peterbokma

peterbokma

I just wanted to added further analysis using MOON phase. Moon phase is useful tool as it predicts changes to market condition. we are in fact influenced by everything around us, and the moon phase is one of them. we are a WHITE or open moon and this predicts the change of trend to down. So even considering the overbought state of the pair, the cycle will...

peterbokma

We are om the same boat with DXY. It is overbought, and reflects clearly that a reasonable correction should be underway soon. For now, the pattern is showing topping out, and further we are overextended. The chances are that we will see a correction back to 101.25 short-term to medium-term. This will be reflected in all USD pairs in the time to come.

peterbokma

NFLX has had a severe sell-off and it is still suffering from selling pressure. It is very overdone, and I feel BUYING @ 175-180 for a correction back to 250 is possible.

peterbokma

We are starting to go negative on signal line, and moving towards a week ago analysis that we may see a test of $ 1,800. This is still on the cards and for that reason I am not seeing a BUY opportunity as yet. Currently am neutral but would feel once near $ 1,800 we observe the movement and then perhaps it becomes a BUY opportunity. For now I feel monitoring...

peterbokma

I have not updated much on the pair since it remained very quiet and was looking for higher levels as being a possibility. The long-term picture is still very much overbought, and yes, it can go higher a bit more. The strategy is therefore selling into the upmove slowly. Fopr now we sell @ 15.50-15.75 window and add 16.75-17.00 when seen. The over all...

peterbokma

Now we are starting to become oversold on silver, and as stated earlier days, BUY entry 21.60-21.90 and even today better 21.40 is likely a good suggestion. The market is far away from cloud resistance and we should be starting to base somewhere soon. For now I feel we buy current 21.40 or if we bought earlier 21.60 area, we add BUY @ 21.00 again. Profit taking...

peterbokma

No change in view. The pair is remaining above 130.00 and for some this seems worrying... however, all what is needed some large offloading and then the ball will start rolling :) anyway, without jokes, we are really overextended and one should analyze the historical path with current period, and one will observe clearly we will correct. of course, no one...

peterbokma

The market broker 105.00 again, and this suggest we are moving lower over time. We are below the cloud, and for now the strategy is SELL @ 102-103. and place stop-loss above 107.50. it a bit of whipsaw range, but suspect we may see it drift lower over time. profit order somewhere @ 92.50.

peterbokma

No change in view. The move lower is only a minor correction and much more will follow. The market is overextended, and now we are forming a topping candle. The stochastic is negative and BUY pressure is reducing. this suggests LONGs are slowly getting out of the position. Strategy is SELL @ 130.30-130.60 and add above 131.60. I had added at 131.20 infact and...

peterbokma Updated 

No change in view. The market is way over extended and it requires a strong correction. the position is medium-term and I suspect a fall of 4-5 big figures are required to decrease the pressure a bit. Strategy SELL current @ 130.90-131.30 and add further on way up above 132.00. I know what feedback is expected, but for now I have added again @ 131.20 and...

peterbokma

It starts looking clear that we are topping out. The selling buying pressure is turning and reducing, and this is the first step and sign. I feel we are unchanged in view and SELL current 103.50-103.80. The correction will likely take us back towards 101.70 or lower for now.

peterbokma

Even though we will see much lower levels medium term, I suspect some correction before continuation down trend. For now, I feel BUY current $ 32,750-33,150 and take profit @ 35,250. The stop-loss above $ 31,500 for now. medium-term is looking very sick so be careful... keep stop loss tight as market is nervous on downside.

peterbokma

Netflix starts looking attractive medium-term. The sell-off seems very extreme, but of course for good reasons. For now, we should settle medium term range between $ 230-260. That is why I feel good value buying $ 180 area and take profit $ 250 for now.

peterbokma

The market is overextended and clearly after the earnings, we went south sharply. For now, the technical picture suggest we buy current 20.40-20.60 and take profit 23.75.

peterbokma

Silver has not yet reached its low, and I feel we may see slightly lower levels. The stochastic is low, and we are over extended a bit. Strategy is BUY @ 21.60-21.70 for now and not at current levels. When done, add further @ 21.15. Profit order @ 23.07.

peterbokma

We are starting to change direction on USOIL, and we need to see development below $ 105.00 for now am neutral. We failed to go beyond 110.00 and that worries me a bit. I suggest to abort, if long from 103.00-104.00 and wait for the merket to start a direction. The stochastic is slowly starting negative and I suspect test 105.00.

peterbokma

The market also has overextended itself on GBPUSD and it is expected to see good pullback. This is not change of trend, but a correction required to reduce the pressure a bit. For now no change in view, and would be BUYING current 1.2280 and adding below 1.2220. those that went long earlier, carefully add 1.2280 etc. The take profit is suggested @ 1.2637 for...

peterbokma

No change in view. For sure market over extended and requires proper correction. it does not change the over all trend, which is below 1.1800 at one point. However, expected move is first correct back 1.2650 (short-term), and for MT likely near 1.2887. For no BUY @ 1.2300-1.2340 and add below 1.2275. Profit order 1.2637 (ST).