Hello guys, on the image you can see the main reasons behind the Dax short but I'm going to explain you briefly my thesis: 1. the german economy is weak, you can see it from this link: twitter.com 2. no fiscal stimulus seems to be ahead for Germany, you can see it from here www.ft.com this would improve the the GDP as the GDP is defined as Y = C + I + G + NE, with...
hello guys, here's a list of possible opportunities on the euro: 1. a possible AB CD movement to the upside toward 1.16, but before the CD movement we should see a touch of 1.14 support level 2. a possible advanced pattern formation, this can give us the possibility to go long on the euro, toward 1.14. Watch carefully also the trendline! If broken we can go down...
hello guys, here's the chart of the eur/usd, after the rate hike from the FED I see some strength in the dollar for the first trading hour and maybe first days of the week but structure leaves clues and there's around 1.15 a buy area, a support area, that can help us in opening a trade with a decent risk to reward. Also from a technical point of view, RSI is...
hello guys, I want to share with you a potential trade that can be placed for the next months. This trade will involve option contracts. September, October and November are very volatile months as you can read here : www.bloomberg.com So we can set up or a bull spread strategy (here is how it works: www.theoptionsguide.com ) or we can play very aggressive and use...
hello guys, here's a new idea, we're approaching a new level on AUD/USD a resistance level, respected other times recently. I expect a higher high close candle on daily timeframe chart to open the trade. Plus, if you use the COT as a contrarian indicator you can see how this is a bullish sign. best regards, docCDS
hello guys here's a new idea on the NZD/USD exchange rate. First, we're approaching the 200dma which will act as a resistance level, secondly, we are in a spot where support turns into resistance giving us the possibility to short the NZ$. The first target is at 0.66385 then we can go for a retest of the 0.65722 level. Lastly, the COT suggests a bearish approach....
hello guys here's a new idea on italy BTP. First of all, we saw recently that the market wants to speculate (again) on BTP, this means that interest rate until September will go down, then will rise due to rating agencies decision and what is called 'DEF', the document of economics and finance by the Government. In this document there'll be the outline of fiscal...
hello guys, this is my last idea (maybe) before going on holiday! I think we should expect an increase of volatility, first because traders take a break and algos do stupid things, secondly the fractal took from last year from July to September suggests to take a long position on Vix. The question is how to trade an increase in volatility? Using options, back...
hello guys, here's a triangle pattern on the 4h chart, we should expect some bullish momentum soon. Plus, the COT is still bullish on gold. Let's see how it develops in the next days! best regards, docCDS
hello guys, new opportunity on the audusd, pattern completed today, we go long even though the COT tell us that futures traders are bearish on aussie dollar. see u soon, doc cds
hello guys, new trade here, the idea is to short pound due to a series of fact: we're testing the 200 ma, and recently has been a clear resistance level, then CFTC COT is bearish on the pound with short sellers increasing their position for the 5th straight week, even the inverted hammer suggest reversal price action coming.
hello guys, here's a triangle on bitcoin, technically is a descendent triangle so it suggests a short position, however, lets see if close above the trendline or brake the support. stay tuned, best wishes, docCDS
hello guys, I've been busy recently due to uni, however today I have a new trading idea. EURUSD 4h chart, pennant formation, so I expect a rise of the euro against the usd dollar. But be careful about the resistence line, if we broke that line, the euro will be traded at 1.21 To join the trade we must see a close above the upper trendline! Like and comment to stay...
hello guys, here a technical and fundamental analysis on the usdyen. The dollar spiked, but we are facing a structure zone, which has been respected--> we can use it as support turning resistance. From the fundamental view, the dollar will collapse due to higher interest rate which is a price setting, so higher price, higher inflation.. weak dollar. Best regards, andrew
hello guys here's a new trading idea, we've a triangle in the daily time frame, this could be a chance for a new short/long opportunity, it depends where the candle will close. My fundamental view is bullish for euro.. stay tuned, docCDS
hello guys here's a little chart where we can clearly see a buy zone of Euro against the $. I'm paying attention into the zone due to a series of facts: 1) net long position in the last commitment of traders 2) it's a buy zone or at least it has been recently 3) be aware of positive economic data for US, this means wait nonfarm payrolls tomorrow 4) remember,...
hello guys, idea for next week. Structure in action, previous support zone has been tested. Looking for a buying opportunity! there's also an RSI div! eyes on that for next week! best regards, docCDS
hello guys, new idea on the aussie yen! We're looking for a potential double bottom then a buying chance. Eyes on that for next week! have a nice day, best regards docCDS