Morning Technical Newsletter EUR/USDEUR/USD:
Let's check Eur/Usd the most tradable forex pair.
Weekly perspective:
Last week pair moves from the high 1.1815 to the low 1.1570 so in the range of 240 pips. At the and of the week we have formed BEOB candle as strong signals for more bearish trend for this week.
Daily perspective:
As we already said that we have BEOB on weekly chart we also have, BEOB on four days ago on the daily chart, so we have a really strong downside trend. For the next target, we can have a support at 1.1530 (60 pips).
Areas of consideration:
We can look for a short position on the first two resistance mentioned below:
Resistance 1: 1.1620
Resistance 2: 1.1650
For the targets we can use the first two supports mentioned below:
Support 1: 1.1570
Support 2: 1.1530
Today’s data points: German retail sales m/m; FOMC member Bostic speaks; US ISM manufacturing PMI.
Hedgefund
STOCK REVIEW : FRONTKEN CORPORATION BHD (0128)INTRADAY ANALYSIS
Potential buy price above 0.470, on our analysis if they will break the trend line and find the nearest resistance which is R1 (0.510). At this zone (blue), the decision price either to continue bullish break the resistance zone to find another resistance R2 (0.550) or do rejection at this zone. If rejection, you must TP in here.
Analysis from our team, Ghibli & Co. Hedge Fund Capital (Malaysia).
Any inquiries about investment/analysis please contact us ghiblico.my@gmail.com
Is cindicator the most undervalued cryptocoin? I never hear anybody mention this coin in crypto forums and groups. It's a pretty young coin with a small market cap so that's not so strange. Most people don't know this coin yet. I believe this coins has a lot of potential, it's now within top 150 marketcap coins. I see this coin grow to top 50 over time. I'm going to buy the dips, when the second cryptocoin boom comes this coin can make you crazy returns.
High return high risk investment. So invest wisely!
Stock Review : TRC SYNERGY BHDTechnical analysis:
Buy position price above 0.71. Target 0.845 (+15.97%). Stop at 0.65 (-5.63%). Reason : rejection at support area. Possible to boost up the price of share.
Fundamental Analysis:
TRC annual report show that an increase in other investments from RM 28,004,203 to RM 29,193,952 in next year. This is due to increase investment in partnership RM 1,189,749 in year 2016.
Asset turnover 0.93 > 1. Not exceed 1, but still in good prospect. Receivables drop 13.8% from last year it show efficiency on debt collection. Loans drop 75.5% . Payables increase 14.5% not good in payable management.
Acquisition of subsidiary company that have good financial as backup. Last year, increased +72.75% after. the acquisition date.
GPM +0.9%
NPM -0.32%
2017 Dividend RM5.40 very good company performance.
1/100 Trades Journal IdeaHello Traders,
at FxcInvesting tradingview profile we will share 100 our hedge fund trades. The trades will be swing and intraday. We will also make a publish myfxbook account for all this 100 trades. Every time we will publish analysis with stop loss and take profit order.
Trade Idea 1/100
Buy limit: 1.1731
Stop loss: 1.1691
Take profit: 1.1811
Risk reward: 2:1
Risk management: 1%
CFi watch for an ascending triangle break up Good team and great concept. Check it out at www.cofound.it
#2 VOLUME - HEDGE FUND INVESTING TRADEWE SHARE #2 VOLUME HEDGE FUND TRADE. TRADE WITH OWN RISK
WE WILL SHARE #10 OUR HEDGE FUND TRADES IN YEAR 2016 !
LIKE & FOLLOW US AND DON'T MISS HEDGE FUND TRADES!
SOMETIMES YOU WIN SOMETIMES YOU LEARN
Type : Buy Stop
Technical : Daily Pinbar on demand zone with atr more then 300 pips.
