USDCAD short position initiated on H1 frame due to various fundamental reasons, on first place the trajectory for rate hikes of Bank of Canada which is positive for the Canadian dollar.
Long term position in TRANSOCEAN was initiated on 27.08.2017. The Stop of this trade is below 6, but I am willing to keep this trade as long as needed and possibly to reevaluate stop if necessary. Current Risk/Reward is 1.5. We are betting on the stabilization of oil prices and good chances the oil fracking industry will survive and the best companies will prosper...
Clear signs of forming a medium term bottom on H1 crude oil chart. Playing long position with hard Stop Loss and Take Profit. Check later to see the verified result of this crude oil trade!
A short position in EUR/JPY pair is initiated based on overall over extension both in EUR/USD pair and in USD/JPY. Thus the total weakness of the Japanese Yen can be easily reversed if one of the major pairs above retrace back to its MAs.
Long term upside trending is broken and possible JPY strength can lead to a nice profit here. Risk/Reward as always more than 1:1.
SPDR Oil and Gas Equipment ETF Long Postion initiated near all time low with a Risk/Reward of 3 and great chances of success. The ETF is near 2009 lows, this is difficult to believe even with today's low Oil prices the sector is much further than it was 10 years ago!
We initiated a short position on wheat futures through OANDA platform on daily chart, based on constructive price action pattern and some fundamental indications that the extreme cautions about the 2017 wheat production are way too exaggerated. As the summer progress we see increasing downside pressure and possible good profit opportunity. Our Reward/Risk is 1,...
West Texas Oil and Brent Crude Oil are well correlated. Recently we spotted a discrepancy between them leading to overpricing of Brent Futures and under pricing of WTI Futures. Thus we made a synthetic position consist of equal dollar weighted long position in WTI and Short Position in Brent Futures. Trade was initiated on 08 of September and will be closed when...
China Lending Corporation - Long position on daily charts based on momentum near multi-year low of the price. Reward to Risk 1.40.
Long position on AUD/USD. Macro trade with long term time horizon.
Gold futures are well supported from buyers on deeps this year. We are betting on continuation of the current bullish sentiment and initiated a trade with Reward:Risk ratio of 1.02.
Short Russsell2000 Index Futures and Long SP500 Futures in search of convergence in valuation, due to worse performance of small caps relative to big caps in environment with increasing interest rates.
Expecting to see a pullback and short squeeze in the last few days of 2016 or first week of 2017. Trade with 60 pips stop and 120 pips take profit for a nice 2:1 Reward/Risk Ratio.
Expecting to see the result of the trade no later than third week of January.