HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / ZAR. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS...
First analysis of AG using Silver futures from COMEX spot values. Just using the timeline from 1980 which yielded a $4 - $40 run in 16 months. Using the similar timeline of AG in 2011-12 which spat $9.80 to $49 in a 33 month span.
The ratio of the 20 bar historic volatility (HV20) to the VIX is at 1.08 which suggests market equilibrium at the close last week. When the VIX and the HV20 are in equilibrium, the ratio is around 1.0 . Here's the math: VIX 12.2 / HV20 11.3 = 1.08 Typically the ratio can reach approx 2.0 when the VIX 'fear index' is double that of the HV20. This can...
EUR$ Technical analysis - highly bearish: Key level close: 1. On the daily and weekly we closed below the strongest pivot point of recent times below 1.10 - this is very bearish as historically this is the strongest level (lower than post brexit). MA: 1. We trade below the 2wk and 4wk MA - this is a bearish indication + we have been below the 3m MA since...
Volume Apple Volume traded up for the first time in 4 days on thursday, increasing 25% from 20m to 26m, whilst this may be considered bearish - as increased selling, it is important to not 26m is still 35%-40% below the 4wk and 6month average. Volume cannot fall forever and we have been trading at extremely low volumes all week, so given these facts, a modest...