I've decided to make a play on the oil prices and chose /MCL futures for this venture. The trade required a BP (buying power) of $600, with a maximum profit potential of 1.07cr. This sets up a favorable risk-reward ratio of 1:6. The IVR (Implied Volatility Rank) stands at 51, which is advantageous for the credit strategies I prefer. With a PoP (Probability of...
During Monday's Asian session, the EUR/USD pair experienced modest declines, primarily due to renewed demand for US dollars. The rise of the EUR seems constrained due to current macroeconomic prospects. Currently, the pair is trading near 1.0935, with a 0.08% loss for the day. Economic data from Germany indicates an improvement in the German IFO business climate...
The price of gold has struggled to surpass $2,000, facing resistance around $2,010. Daily oscillators suggest potential buying opportunities around $1,989-1.988, with support levels at $1,979-1.978 and $1,965. A break below the latter could lead to levels around $1,940. On the other hand, a break above $2,000 could pave the way for $2,007 and $2,009-2,010, with...
Quantitatively speaking all of my systems aggregated are long. There will of course, be a lot volatility. Like any other normal crypto upwards trending market. Not providing and esoteric uber complex system on here since they are private. Now with that being said, a myriad of things are in the right direction for HTF investing and also if you had a good...
If you haven't bought INTU ahead of the previous earnings: Then analyzing the options chain and the chart patterns of INTU Intuit prior to the earnings report this week, I would consider purchasing the 560usd strike price Puts with an expiration date of 2023-12-1, for a premium of approximately $11.50. If these options prove to be profitable prior to the...
If you haven`t bought ADSK ahead of the previous earnings: Then analyzing the options chain and the chart patterns of ADSK Autodesk prior to the earnings report this week, I would consider purchasing the 210usd strike price Puts with an expiration date of 2023-11-24, for a premium of approximately $4.00. If these options prove to be profitable prior to the...
This is 15 minutes chart and we are targeting a TP of 38416.74 aiming the highest of 15 time frame on a pennant chart. This is our short term analysis as when we go to daily time frame we see a strong Billish confirming a continuation of a weekly bullish. By then we are aiming a TP of 40848.00 Please leave your opinion on a comment box
Missed the trend? Wait for price to come back to the ultratrend cloud. --- Already in a trade and don't know when to exit? Wait for price to enter the red zone, then look at the masterCycle signal. If the arrow flashes and the oscillator cloud turns red, it's time to sell
Hi Everyone, it's been a while but I'll slowly get back at posting my trading ideas here. Today's setup is on AUDUSD. AUD has had a good rally with the US Dollar weakness, which is currently retracing and reaching a key level. My Setup takes into account the 50% Fibonacci retracement as well as 0.65200 area of previous resistance that could be tested as a...
Hello traders! Entry: 2013.00 Stop Loss: 2015.50 Target: 1983.00 Wait to enter the trade! Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
If you haven`t bought TMC before the spike: Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week, I would consider purchasing the 1usd strike price at the money long term Calls with an expiration date of 2026-1-16, for a premium of approximately $0.50. If these options prove to be profitable...
The situation in the Middle East has impacted global markets, affecting commodities like the gold price on Comex. Despite optimism related to Chinese stimulus and expectations of the Federal Reserve maintaining interest rates, Comex gold faces challenges. The recent US CPI report indicated consumer inflation cooling faster than anticipated, while unemployment...
Analyzing the recurring cycles within the BNB/BTC pairing reveals a promising landscape for strategic trading. Over 650-day intervals, distinct patterns emerge, guiding investors through highs and lows in price dynamics. This cyclic strategy presents a valuable tool for traders seeking optimal moments to exchange between BNB and BTC, potentially maximizing...
If you haven`t bought FUTU`s dip here: Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 64usd strike price Calls with an expiration date of 2023-11-24, for a premium of approximately $1.33. If these options prove to be profitable prior to the earnings release, I would...
The Canadian Dollar experiences a slight uptick in a calm yet moderately optimistic Monday. Tuesday's Canadian CPI figures will be in focus for Loonie traders. The market anticipates a marginal increase in the monthly figure, 0.1% for October compared to September's -0.1%. The expected annualized Canadian CPI inflation is projected to cool slightly, coming in at...
On Friday, the EUR/USD exchange rate is rising, approaching 1.0900, with the U.S. dollar supported by higher Treasury yields and mixed market sentiment. The pair is poised to mark the highest weekly close since August. Despite a lower low, the pair quickly reversed the trend upwards according to the daily chart. The 100 and 200 Simple Moving Averages (SMAs) are...
On November 17th, the USA's technology stocks index closed with a modest gain of +0.03%. The opening was stable compared to the previous day's closing, followed by a gradual improvement throughout the session. The short-term trend of the Nasdaq 100 is strengthening, with a resistance area identified at 15,956.4, while the nearest support is seen at 15,601.2. An...
West Texas Intermediate (WTI), the benchmark for U.S. crude oil, has rebounded from a three-month low of $72.22, experiencing a more than 4% increase during the mid-North American session. This rise has been attributed to U.S. sanctions on Russian oil shippers and profit-taking by traders. Currently, WTI is traded at $75.97 per barrel, marking a gain of 4.27%....