Fundamentally Setup Markets For This WeekI have identified the following markets are "set-up" for moves of some significance.
This video goes into the fundamental reasons for these trade ideas.
NOTE: I am not looking to go long/short these markets immediately. I will wait for a change in trend on the Daily to get involved with these markets. The tools used to identify these trade setups are not timing tools. The tools do give us an idea of how market participants with significant size and intelligence (commercials) are positioning themselves. The tools also give us an idea of sentiment, valuation, seasonality, and also an idea of what the (usually wrong) public/small traders are doing.
LONGS:
HEATING OIL (HO)
GASOLINE (RBOB)
MEXICAN PESO (6M)
SOYBEANS (ZS)
COTTON (CT)
SUGAR (SB)
SHORTS:
EURO CURRENY (6E)
JAPANESE YEN (6J)
SWISS FRANC (6S)
GOLD (GC)
30 YEAR TREASURIES (ZB)
Good Luck & Good Trading.
HO
Macro Oil Blueprints: Energy Schematics This chart consists of USOIL, Heating Oil, Gasoline, Natural Gas, Palm Oil, and Rubber futures.
Every one is tailored to a Fibonacci Layout. There are two sets of extensions. They interlap and work together. One must look for the support and resistance to verify its authenticity.
BRCHF can hang with the coinBRCHF can hang with the coin.
Why else would it be my top pick. Who are the Big Explosive Big Dawgs. Watch And Learn. But there all falling like rocks. Not to add to a more shaken market but it is what it is. So what should you do. See these top ten right here? These are your best bets it has been a down market for most of the year so far. But when it returns in the fall be ready and have some nice icing on the ten layer cakes. Oh Wait Where is btc don`t worry it will be back up in these ranks real soon I promise.
Heating Oil Warming UpThe Energy complex currently has mixed signals.
However, the New York Heating Oil contract appears to be setting up for a bull run.
With the Minor Pivot Stack providing support, the price looks like it is readying for a move up.
Go long if the price breaks above 1.9065 and place a stop loss at 1.8660.
With a profit target at 2.0545, this makes for a good risk reward trade.
Trade the March 2019 contract, symbol HOH2019, on the ICE Futures exchange with any NFA registered U.S. futures broker, both regulated by the U.S. Commodity Futures Trading Commission.
HEATING OIL HO 15MIN: 15min original supply zone shorting opprt.TOP-DOWN ANALYSIS
H4: We have started to turn back from h4 supply zone
H1: if 09 hour can manage to be closed lower than 1.4805 line, H1 will have been created too
15MIN: There is an original 15min supply zone inside of a potential h1 supply
TP1: 1:1 R:R
TP2: Trail till just before H4 Support
TP3: Trail till daily demand zone
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