<3270 target bat at 3060 >3415 target cypher at 3515
This is a preposterous rally considering all the fundamental weight on the Aussie + the ramped-up global risk. This is due for immediate correction, if not now definitely if it goes back to all-time highs. Remember: I am not your financial advisor.
If it wont be a fake break out, its a good buy position after the pullback to Fibonacci RET 0.618. with considering TP and SL and risk management.
Imagine holding SPI as a penny stock, selling it at 7% draw-down, and few month after waking up to see it somehow have went up 4000%? While I do think there might be a possibility of foul play or might not, I have obviously made a mistake. This lead me to create this list of ten stocks I am watching from the sidelines, that I may do a breakout entry for. These are...
I included a sample path, illustrating the volatile nature of ETH. The risk level indicated by the regression is moderate near yellow.
USDCHF H4 - Corrections due on USD, DXY already at resistance, a wick entry at 0.92 could be killer here bearing in mind the confluences. Just monitoring markets to see what looks possible.
This may seem a little radical! But first let us review what brought #Gold here. This my analysis of gold when it was ~ 1400$: That was clear that risk will push gold higher and now we reached to the target area. Albeit we had first agreement between US-China meanwhile, but on the other hand Covid-19 came into play and it even worsened their relation too. Anyway,...
DIS (The Walt Disney Company) is an old favorite for many who have had it or have it in their long-term portfolios, especially with this stock's long-term history. The last 10-20 years have been some of the best for Disney with Bob Iger at the helm and the successful M&A, Creative, Movie launches and much more (Star Wars, MARVEL, New acquisition of FOX...
NZDUSD Parallel Channel | 4.99R
EURJPY H4 - Very much the same kind of trading conditions as GBP just a little less aggressive, which we highlighted yesterday. Looking for exactly the same, WAITING for a break downside to clear 124.500 support and then a subsequent retest, this would be the next possible point to jump in with the downside trend hopefully.
Uptrend. Analysis: Higher high. Retracement. Bullish sign. Risk reward- 1:2.5.
Hello traders. I hope that I can help you with my strategy, It´s only my opinion. I Would thanks if you say me your opinion. Bay and good trading!!!!!! EUR/USD Long follow the strategy; 1. Long with the target in the possible resistance, 2. Short to the strong support and then fly to new maximum. OANDA:EURUSD
Trend: Consolidation in Daily Analysis: Double bottom formed at support area, Higher high in M15, Higher Low formed Risk reward: 1.2
NZDUSD weakness extended overnight, breaking below the early August low and uptrend form March, currently at 0.6597/75, thus completing a small top and finally managing to follow through on the recent bearish “outside day” and the bear “wedge” that is still in place. Beneath .6503 could see weakness extend even further with next support seen at .6466, ahead of...
EURUSD extending its consolidation. Growing concern about a potential double top forming with the neckline 1.1685/00. Potential trade: If you want to preempt the double top. Sell 1.1830/40 S/L 1.1855 bid. On the other hand if you do believe this is a consolidation before a run up to the 1.1900/1.2000 area. Buy 1.1700/1.1685 tight Stop loss @ 1.1665.
this is by far the easiest strategy. look for a break from consolidation, wait for the return and continuation. I usually trade this pattern during the london session.
📍 Equity Liquidations Feb/March 2020 Gold buyers now hold a solid position, since the break of 1750 our opposition has been trying to get blood from a stone. The solidity behind the bull case has been so strong to date and it shows in itself the fact that 'everything is not roses' despite how the politicians and media sell re-openings and activity data. ...
I want to discuss why I use the trend in the VIX index as an indicator for downside risk. When the VIX is trending higher, I interpret that as increasing downside risk for stocks. My reasoning is as follows. I use the VIX Index as an indicator for real put demand. I say real demand, because traders buying and selling intraday is not what I’m looking for....