GBPUSD, The Impending Short Part 2We’re coming up towards the end of the final push, push 3. Looking back at the H4 timeframe, there is a Shark Pattern near completion. The D point of this Shark Pattern aligns with the long term resistance as well as a psychological whole number 1.24. There are other methods that also support the theory that price may reach the 1.24. The ab=cd pattern suggests price can continue to rally on towards the 1.24. Mentioned previously today, there was a 15min Shark Pattern which later came back to do a type 2 reversal that gives a trader a second entry to ride towards the 1.24. We may see a completion of the price objective by Wednesday next, until then sit on your hands and wait for price to do it’s thing.
Beaucoup Out.
Tradingforlife
Epic Trades, Legendary Traders. - A collection. Add your own...Add your own trades/finds in the comment section of Epic Trades , whether your own or one of the - preferably lesser know - feats.
Charts Only(!!) , please. (Comments go into the charts)
Here are a few to start it off;
All of the following trades were executed with >$1 Million US and lasted <12 months
Life Cycle of Stock MarketHi Traders,
Is it wise to trade all the time with the same mindset?
No Right.
When we start trading, we do the same things again & again thinking that what we did yesterday, last week, or last month, with the same strategy we try to make a profit out of it & that's the reason most of our capital is either at breakeven or in a negative.
I believe we need to be smart enough to change the strategy according to the type of market we are facing.
Type of Market:-
a. Base:- Where the market is in a consolidation stage, and not appreciated in the market by the trader & investors.
b. Growth:- Market in an uptrend stage, where the market is appreciating the fundamentals such as good earnings, growth & its intrinsic value & realise that it is undervalued.
c. Top:- It is a stage where smart investors know that the market cannot continue forever as the market became highly overvalued & they square off their position & leave the market with a profit.
d. Decline:- It is a stage where the market is in a downtrend. There can be various reason for the downfall, such as a decline in the fundamentals of the companies, War, panic, fear, etc.
Type of Strategy:-
a. Base:-
Short term trading, where need to identify the demand (Buy) & Supply (Sell).
b. Growth:-
long term positions which last maximum to 3 months, (use a call option)
c. Top:-
from a traders point of view, again find out the demand & supply with the mindset that small is good.
d. Decline:-
It is a stage where I make a lot of profit by using margin, Put options, short selling, etc.
So, as a trader, we need to change our trading mindset according to the market phase.
Thank You
DXY: just a snapshotHi Guys,
this is an update of what I posted last November (related links below).
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.
Japanese Yen: just a snapshotHi Guys,
this is an update of what I posted last November (related links below).
Thank you for following 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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: following some correlationsHi Guys,
here is the link to the moves made by Gold in the same period.
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: following some correlationsHi Guys,
here is the link to the move made USD/JPY in the same period.
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.
GOLD vs USD/JPY: some ideasHi Guys,
Looking for opportunities using inverted correlations between Gold and USD/JPY.
The idea is that when US dollar weakens, money flows into safe heavens like Gold and Japanese Yen and this is why their moves are inversely correlated.
In the above scenario Gold is temporarely topping at A because USD/JPY bottomed at 105 on Jan.3rd. For 2 weeks the precious metal ranged between 1298 and 1275 (support B). The fact that Gold is overtaking A means that Gold may be still looking to top higher than 1300. However Gold was supported at B therefore USD/JPY must be topping with a B too.
This post is a follow up of an idea posted on Jan 11 and already updated on Jan 16 (links to related ideas below).
Here is the link to the moves made by USD/JPY.
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.
USD/JPY vs GOLD: some ideasHi Guys,
Looking for opportunities using inverted correlations between Gold and USD/JPY.
The idea is that when US dollar weakens, money flows into safe heavens like Gold and Japanese Yen and this is why their moves are inversely correlated.
In the above scenario USD/JPY made a clear bottom at 105 on Jan the 3rd. The move has been so fast that economists labelled it a flash crash. Yes it was. But it was also the signal that USD/JPY was bottoming at 105.
On the opposite, 1300 could have been a nice top in Gold. But Gold never got to 1300. It arrived at 1298. For 2 weeks the precious metal ranged between 1298 and 1275 (support B). The fact that Gold is now overtaking A means that Gold (in its process of topping) may be still looking for a top higher than 1300. Be careful that this does not mean that USD/JPY will go lower than 105.
