TLT appears to be extremely toppy here. We can look to short if we see a drop under last month's low during August. If not, we'll have to move the sell stop to August's low. Stop loss is a new all time high plus 1 tick. Good luck! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or...
ABMD offers a potential long opportunity here. Look to go long ABMD close to the key earnings support at 115.98, risk is a drop to 113.68, so size your trade (and use stops) accordingly. If this support level doesn't hold, we could witness a larger correction, which would constitute an excellent discount to acquire this company's shares for the long term. Good...
Stop is pretty tight here, around 2123 for the SPX. We can enter longs here (I'm in from 2131.7, but was busy to post) It's still a good entry here, so feel free to jump in with 1% risk. I expect it to retest the all time high. We have a pending time at mode target which I'll illustrate after posting so you can jump in quickly. Good luck, Ivan Labrie.
The implications are that since IBB failed to hold below 282.68 and drop with the market, we might see a strong risk on move accross the board. We can also examine BID to find it's holding earnings support. These two stocks can tell you a lot about the direction of the broad market, as illustrated by Tim West in his publications. I am net long again, but with an...
We can enter longs here (or in AUDJPY, like I reccomended to my clients), risking a small drop below low volume support). Risking 0.5% potential upside makes this trade worth it. The weight of evidence suggests the BOJ will help us make some decent progress on this position soon. Cheers, Ivan Labrie.
We can enter longs here asap, risk 0.5% on this position, the uptrend might resume its upwards trayectory here. The previous signal we got in this stock was great, I think we have good odds here as well. Cheers, Ivan Labrie.
AMD seems to be offering a chance to rejoin the strong rally here, we can take a position if not already in. We bought today at 5.85, at the Key Hidden Levels chatroom. Good luck! Ivan Labrie.
We can take a long position in TWTR here, we're long and looking to ride the upcoming uptrend leg. Check out related ideas for the previous trade opportunity in TWTR. It's a very strongly accumulated stock, this is just the beginning of the uptrend in it. Good luck, Ivan Labrie.
AUDCHF offers a good long entry here. Risking 0.5-1% is a good idea. The pair has completed a correction against the Brexit Key Level, where bulls have stepped in, and is ready to march higher. Good luck, Ivan Labrie.
In this chart we can observe the currently active time at mode signal in the monthly QQQ chart. The uptrend has a long way to go still, so I expect further upside. You should be long a few stocks by now, or at least long QQQ or QLD, or SPY. Let's see how this evolves. Good luck, Ivan Labrie.
We can go long the Aussie here, or if we don't see bearish follow through in the next 3 days if more conservative. Stop loss should be below 0.7392. You can either take it at market or wait 3 days to jump in. Until FOMC is out I don't expect to see long lasting directional moves in the dollar, and neither should you in my opinion. Cheers, Ivan Labrie.
DBK lends itself to a downtrend continuation trade. Enter at market open tomorrow, keep stops at 13.85. We can trade this using the ADR if trading in the US stock market (DB ticker), in which case, we'd have to use a different stop loss. Ask if you're interested in taking that setup. There's a distinct possibility that DBK resumes the long term downtrend from...
My local currency is in terrible shape, and has confirmed a daily uptrend as per the RgMov signal on chart. You can see the key levels associated to speeches by the Argentinian president Mauricio Macri, and how price action has moved between these levels so far. I anticipate a breakout of this level above, and a continued rally in this currency pair. If you took...
I had shared this entry in the 'Key Hidden Leves' chatroom on Friday. The target on chart is the time at mode target obtained from the 3 day timeframe. We can expect immediate downside in this stock, after the market opens. If not short, you could take the short at the open and use a stop above 88.20. Good luck! Ivan Labrie.
Entering shorts here is wise (I'm already in but had a delay posting the idea). You can still get in with stops above today's high + 1 tick, risking 0.5-1% on the position. Good luck! Ivan Labrie.
We have a nice setup in this pair (which you can trade shorting CADCHF as well). CHFCAD is at the bottom of the trading range here and is likely to return to the yearly moving average above. I'll be entering longs, after today's daily close, if we break the daily high. Stop loss has to be under today's low plus 1 tick to be safe. Risk 0.5-1% on this position and...
In this chart I'd like to bring a few important points to everyone's attention. First, this is a new trend, if the DJIA forecast is valid, and now that the cards are dealt, we might see a pullback, and the market can go where stops are. That's what generally happens. Try to avoid going by gut feeling, or joining the herd, so to speak. I'd reccomend keeping an eye...
We can go long GBPUSD here. Sentiment is at a bearish extreme and I don't think we'll see follow through to the downside when oil, the yen and other dollar pairs are stuck in a triangle (due to market awaiting FOMC outcome). Stop should be below 1.3128. I'm risking half on this and the AUDUSD long (see related ideas), while I hold my SPX short from 2187.5 (covered...