About me“The most important kind of freedom is to be what you really are. You trade in your reality for a role. You trade in your sense for an act. You give up your ability to feel, and in exchange, put on a mask. ”Jim Morrison
In 2020, I see the SP500 higher thus investors are/need to take more risk to compensate for lack luster performances in 2018/2019. AUD against GBP is the horse I want to allocate all I have right now.
1)Brexit and messy Brexit cannot keep GBP above 1.90 in the next 6-months. Moreover, when GBP goes down...we know it goes down fast.
2)AUD has more...
A) Flow level protected (again) 1.1100, then after confusing NFP, 1.1130 set a new bottom.
B) Short-term trade targeting POC (Point of Control).
C) Hawkeye Roadkill Indicator.
Note: Nordea Markets was long with SL at 1.1185. So, they got stopped out last week. Not a bad trading idea, they got wrong the timing. Although, China's stimulus seems lacking...
1. Unable to break above 50-EMA 'Monthly Chart'
2. Not on this chart, however, GBPNZD rejected 61.8% Fibonacci
1. Kiwi dollar has been weak over the last 2-weeks, post-RBNZ dovish 'reality check'
2. GBP requires another 'reality check' too and moving lower (10%) has the capacity to hit the British. All GBP pairs require some...
Venrock Associates IV LP, The Insiders, acquired an additional 1,370,000 Million shares in September. True, price action has been negative, however, fundamentals matter and having a 'whale' as Venrock in the game makes sense for all of us.
So, playing tech Fibonacci retracement from the last low around 0.60 cents and sometime in the future to get my...
It does not matter if they 'hold' new spin-off from Star Wars; Mickey is the new bad boy on the block.
However, we must be patient and hold our breath until the stock price becomes attractive - at these levels, the upside is capped and not much to squeeze. Still, the long-term uptrend is in place just a bit exhausted. Too much noise from Trade Wars....
1)China released O.K. macro which translates into stronger 'Kiwi' as almost 50% export from New Zealand just head to one single market; the Chinese.
2)Let's think the 61.8% Fib was rejected, then we start a move lower as the GBP$ appreciated too much too fast and at the beginning of 2018 that was decent profits that smart money...
1)Taking 1 more pullback to 'trap' euro-longs.
2)GBPUSD has retraced (365)-pips from 2018's high; 1.4345 level. We 'should' expect a decent pullback from EURUSD 2018's high 1.2536; at least 300-pips to take it down all the way to 1.2236 handle.
3)Visual 'game plan' on H4.
"Never risk the house for pennies."
1)The roadmap is clear now. This pullback can push GBP$ as low as 1.33s and still, we are in a good position to add longs.
2)Bank of England may not hike rates, but who cares! TVC:DXY could recover back to 94s and it wouldn't matter as it eventually has to drift lower towards 74s.
3)Any GBP$ weakness translates into a 'load the...
1)How deep is the rabbit hole for the US Dollar Index? Picking 86.30 level, not too far from 50% Fib
2)Its death, don't get fooled when the Cat bounces!
3)Write it down, total correction should equal 25% to 32% pullback from the 2017's highs. Therefore, See you Soon 74s!
"Never risk the house for pennies."
1)During 2017, USDCAD experienced 4-Massive Bearish Candles: January, May, June, July, and December.
2)When you zoom those months' performance, you find that all shorts from 'High to Low' could have banked a max accumulation of (600) pips.
3)January 2018, trades from 1.2590 to 1.2282 which translates only to (290) pips meaning; if...
1)If U.S. Tax Reforms do work; boom! WTI could be more attractive in the commodity race vs. Gold.
2)Bitcoin, Litecoin, Ripple, Dash, Ethereum...You name them! Cryptos are more attractive as short-term gambles for those 'waiting' to experience massive upsides.
3)Techs indicate overpriced in the short and medium-term for Gold which is...