$NIO Pending Reversal On Down Trend?In the chart I have provided an analysis on the following points:
1. Confirmed Supply & Demand Pockets (Total of 2).
2. If side movement continues past February 28th chart would be invalidated.
3. Break above $20 would confirm break of downward trend & place us in supply territory for Fibonacci.
ADR
FX Upcoming Opportunity Set - Nov 7, 2022 - Nov 11, 2022Unless you are calculating volatility in your own way, here are the upcoming opportunities within the FX market based off the Average Daily Range. Market research shows that price has a 80-85% to reach 75% of it's 5 day ADR.
Non-Commodity Major Pairs
- GBPJPY
- Current ADR: 263 pips
- USDJPY
- Current ADR: 221 pips
- GBPUSD
- Current ADR: 217 pips
Non-Commodity Major | Non-Commodity Minor Cross Pairs
Great opportunities here this coming week
- USDCZK
- Current ADR: 3924 pips!
- USDSEK
- Current ADR: 2169 pips
Non-Commodity Major | Commodity Major Cross Pairs
- GBPNZD
- Current ADR: 322 pips
- GBPAUD
- Current ADR: 281 pips
- GBPCAD
- Current ADR: 209 pips
- EURNZD
- Current ADR: 207 pips
Non-Commodity Major | Commodity Minor Cross Pairs
Great opportunities here this coming week
- USDZAR
- Current ADR: 4024 pips!
- EURTRY
- Current ADR: 3657 pips!
- GBPZAR
- Current ADR: 3284 pips!
- USDNOK
- Current ADR: 2463 pips!
Classic Break & Retest Play!GBPJPY has been brewing to break to the upside.
Last week it bought out of a consolidation zone and is poised to run it up this week.
With GJ's ADR being upwards of 100 PIP$ this should be a nice ride up town for the low.
Never over leverage.
Trust your trade set up.
Be patient.
Have fun!
GBPUSD Pound/Dollar has some potential here.
Using the RS ADR tool you can see the Average Daily Range of 114 pips takes us to the red pivot level just above 1.23000. This correlation gives us a nice take profit point with the usual double bottom pivot levels and bullish price action giving us the entry point. Taken a risk with a slightly early entry as price hasn't fully decremented the 1.22300 pivot yet, but I think it's early enough in the London session to have room to manage the trade if it doesn't work out.
traders-rucksack.co.uk
WHEN EURUSD HAS REACHED IT'S ADR LIMITS!This chart illustrates the Power of knowing the ADR (Average Daily Range) of your pair.
Here we see EURUSD has gone 82pips from the Sydney Tokyo Sessions.
It has to pull back at some point.
This is where we leverage the ADR and short at the highest point.
Happy Trading Family!
Smart Money vs Retail tradersIn this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka consolidation. When the market makers accumulate enough buy and sell stop orders they continue the move often with the trend. The Big Trend Moves are always the Smart Money. Trade with them and you will always eat!
Happy Trading Family!
Watching for a breakWatching EURJPY for a longer term play anticipating a break of the consolidation zone.
Price has been on a run since March 7th so there is potential for a small retracement in price below 134.700 before further continuation higher. That 134.700 level + 1 ATR would be a my stop position on a positive break of the range here too. Downside move stop would be ATR above 136.000 whole number.
136.500 - 137.000 has been a key selling point for price action which as struggled to get much footing. If price moves into this zone on a break be very careful if volume starts to pick up. Once the level breaks however there could be a large upside.
As always we'll be using our Average Daily Range tool to plot potential intra-day moves if we layer in bids on the break.
What a balance sheet. Very good investment opportunity! Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart:
1. Price levels are working well
2. globally range, locally downtrend
3. level confirmed by touch
4. distant test of the level
5. approached with big bars, and the level was broken with a paranormal bar
6. on D1 we see a sharp approach with no rollbacks, on M5 we don't
7. no accumulation in front of the level
8. no rollback
9. the instrument closed below the level
10. on the level a few times before the move down was stoped
11. has a room for a move 1 to 5.1
12. we see model descending highs
13. on Nov 22, 2021, the company had a report worse than expected
14. the price came from above
15. the ADR has the potential for a big move
16. no planned report in the next 2 weeks
As of September 30, 2021, the Company had cash and cash equivalents of RMB906.4 million (US$140.7 million), compared to RMB1,498.9 million as of June 30, 2021.
As of September 30, 2021, the Company had short-term investments of RMB3,588.2 million (US$556.9 million), compared to RMB3,127.2 million as of June 30, 2021.
