IvanLabrie

IvanLabrie Updated 

We can obtain good information from plotting the product of ETHXBT and BTCUSD or BTCCNY, specially since some of the ETH fiat pairs are not too liquid (worst offenders are the USD pairs). The weekly has finally confirmed an uptrend continuation setup, so I expect the move up to be really intense. Try to be in and don't miss out. You can buy half at market, and...

IvanLabrie Updated 

This has happened right before the last two crashes, and when the spread closed, a bottom (and a great long opportunity) formed. Watch this closely, the writing is on the wall. I'm holding SPY shorts, as well as oil, for the time being, expecting considerable downside in the short term. I think the catalyst will be on Friday, after NFP solidifies the rate hike...

IvanLabrie

We have downtrends in all timeframes except the daily in the France ETF. Currently price is about to break below the yearly downtrend mode, which if it happens could start a big slide down. The daily suggests a short is optimal here, risking a rally to pre-Brexit highs at 24.70, targets can be initially the monthly one at 19.22, but eventually this could evolve...

IvanLabrie

I went short FB today after witneseeing an extreme in sentiment, with lack of follow through after earnings. I like specially how it closed today, and expect to see rapid downside next week. If not short, enter at next week's open, risking a move above 128.33. We can see that price has traced an uptrending linear regression channel if we anchor the start and end...

IvanLabrie Updated 

This is rather significant. We can detect that blue chips are now trending down, with possibly drastic implications for the market. If not short, you might look into taking an entry in SPY or DIA, or index CFDs like this one, risking a 3 daily ATR rally above current prices. The weekly low has been, we can also place stops above the recent highest high. I'm...

IvanLabrie

We have a very clear cut case for a short in oil (and a long in USDCAD here). Entry at market is fine, risk half initially and add on pullbacks if it happens to reach a full size position. Stop loss above April's high, and aim for 19.47 here. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading...

IvanLabrie Updated 

EURUSD has confirmed my thesis, and is now rallying after the G20 meeting key level held. We have to see if the Brexit key level is breached, which if it happens, will send the Euro to the 1.1163 handle, and perhaps slightly higher. Additionally to these developments, derived from price action around fundamental events, we can also observe the 'Time at mode'...

IvanLabrie Updated 

I'm currently holding short positions in SPY, and looking to add if we break the weekly low, as per the setup posted in my inverted SPX500 chart. Upside risk was a rally to the weekly uptrend target, which if it fails, has bearish implications with the uptrend mode retest as the first objective, and if the mode is broken down, further downside to come. If you're...

IvanLabrie Updated 

Very interestingly, Gold (and stocks) have been largely sideways this year, and it's no surprise what a sideways market causes: frustration, specially for technical traders (and even worse those who trade breakouts). A key element in this year's price action is that prices have been tracing expanding patterns, where price breaks the previous extreme and suddenly...

IvanLabrie Updated 

Brexit made the Euro break under the uptrend mode support, very bearish. Right now, the Monthly has a potential downtrend setup to confirm if price is under 1.1216 by end of July. We could form a new 15 week mode here by the end of the month. This could propel the daily and weekly trends up, against the monthly confirmation. What this tells me is simple, sell the...

IvanLabrie

This chart is very helpful to evaluate our views and biases. We plot the instrument of our choosing as an inverted version of itself, to see if we have a long or short bias. In this case, I agree with myself that the S&P500 is at a top, and would happily long a new weekly high here (that's a valid weekly setup, short new weekly high in SnP, stop loss at recent...

IvanLabrie Updated 

DB has a quarterly 'Time at mode' downtrend active, that aims for 10.34 to be hit before July 2017. If you are a frequent 'Key hidden levels' chatroom user, and a subscriber to Tim West's indicator, you should be short DB from around $17, like we are. We are now trailing stops down, but adding an entry here isn't a bad idea at all. Risk a rally to 15.21, and...

IvanLabrie

TIF has a bullish reversal setup, good valuation and fundamentals and a high beta. It's a very interesting stock to own, with clear relative strength, and good potential upside. We have taken the long from 62.80 today, stop at 62.03, and aiming for prices over 64.50 in the intermediate term. Rgmov shows an uptrend is active, and the RgExp volume indicator confirms...

IvanLabrie Updated 

JACK offers a terrific short setup against a low volume resistance level, and two historical key earning levels. The spread with CMG makes it a great candidate for a pair trade, aiming to capture the profit from both the JACK short, and the CMG long. CMG has to rally to catch up to JACK, and JACK is overextended and will revert back to the mean. You can size each...

IvanLabrie Updated 

My analysis of the stock tells me AAPL will reach very interesting levels of valuation once the decline ends. This might coincide with the Q2 earnings report, so I reccomend patiently waiting and monitoring VIX and the price action on chart, to look for a long entry for the rest of the year. Yes, I anticipate a decline here, but it's not doomsday like CNBC would...

IvanLabrie

We're holding longs in this pair. Let's see how it goes, every time it makes new weekly lows it's finding buyers stepping in, which is more evident in the current uptrending enviroment. Rgmov moves constantly up, so it's a good idea to look for longs when it is overextended. Since we have broken all resistances, we could see a dramatic move up from here. Risk is...

IvanLabrie Updated 

We have a nice setup in the making here. With oil looking ready to break down hard, I favor AUDCAD longs, (as well as CADJPY and USDCAD longs, perhaps GBPCAD), I do like AUDUSD, but I'd rather pass on the long there for now and focus on AUDCAD at this time, with risk of the risk on pairs suffering losses in the coming 2 months. You can enter longs at market, or on...

IvanLabrie Updated 

The underlying trend is that oil production won't slow down anytime soon and that the oil price will continue to plunge, whereas copper and gold fall at a much slower rate in general. Both currency pairs correlations and Central Banks agendas make them lose value periodically vs the dollar, but that isn't a problem for these setups I outline here. In fact, the...