GBPCHF - Bullish ViewIn this weekly analysis about GBPCHF, I will share a simple strategy but yet powerful enough to give all of you decent profits. First before explaining further, you all should know that trading is a game of information. And a game always related to a probability. Meaning every party involved in the game can not make sure that they know for sure what will happen in market. Everything analysis made will give you what probability higher than others to happen. Like if you walk out of your house and want to go to do shopping. You know what route you will take to deliver you to your favorite market place. You also know what vehicles you should take to make your journey more comfortable and faster for example. You also know how much money you should take to do your shopping, and what things you should buy. But do you know what will happen to you during the journey to the destination of market place you want?
Perhaps, you will get stuck in a traffic jams or you will find difficulty to get place to park your car or you will find annoying people or meet people you do not want to meet or bla bla bla.... There are so much probability you will have. This world like that and including the trading itself. So, you have to realize this , if not you will get to the wrong purpose to find a precision trading system that you will never find in this world.
Back to the GBPCHF, after breaking out 1.22866, this pair undergo a very well non volatile bullish trend and then this trend changes. Now market is "pausing" and take breath.
Forming a box range correction. So, the trading strategy in this kind of correction obviously difference than the last. So, what should you do?
First, you can wait until this correction finished by seeing market breakout the last resistance (1.29660) and jump to market after that (scenario 2)
Second, you can trade carefully inside this correction structure as a buyer. Meaning, you wait patiently on support and find a chance to buy on it if market near or at this support. And then riding the upward movement after that (scenario 1). The target already shown in the chart.
Okay, good luck then.
Investmentidea
ETN seems to be under valued to us this Asset seems to be very under valued and it has good chance to have some serious growth
unfortunately at the current moment we may not be able to trade or invest on its Derivatives as no exchange has listed it on the F&O sections but we can invest on the Asset itself as it has some good opportunity to grow in some times
we can presume to have semiannually horizons or even longer term investment opportunities
we had currently specified two targets to capitalize on it
Copper Absolute analysis 02/02/2021we can see the copper in the monthly time frame that it has broken the triangle and is showing some bullish movement in the future
we may face some small downtrend but on the general trend we can be more bullish on this commodity
we have specified some levels of supply and demand where we can capitalize on
this analysis can be very useful for the swing traders and long term positional traders
$CCIV and $THBR is long term$CCIV Michael Klein (Former Co-CEO of Citigroup Markets and Banking)...Merger: Lucid
$THBR Indie semi-conductor works with $TSLA and $AAPL (VW running low on semi-conductors, car manufacture EVs) Apple Partnership DA 12/15/2020
ANKRBTC (Ankr) – Coin of the WeekThis week’s coin is Ankr. Ankr is trying to build a very efficient blockchain framework that enables distributed cloud computing and provide user friendly business applications.
It’s price today is 0,00000037 BTC with a 24-hour trading volume close to $41 millions. Technically we expect a continuation of the uptrend that started in late January 2020 and had a high of 0,00000156 BTC in August.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
IBULHSGFIN | India Bull Housing Finance | InvestmentIndia Bull Housing Finance seems to be forming a Bullish flag so far recently.
Breakout of this channel with volume of at least 250M would confirm it.
Targets :
Short term = 400 - 420+
Medium term = 600 - 900+
Long term = 1400+
BUY $WBA - NRPicks Nov 29Walgreens Boots Alliance opera cerca de 19,000 ubicaciones en 50 estados y 25 países. El posicionamiento defensivo central es principalmente alrededor de la farmacia que se ubica en lugares de alto tráfico. Actualmente, la empresa tiene la mayor cuota de mercado de farmacias minoristas (alrededor del 20%, sin incluir el correo), lo que proporciona importantes ventajas de costes y escala.
La compañía tuvo un retroceso de 16% después que el 17 de noviembre Amazon lanzó su nueva linea de Amazon Pharmacy, la cual podría ser una competencia potente y directa, sin embargo, creemos que la Walgreens ha sido sobre afectada con la noticia.
