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Southafrica

LONG ON EURUSDPrice took out the Sellside Liquidity and trapped in all the sell stops. Brice then gave a clean B.O.S and also took out the relative equal highs just above. At this point I knew I wanted to go long and waited for price to come back belowe the equilibruim and fill the FVG. POSITION - Entry 1.01579 - S/L 1.01379 - T/P 1.02232 R:R - 3.26 RISK - 0,24% - $2 - 20pips REWARD - 0,81% - $6,53 - 65.3pips CONFLUENCES - Took out Sellside Liquidity - Break of Structure - Took out relative equal highs ($$$) - Traded back into the FVG under the equilibruim - 61.8% Fib retrace
Long
by Hendry2005
LONG ON NZDUSDWith last week's CPI report, price traded up substantially and created a big buyside imbalance. My bias for the week was for price to come down and trade into that imbalance and possibly the highs before it. As we can see price did that and that was when I started to look for entries to target new highs. Price broke structure and gave us an FVG on the 15m to enter on. POSITION - Entry 0.70121 - S/L 0.70021 - TP 0.71282 R:R - 11.61 RISK - 0,12% - $1 - 10pips REWARD - 1,45% - $11.61 - 116.1 pips CONFLUENCES - Previous Day High - Break of Structure - 15m FVG - Daily Higher Low - 78.6% Fib Retrace
Long
by Hendry2005
NAS100I want to say "control C and then control V" from the US30 analysis but we are not parents that believe all their children are the same. They may have similar traits but they are not the same. Zoom out and you'll see that the current phase is a correction after the touch on the BLUE LINE, it impulsed up and is now correcting. We are waiting for impulsive candles which will show us direction and demand of that direction. 1. Reversal within the channel 2. 3rd touch on the smaller 15min channel (Top Part) 3. Candles have reduced in size, indicating a smaller demand = less supply
U
by Mhangwane1
SOL|ZAR - Wil we see more downsideSasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon. Now 22% undervalued after recent price drop - Over the last 90 days, the stock is down 2.9%. - The fair value is estimated to be R447, however this is not to be taken as a buy recommendation but rather should be used as a guide only. - Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. - Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 391% in the next 2 years.
JSE:SOLShort
by AndreKlynsmith
SOL|ZAR - Now 22% undervaluedSasol Limited, together with its subsidiaries, operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Gas, Fuels, Chemicals Africa, Chemicals America, and Chemicals Eurasia segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Canada, and Gabon. Now 22% undervalued after recent price drop - Over the last 90 days, the stock is down 2.9%. - The fair value is estimated to be R447, however this is not to be taken as a buy recommendation but rather should be used as a guide only. - Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. - Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 391% in the next 2 years.
JSE:SOLShort
by AndreKlynsmith