Starbucks a business which is very close to my heart, seeing that I have it almost everyday. Let's get down to business. Estimated Earnings was 0.57, however actual earnings was 0.65 . If we're playing the traditional Earnings Game , we could anticipate a large appreciation. Going long on this stock prior to earnings, with this current effect would of left you...
COULD PRICES FALL EVEN LOWER? I'm more than prepared to get in on a possible short. If prices pass the 7601 key reversal level, expect a fast drop to at least the 7468 price level. BIAS : SHORT ENTRY : 7601. TP. : 7468.50
Update on FTSE SHORT I posted a few days ago. NOW WE MAY HAVE A CHANGE TO GO LONG. If prices get into get pass the 7685 price level, I may go in for a long position up to 7780. ENTRY: 7685.5 TARGET PROFIT: 7780.
DELTA GOING DOWN WITH SIGNIFICANT VOLUME??? I think that Delta Airlines is going down potentially past the 52.00 price level. Prices could of course have strong reversal near the V, are you prepared to ''BUY THE DIP'' One way to play this is to take half your profits off the trade as prices are approaching the 54.00 price level. If however you believe prices to...
So I really think we've got some strong bullish momentum here guys. I'm willing to go long until the 88.800 level of Resistance. Once prices have penetrated this level of Resistance we could see some room for higher highs breaking through my second resistance zone. Potentially yielding more than 110 pips. I'm willing to risk 25 pips on this trade. Let's See!
Soooo... The share price of Netflix has actually ballooned up to the highs of 226.00 and you're currently wondering well is this growth sustainable... More often than not, I've seen substantial growth on several stocks only for them to come back into their normal range, leading to my next point sometimes substantial growth doesn't mean that it's sustainable......
I'm anticipating some strong BEARISH MOMENTUM. Let's see what BOJ Decides.
Will the FTSE 100 collapse? No idea, the only thing we can do now is sit back and let the markets do the work. To be fair, GBP has been appreciating rapidly, are we currently in the exhaustive period? Are prices now start to decline? This obviously has to be taken into consideration when dealing with INDICES. I've got a few orders filled in. I'll update you guys!
THE EUR/JPY. After having a proper look at the Japanese Yen Futures I knew that there was some real opportunities upon the Horizon. However I do believe that the EURO is ready to fall. I believe that once it's passed the 135.190 price level prices will plummet down to the 134.500 possible key level. This could provide us with a possible key support level however...
Alright, if you're currently living under a rock somewhere in Madagascar then you probably wouldn't be aware of the crazy bull market that's been happening for a while now. So here we have it, Tesla Incorporated is currently on it's way to perhaps form a triple top at highs of 388.00 Region. Currently the stock has just broken the trend line and has reached it's...
Right so I think it's safe to assume that a possible short position is on the table. I think that once prices plummet past the 1.21561 Area. I'm expecting some bearish momentum down towards the 1.19533 Area. For now let's just sit on our hands and allow the markets to come to us. I think that with a possible weakening dollar in the equation it's actually more than...
Is Copper Going Down? I believe several commodities may experience a bit of a bearish tug. I think it is. So I am indeed expecting prices to plummet quite soon. My initial Target is the 3.1250 Region however with great optimism prices might depreciate down to the V Target. If it does expect a rapid change in trend however, if prices manage to keep in stride with...
I entered this trade at 1.19888 and I had in mind a target profit at (1.24180). This large bull stride was fuelled by both a falling dollar and also a lucrative trade setup I use constantly for consistent returns. Upon entry I saw large volume which gave me more confidence, ideally I'm looking for this position to result in more than 500 pips however I'm really...
I had my eyes on the DAX for a while now. So it all started with basic EW trend down, to create significant lower lows(12747.4). Prices came back in their normal range I put on a position and made a bit of money on the uptrend. The German Stock Index then broke through my first prior resistance level with great confidence which was 13336.0. The index is currently...
The NZD/JPY. I've been anticipating higher highs for about 3 weeks now. I know crazy for swing trader, however I feel that prices do have the potential to go as far 84.00 in the near future. My confidence has increased dramatically this is because prices are currently kissing the tramline/trendline, this is telling me that bullish movement could be upon the...
Personally I think that anyone looking to get any bit of involvement on this position should look at various volume indicators. I've got a nice V - Trade which may push price high. This is obviously accompanied by strong fundamentals and a good look at OIL Futures and prices. This may not be the case however I would put an entry order nevertheless, missing out on...
After looking at this pair for a while now, I've come to the conclusion that bearish momentum towards the 0.7500 Region is probable. It will be rather interesting to see the outcome of this particular pair if there is a bullish outcome.