Brady corporation 1 day till earnings and looking amazing expected massive earnings along with this a acquisition of gravoteach the UK's leading printing and manufacturing company this will obviously boost earnings and will increase investor confidence along with this last earnings massively affected the price of the company boosting its stock price 14.89% which...
NYSE:PM has earnings coming up and we can expect to see a large profit after the recent acquisition of Zyns a massive product witch has boosted there earnings along with there smoke free tabaco I can see a long position but wait to the day before earnings for analysis.
The GBP is now moving out of this area of liquidation and its supported by this fvg however I am unsure where its going to move still looking more long wit this fvg having a look at data suggesting a weakening dollar to back this up
This trade I've been interested in a while now following Michael burry finding undervalued stocks I've been analysing if GBP is undervalued now using the term history repeats I reckons we are on set to repeat the 93 election.(you can use this to help develop a strategy like this) Michael burry an extremely good trader his strategy is a rather simple once you get...
right now I'm uncertain on where the market is going at the moment if we have a break of structure we should see a boost upwards however there is lots of news today
I'm shorting EUR/USD as I'm going with the trend here along with liquidity probably going to hold this trade for a couple days plus news tomorrow is going to be rather destructive
analysis so far, the movement is down is up to this FVG to the down side as we have a BOS to the upside but we aren't supported by a FVG or demand as well we have a heavy news week next week witch may be a game changer at the moment if we get another BOS and break the FVG we may be looking to go long however we could go the otherway
first I spotted the liquidity sweep as marked by the blue box and we have also entered an up trend and as of writing we have broken structure and and basically confirmed the up trend now patience
my prediction was correct and I do believe it isnt to late to short EUR/USD
This week I can see us moving into a down trend with tomorrow creating a lower high for the chart I will be using this as a entry point. reasoning is that we have broken structure and are in consolidation on the 1 hour and 30 minute chart and on the daily still looking bearish. on the minute ill be looking for entry's as we move through the fvgs and multiple...