Merry Christmas & Happy New Year 🎄🎁☃️
Hey traders,
That year was one of the hardest ones in my trading career.
And I can not even tell you what has changed exactly. Just it looks like this trading year was a bit different:
the markets were simply reacting to key levels in a bit different manner, the price action patterns were not that accurate & volatility was insufficient.
I tell you that just to let you know that if you were struggling this year with your trading, you are not alone. We are in the same boat and the only thing that makes us stay afloat is the fact that we never give up, we keep going no matter what. We know that at the end of the day we are always the winners. And winners win.
Next year, be a winner, be strong and consistent and the magic things will happen with you.
Merry Christmas.
Holidays
Technical analysis update: Lufthansa AG (28th July 2021)In 2020 airlines around the globe experienced one of the worst years in their history due to pandemic crisis and worldwide restrictions on travel and freedom of movement. This had detrimental impact on airlines around the world. Story is no different for Lufthansa AG. Last year German government bailed out Lufthansa AG with 9 billion euros. Subsequently German government gained 20% stake in the company which is supposed to be temporary until LHA gets back on its feet. As part of the bailout deal German government is not allowed to interfere in daily operations of Lufthansa AG. German government having 20% stake in the company suggests relatively lower risk associated with this investement as opposed to other airline investments where no government is involved with the company. Company's stock declined since December 2017 until September 2020 when it reached low of 6.848 EUR per share. Since then price reversed and started to make higher highs and higher troughs. Within last two months divergence between price and RSI became observable. In addition to that RSI, MACD and Stochastics turned bullish. Though, ADX contains low value suggesting that weak or no trend is present. Despite that we think LHA is poised to move higher eventually. In the short term we expect company to move sideways and struggle but in the long term we expect LHA to perform well. We would like to set our long term price target for LHA to 12 euros per share.
Divergence between price and RSI:
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
GBPUSD Will breakouts be strong enough? 05.07.2021 Triangle Formation is visible
- Significant moves after 9-10 am.
- Significant breakout support: 1.3815, next stop 1.3800
- Significant breakout resistance: 1.3845, next stop 1.3870
>>PMIs releases today but not expecting much movement. Breakouts on a Monday are difficult. Not for GBP though, we will see.
>> In addition, US banks will be closed in observance of Independence Day
Fibonacci retracement to 61% of the move coincides with 1.3800
Holiday? Check!ALOHA my friends. Digital natives like stocks like this. For whatever reason.
Start 2.40 Euro
TUI share price. is it a buy?With the travel industry quite franky on its arse, but the egarly anticipated holidays everyone's waiting to go on, TUI with record booking numbers surely its poised for a break out?
Leave it, Grab A Cup Of Coffee And Relax ☕So, we are reaching the end of the year folk.. 2020 will be gone.. HAPPY NEW YEAR..
What a year it was.. Lot's of ups and downs, We saw both 3000 and 24000 price channel in just one year.. We've experienced Covid-19 and the quarantine.. What a journey!!! We've learned a lot together from this year..
I tried my best to give you my experience on trading, analysis, technical/fundamental parameters and newest oscillators.. I hope you found them useful for yourself and you're satisfied..
I wanted to add one more important tip about market near new year.. All the capital markets, including crypto market, are so risky near and in this big holidays.. Most of big companies closes their 2020 financial reports top traders stop trading for a break or going to holiday and etc.. These reasons make all the markets so volatile and risky.
I strongly recommend you to stop trading until mid-January.. Just relax, try to enjoy holidays.. Try to have some time with your family and your loved ones.. These holidays are extraordinary time for you to update your knowledge on the market.. Try to learn something new so you can have a progress for new year of trading.. Try not to be temped to make profit during the holiday, because you're going to regret it with a big loss.. And by the way, You came a long way studying the market this year, you deserve a rest.. We all do deserve it..
For my final words in this post, I want to thank you for accompanying me during this journey that was a great honor for me, I hope you enjoyed it too..
I have a little request.. I really love to read your comments about my idea that I gave you this year, I want to know what do you think about them? How useful were them to you? And the most important thing is that what do you suggest me to write about in upcoming year for you??
If you have friends that you think My profile and ideas can help the give the my address so we all can learn and gain from the market and make our educational community larger and stronger..
I'm waiting to read your comments below my friends, Wish you a great 2021 and HAPPY NEW YEAR...
AMZN Bullish through earningsMy previous post underestimated the size of the handle and we ended up filling the gap over night. I think we are very bullish from this point until earnings. I would guess a sell off right before and continued strong growth afterwards. We are coming in to the holidays and if retail shopping wasn't bad enough before, now we are dealing with social distancing and a pandemic. It seems clear that Amazon will far exceed any previous earnings. Here's to hoping they are prepared.
The Impact of International Holidays on BitcoinGood day to all!
On a weekly chart of Bitcoin prices, I tried to note which international holidays was the catalyst for the rise or fall for each individual week taken from the beginning of the bull market.
Thus, you can understand which holidays in 2019 were in a bearish mood :) and which ones were in a bullish mood :).
I wish you all good luck and a good mood, this is not financial advice, this is the call of the soul.:)
Massive Nikkei Sell-off During Golden Week?I'm taking a wild guess of Nikkei falling to 20300 with the upcoming Golden Week holiday in Japan from April 27th to May 6th.
This 10-day holiday is the longest in Japan's history, meaning that the Japan Exchange will be down for the whole week + 1 day.
Looking for fun on the futures market :)
USDMXN: Happy Easter! Hey everyone first i want to wish everyone and their family a great easter weekend!
We are looking at the USDMXN pair a second time after we were anticipating a great short from the last idea. I will link it below.
We clearly see that the bearish trend line is broken and retested on the 1h timeframe. The red horizontal line is a key support level, where price did change before.
Divergence is also in play around this area.
We are looking for long in this area only and aiming for the last highs at least.
I will keep you guys updated and have a great trading week!
USDJPY: Merry Christmas EveryoneHey everyone ! Im wishing everyone great holidays with their family and loved ones. Trading is done for me this year. Enjoy your free time with family and friends. Lets start fresh in 2019 with even bigger goals. See you guys there !
P.S. this will be the pair i will be looking at in 2019
Match Group, Inc. may get boosted by the singles!Match Group Inc. may get boosted, because of the holiday time (Christmas, Valentines Day, etc.) and as a result there will be more traffic on the platform (Tinder) --> Social Analysis
The MACD takes distance from its zero line, which confirms the upward trend and is going to increase, which certainly support the trend.
The chart is braking out of the two bands, which shows the following upward trend.
By myself, I set an alert by 41.45.
WAKE ME UP WHEN SEPTEMBER ENDSGood ole Oct. 1st - signifies the start of Q4, and with BTC it has been the start of upward movement and a bullish run.
Is the start of this years fiscal Q4 going to mimic the last few years? Will there be one last selloff before we start running? It happens fast... this time be prepared and don't be afraid to take some profits ;)