The technical picture for AAPL prices look bearish. First support is at 89.50. If that breaks we could see more down side to the level of beginning to may 2014 at 75.93 Let's see where apple stock will open today.
Limit buy at 2062 Stop 2049 Target one 2086 => 2R Target two 2112 => 4R
Todays candle shows a rejection of support around 1.1212
The S&P 500 index pulled back to previous resistance now acting as support. A indecision candle formed, which may hint at a reversal. Entering at the high of the reversal candle the trade allows for a 2R profit target back to previous high if stop is place below the low of the indecision candle. To learn more about me and how I trade, see my personal website at ...
Following the trend down. Reward risk ratio 3.5
Again playing on a weakening dollar. Trading the audusd higher to the next resistance level
Pound should climb against the dollar looking at the technicals. Do mind the upcoming Brexit!
I will short the AUDUSD after the weekend as I expect it to continue heading lower after todays bounce of resistance forming a pinbar. FX:AUDUSD
BTCE:BTCUSD
FX:USDCAD USDCAD hitting long time resistance forming a Hanging man. I entered short with a tight stop above the resistance area. If I am wrong, then I will be wrong quickly. Potential profit target is at 6R targeting the previous upswing.
FX:AUDUSD Aussiedollar could bounce back into the recent range as it hits support and formed an inverted hammer. Entry would be above the wick and stop below the support. Profit target would be the top of the range. Good luck trading! Dave www.davetromp.net
FX:GBPUSD An inverted hammer on support. Go long at the break of the wick with a stop behind the support level. Take profit at the next S&R level. See how I trade at www.davetromp.net Good luck! Dave
INDEX:IUX Possible reversal in the Russell 2000 as a pin bar formed on support of Aug 2103 and resistance of May 2013. Next resistance and possible exits at 1040.00 and 1080.00. Reversal is invalidated when price breaks below last Fridays low. Good luck! Dave www.davetromp.net
The daily candle on the Kiwi formed a Hammer right on top of previous support. Therefore I believe there is a high probability for more upside. If price breaks below last Fridays low, then this will invalidate the setup. Possible exits will be at 0.66000 (round number / psych level) or at the next resistance at 0.66767. First target is at 1,5 R and second at 2,5...