Hey guys, Hope everyone New years was great. We are looking at the daily chart of silver which is looking like it is forming a correction pattern. With it lack luster performance last year i dont see it changing that soon with sellers coming in every pop it had. I wanted to also debunk some Myth of the market that people dont seem to pay attention too, and that...
Hey guys, This chart is showing a thesis I have on considerable strength coming into the AUD over the next 2 years and this seems to be a great setup for a long hold. The Linked image is a 1 hour timeframe charts showing beautiful lighting bolt pattern that blast past resistance making a good entry with a tight stop loss. This will lost likely rally into...
Hey guys, this is follow up to my US100 call today linked below, I see silver falling to the support line making a big double bottom supported by strength coming back into the RSI causing a strong bull run into the new year come after. December has always been a great time to be invested in precious metals often coinciding with strong rallies, I think most people...
Hey guys, So seems the prediction was right and the fed didn't say anything the market wasn't already pricing in so the market is going bullish. As people deploy there USD commodity prices will rise like silver see my update chart idea later today one that. This gives strength to the AUD above nearly all currencies usually see best performance against JPY as...
Hey guys, Given the strength in the market yesterday at the end buying up strong we could be seeing a rejection off a new support line. I think this consolidation pattern is now in play and with the 50 EMA acting following the support line I don't think Powell will say anything that will cause the market to fall past this point with sentiment already being this...
Hey Guys, This is a very similar setup to my Silver trade were they're showing signs of recovery and possible reversal to continue larger trends. Oil has now re-entered the channel it has been in since March and showing great strength busting past the 150 day MA with the trend line. on the on the smaller time frame it has broken out of its Bull Flag pattern so...
Hey guys, Silver looks to be bottoming out at this $22-22.3 range with a lot of wicks showing strong buying pressure. We have a previous support line there and a Fib retracement line there acting as strong support with a consolidation flag on the 1 hour time frame shown below developing a reversal trade setup. With the RSI showing buyers momentum increasing I...
SO after making many mistakes that I have definitely learnt from this rally trying to pick the top I have make sire to wait for the confirmation this time. The second image is what originally sparked the first trade going short. It broke the pattern after making a Bearish Divergence on the peaks and made a beautiful entry point when it came back up to retest the...
Hey guys, Silver recently broke its big down trend and is starting to look like it will start bulling hard. But If you have looked back in the past 9 years silver seems to have some strong seasonality bulling around the end of November to start of December period so I believe we will see some weakness over the next two weeks build the rest of this possible head...
Hey guys, sorry i have been inactive over the last few weeks have had to look into my trading and see where i was messing up. It seems to me that I'm abit to eager for trades and need to take more to for conformation on my setups. But I did short the us100 until Friday where I closed and put my taking straight into this trade. we have a Range the AUD is trading...
Third time is a charm, I originally thought we would see the sell off after earning as we see the impact of inflation but market didn't seem to care and we had the options gambling mania pushing stocks up parabolically. I don't really get why the inflation number that came out shocks anyone given the expenses reported in everyone's earnings rose sharply and Petrol...
Hey Guys, this is the follow up on the new position I have put on. Looks very similar to my first successful short on the us100. Buy the rumor sell the fact could be on next week all the big tech names have delivered there earnings and although some have beat expectations none of them have escaped the cost of supply shortages or inflation with even Apple the...
Hey all, So today I have bought some PUT Warrants against the US100, After this strong week of gains it seems to be topping if you go down to the 1 Hour timeframe you will see a big divergence indicating a top is coming. This daily chart shows you my target which is just a strong trendline that's been active for over a year now and every time so far we have had a...
Hey All, this is a follow up to my Short on the US100 I took today just going into a bit more detail on what I see in Tesla. We have a MASSIVE divergence on the Weekly RSI thats been going on since the pandemic started and Volume has only gone down since the highs which isn't a great sign that this stock will breakout to the Upside. Its at the All time high...
Hey guys, This is just building on mu thesis of the US100 can see a 5% pull back before mid November. AMD is Showing great signs of divergence on the RSI and volume has significantly fallen since the last peak I don't think this runs has much legs left. This is the same as Tesla in my opinion and i still think Tesla will correct in the upcoming week as well as...
Hey All, I took a Long position in AMI as it hit its trendline that's been in play since 2015 with the idea of Materials are all rising in price with inflation fears continuing yet most Material companies are at lows. With the Assets and earnings Growth expected buy this company hard to see why it was worth Sub $500 mill, so with the Fundamentals and Technical...
Hey All, Obviously I'm not making the claim this is the very top of the market but with the euphoria in the markets about the Fed not tapering, buy the dip mentality and the excessively high valuations it should rise a few red flags on the long term look of the market. just simply looking at the bigger overall trend of the market shows this is the blowoff on a...
Hey all, just showing my thoughts on the US100, recently it hit the resistance of the channel we have been trading in for about a year now and like the last two times showing strong declines since. Nearly all big tech names are trading at peaks in patterns and all declining away from resistance just look at my Apple idea for context. I have a target for that...