
to either at a PREMIUM or at a DISCOUNT and create a RANGE to churn wash
whatever nature of business the client...
Playing around with the charts and this is what came of it. My last idea post is of this same exact pair: GBP/AUD and it shows the overall sentiment of the market on a weekly timeframe if I am not mistaken.Take a look at my last post and put the pieces together to get a more in depth perspective of this pair.
If you like volatility GBP is the place to look, and we can see one-month GBPUSD implied volatility (vol) at 14.0%, relative to say AUDUSD and EURUSD vol at 9.34% and 7.57% respectively.
To put this into perspective, the implied move in GBPUSD over the coming month sits at 413-points from spot, and this expiry encompasses the expected Commons vote on 10 December....
Stock Market Carries Risk, If you can't manage your risk or time your trade, you will lose.
We still didn't bounce from a proper support on QQQ I think the next impulse waves with momentum will be negative.
We haven't entered a correction phase yet! so hold your horses!
This is just an ABC wave correction (a warning shot!), the Real fun begins when we have...
In this EUR/USD analysis I am using the 15-min time frame. On the monthly and weekly chart for EUR/USD the pair can be seen in a current uptrend. Price may continue to go up from its current point but If I were to enter I would place my entry at retrace a little but the pair looks strong. As a day trading perspective this analysis I would enter this pair at the...
This major cap biotech company borke its major support at $150.
Now it acts like resistance.
ENTERING with tier1 here with STOP above $150 and will ADD through $144 for a poential move to April's lows at $134-$136 (first TARGET)
IBB (biotech ETF) looks very weak.