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TWTR: Sell puts until December 16 or buy stockWe can reenter TWTR longs safely at the open tomorrow here. After Disney and Google backed off from bidding to acquire TWTR, the stock sold off drastically but now landed on a key earnings support level, so it's logical to expect a technical rebound here. We can enter longs at market open tomorrow, risking a drop to 15.70. I would stick to 0.5% risk for this one, or consider selling puts (or using a risk/reversal option strategy) to profit from the expected rally. CRM is still in the table, so, we might see some positive news come out, and buyers step in to support TWTR here asap. Good luck, Ivan Labrie.
NYSE:TWTRLong
by IvanLabrie
4
BTCCNY: You should be long by nowEarlier today I signaled it was time to go long BTCCNY once again, after booking profits from our earlier entries recently. You can see my fundamental research on BTC events and related news on chart. This is part of Tim West's approach, and a very powerful tool. My clients are long already, you can still jump in if not in the trade, just risk half and add on either a pullback, or a breakout above 4115.84. Stops can go under 3819.92 to be safe, and we can tighten them as we get further confirmation of the breakout here. Good luck, Ivan Labrie.
BLong
by IvanLabrie
5
FX portfolio: Long EURUSD on a breakoutWe can look to enter longs if the Euro manages to break out above the last daily high next week. NFP created strong volatility, which followed by a series of Fed speakers and oil data, led to a close near the highs after shaking everybody out (myself included). I managed to cover my short before losing any money, but my first long attempt failed. We can try once again, if next week we break above resistance, which would create a rapid move to the upside, giving us a low risk opportunity. I reccomend risking 0.5 to 1% on each trade. this is no exception. Have a nice weekend, cheers! Ivan Labrie.
Long
by IvanLabrie
FX portfolio: Long AUDUSD on a breakout of last session's highWe have a nice setup in AUDUSD, although of lower probability than the others I posted today, since the longer term trend signals on chart aren't confirmed yet. Interestingly, price bottomed at the June 24th's session low...rings a bell? We can extrapolate the signals from commodities, to the ones in FX pairs, and take the daily chart signals as an excuse to join this potential massive trades yet to be confirmed. Keep risk below 2% if you take it. After the daily oscillators get overbought, we can trim the position, trail stops, or simply exit. But, since we speculate on this eventually confirming a higher timeframe uptrend signal, we'll only close half the position on a new daily low after CCI goes above +100, and trail stops to entry on the rest of the position. Good luck, Ivan Labrie.
Long
by IvanLabrie
5
Commodities portfolio: USOIL - Buy market, buy dips, buy slowlyOil has a great 'Time at mode' signal, and similarly to Gold, it seems to be operating in the 8-day timeframe. After the OPEC news, we took a long position in the 45.60 region, which we're still holding with my clients. I reccomended closing half of the trade before Friday's session, and we have stops at entry price on it now. After the production cut news, price rallied strongly and confirmed the uptrend you see here, giving us two potential targets, at 60.77 and 81.73. Additionally, we took a buy at the close on Friday. I'll continue to add to the position and also trade around it. I'd like to see price hit the 48.10 level you see here, to add more, but it might not happen, so if you're not long, you may enter at market open with a partial risk position. Use a stop under 46.17 for all entries. We can maneuver this uptrend from the daily chart as well, taking shorter term swing trades on each pullback, while the rally progresses -I give my signals clients trades like these all the time, like in NGAS-. Consider this forecast has time until January 2017, as long as we don't drop back under 46.17. Good luck! Ivan Labrie.
TVC:USOILLong
by IvanLabrie
Commodities portfolio: Long gold on a breakout - 50% retracementSimilarly to Silver, Gold has retraced back to support, in this case, also matching the Brexit session low, but also, the level where the most accumulation took place, before the previous uptrend signal triggered in the 8-day chart. This is the timeframe 'in control' and it's flashing the lowest possible risk entry to get long Gold. Entry is on a breakout above the last session's high with stop under the low, and the target is 1490.09, which happens to coincide with both, the lowest volume price zone since the top in 2011, and, also the 50% retracement of the downtrend that took place ever since, and bottomed this year. China might 'buy the dip' here so let's follow their lead and take this entry. Risking 1%-2% can yield a nice 9-18% return once we hit the target, so don't miss it. Good luck, Ivan Labrie.
FX:XAUUSDLong
by IvanLabrie
DB: Contrarian long opportunityI'm pretty sure 97% of people were short DB lately, and pessimistic about its outlook. I was on that bandwagon, and shorting every rally for some time, but the latest developments made me change my mind on it. I think we have a great opportunity to long the stock here, if not already in that is. I'm in with a 0.25% risk position, and will add gradually to it, until I reach 1% exposure. We have to monitor the activity here, but it's possible this was a terminal wedge or ending diagonal pattern, in Elliott Wave parlance. We can add to longs on a break of Friday's close, to the upside, risking a drop under the lowest low, and add more once we break above the earnings resistance above, at around 13.72, using the same stop loss. We can also buy dips under 12.38 but I think it's unlikely to happen here. We need to reach 14.89 within 3 days to confirm the bullish momentum in the short term. Good luck, Ivan Labrie.
