SteynTrade

Message Follow Following Unfollow
About me Observe mean reversion through Ichimoku for price, TDI for sentiment and average volume
Joined South Africa MankweCS
Observing the oscillations (time) of mean reversion through Ichimoku for price, TDI for sentiment and average volume.
Markets Allocation
82 % forex 9 % stocks 2 % commodities 7 % other
Top Mentioned Symbols
EURUSD 16% | 24 AUDUSD 12% | 18 USDJPY 11% | 16 USDCAD 9% | 14
SteynTrade SteynTrade S32, 1W, Long ,
21 0 5
S32, 1W Long
JSE:S32 South32 breaking key resistance

South 32 (S32) has broken key resistance at R40 on Friday and made new highs. With the push in to the level for the fourth time we could see good volume before the break. With the trend up we see relatively low volumes indicating that there is very little sellers in the market and they are holding onto their stock. We can expect a good push up to the overbought ...

SteynTrade SteynTrade BAT, 1D, Long ,
20 0 5
BAT, 1D Long
JSE:BAT Brait Accumulation

Brait (BAT) stock is being accumulated since December 2017. A volume profile cluster is found between 37 and 39 were buyers have been active. After some high volume tests at the bottom of the range, a lower volume test indicates supply has dried up and the stock could be ready to be marked up. There is divergence between price and the Volume RSI. Once the ...

SteynTrade SteynTrade EURUSD, 1W, Short ,
260 0 8
EURUSD, 1W Short
EURUSD finding support

This weekly chart of the EURUSD may be a bit cluttered but the EURUSD is showing some mixed signals and requires a bit more detail to try to understand the potential trend. Using the Larry Williams COT Index we see that USD Commercial Interest is at extreme lows, indicating a potential for selling of the USD to step in. However, these extreme levels could be held ...

SteynTrade SteynTrade MRP, 240, Short ,
20 0 4
MRP, 240 Short
JSE:MRP MR Price Group Wyckoff Redistribution

MR Price (MRP) has declined more than 25% between April and June. After a selling climax and change of character the stock has been in redistribution. The point of control is at the supply line. After two upthrusts (UT) have occurred and effort (as indicated by the OBV) without response in the price there has been a significant signs of weakness (SOW). The change ...

SteynTrade SteynTrade NTC, 1W, Long ,
24 0 4
NTC, 1W Long
JSE:NTC Netcare broken the downward stride

JSE:NTC has been in a downward stride that started in March 2015. Following the Wyckoff theory we see a selling climax in March 2017 and accumulation that has taken place until March 2018 when there was a change in character with signs of strength and the downward stride has been broken. The stock has backed up to the accumulation range and I am waiting to see ...

SteynTrade SteynTrade RMH, 1W, Long ,
65 2 5
RMH, 1W Long
JSE:RMH: RMB Holdings ready for mark-up in Phase E

On the weekly TF RMB Holdings has been re-accumulating and broke the trading range with good signs of strength (SOS) (or Jumped the creek according to Wyckoff terminology). There has been a back-up and we are potentially looking at the start of the Mark-up Phase E. The stock is also showing leadership against the Wyckoff Wave and increased volume on the up waves ...

SteynTrade SteynTrade J200, 1W, Long ,
42 0 3
J200, 1W Long
JSE_J200: Top 40 Wyckoff Re-accumulation

Johannesburg Stock Exchange (JSE) Top 40 Index has undergone re-accumulation and broken out above the trading range (Jumped the creek). Now it has backed up to the creek and gone into a lower TF re-accumulation. Waiting for signs that it will break the back up range on the daily TF. For now it seems that it is still ranging.

SteynTrade SteynTrade CPI, 1D, Long ,
61 0 4
CPI, 1D Long
JSE_CPI: Capitec Wyckoff Re-accumulation after Distribution

After Capitec's (JSE_CPI) trouble at the beginning of the year the stock has been undergoing re-accumulation. It has jumped the creek and is showing Signs of Strength (SOS). The stock has shown prior leadership. Waiting for a back up to 95500 to go long.

SteynTrade SteynTrade FSR, 1W, Long ,
54 0 5
FSR, 1W Long
JSE_FSR: First Rand Wyckoff Re-accumulation after Decline

First Rand (JSE_FSR) has been undergoing re-accumulation after decline which is the weakest type of re-accumulation. Price has jumped the creek and backed up to the trading range. There is now showing Signs of Strength (SOS) with lower volume. The stock has show prior leadership even thou it is not in the best performing sector. Will be looking for the breakout on ...

SteynTrade SteynTrade AGL, 1W, Long ,
40 0 5
AGL, 1W Long
JSE_AGL: Anglo American upward stride

After a large amount of shares exchanged hands between Aug 2015 and May 2016 Anglo American has been in a strong uptrend. Volume has dried up indicating that shares are in strong hands. Currently AGL is in a pullback and will wait for a decisive break of the pullback trend line or the stock to reach the oversold line.

SteynTrade SteynTrade BIL, 1W, Long ,
31 0 5
BIL, 1W Long
JSE_BIL: BHP Billiton upward stride

BHP Billiton (JSE_BIL) has been in a good upward stride. Last week it looked like a possible breakout however price is at the overbought line on diminishing volume. Waiting for BIL to pullback to oversold conditions to go long with the upward stride.

