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IOTA: IOTUSD Continue to Use Dynamic Stops hereIOTA Update Dynamic Stops Another rally attempt cut in the bud. We went long here on break above 3311. Because we're using dynamic stops under the little trend line that supported the rally we exited the long at 3720 for a 12% win on a bad day again. Once again the majority of the gain was trapped in and left you free to buy again at the original price, bang on 33117 again...lucky, perfect you. Now sling a support line under this run and use it as a dynamic stop for this new long. Now you're cooking.
BITFINEX:IOTUSDLong
by sumastardon
2
Ride the GBP Britain has been doing terrible since it's issued article 50 of the Lisbon Treaty for it to leave the European Union, from there the country has been unstable economically, but the banks were preserved with this information and that caused the GBP to recover for a bit, on Thursday we've had fundamentals released by the bank of England which confirmed Britain has lost investments and not only that, but people are very wary of investing in the UK. Since investments and interests rates are the backbones of the Forex market, and news being negative and a heavy drop on the GBP we can determine from this that the GBP is looking to drop back to the Brexit levels, but as we know the market always trends in swings forming those LL's and LH's in a downtrend, the market has formed the first leg of LL, next up it's forming that LH at the 50% Fibbo retracement as we can determine from previous price levels on GBP/USD.
Short
by Abdul_Light
Still loven' LUVFinally made it over trend resistance and into what I hope is a new bull session. The technicals aren't perfect, but history doesn't care. Still up in all time highs with more room to grow, if patterns stick I'll have more option money in June. I think it's possible we could drop back into the previous zone, the volume is not yet there and I'm interested in what Friday may hold before going full throttle. I'd also recommend generally ignoring the latest news on Southwests' Advertising faux pas p.pw , definitely doesn't look great, I don't think it'll really effect share price. Id addition, The Street analysts are generally bullish; "The stock currently has a dividend yield of 0.93%. The company has a P/E ratio of 21.7. Currently, there are 9 analysts who rate Southwest Airlines a buy, 2 analysts rate it a sell, and 2 rate it a hold." p.pw Set your stops and hope for a Redbull (punny!). - - - - - All opinions expressed by Emuffn3 on this website are solely Emuffn3’s opinions and do not reflect the opinions of TradingView, or their affiliates. You should not treat any opinion expressed by Emuffn3 as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Emuffn3’s opinions are based upon information he considers reliable, but neither TradingView nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Emuffn3 is not under any obligation to update or correct any information provided on this website. Emuffn3’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Emuffn3 nor TradingView guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information on this website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. Cheers!~ & Happy Trading!
NYSE:LUVLong
by Emuffn3