just a hunch. looking at the Supertrend, MA 13/63 cross, Arron. and the noises coming from there ... and some wishful thinking. no exit strategy yet, just ride it into the sunset
I went long recently, 2 days ago, but closed earlier today. I'm reentering longs here, you can either use a stop at the suggested price on chart, or under the recent swing low, or based on ATR. I leave it up to you. There's a chance for price to resume the uptrend, so I'd let the trade breathe until we can confirm that is what's going on. Entering at market is ok,...
Gold has a historic relevance as being a price appreciator in times of volatility, geopolitical risk and economic uncertainty. Current day presents a plethora of risks both economic and political; from emerging market credit risk through to south china sea politics. Oil, like Gold has benefitted from a fall in the USD which has lead to some price recovery,...
We can go short ENZL at market, and aim for a significantly large target. Stops should be above this week's high (trading range). Expecting to see a sharp decline to ensue here in the intermediate term. If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes...
The Shanghai Class A index is showing some bearish signals at the moment. Even then, there's still a chance to resume the daily uptrend if price marches back up above the recent 12 bar price level at 3140.86. Ideally, we'd see a loss of bearish momentum in the next 3 bars, and then a breakout to the upside firmly closing above 3232.329 ideally, as the first...
If bear flag equal leg, can see slightly below 2,000
USDCNH is a very interesting pair right now. In this chart you can see a few instruments, pitted against each other. Currently, talking currencies, the offshore yuan is lagging the group, compared to the other dollar pairs on chart, and it happens to have a weekly time at mode downtrend signal, which confirmed last week on close, which gives us targets of 6.37 and...
Finished the wave 4 triangle, now we are coursing the beggining of wave 5, breaking it, then pullback, to start a nice travel to the mooon :D
TECHNICAL As you can see on the chart, there is a bearish divergence on the RSI. You can also see that the area above 0.7721 was tested many times and faced rejection every single time. FUNDAMENTAL The Australian dollar is correlated with China and gold because the country relies a lot on exports of raw material to Asia. On China... China’s gross domestic...
eur usd finally give us something to do ! it breack down from the high of the long term range the pair have been stuck in for a long long time , for the moment as china news latedly as been better than expected but the next day , week will be imo very interesting as we will see how much the usd the corellated to china news ! so either very good play pull back...
AUDUSD has trading in down ward direction since April 2013 and broken weekly strong trend line on June 2015.Currently It is on the pullback mood . I like to short this pair at the conjunction of two trend line around red zone between 0.7900 to 0.8000 .......Happy Trading; Rina
china bear is in the buy zone for a reversal a close above 27.77 should confirm trend
It is clear that the U.S. dollar has been one of the biggest hedge fund crowded trades, and still remains despite recent pullbacks in the greenback. And, although, the DXY saw a violent decent following last week's dovish FOMC-minutes report, there is still an underlying dynamic that supports a much higher dollar. History may not repeat, but it often rhymes....
above cloud look for good 21 minute opening bar cci strong think it will trend relative strength money flow good macd cross on well strong cloud at 2.50 be careful on daily right at 200 day make sure crosses
Since the last ECB conference, it seems like the EUR just started a major recovery against risk-on currency like AUD, NZD and CAD. Regarding the EURNZD, we might be just at the start of a long term wave 3 which would correlate with a deep worldwide risk-averse mood given low OIL price, issue with China and the US Fed hicking rates.
Expecting a pullback in BABA back to 66$ before pulling the trigger and initiating a long position
Traders have seen this before, and it continues to play out as the global economic climate breaks down. Although these pullbacks in the SPX are often lofty and swift, it is important to realize volume is the most import factor when considering the validity of a pullback. Here , we can see that the move in SPY is volumeless. The entire squeeze from the Feb. 11...
The falling knife getting close to support around 2,400