Potential risk/reward ratio = 1 to 32 meaning that I'm risking a 100$ with a possibility to make 3200$
Please, support our work with ❤️
$SOHU: China Come Back Poster Child?SOHU has been showing terrific relative strength against a basket of other Chinese ADR's and the KWEB etf. Last quarter was a 400% earnings upside surprise, and technically speaking, you could look at this as a large cup and handle pattern trying to break to the up side. At symmetry here, could this be a tremendous value buy? Or will the CCP keep up the antics? Stay tuned!
Jianpu Technology Inc ADR 🧙Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.
Industry
Custom Computer Programming Services
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DouYu International Holdings Ltd ADR 🧙DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement.
Industry
Internet Content & Information
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BYD CompanyCan Trade under:
BYDDY - Foreign OTC (Expect ADR Fees)
BYDDF- Domestic OTC
(Don't take this as law)
Mission:
Technological innovation for a better life
During the daytime, solar farms capture the power of sunshine;
at night, energy storage systems deliver power to families.
Electric vehicles on the streets and SkyRail systems along green belts
connect the city with zero emissions and zero pollution.
We provide more possibilities for a better life.
We see a new energy future approaching.
This is the mission of BYD, and the green dream of all mankind.
Recent News:
1. Alexander Dennis Limited (ADL) and BYD UK jointly announced today that ADL and BYD will commence the design and assembly of chassis for the BYD ADL partnership's electric single and double deck buses for the British market, ensuring completed vehicles are built in ADL's facilities in the UK. ADL is a subsidiary of leading independent global bus manufacturer NFI Group Inc. (NFI), while BYD is a global leader in batteries, energy management and electric mobility.
2. Bogotá, Colombia - BYD is proud to announce that it has exclusively won cumulative orders to supply 1,002-unit pure-electric buses to the capital of Colombia, Bogotá. This tender was open to all bus technologies, yet BYD won the trust and cooperation of its partners in the fiercely competitive bidding process thanks to its cutting-edge technologies, products and services. This is the largest order for pure-electric buses outside of China to date, which sets a new record in sales volume for the overseas pure-electric bus industry.
3. Hokkaido, Japan - On December 22, BYD and the three-time Japanese Series winners the Hokkaido Nippon-Ham Fighters (“Fighters”) jointly announced a strategic partnership agreement on transportation for the Hokkaido Ballpark F Village (“F Village”), which is slated to be opened in 2023.
By 2023, F Village will also build a brand new baseball stadium known as "ES CON Field Hokkaido", which will also be the main training ground for the Hokkaido Nippon-Ham Fighters, a leading team in the Nippon Professional Baseball Pacific League.
What do you think?
Like, Follow, Agree, Disagree!
Get the Champaign Out – Its Bubble Time I want to discuss stock market bubbles versus new highs and bull runs.
Many of you, I am sure, are concerned about the current market climate. Economies in recession, industries on the brink of disaster, high unemployment, Covid, and a multitude of other issues.
But Mr. Market does not care about your worries; Mr. Market cares about the availability of cheap money, Central Bank stimulus, fiscal policy, and the promise of better times.
We have the promise of better times.
We live in an age where it is actually difficult for a publicly listed company to go bankrupt because it has access to life support and cheap credit.
The question for you “shorties” is…
Are you willing to continue to lose out on profits while the market rises?
Sure, this might end in catastrophe at some point in the future. But that point is not now (probably).
Bullishness With the Avance Decline Ratio Analysis
Take a look at the chart; I have plotted the largest spikes in the Advance/Decline Ratio over the past five years. Do you see a correlation? This is not a lagging indicator like RSI, Moving Averages or MACD.
It tells you now what the market participants are doing. They are either providing demand and pushing prices up, or being a supplier and pushing prices down.
Keep an eye out for large spikes in ADR, as it quite literally predicts a bull run for the subsequent days to months.
An ADR above 3.6 is a strong predictor. This means 3.6 stocks increase in price for every 1 that declines. Of course, the bigger the ADR the stronger the move.
Note: This is a weekly chart.
Finally, remember the stock market would never go up if it did not break into new highs and continue to climb.
Waiting for GoldGold is riding the trending but caught in between the red middle band(50MA) and the 100MA(green). However, the mystery is will the crossover of the moving averages be enough force to push gold up to 1900. Or will the pressure of the Bollinger theory pull price further to the lower band then rising to it's glory (and my buy 🥴😩positions..)
NYSE:GGAL - La nave insignia del Merval en problemasNi las buenas noticias de la renegociación de la deuda parecen hacer reaccionar al título más importante del mercado argentino. A punto de perder el canal alcista que empezó a construir luego de la caída por la pandemia del COVID-19. Es importante que defina soporte en la zona de 9.74, aunque el aftermarket del 11/9 la ubicaban ya en 9.72. De no mostrar reacción en los primeros días de la semana del 14/9, para al menos definir una nueva tendencia lateral, podemos esperar bajas hasta la zona de 7.82