Kangaroo-Market

Kangaroo-Market

noticed an interesting fact, that a stock or any other instrument will find its bottom on ugly news and its top on good news. trying a long here and see what will happen. I believe that Charlie Munger had his reasons :)

Kangaroo-Market

there is no other way but to buy this dip :) trying to accumulate as much as possible and see where it will be in 5 years

Kangaroo-Market

it is interesting how this pair has these patterns the down moves are nearly the same :) trade safe!

Kangaroo-Market

seems like we arrived at the bottom of the channel we will form another channel to the downside or we will maintain the same PA? I will go with the first way considering the position in which $eur is right now

Kangaroo-Market

let's see if the current price is a retest; current RRR is 2:1 remember to take some profits if trade is profitable

Kangaroo-Market

looking forward to buy this chart probably it will be a dollar-cost averaging with some leverage

Kangaroo-Market

there is an HSI idea with going long a few weeks ago.. I was wrong :) now it is a better chance to accumulate some long positions; as I marked on the chart, there are 3 ways to go; as you know, the lines/channels are there just for guidance

Kangaroo-Market

seems that in the past usdmxn was a good buy during the market retracements I am accumulating slowly some positions

Kangaroo-Market

after such impulse i believe that we can go lower; at least to the level marked on the chart

Kangaroo-Market

looks like the price is heading to 1.36; still thinking about the SL; not enough strength to stay above 1.4; it can go also to 1.3?

Kangaroo-Market Updated 

seems that when options expiration are coming, indices are going down for some time; I am still short nas100 since last week; seems that we are having a strong support at 15400; it was tested a few times, if it breaks, we have one more reason to go to 15100, but be careful for bear traps :) let's see; all these arguments can't mean that nas100 can't go up from...

Kangaroo-Market

seems like the momentum to the downside is fading; considering this a buy on the short term and the long term also

Kangaroo-Market

I believe that this is a very good buying opportunity for midterm/long term traders

Kangaroo-Market

the data was bad, but not that bad; maybe it was a emotional reaction; we saw this scenario a week ago, when the dollar was weak on Friday but Monday got back on track;

Kangaroo-Market

-with such bearish price action I won't be surprised if we hit the 1.9 level -one barrier can stop us from going to that price is the 1.92 level

Kangaroo-Market

I don't know how the PA will be, but I am bearish until we hit the 1.84 level :) having that invalidation for 1.89, tells us that we are not going to that level any time soon(I guess)

Kangaroo-Market

we are currently at the top of the bigger channel; also, these 2 fake breakouts are obvious; didn't hit the base of the bigger channel for considerable amount of time already;

Kangaroo-Market

this is an opportunity for going long we can go long now, we can wait for a retest of one of the zones remember that I am not a short term trader :)