simple_don

simple_don Updated 

Bought at market on Friday. Looks like a back up after he first run at risistance.

simple_don Updated 

A bullish hikkake pattern formed in both DJIA and S&P 500 on the 9th of June. the Level in the DJIA that the pattern formed is significant resistance turned support opening the door for fresh new all-time highs. I placed my stop below the low of the false break and place a stop order to enter at the opening price on the 10th. This order was filled overnight.

simple_don

On the intra-day Charts, I have recognized a potential Wyckoff Spring set up that may serve as a short term continuation. This set has formed at the lower boundary of a much larger Wyckoff base that could be forming on the daily/ weekly.

simple_don Updated 

I viewed the close below support as a potential bear trap (wyckoff spring) Placed an order to buy stop at 15.189 against 15. Targeting a move above the most recent high.

simple_don Updated 

Looking at this market to trade into the $4 area over the next 1-2 weeks.

simple_don

The high may be the top of intermediate wave 4. Looks like a double combination since the selling climax Expect the market to test the low of the range in an impulsive 5 wave move down into a spring.

simple_don

In the chart a close below 2630 on a daily basis is need to increase the probability that bears are in control. good luck US Equity Bulls.

simple_don

Long term, my analysis would classify me as a bear. technically I'm looking at a 5 wave move down 3 up, then 3 down. now any follower of Elliot knows that a flat corrective pattern is 3-3-5 wave move. IF the analysis is correct THEN we are in wave 1 of C. that should move DJI Futures to 26400 level, before wave 3 down.

simple_don

Within the context of a much larger accumulation patter dating back to 2012 (6 years) EURNZD, I believe had good odds for a mark up (up-trend) over the next 3-6 months. as mentioned previously the 1.7000, I believe is key. This week we have seen the marked test and rebound. Until we get a closing high, then a test and then a new closing high > 1.7200 I'll remain...

simple_don Updated 

HI HO, I hope that my analysis provides some help in playing the game in EUR/NZD. Fot me the chart attached outlines a plan that may take at least 12 months to play out. I am a buyer of weakness and bear traps in this market moving forward. I reserve the right to change my opinion and positoining at any time.

simple_don

Hi please find a bullish interpretation of the USD ZAR market place. The strong automatic reaction of the 12.5000 level in March 2017 is a clue that buying interests came in. The drop below 12.5000 in january 2018 has cycled back and here we are to day back at 12.5000 looks to me like a major bear trap/ manipulation by strong hands. The route to higher prices...

simple_don Updated 

EURGBP closed back with the range possibly triggering a bear trap. Entry at market close, stop below low, targeting top of range, duration 10-20 days, catalyst buying by big players.

simple_don

Gday, i would like to put forward the case that big players the ‘smart money’ manipulated the market at the 6000 level to off load huge quantities of stock ahead of an anticipated down trend.the chart annotated shows what I think may have happened.

simple_don

I believe this market is at the end of an extended 5th wave. Behaviour following fifth wave extension is typically sharp and will find support at the level of the low of wave 2 in the wave 5 extension. In the case of Brinks CO expect the correction to end around $26. If my analysis is correct the RR is asymmetric.

simple_don Updated 

the Pattern since late may is either a continuation flag (running wedge) or an ending diagonal. I believe the latter has the higher probability. IF my assessment is correct the stock value should capitulate to around 70 which equates with a 50% retrace.

simple_don Updated 

I am in the market for stocks who have rallied hard and are now extremely overextended and vulnerable to a corrective sell off. IART is one such candidate. Anyone long in this trade is probably in the money and not wanting to lose a good profit. Punters may be wanting to buy hoping for another strong advance that will not materialise until a correction takes...

simple_don Updated 

Hi after a corrective move from 1.091 back to 1.085 support has held. at the European open buyers have come in strong after the ending diagonal (wedge pattern). Expect a retrace to 1.085 pull back before a run to target > 1.091. Long 1.088, 1.086 looking to add final layer 1.085 Any move below 1.084 would invalidate the bullish scenario. IF this occurs I...

simple_don Updated 

The chart of Canadian Solar is really cool. After the impressive bull run in 2013-2014 the market has been in a corrective pattern that looks like a falling wedge for the last three years. Since November 2016 the market has Either been consolidating or accumulating between $10 and $15. I really like the Stock and the whole Sola energy story. This along with...