DMA
Shorting the USD/SGD; 0.5% of portfolio risk.One of our investment programs have shorted a few USD-related exchange-traded derivatives, including A-book CFDs (with Global Prime).
In the very short-term, with very risk-adjusted positions, we are entering long in equities, shorting the USD, and executing other correlated positions with a portfolio hedge of 30%.
We have this position both in our systematic, algorithmic trend-following programs as well as a global discretionary one.
Position:
SS: 1.3111
GTSL: 1.3180
TP: 1.2860
Our risk algos can modify the weight of the position if needed in the future.
Shorting BTC - Sell stop via futures.BTC is showing opportunities to execute risk-adjusted short positions through futures or DMA CFDs (avoid STP brokers). No matter if BTC bounces to the upside, we could also benefit from such situation, and we can place pending orders in order to take advantage of the most likely scenario on a quantitative and qualitative level: a mid-term downtrend.
Operation:
R/R ratio: 1/2.42 (risky)
Risk mgmt: 0.65% of our portfolio risked.
Wealth mgmt: We will average probably at 15 000 with the same R/R ratio.
Timeline: 2-4 months.
Exchange: OKX.
Financial engineering: futures.
Sell stop 1: 16 950.
Stop loss 1: 19 800.
Take profit 1: 10 050.
Sell stop, stop loss, and take profit 2: We will check it in the future.
Triangle Pattern Breakout in 1 DTF//BPCL>The good ACCENDING Triangle Pattern formed which ended up with strong green candle!
>The pattern took 3 supports at the bottom and 3 resistances at the top!
>12 AUG close is strong both 1 DTF & 1 WTF.
>In WTF it closed as a Hammer Candle , It is heading to break 20 DMA!
>Once it breaks 20 DMA then 50 DMA is the immediate target in WTF, the MTF is also looking bullish by the way.
>Stop-Loss is fine under the green bullish candle in 1 DTF and wait for the 20 DMA break and take the positions accordingly.
Hope the stock blast!
Triangle Pattern Breakout in 1 WTF!>Good formation of the triangle pattern happened but the most important thing we need to watch for is good Volume build-up!
> The 50-DMA should be broken with the good volumes is the only concern!
>The 4 Supports Levels are significant because they respected the same levels of (335-354) every time.
>There is also the formation of High-Tension Lines which is a good sign.
>The Stop-Loss is the best part of this set-up(>5%)
Let's Watch with patience!!!
Welspun- A good buying opportunityWelspun India is about to boom!!
- The MACD line is above the Signal line
- RSI is about to cross 60
- Supertread is in green
- 5 DMA is cutting 26 DMA
Most Indictors are showing good strength
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Using Daily moving-averages on $SPX (and children)Hello all,
Not a financial advisor, i just trade full-time. I can share some stuff that I look at.
TL;DR
Look at crosses, touches and space
--------------------------------------------------------------------------------------------------------------------
Please also pull up my other idea on $SPX timeframe'd weekly, linked (scroll down to bottom for links | also, to open the link in a NEW TAB, hold the control ( CTRL ) key down and then click the link).
- The traffic light time-axis markers are borrowed from the weekly time-frame.
If you need to manage your position with $SPX or your children, then this is for you.
References:
MA = moving average.
DMA = daily moving average
The calculations in this study are from TradingView, I am unsure how they are calculated. Who cares! We just like to draw on charts, right?
Orientation:
We are on a $SPX weekly BASELINE chart (values are from the week of 03/16/2020 for baseline)
We have the S&P 500 (or 505, if you know) drawn up 4 times
----Each one of these lines represent the percent of stocks ABOVE their relative moving average
-----There are 4 daily moving averages: 20, 50, 100, 200.
-------For example, the BLUE line represents the percentage of stocks inside of the $SPX that are trading above their 20 DMA (daily moving average).
snowy, elkenpolar-branded traffic light time-axis markers from $SPX weekly
Two highlighted boxes mapping the $SPX weekly corrections to 25 EMA.
EDIT: I didn't use it, but the RSI is based on the 20 DMA. I just noticed a couple neat things there, look for yourself.
