Reasons for On the 4 Hour -We have been bearish since the trend line putting in nice big bearish candles -We have broken our counter trend line -We also have nice long wicks on the upside -This shows me there is more selling pressure On the daily -Firstly this is a long term trade -We can see price is down trending on the lower time frames Always go with...
For the last several years US equities have benefited from a liquidity flood that caused a commodity bull. The oil boom / bust is a good example, and you can see from their recent change in correlation, we may be seeing the last weeks of those two assets moving roughly in tandem . The last time the correlation movement was this unstable was 2008/2009 - when...
Approaching the apex of the symmetrical triangle drawn here. I am hoping for a break out to the downside at point 7. I would then expect a pullback at previous structure, and then have a main profit target at strong levels of previous structure. The upward break at point 6 is also potential for a small trade.
We can see a descending triangle here with at least 2 nice touch points on both lines. I am looking to follow either of the two paths drawn and to enter in the green area. Profit target is based on previous structure support - there is strong structure levels in the late December 2015/early 2016 area at around 0.6740. Any movement back above the horizontal...
If you know anything about volatility products, you'll know that -- unlike VXX and UVXY, SVXY increases in value as volatility declines (it's an inverse) and suffers from "inverse contango" which ultimately means that, over time, SVXY's value will go to infinity in the absence of backwardation, splits (it's undergone two since inception -- a 2/1 in 2012 and a 2/1...
Looking at the 2 week chart we can see a clear formation of a triple bottom. Such a pattern is used to predict the reversal of a prolonged downtrend. This whole month has been full of volatility so we may see more movement soon. I am remaining positive that we may see upward movement soon. Read more: themerkle.com
These work better than the standard Bollinger Bands for setting extreme ranges. What I use these for is to use an oscillator to find an buy / sell signal then take that to the H L Bollinger bands and mark the spot. Most of the time, you will find that the price does not exceed this spot for the duration (length) of the H L Bollinger bands. This makes them...
Running Alpha Capital Markets Intelligence re-iterates its warning posted on Jan 11th, 2016 to Global Investors of an Imminent and Persistent Crash, specifically for Euro STOXX 50 Equity Index ( Symbol FEZ ) . The benchmark European index, the Euro STOXX 50 should easily retest the crash lows of 2009; USA equity markets do not have a crash signal, but will...
Markets have dropped to extreme levels, down to a near technical correction, so I have to think that peoples' psyche will kick in here, and that institutions/HFTs will target all depressed "good" companies, and scoop them up for lower prices. Additionally, I am highly focused on options and overall market advance/decline trends. Regarding these, the P/C ratio for...
"Chinkoullinger", the term is not mine but from a french trader "Robby Scalping", well it's a mix of Bollinger with two standard deviation and Ichimoku clouds. The BB bands can be seen as a kindoff secondary cloud to evaluate the lagging span behavior. What's going on for the next week in this exotic pair? The pair has just broken the summer 2015...
-1 Call at 2090 -1 Put at 2010 Backtest probability: 83.5% Sharpe Ratio: 0.82 (2 years of backtest)
Clarified application chart and a test predication for oil.
This indicator measures bollingerband width to compare how tight the market has compressed at different times in history. These compression indicate massive accumulation of positions and once the market is decided they will trend for weeks or months. This price chart is the all-time LTCUSD price chart, before there was even a LTCUSD market (the LTCBTC pair goes...
volatility in oil and the recent sell off in oil is causing airlines stocks to be volatile as well. VA is an undervalued stocks by many metrics, however technical analysis showed the lack of demand from this stock. Combining the rising wedge, bearish divergence, and market volatility, I am expecting a decline over the next few weeks. However, if it breaks it's...
If you are interested, my entry point on this trade is the first image (based on daily technicals), as you can see Risk to Reward is pretty much fantastic and so are the reasons for entry (that support line has worked since 1995) A clear pattern for a H&S is forming, the current price is bouncing off of the 38.2 Fib level and lower Bollinger band, which...
If for some reason, you don't have access to Dough's Grid (which sorts underlyings by Implied Volatility Rank or IVR), you can always use the historical volatility indicator to determine the quality of volatility in the underlying instrument. Higher historical volatility equals better premium. In this particular example, I'm using TLT, whose HV hit a high of...
Trading Gartley - maybe it is not quite perfect, but I think Bollinger band is just nice D point confirmation... Another scenario might be simply AB=CD - thefore my stop is a bit outside...