Euro STOXX ritorna a puntare quota 4000Ho aperto Long. Poche storie, vaccinazioni e stimoli monetari porteranno l'indice a quota 4000 e oltre.
STOXX50 trade ideas
EURO STOXX 50 #RRR 1:4 Short Setup LL and LHHI BIG PLAYERS,
on EURO STOXX 50 I found a nice LL and LH signal for shortsetup.
In 1 h chart the last low breakdown the previous low and in the 15 min chart it seems also like a lower low and a lower high.
The RRR (Risk-Return-Ratio) would be 1:4.
Kind regards
NXT2017
EuroStoxx: divergence with RSI but...Hi Guys,
the divergence with RSI does not mean EuroStoxx will drop. It only shows that despite sentiment declining, index value keep going up.
Where are the opportunities?
Please share your views and comments below.
Thank you for your support and for sharing your ideas.
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumstances.
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
Euro Stoxx bulls unleashed on vaccine newsWith positive vaccine news i anticipate big rally on euro Stoxx.
To hedge long positions - Eurostoxx50 As you know, I was looking at the market yesterday after taking profits on the swing up, contemplating whether a short hedge was right.
SPX/S&P500 and US100 (Nasdaq) aren't feasible for short/put options, but as a hedge, look to Europe.
Europe are full of cyclical stocks and their banking sector is particularly weak.
Purely as a hedge against remaining long positions which can't be closed for costs reasons, I personally am getting this on in Options Puts, month end (20 November) slightly out of the money.
LONG ON D1In this analysis we are doing dimensional evaluation of the individual waves,
The swing naming A, B, C, D are not related to harmonic patterns, they are just for referencing for us to identify the swings,
Magnitude of swing AB = 173.28 units
Magnitude of swing BC = 115.54 units
(AB + BC) = 173.28 + 115.54
= 288.824 units
288 units is the 2nd square of 12 as per Gann squares, that means AB and BC are two halves of
a composite vector, or a unit string ending at point C
Magnitude of AC(swing from A to C) = 234.18 units
233 units is the 13th sequence number on the Fib series which indicates a nodal point.
This node end at point C
So at point C we have two sequences converging and this usually signals a change in direction,
more like a wall where a ball will bounce back. So we have a valid support at C currently for a reversal back up. Stop loss should be reasonably below point C
EU50Nice head and Shoulder formation. Just retested the neckline so get ready to sell.
Please share your ideas, would like to hear from you.
ridethepig | Stoxx 50 into the elections and beyond📌 STOXX 50
The purpose of the operation here is a clean and simple 5-3-5 sequence to the downside which means the lows are still exposed to another flank attack from those accompanying bears.
This is a very important few weeks and months for volatility and in a roundabout way we must take full advantage of this while it takes place. I don't consider the manoeuvre here to be any different from the elementary operation we took at the beginning of the year in European Equities as we are in the same complacent environment with covid escalating out of control.
As we have discussed together before, the herd must always be wrong and recognising this and the misconception of the v-shapers can only lead to an eventual test of previous support. To the topside, invalidation will come via a closing breach of 3490/3500 as this is the level which is protected via its own barrier.
Thanks as usual for keeping the feedback coming 👍 or 👎
EuroStoxx bearish ideaWell, the situation in Europe isn't pretty. Let me highlight a couple of issues.
Slowed economic growth
The Euro zone had registered slowed manufacturing growth way before COVID19 hit. The pandemic just hit the nail on the head. The region is now experiencing an economic slow down compared to the 2020 summer season and this is going to affect the recovery in Europe.
Second wave of Covid19 cases
It's already officially that the continent is in the second wave of the pandemic. Lockdowns will further hurt supply chains in the region. However, a full scale lockdown may not happen as governments focus on specific localised targeting. Bars in France have been closed and Madrid is in lockdown (sort of).
Trade issues including Brexit
First, Europe is in the middle of a trade spat with the US. Well, Donald Trump has bully tendencies and hopes to reorganise the world trade order. Whether it's working for the US on not, we'll look into it on another day. However, it is hurting EU exports to the US. Exports to China, Europe's second largest export market, are not growing as expected as China has sort of refused to open up their market as agreed in an agreement between the two parties. China still has protectionist tendencies of it's steel and agricultural industries which the EU may be targeting.
This is just a few of the factors I'm following up with in Europe.
Technically, this index is slowly losing momentum after failing to recover fully from the February drop. On the Monthly chart, the 0.618 level is acting as a strong support.
It has been ranging in the lower timeframes hoping not to slip lower.
However, data may not give investors enough reason to hold on to the equity markets. We could see lower prices soon with the grim data. ECB intervention may stop this slip, but my money is on 3100 target 🎯.