Our baseline is the bottom of the market in March, 2020. This is a great time to start looking because this was a huge shift in...well, just about everything.
The boxes highlight some periods of volatility in the $SPX. The first box (yellow) is the first (double) correction to the $SPX 25 weekly MA. The red box highlights a very volatile correction to the 25 weekly MA.
Yellow Box
This is EXCITING! We can see some indecision and faltering to the 25 weekly here. Notice how the 20/50 percent line form a cross in the first red rectangle. They also bounce off the 100 DMA line. The second box is a SNAPPY correction and notice how this one falls off a cliff to the 200 DMA line.
Red Box
Here we highlight the correction in purple. You can see a cross in the couple of week before hand. A leading indicator to what was possible in the next couple of week. We then got a RSI divergence on the weekly $SPX price chart and a correction. Notice the difference between the two 'major' highlighted boxes though - i.e. we did NOT touch the 100 or 200 DMA percentage lines. What could this mean?
To Note
Notice when our 'short' or 'small' moving average (% of above 20 DMA) crosses over our 'long' or 'tall' MA (50 DMA) it may lead one to turn off the playstation and open up a chart, with crayons.
Also note other convergences, divergences and, you know, funny shapes.
Observations
Later on we can see some similar stuff lining up this month.
We had a bearish cross (blue crossing below red), a bullish cross (blue crossing ABOVE red) and now we are kinda in this place of "Ruh Roh". Do I have a crystal ball? No, but my system tells me to sell/heavy hedge right now, so that is what I am doing. This doesn't just apply to my positions in this asset class either.
Look at crosses, touches and space
What does it mean, Mason?
Well, that is going to have to be decided for you. I can tell you what I did, I bought naked long puts. For Monday. What will I do this week? Probably more crayons. We are in turbulence and the best way to ride a turbulent airplane is with nothing in your tray and it *securely* stowed into the seat in front of you. Unless you got one of those fancy flying-beds.
If you make this chart and use it, be sure to correlate this chart with a price action chart from $SPX.
Please leave me any questions or if you would like something explained further below.
And what do you think? Link me your charts.
Thanks
Black Elk Speaks, Crazy Horse:
"imagine using smoke signals in 1998" *chuckles*
150K Bitcoin Top?Posted this earlier today but it got flagged for adding my twitter handle so im posting again.
A lot of times this cycle is compared to the BTC cycle in 2013. However right now price action is looking very similar to 2017. We have bottomed out on almost the exact day in July and have been following the price movement of the second half of 2017 very closely.
The 55 EMA looks to be important to watch during these times. In July 2017, BTC had broken below the 55EMA before bottoming out, very similar to July 2021. They then proceeded to make higher highs and higher lows before having a second break and close below in September. It recovered relatively quickly from here and went on to continue the uptrend.
In both 2017 and 2021 when we bottomed in July and September, we had a double bottom on the RSI . In November of 2017 we didnt reach the bottom levels of the RSI trend during that correction but we did correct and continued the uptrend on the RSI once we tested and bounced off of the 55 EMA on the daily.
We just tested the 55EMA, and are currently looking for a bounce. If this plays out until the end of the year we could see a cycle top of 150k as soon as December 21st of this year.
After we reestablish the 7 MA next close below could be the signal that the top is in.
Good luck!
BTC daily still strugling to break 33MAIn the recent bull run BTC was almost above the 33-DMA but after the fall from 64k to 47k hasn't still managed to take back the 33 DMA support. So be cautious on long positions.
Wynn 8-21 dma cross and reopening playWill history repeat on the 8-21 cross for Wynn? Call/put ratios good, Vegas reopening, people traveling again move back to 140+ Coming soon?
SNOW 8/21 DMA cross setting on supply zone -Bullish Snow setting up for a big move here. 8-21 DMA cross just happened on the daily chart. Sitting right on the 233 support level. This one can move fast so if it can see volume it could be explosive. Growth stocks were crushed in March so maybe we see a nice reversal here. Buy some time and looking at 250 calls for later April.
TRONUSD major move imminentTron/USD pair TRXUSD is primed for an advancement in the next leg of its movement.
