Canada
wheat will have to enter it's cyclewheat has a 6month cycle, between northern and southern emisphere crop, looks like it will begin a supercycle, like all commodities.
by a thecnical point of view, it's forming a H&S. wheat is a quite "dangerous" commodity to trade so i don't think it's a good idea entering before the pattern ends it's forming and starts going down from that neckline, multiple false breakouts are to expect once the price is bellow the neckline. i don't think it's a coincidence that the natural target of the pattern coincides with a round number (600), witch has been a strong resistance and support in the past.
EURCAD shortHey Traders, today we are monitoring EURCAD for a selling opportunity around 1.14245 zone. we noticed a breakout of the daily demand zone , so we might consider going short on the retrace.
Once we will receive any bearish confirmation the trade will be executed.
Trade safe and use proper risk management.
Joe.
CADJPYCADJPY we have good sell possession here as you can see because we broke good support zone here and this day candell is Pullback and you can take a sell possession and suggest you first go to 1 hour time and if you see a good sell candel take a sell possession
Thanks for reading
Dont forget Like and Follow
GBPCAD LONGHey Traders, in the coming week we are monitoring GBPCAD for a buying opportunity around 1,675 Respecting the ascending Monthly Trend in combination with the Monthly Demand Zone. Once we will receive any Bullish confirmation the trade will be executed.
Trade Safe and use proper risk management on swing trades. because on the long term the movements are more large comparing to intraday trading. so you must use a larger SL with a lot size more smaller than the one you use for scalping.
Trade Safe, Joe.
ERF NEXT BULL RUN (DD) insideyo new investor here but i'm different like khaled so its a 100% win every time. we DOW BEST MUSIC !!!! (LMAOO)
here is my tip: buy this single stock ERF !! it's the safest stock and is advised by all of the screener apps/companies so it will always be the goto for noobs like me who are just starting out.
right now theres a STEEP red bar, no reason not to buy now. (not sure what happened if someone knows please do.)
there is NO WAY THAT THIS WILL NOT FLYYYYYYYYYYYY.
msg me for more tips. i know how the market cycle works by doing acid and watching buffet.
Good and Long Term InvestmentThe stock almost bottomed up and have huge potential.
The stock might perform great due to :
- The cinema complex are open.
- Vaccination is out and government plan to vaccinate everyone by June.
- There is no reason why someone won't go to CINEMA in summer.
- Trend is favorable
Consider it as good buy , I am setting 2 target for myself and will re-enter after taking some profits.
Smart Center $SRU-UNSMART CENTER!!!!
WOW...
Especially out here in Canada, I believe this will spread like WILDFIRE.
Its literally LEGIT
- WALMART
- CANADIAN TIRE
- MICHAELS
- LEONS
The List can go on and on!!!
The best thing about this stock is MONTHLY DIVIDENDS...
Can't Beat this but there's a FEW REIT I know about that's well under price and value!
USDCAD SwingHey traders, we are monitoring a selling opportunity for USDCAD at 1,242 Zone respecting the descending channel in combination with the daily strong supply and demand zone. once we will receive any bearish confirmation the trade will be executed.
remember to use good risk management especially in swing trades because the movements are more severe and violent.
Trade Safe, Joe.
PKK to $17-18 in NovemberFollowing a rocky start after an uplisting and delisting from NASDAQ, PKK has been checking all the boxes in every other metric and has been hitting it's bull flag targets since the first run from 35 cents. Despite the pullback after losing the NASDAQ listing, we retraced only a little more than the historical 57% after every bull run and the hit we took after the de-listing ended up basically just printing another flag.
Golden cross on daily two days ago as well as crossing over the 200MA on hourly timeframe since the beginning of the pullback and yesterday and today we are testing the top of the band with uplisting news expected today.
Looking for $17-18 by end of November.
Canadians trade Bitcoin within RRSP? Bull and Bear?Looks like all the Canadians stuck with toxic dollar=based high priced equity can buy in fake Bitcoin via ETF. Complete junk but highly tradable. For Bitcoin when the Bull is running (like now), BUY HBIT
When the bear returns, switch to cash-is-trash or BITI to go bear on Bitcoin.
Use the leverage. On this trading style we will be fairly agreesive since we prefer to be in cash since the legacy markets run on obsolete banksters hours and systems.
Move to the new world of internet money. The truth. And until there is a true physically based backed Bitcoin ETF, trade this ETF scams. Heck a lot better than any mutual funds.
THIS IS NOT FINANCIAL ADVICE - TRUST YOURSELF - VERIFY EVERTHING ELSE.
Canada's Largest Crypto Exchange bottomed at 65 cents USD????Just the charts.... Strong bottom at 65 cents on this penny stock stinker. BIGG should get uplisted to the big boards in Canada and in the US.
I get a kick of finding small but very fast growing companies that sneak into the US via the OTC to then explode on the market via an uplilsting. Canada, it's also common to list on penny stock exchange CSE and uplist to the TSX.
The charts are typically penny stock junk. The sooner they can move into the safer zones. It should be a leveraged Bitcoin play but they need to start bragging more about user growth. And stop silly thinks have having minimum XRP wallets! DUMB Marketing, they give you $10 free to open an account, convert to XRP and it's a dead wallet!
XRP is nasty. So glad Layer 2 is coming to Bitcoin and Ether! Bye bye bad coinmasters!
Enbridge $57 TargetOne of the largest dividend payer on the TSX set to increase that dividend by the end of year/early 2022
They move 25% of nat gas in canada and us on top of solid portfolio of renewable assets
Doesn't get more blue chip stock than this.
I like to focus my portfolio on companies that are leaders in whatever field they operate in and have shown clear outperformance against peers and Enbridge fits that bill
January calls with a 57/58 strike is how I am playing it.
Price has reached to critical zone, highest level since 2018As oil and gasoline prices spike in the world, Canadian dollar is getting stronger again. Right now, as you can see on CAD/JPY chart , price has entered the critical zone again. This is the forth time since 2017 that price reaches to this zone. Price behavior is very important here. Will gas, oil and commodities help Canadian Dollar to get stronger , break the zone and goes back to its wonderful days on 2014-2016 ? On the other side, Justin Trudeaus government is facing with a massive deficit, highest inflation rate since 2003 and vast volume of money printing which have made Canadian Dollar weaker than ever. Will positive factor overcome negative factors?