IvanLabrie

IvanLabrie Updated 

We have a very clear short setup in USDCNH (or a long in CNHUSD). I include the CNHUSD or 1/USDCNH (inverse) to help you see why it's useless to do this type of exercise before taking a trade. I'm already short from last night but after seeing today's close and a new low right now, I think it's fairly safe to enter shorts in this pair, with stops above...

IvanLabrie Updated 

Traders, all who followed my reccomendation to short USDJPY are in the money, and with good potential for more downside. We have entered positions to long the Yen (long JPYUSD, short USDJPY, long FXY) and are looking to add to it, either on retrace, any kind of new high, or after a new time at mode signal emerges in the daily chart. For the time being, keep the...

IvanLabrie Updated 

In this chart I'm sharing my breakdown of the relative strength analysis of currencies, as suggested by Ashraf Laidi in his book 'Currency trading and intermarket analysis', a great read that was reccomended to me by David Alcindor. Thanks for that one David. I'll quickly summarize my train of thought here: I see the cnh and gbp as interesting long prospects...

IvanLabrie Updated 

VRX is offering a good buy opportunity for next week, after taking off from a sizeable accumulation base. We can buy signs of strength (a new high, or the day turning up above the previous close). We can also look into buying on retracement to support at 34.92. Keep stops below 33.35 and if we open with a considerable gap up, cancel the orders and stand...

IvanLabrie Updated 

The uptrend is confirmed now. Volume is increasing as we move up and bullish momentum validated. We can enter long on retracement or on a new weekly high, risking a drop below 428. I'd personally avoid using stops and just measure position size according to my invalidation level on chart. If interested in my trading signals, or in personal tuition, contact me...

IvanLabrie Updated 

EURMXN is in a downtrend currently, and about to fire continuation in weekly scale. We can look to go short on a drop under the recent low, with stops above 19.7591, and aiming for 17.4766 as bottom target. We can cover half once we hit 18.4273, or after the downtrend time runs out. The projected potential downtrend would last a maximum of 9 weeks. We can take...

IvanLabrie Updated 

The euro chart is very educational, most would deem it unreadable chop... I think it's clear sentiment is still very negative, and people want to sell the euro higher, no one finds a reason to go long, yet we're in an uptrend. This is good, if you're long, you're a contrarian for the most part, and when former bears start wanting to go long, they aren't finding a...

IvanLabrie Updated 

GPRO has a very interesting accumulation base and has fired a signal to go long. The blue zone is the ideal buy zone, but you can look to join the trend from the daily chart as well. Stops should be below the red box on chart ideally. Target is 19.36, to be reached within at or before May 30th. Good luck! If interested in my trading signals, or in personal...

IvanLabrie Updated 

USDCNH is a very interesting pair right now. In this chart you can see a few instruments, pitted against each other. Currently, talking currencies, the offshore yuan is lagging the group, compared to the other dollar pairs on chart, and it happens to have a weekly time at mode downtrend signal, which confirmed last week on close, which gives us targets of 6.37 and...

IvanLabrie Updated 

GDX has traced a nice accumulation pattern, after the monthly downtrend expired in September 2015. It's currently confirming a time at mode uptrend which aims for two possible targets, 23.21 and 30.67. Considering the monthly downtrend mode resistance sits at 23.89, the first target seems way more likely to get hit. I'm long from a discretionary entry I took a...

IvanLabrie Updated 

WMT is offering a very nice entry, after forming a new weekly mode, which implies the strong uptrend is seeing reaccumulation at higher levels. I'm looking to enter longs at market, at the open, ideally on retrace to the mid point of the green triangle on chart. Stops should be below 67.40, for example at 66.51, or using 3 times the daily ATR. Yield is very nice...

IvanLabrie Updated 

CADJPY has broken under a previous week's low recently after finding massive supply coming in at a previous low volume resistance level, where the bears showed hand. Interestingly enough, we now have 5 closed quarters without a new high, and a close under the quarterly mode, thus confirming a long term downtrend in this pair is viable. The weekly chart shows us...

IvanLabrie Updated 

PBF has broken the inside downtrend line, forming a mode after rallying above earnings resistance. Free cash flow has turned positive recently, and the stock looks to be accumulated and ready to rally very soon. The dividend yield is quite attractive and I think we can see some nice upside in due time intil FCF yield is low again. Look to enter longs at market,...

IvanLabrie Updated 

USDCLP has traced a nice downtrend, and now with commercial hedgers net long copper I expect excellent continuation into the lows. Target is on chart, the time at mode signal specifies a slightly higher target, but there's potential to reach the red arrow below. Shout out to my mate Tom Killick, he's frequently trading this pair. Check out his posts, definitely a...

IvanLabrie Updated 

This is an update to my previous charts on AUDUSD (see the one where I shared a long entry for this pair in particular). The newer charts have been sharing analysis on it, and other Asian and Oceanic currencies, which I see as having amazing signs of strength, suggesting we have long term trend reversals, or at least major retracements in play. There is a new...

IvanLabrie Updated 

GBPAUD is tracing a nice steady downtrend, and recently has formed a nice consolidation, which has given way to a time at mode downtrend setup. We can go short here, odds are very nice and we have a lofty target to benefit from if the trade works. Entry is at market and stop losses should be 1-3 ATR, or placed above 1.85541. If interested in my trading signals,...

IvanLabrie Updated 

I stumbled upon this etf today, I think the price chart is acting great, trending with more clarity than its underlying even. I'm looking to enter long positions on this retracement that is being offered here, with a stop loss with sufficient margin to avoid being stopped on a retest of the mode support. Good luck if taking this trade, Ivan Labrie.

IvanLabrie Updated 

NXT has formed a nice accumulation base and is ready for take off. For a very long time, this pair has been grinding down, but recently price stopped falling and we can observe that some careful buying and supporting of a price range is taking place, via controlled buying and selling by either insiders, market makers or a wealthy player currently manipulating the...