Hello traders, I have been looking for an opportunity on AUDCAD for few days now. Take a look at the video and let me know what do you think about this situation. Good trading, John FINEIGHT Team
Hi traders, we see a very strong UP movement in the pre-market now and my question is very simple: "Do we really live in communism?" This strong move came after the FED´s meeting, where those guys created another anti-capitalist support mechanisms. I have never thought, that it will happen in America. Be careful of some price Action analysis, because the...
Hi traders, As I told you in yesterday's video I need to see a Daily bar CLOSE below or above particular SR area for me to consider that area broken. Yesterday was a picture-perfect demonstration. SPY dropped as low as ~296, turned around, and finished the day in SOLID Green! And today it's gapping even higher with a high probability of filling the gap up to...
Hello traders, I have just entered this position on USDCAD . I was watching the market for few days and I was looking for a short opportunity. As you can see from the chart, the price reacted on Fibonacci retracement, we can see a false breakout to the upside and a volatile movement to the downside after that. This confirms the short for me. Also on daily chart...
Hi traders, As we watch the premarket of SPY trading under 300, it is clear many people will start panicking. That's why I made this video (oh, and you will also learn how you could've known the 8th of June SPY was the highest high of the current uptrend ;) ) So tell me, are you sticking to Bulls or thinking it might be Bears turn again? Tom | FINEIGHT
Hi traders, I have picked another market for today´s analysis. Our best shot for today can be VRTX (we just have to wait for the entry bar). It´s a pharmaceutical company that increased the price of its stock during the Coronavirus crisis. If we compare the price with the SPY market and take the correlation into the consideration we can see that VRTX has...
Hi traders, After an indecisive start of Friday's trading and one false breakout later, I managed to both enter and exit pretty nicely in MGM, making it probably the nices trade of the month. Ending up slightly down for the week though. Trades: 1) MRO - LONG @6.81, -0.70% 2) MGM - SHORT @19.09, +2% *In my ID trades, I risk 1% of the account per trade and go for...
Hi traders, Market was going down strongly on Thursday, sadly I mistimed some of my trader or didn't take profit when I had the chance. But apart from that I'm telling you why I knew the airlines weren't going down from the open but rather up, despite gapping down significantly. Next time you see a situation like this it can save or even MAKE you...
Hi traders, we saw BIG SHORT in the SPY market yesterday. I am really happy because my Short trades went into profit, but we still have major S/R levels below the market, that can stop that nice move down! I am talking about the Value Area that held the price for more than a year. In the middle of this range is PoC that behaves like the magnet. So that´s...
Good morning, traders! I have just opened a new position on GBPNZD , so here is my analysis. Take a look at the video and let me know, if you like this idea as well. :-) Have a nice day. John FINEIGHT Team
Hi traders, today´s HOT market that I opened yesterday is "Boston Properties Inc." As you can see in the analysis, this market was stuck in the Trading Range for several years and a few weeks ago broke down. What makes this trade amazing is the fact, that we are still below the major Value Area , so we can say, that lower prices are respected. INSIDERS,...
Hi traders, Murphy says the very next time we decide to do something, it won't work. That's what happened to me on Wednesday as I re-entered Citigroup after missing a re-entry on Tuesday in PTON. Aaand ended with 2 losses. The day was even more painful because in UNFI I spotted 2 good opportunities - both of which worked - but did not get filled. A nice profit...
Hello traders, this is just a quick update on the situation on AUDJPY I posted few days ago. I was waiting for some confirmation of the reaction and here it is. :-) Check the video and let me know, what are your expectations here. Have a nice day! John FINEIGHT Team
Hi traders, I have been looking for a short trade on EURAUD for few days now and today there might be a nice opportunity. Check the analysis in video and let me know at the comments what do you think. :-) John FINEIGHT Team
Hi traders, Losing in one particular stock doesn't mean you should be done with it for the remainder of the day. One deeper pullback got me out of my PTON Long which then offered a really nice profitable opportunity later in the day which I sadly didn't take advantage of and cost myself money! Trades: 1) PTON - LONG @46.23, -1.02% *In my ID trades, I risk 1% of...
Hello guys, quite an interesting situation we have on EURGBP . Price is moving within two strong S/R levels and high volume is traded every day. This could result in a nice breakout opportunity! Take a look at the analysis in the video. John FINEIGHT Team
Hi traders, another portion of the analysis is coming up! Today´s winner is AMED. The only problem, you might have, is the Trading range that "holds" the price. However, we are in a very nice rising channel and INSIDERS increased their positions . So in spite of being stuck in some range, I think we have a big chance to go up! Will you join? Good...
Hello traders, EUREX:FDAX1! is hitting a major resistance, which is considered to be a last strong level before all time highs. Buyers are still very strong as we could see in previous weeks, so it might bring some very nice opportunities. Check the analysis in video! John FINEIGHT Team