HKDJPY has broken the support last week, see the chart for where is it heading
euro seems to be for some more decline and a nice short enter seems to presenting itself with a nice ratio
Shorting due to a Wolfe Wave from the green zone. Confluence is the ABCD pattern and RSI divergence.
fitting rules for flag now we wait for completion of cypher on 4hr to see what movement is to come
The last 50 days, we got a nice move of over 50% in Natural Gas over 50%. I just closed a covered Strangle for a nice profit and its now time to redeploy, since I think the price is going to slow down. Price is over extended above the 20EMA and I expect a correction, so I just made one of my favorite trades. The double Ratio. I bought the 4.25 Call and sold...
wti quick analysis trade probability and the ratio quick analysis
Plot the spread of any two securities as -,+,/ or * This enhanced version adds the 50 day sma of the spread as a gray plot Another free and very useful indicator courtesy of Tarzan.
I have been operating on the assumption that the Dow Jones TVC:DJI will reach 20,000 as it certainly Makes America Great(er) Again(Than before 20,000)!!! *insert charming sentence about the interrelated...ness'... of markets* Thus the S&P 500 will likely also rally... that takes us to the end of the macro (arguably still mostly technical) analysis portion, thank...
It appears like we're about to see a pullback in equities, or at least a rally in gold and silver, and a pullback in the dollar here. It might have to do with the Italian referendum as well, but we'll know soon enough. Breaking this trendline would signal risk off sentiment, further validating the gold and silver long ideas I've posted. What I'm not sure of yet,...
The Gold/Silver ratio shows an interesting setup here, and correlation to inverted SPX, which points to the nature of the ratio's movement tied to risk off/on phases. This has to do with the real world applications silver has as an industrial metal, compared to gold's function as a store of value and risk off protection. I think we can see a long term decline,...
IYR haved moved over 8% in the last 2 months. With an IV percentile of over 60% we can sell premium and get a higher probability trade. I will be using a combination of ratio spreads Selling the (2) 73 and (2) 78 Puts and buying (1) 75 put and (1) 81 put. This will give us the potential to win $330 per trade and giving us a break even of $72.84 with a 85%...
Good afternoon Fellas!!!!!!!!!!!!!! I see a bat on EURUSD Good luck Hearty