Selling AUDCHF. Target - 0.7467On the M30 timeframe of AUDCHF double top patter was formed. The price has already crossed the Alligator lines and MA(50). Indicator oscillator AO is in a red zone which add strenght to this signal.
Trade specification:
Sell-Stop: 0.7547
Stop-Loss: 0.7587
Take-Profit: 0.7467
Bill Williams Indicators
Selling gold. Target - 1185.1Gold price is giving change trend signals on the hourly chart. The price has crossed the MA50 and indicator Alligator lines and formed a bearish fractal. Breakdown of this level would be an optimal sell level.
Trade specification:
Sell-Stop: 1197.5
Stop-Loss: 1203.7
Take-Profit: 1185.1
PYPL: Improving Chart PatternsFrom a technical standpoint, Here are the positives for-PYPL:
1. Currently a buy Fractal (highlighted in green box).
2. The top upper indicator is a 34 day moving average, and this is positive. Very strong.
3. The alligator is waking up and is feeding in the uptrend.
4. Prices are trading above the Ichimoku Cloud.
5. The Forward Momentum indicator (lower top) is reversing to a strong position. **
6. The Ichimoku Cloud is beginning to rise.
7. The 233 day moving average trend line is rising (this is a Fibonacci number).
8. According to Bill Williams, you can establish an entry point, again and again, with each new valid buy Fractal.
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for since the end of December, 2016. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
10. Prices are trading above the thick red Ichimoku Cloud conversion line.
11. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING HIGHER.
** The lower indicator on top is a forward projection. For an estimation of possible FORWARD TRENDING I use the Ichimoku Cloud Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)). This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary. I then make an oscillator out of this and plot the progress up and down around a “zero line”.
I HAVE THE RESULTS OF THESE CALCULATIONS FOR-PYPL IN THE TOP LOWER INDICATOR. IT IS VERY POSITIVE AND IS SHOWING IMPROVEMENT.
Negatives: $41.60 is a key resistance level. The Ichimoku Cloud has a red border. Possible bearish harmonic “W” pattern (October 24th 2016 to January 4th, 2017), but the configuration doesn’t match the symmetrical patterns for Gartley, bat, butterfly, or shark, but it is noteworthy. There is a class-action lawsuit against pending against-PYPL. This was on the news wires at 9:41 ET on January 13th, 2017.
I hope all of your trades go well. Don.
TTMI: Symmetrical Upside Continuation Breakout Likely From a technical standpoint, Here are the positives for-TTMI:
1. Currently multiple buy Fractals (highlighted in green box).
2. The top upper indicator is a 34 day moving average, and this is positive. Very strong.
3. The alligator is waking up and should feed in the uptrend.
4. Prices are trading above the Ichimoku Cloud.
5. The Forward Momentum indicator (lower top) is reversing to a strong position. **
6. The Ichimoku Cloud is rising, and the cloud has a green top border.
7. The 233 day moving average trend line is rising (this is a Fibonacci number).
8. According to Bill Williams, you can establish an entry point, again and again, with each new valid Fractal.
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for a long time. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
10. Prices are trading above the thick red Ichimoku Cloud conversion line.
11. Prices are trading above the Ki jun-Sen baseline of the Ichimoku Cloud and this has been HEADING HIGHER.
12. I believe that a “symmetrical continuation triangle pattern” has just been completed and the upside target is $17.60-$18.00 over the next 42 days.
** The lower indicator on top is a forward projection. For an estimation of possible FORWARD TRENDING I use the Ichimoku Cloud Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)). This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary. I then make an oscillator out of this and plot the progress up and down around a “zero line”.
I HAVE THE RESULTS OF THESE CALCULATIONS FOR-TTMI IN THE TOP LOWER INDICATOR. IT IS VERY POSITIVE AND BREAKING OUT TO THE UP-SIDE.
I hope all of your trades go well. Don.
