ETH has plenty of upside left, we arrived at a very significant support level here in the ETHBTC pair, we can try a long entry (I'm already in it). Downside risk is 26%, but potential upside is up to 159.67% so the trade off is worth it. This is a riskier trade since we're entering at support, ahead of confirmation, but the USD or EUR pairs are currently in an...
These are a few trades we shared at the KHL chatroom, I have shared the link in my previous posts. If you're interested in learning more about the methods used by Tim West, which I learned and apply in my own trading, contact me privately. I also offer a signals service, with more setups, for FX, equities, metals and oil for the most part. It's clear the market...
In this chart I illustrate the quarterly and yearly trends in Silver. Read the annotations on chart for more information on each component. There was a 9 year uptrend signal that ran out of time on Q4 2012, which marked the start of a long term decline. The decline abruptly ended this year as price ran into a yearly/quarterly support zone. The market acknowledged...
My good friend Nick Coulby (@ncoulb1) has brought this stock to my attention and I think it could constitue a nice addition to a long term portfolio, with good valuation after testing a massive support level, and expanding the daily range up today. You could opt for shorting puts or going long stock, with either a 1 or a 3 ATR stop loss here, depending on your...
AA has formed a potential time at mode downtrend setup below a Key Earnings Support level, and a significant mode to the left. I expect a move to the downside to emerge from here. To trade it, you can enter on a break of the last low, with stops above 9.52, and targetting the next support level, or the time at mode target. If interested in my trading signals, or...
Tim West has shared this setup in the KHL chatroom this week. I'm posting it so everyone sees it, in case you missed it. We can enter shorts in TD, and additionally longs in CUBI to create a pair trade (or simply take the short). Position size if trading the pair involves risking going long with 7% size in CUBI, and short TD (with the same size), simultaneously....
We have a nice time at mode uptrend signal in GILD, right above a Key Earnings Support level. Upside is significant, and downside risk very small, we can enter at market with stops under 86,31 and aim for targets above 91. Good luck if taking this trade! Check out my updated track record here: pastebin.com If interested in my trading signals, or in personal...
If you missed the long entry in Silver, you can still get in as depicted on this chart, either after price makes a new daily high, or on a dip to 16.185, with stops under 15.942. In related ideas you can see my long term analysis of silver, as well as the latest trade signal I emailed as part of my trading signals newsletter. I'll be looking to add on dips, since...
We have shared this entry in the KHL chatroom. You can still enter at market, or buy dips to the key level at 45. With oil possibly topping for the year, this can be an excellent trade. Props to Tim West and his Key Hidden Levels. I've come a long way thanks to his mentoring. Leave comments if you take the trade with me here (or if you've taken any of the ones I...
We have a good opportunity to go long here, with a tight stop loss under last week's low at least. Enter longs at market, risk half and keep the stop under 10037, this is agressive, but makes the trade more interesting. Alternatively, you could opt for placing stops under 9914 which would be less prone to get you whipsawed, but reduces the R multiples achievable...
In this chart I illustrate how drastic the outperformance of oil is against cad. Whenever this happens, we have a trade opportunity at hand. See related ideas for a chart by Tim West on this same subject. We can anticipate inverse oil's performance to improve relative to USDCAD, and thus, expect either USDCAD to stall or retrace, or, USOIL to fall rapidly and...
Wheat has formed a gigantic weekly base, and is ripe to rally once price moves above 469'6. It's a bit premature to buy, but we could get away with huge R multiples if this trade setup works. Open long positions on a break of this level, with stops under the previous week's low. If interested in my trading signals, or in personal tuition, contact me privately....
TSN is offering an interesting time at mode short setup. The potential downside is considerable if this trade works, making it an attractive trade. Good luck if taking it. If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals...
The Pound is offering an interesting setup in the daily and weekly charts. We can enter longs at market open with a stop under 1.4421, and aim for 1.52065, which will be fully confirmed if we get a strong weekly advance and don't retest the weekly mode support. I reccomend risking between 0.5 and 1%. Check out my updated track record here: pastebin.com If...
On this chart I have plotted the most recent FOMC and ECB Key Levels to give you an idea of where the Euro can and will go. Every time we have a close, and/or a range expansion day emerging from these, we have a viable trade setup. You can easily see how it can be a good idea to keep these levels in mind. The monthly downtrend mode has been broken down today, and...
We can enter short BABA if it retests the Key earnings resistance level at 77.47 in the coming days. Stops should go over 80 to be safe, and we can target 69.28 approximately. Many negative stories have come out in the last few days, and the stock is considerably overbought, and due for a correction, all the more reasons to short it. If interested in my trading...
I'm currently long USDJPY and GBPJPY, but we might have a chance to join the Nikkei's rally here. Sentiment has reached extreme levels for equities, and the setup is eminently bullish, now that we've broken the weekly uptrend mode. It's safe to enter a long with a stop under today's low, risk half initially, since weekly confirmation hasn't materialized yet. This...
I've shorted at the price on chart, as announced at Tim West's KHL chatroom today. Seems like the top is in for a few months, probably for the year. We can enter short at market if not in, but keep a wide stop, or add (or wait to enter) if we hit 46.66 today. www.tradingview.com www.tradingview.com If interested in my trading signals, or in personal tuition,...