Long position for SBD BTC [Steem Dollars] ~ [48% profit]There is a possibility for having same pattern like in history of SBD. Currently it is right time to buy at Fibo level 0.382 . But put your stop loss at 0.236 Fibonacci level. If the price of SBD take a surge it will go for the last high point . You can take profit at 0.786 fibonacci level which would be pretty safe . If you want to hold then its upon your choice.
Dollars
DGB/BTC possible price raiseThere is not much to describe. DGB is an excellent coin; it's cheap at the moment in BITTREX:DGBBTC , with enormous potential. Maybe at the 31th of december (DGB Foundation) it prices blows up, or maybe we will see it raise in 2018, but it will raise for sure .
There is a symmetric triangle formed, which indicate us a possible raise, because DGB is on a bull trend. I have set 2 targets, according to some very strong resistances this coin has. I dont have so many faith in the second target, but it's possible. I hope this increase in the price happens in the next two weeks from now (30/12/17).
Good luck on your invests . Like if you agree!
THE FUTURE OF US DOLLARS -NO THEORY US DOLLAR NEWS-TradingViewIt is so easy to come up with profligacy or a bogus theories of what triggers dollars up moves : Hurricane Harvey = equals compassion, N. Korea's missiles launching gimmicks = weakness... oil plants evacuations influence = equals oil down - dollar up, Arabs on Holiday = equals oil weakness etc BUT! I wont discuss any theory to back up my chart - my apologies! I am giving you an assignment to figure out my chart, and if you trade it? you will thank me later.
Enjoy!
NZDUSD daily chart 0.7280 short for a swing/long timeA daily chart setup for a short swing/long trade.= enter at 0.7280 ( if you are not in the trade so calcul your RR for see if you can enter in)
SL between 0.73200 and 0.73550 at the end my target is the cluster around 0.7070 between daily uptrend line and h4 downtrend line that he broke up the 21july .
Dollars it seem to regain Power with hawkish Fomc and Yellen and its normal
Last data like trade balance are soft or bad
I dont thing RBNZ will Hike rate this year and i dont think will have a big bullish speech
Trade will be cancelled only if RBNZ hike rate by surprise or a suprise bullish speech
Also i am short wih AUDUSD for many reasons
also we have SL and our RR is not BAD
A view of dxy H4 breakout confirmed ?i think the break out is confirmed on the DXY
because he brak out the long tie tdowntrenline since almosst high 2016 then after technically he do the pullback on this t-line and bounce on sharply.
so we can say for short and middle time the dollars is back in da place
first target easy at 94.05
me i entry on since friday and i have a traling stop now.
he can go more up than 94.05 but this will dependt on ISM,PMi and nonfarm payroll this week
so the Yellen-Fomc speech start to do them effect
AUD/USD breaks to downsideThe Australian Dollar has broken out of the short term triangle pattern to the downside against the US Dollar. Due to that reason a full review of the situation on the pair’s charts has been done.
First of all it can be noted that the breakout to the downside could have been forecasted by examining the large scale situation and identifying a large scale ascending channel pattern. It is expected that a new medium term decline is about to occur. The next target for the pair would be the support cluster near the 0.7880 mark. However, before it will be reached the currency pair will face the various support levels below it.
AUDUSDNow in Zone if it break the trend than it will go Higher High
Expected 0.76500 if trend Break up side.
WTI Longs get in!!WTI looking good for a high probability trade.
Look for lower time frame confirmation (Double Bottoms/Pinbars/Inverse H&S) for entry.
A daily candle close above the 200MA will be great confirmation to ride this to the previous structure high of 52.73.
Let me know what you think.
Goodluck
Dollar Index Bullish SetupThe dollar index made a nice bounce back up from the lower green range. The Stoch Rsi indicator shows a possible bullish crossover and the Adx indicator shows a very weak bearish trend meaning that its more then likely the bulls will take over.
Because of this I see the dollar gaining some strenght this week and the dollar index attacking and breaking 100. It's most likely that this will be fueled alot by the Usd gaininst most of its strenght against the Cad and Jpy (see my Jpy chart).
