AIR NZ Is a lock. Come on, 1. Strategic Market Position Air New Zealand holds a dominant position in the domestic market, serving 20 main centers and regions across New Zealand. Internationally, the airline focuses on the Pacific Rim, leveraging alliances to enhance its network and competitive advantage. AIR NEW ZEALAND 2. Financial Performance In the fiscal...
Adding into my trade idea from yesterday - this trade has 1/4 of the risk of yesterdays, however the retracement of price has given us another entry opportunity, and this time looking to target beyond the recent low price and into the 127% fibonacci level. If you are adding to existing positions please bare in mind your risk management protocols, do not over...
The aussie has been bearish so far this year, and rightly so! We must consider that whilst the US Reserve Bank has talked about cutting rates they have just had a Jobless Claims print lower than the last few decades, signaling that the US economy is going well. In addition, we must consider tensions in Red Sea and the middle east are disrupting trade, and when...
I am looking for nzd/usd downside. The kiwi has been flying well considering the namesake is a flightless bird, and price has reached a significant level. Historically there has been high selling volume recently, price is at a natural structure level on the 1h chart, and there is also a 61.8% fibonacci level coinciding here. Lets see what happens!
Oil supply is dwindling whilst demand is going nowhere. I like oil longs, or commodity longs for that matter.
This trade idea is designed to trade against an unprofitable signals group.
Looking for a trend continuation on the Australian dollar. Why? The US Dollar is strong, is at a previously swing point (now resistance), which correlates with the 61.8% retracement from prev high level. Short term trade :)
Webjet is trading at 180x Price to Earnings ratio, whilst having roughly a 5% profit margin. The company is has only just returned to profitability post covid, and the stock price is ridiculously valued. Webjet caters to the shrinking demographic of those not booking their flights / accomodation direct with the providers. Their biggest competitor is google, that...
Oil is breaking to the upside from previous highs. Technically this is a clear breakout trade, with stops below the last daily swing low. Oil contracts are generally paying a positive swap long currently, making long positions attractive for traders. Additionally the supply for oil is tight, demand is high.
With rising interest rates it now costs traders significant amounts to hold leveraged long positions. Price has stalled at this historic pivot level which also correlates with the trendline and the 61.8% fibo retracement. Generous stop loss. This will attract a positive swap yield also.
GBP/USD has retreated into the 1.2650 key level, which has been a consistent support and resistance pivot level of the last 2 years. This also marks the fibonacci golden pocket of 50% - 61.8% retracement from the high. Sentiment during July was to sell USD on rallies, so traders must be asking whether to continue buying pound and selling dollars now - a...
Looking for some very short term buy relief from gold. Position should be rapidly covered.
Gold has seemingly capped out following last weeks Fed rate hike. Looking for downside into 1908, and if a break below happens a significant fall in price is a likely outcome.
I mean, look at those lines on the chart! You'd be a fool to think that you will tell a stock's future price based off the company's earning & profitability! NO, the only accurate way to predict a stocks' future price is by drawing lines on a chart. If you don't draw lines on a chart you will NEVER make money from trading or investing. So what have you learnt?...
Every day people make the wrong decision. Maybe it's adding too much chili sauce to their eggs. Maybe it's not packing an umbrella, and the weather changes. Perhaps it's catching the bus when a smelly person is going to sit next to you. But today you have the opportunity to make the right decision with my helpful idea here. Seize the opportunity. Make the...
Jokes aside I have quite a bullish view on the swissie, and think that we're likely to see this pair appreciate in the coming weeks. I certainly hope I'm right as I am balls deep long here.
I anticipate that the usdchf will have some movement to this over the next year. The USD is about to make quite a return.