Seems like GPRO has upside left, closed above the last uptrend mode after expanding range. Very bullish signals, also a quarterly and yearly EMA crossover today (66 and 253 EMA, Tim West's reccomended periods). If already long, you can book profits at the targets on chart, 50% and 50%, 25% and 75%, up to you. you can also trail the stop to protect profits at the...
It would appear like the uptrend that had started a while back has ended. I posted a few charts, and succesfully tracked all the moves in this instrument. This is a testament to Tim West's analytical methodology, which I humbly apply. This is coherent with my intermarket analysis publication's expected outcome of the recent fundamental paradigm shift that made...
We have a rounded bottom on chart, visible in the 5 day chart, where we can also appreciate that RgMov is in an uptrend and CCI has given us a hidden bullish divergence signal. This, paired with the quarterly and weekly downtrend in the gbpusd pair, and the fact that the eurusd is completely overextended, and has almost hit my weekly downtrend target, I expect...
The chart shows a time at mode trend signal that aims considerably higher, but there are hurdles along the way. It might be interesting to short once the resistances labeled on chart are reached, but only under the highest low. We can also attempt to capture shorter timeframe legs, up and down, using the 65 minute chart for example. It's clear that the broad risk...
Simple analysis on chart. This correlates well with my intermarket analysis view, a monster eurusd downtrend and a massive EUSTX/DAX rally. Trade has good probability, but it's most importantly a forecast, and part of my current market worldview, like Van Tharp calls it. Good luck if taking the trade. If you want live updates and more information, make sure to...
We have a potential short setup in the Pound/Yen, where a time at mode uptrend might fail against resistance. Price also appears to be completing a rising wedge, so if indeed valid, the move down will be very sharp and lead to a retest of the lows in 1/3 of the time that it took for it to go up. I've used the futures symbols as a ratio to give me an indication of...
On the verge of Japan data, we are looking at this potential short term short. The monthly chart has an interesting signal, same as the weekly and daily, all demand lower lows, and fast. It's possible that we get a time at mode breakout down from this zone. Keep your eyes open to sell the breakout down. Should be fast if it works. Good luck! If you want live...
AAPL has traced a very impressive rally after the bearish setup we had in the weekly failed miserably. The current explosion sits right below the 253 period moving average, and also very near to a strong cluster of resistance where we have low volume resistance and the 200 period MA, which many people watch. If it flies past these levels, I'd expect it to hit my...
The previous analysis on this pair failed and led to a massive paradigm shift in the markets, which struck me with clarity. I'll look for long positions in this pair on any chance that I get. The quarterly chart has an uptrend signal that will confirm by year end's close, as long as it's above 0.9324. There's resistance above, let's see how price reacts to...
I had posted bullish setups in the past, which got invalidated. At the time, I didn't expect such a massive sell signal to emerge, but now it's confirmed. This serves as demonstration, since you can't enter safely now, but you can know the direction the index will take in the intermediate term. The downtrend signal aims for 7430, in the span of 5 months max,...
The S&P500 has a pattern that is extremely interesting. I've devised an indicator I call Range-Movement, which I say Range-Move and shorten to RgMov on the chart below. It measures the way the market is moving and compares ranges to ranges, side-by-side. It also gives very interesting indications of TREND and sometimes more importantly it shows the level of...
I was considering two alternative scenarios for the market. Initially I thought the Euro rally and equities meltdown had more merit, but after close scrutiny and being stopped out and thus having my EURUSD and USDCHF long and short invalidated, I realized that the appetite for risk was evident, had I looked at it without weighing in my risk off rally thesis so...
Here's my updated view on USDJPY. We have a few interesting resistance levels ahead, but overall, the pair is looking up, receiving a strong boost thanks to Mr. Mario Draghi's magic words, and the Nikkei rally before it. Low volume resistance at 121.7 may halt the advance, keep that in mind. I'm in other related trades, I'll try to balance these positions by...
After the crude oil inventories news came out, we observed a drop under the weekly mode in crude, but rather fast, it found support and buyers stepped in, creating a hammer candle pattern. This is considerably bullish, and to add insult to injury, price was supported right above the highest volume node, while rgmov is in a daily uptrend. Buying over this high in...
In my last chart I analyzed the profile chart in the weekly. In this installment I depict the interesting levels to monitor in the daily chart . We have a weekly downtrend expiring on Friday, this is bullish for this pair since it implies that it's possible to retest the mode from where the 10 week downtrend launched, at 124.221. If we manage to move above...
NZDJPY had a potential short setup under resistance but it's proven to a very strong advance so far. I'd like to see price move and close above the new 8 bar mode that it has built higher, and eventually signal a time at mode trend trade. The risk/reward of said long would be optimal if price manages to climb above the resistance, and validates the weekly...
In my previous idea I located the key levels on chart, and was biased towards a short. Recently, it started being obvious that the Yen was weakening, so I decided to go long GBPJPY. I still think the dollar will remain weak for the rest of the year, possibly until June 2016, nothing has changed, but the Nikkei is implying that it will rally asap. Tim West's...
In this chart I conducted a very detailed time at mode analysis of the monthly chart in gold, adjusted by the world's investor's perception of the dollar to give us a clearer indication of its value. Right now, the chart suggests gold might have bottomed in the intermediate to long term. This is by no means a small claim, I know, but the technicals on chart are a...