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KEYCORP SHORT (UPDATE)So guys I'm not back tracking on my bias however I'm starting to think that my short bias on this stock is perhaps longer term. This stock simply doesn't have as much volume as a large cap company to support this sharp move down to our expected levels or perhaps breaking our lower bound. Of course adverse news about the company could help fuel this move however I'm not going to be banking on this. I say whilst we're still in the profit we pull back on our original bias and just go long on this soon, the big short on this stock is coming just not now. I don't believe our bias is short term at all. Currently there's a chance to go long on this, potentially wiping out our current resistance. This could be a very lucrative trade however one thing to consider is the fact that our bias doesn't guarantee a profitable trade on this stock. It's ultimately the market's perception of this stock which will shape it's future. HOWEVER. Let's sit back and see what happens, expect more updates on this guys!
NYSE:KEY
by Graignm09
SHORT ON EA COMING SOON GUYS!!!EUR/AUD. Prices have exceeded our target profits, if you managed to hold your position on this trade to our current highs, well done! I truly believe that it's now time to go short on this pair now, currently prices are below the 1.62000 Region . I believe that if prices break above this region we could possibly be heading much higher. HOWEVER, if our resistance zone the 1.62000 Region is respected, we could be heading to the downside target of 1.58000 Region. Is this probable? Yes! I am prepared to get in on this trade around the 1.61000 Region down to 1.58000/1.56000. Let's wait and see, updates are coming very soon! STAY TUNED!
Short
by Graignm09
2
NETFLIX HAS BEEN PHENOMENAL, LET'S GO LONG AGAIN!So we may have an opportunity to go LONG once again on NETFLIX. So as you can see, we're currently in between both our support and resistance region, I believe that we could potential retrace down to lows of 280.00 and shoot back up. HOWEVER. Something tells me that we're currently heading to the upside with full intent of penetrating our resistance zone. It wouldn't do any harm getting in at this point, our targets 360.00 & 380.00 TP: 360.00 & 380.00
NASDAQ:NFLX
by Graignm09
EUR/USD GETTING INTO BULLISH STRIDE?LONG ON EUR/USD? I believe that prices could potentially rise up to highs of 1.25500/1.26000. Probable Triple Top? I don't think so, of course I can't say for a fact that prices will reach to highs of 1.26000. As prices have respected it's current resistance zone twice , and will most probably do the same on third attempt . Let the markets do the work, expect two things extreme turbulence at the resistance zone or aggressive buying penetrating through the 1.25500 Region! TP: 1.25500/1.26000
Long
by Graignm09
GBP/CHF LONGLONG ON GBP/CHF! So I'm currently expecting a bullish breakout on this descending trend line, up to highs of 1.31500/1.32500. Some turbulence is expected, as this might be a very rough ride, prices could ultimately kiss the trend line and breakout or could breakout to come back into normal range which is of course very frustrating. However, If you just have some patience on this pair, we could make over 185 pips!. Be careful! I will give updates on this, so don't panic! TP: 1.31500/1.32500 .
Long
by Graignm09
LONG ON EUR/GBP!I'm anticipating prices to ascend to the upside target of 0.90500/0.91500 which could potentially result in a +280 PIP gain . I was initially awaiting prices to break the symmetrical triangle in which I entered however we now run the risk of prices going back into the normal range. If this happens worse case scenario, you break even and re - enter however if there's a kiss on the bearish trend line, prices could explode to the upside resulting in a very lucrative position. TP: 0.90500/0.91500
Long
by Graignm09