It has had a major move downwards where it bounced if it's 50 DMA. Since then then, it has moved upwards and it now trading in a symmetrical triangle. This shows buyers and sellers taking profit and entering positions. Furthermore, just like a textbook symmetrical triangle, the trading volume since the triangle formation started has been decreasing. Yet another signal that a major move is imminent.
Additionally, the RSI has reached and stabilised at 45, the same level it reached before it went on a consistent move upwards in yet another indication that a move upwards is imminent.
It's likely the next move will be a breakout as the bounce upwards from the 50 DMA can be taken as the start of a upwards flag. However, cautionary note is that a symmetrical triangle by nature shows indecision in the market, and due to the major move downwards there is a change that the next imminent move is a breakdown.
However, the chart pattern sets up an opportunity for scalping for those with the risk appetite. One option would be to enter at approx 0.044 USD when the price reached the lower boundary of the symmetrical pattern to exit at the top boundary (0.046) with a stop loss at 0.043 for a risk:reward ratio 1:2.
Alternatively, a more risk:reward opportunity would be in case the price breaksdown to the 50 DMA again and to enter at 0.040 and exit at 0.043 - the lower part of the symmetrical triangle - with a stop loss at 0.039 for a ratio of 1:3.
CADJPY Daily S/R| Support Confluence| 200 DMA| Local Resistance Evening traders,
Today’s Analysis – CADJPY – trading at a pivot with strong support, price is likely to trade towards swing high.
Points to consider,
- Trend bullish (S/R Flips)
- Daily S/R Confluence (200 DMA & DEMA)
- Swing high target
- Oscillators neutral
- Volume below average
CADJPY’s immediate trend is establishing S/R Flips which allow for a short term bullish bias on the market.
The current daily S/R is strong support with multiple technical confluences. Price is respecting the 200 DMA & 200 DEMA, with an S/R Flip retest. Price technically has a higher probability of deviating bullish from this pivot.
Swing high is the local target for CADJPY, breaching this level will establish a higher high, continuing the trend.
Both oscillators are neutral; remaining above 50 indicates momentum is still shifted bullish for the immediate term.
The current volume nodes are below average, an influx is likely as price trades at support. This will confirm a true respect of the level as price deviates with increasing volume.
Overall, in my opinion, CADJPY is likely to respect Daily S/R allowing for a valid long. Price action is to be used upon discretion/ management of the trade.
What are your thoughts?
Thank you for following my work!
And remember,
“Focus, patience, wise discernment, non-attachment —the skills you acquire in meditation and the skills you need to thrive in trading are one and the same.”
― Yvan Byeajee
$BTCUSD-Tiger takes a step back before it jumps forward!Hello Everyone!
There is a famous saying that " A Tiger takes a step back before it jumps forward" ,
it seems to be applying on the Bitcoin trend now a days.
As we can see the DMA charts, the 100 DMA line has already crossed 200 DMA line
and also the 20 DMA line is acting as a support to the price .
Also we have drawn a probable DMA line and a Price Trend line .
Which we strongly believe is going to be formed.
We are analysing that price coulld could go upward from the price range
between $9150 - $9200, And could shoot from there.
We also see a positive green cloud forming in the ICHIMOKU CLOUD.
which also leads us to the bullish signal of the BITCOIN.
Lets hope for a rally soon!
If u liked our analysis please dont forget to click the LIKE button, to encourage us.
and also you can share your feedbacks to us.
Thank You
YO CRYPTO!
$ETHUSD- Ethereum Technical Analysis -Forming Upward TrendsHello Everyone!
we are back with another analysis to help you better in your trade strategies.
Today we are going to discuss the analysis of ETHEREUM.
So according to DMA's charts we can clearly see that that a strong upward
trend is forming in ETHUSD.
we have seen in the later last year that the 20 DMA line has been rejected
twice ,
But in the starting of the year 2020 the 20 DMA line has bounced back from
the lower levels and now it has crossed the main points that means it has
succesfully crossed the 50DMA line and 100 DMA line and now it is moving
upward to cross the 200 DMA line.
