UnknownUnicorn256127

UnknownUnicorn256127

Price is finding strong resistance around the cluster represented by the blue rectangle. A test of the short term upward channel (dotted blue lines) would initiate a good risk to reward on a long position with a stop just below the channel. A break of the channel to the downside and I would be looking for a short with a target of the solid blue longer term trend-line.

UnknownUnicorn256127

Looking for price to come 3--5 points lower before going long. Looking at timing of the retracement, we can take the previous high to low from the 30/01/15 to 16/04/15 and use the same time period for this current retracement (as seen on the graph represented by the red lines). I see another 10 days to 2 weeks before a bottom is in place. For a target, measuring...

UnknownUnicorn256127

Like I posted back in early Feb when the market made a bottom, I was looking for the market to make a similar length move as it did on September to November of 2015. As you can see by the pink lines, this measures these moves with equal length. I am looking to short the markets in terms of a 1 standard deviation call credit spread.

UnknownUnicorn256127

Short on trend line break.

UnknownUnicorn256127

Buying. 412 target

UnknownUnicorn256127

NFLX retraced back to its 61.8. Sold puts at a 1 STD expecting a bounce and a vol crush. Looking for 50% max profit.

UnknownUnicorn256127

Short GBPUSD with a target of the lower channel. Will add to position on any retest of the descending trend line

UnknownUnicorn256127

Oil was rejected twice at this intermediate term descending trend line. A break below the short term ascending trend line would see a move down to 25 (1.272 extension) which also ties in with 4 previous symmetrical downward moves.

UnknownUnicorn256127

With the yen ending Friday with a dojo up against trend line resistance, we can expect a re-tracement back down. This would result in a rally in the overall stock market.

UnknownUnicorn256127

Watching to see if there is a break of the wedge pattern.

UnknownUnicorn256127

Short USDCHF on the trend line break. First target is the previous low of 0.97848

UnknownUnicorn256127

Short AUDNZD from the break of the descending trend line. Target the 1.272% extension 1.06098

UnknownUnicorn256127

Will wait for a re-tracement before getting short.

UnknownUnicorn256127

watching for a break of the ascending trend line. Will short on a close below the trend line. with a target of 0.6938

UnknownUnicorn256127

Price has broken out of its larger wedge pattern to the upside, suggesting a move higher is around the corner. Target 466

UnknownUnicorn256127

We recently looked at Randgold and I pointed out that it was a forward looking gold stock. We saw a few days ago that Gold futures has broken its downward channel. I will be buying gold on any pullback. Potential large target of 1300

UnknownUnicorn256127

Apple and Microsoft pair trade idea. Prices are at extremes, MSFT to the upside and APPL to the downside. Price correlation between the two is expected to normalize between the two resulting in a reversion to the mean for the correlation. With this in mind I would be looking to go long on AAPL and short in MSFT.

UnknownUnicorn256127

Price found resistance at the 78.6% re-tracement and continued its downward momentum by breaking the short term ascending trend line. `A continuation down would see the first target being previous lows and then 72.50 followed by 70.2. Keep an eye on oil, current USDRUB correlation readings are -0.95.