Q1 0.7 - 0.675 Over the last 2 months this price point has seen weakening buyer over time as we approach 0.675 expect a relief rally of sellers that have gotten in near the top of the quarter. 21 day 14 day Vwap These show us the momentum of the chart has been to the downside If we were wanting the best entry we would wait till price gets closer to the 14 - 21...
This was an interesting find using the EMA on Implied vol indicator. Looking at the technicals below the bar chart price has rallied 3 out of 3 times when this has happened during oct 2021 and April 2022. Along with the rallies have come the sell offs unlike the rallies the black EMA and the vix fix line track each other as the market sells off causing the red...
Weekly activity on the AUDUSD could turn bullish as the US asset markets rise. Keep a keen eye on the S&P500 AUDUSD correlation. S&P may be headed to $4200.
The SPX reversal to $4,200 provides an opportunity to learn from the pros and get back to the basics of trading. This means understanding the numbers and being able to buy things wholesale and sell them at a retail price. With this knowledge, you can be a successful trader.
63 day out look recap for the trading pair GBPNZD that I didn'tget to finish
Since April 13th, we have seen the GBPNZD trade between a range of 1.920 and 1.960. Quarterly trends: It's been 504- days (8 quarters) since the price has moved above this price briefly, creating a wick on larger time frames. There have been 13 instances in the past 53 days where the stock price has been at or above the 252-day average price (4 quarters),...
Lets see if this works out, looking for a 5 cent move from 1.30 to 1.25 (around this number.)Then a move higher.
Recap of last week and an update to what I expect to see this week.
EURNZD This trade has broken away from its correlations to GBPAUD and EURAUD preforming as one of the best pairs in the last 24 hours. This was to to an inefficient price rise that seen EURNZD rise above its efficient range. For the next moves in this pair and its correlations we look to sell those corresponding trades. For the EURNZD we are looking to take a...
This video I attempt to line out how I see both sides of the GBP/AUD case working out
Looking for weakness out of AUD the the possibility to test 10 day vwap
Time will tell but I like the EUR AUD over its 5 day Vwap and contracting volatility perfect recipe for a move higher
Sorry kinda went with the flow after discovering I was looking at a 4hr range and not a daily range.
Looking for this pair to hit a couple of key areas. Firstly we are bounded by two prices in this charts movement with 1.775 top and 1.7325 bottom, we have been ranging from these two areas for a while and will look for that to continue. If not and we break below the bottom we are looking at 1.70 as a point of interest to take profits on shorts and to wait to see...
GBP/AUD GBPAUD has been stuck in a range since the early part of May. This has been a pretty clean trade from range high to rage low. In my own terminology I would consider a range to be an efficient market, one that has defined top and bottom where markets have found equilibrium. These efficient markets can present a separate market characteristic this is...
When trading there is a few things that I like to look for this criteria has many names online yet when coming from me I like to explain this is these sayings inefficient, efficient movements. Efficient movements being what we have here highlighted in purple. The movement pattern that we see here is one of consolidation or contracting volatility. When...
Can we see the GBPCAD move higher. Looking at the GBP/CAD cross pair we have a 5 daily VWAP trend rising to meet the 15 day VWAP. The black box gives us an upper boundary where price has dropped from.
APPL has seen a move outside of its efficient area and an inefficient move higher. Longer term Inefficient moves have favored the upside, yet IF this efficient area holds we may continue to see APPL slide lower all of this is predicated on the bond markets movements, higher = higher stocks lower= lower stocks