Having some doubts looking for facebook and metaverse in the short-mid term. I cannot rely on my opinions and I estimate fair value at $158 with my algorithms running on fundamental data and forecast earnings. Mr Market and the chart have the last word. Watching actual price is at my forecast fair value, also at a strong trendline (weekly chart) and at 0.618...
I made a backtest EURUSD and U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI) finding a good opportunity going long the day after if Actual PMI is greater than Previous PMI. This is not a standalone strategy but a good piece of a puzzle before deciding to open my trade. This trade has closed this evening with 100 pips profit. my puzzle had today a...
I’m developing an app using Tradingview data for my stock picking and fundamental analysis. I get financial data from Tradingview into excel file, producing aggregated statistics and fair value calculation based on estimate of future earnings and discounted free cash flows. Continuing my search in the best sectors, undervalued stocks that could perform well in...
I’m developing an app using Tradingview data for my stock picking and fundamental analysis. I get financial data from Tradingview into excel file, producing aggregated statistics and fair value calculation basing on estimate of future earnings and discounted free cash flow. Actual price is near $30 but my estimate of fair value is over $50. All statistics are...
Strategy is the first most important thing in trading to me, the second is the right layout in Tradingview to monitor the market everyday Im finding the perfect layout to me for my intraday trading I can apply on forex and commodities, having at least 1 future chart as reference Following the description of my 8 charts on layout, for instance on BTC. My order of...
I don't know what the future will be, but this technical pattern is interesting:
Hello Traders, have you shorted Natural Gas yesterday from the $10 level? $10 is an important psycological level but I did not. Here my reasons. 1. Natural Gas is now a bubble, actual price is out of reality in terms of demand and offer. 2. Asset more speculative, higher risk and I had not any confortable resistance level above $10 3. I prefer to rely on my...
The FED Interest rate is moving the stock market, but forex is more sensitive to the spreads. In this simple aggregated chart, indexed to 100, several spreads between countries are shown. For example, focus on the white continuous line, the US Dollar is more appetible for investor respect to Japanese Yen, because the UnitedStates has higher interest rate on its...
Techically speaking, my perspective to go LONG: 1. Touched a strong rising trendline (white oblique line) 2. Price on 0.618 Fibonacci level 3. There are a lot of supports below current price than resistances above (horizontal red lines on charts) 4. Price is close to important volume cluster 5. Buying divergence in RSI indicator 6. Daily volume falling during the...
Contango and Backwardation for row materials may be a condition for trying to develop a strategy. I tryed that, but found out just only an opportunity, using 30 minutes timeframe, on Natural Gas, and triggering my trading on golden/death cross applied to contango' s curve (NG2! - NG1!) I'm not so happy because a good strategy should be applicable on more...
PM is my favourite defensive stock but i do not fall in love in investment. I like the dividend but I like more selling at higher prices taking secure at home my currently 38% of unrealized profit since 2020 when I bought shares at $72 I don't like the European Commission proposed recently to ban the sale in the EU of flavoured heated tobacco products after a big...
A fractal highlighted on weekly US Treasury bond chart. The price is touching now the yellow 50 moving avarage the second time, with the same fractal as in the past
I need investing in gold for diversifying my long term portfolio, but: High inverse correlation between gold and US real interest rate. If US real interest rate up, gold is down US real interest rate is at a botton of rectangular pattern and could be technicaly raising. US real interest rate could be raising by these fundamentals also: US real interest rate...
After bitcoin all time high, the geometry could help us. These could be the 2 next target profits in my opinion (64k to medium term and 84k euro to long term)