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GBPUSD Idea Hidden by TradingView since May 8th 2017After this idea was hidden by Tradingview for adding YouTube channel, I was very angry with them so I decided to move out of here. But I re-post this idea because it did exactly what I anticipated since May 8th 2017. Non of these movement are coincidence. What to expect now? If you see my twitter you will see where I sold and expected for this pair, meanwhile 1.2960 seems to be a good target and level to buy. Stay Tune. Follow my links to know more about. Cheers!!
by wildcreamlife
Pound (GBPUSD) May 2017 OverviewThe GBP was heavily influenced by Theresa May’s announcement of a British snap election in June. The aim of the election is to strengthen May’s hand ahead of the “Brexit” negotiation, but the latest polls show that her party’s advantage over the Labour opposition is shrinking. The market could be disappointed if there is no much change in UK’s position regarding a softer “Brexit” deal, which is likely to happen. Despite longer term valuation models like the purchasing power parity (PPP) suggest that the British pound is currently undervalued by some 700 pips, Sterling could depreciate even further in the aftermath of the UK snap election. We are expecting the Pound to move lower towards 1.25 area.
by KarYong
Break Out turning into another Pump Similar to October 2015This is a self-explanatory chart. Assuming that we continue to pump similary to the pump from the early $200s to $500. It is pertinent to note that the consolidation phase has been extremely similar to now. Current final target for this fractal is: $720-680 I am here to help. Feel free to ask me questions or Private Message me directly. Also follow me on Twitter: crd.ht Where can I register and buy/sell/trade Bitcoin? Bitfinex Signup: www.bitfinex.com (Accepts Worldwide users) Okcoin Signup: www.okcoin.com (Accepts Worldwide users except US residents) SimpleFX Signup: simplefx.com (Accepts Worldwide users) Coinbase Signup: www.coinbase.com (Accepts US Residents Only) BitMEX Signup: www.bitmex.com You can support me by joining under my referral any of the above Bitcoin exchange. If you join Bitfinex under my referral, Bitfinex will give you a 10% discount on your trading fees the first month!
BITFINEX:BTCUSDLong
by BitcoinGuru
Nasdaq Top in May: Head&Shoulders, Halloween and other biasBit far fetched, but many indicators come into one play of forming a top in May. Point by point 1) After edging up on the sale support as before after making a new high, Nasdaq composite gives room for a head and shoulders formation. Top would be in May if this holds true. 2) RSI, Stoch and MACDcan all be traced with following the patterns to top in may should all go up from now. 3) Halloween Indicator or sell in May and go Away - Since the Dow Jones Industrial Average was created in 1896, the market has produced a 5.2% annualized return during the winter months and 1.7% in the summer. With the 2 points above this would fit the bias that has actually materialized many times. 4) How you start a year, is how it will end up. January was not the best month, and some are already biased that 2014 will be shaky. 5) With this it is a mid election year like 2011, so people may give room for a similar dive as in 2011. In 2011 it also had a possible head and shoulders, from top of the head to neckline 10%, then another 10% down from the neckline. Totaling ~20% and also in summer. Although some say that the outlook is better for the S&P 500, other suppose that a round of new highs for that index combined with a stall by the Nasdaq and the Russell would make for a “bearish divergence,” pointing to a pullback or consolidation in the near-term. We have already seen a 10% pull back from the 4400 area, meaning should the top materialize in may, and scare traders to follow the head and shoulders, should it be not canceled it will take it down 10% more in summer. And given the run-up in 2013, investors are more cautious in 2014. No one wants to see a crash, but many are even waiting for a correction to get in. With many indicators forming ground for a pullback, bears may take advantage, while bulls will take profits early. Maybe even before may.
NASDAQ:IXICShort
by A-shot
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