We have a great long opportunity (or a chance if you're long) in JBLU here. If you follow me and Tim West at the Key Hidden Levels chatroom you'd know we've been buying airlines for a while now, with great results too. I'm adding to JBLU here, looking to ride the next leg up with minimal risk. Risking 0.5-1% is ok here. Good luck! Ivan Labrie.
We have potential for a new uptrend signal emerging this week, after NFP comes out. If I'm right, we might see a strong rally in equities, lasting well into November. The time target would put a top by November 16th or sooner, which interestingly aligns with the Federal Reserve's FOMC November meeting, which has been hinted that will be a 'live' meeting, regarding...
We can reenter TWTR longs safely at the open tomorrow here. After Disney and Google backed off from bidding to acquire TWTR, the stock sold off drastically but now landed on a key earnings support level, so it's logical to expect a technical rebound here. We can enter longs at market open tomorrow, risking a drop to 15.70. I would stick to 0.5% risk for this one,...
We have a legit breakout in the Nasdaq 100, we can long QLD here safely. Good luck! Ivan Labrie.
It's possible we get continuation of the downtrend here, considering oil's fundamental and technical landscapes. There is a chance that we're seeing a terminal pattern, anticipating sharp declines ahead, after the end of this consolidation. To enter the trade, you may short at market or on a retrace, as long as price doesn't hit 1.32933. You can also use a stop at...
Earlier today I signaled it was time to go long BTCCNY once again, after booking profits from our earlier entries recently. You can see my fundamental research on BTC events and related news on chart. This is part of Tim West's approach, and a very powerful tool. My clients are long already, you can still jump in if not in the trade, just risk half and add on...
We can enter longs in this pair above Friday's high, which sits slightly above the Brexit key level resistance. There's a weekly uptrend that triggered recently, so we can expect a massive rally in this pair soon. Good luck! Ivan Labrie.
We can look to enter longs if the Euro manages to break out above the last daily high next week. NFP created strong volatility, which followed by a series of Fed speakers and oil data, led to a close near the highs after shaking everybody out (myself included). I managed to cover my short before losing any money, but my first long attempt failed. We can try once...
We have a nice setup in AUDUSD, although of lower probability than the others I posted today, since the longer term trend signals on chart aren't confirmed yet. Interestingly, price bottomed at the June 24th's session low...rings a bell? We can extrapolate the signals from commodities, to the ones in FX pairs, and take the daily chart signals as an excuse to join...
Oil has a great 'Time at mode' signal, and similarly to Gold, it seems to be operating in the 8-day timeframe. After the OPEC news, we took a long position in the 45.60 region, which we're still holding with my clients. I reccomended closing half of the trade before Friday's session, and we have stops at entry price on it now. After the production cut news, price...
Similarly to Silver, Gold has retraced back to support, in this case, also matching the Brexit session low, but also, the level where the most accumulation took place, before the previous uptrend signal triggered in the 8-day chart. This is the timeframe 'in control' and it's flashing the lowest possible risk entry to get long Gold. Entry is on a breakout above...
We can enter longs here risking a drop to 128.33. As much as I dislike Facebook, this setup looks very goood, and can lead into a sizeable move to the upside. Good luck! Ivan Labrie.
I'm pretty sure 97% of people were short DB lately, and pessimistic about its outlook. I was on that bandwagon, and shorting every rally for some time, but the latest developments made me change my mind on it. I think we have a great opportunity to long the stock here, if not already in that is. I'm in with a 0.25% risk position, and will add gradually to it,...
The NIFTY 50 index has showed nothing but sheer uncorrelated strength this year. The trend remains strong, and the market has acknowledged the weekly uptrend mode support here. If during the next 2 weeks, price doesn't drop further, we can long it safely. If we break above 8831.55 before that time runs out, bears will be in trouble too. Keep an eye on the uptrend...
If we see oil hit the 47.99 handle before the close on Friday, we can expect a sizeable rally to take place. If we do break above the monthly resistance above, validating this signal, the targets are, in order of probability: 58.21, 65.63 and 80.67. Right now, this would appear like a mad man's delusion, but, it's what the chart shows as logical, and probable if...
We have a nice setup in Copper, which already triggered off higher timeframes. The target on chart is the one forecasted in this way. This setup is valid until February 2017, if price doesn't retrace below 2.11. You can enter at market with stops there for the long term position, but you can also take a swing trade setup here, buying a half position at market...
We have a nice double bottom in TLT. We can speculate on going long on a break above the Brexit key level resistance at 134.42. Good luck! Ivan Labrie.
This is an update to my previous publication. We now have full confirmation of a weekly uptrend aiming for 110.141 by December 23rd or sooner. If not long you can buy new daily lows, or dips to 102.8 after this week's close. Jumping in now, is not bad, but not optimal. This uptrend probably implies that the smart money is getting into new leveraged positions for...