Marcus Corp (MCS): Very Strong UptrendFrom a technical standpoint, Here are the positives for-MCS:
1. Currently multiple buy Fractals (highlighted in green box).
2. The top upper indicator is a 34 day moving average, and this is positive. Very strong.
3. The alligator is feeding in the uptrend.
4. Prices are trading above the Ichimoku Cloud.
5. The Forward Momentum indicator (lower top) is strong. **
6. The Ichimoku Cloud is rising.
7. The 233 day moving average trend line is rising (this is a Fibonacci number).
8. According to Bill Williams, you can establish an entry point, again and again, with each new valid Fractal.
9. The indicators under the chart (Chop, Chop Zone) have been green (up) for a long time. This is positive if you are long. But (important), when there is a draw-down, you can use this opportunity to establish your entry point, or, accumulate more in your position.
** The lower indicator on top is a forward projection. For an estimation of possible FORWARD TRENDING I use the Ichimoku Cloud Senkou Span A (Leading Span A): (Conversion Line + Base Line)/2)). This is the midpoint between the Conversion Line and the Base Line. The Leading Span A forms one of the two Cloud boundaries. It is referred to as "Leading" because it is plotted 26 periods in the future and forms the faster Cloud boundary. I then make an oscillator out of this and plot the progress up and down around a “zero line”.
I HAVE THE RESULTS OF THESE CALCULATIONS FOR-MCS IN THE TOP LOWER INDICATOR. IT IS VERY POSITIVE.
Possible negatives : slowing of upward momentum and a possible bearish AB=CD pattern.
I don’t think that these will be negative enough to stop the up-trend.
Conclusion , pick an entry point on a trending stock (or asset), and let the trend be your friend.
Good luck to you on all your trades. Don.
USDCHFOn Week TimeFrame Alligator sleep so long. Wait for power impulse for movement of price. On background the down_trend I think this impulse will be for down_movement. But on background of overall trend of rising USD against other currencies this impulse may be and for rising movement.
So, follow my signals on lower TimeFrame to not miss the definite movement of price.
Crude OilAlligator sleep so long. Its mean that we will have strong imulse. Price brokeout the fractal_based line for sell yesterday. So more likely when Alli will wake up - impulse will be for down movement of price. Set pending sell stop order on point of breakout fractal_based line for sell.
Follow my signals to take a great part of the trend when Ali will wake up.
Who is John Gold?Alligator woke up! Now we already in sell order (used previos chart for gold). Since Alli slept so long - probably will have strong down_trend. So, add pending sell stop order on breakout of fractal_based line for sell. Wait for red bar on awesome_AO to confirm the signal of breakout for sell!
11/16 TWTR Potential Long SetupIt's Wildcard Wednesday and TWTR is showing a potential turn for a low-risk, long entry either on the underlying stock or a set of call options with a .65 Delta or higher and 2 months until expiration. It has already tested the previous up fractal, but with a no-go on closing above. Once a market close occurs above that level, we'll look to submit a buy order. Otherwise, we're prepared for a smaller turn to the downside or a range.
Again, we need a market close above the $19.35 mark, with our trailing stop starting ~7% and closing. Happy Wednesdays everyone!
USOILUsing the Bill Williams system on this one, we still haven't got a signal so we are neutral here.
As you can see there is a highlighted area. This is the Support and resistance from the daily time frame.
It looks like we got a false breakout . of course price cam back into the neutral area.
What are we wait for?
Awesome Oscillator is near zero ( At the moment yes! )
Alligator is closed and tight and inside the Fractals ( currently inside daily fractals )
Fractal is broken ( Not yet )
When do we buy?
We Are waiting for a buy fractal to form above the alligator teeth ( RED LINE ) as well as meet the needs i have listed above.
When do we sell?
We are waiting for a sell fractal to form below the alligator teeth ( RED LINE ) as well as meet the needs I have listed above.
EURCAD- The pair is being traded at 1.4838 at the time of this report.
- EUR has soared recently against other majors
-CAD has been under pressure recently in light of recent data and Oil price decline last week .
- Yet 1.485 is a strong resistance level and hard to see the pair breaking through this level.
Bearish structure may start forming, prices may break bellow the alligator.
Short setup - Swing trading