RBL bank : Buy and Hold for months !!Hello friends, it takes hours to analysis charts bt likes take a second if you really like my ideas then like us and comment us for any queries.
If you are a CNC lover then you can invest in RBL, Now it's below the lower value and after continuously dropping and makes 0.618 fib level completed their 5 the wave.
Now its time to move toward control price Expecting good returns from it !!
All fib levels are targets
Thanks
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Banks
Wells Fargo $WFC is bottoming?It broke the downtrend line got above 50SMA and pulled back under 50SMA till to downtrend line. RSI is just above 50 and if it succeed to hold above the uptrend line the target price will be $30.46
12 month consensus price target is $39.11
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
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Remittent 10-Year Journey of Turkish Banks #1 (Akbank)
Akbank, one of the largest banks in Turkey have devalued -86.18% in last 10 years against United States Dollar .
Even though most of the Turkish Banks are listed cheaper than a bottled of water, why foreign-investors still keep liquidating their positions?
There have been many political, economic and geopolitical changes since 2010 in Turkey. Whilst these have been never seemed an issue by Turkish people, liquidation of foreign investment capitals from Turkish Industries proves that we are getting closer to the light at the end of the tunnel.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
USDCAD short - Supply Demand - h4 - Next setupHello Traders!
Cheers on the last USDCAD Analysis. It hit our Take Profit and now I got a new setup for you.
Price formed a new Supply Zone. If we will get a nice h4 candle close in the Supply Zone i expect the price to drop.
#1 target is the Support Level
#2 Target is the Demand Zone
Trade with Price Action Confirmation as always.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
The greatest PONZI scheme in historyNever in human history have so many been plundered by so few. And the crowd cheers...
"Paper is poverty. It is only the ghost of money, and not money itself." - Thomas Jefferson
"In no country of Europe," a delegate noted, "is paper money legal tender, but only gold and silver coin."
US constitution section 10 article 1:
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
They try to make those that say it is in the constitution that FIAT isn't legally money look like idiots, they call them conspiracy theorists.
Isn't that what this article says? Either way, the ponzi scheme - which the US government accounting agency has called unsustainable for decades (every year they publish a report where they say the same thing) - is about to collapse.
The scam has been made complex enough so very very few will understand it, and the few that do understand it can be dismissed as "weirdos" and "pariahs", which luckily for the banks is already the case since the smartest people in the world, the 1 in a million are by definition alone misunderstood and appear weird to common folks.
I can't explain this perfectly, and the greatest obstacle, the reason why this ponzi scheme has kept running so long is because people are too dumb to understand it, and don't care but they don't care because they don't understand how hard they get scammed.
I posted this several times but it's never super clear.
I found a clean video where it gets explained quite well, and on top of that he manages to resist the urge to get arrogant or insult the public, which is completely impossible for me.
"The Biggest Scam In The History Of Mankind - Hidden Secrets of Money Ep 4" by MIKE MALONEY.
And not just for novices, I recommend this to every one that hasn't watched it yet.
We really have to get rid of our bank overlords.
Here is a list of some countries spending to GDP. France is at the very top of the list of course, they almost make the USA look reasonable.
tradingeconomics.com
There is a bigger list on wikipedia.
Capitalist countries steal the most from their population to "redistribute" (redistribute to the public what they stole from the public one way or another).
Socialist countries steal the least from their population to "redistribute".
Biggest scam I have ever seen in history.
Haha France is the biggest spender but the shithole with the largest deficit is... tada! Venezuela!
In 2020 I expect the USA to steal the top spot in both categories from France & Venezuela.
The USA have not just robbed their own people, but also the whole world (because the USD is the reserve currency), so that scam is going to collapse too...
They have taxed the world for decades, and when that falls alot of indirect income is gone. Which will make the depression much tougher for them. And interest rates are already at zero.
It's an absolute catastrophy for this country, they have no way out. It's going to go boom!
$BAC Possible PUT OptionIt looks like $BAC (and the banks) are set for a lower session, and we could see $BAC move towards $21.....lets see what happens!!
.....Current BAC Aug 20 - 20 PUT are trading at 1.25 and are up 12%......#FranklinCap.....If you would like to see more of this from Franklin Capital hit the LIKE button and Follow Us!...Thanks!
(PS for those that looked at the Air Canada BUY yesterday....a cool 23% came your way!)
Look out below. Financial sector is sending huge warningThe financial sector is sending a huge warning to all skilled technical traders. You think this big rally in the NQ, ES, YM and other is really the bottom of the market?
The stock market is based on perceived forward earnings, guidance and performance of individual stocks/companies. The COVID-19 virus event has blown a huge hole in the bottom of our boat. 40+ million US working out of jobs. Income levels dropping. Stocks rallying? WTH?
The reality is that risks are quite high that a broader economic collapse will take place over the next 6+ months as the real collateral damage comes into view.
TRAN and XLF are showing that the markets are not stable. HUGE risks continue just below the surface.
You have been warned.
WELLS FARGO ($WFC): Are They Gonna Send this Back to the 1800's?✨ New charts every day ✨
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Depressing revenue and earnings predictions and a potential dividend cut aside, it is hard to justify shorting the big banks. Despite this, Wells Fargo's chart looks particularly bearish. While it is likely WFC will preform well in the future, it looks like for now this company founded back in the 1800's is about to get sent back to the 18.00's or lower. Given that, let's look for a short setup.
