auroraspot

auroraspot Updated 

It seems bitcoin strength will remain constrained under a latest resistance level at least for few weeks. We are awaiting more news to clarify what's next.

auroraspot

I am expecting mean reversion between these two major cryptocurrencies that's why I am buying BTC now and selling ETH in equivalent dollar terms. Hope to see soon again converging the prices of both cryptocurrencies. Fundamentally there is a reason for more ETH buying due to increasing demand of ETH for building new coin projects but this won't continue with such...

auroraspot

Obviously NXTBTC is moving through period of fast pump and dump, grow and crash. Will it be the last burst? We don't know for sure but it is one of the most dynamic and interesting cryptocoin to follow.

auroraspot

Monero/USD is trading still above 38% Fib retracement but was much lower during the Christmas holidays. Demand is still strong but we can officially announce a bear market beginning. We will monitor very carefully what's going on next couple of weeks.

auroraspot

This idea proves that if we see long term low rates there is a good chance the Precious metals will soar higher. On the other hand if there is significant rise in the interest rates than we can see some drop in Gold and Platinum prices, but I believe this will be short term.

auroraspot

I am initiating a long position in Platinum futures at current prices which are well supported over the last several years. I think a long term bottom may form as the Platinum price is mainly driven by automobile industry and it is doing quite well recenlty. The position is taken with Reward to Risk ratio of 2.50 and can be kept even further!

auroraspot

Sounds crazy but shorting here with 3:1 reward to risk. Let see what will happen :)

auroraspot Updated 

A short trade on USD/MXN pair initiated today. The trade is a long term position, which have the characteristics of carry trade (giving interest of about 4.5% y/y for keeping it) and very favorable risk reward of 1.51.

auroraspot

Waiting for Australia CPI to produce a good print and to bring more Aussie positive sentiment. Trade with 1:1 reward to risk.

auroraspot Updated 

Initiating a Short Position in DAX on daily chart off a major resistance a level with great Reward to Risk ratio of 3!

auroraspot

Entering into long position with Reward to Risk of 1.8 in US 30 years Treasury Bonds, fantastic high quality opportunity. I hope it will work out as expected!

auroraspot

The swing trade on daily chart in AUD/USD was initiated after forming a bottom at a long term resistance zone which became a major support for the pair. Reward to Risk of this trade is 1.

auroraspot Updated 

Here a long position in GBP/CAD cross pair is presented. I've entered into this position based mostly on the fundamental picture, where CAD already appreciated due to the unexpected rate hike in October which was probably premature and won't be followed by other rate hikes this year, while British Pound is on its way to appreciate due to expected rate hike in...

auroraspot Updated 

Entering into Long position in Gold after bounce from 1285-1287 support zone. Pure supply/demand trade with Risk/Reward ratio of 1.30 and good chances of success.

auroraspot Updated 

I am entering a long position into long term US treasuries from a support line clearly visible on H4 and daily charts. Although the long term perspective for the price of bonds is negative due to expected rate hikes later this year and next year, on the shorter time scale (few weeks) the Treasuries seems under-priced after the strong decline last few weeks and...

auroraspot Updated 

The support zone at 152.05 is confirmed and well backed with strong buying activity. I am entering more aggressively at market with 1.40 Reward to Risk Ratio. If tomorrow US NFP data is negative it will additionally benefit this trade.

auroraspot Updated 

I am entering into short positon on H1 chart in wheat once again. The market seems saturated at this time with lots of supply from the producers as the autumn season is at its best. Risk/Reward at 1. This is a shorter time frame trade. Expecting to be closed in few days.

auroraspot Updated 

Entering into long trade of a support level at 49.85 with Reward/Risk of 1. The trade idea is based on Supply/Demand and volume analysis.