Uno de los puntos a favor de la compañía es el crecimiento en el rendimiento de dividendos que entregan, además, no se ha podido ver una recuperación importante en el precio de la acción en relación con el precio Pre-covid19 lo cual la hace atractiva.
TNPL - Mid term & Long Term viewHello sir's
Technical View
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Hope you all doing great, Lots of our subscribers ask me to make some videos on some Investment Picks. Making videos on every pick is not Possible but it's easy to share. In this idea as you can see I have posted 2 charts. 1st in the month and second is weekly. In the month I had tried to show you a longer time frame trend which is negative but when you switch the chart in daily and weekly time frame you will get a different picture. the stock has momentum in the daily and weekly time frame. The share has strong support at 98. you can add here above 115 should be good to go with 122/128 target in short term SL is 98. Our Harmonic PRZ will be activated above 132. Stock will be blasted and direct on the moon if 132breaks.
Fundamental view
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TNPL is the second-largest player in the domestic WPP segment, with an installed capacity of 400,000 tonnes per annum (TPA). Despite intense competition, the company has sustained its strong market position backed by its established brand, diversified product portfolio, and customer base, robust distribution network, and regular capacity expansions Strong dividend player at the CMP 112 dividend rate is around 6% of the CMP although it was down as compared to the previous year and it was around INR 7.5 per share. Borrowing cost is also declining on QoQ.
The best chart that investor and trader need to know in CardanoHello guys, in this special analysis that I make for you it's to understand. So, I still with my strategy that always I use to know the trend. And I believe that marking the blue zone = monthly timeframe, red zone= weekly timeframe it
s the best for me. Just that I make a little change inthe colors, it's the same but other blues and red to make easy and more modern my technical analysis.
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Announcement:
At the moment guys, as announcing I am moving my capital to move out another broker. I don't like Phemex in fact that we would need to take part of the money to convert in USD to trade altcoins and that I don't like it. So, the broker that I will going just to trade cryptocurrency it's Quantfury. Look, Quantury offer this cryptocurrency to trade it:
1. Bitcoin/ Tether
2. Ethereum/Tether
3. Ripple/Tether
4. Cardano/Tether
5. Chainlink/Tether
6. Litecoin/Tether
7. Dash/Tether
8. NEO/Tether
9. Tezos/Tether
So, there another coins as IOTA, Ethereum Classic, but I don't like this proyect as another QTUM, and others digital coins that they're offer. So, Bitcoin Cash it's not listed on it, but I contact with Quantfury team to add Bitcoin Cash/Tether to trade it as the number 10 to have left.
And also, this is my favorite app that i prove it to trade crytpocurrency, you can deposit Bitcoin, Ethereum, Litecoin, Tether and Dash into this platform to trade and all earns as loss it's accredited depeding on what crypto yo choose as deposit method that I mentioned previously. Also, Quantfury offer Gold, Silver, Palladium, Platinum, Oil to trade commodities, you can to trade stocks marketk, indices and Forex. But at the moment, I just choose Quantfury to trade cryptos only. Quantfury it's an excellent crypto broker that you can to trade whole financial markets. But, I like to trade as international markets and also, trade crytpos as the best opportunity of the century.
And my another announcing it's that to trade whole financial markets as Indices, Forex and Commodities, I am to find up a broker to deposit for US Dollar, I know that there's a lot broker to deposit USD to trade whole financial markets. But more later, I will going to update and choose my par to trade it.
So, at the moment, I do not trae Forex, commodities and indices until I find up a broker because I'm so selective and I move out the reason that I can't to count the US Dollar in fact that I was in Prime XBT, but I dont like to trade Forex using Bitcoin as method deposit, I like to trade crypto using cryptos funds. But for that reason, I choose another broker to find up. But yes, I choose Quantfury to trade cryptocurrency and it's he perfect place to trade the popular cryptos than any crypto broker that I knowed.
