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Commodity Channel Index (CCI)

EURUSD: Wait for Draghi's speech and maybe for the daily closeWe should be seeing a turn in the Euro very soon. I'm already long with a wider stop and looking to add to longs. I advise caution today, the market is awaiting Draghi later today. We're overbought in 4h, and RgMov shows bearish sentiment in this timeframe (contrary to daily and weekly bullishness), so a new low could trigger selling in the short term. What I'd like to see would be new lows tripping 'All stops known to man' after the news and a quick reversal, closing the day near the highs. This would give the perfect excuse to enter longs on a new daily high after today's close, and tightening my initial position's stop, reaching a full position, long the Euro. If not, another positive outcome would be a rapid rally causing today's price range from the open to be bigger than Friday's true range, giving us an excuse to buy dips and/or new highs above the previous 3 days' range. Let's keep our eyes on this now. Right now, there's a bullish signal in the daily with new highs, but the news are a huge risk, if we were to trade with tighter stop losses. Good luck, Ivan Labrie.
Long
by IvanLabrie
1
Largest Uranium Miner Uranium is no longer a topic of conversation like it used to be. That's a good thing. Average historical uranium prices in the 80s - 2000s was $10 per pound with an occasional low of $7-8. Uranium spot is currently trading at ~$18 per pound. I think prices could easily get cut in half, especially with cheap energy prices. Prices of Cameco Corp imply a similar trajectory and drop in magnitude of 40-50%, followed by a signal of forming a historical bottom. I'm interested in buying long dated puts on Cameco on any rally with targets in my orange zone. I will be looking for a long opportunity should price reach the orange zone.
NYSE:CCJ
by Lanmar
NGAS: Long at market or on close, 1 tick above today's highWe have a low risk long opportunity in NGAS here, my signals clients and me have entered longs here, and will look to add and manage it as the setup evolves. There's a chance for the weekly to fire a strong uptrend, which would open up room to hit 3.23 in the coming weeks. Let's see how it goes. Good luck, Ivan Labrie. PD: I'll reduce the amount of posts that give precise entry/exit reccomendations after this one. The signals service will have priority naturally, over the posts shared in public.
FX:NGASLong
by IvanLabrie
2
EURJPY: Trend following made easyI'd like to share a trade opportunity in this pair. You can see how the moving average on chart shows when it's a good chance to short this pair, looking to rejoin the dominant downtrend in place. We can now enter at market, (if not already in...I'm short from 116.191, and added at 115.164). The price has hit a strong level, which coincides with the mid point of the Brexit induced decline, as well as a recent daily downtrend's resistance, so I expect this pair to roll over, and proceed to accelerate to the downside soon. Good luck if taking this trade, Ivan Labrie.
Short
by IvanLabrie
7
Copper pitchfork chapter 2 This is the second chapter of a copper story around this pitchfork. You can see first chapter on the related ideas. I believe the end of the last downtrend is over and now that we've tested for several days that support, it seems fair to place a long position at this point with a reasonable risk/reward. The indicators shown confirm this idea and a couple of fibs (not shown) converge at the center line and the upper quarter where I have the objectives for this trade. Thanks for your comments, and green pips for all.
FX:COPPERLong
by purpurato59
AUDCAD: Good chance to longWe can take this long here, risking a drop under 0.97612. Target is not set in stone, but watch how it evolves. We're testing a critical support level, but also facing considerable resistance, so we might have to be patient. I still think the trend will continue to be up, so, not a huge concern to hold this. Good luck! Ivan Labrie. PS: I had a moderator comment on my publication format, for now, I'm keeping it brief, but message me if interested in my services. I will post trades on and off, but there are quite a few I reserve for my private clients.
Long
by IvanLabrie
XAGUSD: Buying silver now seems smartAlthough we have a considerable amount of longs still, the technicals suggest going long silver is a smart thing to do. I like the idea of buying until it takes off...follow the indications on chart. The correction has matched the previous one, price range wise, but the timing doesn't match. We can estimate a target based on the previous rally, and on time at mode signals, and I think 23.25 is in the cards, if not higher on a very climactic blow off top (if and when we hit the monthly downtrend mode at around 30-33) Good luck! Ivan Labrie. PS: Yes, I'm short $PAAS, covered half at 19.825, from 21 give or take, with stop at 21.60. I see it as a good hold, while we try to long SLV or XAGUSD, or Silver futures. Risk 0.5% on each entry.
FX:XAGUSDLong
by IvanLabrie
5
KSS: Key Hidden Levels signalsIn this chart I describe the trading signals generated by Tim West's techniques, in particular the methods revolving around the RgMov and Key Earnings Support indicators. You can see signals that failed are very few, and the trade setups obtained in one year have been really precise if executed correctly. If you're interested in learning the specifics of this discipline, and getting information of new stocks to watch, trade setups fresh from the oven, or in private tuition or trading signals, contact me, and don't forget to stop by the KHL chatroom ( www.tradingview.com ), where me, my good friend Nick Coulby and our mentor, Tim West, usually share ideas and commentary, and new members and subscribers to the indicator pack, can discuss and ask for advice as well. Cheers, Ivan Labrie.
NYSE:KSS
by IvanLabrie