IvanLabrie

IvanLabrie

I will enter a long position in this pair, targetting the weekly R2 level. Time target is roughly 10 days, but can be a more rapid ascent, in which case I'd protect profits with a trailing stop under each day's highest low. As long as we're above the weekly pivot and the stop below we will be safe. Once we hit the ultimate high, we can start looking for a short,...

IvanLabrie

I think we might get a good opportunity on the long side here, there is strong support in the strongest area in the previous distribution, so a long position can be initiated targetting the 185-187 area. Ultimately I think this pair will correct down severely but that might take 8-16 days to happen. For now, I'll go long.

IvanLabrie

I entered long as shown in the chart, there is a potential setup that points to the profit targets depicted in it. Risk/reward ratio is attractive, and the estimated hold time is 3-7 days. Good luck!

IvanLabrie

I can come up with a variety of instruments to trade based on the recent macroeconomic events, but right now I'd like to focus on these, since they give me a relatively close timeframe for the reversal date. Mark your calendars, between February the 5th and 9th, because I think these pairs will start moving strongly in the directions of these arrows. I'll post...

IvanLabrie

Looking at a short term short sell here. I'll open a position tomorrow at the open, target is the very least the 0.8950 level but since we're so close to the long term highest low/lowest high channel, I think it has a strong chance of rebounding, but also a strong chance of crossing through and going for even lower lows. Should be a profitable trade, either way,...

IvanLabrie

I'm looking at the possibility of a short setup emerging from this pair. On the shoulders of crude showing signs of a bottom, and possible reversal, and an overall bullish gold, CAD might have what it takes to regain strength and pull this pair lower, back to the consolidation zone below. The ATR bands indicator I've been using recently displays the current...

IvanLabrie

In this chart I decided to illustrate part of how I approach trading after the training I received from my mentor Tim West. I'm using my take on ucsgears' value bands, with the periods Yacine Kanoun helped me fine tune, as a nice way of presenting the range in which the currency moves, up and down, consolidating, trending, and rebounding whilst maintaining a...

IvanLabrie

Interesting formation in this pair, the spread is a big big, but the potential rewards are quite good. I'm taking it short, targetting the recent low initially, with a stop at 0.92489. Good luck!

IvanLabrie

We can see how this indicator helps determine the acceleration of trends as they come. Can be handy, specially if you are a diligent bar/candle reader. Ricardo is an extremely talented coder, wonderful indicator, really.

IvanLabrie

I'm considering placing two limit sell orders in this pair, at the 89.503 mark. I'll cover one once the first target is reached and place a buy limit at break even on the second order. The premise is that I expect to see a mild move up, before crashing down and reaching at least my 1:1 r/r target level. Invalidation level is the yellow line, yet stops are placed...

IvanLabrie

Yacine Kanoun brought this stock to my attention. I'm considering purchasing calls with a strike price of 40usd and an expiration date on March 6th. The spread between USDBRL and EWZ is reaching similar percentages to what has show in the past, so I think that it's due for an adjustment, and thus agree with Yacine. I also spotted a technical key level, which I...

IvanLabrie

I'm considering buying puts, risking 3% to make a potential 10%+ in the next couple of weeks. Based on the price action and the volume I expect this pair to gap down on earnings. A fairly reasonable risk/reward if you ask me! I added a standard deviation and moving average to the range exp volume indicator, to determine if volume is above or below average, which...

IvanLabrie

Jen is showing signs of strength, while the dollar is topping, displaying climactic action in multiple pairs. The technicals suggest a decline is in order, and I'd be looking for an entry short on a breach of the highest daily low of the past week. Options expiration levels revolve around price action as we see the ranging pair bounce off them, containing price...

IvanLabrie

Volume action spells trouble for BTC bulls, I see it hitting the last lowest low, or even lower, targetting 153 initially, to then aim for 125. My ultimate low target would be 86usd, but that price will be harder to reach. Good luck!

IvanLabrie

The chart shows different channels and areas of congestion that give us an idea of how price can move in the coming weeks. I expect it to move up, to hit at least the 20 dollar mark in the coming days. Upwards potential after surpassing these level is high, with an intermediate target of 30usd.

IvanLabrie

Today's currency basket setup. Filtered pairs using positive swap, if possible, and Carl Ekstroem's currency strength measurements. Good luck and remember to set a profit target, for the whole basket, and trail stops accordingly. I will trail as soon as each hits 40 pip profit. Cover 70% and then set a BE+5 pip profit stop.

IvanLabrie

I'm short GBPJPY, target 1 is 177.80 and target 2 172.75. I'll trail to break even+5 after 40 pips down and take it from there. Relative strength shows a stronger Yen, vs a weakening Pound Sterling. Correlation with the SPY is strong, so it's a good idea to watch that chart, since it normally leads this one.

IvanLabrie

It's a good idea to come up with a systematic way of trading. I learned a great deal from Tim West, I'm indebted to his teachings. He taught me about the importance of risk management, and how it can trump trading accuracy in the long haul. You can be profitable even with random entries, if your tp is bigger than your stop. That made me think a lot, and I'd like...