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So, talking about of Cardano, we see in weekly that Cardano it's leading toward the bullish sentiment, so compare the latest movement, Cardano grow up 820% from the $0.01 USD cents toward the $0.16 USD, now, Cardano make a stop around of $0.07 cents and we see that Cardano make an accumulation zone to continue bought. Guys, it's very important to know the market cycle, Cardano it's into this accumulation and the next weeks we hope a Cardano so strongest bullish toward the $0.68 cents.
In Daily we broke up this ascendent triangle of chartist pattern of accumulation. That's it's a bullish signal!!!
And finally, I see a strongest expetative that Cardano it's so bullish, I can to predict a far away time taht Cardano it's so invevitable bullish and this techology could be to resolve. For that reaso gusy, I have my own 3 targets, in case that Cardano make a grow up inimaginary that pass above of $100 USD in the future, inevitability we would need to still holding Cardano and well, find up more targets to still alert on $200, $300, $500 or why not $1,000 USD. Remembert that I use the elliot wave analysis and this could be my own preiction, but remember that my 3 targets will be $10, $50 and $100 (maximum). So guys, if you do not buy Cardano, the momet to buy Cardano it's right now and don't missing Cardano as the best investment of this decade.
In summary, Cardano it's my top #2 to invest in this altcoin. I know that Ethereum it's up, but I like Cardano as my first altcoin to invest, but the second cryptocurrency to invest after of Bitcoin. So, today I buy 10,000 ADA to hold in my Quantfury app for contract trading deposit $1,100 USD in BTC. So, I have 120 NEO and 10,000 ADA in my Quantfury App.
Bulletproof Dollar Cost Averaging Investing Explained.Dollar cost averaging.
You probably heard about this strategy, but what does it mean in practice?
And which type of dollar cost averaging strategy is the best?
In practice it means buying Bitcoin, stocks, commodity and so on every week or month at the monday, sunday, at the start of the month or at the end, not caring about the price.
You can also choose one random day in a month , when you make your purchase, more about that maybe in another Idea.
An example of dollar cost averaging can be found below backtests.
In this test I've compared buying Bitcoin at
- weekly opens (Monday open) eg. 06 Jan 2020
Average buy price in 2020 - $9,255
- weekly closes (Sunday Close) eg. 12 Jan 2020
Average buy price in 2020 - $9,361
So buying at the weekly close or at weekly open are both a good idea, but buying at open each week has a bigger return of investment than buying on close by 2%.
- monthly opens (First day in the month) eg. 01 Jan 2020
Average buy price in 2020 - $9,245
- monthly closes (Last day in the month) eg. 31 Jan 2020
Average buy price in 2020 - $9,827
Here we can see a bigger difference , while buying Bitcoin at open would gave you average price per BTC of $9,245, Buying at close would make your average buy $600 more expensive, 8% smaller yield.
To see if this trend also occurs in the last year, I've calculated also a year 2019 with monthly values.
It turns out, buying on open is here cheaper again, while buying Open would give an average of $7,022.
Buying at close would make average buy of $7,287, small difference but very noticeable in long term.
Example I.
I am starting to buy Bitcoin for 15% of my gross monthly income (let's say 500$ ) from first january at weekly open starting from 01 January until today .
How much would I have today?
Average buying price - $9,255
Current Bitcoin price - $13,180
Yield - 13180/9255 = 1,424 = 42,4%
Deposits - 42 per $500 = $21,000 in past value
Value = 21000 x 1,424= $29,904 in current value
Buying this year at open would give a very slight 0,1% increase in yield, so both buying at weekly open or monthly open is a good idea, maybe another time I can cover some random days in a month!
This strategy also works for stocks, commodities and etc.
IF you like my explanation, let me know by hitting that agree button or support me by some nice comment!
Cheers,
Tibor.