Newstrading
A Spy Movie in the making just might pump this stockIf you haven't heard the news of form CEO of Overstock stepping down because he's blowing the whistle on deep state operatives who were attempting to blackmail Hilary Clinton, Rubio, Cruz and Trump during 2016 Election. I see dump maybe being from a panicked insider, but other than that the chart looks healthy and is bouncing back nicely. There could be more upside in that the company is gonna get a lot of free press probably for several months as indictments of these bad actors start to roll.
Gbp Chf Predictions for london session tonightI can take criticism i just joined tradingview and trying to make my own trades let me know what you think about it and or what i could improve on and there is some news tonight on gbp so i was wondering maybe it would rise for the news
U.S. Federal Open Market Committee (FOMC) Meeting Minutes in lesU.S. Federal Open Market Committee (FOMC) Meeting Minutes in less than a minutes.
I trade eur/usd + gbp/usd - usd/jpy. Let s see
GBPAUD SS Post News/Type 1 Short + 155 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Post News/Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.7825
Stop = 1.7845
Risk = 20 pips
Profit target = 1.7670 ( The projected daily low )
Reward = + 155 Pips
RRR =7.75 -1
2nd Entry = 1.7756
Stop = 1.7781
Risk = 25 pips
Profit target = 1.7670( The projected daily low )
Reward = + 86 Pips
RRR = 3.44 - 1
** Please note that UK Retail Sales will be released at 4:30 am est. and will directly effect this trade
I would appreciate if you leave a comment and a like as a thank you
Allen
EURJPY SS Post News Long Trade + 71 Pip PotentialWe had a good push up on the Eur pairs on ECB rate decision and Press conference. This pair has now gone into a consolidation between 121.376 (High) and 120.976 (Low). Moreover, it is now above the 60 and 15 clouds, as well as the 60 KS and 15 KS
Entry = 120.99
Stop = 120.79
Risk = 20 pips
Profit target = 121.70
Reward = +71 Pips
RRR = 3.5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run
I would appreciate if you leave a comment or like as a thank you
Allen
Interest rate desicion from 7.50 to 7.50 middle volatibility Three minutes after the news ingress with sl about 20 pips on, and Tp to 55 pips.
tp will done in 5 minutes.
be carefull with the swing after just that !!
gbpusdthis setup was shared earlier ,now its running 45pips , close it if you want to secure your profit now, for more signals dm me
GBPJPY Post News Trade Short +100 Pip PotentialWe had a good push down on the JPY pairs on political tension arising and this pair is now over extended. Moreover, it is now below the Daily, 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 135.50
Stop = 135.70
Risk = 20 pips
Profit target = 134.50
Reward = 100 Pips
RRR = 5-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
EURAUD Post News Long + 60 PIp PotentialAUD weaken significantly after the Monetary Policy meeting minutes were released. So lets take advantage. This pair has now gone into a consolidation between 1.6418 (High) and 1.64068 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.6408
Stop = 1.6388
Risk = 20 pips
Profit target = 1.6468
Reward = 60 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
Be aware that ECB President Draghi is scheduled to speak at 4am EST. and that will directly effect this trade
GBPJPY NEWS Short + 100 PIp PotentialAlthough, I am not a big fan of taking trades late in the US Session, This news trade is a good one. That said, please use appropriate risk management as the spreads tend to expand considerably late in the US Session into the Sydney Session.
We had a good push down on the GBP pairs on UK Brexit news and this pair has now gone into a consolidation between 137.73 (High) and 137.564 (Low). Moreover, it is now below the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 137.72
Stop = 138.02
Risk = 30 pips
Profit target = 136.62
Reward = 100 Pips
RRR = 3-1
Once this trade is up + 25 pips, move your stop to breakeven and let it run.
AU: Holding Neutral ahead of RBA DecisionAU remained neutral ahead of RBA decision - closing below .6935 resistance -- A retrace to .69650 could be in the picture before cut talk; My view remains to short and should remain bearish under .70000 price point. AiG Manufacturing news out soon will help set the tone heading into the week...
Support Levels: .68950, .68650, .68250
Resistance Levels: .69350, .69650, .70000
*Not Professional advice, just my viewpoint.
Let me know what you think!
-Krecioch
XAUSD LONGGold trade, Gold is looking fairly nice at the moment with there been recent news that could influence the value of the dollar to fluctuate which could cause a rise in Gold spot. However, we still use technical analysis to back our fundamental analysis, because there's no guarantee the market will go in our desired direction, please don't take this as financial advice, this is just my opinion of what could happen in the market. IT'S NOT FACTS.
