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Cozzamara

US Oil: Week10 FridayHi Guys, week10's Rally reached 59 this Friday morning but failed to breakout for higher hights. Despite the Bull Run is still above 50RSI and supported by 50SMA, Oil is pulling back a little bit just before lunchtime maybe to re-test 58 to breathe and end the week. JUST TO NOTE: 1 future contract of CL (approx $3.500) bought last Friday and sold today would have generated profits equals to it's value. To read about fundamentals driving week10 Rally please refer to the link in the Related Ideas below. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:USOIL
by cozzamara
GOLD: desc.triangle or sideway combo of corrective patterns?Hi Guys, the above structure may be interpreted as a descending triangle according to thepatternsite.com but is my interpretation correct? I was thinking about the Bull Run started by gold in mid-Aug'18 and its end (circled in the above chart)... ...I was thinking about the Handle formation following the Cup and unfolding price action inside this trading range...https://www.tradingview.com/chart/GOLD/A4jnXSzt-GOLD-Cup-Handle/ If this was an EW descending triangle, A-B-C-D-E waves should subdivide into threes forming a 3-3-3-3-3 configuration. Is this the case? Furthermore, why should Gold unfold a descending triangle to correct a Bull Run? What would be the outcome of a descending triangle in a Bull market? IMHO gold is correcting the mid-Aug'18 Bull Run with a Triple sidewyas combination. The initial idea for drawing this chart was to understand the time. How deep inside are we in the formation? From TOP to end of the triangle are 10 weeks. Since the TOP 7 have passed. 70% of the pattern. Lot's of fish will be caught in the net if not carefull. Lol Please also watch out for inverted correlations with USD/JPY. It is possible that the pair is unfolding a similar pattern but opposite. An ascending triangle or a complex corrective pattern. I forgot to mention that AToW I don't think that E is the end of the E leg even if we are already 70% into the formation. However, a clear breach of USD/JPY above 112 would push gold towards 1285 and maybe further. Valid the opposite too. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Week13 updateHi Guys, this is what I see on the 4H chart. Here below a very similar structure I made two weeks ago. Please click & play to watch how Gold moved since then. To note the support formed in week9 following the dive. IMHO there are a lot of similarities between the support formed in week9 and the support is building in week13. Gold unfolding this move below the 442SMA though. ST structure in week13 looks good for a pull back but Gold is still inside the violet descending channel (the handle or flag) and it is not bouncing. That is what is puzzling me most. The fact that nor Gold nor Silver are pulling back which make me think that a failure and a breach of the support may extend the correction of the Bull Run started mid-Aug'18. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
DXY: Bullish but bearish in divergence with RSIHi Guys, the above structure reflects my view of the US Dollar Index (DXY). 100SMA supported the bull run started in 2014. 350SMA supported the bearish impulse 12345 following Trump's election. Structure since 2015 may be a wave 2 shaped as a bear flag that looks like a H&S with descending neckline. Since Mid Nov'18 hights made by RSI are diverging with hights made by Index. Last Wednesday Week11 Jerome Powell confirmed that no rate hikes are expected this year. During and after FOMC meeting DXY moved down briefly below 96 to recover just above 96,55. Now I have to work on the hourly chart to prepare for week12. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:DXY
by cozzamara
GOLD: week13Hi Guys, at the end of week12 price exited the distribution channel started in week9 and dived from 200SMA to built what IMHO is a short term support just a little bit above 1285 with 50SMA pushing down and stopping the pullback right at 1300. The pull back may extend into the 200SMA following divergence with RSI on Friday but only if 50SMA is crossed and re-tested for the upside during week13. AToW it is not the right time to enter such a move yet though. Plus, I don't see it happening. However need to be prepared. If 1280 do not hold next stop may be 1265. Let's wait and be patient. I don't feel confortable entering any trade on Monday. I am sorry. Gold maybe still be looking to push for the bottom of the handle as referred to in the related ideas linked below. Lol Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
DXY: Tuesday Week11Hi Guys, the scenario hasn't changed much since my last post. DXY still looking bearish into mid week11. FOMC meeting due tomorrow. 50SMA keeps pushing despite divergence with RSI. A,B and C are lower lows. RSI is making higher lows compared to price. If the index re-climbs above 1000SMA and crosses the 50SMA for the upside at the same time, DXY may commence correcting week10 fall. RSI still below 50 though and if bearish momentum picks up next stop could be week8 low. IMHO in the 4H chart below options may be: A) a run towards 50SMA or B) a run towards 1000SMA Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:DXY
by cozzamara
SILVER: Flag formation above 14$Hi Guys, in 2016 Silver made a bottom at 14$. At the end of 2018 it made another bottom at 14$. In 2016 price pulled back right into the 1000SMA. In 2018 Silver pulled back too but price have not touched yet the 1000SMA. In view of the above IMHO there is no need to enter the market at this stage. First need to build support above the pink 0.618 Fibo. When and if support is confirmed I expect some long green candlesticks to unfold above 15.5$ towards 1000SMA. But for the time being need to wait and think why silver should go up to $16 instead of keep falling towards $14. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:SILVER