SteynTrade SteynTrade TFG, 1W, Long ,
42 0 6
TFG, 1W Long
JSE_TFG: Foschini Group Oversold

The Foschini Group has been in a long-term uptrend channel. The 200 SMA has defined the oversold condition during this trend. It has again pulled back to the 200 SMA becoming oversold. After an initial strong move I am waiting for a pullback to to around the 17000 level and Yearly Pivot Point on the Daily chart to go long. The target will be overbought conditions ...

SteynTrade SteynTrade BID, 1D, Long ,
42 0 5
BID, 1D Long
JSE_BID: Wyckoff - BID Corporation showing leadersip

The stock relative to the Industrial 25 Index is showing leadership, has broken the downward stride and broken the accumulation range. Following the Wycoff logic we see accumulation of shares and a jump of the creek in Phase D. We are now waiting for a pullback to the creek, which is also the Yearly Pivot Point and 200SMA around 28000. Will be looking for an entry ...

SteynTrade SteynTrade SHP, 1W, Long ,
45 0 7
SHP, 1W Long
JSE_SHP: Wyckoff Shoprite Markup beginning?

Following the Wyckoff logic Shoprite is ready to start to be marked up in Phase E. Following a backup to the trading range buyers have stepped in around 20000 to 21000. Looking for a markup to break previous highs.

SteynTrade SteynTrade SOL, 1W, Long ,
59 0 5
SOL, 1W Long
JSE_SOL: Wyckoff - Sasol Accumulation Complete

Following the Wyckoff logic: Sasol has been under accumulation with bids coming in at 36000. Volume has been declined since 2017 showing the stock has moved to strong hands and the markup has started. Will wait for a backup to the trading range which would label the market to be in Phase D or pullback in which would indicate we are already in Phase E. But ...

SteynTrade SteynTrade J200, 1W, Long ,
21 0 6
J200, 1W Long
Johannesburg Stock Exchange (JSE): Resources are KING

I am very excited that the Johannesburg Stock Exchange (JSE) has been added to the TradingView data sources. This gives South African investors an opportunity to use the flexibility and ease of TV. As my first post I would like to highlight the performance of the Resources Sector. The South African economy was built on resources and has been under performing ...

190 0 9
EURUSD, 1W
EURUSD classical Wyckoff - Mark down after re-distribution

EURUSD is looking week and seems to be following a typical Wyckoff pattern of accumulation - mark up - re-accumulation - Mark up - distribution - Mark down - re-distribution and now potentially starting the mark down again. Volume has been low but picked up with the break out on Friday on the daily time-frame. We could see a back up to the creek but the previous ...

SteynTrade SteynTrade DX1!, 1W, Short ,
233 2 10
DX1!, 1W Short
US Dollar No Demand

The US Dollar has been in distribution with large speculators unwinding their net long positions (COT Report) that had been building since mid 2000. Currently the longs and shorts are matching each other and there is no commitment in the US Dollar. The volume signature has also decreased. The correlation with the 10 year bond yields has also shown a significant ...

Show More Ideas 12345678
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
5
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
3
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
2
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
8
49
279
Message Follow Following Unfollow
Last visit Nowhere
0
0
2
Message Follow Following Unfollow
Last visit
2
0
3
Message Follow Following Unfollow
Last visit
1
1
30
Message Follow Following Unfollow
Last visit United States
1629
265
10453
Message Follow Following Unfollow
Last visit
1
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit Muscat
3
5
54
Message Follow Following Unfollow
Last visit
0
0
15
Message Follow Following Unfollow
Last visit
3
35
337
Message Follow Following Unfollow
Last visit South Africa
15
25
176
Message Follow Following Unfollow
Last visit Pretoria
6
31
207
Message Follow Following Unfollow
Last visit Indonesia
34196
750
123643
Message Follow Following Unfollow
Last visit Pakistan
438
150
3630
Message Follow Following Unfollow
Last visit
8
49
279
Message Follow Following Unfollow
Last visit The Netherlands
57
105
814
Message Follow Following Unfollow
Last visit USA
1302
122
6143
Message Follow Following Unfollow
31
11
175
Message Follow Following Unfollow
Last visit
125
63
1695
Message Follow Following Unfollow
Last visit UK
6891
186
27418
Message Follow Following Unfollow
Last visit Indonesia
107
159
799
Message Follow Following Unfollow
Last visit
229
48
2013
Message Follow Following Unfollow
Last visit South Africa
85
99
1272
Message Follow Following Unfollow
Last visit
39
0
82
Message Follow Following Unfollow
Last visit Italy
37
44
590
Message Follow Following Unfollow
Online Qatar
11857
263
47262
Message Follow Following Unfollow
Last visit
7
10
153
Message Follow Following Unfollow
Last visit
133
58
876
Message Follow Following Unfollow
Last visit Indonesia
15
50
131
Message Follow Following Unfollow
Last visit
5
0
21
Message Follow Following Unfollow
AUDJPY
Australian Dollar/Japanese Yen
Follow Following Unfollow
XAUUSD
Gold/U.S. Dollar
Follow Following Unfollow
USDCAD
U.S. Dollar/Canadian Dollar
Follow Following Unfollow
EURGBP
Euro Fx/British Pound
Follow Following Unfollow
EURUSD
Euro Fx/U.S. Dollar
Follow Following Unfollow
EURJPY
Euro Fx/Japanese Yen
Follow Following Unfollow
AUDUSD
Australian Dollar/U.S. Dollar
Follow Following Unfollow
USDJPY
U.S. Dollar/Japanese Yen
Follow Following Unfollow
GBPUSD
British Pound/U.S. Dollar
Follow Following Unfollow
Market
Browse
Type
Browse
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out