NANO Short Term Hit The Target [TARGET REACHED]SWING TRADING STRATEGY
It takes 4 days to reach the target for 17% profit in my bag 🤑🤑🤑
In my previous analysis about Nano, i said ""Before you do trading in smaller timeframe, i recommend you to use multitimeframe analysis, why use multitimeframe analysis? because it can reduce the noise..
Nano is in strong bullish in 1 Day timeframe and it has good support(redline)..
If 1 day timeframe is good, then we can change it to 1 Hour timeframe.. ""
It works!!
NANO / BTC was almost HIT the target after 2 days i shared the analysis, but then Alts crash came because of BTC fell,the pair recovered then reach the target, after just reach the target it fell again, it was effective trade 💯💯💯
Target : 1245 ✅
You can follow me for more analysis like this 😁😁😁
More Swing Trading Analysis :
Hit!
+350 +300 + 200 pips In a single trade Without any DrawdownHello Traders! When I entered first Buy i told you we will not just wait and watch we will add more trades for maximum profit from this single trade and we ended up with 800 pips profit. Its Huge Milestone.
This is the power of my strategy, there is no comparison of my strategy because it does not need any indicator nor it need any support and resistance strategy. It just a calculation.
It take 1 month for EURUSD to move to its target, if we had closed it early then there was no trade other than this one. First Entry ends in 350 pips profit second entry was also perfect which ends with 300 pips profit and third entry gave us 200 pips profit and fourth entry didn't triggered.
Just hit the like button if you want these type of trades in future. I will also Start telegram group in coming month.
Entry 1
Entry 2
Entry 3
HIT LONGHIT
HIT has finally broken outside of a falling trend downwards.
The breakout was forceful and strong. Since the break out, HIT has dropped back into support and this could possibly be the last time support is breached. This is a solid entry for a long position. The key targets are placed, with the final top inside the resistance order block. 200 MA will continue to lower closer to T3 making this is a big take profit point. Stoch is neutral and looking to cross bullish, while RSI is completely oversold.
HIT is bound for a retrace up.
Possible Entries: 73 sats
Price action reaches falling wedge breakout target preciselystill up in the air whether or not we will fill the gap at 11.2k but my prediction that we would hit the falling wedge breakout target has been met with exact precision...I was assuming we would hi there and then fill the 11.2k gap on fomo alone before going back under the inv h& s neckline and confirming a fakeout. Still a chance we can rise to 11.2k or even confirm the inv h&s breakout and reach 12.5k however for now the price we hit happens to be a precise location for a double top to start to paint on the chart so whales may try to threaten a new smaller double top here. If we reach 11.2k i will be laddering out small profist.
HIT:ASX Shares - Long idea with increased volumeMy idea is that the HIT share price will move upwards, if volume appears and increases. Given the height of the ASX index there is obviously risk involved. With that said a acceptable reward/risk ratio is there. Patiently waiting to see how this play's out and if the volume comes in at any point.
SHORT ON USD/CHF COMING SOON! +450 PIPSI believe that a short on this pair is coming very soon guys!
I'm stalking prices waiting to get in on this!
I think that we could see prices shoot down to lows of 0.97000/0.95000/0.93000.
LET'S WAIT AND SEE GUYS!
UPDATES ON THIS TRADE COMING SOON!
TP: 0.97000/0.95000/0.93000
DXY Dollar Index Update Finally the Dollar hits Key SupportDXY Dollar Index
DXY has rallied from lowest blue line (just out in fact, but
close, considering how far it has fallen now) and rallied to the
next line pretty much spot-on. So it's now vulnerable again at
this point....it has to push up through this next line right here
at 89.42 and hold above here for the dollar to go up any more
and therefore for EUR and GBP to go down any more from
lows hit today.