NYSE:DBLong
by IvanLabrie
10
NIFTY 50: Powerful uptrend, buy dips, buy breakoutsThe NIFTY 50 index has showed nothing but sheer uncorrelated strength this year. The trend remains strong, and the market has acknowledged the weekly uptrend mode support here. If during the next 2 weeks, price doesn't drop further, we can long it safely. If we break above 8831.55 before that time runs out, bears will be in trouble too. Keep an eye on the uptrend slope, indicated by the speed line under the current prices. This line has to hold if we see a retracement. You can use an ATR based stop loss to trade this trend. 3 times the 11 period ATR value is a good start. Right now, we can buy on a break above Friday's high and stop at Friday's low. There's plenty of time to get further bullish confirmation, don't risk over 1% on any given trade. Good luck, Ivan Labrie.
NSE:NIFTYLong
by IvanLabrie
2
USOIL: Weekly uptrend signal pending confirmationIf we see oil hit the 47.99 handle before the close on Friday, we can expect a sizeable rally to take place. If we do break above the monthly resistance above, validating this signal, the targets are, in order of probability: 58.21, 65.63 and 80.67. Right now, this would appear like a mad man's delusion, but, it's what the chart shows as logical, and probable if all trade parameters are followed. The next step, if you took the long when I called it, is to let the trade run, for the next two weeks, examining activity to validate the uptrend, or discard it. Stay tuned for updates, Ivan Labrie.
TVC:USOILLong
by IvanLabrie
19
Commodities portfolio: Copper - Buy at market, buy a new highWe have a nice setup in Copper, which already triggered off higher timeframes. The target on chart is the one forecasted in this way. This setup is valid until February 2017, if price doesn't retrace below 2.11. You can enter at market with stops there for the long term position, but you can also take a swing trade setup here, buying a half position at market open, and adding on a break above Friday's session high. Stop for all swing positions is Friday's session low. Good luck, Ivan Labrie.
FX:COPPERLong
by IvanLabrie
6
USDJPY: Weekly uptrend firedThis is an update to my previous publication. We now have full confirmation of a weekly uptrend aiming for 110.141 by December 23rd or sooner. If not long you can buy new daily lows, or dips to 102.8 after this week's close. Jumping in now, is not bad, but not optimal. This uptrend probably implies that the smart money is getting into new leveraged positions for the last quarter of the year, largely bullish for equities, so, we might return to Yen, Bonds and Gold being opposite to S&P500 again in this risk on rally. Good luck, Ivan Labrie.
Long
by IvanLabrie
5
EURCAD: Daily uptrend after a huge baseWe have a giant base in EURCAD, after testing a long term speed line support. It's clear we can expect higher prices, specially if we break the last session high. You can go long on dips to 1.48131, or on a new daily high. Stops for all positions should be at 1.47326. Target 1.51543, although we might see a reaction at 1.50786, so keep an eye on it, and the projected date for the top: October 26th. As a sidenote, if price doesn't retest 1.46441 during Q4 2016, we have a signal that points to a rally towards 1.76219, so it might be worth it to hold long positions initiated here for the long term with a break even stop after hitting the daily targets. Good luck, Ivan Labrie.
Long
by IvanLabrie
USDARS: Update, we broke the key levelThis doesn't bode well for my local currency, the Argentine Peso. It's possible this week triggers a weekly time at mode uptrend signal, that forecasts a rally to at least 16.052 within ten weeks, starting with this week as #1. With the fundamental events this week, it's possible this is the start of the acceleration and breakout of this range, specially now that RgMov has shifted into an uptrend in the daily chart, and that we're above the fundamental key levels originated from local events (presidential speeches). Good luck to us all (mostly Argentinian residents that have to deal with hyperinflation). Ivan Labrie.
Long
by IvanLabrie
NGAS: Weekly uptrend activeNGAS has pending upside yet to be tapped. Last week's advance gives us reason to buy dips against the 3.049 level, with stops at 2.898, or, we can use the daily chart to spot the turning point and buy dips (like I've been doing consistently for some time now). We can also buy a new high in the daily, risking simply a new daily low. The dashed line above marks the main resistance zone from the long term decline that started on 2014. If NGAS breaks the resistance, it could rally towards $3.81, and possibly even higher, reaching the $4-5 handle. Risk is very small on the long side right now, so don't miss out on the buy this week. Good luck, Ivan Labrie.
FX:NGASLong
by IvanLabrie
2
ETHXBT: Time at mode and fundamentalsThis chart shows a potential buy setup if we break above the 0.022 handle with sufficient volume and momentum. Right now, price is coiling below the resistance generated by the price action surrounding the DAO hack, so it will be a meaningful breakout once we go above this zone. I'm long from a lower entry, and looking to add once we break out. Additionally, there's a weekly time at mode signal that might trigger, and the targets would be really lofty, so, try not to miss out on the move up. Good luck, Ivan Labrie.
Long
by IvanLabrie
8