And apart from the DMA Chart the RSI indicator is also showing a bullishness
And also the LMACD is also showing strong support in the upward trends.
so we can clearly see an UPWARD TREND in ETHEREUM.
Hope you have liked this analysis.
And dont forget to hit LIKE button to encourage us to serve you with more refined and better analysis.
Thank You
YO CRYPTO
$BTCUSD - Bitcoin Technical analysis - Bitcoin is being Bullish!Hello Everyone!
Hope you are liking our analysis so far.
Today DMA's are giving bullish signs again, as DMA 50 has crossed DMA 200 upwards in the charts.
And is giving a strong signal of bitcoin being bullish.
As we have earlier said that " HISTORY REPEATS ITSELF " ,So here we can see that on
25th Oct 2015 it was the first instance when DMA 50 crossed DMA 200 and it rallied to mark the all time high and then on
25th April 2019 it crossed it again and it gave us a huge return.
Lets hope for a bullish rally again.
Also, please do Hit LIKE and FOLLOW button if this idea makes sense to you. Please do your research as well as this is not financial advice!
Thank you very much for all your support and love
Yo Crypto
$BTCUSD - Bitcoin Technical analysis - HISTORY REPEATS ITSELF !Hello Everyone! Hope you are doing well. Wanted to show you something which is very simple yet very interesting.
Let us look at the Daily chart and put Daily Moving averages 50 and 100 and see what chart shows us. These 2 MAs have given us some of the best moves in history and i will explain how:
When 50 DMA (Orange line) crosses 100 DMA (Green line) upwards, it has always made a significant move. Details are as below:
1) 04th Jul'2015 - Bitcoin was at 260$ and it made a high of 316$ on 12th Jul'2015 ( 21% Gain )
2) 22nd Oct'2015 - Bitcoin was at 276$ and it made a high of 19891$ on 17th Dec'2017 ( 7106% Gain )
3) 06th Apr'2019 - Bitcoin was at 5049$ and it made a high of 138686$ on 26th Jun'2019 ( 171% Gain )
and It is happening again - "HISTORY REPEATS ITSELF" - 50DMA is crossing above 100DMA and rate currently is 9330$ (while publishing this idea)
How much higher we are going to go? Please do let me know your thoughts in comments below!
Also, please do Hit LIKE and FOLLOW button if this idea makes sense to you. Please do your research as well as this is not financial advice!
Thank you very much for all your support and love
Yo Crypto
600 Day Moving Average Lurks in the Shadows *READER BEWARE*We've only Crossed below it once, and you Saw what happened then.
*disclaimer* past performance not indicative of future results
BTC Going Up or Down - Watch 200DMA for a Telling SignLast time we broke below then above the 200DMA, it never took out the previous high. We just went above the 200DMA again and didn't take out the previous high. If we break over 11K We will go to a new high for 2019 I believe. If we break back below the 200DMA (Currently support) we probably head back down to the 6000s.
The good, The bad & The ugly 4 small capMy view on IWM is very ambivalent.
The bad - I learned over the years that small cap r leading the way to the big caps.
IWM used to make new highs or lows b4 the spy.
These days we c the spy makes new highs and IWM is way far from any previous highs.
The good- In technical prospective i can identify an inverted head & shoulder Pattern and
a golden cross of 50 & 20 DMA
The ugly- Cant decide whats more meaningful can u?
200 DMA Failure Confirms Bear MarketNow that the indexes have broken out of the last major down channel (drawn in blue), the 200 day moving average (in purple) is the next major resistance. The S&P 500 has failed to hold above the 200 DMA three times since Oct 2018. Holding above the 200 DMA is the real test of being in a bull market or not--bull markets hold over the 200 DMA for extended periods while bear markets are rejected at the 200 DMA. Having another major market turn at the 200 DMA, (especially without having retested Dec lows or even built any significant resistance points on the way up) is going to look very BAD in my opinion. But the market is so over extended now I don't see how it can rally over the 200 day MA and hold.
So the market moves up, whistling bullishly, oblivious to the bear market confirmation it has primed itself for. This rally has been impossible to short, but going long now would be similarly doomed. So short at the next break under the 200 day MA, and watch as the market collapses.