Resources: www.earningswhispers.com + www.marketwatch.com
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1. Fractal Trend is showing a downtrend (Maroon bar color) on the Daily timeframe chart. This makes sense given how the big banks have struggled in terms of share price while dealing with COVID.
2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon) and/or bearish S/R levels plotted by Directional Bias (Maroon).
3. As you can see, we are close to getting a short entry from the strategy at R1. The goal here is to see a rejection of this level and continuation to the downside.
4. The target for this move is S2, although we will look for reactions at S1 and consider scaling a portion of our position off there to lock in profits.
5. We will exit this trade if our stop is reached or if Fractal Trend signals an uptrend (Aqua) while our trade is still open.
With all that said, it should be noted that a drop of this magnitude for the big banks represents a move not seen since 2009 back in the wake of the Financial Crisis. Thus, even though the setup makes sense, it also makes sense not to be overly aggressive with this short's position size and consider it more of an overall market hedge.
GBPUSD short - Supply Demand - h4 - Update (Power of S&D)Hello Traders!
Great moves on GBPUSD. Price dropped down like expected. This is the power of Supply Demand. Cheers my friends.
What now?
My bias for GU is still short. We moved down from a h4 Supply Zone and we are right now at a h4 Demand Zone. From here we can expect both scenarios. If we do not have enough liquidity in the market price will push up to grab some more from the Supply Zone. Otherwise we will see a break of the Demand Zone.
Recommendation
Watch the market and enter at a valid Price Action Confirmation. I do not recommend to buy it. I would only consider to short it. If price will push higher I am happy because we have the opportunity for a bigger short trade.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
GBPJPY short - Supply Demand - step by step - How I am analyzingHello Traders!
Today with a Video Analysis on how I am analyzing Supply Demand on my charts. Watch the whole video I share here different types of information. I hope you will enjoy it.
Content:
#1 bigger picture (higher timeframes)
#2 market behavior -> Correction
#3 last analysis
#4 trade with the trend
#5 trading plan
- Swing Trading
- Scalping
- Daytrading
#6 how to trade it?
#7 Trading Strategy
#8 Trend Lines
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content.
Write down in the comment section below are you short on GBPJPY? What trading plan do you have? Are you a Scalper, Swingtrader, Daytrader?
Thank you and we will see next time
- Darius.
Lower rates = worse bank profitability.Hey.
I'd like to talk about the effect of lower interest rates on something called 'net interest margin'...
In other words, how banks make money.
The chart attached shows US commercial banks' net interest margin (blue) versus the target Fed Funds range (white).
Net interest margin (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their (interest-earning) assets.
What can we see from the chart?
As the Fed Funds target range decreases, bank net interest margin does as well.
Currently, there is talk of going negative, and just last week, Fed Funds futures priced in negative rates for the first time ever for the Dec 2020 meeting and the Jan 2021 meeting.
This is important.
See, if people are of the opinion that lower interest rates will lead to less bank profitability, then they are likely to short financial stocks.
And if people are shorting financial stocks, it can lead to a decline in lending and liquidity in the economy - which leads to dampened demand.
Over the last few years, a type of bond known as an AT1 (Co-convertible) has been used to try to sure up bank common equity tier 1 (CET1).
This gives regulators a gauge of strength of the financial institution in question.
It works like this...
The investor buys the bond, and if the share price of the bank falls to a certain level, the bond is converted into equity to prop up the CET1 of the bank.
The problem is that these investors (mainly hedgefunds and sophisticated investors), are alpha seeking...
In other words, they will hedge the delta of the decline in their bond by shorting the bank stock.
This creates a bit of a doom loop on two fronts, firstly by removing the validity of the AT1 instrument, but secondly, the decline in net interest margin leading to the shorting of bank stock and the incapability to adequately lend.
Markets and economies function on liquidity, and without it, we are in serious trouble - which explains the lengths to which governments and central banks have gone to liquify *everything*...
And why equities just keep going up...
See lower rates and more QE lead to equity risk premium compression - that is, the premium paid to take the risk of investing into higher risk assets versus simply staying invested in riskless assets (such as government bonds) - and ends up with investors piling money into equity markets.
If the perceived risk of investing into equities is a tiny bit greater than staying invested in risk-free assets, then you will get into equities.
This is exactly what has happened over the last 10 years - and it's why the market threw a fit when the Fed tried to raise back in '18.
Passive long strategies have become the norm - buying ETFs such as $SPY and simply holding - and this also affects bank profitability; less trading = less commissions paid to the dealer.
This is one reason why so many banks have moved into high frequency market making activities - Volcker prevented them from prop trading, but allows for market making (which in the high frequency trading area is largely still prop trading, although trying to prove that is tough).
Jerome Powell is expected to push back against negative rates tomorrow, and the rhetoric leading into this from Fed members has been that they do not like negative rates.
It remains to be seen, but real yields across the curve from 1y-30y are currently priced negative...
So what's the difference, really? (tongue in cheek).
XAUUSD short - Supply Demand - Moves like expected 200pipsHello Traders!
Great moves on Gold. It went like expected. The price went up to the Supply Zone to grab some more liquidity and boom it dropped 200pips in a short time. Very nice
What now?
For me price is between a Supply and a Demand Zone. I expect the price to drop more down. The final target for the short position will be the Demand Zone. From there we can expect movement to the upside. But also we can break the Demand Zone and then moving more to the downside. But I would wait for a Confirmation like a break and a retest before I am adding or entering shorts again. We will see. I will give an update for that.
So for now for those who are in the trade set your SL to entry and have a risk free trade. Also put your Take Profit at the Demand Zone.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.