AlfonsoMoreno

AlfonsoMoreno

AUDUSD Australian Dollar versus US Dollar is trading now within a weak weekly demand level around 0,6688. The weekly timeframe has been dropping strongly for the last five weeks and it’s now trying to eliminate weekly demand level at #1 where the prior bullish move started. The weekly demand imbalance is being attacked, even though price has been dropping for so...

AlfonsoMoreno

It’s been a rough year for cannabis stocks and even though Aurora Cannabis (NYSE: ACB) is one of the most notable companies in the Cannabis sector, it had its fair share of struggles in year 2019. The stock has been dropping strongly for many months since April 2019. Following that yearlong downtrend, here are a few reasons to consider buying Aurora’s stock in...

AlfonsoMoreno

EURGBP Forex cross supply and demand analysis on the monthly timeframe is showing as two strong imbalances located at and . Both imbalances are pretty strong, the one above is a strong monthly supply level made of a very strong bearish impulse, it’s likely that price will react to it strongly once price retraces to it. However, it could take a while before...

AlfonsoMoreno

This is a longer term analysis for EURJPY Forex cross pair done on the monthly timeframe. As explained in many other supply and demand scenarios, when we have a longer term monthly imbalance that gains control, we are not allowed to take a position against it. If we take a look at EURJPY Forex monthly timeframe analysis wearing the supply and demand glasses, we...

AlfonsoMoreno

On Comcast Corp american stock #CMCSA we have a clear monthly uptrend with new demand levels being created while breaking all time highs. In an uptrend with demand levels being created and respected, no shorts are allowed, only buying the underlying stock at new demand imbalances. This is a longer term analysis for Comcast Corp, you can use lower timeframes to...

AlfonsoMoreno

As explained in a previous GBPUSD Forex analysis posted previously , we have been looking to go long on GBPUSD ever since monthly demand level gained control. Now we have a brand new strong weekly demand imbalance at 1.2937 that is trying to play out as expected. Selling GBPUSD Forex cross pair is not allowed because a strong weekly demand is in control and we...

AlfonsoMoreno

Ever wondered how to trade stocks without using any kind of indicators, fundamental analysis or volume analysis? You don’t need any special tools to learn how to trade stocks. As a beginner, it shouldn’t be that difficult to place a high probability trade on stocks, you don’t need a university career either. When trading stocks using a supply and demand strategy,...

AlfonsoMoreno

GBPUSD Forex cross pair bullish forecast November 2019. There is a strong weekly demand imbalance created on GBPUSD Forex cross pair around 1.2414 . Only longs area allowed in an uptrend, no shorts allowed, as simple as that. There are only three trading decisions to be made every time we look at a chart, either we buy, we sell or we do nothing. In this case we...

AlfonsoMoreno

A very strong weekly demand imbalance has been created on the weekly timeframe around $117 per share for a long term buy opportunity on this stock. Currently we have a pretty strong weekly supply level that has gained control, buying Spotify stock is not possible now. Remember this is a long term analysis, short term and intraday stock trading is a different story...

AlfonsoMoreno

How to trade S&P 500 e-mini futures using supply and demand imbalances. S&P 500 e-mini futures? S&P500 futures has broken all time highs ever again and it is offering new buy trade opportunities with long term weekly demand level around 2950 in control. No shorts are allowed, only longs at new levels of demand. If you are trading other trading strategies or...

AlfonsoMoreno

Forex USDSGD US Dollar versus Singapore Dollar has reached a very strong weekly demand imbalance. We are only allowed to go long on USDSGD Forex cross pair using a supply and demand strategy and approach. We are expecting price to rally much higher reacting to strong weekly demand imbalance located around 1.3587. We should not be thinking of selling USDSGD...

AlfonsoMoreno

Bank Nifty Indian Index bullish bias with new weekly demand imbalances. Bank Nifty Indian index has a clear long term long bias, bearish corrections must exist if we want to plan a trade using imbalance. The Indian stock market and its indexes does not move in straight lines and so do the other world indexes, the Indian Bank Nifty and Nifty 50 indexes are not an...

AlfonsoMoreno

Nikkei 225 Japanese Index has been rallying for a few weeks creating new strong weekly demand imbalances. Nikkei 225 index has unfortunately not retraced yet to any of these two strong weekly imbalances and continues to rally on its way to weekly supply imbalance around 23600. Nikkei 225 Japanese Index futures forecast. As per the weekly timeframe analysis,...

AlfonsoMoreno

EURGBP Forex cross pair has reached a strong monthly demand imbalance where going long is allowed again. As swing traders and longer term traders we should not be thinking of going shorts on EURGBP Forex cross pair. Price action analysis is telling us there is a very strong monthly bullish impulse that ended up becoming a monthly demand imbalance around 0.8607....

AlfonsoMoreno

GBPUSD Forex cross pair supply and demand analysis forecast, buy opportunities. GBPUSD Forex cross pairs is rallying sharply creating very strong imbalances on the daily timeframes as expected and mentioned in previous long term supply and demand analysis done a few days ago for GBPUSD Forex monthly chart. We were expecting price to rally from that monthly...

AlfonsoMoreno Updated 

Short opportunities are being created on Snap Chat SNAP stock. New weekly supply is being created on Snap Chat on the weekly timeframe around $16 per share. The stock has been doing nothing for a few weeks and it's now dropping strongly creating new weekly supply imbalance and lower timeframe imbalances. No longs are allowed. Price action and supply and...

AlfonsoMoreno

The US dollar and Dollar Index DXY are pretty strong creating new demand levels in a clear trend. There are many USD Forex Cross pairs and exotics pairs like USDZAR that also have a clear uptrend and bullish bias creating new weekly demand demand imbalances. We don’t need complex Forex trading strategies to locate price levels to trade on USD Forex cross pairs,...

AlfonsoMoreno

You don't really need a university career on economics to learn how to trade stocks like Netflix NFLX, you don't need to buy dozen of books on trading strategies, economics and fundamental analysis on how well a certain company has performed in the last quarter or in the last year. You can learn how to trade stocks like Netflix NFLX by simply locating the...