As usual I have no crystal ball. Overnight and into this morning, I've been watching the order-book action on Coinbase . What was striking was the amount of volume being exchanged on Ethereum compared to BTC. In essence BTC volume appeared to be quieter than Ethereum. I'm talking about he 'buckets' of trades - not the actual amounts of money. See my 44...
SUGARUSD Entry -Above highs of pinbar Stop -Below lows of pinbar Target -2 times stop Risk Management -Risk 1% to 2% -Ratio: 2:1
Recently USTs moved a lot lower as yields continued to push higher on inflation fears and hawkish guidance and communication from Fed. With investors and traders focusing on the 3.5% before any significant correction in stocks. However with the recent push hitting 3.23%, US stocks plunged sparking global risk off sentiment. As such USTs found support from safe...
Hey traders , for the days ahead , i see that the price in all time frames except 1min and 5 min and 15 min the trend is downtrend , the price is above MA 200 so we have to search about short bias but this is not for me right now , second the AOV- area of value is on the new support -the old resistance and closed on Friday with new resistance on 1.28400. The...
Fundamentals: CHF hasn't been acting in traditional safe haven character, with global risk sentiment in the "off" position and CHF is weakening. Unsure why this is, but if you look at yield spread between treasuries and CH10 its been widening all year as treasury yields rally and CH10 yield is relatively unchanged on the year. jan2018 spread= 250bps & Oct spread =...
Recently seen risk aversion in the market with US equities almost 9% off the recent peak (SP), US 10 year yields off the highs from 3.25% as low as 3.11% where there is near term support, Traditional high yielding FX (AUD lower, NZD lower, EUR lower, GBP lower), WTI crude 14% off recent peak and safe haven flows lifting JPY, gold, silver and US bonds. We're now...
NOTE : Sorry I misplaced the trump's election in the timeline... Sorry about that little glitch ! Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
The attention of the Ethereum community has been massively focused on the upcoming update called “Constantinople”. This is a huge step for the Ethereum blockchain, as the Constantinople was meant to bring a variety of upgrades, which were expected and needed. On 13 October 2018, Constantinople was put on the testnet, but failed to work. While it is unclear if it...
This is a short term play that, if all goes well, could turn into a long-term play. NYSE:VIPS is currently at the bottom of a micro uptrend channel (orange lines), looking to test the two major trend bear trend lines on the 4hr and Daily. I'm using a low risk entry on the bottom of the channel with a stop under the low of today which would be a confirmation...
=> We have an update to our S&P chart (see attached for our previous idea on the weekly) => This selloff was telegraphed miles in advance in our telegram group because of the correction in yields due to inflation and rates. => The caveat which underpins the rush to the doors is politics with the US mid-terms around the corner we are dangerously close to trigger...
=> What are we tracking here? => This is a very complex environment with major risk off flows from large funds in play last week. => Bears are refusing to capitulate and give the highs defending with everything they have meaning we can use the highs at 6.9586 as a line in the sand for triggering further risk-off flows, especially in the broader EM space. => On the...
EURUSD – A FURTHER BREAK LOWER IS LIKELY EURUSD remains in a holding pattern ahead of the latest US labor and earnings report with market expectations looking for a stronger release to support the US dollar at its current level. Recent US data has been strong, especially the ADP report and the ISM non-manufacturing/services composite release, and any upside beat...
ok so this is one of my least favorite charts, but its interesting. This is a water filtering company to be blunt, but they do and serve a much larger picture. In about 10 years, water is going to be like gold, at least fresh clean water, due to the amount we use and pollute. Water filtering will be a big deal in the future, so this could be a huge play but in...
We've been reporting for over a month now how coincidental it that the risk-rally has stalled at the origin of the GFC supply imbalance 10y ago. Also, how the macro pennant seen in the weekly shows a time projection of breaking around the US mid-term election. However, with the latest rally in risk, we may be just 1 day away from that milestone to happen this...
Bonds have broken a ranging period that they've held for months. Yields are near 7-year highs. That being said there's a big retracement starting to form on 30min/4hour charts so watch for it to test one of the Fibs. As you see it just broke 236 so it’s likely it will make a run for 382. The Kovach Indicators seem to confirm this. It seems we will likely...
From the current level, you can open a short-term high-risk short, with a stop in breakeven
bulls are in control and big money is in it for the buy. not responsible for your losses; trade at your own risk.