meets our indicators . she what they are in our book on amazon on pennies to thousands and tune into our channel of the same name.
meets indicators read in our book pennies to thousands or our utube channel same name book will give proper entry and exit points. next points are 50 day moving avg then cloud
With the tsunami of data this week, it was really hard to sieve out anything stellar. At best, we had employment data that was above expectation on Wednesday, as well as a moderately improved ISM manufacturing index. PMI and Factory Orders left much to be desired. Central Bankers all over the world are scratching their heads and trying in futility to save face...
Bearish Cypher Pattern Terminates at structure resistance. Pretty nice area of confluence. Let see if the cypher pattern will complete and the market will roll over. Happy Trading
Price has had a substantial daily pullback to 50% fib level Has now broken inner and outer TL's Shorts in play. Target 1 0% fib level.
I only want to be aware of where price has been in preparation to trade when the market is ready to move. In the business of trading for a living, we have to avoid becoming emotionally attached to a prediction.
Saudi Arabia controls the price of oil. Once you understand that, all technicals need to include variables for real world political manipulation of the worlds most important commodity. .... "Church of Krümel" Back in the day, there was a King, he turned off the blood supply to the industrial world. The world went into chaos, wars started... wars stopped. In the...
Yesterday, Janet Yellen of the Federal Reserve spoke confirming expectations that the Fed would sit tight on interest rates. She even admitted today that the Fed is considering negative interest rates. Her ominous tone did not bode well for the markets as evinced by the abysmal market opening today here in the US. In fact, the world's markets are rearing from...
#General #Electric Company (NYSE:GE) - Why $GE Could Double In The Next Two Years bit.ly #GE $GOOG #iot #ioe
My opinion stays the same, I think we can get lower on USDTRY as the old 2.96 support become the new resistance. To get the 2.82 target, a huge bearish breakout should be done on the 2.91.
Any hopes for a recovery this week were quashed by today's open and marked declines henceforth. There really doesn't seem to be any indication of a turnaround, unless some good data comes out this week, and there is quite a bit to anticipate. As the attached article notes, analysts are cutting their expectations for the S&P, and it would be good advice to any...
GBPCAD offers an attractive entry price at 2.00 even for a long term swing setup attempt for targets in the 2.20 area. From a Fundamental perspective, The UK remains to be the most likely to be starting it's rate hike cycle next. At the moment, none of the other Major currencies have even given any slight indication of the same. The unemployment numbers are...
From political instability to ineffectual QE, bullish news for the Euro is scant. We can look for more confirmation from Draghi to this effect soon to come. As far as the technicals are concerned, we have a very strong bearish head and shoulders pattern forming on the weekly chart. There is massive resistance from above via the ichimoku cloud which will make a...
Unfortunately for NFLX on the fundamentals side, they were ousted from Indonesia, which was a prime target for their international expansion endeavors, due to a failure to fulfill their censorship standards. Unfortunately for them, this simply adds to the list of bearish technical indicators despite 'buy' ratings from numerous sources. First, note the bearish...
When Apple was using the Power PC line of processors in their computers, I was extremely skeptical of them. Their operating systems prior to OS X were abysmal. They crashed all the time, and the availability of software for anything I wanted to do was scant. Then they started rolling out Intel processors, and updated OS, and a slew of performance upgrades and I...
There seems to be no shortage of bearish news on Crude oil lately. In fact, today's 'dark cloud cover' candlestick pattern is a bearish rejection of the level formed by Friday's close proves the little rally we saw on 2015-01-22 was merely just a short covering frenzy. Almost all the technicals indicate we are in a solid downtrend. The Aroon indicator is still...
NZD in good support. GBP QE/BREXIT possible Technically 1.1513 good support, be careful on the bearish breakout.