1-16-2018 bought March Puts going towards earnings on TRIP
Another update for last week's pre-earnings trades: HBI Puts for the pre-earnings ramp down.
After a big pullback in the Yens taking CADJPY long off the Weekly support plus swing trading Ichimoku wave.
The second forex trade of the year is a pullback to the Daily KS on USDCHF with a goal to translate it into a longer breakout short.
Ethereum Classic kissed a weekly level on this recent pop up. The swing trading timeframes are doing a pullback and I like the support it is so far holding today.
Largest currency mover of the morning EURGBP has three potential resistance levels. I'm actually looking for it to break the current level around 0.8540 and then move up to hold 0.8570 or 0.856
The spike failed and the trickle down trade is finally making a move to break the consolidation.
The lower timeframes did a shakeout this morning on "Bullish Friday." Good tradeable prelude to the last push to 1100.
Pump and dump or will it last? A few cents above or below $6.00 will decide very soon...
When exploring markets for potential (tradeable) inefficiencies sometimes finding none is just as interesting. Americans used to be able to trade the USDCNH on FXCM before they got taken down. The dollar/yuan cross has remained interesting for the last couple years but has been somewhat non available to US forex traders. I wanted to look into the possibility of...
Back on December 20th, before the wild run, I put out a video on how to hedge existing Bitcoin positions and potentially bank some bonus profit on the premium between the spot price of Bitcoin and OKCoin 3 Month futures contracts. Now the trade has come full circle from drawdown at the top of the bubble, to mean reverted expectations, to bonus profit on the...
Is the weekly breakout on Oil futures going to continue? A strong iMTF resistance is setting up at 54.68; the halfway of the spike down from Tuesday 1-3-2017. It will be interesting to watch at this level.
ABT as a more aggressive Weekly resistance play to hedge against market going bearish in ABT's time til earnings
SBUX held weekly support with timing. Clear where it may go to black cross iMTF resistance in the run up to earnings
BMY would be on a run up to Weekly resistance off a Daily breakout pre-earnings
Using the new iMTF indicator to find levels in the past I can superimpose the major levels from the 2013 move to see where price is going. I only just began using this but the major levels of 781 and 691 were already written in the 2013 major run price action. The next levels are going to be 856 and then 963. Wait and see...