RiccardoAnnoni

RiccardoAnnoni

Natural Gas fell initially during the course of the week, but then turned around to show signs of life at the $2.50 level and formed a hammer on the weekly chart. You know that, based upon the cyclicality of the Gas market, in this season I am a Gas minimalist (e.g. sell only, never buy) and only look for opportunities to sell this market as there is just no...

RiccardoAnnoni

Here I have spotted an interesting case of Value Investing. London Cocoa has lost 20% in the last two months while both 50 and 200 day EMA sits at 1730, so currently we can suppose this is the true London Cocoa value. Now, if you know the true value of something, you can save a lot of money when you buy it on sale. Of corse commodities go through periods of higher...

RiccardoAnnoni

Gold looks like we are trying to go to the upside and clear the $1750 resistance barrier. If we can get above that area on a daily close, that is a good sign that we are going to see a continuation to the upside. In fact, that is essentially what I am waiting to happened in order to start buying. We are now challenging the 50 day EMA, a technical indicator that...

RiccardoAnnoni

One of the first actions of the Biden administration was to accuse China of genocide in Xinjiang and of undermining the rules-based world order with its actions toward Hong Kong and Taiwan, and its treatment of Muslim Uighurs in its Xinjiang province. The poor tone of the talks contributed to – but was not the only factor – the sharp drop in Chinese equity markets...

RiccardoAnnoni

Ho aperto Long. Poche storie, vaccinazioni e stimoli monetari porteranno l'indice a quota 4000 e oltre.

RiccardoAnnoni

Il mercato del GAS ha registrato un significativo rialzo dopo il calo della settimana. Come sapete ho aperto a 2,50 una piccola posizione al ribasso e sono pronto ad aggiungre non appena vedremo i venditori tornare di nuovo sul mercato. La freccia rossa è ancora in gioco se la quota 2,50 spingerà il prezzo verso il basso. La freccia verde è il mio piano...

RiccardoAnnoni

Come sapete ho recentemente aperto una posizione future Feb-21 sull'Oro. Settimana scorsa Oro è partito male, ma poi ha nuovamente mostrato segni di forza. In chiusura di 2020 sta premendo la principale linea di tendenza al ribasso che ho tracciato sul grafico. Ciò potrebbe significare che ci stiamo preparando a un breakout, e la debolezza del USD non farà che...

RiccardoAnnoni

... invece il GAS mi ha sorpreso e ha gappato terribilmente ed mi pare chiaro che difficilmente tornerà al livello 3,00. La mia unica speranza è di poterlo vendere se ritraccerà a 2,50 potrò aprire una posizione short al primo segno di debolezza dopo il ritracciamento. In ogni caso da 2.5 vedo ora molto più probabile che scenda verso 2,00 piuttosto che possa...

RiccardoAnnoni

L'oro è rimbalzato mercoledì, dove l'EMA a 50 giorni ha offerto di supporto. La price action suggerisce che il mercato continuerà ad andare verso il livello 1900 e oltre, verso 1950 e 2000. Questo è un mercato che continuerà a ricevere la spinta grazie agli sforzi di stimolo delle Banche Centrali che in tutto il mondo stanno irrorando di contante i mercati. Alla...

RiccardoAnnoni

Of course I don't want to sell TRX near the bottom, but also I am not bullish until he posts a daily close above 0.052USD. So what do I do? Of course I just stay flat and wait..... :-)

RiccardoAnnoni

Is BTC going to hit the bottom? As you can see bulls fought back from there on NOV 2017 and pushed the price up to 20K. What will happen now?

RiccardoAnnoni

Hello traders, let's sell USDJPY with LIMIT SELL ORDER at 110 and SL at 111.4 and TP1 at 108 for a 140/200 = 1.43 RRR and TP2 at 106 with RRR = 2.86

RiccardoAnnoni

As you can see in the following weeks it is a make or break for TRON that has to break this symmetrical triangle and the supply zone between 950--1000 sats. If he can do that (and I belive he will) then the doors for higher levels are opened. Remember that Justin Sun announced TRON set for pos #6 in the MarketCap. This actually will be around 15Bil = 0.2USD per...

RiccardoAnnoni

EURUSD SELLING Bearish Evening Star :-)

RiccardoAnnoni

Dear traders, after Greece and China pushed this index lower, the noisy area between 10600 and 11000 proves to be an effective support. I have bougth DAX30 future (SEPT 15) at 11150 and am willing to sell half position at the 100SMA, let's say 11600 and move the other half to breakeven. Stoploss will be triggered at a daily close below 11000. Cheers Riccardo

RiccardoAnnoni

Dear traders, with the Greek issue still wide open we see that XAUUSD refuses to close below 1170, so we bet that it will try to test 1200 yet again. I BUY XAUUSD with a stop loss at 1160 targeting the 1190-1200 area. Cheers R

RiccardoAnnoni

Dear traders, the 20,50 and 100 SMA are coverging at 0.72 so it seems that there is wide consensus that 0.72 could be the fair price for this instrument, being 0.7 the floor of the market. Let's wait for a bullish candle then enter a buy order with stop loss at 0.7 and take half profit at 0.72 then move stop to breakeven and target 0.73. Cheers Riccardo

RiccardoAnnoni

Dear traders, nobody knows of course! But what ww do know and see are those two Hammers that keep the price floating above 0.7. My point is: let's buy NZDUSD targeting 0.72 and take 100% profit there...(then wait a signal to sell again)! Cut our losses at a daily close below Friday's Low.