The UK EU Referendum has presented significant discounted buying opportunities, with many blue chip names anywhere from 5-15% down in the last 2wks. The uncertainty regarding the UK position in the European Union has pushed investors to see Gold, Treasuries and JPY, whilst fleeing risk equities. - IMO the next week or two will form a trend of oscillating...
PRICE ACTION TRADING. STEP SIXTEEN Find a supply and demand zone. STEP SEVENTEEN Find a PINBAR at demand or supply zone. STEP EIGHTEEN Add RSI 7 Close on your chart, and check if it is above or below 70,30 zone. ( Overbought or Oversold ) STEP NINETEEN Check for round numbers 1000,1100,1200,1300,1400,1500 STEP TWENTY Check the MACD indicator...
CHF too expensive in EUR terms I expect a rate cut by the SNB.... if not...they will intervene directly.
My FX portfolio currently consists of : - 2Long x USDJPY @ 106.8; 2Short x GBPJPY @ 151.2 (dynamic hedge for long UJ); 2Short x GBPUSD @ 1.4570. I will add to my short GBPUSD holdings if i can get a similar price & I may add to short GBPCHF or EURCHF downside if markets make a turn for the worst as IMO CHF denominations are under-priced relatively (as discussed...
PRICE ACTION TRADING. STEP ELEVEN Find a supply and demand zone. STEP TWELVE Find a PINBAR at demand or supply zone. PRACTICE,PRACTICE,PRACTICE AND PRACTICE SEE YOU AT NEXT VOLUME !!
JUNE PROMO: www.StarProsper.com PAIR: NZD/JPY TIME-FRAME: 15M TRADE: BAT PATTERN NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
We can see that support trendline from December 2015 is still active. The NFP on Friday price push to channel middle line. We are looking for retrace to strong weekly supply zone and BRN 1.1500 then we will looking for short call. The risk reward ratio is very good. Long term we looking for break monthly demand level @1.0570 and to go down to 95.000 or 93.000...
Finally Gold completes the market risk-off 3 for rallying... we not have JPY, BONDS and GOLD all rallying - this completes the set of 3 -riskoff indicators, we are now in full bear mode for stock markets imo.. as you can tell from the US Treasuries and JPY, these riskoff assets have been gaining value for some time, gold has been lagging behind but today...
somethings not right - All time low volume too, JPY booming, Bonds rallying - low liquidity is artificially driving the market up??? The market will tank soon... the financial conditions are gonna tighten like post 2009 this bull move isnt backed by non-risk assets in true bull markets we see 3 things 1. Low GOLD 2. LOW JPY 3. Low US Bonds today we only see 1....
Notes: Technical markers on the chart, and are pretty straightforward. Original idea is linked below as well as the original Long trade.
There is a growing queue of IPO's which have not gone public, they cite market volatility. Looking to the IPO ETF we can see those who have IPO'ed into the volatility have underperformed considerably
As volatility is becoming more violent and frequent and generally on the rise, the source of alpha through XIV ETN products which shorts second month VIX futures to buy front month futures back is becoming less stable. Whist the VRP (Volatility risk premium) remains technically, the period of rough water will err on the side of the statistically unlikely in terms...
Just a quick Bat pattern setup on GBPUSD. Came right back into previous structure with RSI oversold. Now seeing nice divergence and a triple bottom. Shooting for conventional targets at 38,2 and 61,8 retracement of C-D. Stops have to go below X. As always, follow your plan! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
highest highs reached for 1 hour chart stochastic is also too high so sell/ candle closer to 9 ema. RSI is overbrought too
-NEW SIGNAL- INTRADAY TRADE POTENCIAL SWING TRADE Type: Market Date: 30.5.2016 Technical: DAILY TRIPLE TOP Pair: GBPJPY Timeframe: DAILY Trade: SHORT Entry at: now 162.684 Take profit 1: 155.381 Take profit 2: OPEN Take profit 3: OPEN Stop loss: 162.951 ( 25 pips ) Our risk: Touch trades/Wick plays = .25-1% risk depending on the situation
PETR4 Potencial AB = CD pattern might be forming on the daily chart, giving us a 8:1 Reward to Risk ratio, which is nice. - Support @ 8.00 - 38.2% Fib Level - Black MA acting as Support
After seeing a very strong bullish move up into Strong Resistance area, we are seeing a bearish break out trade forming on the 1H chart looking @ 45 Point stops - 45 point TP1 + TP2 ? ? ?
After seeing price show strong bullish run... looking to take this counter trend trade set up on this price break of 2.0333 1:1 60 points 1:2 120 points 1:3 180 points @ 618 retracement Stops ' @ 2.0394 (60 Point)