sedemmler

sedemmler

Divergence trade here. Stops at 87.35 or so, looking for at least a test of the up channel, which is around 86.20, at the moment. A 80 win/ 40 loss trades, which satistfies our goal of never falling below a 2:1 R:R ratio.

sedemmler

No decision here. Just for my reference.

sedemmler

November has been very strong for the Canadian dollar over the past ten years. The macro market is nuts currently, and Poloz/the BoC may be forced to ease more in the future but for now, this looks like a break to the downside.

sedemmler

In the chart.

sedemmler

RBNZ has hinted at an easier monetary stance; Bloomberg carried a story today suggesting the BOJ is content for now with their monetary stance, which would likely be expressed in the market as Yen strength and Kiwi weakness. Trends are trends, though. One of these levels must die.

sedemmler

Wait for the blowout tomorrow from GDP and FOMC, then, let the RBNZ's Stevens and an improving second American quarter sink this pair.

sedemmler

In August of 2014 the pair broke out to the topside. Since late December we are in what I usually call on shorter timeframe's "buyer's remorse," although, it is harder to apply that to a timeframe like this because of macroeconomic trends and unforeseen geopolitical risks. However, the British elections are getting closer to completion, which should help alleviate...

sedemmler

Broken range + hot healthcare sector + across the board upgrades + positive earnings outlook = buy NUVA

sedemmler

If you're inclined to take calculated shots against what looks to be a strong longer-term move, then I've got a chart for you. USD/CAD is oversold according to the RSI on every time frame from 15m up to the Daily. There's bullish convergence here on the daily chart as well. Also, it seems the pair just broke a weak range to the bottom. I like shorting the pair...

sedemmler

Geo Group recently touched a multi-year bottom of $31.00. Following that they announced the reopening of a250 bed facility in California and a dividend of .57/q. The aggregate analyst target is $41.00. I am a little more conservative. They are one of the bigger names in the for-profit American prison game and have begun to snag market share in South Africa and a...

sedemmler

Rationale in the chart. *Risky play. Closed for a profit at the stated profit-target.

sedemmler

This isn't a trade call. It's me seeking out public opinion. I've never traded the Lira, so I'd love to hear from some of you who have experience with it.

sedemmler

In the chart.

sedemmler

My favorite reversal/bounce set up: convergence with volume momentum heading to the upside. At the beginning of the week I suggested this pair, and it's look like a non-starter so far, but the set up is there and with the SNB always watching a play from around .8850 here with an s/l at .8800 and t/p at (at least?) .9000 seems ripe.

sedemmler

Keeping an eye on potential consolidation.

sedemmler

Searching for ideas here. What do you think of this one?

sedemmler

Rationale in the chart.

sedemmler

Rationale is in the chart. *Update: You can ignore that rationale in the chart. This one was wrong, wrong, wrong. Mostly due to the situation in Ukraine causing a sustained flight to the CHF safe haven.