Multi
FORECAST USDJPYShort, Entry point at red trendline break.
Stop: 1 pip over the previous relative max.
Targets:
- 102.8 first target
- 102.27 sec. target
www.fxstreet.com
The Case for a Multi-Year Bull Market ContinuationWas the last 17 months a breakout consolidation with a new multi-year Bull Market to follow? The DJI chart examines the previous multi-year Bear Markets with initial breakout consolidation and ensuing Bull Markets. Similar market structure is now in place for the Bull Market to continue. Time will give us the answer.
Contrast Weekly vs Daily Timeframe OBV and RSI indicate a possible bounce to the upside. Keep eye on intraday for continuation downward or break to the upside. If you wanna play both sides a straddle or strangle option strategy two or three months out might be ideal. For a one sided trade check OTM (out-the-money) contracts and the Vol in the options contracts relative to the strike price before purchase - 220 and 125 or 200 and 140 strike price might be ideal. Also don't wait to long to purchases options contract, because as directional price movement becomes more apparent and as Implied Volatility creeps up the more expensive the options become.
A Healthy Dose of Doom and GloomKeep away from sidewalks under windows.
MACD:
RSI:
Will the monster eat you too?
Additional Time Frame overlay
Different time frames can be selected via controls
study("Add TimeFrame", shorttitle="TF Layer", overlay=true)
res = input("240", type=resolution)
o = security(tickerid, res, open)
h = security(tickerid, res, high)
l = security(tickerid, res, low)
c = security(tickerid, res, close)
col = c >= o ? lime : red
plotcandle(o,h,l,c, color=col)
pennies to thousands gold and silver mining candidatebreaking out of narrow base see our chart patterns in our book same name on amazon
percent r and cci good
money flow strong
above weekly cloud
daily cloud rising
pennies to thousands solar candidateon hourly coming out of cloud
money flow excellent see our book on price and volume rules
macd crossing
watch for exit at daily cloud see our exit strategy in our book have 40 years of trading experience
pennies to thousands oil and gas candidatemacd crossing get our book to know when to cut small losses and let winners run after you take your money off table
relative strength strong above cloud
cci and percent r upper range see why that is important in our book
we are looking for multi baggers
pennies to thousands consumer candidatecandlestick has long wick wait for good candle to enter last time ran 3 days
read our book on amazon on entry and stop loss points
bollinger bands widening
mad strong
relative strength strong
watch money flow
pennies to thousands silver mining candidatemoney flow rising -waiting for opening confirmation bar
get our book on amazon for entry and exit rules with stop loss parameters
j hook pattern
relative strength good
macd crossed
cci and percent r in upper ranges
good pattern
above weekly cloud
pennies to thousands coming out of cloud biotechcoming out of daily cloud
above weekly cloud
get our book on amazon about the importance of clouds
macd crossed
money flow strong
relative strength good
cci and percent r good
coverage initiated by fbr capital
pennies to thousands long on weak dayvolume good
macd crossed
cci and percent r good band
money flow good
relative strength good
pennies to thousands candidateran big last time
above cloud
j hook see our book on patterns
cmf strong
cci and percent r
macd crossing
cci strong
brazil gold and uranium long term playprobably pull back to cloud then take off
get our book on playing fib pullbacks on amazon
management owns 25 percent
no debt lots of cash
projects in safe areas
