STIADAYSOFPAST

STIADAYSOFPAST Updated 

- Gold is fundamentally bullish with the recent US airstrikes in Syria United States launches 50 cruise missiles at Syria targets: U.S. official - The next FOMC meeting will be held on May 2nd-3rd. Interest rates are unlikely to rise at this meeting - In the coming month we anticipate that gold prices will be higher, the question is when will it...

STIADAYSOFPAST

- Fundamentally based from the Swedish Terror attack over the weekend. - Technically, it has been riding the keltner channel for the past few days and its trading between the 50.00% and 61.85 Fib lines. - Estimated Profit Point: @ 11.2418 - Stop Loss @ 11.07

STIADAYSOFPAST Updated 

- The EURO’s bearish momentum has been pushing the price lower for the past few days. - Price fast approaching the make or break point (represented by the Blue Rectangle and the two purple lines). EURO - Some EURO CPI announcement (main: Germany, France & Italy). Canada - BoC Monetary Report (Wed, 12/4/17). Incl. Interest Rate Decision. - The price range...

STIADAYSOFPAST Updated 

• Entry after breach of trading range between 159.11 and 169.54 • Double bottom formation. • Price rebound from 4-year lows

STIADAYSOFPAST Updated 

• Entry at completion of 2nd Elliot wave, crucial 50% Fibonacci retracement. • Fundamentals signal caution with hedge funds short positions slowing down: “Hedge funds cut their combined net long position in NYMEX+ICE WTI by -12 million bbl to 269 million bbl in the week to Mar 28. Long positions were cut by -11 million bbl while shorts increased by +1 million...

STIADAYSOFPAST

- Completion of a bat pattern - The entry point @ 0.15045 lines up exactly with previous support line. The support line is highlighted by price behaviour in the blue rectangles

STIADAYSOFPAST Updated 

Blood will be spilled as the charts are painted crimson over the coming days. This is following on from the original ETH doom idea which I posted at the end of March. Support will be found on the bottom of the weekly Keltner channel ($18-20) and this is where I will be buying back/longing.

STIADAYSOFPAST Updated 

It has become clear in recent times that the Bitcoin and Ethereum prices directly correlate with each other. Whales are constantly pumping one while they dump the other; rinse and repeat. Therefore as Bitcoin is now completing the final shoulder of the IH&S, ETH will pump up to potential new highs.

STIADAYSOFPAST Updated 

Posted this on my other STIA trading account, but need to move over to this one for the long term. Nice pattern formation. Lines up with the resistance points from the IH&S of January's big dump and recovery.

STIADAYSOFPAST

- Bearish Bollinger setup - Draghi speaking (refer to EUR/USD section)

STIADAYSOFPAST Updated 

- Trade base off political uncertainty on the South African front. - The PM fired - Expecting the USD to keep strengthening against the Rand. - Possible re-entry the moment it dips. - Weekly charts will show text book Bollinger setup.

STIADAYSOFPAST

- Theresa May trigger of Article.50 dictated last week feed news feed - No considerate resistance at any fib levels, showing a clean bear move - EUR manufacturing PMI stayed the same - ECB’s president Draghi expected to speak (Tuesday, 4th April 4, 2017) o Speaking at the launch of the new EUR50 banknote. o He may avoid talking about the economy and Monetary...

STIADAYSOFPAST Updated 

- In the latest prospective planting document, it was reported that acreage allocated for soybeans will increase by 7% this upcoming season. This means that soybean is fundamentally bullish. Analysis from previous reports show that there is an 80% correlation between an increase in acreage and an increase in prices 10-days post the release of the report....

STIADAYSOFPAST Updated 

• Entry at completion of Batt pattern @127.27 • Double bottom formation at batt completion price further supports bullish signal. • Fundamentals support long term bullish position due to draught concerns, similar to 2016: www.bloomberg.com

STIADAYSOFPAST Updated 

ETH has run out of steam after the big pump up during March. Direction has now switched and the daily SAR's are broken. The next points of resistance are as follows.