If you're less bullish than I am on the Dollar then you should wait till the lower range breaks (around 99.40) and then sell the Usd
4h Timeframe + Monero + Swing = Profit.No need to explain, its just one of scenario possible in this coin.
Entry: 0.0128 Margin Long
Exit: 0.0148 then Shorting.
EURUSD: Harmoinc Pattern for LongAfter the ECB conference, the EURUSD pair dropped after reaching last week gap. I am looking for more upside unless price pass previous lows.
Silver is playing within triangle I think the silver is trading within triangle as wave iv and completed three legs and still D (down) and E (up). My strategy here is to sell silver and my target is prices near $18.8 then wait to complete wave E and again enter short position. if scenario is failed if price exceed A.
DXY OR $USD$USD is long and probably one can hold for few years if the dark green line doesn't breach. And sell when the historical red resistance line hits.
USDJPY: LONG UPDATE - RENEWED JPY FISCAL STIMULUS SPECULATION?I posted earlier with my 107 USDJPY breakout trade (see attached post) - one of the reasons I said to long USDJPY on the 107 break-out was due to JPY Govt stimulus speculation.
In the last few hours we have seen fresh speculation of the JPY stimulus, with JPY20trn now being discussed/ proposed to be on the table - this renewed rhetoric is nothing but positive for the 107 breakout long trade i posted a few hours ago and supports it as YEN20trn is approximately $200bn, which is certainly enough new liquidity to give confidence to markets and spur risk markets onto fresh highs - further this JPY Govt stimulus is speculated to be combined WITH BOJ easing, so markets get a compounded risk rally since there are two potential drivers (BOJ cut rates by 10-20bps + add to maturity/ purchases of JGB and EFT).
Plus today after seeing the RBNZ's dovish economic assessment (where an Aug cut is almost 100%), this gives risk markets even more fuel thus encouraging $yen to trade to the 109-111 levels i expect - though BOE K. Forbes hawkish comments negate some of this.
The new JPY Fiscal stimulus speculation:
1. JAPANESE GOVERNMENT CONSIDERING 20 TRILLION YEN STIMULUS PACKAGE SAYS KYODO - "The government initially envisaged compiling a stimulus package of somewhat more than 10 trillion yen . But the size is likely to double as the package will now include projects for fiscal 2017 and beyond and increase "zaito" low-interest government loans by 6 trillion yen," Kyodo reports.
2. "The government initially envisaged compiling a stimulus package of somewhat more than 10 trillion yen . But the size is likely to double as the package will now include projects for fiscal 2017 and beyond and increase "zaito" low-interest government loans by 6 trillion yen," Kyodo reports.
3. "The stimulus could be even larger, they report. And able will look for the rubber stamp from the Cabinet in early August. About half will be earmarked for infrastructure."
Trading strategy going forward:
1. Trading strategy remains the same from the 107 breakout post that i made earlier e.g. 109TP1, 111TP2 - all that has changed from the post before is that the strategy has been reaffirmed/ strengthened upon this renewed JPY stimulus speculation , given this was one of the drivers i cited to move USDJPY to the 109 then 111 level once the 107 confirmation level was broken.
- In early asia trading, as yesterday, net risk sentment remains stable with safe havens gold, yen and bonds down as well as risk, though risk down slightly less. For the day, I expect risk-on sentiment to win as Thursday historically is the best day for stocks (before going into the friday end of week sell-off) + post market Wednesday some large firms posted outperforming earnings which should continue helping the risk appetite move higher (Intel + Morgan stanley beating EPS and revenue forecasts) when the main LDN and NY sessions get underway down the line.
*Check the "USDJPY: BUY THE BREAKOUT" post attached for more details on the trade discussed above posted 7 hours ago*
Analysis of GBPUSD in 1 hour timeframe with Ichimoku.Ichimoku 1 hour chart for GBPUSD : The LS is in the cloud and price crossed the cloud while downtrend through a thin part of the cloud, and now price is under the TS. Will LS encounter a resistance of the SSA line of the cloud => That would induce a bouncing of the price on the TS and confirm a bearish trend. If not = If LS can get over the SSA line of the cloud then if the price cuts the TS while going up then that would be confirmation of a, even for a short period of time, at least slight bullish trend.
