Buying Silver against Euro provides 10% discount compared to the long term average EUR/USD price. It can be a very good opportunity as the Euro funding rates (close to 0%) are also considerably lower than USD funding rates (around 2%).
Shorting the major US stock index with Reward/Risk of 1.88. The trade is kind of unpopular recently, but I smell enthusiasm is reaching exuberated levels, a clear sign we are very close to a medium-term top. When there is nobody with gun powder to buy more we will enter a bearish spiral. Not sure how far it will go, but this target I set looks easily reachable in...
Volatility is already way beyond any sustainable numbers. Expecting anytime now the bubble to burst. Trading short term with 2.6:1 Risk:Reward.
In this relative strength chart, I am showing that Silver is providing two times better return in 2020 compared to SP500 stocks index.
Barclays is breaking its two year high with a big breakout gap and ready to soar. Watch it! I am taking position with Reward to Risk ratio of 2.2. Well worth investment looking at how under-valuated and forgotten this bank stock is.
An entry point near the long term support line of a channel around 58$ per barrel is touched. We are initiating long position with a capacity to scale if it goes in our favor. Stop loss at 54$ per barrel.
Platinum price is severely depressed recently, especially if compared to its peer Gold. At current level below 800$ per ounce there is opportunity for very favorable risk/reward trade. My goal is 1000$ target which is 25% gain from the current level and can happen easily withing couple of months. More long term investors can keep their positions for 3-5 years with...
Platinum price is severely depressed compared to Gold price. It is now close to its 2009 multi-year bottom around 760$ per ounce. In the long run this is a trade with great risk/reward potential. I am playing here with an outlook for a 1000$ target which is 200$ from the current levels or close to 25%. Of course somebody with more long-term horizon can stay with...
European stocks were undervalued relative to their USA peers for quite long time. Now it is time for a reversal. Solid fundamental valuation combined with favorable price action for long term swing trade.
There are good chances that fundamentals will drive this little known cryptocurrency higher up to 1.8 per coin !!!
Last month ARK coin is outperforming significantly its peers like BTC and ETH. In the current low volatility environment it seem there is a nice buying activity for this coin, which can lead to more interesting long term development. Check their site for overview of the progress and roadmap!
ARK Crypto-coin is finding a serious support with lot of bids below $1.00 per coin. Possible favorable point for buying more coins.
BAT (Basic Attention Token) made incredible jump this afternoon. It is well supported from the previous days and we expect interesting price action to follow. Keep watching AuroraSpot channel for follow up of this Alt Coin.
A Bullish signal was initiated on Gold after stable bottom on H4 chart appeared just below 1300 level. I am medium term positive about the perspective on gold.
Bitcoin is at $6700 per one BTC and first resistance is the low at $6000, than the next one is 50% Fibo retracement of a the whole 2017 move! We will see where the Bitcoin price will reach next support level. Prices will become more and more favorable for long term holders. Short term traders will see a nightmare next couple of weeks.
Lumen (Stellar native cryptocurrency) is appraching a triangular contraction point where most probable resolution will be a breakout higher. The team behind the coin is rock solid and the future prospects are so great that possible skyrocketing must not be excluded.
Gold is trading in a triangular pattern at the moment and seems bouncing lower from a resistance level of the upper band. The trigger now is FOMC meeting and rate decission. Shorting gold for relatively quick trade.
Binance Coin (BNB) looks very active recently gaining significant power relative to ETH. Possible breakout in BNBUSD is also possible soon. Keep close attention on it!