Swing Trading in line with the TrendGloves remain the trend due to the COVID-19 pandemic.
EP RM1.05 - from the swings, it looks like the next peak will sit between RM6 to RM6.50.
This is also added with the expected quarterly report which would be announced 18 Jun for TOPGLOV and 24 Jun for COMFORT.
Which everyone knows will be very much positive.
Plan to TP all remaining shares between RM6 to RM6.50 and re-enter again between RM4.50 to RM4.80.
Pandemic
American Dollar versus Brazilian Real.Well, finally institutions stopped selling and maybe starting to buy dollars again here in Brazil. Simple analysis, after this massive selloff of USD, RSI is pointing to a recovery ahead of price AKA bullish divergence. Not only that, prices is testing a previous range high zone, and converging with this really oversold RSI. I believe it is a good time to stack some USD for the long run, as the caos in the world is just getting started !
Is the worst over?Hi Guys,
Hope you are all fine & well. Here just some infos.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
#Apple - Possible Double topFIrst dig at Stocks, looking at possible double top, i still don't think we are out of the woods yet, worse is yet to come so it should affect amazon as well.
RIsking only 1% with this as i am still noob with stocks, next few weeks i will get to know how TA is affected by FA :)
EURUSD: some infosHi Guys,
the increase in volatility triggered by the pandemic event this year occurs when US Presidential election are 6 months away.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
Long USDZAR DailyFX:USDZAR has recently entered a consolidation zone that concludes the is indecisiveness in the market mainly because of the corona virus pandemic.
An Ascending Triangle is formed that proves bullish movement to continue. Rising Volume combined with the ascending triangle indicates that Bulls will most likely win this round.
Another strong factor to consider is that FX:USDZAR is in a uptrend and therefore a buy order makes more sense.
Take Profit targets will be recommended at R19.00000
DXY: some infosHi Guys,
the increase in volatility triggered by the pandemic event this year occurs when US Presidential election are 6 months away.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumtances.
USA Reaches 1 Million Coronavirus CasesUSA has reached over 1 million Coronavirus cases (1,007,940)
Daily new cases crossed above 2-std dev Upper Bollinger Band with 42,157 recorded.
Germany: New Coronavirus Cases down to 20% of PeakNew Coronavirus Cases in Germany down to 20% of Peak.
1 Std Deviation Upper Bollinger Band is around 2200 cases per day.
New Zealand Coronavirus Curve as Level 4 Restrictions ReducedNew Zealand COVID-19 curve near optimal level as social distancing restrictions reduced 5 hours ago. New Level 3 protocols allows some essential services to go back to work.
Turkey: New Coronavirus Cases near 50% of Peak levelNew Coronavirus Cases in Turkey down to near 50% of Peak
Saudi New Coronavirus increasing by 1200 per dayNew Coronavirus Cases in Saudi Arabia increasing by 1200 per day
UK New Coronavirus Cases around 4500 per dayNo signs of slowing down, new Coronavirus cases at around 4500 per day in the UK as PM Boris Johnson returns to Office.
NY New Coronavirus Cases near 50% of Peak levelNY new Coronavirus cases are down to almost 50% of Peak levels
Russia: New Coronavirus Cases over 6000 per dayCoronavirus Cases in Russia escalating with over 6000 new cases per day.
Peak levels still ahead.
US Coronavirus Cases Approaching 1MUSA likely to reach 1 Million Coronavirus cases within the next day