That is a good spike though, for sure. It could be the low...but
we will only know for sure when the next move back lower
begins...but bulls will take cheer from today and try to push
DXY higher now if they can. This is line therefore the next key
level on DXY right here, and so too therefore for the pairs
USDJPY/ GBPJPY: BUY $YEN IF DATA MISSES; SELL £YEN IF DATA HITSThe Risky BOJ front run trade using CPI inferences
- I find it very interesting that the BOJ is releasing ALL of its key economic data (minus GDP) before making the easing decision, especially as we have already had CPI data this month so we will have an 2 CPI releases in one month which ive never seen happen before (CPI from JPY is usually due next week).
- This to me indicates strongly that 1) All of the data released e.g. CPI, employment, retail sales, industrial production has some weighting on the BOJ decision and 2) that CPI especially has perhaps the strongest weighting on the BOJ decision as they are releasing 2 CPI prints in one month which means they brought forward the measurement by a week - this means they value the CPI print strongly.
- Therefore, knowing this, in an ideal world either 1) ALL of the data will contract, which puts more pressure on a big BOJ easing package or 2) ALL of the data improves which eases the the pressure on the BOJ package - thus from here we are then able to take risk with an "educated" guess of what the policy will tend to be i.e. big or smaller.
Long USDJPY if CPI less than -0.4% and generally weak/ miss other data:
1. The rationale is that a lower than expected and last print shows the JPY economy is decelerating even more aggressively than in previous months and therefore the BOJ will me MORE inclinded to ease heavier, as the data suggests there is a bigger problem.
- Obviously the data/ CPI print imo acts as a function of BOJ easing, if we get massive misses across the slew of data then we should expect a bigger easing package than if there is only a slight miss - therefore we should treat our trades the same way.
2. Long USDJPY by xlots depending on the serverity of the data miss e.g. if CPI was -1.0% and unemployment ticked up to 3.4% i would do 3lots long usdjpy. If it was -0.5% and 3.3% i would do 1lot for example.
Short GBPJPY if CPI is greater than -0.4% and other data generally hits/ is positive
1. The rationale is the opposite of the above - we assume if data improves that the BOJ will be less inclined to do a big easing package so we expect yen to remain strong so we go long yen and short GBP.
- Once again the lot size is a function of the serverity of the data e.g. if CPI turned positive to 0.1% and unemployment dropped to 3% we would short 3lots. vs only 1lot if CPI ticked up only 10bps from last and unemployment ticked down only 10bps.
Risks to the view:
1. The First risk is that data in general is considered to have "underlying trends" so the fact one print is outstandingly bad/ good might NOT impact policy e.g. thin about US NFP that was less than 100k and shocked markets - but it was a one off so didnt make the FOMC cut rates back.
3. Data underlying trends thus can reduce the weighting this data is given e.g. even if CPI improved to 0.1% from -0.4%, the BOJ could argue this is a one off print as the underlying trend for the past 6m+ has been negative inflation thus they will go ahead with a big easing package.
- HOWEVER , the above point "3" in mind i believe data to the downside will be given a greater weighting than data to the upside, so we should have a short yen bias as weak data has been the underlying trend for most data points (especially CPI).
-Further, i also think tail-end/ RHS/ LHS results will be given a proportionately larger weighting in their decision so this should also be reflected in our trading e.g. if CPI was -2% from -0.4% i would be a much much more aggressive buyer of UJ than if a -0.5% print from -0.4% is seen. The same can be said to the topside, if i saw +1.5% inflation from -0.4% last i would be a much greater seller of GBPJPY than if i saw -0.3% CPI from -0.4%.
BOJ EXPECTATIONS: EXCEED/ HIT - LONG USDJPY; MISS - SHORT GBPJPYBOJ Miss - Sell GBPJPY @Market price; 129tp1 - up to 800pips.
1. A BOJ miss can be considered as delivering the median expectations e.g. 10bps cut to the depo (-0.2%), 10bps cut to the LSP (-0.1%), Yen10trn increase in monthly JGB purchases & 50% Increase in Annual ETF purchases e.g. 3.3trn-5trn. Fiscal Stimulus Yen10-15trn.
