Dear followers, we have a good and fundamentally backed uptrend here, both boosted by the Winklevoss ETF, and Chinese investors fleeing from China as the PBOC might go with stricter controls in the near future. Price action, and fundamental key levels favor the advance, as well as the 'Time at mode' and RgMov signals discussed before. We can add to longs once...
We're at a make or break level in the Footsie, it has to break to the upside soon, or else we'll see a pullback and lower prices, or a stall in the uptrend and simply more sideways activity. Right now, you should be flat, but breakouts to the upside can be bought with tight stops. Until fundamentals are out of the way, breakouts might not last, on either...
We can long SCTY here, I think we can expect a breakout very soon. Risk 0.5-1% on the position. Good luck! Ivan Labrie.
We can enter long positions in BTCCNY, with stop at 4157.42, in roughly 4 hours from now. Risking 0.5-1%-2% is fine here. If we quickly go back above the green line on chart, we can expect a sizeable move to the upside. This could be a nice stop hunting decline for sure. Good luck! Ivan Labrie.
I'm currently holding 15% of my capital in non-leveraged long positions in BTC after closing my leveraged longs for a nice 2.5:1 profit, or 10.375:1 if you factor in the floating drawdown while holding it. I reccomend holding if you're long, you can book some leveraged positions, but don't sell BTC you own, unless it exceeds 80% of your Bitcoin trading capital....
AUDUSD has a very bullish long term, intermediate term, and short term chart. We can add to our core positions, if we make a new daily high. We can also take a short term trade once that happens, with a tight stop at the previous daily bar's close. Target is roughly 0.77 for the short term position, and over 0.8350 for the long term entries. Long term positions...
I'm going short gold after closing longs, I'll add if we break under today's low, on close, with a tighter stop as a swing trade. Good luck! Ivan 'gold bug party pooper' Labrie. ps: I'd reccomend against going long gold miners, gold, silver, and others here, risk is very high. Wait for commercial traders to go flat again (like at the beginning of the year)
We have an interesting spread between copper and oil, with the ratio chart showing signs of outperformance in Copper, relative to Oil today. We might be at a local bottom for this ratio, which paves the way for AUDCAD longs, as well as trading Copper and Oil futures/CFDs as a pair, going long Copper, whilst simultaneously going short Oil. This is a very...
We have a huge level below, and price has formed a daily 'Time at mode' signal. You can enter longs here, risking a new daily low, and aiming for at least 17405 to be hit rapidly. This is a technical setup, and it has good enough odds as to risk 1-2% in the position. Good luck if you take it, Ivan Labrie.
This chart shows the price of gold, adjusted by the dollar, which shows us how foreign investors' currencies fare against gold. So far, it's clear we have an uptrend, in the long term, but right now, we could be in the presence of a lengthy sideways consolidation. Most traders expect a massive rally, and a crash in equities. I think none of the two will happen,...
We have an interesting signal here, potentially very bullish breakout to come after earnings in V. You can take the long position following my stop loss reccomendation, or simply size it to risk 0.5-1% based on this stop loss distance. Risk would come at $3.01 per share give or take. For more setups like this, message me or Tim West, or visit the Key Hidden Levels...
Go long GM if we break out above last week's high here. Stop should be under last Friday's low. Valuation is excellent for buys in GM, since they are currently extremely profitable and with great yield at these levels. We can expect a nice rally to 33-35 without much problem. Good luck! Ivan Labrie.
TSLA is at a great spot to scoop shares for the long term. Factor in the volatility to size the trade. You could spend 2% of your account on it, perhaps a bit more but not more than 5%. For swing trading, your risk is 15 dollars per share here. This level has held almost all declines so far, and price's turning up from here. The massive short interest makes for...
Traders, we have a bullish setup in oil, as you all know and judging by RgMov, it's unlikely for it to give dips to join the uptrend, or least, not when everyone's begging for one as they unwind shorts in loss. Pay attention to the two red dashed lines on chart. These two are speed lines, and determine the 'slope' one can expect from the uptrend, which if...
FB has traced a 'Time at mode' uptrend signal in the 3-day timeframe, and has also a pending monthly target that needs to be hit during October to validate the long term monthly uptrend momentum here. It's possible we see this target met during earnings, so being long is the natural thing to do here. Fundamental valuation isn't good for FB here, it's expensive,...
AXP has a very interesting setup here, and it appears it can rally strongly over $80 from here. The setup is a bi-weekly 'Time at mode' uptrend, so we can enter longs at market risking a reasonable $4.59 per share, for a total of position of 3.5%-7% of your capital (no need for a stop loss). Good luck! Ivan Labrie.
USDCHF has a very strong explosion pattern setup, a 'Time at mode' trend signal like the one I recently posted in the Nikkei. The quarterly chart has a potential 15 quarter uptrend which will confirm by the end of the year if we don't retest 0.9580 by then. We can take a long term position risking a drop to 0.9761, and a shorter term trade with bigger size, aiming...
Odds are that we're seeing the resumption of the long term advance suggested by the 6-month and 2-month charts in the dollar. Right now, it's pending confirmation, which will materialize once price hits the 99,58 mark here. There are to logical targets for this rally, one 7.82 points higher, and the other at 116 give or take. If price manages to break above 116,...