JayStieren

JayStieren

As Alibaba [BABA}, (currently in an uptrend), enters its 52 week high, and RSI & MACD are overbought, the time could be right to either: A) buy the dip at support (aggressive trade) or at resistance (a more accommodating trade) at the levels shown. or B) for those most adventurous - an aggressive short is likely to 193 (approx) then wait to buy back the dip...

JayStieren

WITH SONOS AT A 52 WEEK HIGH AND HITTING RESISTANCE, WE ANTICIPATE A SHORT TRADE IS VERY POSSIBLE. WE GO SHORT FROM 15.72 TO 12.74 S.L. IS AT 17.01 R/R IS 2.31 ENJOY SUCCESS IN YOUR TRADING, ALL COMMENTS ARE WELCOME.

JayStieren

RISKING A SHORT WHILE XAU/USD IS IN AN EVER BULLISH UPTREND. THIS TRADE IS QUITE RISKY AS WE ARE GOING AGAINST THE TREND, BUT IT COULD BE WORTH A PUNT AS THE MACD & RSI ARE IN OVERBOUGHT TERRITORY AND GOLD SEEMS TO BE COOLING OFF AFTER THE HOLIDAYS. THE ANGLE THEN IS TO THEN BUY BACK INTO THE MARKET AFTER THE PRICE FALLS (TO SUPPORT AND/OR TO THE EMA50). AS...

JayStieren

AFTER SEEING A DOUBLE BOTTOM ON THE AUD/NZD (1HR CHART), AND THE NEAR COMPLETE AB=CD PATTERN, ON THE DAILY CHART, IT IS LIKELY THAT THE AUD/NZD COULD REVERT TO AN UPTREND. THEREFORE WE SHOULD CONSIDER A (MEDIUM TERM) LONG. TAKE PROFIT AT APPROX $1.06680 STOP LOSS AT APPROX $1.03461 I WELCOME YOUR COMMENTS. GOOD LUCK & HAPPY TRADING! #SWINGTRADING

JayStieren

ENTERING THE FINAL LEG IN A DESCENDING TRIANGLE, SELL FROM APPROXIMATELY $109.700 - $105.700. THERE IS ALSO A LIKELY SCENARIO OF A FURTHER SHORT WITH A BREAKDOWN A HIGH PROBABILITY. I WILL REVISIT THIS SCENARIO AS AND WHEN (OR IF) IT HAPPENS. AS ALWAYS, YOUR FEEDBACK IS VERY WELCOME. GOOD LUCK & HAPPY TRADING!

JayStieren Updated 

TECHNICAL ANALYSIS FOR DXY (USD FUTURES INDEX) 1) AS SOON AS DXY HITS THE HIGH (AROUND $100.400) IT LOOK LIKELY TO BREAKDOWN UNDER THE CURRENT UPTREND AND REVERT TO A DOWNTREND. 2) WE COULD EXPECT ANOTHER WAVE UP TO THE HIGH INITIALLY - BUT IF WE DONT, PREPARE TO SELL (WITH REASON) ON THE DAILY OR A LOWER TIME FRAME. 3) THERE ARE SEVERAL SUPPOR AREAS WHICH...

JayStieren

With RSI signalling significantly overbought silver looks likely to fall. Looking for an entry reason to enter a short trade here.

JayStieren

Gold, situated just below its all time high (ATH), looks ready to fall reaching powerful support. Its price is overbought, and MACD is also suggesting a correction - therefore I enter a short.

JayStieren

Gold overbought close to its all time high (ATH). Looking to swing short AUXUSD.

JayStieren

Long on Nvidia (1 Month chart)

JayStieren

Is way is free for Twitter to continue to glacially rise until November...

JayStieren

Looks like an impending bullish flag is about to appear on the Dow. Now that the recent volatility seems to be coming to an end, and resistance has been broken, the signs are that the ascension of the price will climb towards $25,342 approx - either through a flag or pennant. Happier days could be on the cards now for DJIA bulls.

JayStieren

We can see that the development of the BTCUSD price has continued along (the ever so amateur looking) cup and handle pattern. If we are right and we have a bullish breakout, then we could head past the $12,000 mark. My recent trend channel points towards the possibility of $13,000, but we will see. Apologies for the amateurish cup & handle, I simply do not...

JayStieren

BTC could go to $$15,000+ if it crosses the first red resistence line as the surge leading into the proposed flag is about $3,000. Let's see...

JayStieren

On my BTC chart, based on the last 4 weeks, we can see that both the red horizontal Resistence line and the green trend line meet at approximately $12,319. Now, if the price breaks out over the Resistence ($12,391 approx), we could see the clearest indication yet of the start of a quality bullish movement. The fact that the price is following the trend line (at...