Chimbarosa

Chimbarosa Updated 

The S&P is caught between: Resistance region (27.12.-08.01.) AND the Pivot Point (daily): ~3,270 Support region (27.12.-08.01.) AND EMA 50 (daily): ~3,215 If we see, that the S&P has difficulties to move above, close above and stay above the 3,270, we would have another good short opportunity. Nevertheless, there is also a good chance that the S&P will...

Chimbarosa Updated 

It seems, that we have completed an AB=CD Pattern. Before we enter the trade we would need a volume spike. If the volume increases significantly, we can move short with TP 1-3: TP 1: 13,200 TP 2: 13,000 TP 3: 12,600 This trading opportunity would be invalid, if the volume spike does not occur.

Chimbarosa Updated 

Hi guys I did not post for a while due to vacation, but here is my next trade, which is already active: What to we see: Strong rally with significant price movement in the last 7 trading days Apart from one day, decreasing volumes 4H overbought RSI moving to < 70 Daily: evening star (which is more less reliable like all the other reliable trading...

Chimbarosa Updated 

In a nutshell: Idea is based on the daily and provides a mid-term view on the DAX We might see a pullback towards 12,200 - 12,600 Risk seeking traders might open a short position in this range, more cautious wait till 11,600 The pattern might complete till Feb. 2019 I gonna update the idea regularly. Nevertheless I will do also some "Interim" trades....

Chimbarosa Updated 

Guys, another SHORT opportunity have just emerged… DAX stays below EMA 50/ EMA 200. In Addition we just moved below the daily Pivot Point and we are currently protected by the FIB retracements of the last Impulse. Time will tell if we are really going to retest the Feb. 2018 low, nevertheless I like this set-up. This is not an advise this is just my personal...

Chimbarosa Updated 

...as I have already written in a couple of other trades. The EUR pretends to be strong, but many problems are not solved and won´t be solved within the next months (Turkey (Why Turkey? Who do you think bought all the Turkish bonds: European Banks), Italy… etc.). ECB will likely not change the current course (QE, interest…). First Signals are turning on: EMA50...

Chimbarosa Updated 

...entry? Me too. We might see today a "small/light" pullback which would then provide us a good opportunity to enter the trade. I would not expect that we move below the EMA 50 daily. I will buy now 50% of the position and 50% at my preferred rate. If we move straight up another order would be triggered. Ride safe. This is not an investment advise this is just...

Chimbarosa Updated 

AB=CD completed. Wait till we break the blue trendline. TP are based on FIB level. This is not an investment advise this is just my personal opinion. Take care and ride safe.

Chimbarosa Updated 

For details pls. see charts.

Chimbarosa Updated 

This idea is just based on technical analysis… (sentiment etc. are all bullish). So let´s see whats going to happen. Left: daily Right: weekly TPs are based on AB=CD retracements I would suggest that you work with your own SL. SL indicated is 3% (which is a lot, you might want to work with a more tight SL). In such cases I reduce dramatically my investment,...

Chimbarosa Updated 

Please find the short term target (daily) on the right and related long term targets (weekly) on the left hand side. How to split the trade: TP1: 70% (daily) TP2: 15% (weekly) TP3: 15% (weekly) Keep an eye on the volume and ride safe… Thight SL (EUR pretends to be strong, but Turkey & Italy are not solved yet. Further, ECB chairman will be exchanged in 2019 &...

Chimbarosa Updated 

Pullback towards EMA 50 (4H). TP/SL see Chart.

Chimbarosa Updated 

Possible formation of second leg (for details pls. see daily). For TP/SL pls. see chart. Two different trades (4H & daily). Entry level is the same. So I am not trading the pullback of the AB=CD, I am speculating on a trend continuation and completion of the second leg. After the completion we can talk about the retracement. This is not an investment advice this...

Chimbarosa Updated 

For TP3/SL please see the Chart. Please define your own TP 1 & 2. Retest of the wedge threshold (daily) possible, set tight SL. This is not an Investment advise this is just my personal opinion.

Chimbarosa Updated 

…and see a lot of pressure on the EXY: Right now we are on the way to 11,800 to retest the lows from March/April (forming another leg). We might see a retest to bring us back to 12,450/12,500. SL/TP see in the chart. Red line: LT support Blue lines: Pattern or EMA (50/200) This is not an investment advise this is just my personal opinion.

Chimbarosa Updated 

...wait for the break of the support line. For SL/TP pls. see chart. This is not an Investment advise this is just my personal opinion.

Chimbarosa Updated 

For SL/TP pls. see chart. This is not an investment advise this is just my personal opinion.

Chimbarosa Updated 

...daily wedge. Wait for the break-out. I have still an open gap, but right now I just need more confirmation. Keep in mind the BoJ signaled changes… so if we gonna fill the gap is written in the stars. Therefore let´s focus on the technical analysis and wait for the break-out.