Persimmon is holding at key support and showing signs of attracting value hunters. I also note the bullish divergence on the relative ratio (Persimmon share price / UKX). The price of sterling has been a drag on the shares and with GBP moving higher yesterday it could offer some relief to domestic stocks. Technically and fundamentally, Persimmon looks...
Cineworld (CINE) has 10% of disclosed short positions (this has been slowly increasing over the last 6 months).
CINE in brief.
Y/E 2018 - T/O $4.1bn, Operating Profit $493m, Net Profit $273m, Operating Margin 12%.
Debt $7bn - Yes $7bn - with its $3.6bn acquisition of US-based Regal Entertainment, CINE is now the second-largest cinema chain in the world –...
Horizonte Minerals PLC is a United Kingdom-based nickel development company.
Monthly low in Feb 2009 (red horizontal line) target entry. Which is also the gap fill 'region' created in August 2019.
Hammer candle formed on daily today. Suggesting todays drop was overdone. Also starting to look oversold on the daily.
2:1 Risk/Reward trade.
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I will begin XBTUSD BitMex Chart Analysis for December 12th
This is 30m candle chart for yesterday.
It followed route B except the last tall shadow.
Important part was the point when the price could not touch the B...
. Siacoin/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
. There is a...
BTC has been painful to watch over the passed few weeks, with no real excitement either way. If we close above the $7200 level, ill be looking at intra day longs, and to be in and out of the sideways movement; so profits around at $7500-$7600. If we close below the current level, more downside to $7000 is extremely likely, ideally we would use $7000 as a support...
good morning everyone!)
yesterday EURUSD has broken above 1.1 structure resistance .
the next safest level to sell from is 1.18:
it matches with a current autumn's high
and it is a completion point of a projected ABCD pattern .
as always, wait for confirmation within the underlined zone before taking the trade!
The key is the fractal in the blue rectangle. The analysis shows that the fractal sequence in the yellow square has the same size. This includes the magnitude of the main trend and the magnitude of the correction amplitude. The first major difference is the blue rectangle. This is more important. In this rectangle, fractal modification occurs. Thus, the size of...
DAX 30 (1H) - short term bullish bias
Last Monday's sell-off pushed the RSI indicator into the over-sold territory. The ensuing RSI divergence where the indicator showed a higher low in contrast to a lower low in the price was a sign that selling pressures have eased off. After a rebound above the immediate resistance in the shape of moving averages, the index...
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I will begin XAUUSD Gold Chart Analysis for December 12th
This shows GBPUSD 30m candle chart for yesterday.
It moved from route B to A. Stop loss was at green parallel resistance line.
So, the strategy failed...
Gold has to break above $1485 in order to proceed higher. Catalysts could be the fed meeting today or the December 15th tariffs going into play. Either way we should see a strong rally following this breakout. Otherwise a breakdown would occur and I think this is less likely based on the buying action over the last couple of months and the increase in tensions...
Quick update on GBP pairs.
It's rallied into some key resistance levels on my charts. This could potentially signify exhaustion and lead to speculative selling/profit-taking in the very short term.
Keep a watch on the formation of this daily candle, if it posts some kind of inverted hammer or outside day, then I may look to sell some GBP pairs next week in...
Are you a BEAR?
Then get out of here!
This indicator is only for long movements, its reading is simple and if you use it correctly it will give you very good results, the components are:
The highest quality configuration is as follows:
It is not necessary that all the components...
In general, Bollinger Bands are used as an indicator to visualize the "reversion to the mean". However, in this model, by using smaller variable values (default: 10 time intervals instead of 20, 1 standard deviation instead of 2), they are used as an trend following indicator. Two consecutive closes above the upper band form a buy signal (symbol 'B' above...
RSI with a twist. The values are calculated differently depending upon whether the RSI is above or below the centre point. I have found this gives:
More pronounced divergences which are easier to spot and more accurate at predicting local top and bottoms
More accurate indications of overbought/oversold...
Whilst GBPJPY has been trading within this range for a while we identified the relevant zones and levels from where we should entered our positions.
Our first entry was taken at the 139.4 level which was at the bottom of the range in a good liquidity zone and targeted the previous highs, this closed out for 92 pips on 2 positions.
The second entry was a simple...
Money Management Method - Pyramiding in action online on a pump coin. Matic / btc .
Big profits are minimal risk. Smart trading.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should...