$AZN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $AZN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
Neutral
(GBPUSD) Thu, 17 November 2022 SetupOANDA:GBPUSD
GBPUSD Neutral bias.
Status: Waiting for confirmation
What do I see?
- Traders are waiting for Building Permits Prel and Housing Starts Report. As the market is aspected to go sideways, both of those reports could impact significantly our next decision regarding the direction of the market.
- The market is biased both ways, creating a liquidity pool.
What I would do?
- Wait for Building Permits Prel and Housing Starts Report.
Happy Trading! Good luck!
$VRSK with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $VRSK after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.
UK 100 remains range bound in larger perspectiveAll those who love to trade UK100 need to see the range bound activity of index between 6700 to 7700. For a very long period of time it has been moving with in 1000 points range and this could be the signal of any big move in coming period if it moves in any direction with big volumes .
But until unless it doesn't clear out this area best strategy to trade is buy at 6700 and sell at 7700 and wait for major breakout .
(GBPUSD) Tues, 15 November 2022 SetupOANDA:GBPUSD
GBPUSD Neutral Bias
Reason:
- Waiting for the PPI MoM report
Potential Scenario for Tuesday, 15 November 2022:
- If PPI MoM gives a bullish sentiment, we will seek to buy. vice versa.
Yesterday's review:
- As I conclude the market potential would go sideways, and it did; as the scenario reflected. I would wait for the PPI MoM report to confirm the market movement. I'll share my perspective soon after the PPI MoM report is released.
Happy Trading! Good luck!
GOLD IDEA IN THE MEDIUM TERMHi Traders,
I just took my time to look at my gold chart in much details strictly on the daily and I found out Gold may be retesting the 1790 -1802 zone with a possibility of extension to 1808 zone. hence the reason for SL above that Zone.
If you look very closely, you will see that price is currently trading within the yellow zone after the rejection of the 50% fib, which might just be a retracement to the 38.2% fib ZONE where price took off 3 trading days ago after breaking the 50EMA to test the most recent BEARISH ORDER BLOCK. That same order block is currently being rejected and the inability for price to break above it may mean that gold would have to fill the imbalance created on the congress election day and take price back to the 1675-1684 zone before a major bullish run towards the 1790 -1802 zone.
It is however important to know that the W-Patter formation is yet to be confirmed and that needs to be confirm before getting to the 1680 zone for the next bullish run, however, this may have been confirmed already in lower time frame and may have made the pattern valid.
All I see is the need for patience and getting confirmations right before getting into a trade.
I would like to see the imbalance correction before any bullish run, otherwise, it may be dangerous to get into a buy trade at the moment.
Trade with care and proper risk management.
Enjoy the rest of the trading days of the week.
(GBPUSD) Mon, 14 November 2022 Setup 3OANDA:GBPUSD
GBPUSD Long bias.
Status: Closed Position
What I see?
It seems that the market would go sideways as the volatility is low or it gonna go down hitting the next support level. The bull is pretty much weak right now, so best to wait for the market.
What I would do?
- I'll wait and see how the market goes, because the market will probably go sideways, I'll trade base on the given range (1.16199 - 1.18795).
- I'll do an entry on the next support level (1.16199 - 1.16403), but if it won't hit, I'll wait how the PPI MoM goes.
Key point:
- Best is to wait.
Happy Trading! Goodluck!
$HMC with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $HMC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
$RCI with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $RCI after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
$PKI with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $PKI after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 40%.
$AKAM with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $AKAM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 87.5%.
2X EC 1D Tech. Analysis!eurchf is consolidating and ranging as of now we are waiting om a clear breakout to either side because the buy could mean revrsal and the sell could continue the long term trend! I think this is a bull trap and just an aggresive pulllback!
$COP with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $COP after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Back to neutral, with a tighter squeeze now.I am still waiting for another long position since March when we were at 47.5k!
We are back in the neutral zone yet again with the bands constricting tighter around the center. The red resistance band up top is crashing down, while the support zone below DOUBLE bands. The support is looking stronger, and I am leaning towards long here, but not yet.
We are entering November, December which is usually Bear months. I still need more confirmation that the current price can push towards the resistance.
$ABBV with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $ABBV after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
$CMCSA with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CMCSA after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 53.85%.
Doge - A game of dogs and birdsSince Elon Musk took over twitter this thing pumped nicely. Every day there are more developments in the news about the future of this coin. What makes it tricky is the tweets from the "Chief Bird" have great impact on price movements. God forbid he posts a picture of a different breed. Otherwise high probability of more upside after the price established a new higher low.
$LHX with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $LHX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
$CMG with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CMG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 42.86%.
$KO with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $KO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%.
$NVS with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NVS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
$SAP with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $SAP after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
$TXN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TXN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 62.5%.
