pennies to thousands low price growth possibilitylooks good next stop is 50 day moving average then cloud pick our book on amazon pennies to thousands to see our rules for entry and exit
LOW
pennies to thousands candidate low price growth stock looks like it could go above daily cloud for our specific technical checkpoints pick up our book on amazon pennies to thousands
Hang Seng If the recent developments in the markets hold and fear dissipates, I think a play on Hang Seng index would be terrific opportunity. To be sure, I am still expecting a slight pull back to around 18500.
This index is peculiar in the sense it has some good correlation with China but is not as violent as CSI index.
For someone with high risk appetite, this should work well. Some risk money could be allocated here.
Note: This is not exactly a China play. It's more of decoupling from the ridiculously elevated level of coupling play.
Pennies To Thousands Material About To Breakout On Weekly CloudIn our book Pennies to Thousands we look for low price cost stocks that trade above $1 up to $8, the reason we like this type range is because there maybe some research but the institutional research is light in this area. The reason we don't include stocks under $1 is we believe there are too many stocks promotions and scams in the sub - one dollar area.
We also like stocks in growth industries. This stock meets our strict standards of technical analysis like.
On a daily chart: It is above the cloud, above the 50 and 200 day moving average, it is above the 8 EMA which we call the goal line, the MACD crossed, the Relative Strength Index set to 2 is above 80 and the PVT is sloping upwards and positive.
On a weekly chart: It is setting up to come out of the weekly cloud. These are the type of candidates along with fundamental analysis that we look for as our potential multi baggers.
In our book, which you can buy on Amazon (www.amazon.com) we have strict entry and exit rules, please read them. Thank you
Low price stock candidate - Chosen by our whole brain processOn a daily chart: It is above 5 MA and 20 MA, it is above the William´s % R, above the CCI , the daily candlestick is positive, it has an increasing volume , it is a growth industry (semiconductors), it is above the cloud, above the 50 and 20 MA, it is above the 8 EMA , the RSI that I set to 2 is above the 80 level, the MACD crossed and the PVT is positive.
News:
us.rd.yahoo.com
The bollinger bands have narrowed and beginning to widen.
On a weekly: It is above the cloud.
These type of ideas are mentioned in our book Pennies to Thousands, a whole brain process of picking stocks with left brain indicators and right brain intuition. This book can be picked up for the same cost as a commission on a stock and can be purchased on Amazon or other bookstores. You can also watch our Youtube videos which have different videos on right and left brain activities to choose stock candidates. SUBSCRIBE TO OUR CHANNEL: Pennies to Thousands.
Low price growth stock with good technical analysis. On a daily chart: It is above 5 MA and 20 MA, it is above the William´s % R, above the CCI, the daily candlestick is positive, it has an increasing volume, it is a growth industry ( Electronic Instr. & Controls : Technology ), it is above the cloud, above the 50 and 20 MA, it is above the 8 EMA, the RSI that I set to 2 is above the 80 level, the MACD crossed and the PVT is positive.
News: 8 - K has positive news.
On a weekly chart: It is ready to exit the cloud.
For more of these ideas buy our latest book ( Pennies to Thousands ) and subscribe to our Youtube channel ( Pennies to Thousands ).
THIS WEEK'S EARNINGS PLAYS -- HD, FSLR, CRM, LOW, TGT, BIDUHere's are next weeks earnings plays that I'm thinking of playing via options, assuming the implied volatility rank "stars" line up correctly ... :
HD: announces on Tues 2/23 before market open.The rank is 55, the implied 32, neither of which is that great. If IV doesn't pop, I'll pass.
FSLR: announces on Tues 2/23 after market close. With a rank of 72 and an implied of 69, it's good to go .
LOW: announces on Wed 2/24 before market open. Its rank is 65; implied, 35, so it's kind of the edge. Like HD, its volatility needs to pop a bit for me to play.
TGT: announces on Wed 2/24 before market open. Rank: 57; implied 33. Needs to pop.
CRM: announces on Wed 2/24 after market close. Also good to go with a rank of 71 and an implied of 60.
BIDU: announces on Thurs 2/25 after market close. It's good to go with rank at 72, implied at 60.
EOG: announces on Thurs 2/25 after market close. Good to go, but I don't think I've played this one recently, which is surprising because it's an oil and gas play, and that sector's been hot volatility wise.
HLF: announces on Thurs 2/25 after market close. Also good to go, rank and implied volatility wise.
I'll post setups the day immediately preceding the announcement if it looks like they're still good plays.
