Bonavest

Bonavest Updated 

A nice move UP overnight for me after getting stopped out on my earlier SHORT idea saw me at break even. This next move I believe is in line with the BUY signal I am seeing on the Daily chart below.

Bonavest Updated 

Just a quick outlook for the weeks ahead. I believe the first two weeks of June are going to be down and sideways with the last half of the month showing signs of upward movement. Will update this idea with any new signals that pop up over then next two weeks. Signals on Daily chart are based off of Price Stochastics(Stochasticly Delicious) and RSI2(Texas 2...

Bonavest Updated 

The Daily shows a SELL signal right up under a solid resistance line plus we can see here on the 4 hour we are looking pretty topped out. Should be a good run down. I will try to let the trade ride and not set a hard take profit level. 0.7261 will prove to be a good support level that will need to be broken to provide further down, otherwise I will be looking for...

Bonavest Updated 

Nothing special... Overall SHORT direction on DAILY still in effect. Idea link below.

Bonavest Updated 

This is a play off of Texas 2 Step (RSI2) and 50 SMA. There was a small bounce up after nearing the top side of the 50 SMA as well as the RSI2 coming out of the SELL side.

Bonavest Updated 

The last couple of days have seen plenty of sideways action. Time to pick a direction. Based on my chart I see where it shows UP potential.

Bonavest Updated 

We have been hovering in this channel for some time. Will be waiting to see more confirmation once a candle closes below the 50 SMA . Within the next 24 hours I would expect to see one more bump UP to hit resistance around 0.8730.

Bonavest Updated 

Looks like the Kiwi is floating around within a Parallel Channel (Purple Lines) a while now. No reason to doubt that it shouldn't continue. UPDATED with a less cluttered chart. ;)

Bonavest Updated 

NZDUSD has been ranging since June so here is a time when the SuperTrend has flipped as we have bounced off the bottom range channel and crossed the 50 SMA. This isn't catching the bottom style of trading but I sure am looking to get a big chunk of that middle!

Bonavest Updated 

Two big things going on... the BULL run has been glorious with no stops and the US didn't raise interest rates this December. In addition to that I have been waiting on a 200-300 pip pullback as shown in my LONG for LIFE idea. I though it was going to happen on the 21st of November, but it seemed it was a little too soon on some of the Daily indicators I have....

Bonavest Updated 

This week could be good or bad due to US elections, but one this is sure there will be some major volatility and momentum. With stops in place and the existing technical indicators already looking bullish... I am LONG.

Bonavest Updated 

-= Gimme those *thumbies* or comment below and let me know what you think. =- We have many similar candle patterns and indicators as we had before. The one difference I see is the level at which price stochastics are turning up from. Previously we were rising from low levels below 20, but this time we are turning up from the 40-50 range. Be looking for...

Bonavest Updated 

Gimme those *thumbies* or comment below if you disagree. There are some good notes in the chart, but the biggest discussion point will be if we maintain sideways action until the US Rates increase or do we fall to the .618 Fib Line? What do you think? Other than the guessing of price action leading up to the US Rates change I believe this is an accurate...

Bonavest Updated 

This is a long term Outlook and fundamentals will affect these levels greatly. Weekly outlook is showing it is ready for a down turn, but with the Texas 2 Step (RSI2) being in the green now means it should get a boost up to red before following the direction of the price stochastics. Daily is what is showing up direction for this week though and possibly more...

Bonavest Updated 

There are several identical BUY signals in the past, however this time we are in a bit of a down trend so I will not expect the price to break past the SuperTrend v1.0 at 1.3254 . I am wanting to close out in profit just before it hits that level and then see a pull back.

Bonavest Updated 

This should be a small pull back for the next couple of days. Potentially down to the low end of the purple trend channel.

Bonavest Updated 

I missed the top Sell signal a couple of weeks ago since my strategy wasn't in place at the time, but I am taking advantage of an 'add' signal which is SHORT and in good line of the downward trend on the daily chart below. s3.amazonaws.com

Bonavest

Been waiting to use this new Renko chart on a trade and I believe this should be a good one. Let's see how we do.