Get started

Shorttrade

My Thoughts on the EUR/USDHere are some of the notes I had put down since 2020. I am wondering how long the EUR/USD can hold above the 1.05 lvl . The Federal Reserve is on a path to keep hiking, in hopes of combating inflation and winning on that front. The ECB is stuck between a rock and a hard place as inflation is still extremely high and the economy is barely above water. I think price is going to at least hit 1.05. I am a little skeptical about price hitting the parity level again, at least in the first two quarters, but in the future I think the EUR/USD will like break below the parity level again. Jan 10, 2020 -Focus EUR, GBP, NZD, CHF, ECAD, ZAR, maybe CAD -EUR Likely to push higher during first month or two because price will likely move with GBP, USD experiencing with Manufacturing, US/China Phase One Deal take a few months to show signs of improvement -I will focus on when the EUR drops -thinking price will push to 1.13, then turn around, especially if there is a war with Iran/Iran conducting terrorist activities -if price pushes to the 1.14, my focus with this pair will dissipate and I won't be trading this pair -If price pushes above 1.15, holds for a few days, and doesn't push back below 1.1450 and stay there, then the trend is broken on the down side, price will likely push higher, to around 1.18/1.20 by end of year, if this happened before or during June May 21, 2020 -thinking EUR will push lower -monthly chart pattern showing price may push higher pretty significantly, but fundamentals/market sentiment posting says otherwise -doubt that the ECB will want EUR to appreciate -to push higher, virus would need to subside greatly or a great deal of confidence in a cure/vaccine -EU countries would need to recover Jan 10, 2021 -PT EUR 1.40, CAD 1.20/1.15, GBP 1.50, JPY (want to stay in for as long as I can, price likely to drop to 102), AUD 0.80/then to 0.70, NZD 0.75 then to 0.60, CHF 0.80, ECAD 1.45, ZAR 9.20 -Some prices likely to take more then a year to him my targets. Prices that might hit this year are CAD, AUD, NZD. CHF may hit 0.80 this year, JPY 102 may be broken -No current strong plan Mar 14. 2021 -target 1.40 -monthly chart showing double bottom almost complete, within a monthly inverse H/S -Will price pull below 1.16, I don't see it as stimulus might be the new norm this year -If inflation starts raising considerably/US economy recovers quick, then price will likely push lower, past 1.16 to 1.15 -I think though price will push higher this year, maybe hitting 1.30 Jun 06, 2021 -US economy is open up slowly -ECB is still holding onto the PEPP and has not distributed yet -ECB still looking to be dovish -Price likely to range and whipsaw -FED and ECB not diverging like in 2014 Jun 28, 2021 -price is trading near 1.19 and may break lower because of divergence between FED/ECB -price target 1.15 Oct 13, 2021 -I think price is going to push lower because of the FED and ECB divergence -price having trouble pushing above the 1.20 lvl -the 1.05 or at least the 1.08 might be hit faster than I think -shorts are becoming stronger and stronger -price might drop to 1.08 by Feb 2022 -I doubt 1.20 will be hit because if price breaks below the 1.15 and hits 1.13, the 1.15 will be hard to break -if price is able to stay below 1.15 before Nov, price will likely hit 1.10 Dec 31, 2021 -Said I would only focus on: CAD, JPY (PT 120), ECAD (below 1.40), ZAR, GCHF -No current strong plan Feb 12, 2022 -I am going to stay out of no matter how price is moving -Reason, ECB hinting at being hawkish -only use as a hedge May 07, 2022 -price having trouble pushing lower -I think price may hit parity as sentiment surrounding USD extremely strong, ECB having hard time balancing Russia/Ukraine conflict with its economy and inflation -hints of ECB raising rates in 3rd/4th QTR this is what is going to start price recovering -price may be able to hit 1.10/1.15 if the ECB becomes very hawkish -staying out of the pair for the year Jun 10, 2022 -EUR is a risk currency and could push lower if recession worries increase -majority of central banks raising rates quickly, slow down inevitable -not concerned with this pair and going to stay out for now Aug 07, 2022 -stuck between raising rates and fighting off a recession -in short term I think price will push higher, but won't last for long -if interest rates increase, borrowing costs will increase, ECB has tool to fight this, but will still cause inflation Oct 16, 2022 -I think EUR is going to push lower, but in the short term higher -price on monthly chart is bouncing/testing support of monthly descending wedge, coupled with ECB likely to raise rates, might push the EUR higher -other hand, price could break lower as EZ heads into winter, Russia cutting Oil taps, causing supply crunches Nov 20, 2022 -I think the EUR and GCAD are going to push lower Dec 07, 2022 -working on getting into building my portfolio -looking at building in the EUR, GCHF, GCAD -EUR might push near the 1.10 -EUR going to experience some pain similar to UK, -manufacturing/industrials showing some growth -build into GCAD first then EUR, then Silver Dec 11, 2022 -descending wedge holding -if continues to push higher, might be able to hit 1.10, possibly around 1.12/1.14 (testing resistance of descending wedge) -price also forming an inverse H/S, if correct, price may B/O and push to the 1.22 before breaking lower -EZ close to being in a recession or in a recession already -double digit inflation, could cause ECB to raise rates quickly -ECB looking to possibly stop or reduce asset purchases which could push price higher -wages also increasing along with housing prices -Manufacturing/Industrial growth low -I think EUR will push up initially because ECB will have to raise rates quickly, and FED and ECB might eventually diverge
