I know that it may look a little saturated, but if you are serious about investing in AMD (which is a good idea IMO, but not at this moment), look closer and you'll find a lot of useful info.
TL;DR:
1) Rally triggered by the launch of Zen2 processors got exhausted.
2) RSI divergence on both, weekly and daily charts.
3) Upcoming earnings (April 17, 2019) not...
We're getting very close to breaking out of the trend line going back twenty years to the 99` bubble. There have been multiple attempts over the last 2-3 years. Trump/ Fed keep lowering rates and want to continue the "expansion". I assume they will be successful and we'll have accelerated growth until 2020 Presidential elections. I expect 3600-4000 SPX before a...
Nike rebounded from a steep sell-off, to gap and run up. The support for the rebound is prior months’ highs. Stock indicators turned positive. However, resistance is stronger against the rebound candlestick pattern.
Hello traders!
Today we will talk about Risk-Off mode over NIKKEI225 and USDJPY, where we see a tight positive correlation!
As you can see, the main driver for the USDJPY sell-off was NIKKEI225, which may continue later this week, since we have seen an impulsive five-wave decline. In EW theory, after every five waves, a three-wave pullback follows and we can...
Does this recent decline in the cryptocurrency market mean investors have finally come to their senses that the market is unstable? Have investors finally realized that there was a massive bubble that the cryptocurrency? The Dotcom Bubble, which is very similar in characteristics to the Cryptocurrency Bubble resulted in the closure, bankruptcies, or legal...
Hey tradomaniacs and cryptoheads,
welcome to another signal!
Important: Wait for the retracement before you sell! Don`t sell the dip!
Type: Swingtrade
Sell-Limit: 5.997
Stop-Loss: 6.600
Target 1: 4.533
Target 2: 4.000
Targt 3: 116.495
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Price stalled at 149.70
Forming lower highs
Broken the 4hr support.
Below 50% retracement on the daily time frame.
Targets at 142.68 bottom
Stops above recent highs
Hey tradomaniacs,
what a HUUUUGE rate hike in turkey today. WOW!
We see that this rate hike obviously increased the value of TRY causing a sell-off today.
But what does that mean? We were breaking out of a triangle which is actually a trend-continuation-pattern.
Yeah... News like that can destroy every pattern and its rules. BUT what will happen?
Well,...
All traders are drawing the descending or on some even ascending triangles on BTC in the yearly or 6 months chart. All traders are hoping it won't break the bottom line support. Well since when did BTC behave like we expected it to. (Well yes I was on some charts not bad) but the point here is, we have bigger players in the game that look at the exact same charts...
It's pretty late, I'm just catching up on some work I didn't do. TLT correspond generally to the price and yield performance of the long-term sector of the U.S. Treasury market as defined by the Barclays Capital 20+ Year Treasury Index. Fridays had a mid-day 'rip your face off' bounce from the lows in the overall market.
I wasn't able to catch it by the time I...
Some say that that Dow Jones Transportation Average index can be used to predict the behaviour of the stock market. If it is true: the index seems to approach a support line. Perhaps this may indicate that the sell-off in the stock market is over soon? Well, we will see ...
BOJ Miss:
1. BOJ deliver one of the biggest misses in history (vs expectations/ pressure) - only increasing ETF purchases and dollar funding by apprx $60bn annual in total vs 10-20bps of Depo and LSP cuts + 5-20trn in QE increase + ETF increase.
*See attached post for in-depth detail on the BOJ situation and price action history/ Yen strength/ Safe havens*
...
Also as additional technicals to support the short NZD$ view:
1. On the daily, weekly and H1 NU currently Trades (and at 0.73) close/ at to its +2 standard deviation lines, these are highly resistive.
- Assuming NU trades mean reverting +2SD means there is a 95% chance of a price reversal/ 95% of all prices should be below the +2SD channel lines (e.g. NU...
Also as additional technicals to support the short NZD$ view:
1. On the daily, H1 and weekly NU currently Trades (and at 0.73) close/ at to its +2 standard deviation lines, these are highly resistive.
- Assuming NU trades mean reverting +2SD means there is a 95% chance of a price reversal/ 95% of all prices should be below the +2SD channel lines (e.g. NU...
