DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, 12 RETECH CORPORATION, GENERAL ELECTRIC COMPANY COMMON STOCK, INVESCO QQQ TRUST, SERIES 1, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
FB GAP DOWN IS A HUGE BUY OPPORTUNITY
Facebook's earnings report a week ago upset investors and the stock fell more than 15% forming a huge gap.
Now stock is trading with P/E ratio of ~20 which I believe is very low for tech stock such as FB. Twitter has a P/E of 3X that of fb. Solely P/E is definitely not a good way to analyse any stock, however my analysis ...
Bank of England (BoE) meeting minutes 12:00 UTC today (2nd August)
Two Catalysts for EUR/GBP
1) BoE will announce its interest rate decision at 14:00 UTC+2 on 2nd of August. Markets are pricing 80-90% implied probability of a rate hike to 0.75% (it is 0.5% now).
From reported economic indicators, the unemployment rate remains glued at 4.25% and wage growth has ...
After FOMC Meeting yesterday positive comments prompted a stronger dollar and a drop in EUR/USD.
The pair is currently in a 3 month triangle approaching the lower trend line, also there is a support line that right now was approached. I am looking for reverse opportunities either on the support line or lower trendline.
Short term NGAS sell trade
Short term crude oil sell trade
SHORT TERM SELL
Platinum is in a short term downtrend and it is reaching it's top trendline.
Dollar index was raising and was now consolidating, which I would expect to end soon and if it starts going up again, that would pressure commodity prices.
I will post when entering the trade.
I am opening a small position in Brent Oil as I believe there is correction right now and it is not going to break out just yet.
I believe there will be a sharp movement within this channel down.
I am opening a selling position. This trade is based solely on TA, therefore my position is small, I hope your's too :)
Good luck guys
Oil is trading at the highest level in more than three years
Trump tweeted sunday that Saudi King Salman bin Abdulaziz had agreed to boost oil production to the kingdoms maximum capacity
Crude oil exports from Saudi Arabia surged to a 15 month high in June as the Kingdom ramped up production and helped to convince OPEC to boost its overall ...
very nice buy opportunity. 1 hour chart consolidation breakout.
As I can see FX:NZDUSD broke out of it's longer term trendline, should be a good opportunity to buy, however before that we will probably see a consolidation or traceback. If there is any of those using support/resistence areas, the upcoming traceback can be nicely proven by resistence area above.
comment if you agree or disagree, your opinion matters
What I see here is an impulse followed by a correction, consisting of two zigzags and a triangle. I am waiting for the breakout from the triangle and then making a trade.
Correct me if I am wrong, thank you.
Here is my wave analysis on GBPCAD. I believe the pair is now in the consolidation and is about to complete c wave in following days. After that I expect a delcline, and I will sell the breakout of consolidation. (red line)
Waiting for a potential breakout. Great oportunity. What are your thoughts?
Question for the masters:
As in this analysis, second wave's candlestick is higher than in the begining of the trend. Is this analysis still good? If yes, then after the break of the trend we should see upper move after small conslolidation. Very nice opportunity to trade, however please do remember, that that is just a part of bigger timeframe consolidation, ...
Hi, I am starting to learn Elliott wave theory, and I believe the best teacher is practice (practice makes perfect right? :) )
I believe there was a breakout from 5th wave consolidation. The breakout already consolidated and the stock surged the next week after the new iphone release. I expect it to consolidate a little next week and continue increasing.
I do ...