So, in a week in which dizzy Lizzy resigns and the UK faces its second Tory leadership contest, I find myself starting to yearn for a return by Boris Johnson – I freely admit that I cannot stand him, but surely anybody would be better than nobody? We may have seen a minor rally by the FTSE and pound on her resignation, but this looks to be short lived, let’s take...
Here I go through an article I wrote for FXStreet about the US dollar, yields, yen and technical analysis on those as well as the threat of Bank of Japan intervention.
We have a convergence of levels around the 4.19/4.20 zone of the chart, it is a long term double Fibonacci retracement and represents significant lows seen in 1998 and 2001. Will be quite interested to see if the market pauses here in order to consolidate sharp gains that have been pretty relentless since August. Disclaimer: The information posted on Trading...
Dollar continue bullish moves started in 2008. Positive year for USD. Let's see how fundamentals helps to continue this trend.
USD ELLIOTT WAVE FORECAST... : This X wave (yellow) had reached the golden fib and the intermediate C (pink) reached the 123%.. only one more possible target at 113.57. If the $ is reversing here, we most expect a retracement at least around 110.045, but 108.29, 107.25 and 105.51 are also possible. Other possible targets are 107.25 and 105.51.
This is the seconded biggest update for oil this month ! You need a big pocket to go with the flow on this one, money management will be your biggest enemy and greed your second. We have 85$ is the mid road for oil and 120$ the highest it can get ! Target Is 68$ for our next idea and politics is our enemy ! i recommend to open a position after an update or...
from the daily perspective we are still in a downtrend and we are most likely to see a correction before a downward continuation.
We see a leading expanding diagonal. The target zone of five waves intersects with the support line of the higher timeframe. Wave rules are complied. Further, we expect a rollback towards the resistance line - wave B and a subsequent correction - wave C. A potential black swan that could happen would most likely be due to Russia's nuclear war blackmail. Best...
This video is a recap of the trading session over the equities hours in NY. Made 2R for the day. Keeping an eye on USD and yields and looking for renewed strength for explosive trade setups later in the week.
After being criticized for being slow to recognize inflation, the Fed has embarked on its most aggressive series of rate hikes since the 1980s. From near-zero in March, the Fed has pushed its benchmark rate to a target of at least 3%. At the same time, the plan to unwind its $8.8 trillion balance sheet in a process called “quantitative tightening,” or QT —...
if nasdaq can break yesterday high ..it is powerfull buy signal and it can fly up personaly i belkive nasdaq will see 13000 area soon if low not break good luck
Trade Idea: Selling US30 Reasoning: Selling the weakest of the US indices Entry Level: 29352 Take Profit Level: 28585 Stop Loss: 29675 Risk/Reward: 2.37:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
This is a quick update on my position with Marathon Digial - MARA. I am continuing to be bullish on the position and can see it reaching as high as $15 - $ 18 in the next 4 - 8 weeks. I am currently swing trading MARA so I will sell my position at between 11.50 and 14.00. Currently if you see the price dip to below $10 I would place STRONG BUY for this...
Trade Idea: Buying SPXUSD Reasoning: Holding major support on the daily. Posting a short term double bottom on the 60min. Entry Level: 3708 Take Profit Level: 3755 Stop Loss: 3685 Risk/Reward: 2.03:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
It needs air and to me this is it - correction time, eoy should be bullish.
This is a continue trade for the one early take your profit and open another one with low risk