This post is a follow up of an idea posted on Jan 11 and already updated on Jan 16 (links to related ideas below).
Here is the link to the moves made by USD/JPY.
USD/JPY vs GOLD some ideasHi Guys,
Looking for opportunities using inverted correlations between Gold and USD/JPY.
The idea is that when US dollar weakens, money flows into safe heavens like Gold and Japanese Yen and this is why their moves are inversely correlated.
In the above scenario, when the pair made A on Jan 3rd (a clear bottom), Gold made A (a potential top). Gold ranged between 1298 and 1275 for 2 weeks and now seems overtaking A looking for an A higher than 1300. Be careful that this does not mean that USD/JPY will go lower than 105 (Y). It just means that from B USD/JPY may come back a little bit. It depends if Gold moves higherr than 1300.
This post is a follow up of an idea posted on Jan 11 and already updated on Jan 16 (links to related ideas below).
Here is the link to the moves made by Gold.
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: croc closing its jaw?Here is the link to the croc mirrored on Gold:
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: the croc upside down?Here is the link to the croc made by USD/JPY
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.
EUR/JPY vs USD/JPYHi Guys,
in 2017 EUR strenghtened vs JPY whilst JPY strenghtened vs USD.
in 2018 EUR weakened vs JPY whilst USD strenghtened vs JPY.
The bearish move made by both pairs on Jan 3rd, 2019 was due to JPY flash bullishness. What it means is what I am going to find out.
Here is the link to USD/JPY
Use your brain and be carefull. Good luck with your trading everybody.
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.
DXY vs EUR/USD some considerationsHi Guys,
the fundamental driving this scenario is Trump's Presidency and the assumption (maybe wrong) that he wants a weaker US dollar.
X) is the end of 2016 when Trump takes office at the White House. DXY starts to fall and bottom at the beginning of 2018 when A) is formed. From A) the index starts a retracement into US Mid Term Elections to make B).
Is B) the top of the retracement or DXY will extend above B)?
Looking into EUR/USD for clues I've noted that the pair marked a Pivot at B). DXY did not mark any Pivot at the level of B).
In addition to this, following today Draghi's press conference, the EUR weakened further towards B) which I was supposing to be a top in DXY and a bottom in EUR/USD.
Here is EUR/USD mirroring DXY.
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.
USD/JPY vs EUR/JPYHi Guys,
this is the same structure I used for EUR/USD and DXY. Same SMA, Pivots, timelines, RSI.
Whilst EUR/USD and DXY makes very similar moves but in the opposite direction, USD/JPY is different.
Just a note: it is important to know that JPY is inversely correlated with NIKKEI.
Here is the link to EUR/JPY
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/USD mirroring DXY
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY: I found the eyes. LolHi Guys,
finally I found the eyes of the inverse crocodile pattern made by Gold.
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY vs GOLD: inversely correlated movesHi Guys,
all day that I've got this crocodile in my mind and trying to figure out how it could affect Gold's movements.
If US dollar weakens the crocodile may shut its upper jaw and drive Gold up a little bit.
Let's see how the charts unfold.
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
GOLD vs USD/JPY: inversely correlated movesHi Guys,
this is the price action that lead to a similar formation but inverted on USD/JPY.
They move like this because they are considered safe heavens vs US dollar.
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.
DXY: A to B -> Bear Rally?Hi Guys,
X) is when Trump's presidency begins.
At the beginning of his mandate Trump wanted a weaker US dollar. In 2017 the greenback has fallen from 103.65 to 88.25 to form A).
So, if you think that Trump's presidency is genereting a bear market for the US dollar, than A) to B) may be a Bear Rally or period of distribution that topped at the end of 2018.
If you click on the following chart you will see that in 2018 DXY retraced 0,5/0,618 Fibinacci of the move down made in 2017.
And there are still 2 more years of Trump to go.
Here’s where things stand two years into Trump’s presidency according to CNBC: www.cnbc.com
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.
EUR/USD vs DXY: some moves
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
USD/JPY: another crocodile!
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. CozzamaraDaZena is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.