by cozzamara
Gold: Week11 FridayHi Guys, since my last post on Tuesday, Gold made a run to hit 1.320 following FOMC meeting on Wednesday. The precious metal received a boost after the US Federal Reserve signalled no further rate hikes this year and balance sheet reduction. Following FOMC meeting though, Gold retraced 0.618 Fib of the move made the previous day and AToW is struggling to keep momentum on going above 1.310. If you remember the idea I posted on March 13, Gold is right in between 1.320 and 1.310, exactly where the right shoulder was supposed to be but a week later. In addition to the above please note that the bull run commenced on Aug 16 may have terminated at 1.350. Please have a look at the post "GOLD:H=Top of the Bull Run" in the related ideas linked below. According to the daily chart presented, please watch out for Gold when crosses the 44SMA for the downside and, at the same time, 1.300 level (round number and psycological support) if you are bearish. On the contrary, if you are bullish, watch for momentum building if price crosses 1.315 and, at the same time, RSI gets overbought. On the hourly chart to note the common bottom formed in week9 and the ascending channel in week10 and week11 supported by 200SMA. Potential LS at 1.320 of a H&S pattern that may have been completed. If 200SMA do not support and is breached Gold bias may turn into bearish. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
USD/JPY: week12Hi Guys, Here is the link to a tweet I am posting...https://twitter.com/CozzamaraDaZena/status/1111187101981265922 #usdjpy 1H 25/3 showing triple bottom on price at 110 and double bottom in RSI oversold. It looks like the pair is on the edge of a cliff but if structure supports, and #gold keep going south, IMHO #usdjpy may well resume its run to end the week attacking 111. AToW 110.180... ...to unfold such a move #usdjpy must climb back above 50SMA and IMHO n.2 level maybe re-tested a couple of time before cleared for wave 3OTOH, structure is invalidated if support at 110 fail and spot #gold return above 1310 Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
by cozzamara
GOLD: Cup & Handle?Hi Guys, I was doing a work on the 1H chart but I wanted to post this first. I hope the idea is clear...not sure about how that handle may unfold though. On the 1H chart a potential bear rally may be at its end but bias on that timeframe is still favouring bulls. If I am correct, a break below 1300 may prompt a further extension of the correction of the bull run started mid Aug'18 (please refer to the related idea linked below). Let's see the hourly chart... This is just a snapshot: Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Week13 endingHi Guys, tops are descending into 1285. sentiment diverge but bears keep pushing. Gold has been going up & down on support at 1285. On Thursday Gold seemed to pull back (V-shape formation) but nothing happened. I am seeing a lot of cups which may be the first signal that I am losing my mind. C'mon, get a grip Marshall, let it go, Gold is not pulling back! Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
SILVER: IRO 2008 Financial CrisisHi Guys, here it's where Silver is in respect of its position prior to the 2008 Financial Crisis. Please watch the RSI and note the shift in sentiment that has been persistent since 2014. Silver has been in Low Sentiment for the last 5 years. Sentiment was runnung high before the 2008 Financial Crisis but fear drove money out of other markets into safe havens and Silver followed simply the same path that drove Gold at 1.900. However, since then, the more the dark clouds of the Financial Crisis were dissipating, the more the price of Silver was returning to the same level of the 2008 Financial Crisis (4avg$10). In 2016 Silver was supported at $14. At the end of 2018 price was supported again at $14 and therefore might have formed a double bottom. A bounce and a pull back from $14 was happening in the last three months of 2018 and the first 3 months of 2019. From 14$ to $16 in 5 months (Oct-Feb) and then to 15$ in 1 month (March). Sentiment may not be right AToW on the montly chart but the bounce is still supported at $15 and the weekly chart shows signs of shift in sentiment from low to high. Here a preview: Have a look at the related ideas linked below too for TA of Silver in different timeframes. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:SILVER
by cozzamara
SILVER: Jan, Feb, March 2019. April?Hi Guys, I started this work on the 1H chart but I am posting 4H. On the 1H chart I was trying to find a long SMA to support the move made since end 2018 beginning 2019 and found the 1000SMA. On the 1H chart the 1000SMA worked well as support and then resistance but it was too compressed. I tried the 4H chart and noted that the 1000SMA was working very well as support. Please note how price reacts when RSI is oversold on the 1000SMA. It bounces. But will it keep bouncing in April too or will it break below it? Lows is price are diverging with lows in RSI but IMHO such divergence is not to be trusted. IMHO this structure allows for certain opportunities to be spotted but need to wait and be patient and look also to other markets that may impact Silver. I am posting a draft of Daily chart but still a lot of work to be doing. Lol At a first glance I note that the 1000SMA worked well as resistance. The direction of the 100SMA points slightly up and 15$ is a good support. RSI diverge on this level but price may still test it or breach it towards 14.5$ if RSI gets oversold again. If $15 holds and price gets back above 100SMA with sentiment above 50RSI maybe price could make a run into the 1000SMA at approx.16.5$ by the end of June. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:SILVER
by cozzamara
GOLD: Week12Hi Guys, since week9 Gold be forming a distribution channel representing a bear rally before extending the correction. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
