long german dax at the bottom of a trend channel
My idea primarily based on the fact that prices for commodities like oil, copper iron ore are falling. Australia is dependent of export these raw materials. to china and rest of the world. Similar scenario is visible in Brazil, Venezuela, Norway.
I anticipate that the downtrend will soon continue, but i am waiting for a small pullback see chart for SL and TP adjust stop loss as soon as possible
as long as oil price is declining USDCAD worth a long position
bearish trend channel is visible buying dips
i expect upward move above 5100
long Exxon mobile at 78.43 bearish trend, pullback trade
Buying Australian listed Shares at 5472 Its a kind of pullback trade after big sell off last days. The blue area represents a support area. If we manage to break that area ASX can go higher. But Australian market correlates with Chinese stock market so there is some risk involved.
we see a clear uptrend i think the trend will continue (red line) best entry 4545 SL 4444 TP1 4650 TP2 4800
It seems that as more the euro (EURUSD) get weaker the german stock market gets stronger. Well that's create a great opportunity to long DAX and short the Euro. From fundamental point view german jobless rate remained steady at 4.7 percent for the fifth straight month www.tradingeconomics.com Germany runs also a record €24.0 billion trade surplus in June 2015...
waiting for pullback to 6612 open long position see chart for SL
Stocks all over the world crashing. Chinese stock market bubble bursts now. European and US indices followed but may found a bottom now. My idea sounds crazy and yes it is. I'm thinking of long Nikkei, the Japanese index. I see an opportunity there based on low unemployment rate www.tradingeconomics.com and BoJ Interest rate decision which will be zero. Thats mean...
Last Friday Caixin China PMI drops sharply uk.businessinsider.com Asian markets began to sell off followed by Europe and US. The Caixin-Markit China flash manufacturing PMI report, is a survey of small to medium-sized firms. The index fell to 48.2, down from 49.4 in June, which is a lot in economic terms. A figure below 50 signals contraction. That's bad for...
The News came just out that the new chief executive of Credit Suisse, has told cnbc it "may need" fresh capital to help address its issues. It means Credit Suisse needs more Money. www.cnbc.com More: The GDP in Switzerland contracted 0.20 percent in the first quarter of 2015 www.tradingeconomics.com
as long the price drops below the trend line i'll open a short position
price need a correction to red line. 100MA economic outlook isn't great at the moment Americans More Negative About Economic Outlook Than Current Conditions www.gallup.com
Trend is upwards but i think we will see a correction to lower trend line before the trend can continue Fundamentals: US Industrial Production Revised Down in June US Consumer Sentiment Falls in July
I'm looking for a long position on USDJPY . The horizontal line marks a few tops in the last years. Yen has to break it to go further upwards. I think it will. On wednesday Bank of Japan take a decision on their interest rates. Since 2010 they follow a zero rate policy. www.tradingeconomics.com There is no sign that it will change soon. That's why i'm basically...