We have a good opportunity to go long GBPAUD with a rather tight stop loss here. Now that RgMov shows us that the trend is up once again, we look to buy on oversold dips, but that might take a while, after this first run up is done and momentum slows down in this pair. Good luck! Ivan Labrie.
The Gold/Silver index is well supported here, against the former long term downtrend resistance, now turned support, plus the recent uptrend mode (most frequent price in the advance). If we have good follow through to the upside tomorrow, we can expect a sizeable bullish move in precious metals. For both gold and silver instruments, you can enter longs at market...
USDJPY exhibits signs of a large scale trend reversal, to be initially confirmed after August's close, as long as the month ends with USDJPY trading above 102.611 on close. We shouldn enter longs at market open, as described on the chart, risking a 1/3 of our maximum risk per trade, and adding if we get a dip to support with the same stop loss. This will keep the...
We reentered USDCAD longs today. I expect a strong rally to emerge from here, today's strong close after a shakeout (post Yellen's mumbo jumbo) gave way to a solid advance that broke the Brexit key level resistance. If we observe that next week's trading stays above the blue rectangle (the weekly uptrend mode), we will get confirmation of a rally towards 1.372, to...
We had a massive breakdown today, it's likely to get a time at mode short signal to confirm on Monday, if we don't retest the blue rectangle above. If not short, you make take positions at the open. Risk 0.5-1% on this entry. Target is just the support below, but it could retrace after hitting the box target, or after the time projection ends. Either way, I expect...
We can risk going long USDCNH, with stops under 6.6224. Risk 0.5-1% on this trade. Good luck! Ivan Labrie.
We can take this long here, risking a drop under 0.97612. Target is not set in stone, but watch how it evolves. We're testing a critical support level, but also facing considerable resistance, so we might have to be patient. I still think the trend will continue to be up, so, not a huge concern to hold this. Good luck! Ivan Labrie. PS: I had a moderator comment...
Although we have a considerable amount of longs still, the technicals suggest going long silver is a smart thing to do. I like the idea of buying until it takes off...follow the indications on chart. The correction has matched the previous one, price range wise, but the timing doesn't match. We can estimate a target based on the previous rally, and on time at mode...
We can take AUDUSD for a spin again. Long entry is at market price, stop at 0.75836, aiming for a rally to 0.79414 ideally, but we'll monitor the progress as we go. Good luck! Ivan Labrie.
It appears we will have a correction in SPX from here onwards. At least it's highly likely given the price action and prospect of a rate hike. Now, as far as the downtrend goes, most people would expect a gigantic crash, as they have been for a long time, but I'd pay close attention to the key levels below for buy opportunities. Vix shows interesting levels...
In this chart I describe the trading signals generated by Tim West's techniques, in particular the methods revolving around the RgMov and Key Earnings Support indicators. You can see signals that failed are very few, and the trade setups obtained in one year have been really precise if executed correctly. If you're interested in learning the specifics of this...
We have a nice chance to enter longs in the daily chart here. I'm already long from earlier today, thanks to an intraday signal, but the daily has now triggered a long entry. The target is on chart, but it's nothing definitive. Watch it after it gets overbought, if the month closes above 2.967 it'll be extremely positive for longer term longs in it. Check out my...
We have a nice setup here, with RgMov in a a daily uptrend and CCI crossing over from oversold. Risking a drop to 1.21799 is reasonable. Let's aim for 1.32677. Cheers! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a...
In one week, the Merval index will be in a weekly downtrend, as long as the close is below 15561. Rgmov had fired a short signal 4 weeks ago, and this rally is a good opportunity for Argentinian investors to either unload longs, or even go short the index. Good luck! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this...
We can enter shorts based on the RgMov signal obtained from the ES1! ticker (rolling contract). Good luck! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access...
High yield corporate bonds are at an interesting spot, if we get a new weekly low, we can go short as described on chart. You should wait for the market to open to enter the trade, don't place pending orders before then. Good luck! Ivan Labrie,
Let's enter shorts in CMCSA at market price, stop loss is 68.32. Looks like a good chance with bearish RgMov signals pointing to further downside, while the daily chart uptrend turns around dropping under the Key Earnings Support level above. This is a very conservative stop loss, but I prefer to take small risks when it comes to fighting the trend. Good...
I reccomend taking longs in UAL at market price, it'll be a good addition to your portfolio here. Risk a new monthly low, and enter at market. We will trade around this core position in lower timeframes if doable. With oil sky high and about to turn down, I feel this is an ideal vehicle to profit from the incoming drop. Risk 0.5% on this entry for now. Check out...