This has happened right before the last two crashes, and when the spread closed, a bottom (and a great long opportunity) formed. Watch this closely, the writing is on the wall. I'm holding SPY shorts, as well as oil, for the time being, expecting considerable downside in the short term. I think the catalyst will be on Friday, after NFP solidifies the rate hike...
USDCHF has essentially been trading exactly off Euro news for a bit now and I think it wants to keep this trend going, regardless of strength/weakness of Swiss data coming out this week. This presents an opportunity. Look for Swiss data to move USDCHF out of correlation, play the retrace game back to where it "should" be given the price of EURUSD. This is a...
In both March and April of 2016, CENX has hit the 8.00 mark to later jump to 8.50 within 2 week's time. It is my estimate -based on these previous rallies and the upward momentum as of late that it will once again rally to this 8.50 price point. Be aware that I take this to be a short-term trade as within 1-2 week's time I expect it to fall at or below a 7.00...
1. Supply coming in: up bar wide spread with high-ultra high volume closing off the highs of the bar follow by a down bar that confirms this weakness (2). 3. No demand bar: up bar with average-wide spread closing off the highs with less volume than the previous 3 bars, this signal needs to be confirmed with a down bar. 4. Trap up move: down bar with super wide...
After the birth into a brand new not so shiny market, I can happily say a vast majority of our active clients listened well and entered into XUAUSD positions with our platform www.STBinary.com Moving forwards we will see no doubt a large accumalitive growth pattern with GOLD. Uncertainty is king remember. Trade re-negotiation deals are coming. Scottish and Irish...
Update on a upsloping trendline (blue) which acts as resistance On the 5 hour chart, we should have generated a sell signal. I still remain short via puyt spread 1x2s, as frost is no longer an issue. It appears the market is still digesting this from last week and should correct lower IMHO as physical supplies out of Brazil remain steady. Warehouse stocks in...
Seems like no frost in Brazil. It was a busy weeks last week and throughout the weekend with fears a frost could hit coffee areas. None has been confirmed and worst fears did not play out. Once all of this is digested I expect some downside opportunities as the market goes back into trading technicals rather than emotions. Quite oversold and we saw sell...
As we see some support is coming in from our longer term trend channel as well as the lower Bbands. So far the last three weeks have provided with the expected sideways action once reaching 50. Selling calls has been the right strategy so far (51, 52 and 53 calls). At this support I am covering my short calls, but will hold of selling any put spreads to see how...
Still anticipating ranging markets. Opened a couple Bear/Credit Call Spread at $211/$216. I'm using a $5 spread because the R/R is better than $10 spread. Credit = $2.25 (net $2.14) Break even = $213.14 August Expiration* * I likely will not hold on till expiration. I would use a SPY price drop to take profits and remove the risk.
Gold bounced off of the support area for now Light volume during recent bounce indicates this is a retracement in the downtrend --> I threw in some Fibs to indicate where overhead resistance lies. Resistance at: - 7 day MA (currently there); a break would suggest the 20 day MA or the 38% FIb as target (1240ish) - 23% Fib at 1224, 38% Fib at 1240 Overall: the...
Pro Long: - Trend line provided massive support (dark red line) - High volume at support and during the rally - future spreads very strong (N16-U16 turned into backwardation) - If we close positive today 7 MA will cross 20 MA generating buy signal Contra Long: - running into resistance on middle Bollinger Band (20 day MA) I sold the 2900 puts last week as a...
Pro Long (Chart): - RSI and Stochastik created buy signal - Orange support line Pro Long (Physical): - ICE warehouse stocks new lows - spreads tightening ever so slightly Contra (Chart): - still in middle to upper end of trend channel - room to go in terms of lower Bollinger band - long term trend still down - risk/reward for long position not there IMHO I...
Every time we get a new Brexit poll report or see another Euro based calendar event we are seeing large scale negative response on the GBP. HOWEVER, the overall direction on the larger trend is clearly for LONG and right now we are massively oversold. Go Long, hold and earn big! Come and check out our trading team today www.STBinary.com
So with the Uk referendum looming there are many theories on the future direction of the GBP/USD asset. We are expecting an astronomical price surge and recovery once we skip over the pesky 23/06/16 calendar date..... Buy large, hold long and get rich :) Come and see how we can apply this and more to our daily binary trading signals. Simple profit, daily results.
looking at chart you can see the spread in the oil front to back contracts displayed is normally closer to 0, currently the spread is around -3. So the idea is to buy the front month CL contract and sell the Z contract. This also can be done with short options adding a decay component, contact me if you like further details on the option trade
Using our indicators we have set a spread trading on DAX - CAC. It's the time to buy DAX and to sell CAC .
For me this looks like a Bear-Flag in the downtrend. The Volatility Stop at 103.50$ is like a WALL.. If we break through Support at 100$ the next suppport is at abbout 94$. A Bear-Call-Spread above 108$ could be a good Idea.
This is a pair trade idea based on CNQ/XLE pair cointegration. My calculations show that these two stocks diverged by more than 2 standard deviation and, based on mean reversion, should come back to mean. This pair's rolling mean is 28.3 over the last 280 trading sessions. The current value is 23.6 and one standard deviation is 1.8. The trad can be done by...