EURJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse making new recent lower lows. I expect price to continue to drop to previous lows as marked on the chart. TP1 has 1:4 RRR at 345 pips. SL set at 80 pips.
GBPCAD appears it will close above the middle Bollinger Band. I will enter at the open of the market on 1/20/2017. RSI is above 50. SL set below previous day body.
Breach of the 50 day moving average combined with a bearish cross on the MACD. If it breaches the $17.58 support, I would look to $16.28 for the next significant support level. Breach of both is pretty slim IMO however. Risk Support and lower Bollinger line up, which can send it horizontal to build a stronger base. If $17.58 isn't breached on significant...
If we do not break the descending channel upper trendline with volume we can expect to test the middle and upper regions of the channel. We're also at the top Keltner which acts as resistance. Make sure to implement a close stop and ride it down !
AUDUSD has closed above the middle Bollinger Band on the weekly chart. I have entered on the open of the market 1/16/2017. SL set at 80 pips. TP set at 168 pips.
The DJI and SPX have been picture of clam for last month or so. But other markets are giving some very interesting cues. We could be in for some very interesting movements in a week's time when the Trump inauguration happens. All the details around this would make this post very long. I have the detailed rationale posted at trade-360.com
just a view of the VIX for remember the past risk events and where we are now
Gold could be a great very long-term investment entry to hedge against a crash of the "S&P 500" in the year 2017 and beyond, after the election of Donald Trump. Here is my original "Gold" chart I made 5 months ago. The price of my lower entry arrow has been reached, plus the time window has been reached, which is why I publish this reminder. This chart is posted...
This is a volatile equity and position size must be reduced to mind your risk. However, this is a nice bull flag setup. I will be buying this one with a hard stop if it breaks 1.64.
Kumo cloud breakout candle on the 4h at last. Possible Bullish reversal for the $GBPUSD pair. Holding my long position for now. Updated my stoploss, resistance and target. Let's go!
I remain long on $XAUUSD
Bullish candle on the 4H. Ichimoku kinko hyo. Parabolic SAR. I remain LONG.
Going back to the basics on this trading idea. Suppose you have an AUS200 long position, it is a good time to sell it now, as shown by the Parabolic SAR indicator. As for me, I'm taking a short position at the break of last session's low. Short at 5659. Stop loss at 5724.7. Target profit at 5500 (2.44x reward-to-risk ratio). Good luck!
This channel upwards looks to be taking a breather. There is divergence coming through in RSI and BBs are likely to contract, I would anticipate that the enthusiasm has not necessarily evaporated it is more a case of taking some of the pressure out of the system. For better or worse the markets seem to be anticipating a boon from Trump coming into office later in...
This updated version of iROC replaces the previous version which is labeled simply "calculus". Thanks to Dr Richard P, Feynman . You might enjoy his classic 1961 Cal Tech lectures on Physics too, available for free on line. Peace. Tarzan
or just a sad pipedream that results in a rectangle top... I am bullish BTC short, medium and longterm... Always have, and will be for the foreseeable future... Comments are welcome... Join the Flag party only if you dare. Price Target $800
See the chart. Gold is good buy right now. Also check out my other posts to see the context and bigger picture
when you simply must be the first to know Great HFT momentum algo. Doing some derivatives 4 u. Tell your kids not to sleep through math class and please see my other free indicators and strategies. Peace. T A R Z A N