Link my live account, share my trading plan, Analysis & reviewI am responsible for my own account while I share my trading plan with you. I must protect my capitals as well as yours. See how I trade EURUSD and USDJPY and how to work on a news release
GBPAUD News Trade + 100 Pip PotentialWe had a good push up on the GBP pairs on Surprise Brexit news and this pair has now gone into a consolidation between 1.85311 (High) and 1.85076 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.8509
Stop = 1.8489
Risk = 20 pips
Profit target = 1.8609
Reward = 100 Pips
RRR = 5-1
$10 Move tmw on $TSLA. Bottom of channel at sup w/$400 PT ReitTesla has been in a strong downtrend down 30% this year. Short Interest is near an all time high. Showing bottoming candles and is at the bottom of the channel near a strong support. RSI is curled up and several bullish divergences on the indicators. Baird Analyst Ben Kallo Reiterated his $400 price target on Tesla's Acquisition on Maxwell Technologies that closed today. Technology acquired will drastically improve battery technology, cost, range, etc. and make it difficult for any company to catch them in the EV race. a 20% savings on a $5,000 battery is $1,000 per car. At 400- 500 Thousand cars a year that is a savings of $400-500M per year!
Gold Bulls Await A Sustained Move Beyond $1288/1295 supply zone Fundamental View :
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1. The precious metal lacked any firm directional bias on Tuesday, albeit continued showing some resilience below 200-hour SMA amid the prevailing risk-off environment.
2. Oscillators on hourly charts have been gaining positive traction and also recovered from the negative territory on the daily chart, supporting prospects for additional gains.
3. However, traders are more likely to wait for a sustained move beyond the $1287-88 supply zone before positioning for a move towards the key $1300 psychological mark.
4. Meanwhile, a decisive break below the mentioned support, around the $1280 region, might negate the constructive set-up and trigger some aggressive technical selling.
China increased its gold holdings for the fifth consecutive month in April, the People's Bank of China said on Tuesday, according to Xinhua News Agency.
Gold reserves rose by 480,000 ounces month on month to 61.1 million ounces in April. Despite the uptick, gold reserves still make up a small percentage of China's massive reserves of more than three trillion US Dollars.
The yellow metal is currently trading at $1,287 per Oz, the highest level since May 1.
And other side May 9th USD Important news is PPI and Fed Chair Powell Speaks . So dollar can be a bit stronger. 1300 is strong resistance area in Gold So Gold can be dropped by this level test.
The bullion is yet to cross $1288/90 resistance area comprising 38.2% Fibonacci retracement of March – April drop and highs marked since mid-April.
Meanwhile, an upside clearance of $1290 can trigger the prices increase to $1300 with $1297 being an intermediate halt.
Also, 61.8% Fibonacci retracement near $1302 and April month top near $1311 could become buyers’ favorites beyond $1300.
Technical View:
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Daily SMA100 1294.3
Daily SMA200 1253.94
Previous Weekly High 1288
Previous Weekly Low 1266.35
Previous Monthly High 1310.7
Previous Monthly Low 1265.6
Daily Fibonacci 38.2% 1280.44
Daily Fibonacci 61.8% 1282.51
NZDUSD Technical Analysis: Testing Key Support in RBNZ News Technical View :
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Key Support & Resistance Zones
R: 0.6920 – 0.6970
S: 0.6680 – 0.6730
NZDUSD Breakout and stable 0.6670 level then touch 0.6720 level and more because Wednesday coming big news in NZD like : Official Cash Rate/ RBNZ Monetary Policy Statement/ RBNZ Rate Statement / RBNZ Press Conference etc. Very important news for NZD. NZD moving depend on this news . GBPNZD / EURNZD big move on this news minimum 150/250 pips moving. so carefully trade this time .
NEWS:
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The Reserve Bank of New Zealand’s (RBNZ) survey concerning second quarter 2019 inflation expectations showed the price pressure to remain mostly unaffected at 2.01% versus the previous post of 2.02%.
A monetary policy meeting by the Reserve Bank of Australia (RBA) could gain the immediate attention of the Kiwi traders as Australia is the largest customer of New Zealand. Also, it is expected that RBA’s rate-cut could be followed by the RBNZ’s rate change.
Kiwi gave little reaction to inflation expectations amid trade news.
RBNZ grabs the spotlight with GDT price index being an intermediate data to follow.
AUDJPY: Post-RBA Rate StatementAUDUSD didn't make it for proper completion of ABCD but AUDJPY did.
Selling the aussie against the yen instead of the dollar might be a better choice at this time as safe haven assets have started to gain in demand.
This is a near-perfect technical setup if we try not to complicate too many factors into a trade.
AUDUSD: ABCD Pattern, RBA RateThe RBA will release its rate statement in less than an hour.
The fresh new threat of the US-China trade war is very likely to be reflected in the statement which is most likely to be bad for its currency.
The aussie has plunged since the market opened this week.
While the price has retraced significantly, the gap has yet to be covered.
Therefore, if the price decides to cover the gap before the aussie continues to fall, an ABCD pattern will be completed at 0.7020 during/after the rate statement.
Should the gap be left opened, the price may attempt to break new low but unlikely to have a lasting effect.
