On GBPUSD, following the negative CPI impact, price went downward to reach a critical support zone, so what are the possible scenarios here: 1- Rebounce Back: Price hit the 1.37 level near the support area and also a long-respected trendline as it was trading inside a channel, so the price can jump back bullishly to target previous highs. 2- Dive Inside: ...
The Great Reset or The great Depression 2.0 is very much a real possibility. This is purely my pessimism and the reason I started trading and have stopped investing. There is so much risk in these markets even fundamental value stocks will be dragged down with this. can anyone even guess at this point where the s and p 500 will be in 10 years?
so you losted all your munz, so what? it cud always be worser. this is important history lessn for pro traders from a vetern who livd through the histori of stuff ok so let me educ8 u, this happen a long time ago, i tink around... april 2020? ya peepo was looky looky at da oils cuz da oils was droppa it was $2 buckarinos or sumtin and dey though: "hey i kno is...
hey traders, market been moving slow lately. These the movements to the downside target. thanks for reading!
An experimental application of feedback concept common in Electronic Engineering, attempting to present additional value/insight to the Indicators The above chart presents example of negative and positive feedback applied on momentum adjusted moving average (MaMA) and rate of return (RoR). Feedback concept in Electronic Engineering Negative feedback (or...
SPX seems to be in -ve trend today, I would be happy to short pullbacks
Eicher Motors following the Pitch Fork Tool. Short positions can be taken cautiously.
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Risk-on sentiment is still valid, the Japanese yen is in the uptrend and there is no sign for a reversal.. Joining bulls from around 110.05-109.78 with 110.8 take profit provides decent R:R (2.73). Keep in mind that this idea can be realized in several days and long position in USDJPY has negative swap. // Follow me to stay updated.)
Joining Japanese bulls also possible in EURJPY if breaking above 122.5 price level with stop around 122.05 and take profit around 123.5 (R:R 2.23).. Keep in mind that this idea can be realized in several days and long position in EURJPY has negative swap. // Follow me to stay updated.)
While Nifty 50 on weekly charts still looks positive and we await signals on alternate time frames to see for signals, lets have a quick look what the monthly chart is suggesting Observations : 1. We have seen (you can see my other post on Nifty Next 50) that the Next 50 stocks are not making new highs like the Nifty 50 (sign that not very broad based move, not...
According to Fib retracement, these levels look reasonable to short as we are a bit over extended!
Where to start? The loss of $900,000,000 a year? The loss per share of $9.02? A growing impatience and anger with Lyft drivers? I believe people must have thought that Lyft would pop at IPO but its been declining since going public. Except the same with Uber, as they lose almost double that of Lyft every year. Ride-sharing companies are not a sound investment and...
SELL on the 1D via support resistance and respecting the negative trend line Sell to support lines 1 & 2 indicated by yellow lines
The GBP/USD currency pair on the 4-hour time frame has been following a downtrend recently. The price dipped below the key support level of 1.30000 on 5 April. The price recovered quickly above the 1.30000 level with more than 50 pips jump but the recovery attempt was weak as the price failed to breach the last resistance level of 1.31979 (High of 3 April) The...
The ASX has created a head and shoulders pattern and is capped by a negative trend line. This provides opportunity to sell with a stop loss above 6210 and the target area of 6140.
Fundamentals • Investors are focused on the Fed to see whether the central bank will affirm its commitment to “patient” monetary policy and for clues about the likely path of U.S. borrowing costs. • We have numerous announcements coming from the FED tomorrow morning at 5am (AEDT), we are expecting interest rates to be kept on hold, however the ‘Dot Plot’ could...