tradingformoney

tradingformoney

Looks like another run up. The market retraced to the 61.6 fib level bouncing after a tk cross. Top down approach, trade with the bulls!

tradingformoney

The chart shows gm price (higher low) at a resistance level. Also, it explains a scenario of price taking out the current low, and where a level to watch to indicate if the sellers interest is now longer as strong.

tradingformoney

From the eyes of a stock trader, hopefully price can return back to the all time lows. In case price doesn't, a entry order to get filled in the market could be place at the top yellow dotted line or in the grey area rectangle box. In all eyes, sprint is clearly under value, if it were trading at 4 bucks again.

tradingformoney

Possible kumo bounce on the 4 hour GBP/USD. Price is currently at support 1, stop needs to be at support 2 or slightly beneath the support 2.

tradingformoney

Price looks to head towards the bottom channel trend line. If shorting be cautious on your target because the bottom channel trend line is going up which shrinks your target.

tradingformoney

I am paying close attention to this index. If price breaks the kumo (depending on what happens with the break and where price is related towards a resistance area) then this index may gain some momentum towards a medium term support.

tradingformoney

the call out colors are color coordinated with the horizontal colors to explain the chart in detail. ( green with green, blue with blue, white with white).

tradingformoney

First, the ichimoku is indicting a possible long term trend to the upside. There is a future bull kumo cloud. A medium strength of a tk cross over. Price did climb into the cloud. 2 key pieces of information that the chart has shown is that price did close above the cloud on the 2nd of June. With that being said price has not been above the cloud since 2008 (...

tradingformoney

Price is at a resistance area. Momentum has established a trend line. However there needs to be a break below the momentum trend line. if the momentum can break to the down side, look for the market to gravitate towards to the prior support level.

tradingformoney

Price has gravitated towards a resistance area ( Prior swing low, along with the 24 ema). Stop is at the 52 ema. Risk to reward ratio is 2.41 Target is at the recent swing low. Reasons of why I use the numbers on the ema's. 24: there are 24 hours in a day. 52: 52 weeks in a year. 365: 365 days in a year.

tradingformoney

Price has established a pennant with a kumo break. Price has not been under the kumo since 2002 Possible continuation to the downside.

tradingformoney

Recently I read Beyond Candlesticks By Steve Nison. The reason I find this information published by this author significant is because the book is required material by market technician association ( the organization that provides the certifications to become a charted market technician). With this certification you are allowed to have the series 86 exam exempt....

tradingformoney

Price is currently near all time highs, with low momentum. a break of momentum in either direction could lead into a decent directional move. Price and momentum have been ranging together for nearly 4 years now.

tradingformoney

Momentum broke out of a trend line. Previously the same momentum break out happened. The target is the same distance as the last break out leg, when momentum broke out. 2.68 risk to reward ratio.

tradingformoney

A fib ratio is lining up off of the current swing high and low if the market pulls back from these pivot swings. If the market can swing back to the 50% fib, then the market may proceed to the fib ratios where the 1.618 fib extension lines almost slightly with the 141.4 retracement. Also, there seems to be significant support zone slightly above this areas as...

tradingformoney

The momentum indicator broke a short term trend line with price at a resistance area. indication shift of short term momentum to the down side.

tradingformoney

Divergence is being shown on the ichimoku in the weekly time frame. The long term momentum is shifting to unstable now. Price is falling while the kijun is now rising. On the daily, the chart is beginning to show a kumo break however, price is above the cloud still, and its still above the kijun. Now if price does close below the kijun on the weekly. Price...

tradingformoney

While Yum has been seeing there after tax profit margins decrease, there cash flow has increased. Last month the stock dropped from the $81 range to the 68 dollar range in one month. Which is what I would like to point out, because the free cash flow is at 865 million dollars. Inside the green trend line, price has been at the $68 dollar range but the company had...