USDCAD - Buy OpportunityUSDCAD has closed above the middle Bollinger Band on both the weekly AND the daily chart. RSI is above 50. I have entered at the open of the market on 1/20/2017. Daily view is linked to this idea.
Bollinger Bands (BB)
EURCAD - Sell Opportunity - Bollinger Band BreakoutEURCAD has successfully broken through and closed below the lower Bollinger Band. RSI was recently very overbought. Price failed to create new highs and closed strongly through the middle Bollinger Band closing below the lower Bollinger Band. I expect price to re-test previous lows. Daily TF POV is linked to this idea.
NZDCAD - Sell Opportunity - Bollinger Band SqueezeNZDCAD is nearing a support area. If price can break through and close below the lower Bollinger Band, I will enter short. There is a strong Bollinger Band squeeze on the 4H time frame. RSI was recently overbought. TP levels set at fib retracement levels; 50%, 61,8% + 100%.
short term both directions is probableSupport and resistance set on previous day's opening gaps
The bollinger bands are set @34/3
This is key in reading short term volatility gains in the SPY
Also:RSI
34 EMA
CCI
CADJPY - Sell Opportunity - Bollinger Band SqueezeCADJPY is nearing an area of recent lows. Strong Bollinger Band squeeze confirms this trade setup. I will enter upon a bearish impulse breaking through resistance.
USDCAD - Buy OpportunityUSDCAD appears it will close above the middle Bollinger Band. I will enter at the open of the market on 1/20/2017. RSI is above 50. SL set below previous day low at 78 pips. TP set at 246 pips near previous highs.
CADCHF - Sell OpportunityCADCHF has closed above the middle Bollinger Band on 1/19/2017. I have entered at the open of the market on 1/19/2017. RSI is below 50.
EURCAD - Buy OpportunityEURCAD has closed above the middle Bollinger Band. I have entered on the open of the market on 1/19/2017. TP set near previous highs. RSI is above 50.
NZDJPY - Sell Opportunity - Strong Bollinger Band SqueezeNZDJPY is currently in a very strong Bollinger Band squeeze. I will enter upon a bearish impulse breaking through resistance. I expect price to continue down to previous lows.
CHFJPY - Sell Opportunity - Strong Bollinger Band SqueezeCHFJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse. TP set at 249 pips near previous lows. SL set at 80 pips. I expect price to continue through resistance to previous lows as marked.
EURJPY - Sell Opportunity - Strong Bollinger Band SqueezeEURJPY is currently breaking out of a very strong Bollinger Band squeeze. I have entered upon a bearish impulse making new recent lower lows. I expect price to continue to drop to previous lows as marked on the chart. TP1 has 1:4 RRR at 345 pips. SL set at 80 pips.
GBPCAD - Buy OpportunityGBPCAD appears it will close above the middle Bollinger Band. I will enter at the open of the market on 1/20/2017. RSI is above 50. SL set below previous day body.
TWTR's Bearish SetupBreach of the 50 day moving average combined with a bearish cross on the MACD. If it breaches the $17.58 support, I would look to $16.28 for the next significant support level. Breach of both is pretty slim IMO however.
Risk
Support and lower Bollinger line up, which can send it horizontal to build a stronger base. If $17.58 isn't breached on significant volume, look for another sign of confirmation. If it bounces of that line, look to the $18.49 as the resistance as a pivot to long.
AUDUSD - Buy OpportunityAUDUSD has closed above the middle Bollinger Band on the weekly chart. I have entered on the open of the market 1/16/2017. SL set at 80 pips. TP set at 168 pips.
Dax Bumping the CeilingThis channel upwards looks to be taking a breather. There is divergence coming through in RSI and BBs are likely to contract, I would anticipate that the enthusiasm has not necessarily evaporated it is more a case of taking some of the pressure out of the system. For better or worse the markets seem to be anticipating a boon from Trump coming into office later in Jan. It looks like an early rest and probable slide rather than drop before the hullabaloo sets in late Jan.
Bitcoin ($800) Breakout on Triple Bottom Momentum!! or just a sad pipedream that results in a rectangle top...
I am bullish BTC short, medium and longterm...
Always have, and will be for the foreseeable future...
Comments are welcome... Join the Flag party only if you dare.
Price Target $800
USDJPY sell SetupUSDJPY just touched 4hr top bollinger band and reversing, a breakof the midline (20 MA) is to confirm a sell. a break of lower bollinger band together with low bandwidthand add some more to the short position. Stoploss can be put just above the upper bollinger band nad target for 112.50.
Gold Candlestick tweezer bottoms indicating a bullish reversal. Going to scalp a few pips. May adjust target, T/P and S/L accordingly.
GBPUSD - Sell OpportunityGBPUSD has closed below the middle bollinger band on the daily chart. It is likely to continue down to the strong support level located around 1.215. Enter at open of the market on 11/21/2016.