Gold: Week 11Hi Guys, I've just seen a tweet from @PeterBrandt (twitter.com) that shows a "common bottom". Well, in week9 - beginning week10; Gold made a "common bottom" XAB. What happened next is an attempt to regain and consolidate above 1300 throughout week10. At the moment BD are higher lows and AC are higher highs. RSI just above 50. Gold squeezed between 200 (support) and 400SMAs (bearish pressure). I am not convinced that the RS is completed. In my post Gold:Week10 in the related ideas linked below I was expecting the RS to be between 1310 and 1320. Last Wednesday it stopped at 1310. If Gold crosses the 400SMA above 1310 it may run towards 1320. However if Gold crosses the 200SMA next support is B. IMHO failure to consolidate above 1300 may drive sentiment lower for a breakdown of the neckline of the H&S pattern ABCDE above towards B or maybe X. TO NOTE also the formation made at D on the 200SMA. Also this one looks like a "common bottom". Lol. But as always let's be patient and wait for the week to unfold. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
GOLD: Guidelines for Applying Elliott Wave TheoryHi Guys, this is the bull run made by Gold since mid-Aug'18 which follows the guidelines for Applying Elliot Wave Theory. Here are some links for easy reference: stockcharts.com Just to note that the end of the above wave 5 is the letter H in the daily chart that I posted on March 19 related ideas linked below. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
US Oil: Week11 into WedHi Guys, please note that the formation inside the circle was made right on supportive SMA. Following the pannant made on Monday and the run made this morning, price pulled back from 59,50 to return below 59 and find support on the ascending SMA at approx 58,73 and bounced to gap up right after release of API Weekly Crude Oil Stock which was supportive for bulls. Tomorrow EIA will release its report which will be crucial for WTI traders. Overall, despite Tuesday pullback, my view hasn't change from the view I posted on Monday. If you trade intraday you must be quick to take your profits. However, to conclude, if 58.73 is breached 57.87 may be the next supportive level. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:USOIL
by cozzamara
US Oil: Pennant?Hi Guys, following my previsous post on US Oil (related ideas linked below) please note that the formation inside the circle made today may be a pennant that could trigger some bullishness into mid-week if sentiment picks up. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:USOIL
by cozzamara
US Oil: Week 11 Kick OffHi Guys, Last week US Oil broke higher above the latest Trump's tweet with a run started on Wednesday. Price consolidated above Trump's tweet level with a triple bottom support throughout Thu, Fri and this morning before resuming the run pushed by the 90SMA. TO NOTE: RSI spiked briefly above 70 but lower than previous highs. Price instead kept going higher. IMHO bullish momentum may push up to 60 if sentiment picks up above 70 again shortly. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:USOIL
by cozzamara
GOLD: H = Top of Bull RunHi Guys, according to the Daily chart of USD/JPY that I posted on Feb 2, 2019 and the principle of negative correlations between their moves, GOLD is about to run towards the 166SMA with approx target/support at 1.260/1.240. Since USD/JPY reached the level of the blue bold horizontal line at 112 with a bullish move, I would expect GOLD to unfold a bearish move. Instead you will note that Gold made a final run to make H before falling and start to correct the run commenced mid-August 2018. If you click & play USD/JPY daily chart (below) you will note that from Jan 31st the pair made a run towards 112 (BULLISH MOVE). This is at the same level of the blue bold line. If you click & play the GOLD daily chart (below) you will note that price made a final run at 1.340 before starting to pull back (BEARISH MOVE). And the pull back has been supported by previous low at approx 1.280 made before 1st S. This pull back may be the initial phase of a more deep correction of the run started mid-Aug 2018. However, FOMC meeting at the horizon (in approx 48 hours). Be carefull. If DXY goes down or economy slows, Gold may well go up. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:GOLD
by cozzamara
DXY: divergence with RSIHi Guys, the black bold arrow below indicates the divergence in the RSI. Such divergence was formed between last Friday and this morning and may prompt a run into the 50SMA. Don't think Index will cross it before FED meeting on Wednesday though. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:DXY
by cozzamara
1
DXY: Week 11 Kick OffHi Guys, DXY started the week forming a small divergence between the two last price lows A/B and RSI. AToW RSI is crossing 50 line whilst price is stopped by 50SMA pushing down. If push fails, price may reach last Friday's hights before tomorrow to wait for FED meeting on Wednesday. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
TVC:DXY
by cozzamara
USD/JPY: Week11 Kick OffHi Guys, as you know I am obsessed with inverted (negative) correlations between GOLD vs USD/JPY. Week11 may be the start of one of these moments when their moves are negatively correlated. However this is not the topic of this idea. The topic of this post is the same as my previous post on Gold. "Common bottoms". And USD/JPY made a "common bottom" in week10 whilst Gold formed one in week9. A week earlier. For the time being I just wanted to share this info. Let's see how week11 kicks off before making any decisions. Thank you for your support and for sharing your ideas. Don't forget to put a like if you appreciate the post and to follow me if you want to receive notifications on new and updated ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
by cozzamara