EURCAD is displaying a potential topping pattern at the top of the recent range, right against a long term mode, the price zone with the most activity in the chart since 1994. The previous reaction to such a strong historical resistance level was seen in the chart I posted before, where I reccomended buying against support for a potentially very large move to the...
Bitcoin has been in a monthly uptrend for some time, but still hasn't reached the target. Currently the weekly chart had given signs of a potential decline, but said decline is now failing to confirm the downside, giving way to a potential long trade. I'll be looking to enter longs by the weekly close, aiming for a 58% to 100% upside, risking more or less 20% from...
Many people will think this post is insanity, but I'm simply revisiting, and zooming on a very interesting setup I had detected some time ago. This is a ratio chart of the S&P500 index compared to Gold. The risk off sentiment is reaching a very vivid extreme here, and like anything else, it trends with Time at Mode concepts. I'm interested in monitoring it since...
I'll enter long positions in this pair if we break resistance and reach the price I signal on chart: 0.71645 Once triggered, it'd be probable to rally to one of the 3 targets on chart, and potentially more. For the time being, the cap resides at 0.72148, so after reaching that level it might be wise to monitor price action closely. The odds are pretty good for...
I will be buying the Ruble with Euros since I think we have tremendous downside potential as well as excellent yields as a carry trade. The setup is to determine size on each leg of the pair using 1 month ATR, or 3 times the daily ATR value, and then proceed to short the EURUSD and short the USDRUB pairs to profit from this juncture. You could look for a technical...
The Euro has rallied extensively the past couple days, validating a weekly time at mode uptrend, and reaching monthly resistance. I was expecting this rally, but didn't anticipate it would start so suddenly. I have entered short positions at 1.11986 with a wide stop, and I expect the quarterly downtrend to resume in the short term. My analysis of this pair gives...
After forecasting the path this pair would take with considerable precision, I jumped on the short side. Presently we have short positions running, and we plan to add to them as described on chart. The target is a time at mode 17 bar decline target's, but it could extend further down, maybe even to the mode at 6.21329. This pair has been really volatile, and...
In this chart I'm adding an overlay of USDJPY to show what I'm expecting to occur in the coming days/weeks. It's possible to see further declines, but we need the chart to give us a valid time at mode trend signal to short it again, namely a correction before a new sharp decline. It's also possible this happens in a small timeframe and might not be observable in...
Palladium has a very interesting setup, I'm looking to enter longs in this instrument very soon. If you can't trade palladium futures, you can trade PALL, the etf. Try to keep risk at 1% per trade. The entry would be a buy stop confirming the rally, for specifics about entry, stop and trade management contact me privately. You can trade with your own strategy, if...
In this post I'd like to share a trade that we have taken with my signals group. This is a long term trade, aiming to capture a 25 to 42% upside that is pending for INTC in the long run, derived from my technical analysis of the charts, as well as fundamental valuation of the stock. Trading at a 14 p/e ratio, at 2.75 price to sales ratio, with a 3% yield, and...
IBM is offering a great entry for the long term. With earnings having beaten expectations for Q4, I'd be looking for a long trade here, mostly because we've hit a very strong long term support level, but also because the company's valuation at this level seems interesting. You could look into protecting the downside selling covered calls. I reccomend a 9-18% size...
It looks like NZDUSD-1.49% will resume the bearish trend right away. The confirmation for this setup would be to see a sharp decline, reaching 0,60135 before March 2nd ideally. We could preemtively enter shorts at market and use a stop at 0.68286 initially, and add to the trade as it progresses. The potential decline ahead is rather large, and when we apply an...
In this chart I'm showing the current time at mode trend as well as key levels obtained from the FOMC meetings and minutes release dates. You can see how you can navigate the price action with great accuracy if paying attention to these. Right now, I'll focus on selling rallies against the key levels above, any rally is a sell, but if not offered, we can look for...
The Nikkei is currently in a 10 week decline and hasn't reached its target. Today we observed a sharp retracement thanks to crude oil's short covering spree, and a very dovish Mario Draghi, sending ripples through the global markets. I expect the move to the downside to continue, after the Vix fell for more than 7 points. There are levels of support to be tested...
This is my current forecast for the Merval index. I'm looking at a new leg down, to retest the Vix spike retracement support level cluster below. I propose a wide stop long off the level below, but we could also take a short term short as depicted on chart and unwind and flip long. You can check my previous forecast in the related ideas below. I'm republishing...
USDMXN has a very clean trend since it broke out of a consolidation in December. Right now it has up to 10.80% upside, with only 1.5-2% downside risk. I'll be buying a retracement after today's close, and aiming to add to the trend as it evolves. This is a very simple setup, with great R multiples for the trend trader. Cheers, Ivan Labrie.
EURGBP is tracing a nice uptrend in the daily. We have opportunity to join it at this juncture. If the trades on chart aren't filled, we will have to enter using either a lower timeframe or a new high, (I'd rather take lower timeframe entries honestly). This is a good hedge against EURUSD short positions. At this point the Euro has minimal upside left, if any, vs...
We have a nice setup in the EURNZD chart, that I'd like to share for some good profits. There is potential for an 881.4 to 1020.6 pip move to the upside from the mode here. The entry is on retrace and about to get filled, so don't miss out on it. Timing for the move is 16 days or less, if not stopped, naturally. I put my name down the line and share this setup...