Short
by DollarSaenz
1
WFC - Bearish but Dividend PendingWFC is up about 10% over the last month and even more since Dec of last year, however the weekly price closed down last week, and is now down two weeks in a row. Several bearish indications are suggesting a pull-back in price. However WFC will issue a dividend payment to shareholders on March 1st which is supporting the current price. Overall the WFC price appears to be breaking down/out of a multi-week wedge. I see limited upside and near term downside due to QT effects and overall liquidity issues in the market, and more specifically for WFC due to the reasons listed below. 1. High volume resistance associated with a significant +12% sell-off week of Feb 5th 2018. That week WFC had closing price of $47.57 and a low of $47.35. WFC has tried and failed to move through this area for the last three weeks. 2. Significant sell off at/near current price occurred in early 2020 - associated with 'global liquidity issues' a few months before the COVID crash. Week of Jan 13, 2020 WFC's price dropped over 6% on significant volume, falling from $48.35 to $45.28 adding significant resistance at/near current price range. 3. Trendline resistance - Trendline drawn off Jan 2018 and Nov 2021 highs and other significant trendlines continue to cap current price. Further, mid-line regression trend resistance is in-play as measured off the Oct 2020 low. 4. Potential double top formation. A double top with a re-test of the recent Nov 22 highs is currently in play/occurring for WFC. 5. Bearish Volume Trends - Buyers appear to be exiting in mass on the weekly timeframe. Similar trend as seen in late 2022 and early 2023 when the WFC price dropped by over 20%. Also of note - WFC was one of the stocks that dropped like a rock at the open on January 24th of this year and was "halted" with many trades being cancelled - not exactly sure what happened that day but I see it as a potential sign of things to come. Generally looking for WFC to move down during March 2023 after the $0.30 dividend payment on March 1st. NFA!
NYSE:WFCShort
by Akksujean
Sorry AAPL lovers - the STOCK is set to fall this week The AAPL stock has been moving up really nicely from 125 since the beginning of this year. Unfortunately it has come to a point where the market is telling us it has no energy to move up further. Here is why the stock is set to go down. 1) There is strong resistance at 155.10 to 157.80 2) There is a triple top in H4 with divergence 3) RSI is overbought on H4 and D1. The reality of another round of rate hikes in March (Perhaps another 0.5%) has also spooked the market. Inflation isn't abating with the last one being at 6.4% which was higher than the Fed and market expected so don't be surprised if we see a few weeks of weak stock market movements. As for me, I will go short on the stock with stop losses above 165 and aim for the 125 price range.
NASDAQ:AAPLShort
by JD_TeenTrader
VEDL Stock Retraces to Rejection Area After Breaking SupportVedanta Limited (VEDL) stock has broken below its support level and has since retraced back up to a key rejection area. This rejection area may indicate that the price is being rejected at this level, suggesting that it may continue to move downwards in the near term. Traders and investors should closely monitor the price action around this area for potential trading opportunities. Factors such as news events and market conditions may also impact the price of VEDL stock, and should be taken into consideration when making trading decisions.
NSE:VEDLShort
by TRADING-NASA
EURUSD LONGERTERM (W) SHORTHere's another style of trading it plays upon the overall smart money concepts. Measured Move W/ 7% Extension aligns perfectly with the 88% Fib Mark which its played off of twice previously on the weekly. Looking for the first trade to take us up to entry and the second to drop the price off the face of the chart. Make sure to risk 1% as this will give you up to 38% feel free to grab as many percents as you can! 1. Measured Move Repeat 7% Ext 2. 88% FIb level aligns with Ext 3. 88% fib level played out previously 2x on weekly 4. Long-term Bearish 5. HL - LH, Hl, LH Patterm 6. Broke the previous lows/Now Retracing/looking for next lower high
Short
by jonathancarlucci
3
📉 Short Trade Idea on BTCUSD: Targeting $22,800Hey traders, 👋 I've been analyzing the BTCUSD chart 📈 and I believe it's a good time to open a short trade 📉. My entry point is at $24,630 💰 with a take profit (TP) target at $22,800 💸 and a stop loss (SL) at $27,900 🛑. Based on my technical analysis, I expect the price to decline in the short term before potentially bouncing back up 💻. Hashtags: #BTCUSD #shorttrade #technicalanalysis #tradingsignals #crypto #bitcoin
CRYPTO:BTCUSDShort
by ss7trader
1
AUDUSD Short Trade Idea: High U.S. Inflation and Hawkish FedThe AUDUSD pair is currently under pressure as a result of stubbornly high U.S. inflation and signals from the Fed that interest rates may need to be raised for a longer period than previously anticipated. We are looking to take a short trade on AUDUSD at 0.68977, with a take profit target at 0.67519 and a stop loss at 0.70014. This trade idea is based on the potential for the U.S. Dollar to continue to strengthen, while the Australian Dollar may weaken due to concerns about containing inflation. #AUDUSD #shorttrade #USinflation #hawkishFed #tradingstrategy 📈📊💰
Short
by ss7trader