UnknownUnicorn981629

UnknownUnicorn981629 Updated 

Getting short on any signs of strength short term. Look at the downtrend recently formed. Gonna take time to reverse the weight of the market. 4k should provide a strong floor. Volume profile indicator is showing how many contracts traded hands at that particular price. This shows significance to institutional investors which is important to understand. Entry...

UnknownUnicorn981629 Updated 

The daily chart is telling us two things. Things or getting ready to get nasty or we are getting ready to recover. We will know after tomorrows action but until then direction is at the mercy of the market. Daily chart shows an immediate need for caution on the bull side. Our 14 and 50 EMAs have rolled over indicating we are due for a couple week of sideways...

UnknownUnicorn981629 Updated 

Hello everyone! Enjoy the analysis! Stocks and Indexes are in the midst of a nasty pullback. To the untrained eye this looks nasty but do not play a fool, this pullback is textbook HEALTHY. Happens at least once a year. The US Stock market is the SINGLE best place on earth for capital growth. This discount is truly a blessing, do not miss this pullback. Do not...

UnknownUnicorn981629 Updated 

Listen guys I don't say this often but I feel like there is a very high chance that indexes and stocks are about to do 3% up. Could be Tomorrow, could be Thursday, could be Friday. Could be after 3% down. Work your system and Buy That Dip with assurance that odds in life don't get any better than this. If you have any questions on my feelings here please PM....

UnknownUnicorn981629 Updated 

TRADERS! USDJPY is UPTRENDING! Black fibonacci is STRONG (monthly impulse trend.) Blue fibonacci holds heavy weight also (weekly corrective trend.) Thick red EMA is 50 period. This blue EMA is 14 period. Notice the buy signal on the monthly that still has room to run. Then notice the black fib on the weekly and how well its been respected. I bet yen keeps...

UnknownUnicorn981629 Updated 

Traders, Look at the thick Exponential Moving Averages (EMA's) on the daily chart. They are crossing and looking VERY bullish. The Red is 50 EMA. The blue is 14 EMA. These indicators are EXTREMELY powerful. A cross to the downside is referred to as the "Death Cross," but there is no general name for when it crosses to the upside. We'll just call it The "Bullish...

UnknownUnicorn981629 Updated 

U.S. Dollar is moving up after finding new strength in Americas political scene. This pushes all XXX/USD pairs down. Our indicators have been firing shorts on EURUSD for the past two weeks. A major level was breached at 1.21500 and price literally hasn't looked back. This is one of the strongest trends forex markets have seen in awhile. Be prepared for continued...

UnknownUnicorn981629

Traders. Side by side you'll see the daily chart of the two most liquid markets in the world. The S&P500 and the Nasdaq. With these charts I'd like to say Thank You for those of you who helped me realize my true trading edge is with these indexes. My win/loss ratio has improved greatly and I'm able to handle my trading plan with discipline. Its safe to say...

UnknownUnicorn981629 Updated 

Occasionally I will be slapping together a commentary about the days action on my favorite index and making a point to pickout the best entry of the day. This does not mean I take these entries. I simply point them out. These posts will be short simple and insightful. Notice the daily is bearish. We know better than to hold onto long positions. Over the...

UnknownUnicorn981629

Daily chart is bearish. Notice 14 EMA is below 50 EMA and price has rejected its test of the channel. Entry target and stop just make sense. Lets see how it pans out. Entries will be posted! If you found this analysis useful or thoughtful Likes/Comments/Follows are much appreciated! Disclaimer: Your data may be different. Material is educational only. Trade...

UnknownUnicorn981629 Updated 

The S&P is looking increasingly strong as a bottom appears to be forming. Price has rejected the NO TRADE ZONE earlier last week and pushed back to those levels to test the underlying support which held perfectly shown by the daily chart. BUT we are not out of the woods yet. ES closed the week below the CRITICAL PIVOT price of 2708 which was expected last week....

UnknownUnicorn981629 Updated 

Hello everyone and welcome to my newest series of public posts being dubbed "The S&P 500 Leveraged ETF Strategy." Recently I became self-aware that I am watching too many markets which is causing expensive and often psychologically hurtful mistakes. By focusing on one instrument, The mighty S&P 500 , I am hoping to make better trading decisions and compound...

UnknownUnicorn981629 Updated 

* Please note I am not in either of these positions yet. The green/red markers are showing where I wish to enter. I'll post entries in the comments. Analysis: I do think this daily signal is bold and tells us a lot about this market and the quality of this uptrend. But these markets are being far to spiteful right now to give us three green soldiers outta...

UnknownUnicorn981629

Hello everyone. Recently I have been thinking about my trading goals for the next couple years. As I work through college and stay relatively busy I need a trading system that adapts to me. I decided focusing on these 3 markets and trading them with leveraged ETFs would give me the greatest odds at a profitable, low maintenance trading strategy. Starting next...

UnknownUnicorn981629 Updated 

I've had this fibonacci fan drawn on this monthly USDCAD chart for some time. I think its time to share with the world. Every time I look at this I'm just baffled how clear its been in the last few years. Notice the red line acting as the mean. Markets are either moving away or toward the mean. The safest bet is always toward and never against the mean. Price is...

UnknownUnicorn981629 Updated 

Hey there Traders! Whew - What A week! Monday and Tuesday last week proceeded to push above levels I had identified to proceed with risk on buying strategies. RISK ON=Long XXX/USD. Short USD/XXX. Unfortunately, as soon as I proceeded, EURUSD signaled the market is still too heavy to proceed higher. The daily chart is signaling more downside. So I'm planning some...

UnknownUnicorn981629 Updated 

Goodmorning Traders, I know I said I was going to wait until Tuesday to place trades but here I am two trades open already into the week. It snowed this morning so I got out of work allowing me to have some time to play around with some day trades. Walking in the market was pushing down and it almost always reverses on trick morning/days like today. That being...

UnknownUnicorn981629 Updated 

USDJPY daily has broken out of the ascending channel, has broken 10 EMA and testing its 20 EMA now. Hopefully that will push price back to my strategic entry. The Daily slow stochastic aligns with our thoughts. Looking at the 4 hour bar, I want in but putting an order above the high is obvious. I'm betting its a trap and price is due to hit the stop before it...