NAV and reached targetThis is just the beginning of a healthy climb of one of my favorite altcoins.
Good decision to put long when NAV make a retracement.
Thanks for your time!
2017
DAX 2017 Q1 PREDICTION ! SHORT 10950 TILL 9800 IN 4 MONTHS!!!*Hello traders, I make this chart because I see that all Indices were pumped after the US election and Italy referendum.
*In my opinion this is a bubble that will eventually burst when Donald Trump official came president of the USA.
*Entering 10950 - think that is a good LVL to enter short because 11000 is a psychological LVL like 10k 12k 9k ect.
SL- is 1/5 of the TP which is good i think
*1st, 2nd, 3rd TP how to trade ???
1st profit release the 50% of all short positions
2nd profit release the 25% of all short positions or the rest 50% of the 50% :)
3rd profit the rest
*if 1st target is reached what to do:
1st profit release the 50% of all short positions
could wait for pull back 600-650 even 700 and sell again
*if 2nd target is reached 2nd profit release the 25% of all short positions or the rest 50% of the 50% :)
don't sell after pull back " psychological LVL like 10k 12k 9k ect."
*if 3rd target is reached we can say to losers GOOD GAME WELL PLAYED!
*about the SL - it depends of the trader i dont use SL but i see that most of the people are making SL orders, I think that 11200 is a good SL order if you are scary like lil pu$$y
GOOD LUCK TO EVERYONE
$SBUX Unable to Breakout$SBUX was a MASSIVE winner in 2015, doubling its stock price. Since November of last year the stock has taken a breather. $SBUX has been unable to sustain a breakout over its MA's. CMF seems to have bottomed out and is leveling off nicely. We will keep a close eye on this stock as the year closes out. I expect $SBUX to regain momentum early 2017.
Short term = Neutral
Long term =Long
Gold TECHNICAL PLAY FOR WEEK 32 1st August 2016- 7th 2016Looking to buy up if the trend continues upwards anywhere from 1337 to 1351 area till our target area 1421.95
Eventually as autumn season starts we are expecting USD pull back till november and not expecting any risk aversion in market at this moment until we hear from Fed in November. Dollar is likely to stay neutral for the time being and is also likely to end this recent Gold rise. Mostly likely we have reached the high or will once we hit 1400 again.
Once it turns we can have a really good pull back with price of falling as low as back down 1140 leaving us a nice head and shoulder pattern formation which can lead us into 2017 nicely and futures at the moments will nicely hedged below for buyer ready around 1100 and 1000 levels.
Big Diamond Pattern Atop Carnival Cruise CorpBig Diamond Pattern Atop Carnival Cruise Corp
When forecasting you have to take a lot of information into consideration, you have to also find the needed information to make a forecast.
What we know in the short term, Carnival Corp CCL, average analyst stock price estimates post Q2 earnings - June 28 - was $60.50 and high estimate for 2016 of $80. Brexit aftermath has slowed stock momentum and was in an industry that was hardest hit other than global banks. If Carnival does infact beat estimates, which it has solidly for nearly two years straight, we could be in a big surprise to the upside.
Long term, estimates for all corporate earnings are extremely overpriced. 2017 is expected to price nearly a 20% rise in earnings for the S&P 500. With the Federal Reserve and rating agencies ready to revise these numbers early next year, along with analyst revisions, this could be a disaster for US stocks in 2017.
Diamond Pattern
We can't always assume which direction the diamond pattern will follow, but we do know that massive volatility will shoot out of the pattern once a diamond pattern is completed. Studies have shown Diamond Patterns are the best patterns to forecast future volatility. Diamond Patterns shape have also proven to slightly improve long term forecast, but not always short term forecast. Short term direction after the patterns has completed, may not always be the ultimate direction the pattern wants to go. Often Diamonds shoot out fast head fakes in the short term, while the direction of the diamond has been pointing to a direction opposite of the head fake. So traders need to take into consideration short term vs long term, when studying the diamonds direction (red arrows on chart point to downward momentum).
The perfect symmetryAs BTC/USD recently passed an important resistance line, the next key level to watch is around 680 USD.
Bitcoin likes symmetry and it likes fractals.
I think the real rally will begin sometime end 2016/beginning 2017 until the half supply will show its effect and some major economic troubles will unfold, pushing BTC to new all time highs in early 2017.