No Lifeguard on DutyI love to wake up on Mondays to find I'm better off than Friday. This has been a feeling I have gotten use to this year. I just afraid I'm getting addicted to low oil. What will I do when we hit $20?? Sure the other side the trade will offer some help once oil reaches its low (around $17bbl I'm predicting). But then what... Oil will not have the upside in the near or near distant future. As I have said for months, unless the King of Saudi dies or we get a new petro War, we will see no change in direction.... oil is being manually manipulated by Saudi.
Old School... Fibonacci be dammed.. Just follow the trend line. The micro, the 6 month, the year trend.... Your pick, all forecast oils decline.
Storm flags this week, no lifeguard on duty... Big boards only. Paddlepuss be warned. I remain very short for the long ride..
AUDUSD finally heading back down?Looking at the daily and weekly trend, AUDUSD is clearly in an overall bearish market. After hitting lows of 0.6830 during mid January before heading back up, AUDUSD made a clear stop at 61.8% fib levels on January 28th. Could this be the signal we've all been waiting for? A beautiful spinning top could be seen forming, and what I can expect from this pair is a drop to AT LEAST 0.70168 levels will hopes of passing by the previous lows of 0.6830.
POSSIBLE 4:1 RISK/REWARD ON AUDCADI had this currency pair on my watch list for this week after analysing the WEEKLY chart, and whilst looking through the DAILY time frame I spotted a potential long trade.
I spotted a pattern I have just started to test out, you have 3 bars involved. In this instance we see a good pullback to previous structure, the first bar looks like a potential low test bar, then the bar after it is a high test bar but the interesting thing about it, the second bar fills the rest of the low test bar body. The third bar then has to either be a low test buyer bar, or an engulfing buyer bar.
I will make sure at 10pm tonight to check that this bar finishes as an engulfing buyer bar.
Couple of details to add, I currently have to trades open on this currency pair only risking 1% each trade. I have my 1:1 target where the first blue line is, my second target is the 2nd blue line beyond the first which price has previously been before, making the trade a potential 4:1.
Side Note- These are all my opinions, please do not take my advice as the be all and end all, I am an amateur FOREX trader trying to learn about the markets.
IS USDAUD GOING LONG?We have seen a great move from this currency pair since September 2014, I have only been trading for the past 8 months now but I always start my analysis of a currency pair with the MONTHLY time frame. I noticed a very clear trend line and very clear higher highs and higher lows.
Currently USDAUD has come back to the trend line, so I moved down the time frames to look for an entry, interestingly enough I found some PRICE ACTION around the trend line on the WEEKLY. The first is what I call the 'TRAIN TRACK' where two bars next to each other look almost identical in body size however the chart tends to go with what the second bar is telling it, hence the green bar indicating going long. Also there is a low test bar (IF IT CLOSES LIKE THIS) which I have been using successfully for 8 months, which is another good indicator to go long.
Obviously we all know that the market doesn't give a monkeys about what we think and does what it likes but I think this would be an interesting one to watch!
Short term weakness expected on this pair (counter trend trade) After breakout of monthly high this pair consolidating first time so short term downside momentum possible at least to test broken monthly high. If that one fails next stronger support can be see at daily trend line 2015/09/29 low and 201510/30 low. Setup invalidates if recent consolidation will be broken.
USDCAD - Bearish 2618Very clear H1 bearish double top formed, perfect setup for a 2618 trade to the downside.
The only trade management that the 2618 requires is when price reaches TP1, we close half the position for profit and move our stop loss to breakeven. Otherwise we have our entries and exits in place and just let it run.
Entry - 1.33210
Stop - 1.33831
TP1 - 1.32510
TP2 - 1.32150
Luke
AUS200/ASX200 long trade With a low test close testing a support area and the ascending trend line , and rejecting the 0.382 Fibonacci level as well as the 50% retracement line , this a long continuation trade with a preliminary target at the next resistance level. Entry above high of low test bar and stop loss below low of low test bar.
DATA VIEW (NOT A FORECAST): US DEBT COST IS AT HISTORIC LOWSDue to continuous demand for US Treasury securities over the last 30 years and due to global deflationary pressures, triggered by globalization (cost optimization of global businesses) - the yields of 10 and 30 year Notes continue to decline along their long term descending trend line
The result of such a development - is the current cost of US debt is lower than ever, which in turn allows larger external debt to be held by the States.
As one can see in Monthly Treasury Statement - Net interest is the lowest type of Outlays in the US Budget
higgs.rghost.ru
(scource: www.fiscal.treasury.gov)
DATA VIEW (NOT A FORECAST): UNEMPLOYMENT RAGE BACK TO LOWSUnemployment rate has declined below 6%, thus returning to levels usually associated with historical lows since 1970ies.
6% is an important number, as it is one of the targets of Federal Reserve’s dual mandate. 6% unemployment and 2% inflation are the numbers the FED is targeting to start unwinding monetary stimulus measures.