technicals

Following up from our latest post on AUDUSD, we got the first impulse move up after price met the minimum target area around 0.7827 on the lower timeframe. Our bias still remains to the upside, and we are now looking for opportunities to scale in, increasing our profit potential, yet at the same time reducing our risk. *These posts are meant to be educational, ...

Technicals are showing up short everywhere, right on major S/R line. Power bars have shown up. Super short on this one.

Just testing, my first graph of BCN. Very basic. Lets see what happens.

***$VCPS GROUNDBREAKING WINE INDUSTRY APP LAUNCH*** VCPS is an OTC Pink stock that is current and trademarked in the wine industry with a mobile app; patent pending. The wine industry is expected to continue it’s exponential growth in 2017. VinCompass seems to have a leg up on this projection with the amount of effort they have put into their brand. Special ...

We don't get any good swing setup this week. Thus we shifted our focus towards equities market as well as intraday trades on the currencies. As a trader, we need to be versatile and adaptive towards what the market is presenting to us. No point forcing a trade just because we needed to take one. Having said that, GBPUSD is currently presenting a decent very short ...

NZDJPY has pulled back to a previous resistance area and is in the process of forming a Head and Shoulders pattern. A break of the neckline will provide an opportunity for shorts to the 79.200 which is the Head and Shoulders technical target.

The Aussie has been rallying strongly since the last RBA Rate Statement, and coupled with the weakness on the US Dollar, the AUDUSD has gained more than 6% in the last 30 days. As often stated in the RBA Rate Statement, rising Aussie will complicate the economic transition. Given the RBA is meeting this week, will they send out a dovish tone to push the Aussie ...

This week the top 3 currencies to focus on will be the AUD, GBP and USD. Looking at EURGBP, price has reached the minimum expected area for an expanded flat structure, forming the X structure of a higher degree. Coupled with the RSI divergence and crawl move of the price development, we are in anticipation that a down move is coming soon. For this, we will be ...

Will EURCAD repeat what it has done back in early June? We are seeing a similar pattern forming recently - 1) Price has been inching higher with a loss of strength and momentum; 2) We are seeing a divergence in RSI and price; and 3) Price is entering the minimum expected area of wave 5. All these factors gave us the expectation that price has a higher ...

batter up

ETHUSD is bound for a bullish run. Seg-wit is nearly locked in and uncertainty surrounding Bitcoin's future is settled. Markets are ripe for a bull run as investor sentiment increases by the day. There was a major selloff of Ethereum in the wake of ICO madness, leaving new ETH investors disappointed and oversold. August marks the turn of a new era for crypto— ...

Good technical set-up to go short this pair, but the fundamental announcements coming out tomorrow on super Thursday are going to cause high volatility. I am sitting this one out.

Entry Details Pair: XAGUSD Order: BUY CMP Entry: 16.77067 Take Profit : 17.5963 Stop loss : 16.1577 Risk Vs Reward: 1:1.35

The currencies market has been slow the last two weeks. This is where having a stock/equities portfolio comes in play. Short term wise, we do have a sell opportunity on Wells Fargo, WFC. Fundamental analysis 1) Revenue has been growing, but net income has been falling; 2) Operating cash flow and FCF dropped drastically; and 3) Both ROA and ROE has been ...

The US Dollar has been under pressured for the whole of 2017 even with the rate hike from the FED recently. The sentiment in the US and thus the Dollar remains bearish especially with Trump as the president and his administration. Looking at the weekly perspective of the Dollar Index, 89.62 remains a key level for the dollar. A break below this level will ...

If you are looking for a large cap stock to short, Goldman Sachs might just be a good one to look at. Fundamental The fundamentals for Goldman is showing signs of concern - 1) Revenue has been falling for the past 3 years; 2) Net income has been hovering without growth for the past 5 years; 3) Operating and free cash flow has been falling for the past 2 ...

I've been scanning the US equities market for some interesting companies to accumulate. Disney caught my attention. Fundamental The fundamentals for Disney is very strong - 1) Revenue has been growing for the past 5 years; 2) Net income has been growing for the past 5 years; 3) FCF has been increasing for the past 5 years; 4) Net margin has been increasing ...

We have been seeing the US Dollar weakens since the start of this year. USDCHF has been falling from the high of 1.0300 to the recent low of 0.9500 area. Are we going to see a potential reversal soon? Based on the wave analysis, the recent price development seems to be showing signs that we can expect a move to the upside soon - either as a deeper retracement, or ...