- The package above or less should be sold as the market expects this to maintain UJ at 105-6 level.
- The short GBPJPY is a great trade anyway as you benefit from the BOE easing carry which should in turn move us to 125 (BOJ miss and BOE hit) - which the BOE 1m forward OIS rates market currently prices 25bps at 100% and the average expectations are 25bps and £50bn of QE (even more certain now as the BOE M. Weale - the most hawkish MPC Member moved to the easing side as Business optimism and PMI dropped to their 10yr lows) - thus GBPJPY can expect further downside even past the BOJ as the BOE is all but guaranteed to ease "most members expect to ease at the august meeting" - July BOE Minutes Quote.
- Currently a BOJ miss is the most likely outcome - as many of you have seen in FX Yen has been brought aggressively as expectations have fallen, much a mirroring from the change in rates market where - For the 25th the 3m JPY Libor prices only a 6.65bps cut at to the key rate at 100% and on the same date the 3m euroyen August future prices only a 5.5bps cut at 100%. Though the further dated September 3m euroyen future prices a 9bps cut a 100% - likely a function of the market betting on more action being done in the september meeting (which makes sense).
BOJ HIt: Buy USDJPY @Market price; 107-111tp - up to 700pips
1. A BOJ Hit can be considered as double or more the median expectations (in my opinion) - 20bps+ to the depo, 20bps+ to the LSP, Yen20trn+ to the JGB Purchases and 100-200% extra annual ETF purcases from Yen3.3trn to 6.6/9.9trn. Yen20-30trn Fiscal stimulus.
- The package above or more IMO will allow $yen to trade to 111, and for a sustained amount of time.
- The long USDJPY is the best proxy to play the "over-delivery" imo as USD is the most stable base, and has the most pips to gain on yen weakness - given FOMC hawkishness/ Hiking expectations give USDJPY topside even more impetus.
- As above, the markets currently DON'T expect this result, as $Yen trades at the 104 level and rates markets price only 5-6bps of lowering. HOWEVER, if BOJ/ JPY Govt are to deliver a big easing package - one that smashes expectations (such as the one above) it will be now. The reason I think this is the case is below:
APPLE: EARNINGS PREVIEW - LOW BAR; 1.38EPS & REVENUE $42.34BNApple earnings to be released after market today
Expectations:
1. 1.39EPS and $42.31bn Revenue
- I personally have been an Apple bull for some time - I believe the bar for apple has been set low, with EPS 25% lower than last year and Revenue target also 15% lower than last year - I think this is achievable as Iphone SE sales will be included in the income statement for the first time this quarter which should help beat the low 42.34bn target.
Risks:
1. Obviously, if Apple misses these expectations i see downside to $89-90 immediately happening - nonetheless I think this opens up a valuable buying opp and I will be buying any 89-90 (or lower) lows, once the earnings hit/ miss flows are over as i believe apple is very cheap on a multiple basis some 10x.
Trading Strategy:
1. On an earnings beat I think because AAPL price has been depressed for so long (30% for 6m+), APPL will see significant topside e.g. to $111 so you should BUY AAPL at market and hold past the 101 breakout for 110tp.
2. Equally, if AAPL misses, we should clear existing risk at $95 and reenter APPL at the MISS bottom which should be $89, or perhaps less.
- I like owning Apple as it is one of the least leveraged companies, with over 250bn in cash & marketable securities (highly liquid) and generates 40-60bn dollars in bottom line profit, with 200bn revenue - thus it is one of the most profitable companies. With this cash, Apple in the future (under new leadership) can regain its prowess and make new highs e.g. 140-160 within the next 12-18m - before if they actually invest in M/A or some heavy R/D - poor leadership by Tim Cook is to blame for APPL's stagnant performance imo - they should have purchased Yahoo to compete with Google ad rev, Twitter to compete with FB and Netflix to grow their Apple TV business - all of which would have worked due to Apples massive worldwide brand and i believe such acquisitions can be made in the future thus I value owning Apple.
Any questions let me know.