Date : 15.6.2016
Time : 12:35 GMT +1
Pair : GBPCAD
Timeframe : DAILY
Trade setup : LONG
Entry at : 1.83419 ( 120 pips left )
Take profit 1 : 1.87436 ( 400 pips )
Take profit 2 : 1.92254 (880 pips )
Take profit 3 : /
Stop loss : 1.80183 ( 320 pips )
Risk reward : TP1 = 1.25, TP2=2.75
Our risk : Retrace entry on PA pattern = 3%
The Definitive Elliott Wave Count For AUDNZD (Daily TF)I do advanced elliott wave analysis for the biggest banks and hedge funds in 3 different countries.
There's a lot of confusion on what a proper elliott wave count is for FX:AUDNZD and I see a lot of people making mistakes here. So here's what the big banks are using and I've written an explanation for each level that I have displayed.
Share this chart with everyone you know who has an interest in AUDUSD, NZDUSD and AUDNZD. This is our view for the coming months.
The main idea is that we want to play a rise up to 1.1910 before 1.2355 (max) in this wave ((4)) correction. This also generally means FX:AUDUSD outperformance vs FX:NZDUSD for this year.
I run my own community training traders to be successful forex traders at The Forex Army.
www.TheForexArmy.com
Short on Aud/Nzd SELL SELL SELL !!!Reaons for
-Firstly we are forming a triangle
-We have just bounced of the trend line with a bearish engulfing
-Also a bearish hammer has been put in place
-We also tested this area a on Thursday and rejected this zone there fore i believe it will do so again
Price action leaves clue in structure :)
If we go to the daily Timeframe we can see
-Lots of long wicks to the upside suggesting more selling pressure
-Price bouncing of trend line acting as Res
This setup aint the best simply because we prefer setups that include breaks of trendlines or triangle formations etc
but it will do as theres not alot going on in the market and lots of news about
altho its a good setup just not as many confluences we would like
our entry 1.07731
Happy trading :)
EURUSD, USDCAD , DXY index Dynamic intraday hedging Dynamic intra day hedging:
Fundamentals and and a lack of
interest in the euro has has it fall
substantially, USDCAD is -95%
corralated to the EURUSD
and we have seen a strong canadian
dollar over the past few d
ays. effectively by creating
two positions one short on
the eurusd and one long in usd
cad with the same lot sizes
we can effectively minimize risk.
we can minimize risk even more
by then adding the two lot sizes
from eurusd and usdcad to
create another positions in the dxy
which then minimizes risk even more
Are ETF Inflows Suggesting Gold Has Room to Move?The GLD has seen inflows increase since the SNB debacle, up 1.57 percent today.
If anything was learned last week when the Swiss National Bank (SNB) unequivocally shocked the markets is, gold is the ultimate central bank hedge. Gold has always been a go to during times of uncertainty, but it is the simplest way to hedge away currency and counter-party risk; and some still believe the the SNB did not live up to their verbal agreement to markets to keep the euro-franc peg alive.
There has been a rapid move into gold-backed ETFs on the back of the SNB move. A total of 843,000 ounces of gold were added to these funds, as inflows increased 1.68 percent on Thursday and Friday of last week. This was the largest inflow since 2011, following the SNB’s decision to peg the franc to the euro (see the original ZeroHedge article here). The largest gold-backed ETF, iShares Gold Trust (GLD), is up over 1.5 percent today.
This could be an important factor in the long-term outlook for gold. Gold-backed ETFs are largely, if not almost exclusively, held by hedge funds and large speculators (whereas silver ETFs are popular with retail investors). The “smart” money could help the yellow metal push higher in order to hedge volatility and risk.
The GLD is getting extended on the daily merely on the price activity. However, like spot gold, it is far from overbought on longer-term charts. Look for traders to digest the move before continuing higher. The ADX momentum indicator is signalling a strong price trend. Look for GLD to target $126.50 before budding up against a near-term downtrend line.
The GLD was down 37 percent from its 2012 high of $172, but is up almost 15 percent since hitting the low of $114. This could be an import inflection point for GLD.
bullion.directory