In my analysis, I have detected a few interesting junctures, that are soon to materialize. The recent rallies in oil, Canadian dollar, oil, gold, Euro and S&P500 might close to a turn here. The Pound is also at an interesting juncture, with some upside potential still. Gold, is possibly reversing the long term decline from the 2011 high, so if we do get a sizeable...
We have a clear scenario, get out of dollars, get pesos, or get any of the assets in here except for gold and yen (or at least, get lesser amounts of these, since they have already gained a lot of strength). Play catch up, play it smart. Cheers, Ivan Labrie. Time at Mode FX.
Simple, price at 52 week EMA, if we close under the mode this week, this will start a 16 week downtrend. We can use an extremely tight stop producing a 27:1 r/r trade if we reach the extreme target. Good luck! Ivan.
In this chart I describe the multiple time at mode signals and elements we can extract from price action in gold and silver, in monthly scale. It's worth noting that there's a possibility of a long term decline reversal, specially evident in the case of gold, where the 17 bar downtrend on chart has failed. Trying to take long positions from lower timeframes will...
Twitter has a very interesting chart pattern here. We have evidence of large positions being accumulated, and of possible shakeouts taking place in this zone. Currently, price sits above the volume mode, as you can see in the profile graph to the right, and has seen great climactic volume action in a downbar yesterday, while today went straight up from the...
I have entered a long position today, as depicted on chart. I closed 50% of it when it reached the 1R profit mark to make it risk free, and moved the stop los to entry now. I'll be looking to add to this trade, in case we confirm a time at mode trend signal like the one depicted on chart. Once we find the top here, would look for the opposite side of the trade,...
We're currently in a short position in USDJPY, aiming to capture the resumption of the weekly downtrend in this pair. The two targets on chart are time at mode targets obtained from the daily, but there's a possibility that USDJPY reaches down into the 2009 monthly uptrend's mode, or most frequent price in the advance. The uptrend from the 2009 low culminated in...
Crude oil has reached the weekly downtrend target I had labeled on my charts, and way ahead of time. Amidst droves of hype, and news stories about Iran's contribution to global glut, and panic, oil started rallying (typically, after reaching a sentiment extreme, clearly diagnosed by my mentor, Tim West, in his publication calling the bottom in oil, with a 10...
We are at a very critical juncture in the market, and it's possible to see increased chances of a rally in oil and equities, and probably a dollar decline against emerging markets currencies, at least vs the yen, aussie and canadian. Argentina's monetary policy might make the selling pressure persist though, and we might see this target hit in little time. The...
USDCAD is approaching a serious support area as described in my chart. We have covered this pair extensively with Tim West, in the Key Hidden Levels chatroom. I had shorts from multiple levels and have covered them for now. The trade here is to go long when hitting the support level on chart, using a wide stop initially, to then reduce risk and increase position...
This chart is significantly interesting for a variety of reasons. On a technical and fundamental basis I think we can expect NZDCAD to sell off in the intermediate to long term, and right here we have the perfect excuse to join in on this action as a position trade. The entry is a discretionary entry, below the previous monthly close, in case next month, we stay...
USDCAD has confirmed a daily time at mode downtrend aiming for 1.30 as maximum target. I'm short from last night, using a discretionary entry ahead of confirmation in the daily, but I'll be adding as we progress towards the target and continue to be in the money with our position. Good luck if going short with me, remember to keep a wide stop loss, either ATR...
I'll be monitoring this pair for a short entry soon, if we break the weekly support, and expand the daily range down we might get sufficient reason to get involved on the short side. The setup is purely technical, I'm not considering Turkish fundamentals but if anyone wants to expand on them, maybe they can shed some light on this setup. Feel free to leave your...
Let's see if GBPAUD has what it takes to fight all the bearish signals on chart, and break above the previous downtrend mode resistance. The weekly chart offers a time at mode uptrend expiration signal, which suggests price can retest the mode at 1.94578 in 14 weeks or less. In the daily, off the recent swing low, an uptrend signal formed, but it has already...
In this chart I describe the current estimated trayectory for the Euro. I expect a brieft retracement, if we were to move above the last daily high, crossing the recent FOMC minutes release Key Level, and go to test the low volume resistance levels above, and eventually test the top FOMC key levels if said resistances fail to hold. It's possible to go long above...
If we use Time at mode, we can detect patterns of accumulation and distribution, and use the order flow to position ourselves advantageously in any instrument, as long as there is sufficient liquidity in it to be tradeable. In the case of Ethereum, we had a signal trigger in the weekly recently, which suggested a potential 170% rally would start, that would last...
We have a potential quarterly uptrend in USDCHF, and since we're pretty close to the invalidation, I figured it was a nice trade to take. The weekly has a potential downtrend failure, and it seems like daily bears have ran out of steam. If this setup pans out, we can add to this core position and have a great longterm trade. Good luck if taking it, Cheers. Ivan Labrie.
The chart is clear for USDNOK, it's apparently forming a topping pattern (which you won't see me use often, sine they are quite rare, and often misdiagnosed...). The time at mode analysis of multiple timeframes, points to a moderately high probability of seeing a decline back to 7.6543 by June this year. The entry on chart, is one of many possible entries, albeit...