Trade Management
UK100 anyone? UK100 also an instrument we trade with the strategy....
TP hitting overnight on this one... +2% gain
GBP/USD: Is this the end? 👀The British Pound gained much value against the USD and rose all the way up to the yellow target area. That being so, we believe that the green wave 5 is completed. From here, the Pound should lose value again, bounce back and then move further down, as it is indicated in the chart. As long as we stay above $1.3483, we do not see any dangers for this scenario.
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0 to 100… Real Quick! ⚡Rumors about a potential run on silver surfaced some while ago on Reddit. At the end of last week, the run started and the silver price made a first jump on Thursday, followed by another sharp increase on Friday. Starting this week, we are experiencing another drastic increase in the price for silver, which also what we expected a long time ago. 😏
Now, it is important that the price does not fall below $28.10. In that case, we will see the price rising above $33. After reaching this mark, we can expect a corrective movement.
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XRP - 2021 starting beautifullyKey:
Purple = weekly
Blue = Monthly
Orange = Daily
grey = 4hour
pink = 1 hour
4hour XRP
The chart shows us:
Maxed out upon a weekly level to year highs of 0.792* rejection upon a fractal .
with a strong bullish movement, a potential correctional movement can take place in the run up to the holiday season in which we have seen a whipsaw effect taking price back to the demand zone.
What happened Saturday 30th January 2021 or Sunday for APAC weekend session?
We saw the price touch into the imbalance zone of $0.51XX
Price has created a new imbalance at $0.38 whereby the previous liquidity supplies acted as the range top on multiple occasions, however this has now become a demand imbalance where price will look to for further touches for longs.
Keep track of the US impact for the stimulus bill and further pumping of data on unemployment. - the stimulus package has now been agreed for $900bn and the vaccines are now rolling out XRP does not directly link to the USD but the chart is now providing probabilities of longs as the consolidation period of XRP is around one year long despite the recent XRP issues with coinbase and US regulations.
See the original idea here:
The US market is looking to continue growth upon the federal spending and position itself with forecasted growth into 2021.
As with the Cryptocurrencies - expect this take gain further traction.
Zones to watch next.
$0.61 - 0.65
Expect targets to be $0.80 and for longer term investment methods up to $2.00
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Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners through to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
Oldman Sachs 👴🏾Reddit, WallStreetBets, GameStop, Silver, Dogecoin, Shortselling, Twitter and so on. These key words are currently dominating the financial world. But what comes quickly, fades quickly, too. Let us not be distracted that there are thousands of well-managed and strongly positioned companies that await your investments. While many assets’ future already are gambles in themselves, there are some assets that have withstood time and will almost surely back you in retirement or pay off your children’s and grandchildren’s tuition fees. One of those assets is the Goldman Sachs stock. Currently declining, there might be a great opportunity opening up for an entry within the yellow box. Between $260.49 and $269.12, we expect a turnaround and a soaring Goldman. On its way up, it will surpass the marks of $281.90 and even $317,76, aiming for new peaks. It is important to note, however, that the price should not drop below $260.49, in order to keep the current scenario alive.
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