Pivot
TSI signaling potential VIX move. (Trend Shift Indicator)Rarely does TSI indicate strong green-over-red crossovers in CBOE:VIX derivatives.
TSI is for equities and not derivatives, however, this signal could be an early sign of some potential life in NASDAQ:TVIX and AMEX:UVXY etc.
Link to TSI below.
AUDJPY. Long- daily ema
- pivot
- level
season in october for long position if risk on
I'm waiting for confirmation and good entry point
SPX500 price rejection at prior Week MedianHere, I offer a look at using the prior time frame Median as a means of bullish or bearish sentiment/trend.
The indicator plots PRIOR Daily, Weekly and Monthly Medians.
Currently, this week, we have Bearish Cross of the short term Daily Median below the prior Week Median give us an obvious bearish formation. Conversely, possible value in longer term view for Bulls.
Price has been rejected from the prior Weekly Median as we see an ascending wedge being formed. Point of exhaustion/explosion to play out very soon.
Gold – Again 1250 or escape from 1200-1300 band ???I marked the points where PA touched 1250 level since 2013_
Level 1250 has worked as a strange pivot point within 1200-1300 consolidation band. See how many times we saw 1250 during last four years.
Following FOMC meeting of last week, downward price action_ is favored. A critical event required to push the price back above 1300.
Otherwise as far as the price stays within 1200-1300 band, 1250 seems inevitable.
Missed yearly pivot 2016GBPJPY has reached this year´s pivot.
Only last year is still missed, so price doesn´t like missed pivots and therefore it wants to get back on these missed levels.
3000 pips up!
Patience is the word.
Long EUR - Anticipating Hawkish Draghi SpeechActually I do not believe Draghi's speech will be "very" hawkish. What gives me more confident to put this trade on is because the market may have oversold EUR. More particularly EURGBP (following PM Theresa May's last week comment).
Retail sentiment is short EUR (except for the EURNZD - which is due to NZ's mixed election result) so I want to go Long.
Technical levels: it is trading within the 0.879-0.88 support range (it has been a strong support since the GBP appreciation two weeks ago) and I put my SL below 0.875.
Holding support, going lower?$EURGBP holding onto some support here. About to hit a monthly pivot if support gives way.
Long USDJPY - Anticipating continue strengthening USI expected USDJPY continue to drift upward today. Yesterday FOMC statement and Yellen's speech certainly helped a lot. Today is BOJ's turn and I really don't think they will reverse anything as their 2% inflation target is just still too far away. Actually since USDJPY strengthening, it helped push them toward their goal a bit closer and I think they will be more than happy to add to the fire by hinting a neutral to further QE from their side of the trade.
Sentiment wise, it's gonna be a bit hard to grasp as this is a tentative event. Nevertheless, from the Retail's positioning USD is net Long vs JPY mixed. In my opinion, this time the USDJPY is "under-longed". People should more bullish on this pair given the fundamental lined up and the Carry Trade potential.
I'm long 1/2 position now and gonna go long another 1/2 if price retrace to the Open at 112.2. My SL is 111.9 and TP is 113.4.
Recatching its missed yearly pivot of 2015AUDUSD
Weekly chart: showing an uptrend and willing to work up towards the missed yearly pivot of 2015 at 0.859
About 500 pips higher
Long USDJPY - Anticipating Dissappointing US DataBased on my statistics, the string of US data release will be dissappointing and the market so far sort of agree. The reason I want to go Long USDJPY is because if the market has priced in weakness and it match, there won't be much selling takes place. On the other if any of these data manage to surprise to the upside, I will be very happy.
Why USDJPY? The strongest pair thus far is USDJPY and it's actually more of JPY move, if US data is as I expected them to be, USDJPY can have the next leg.
TP is 111.92, SL is 110.5, I'm in half now and another halfif it retrace a bit to 111 round level
NZDUSD Double TakeIDEA: Daily Pivot Down, Trade Long S2-R1... The Daily Average should cause nice resistance to get a sneaky short before we get long. Optimum entry prices are marked with a bar in the stop zone. Also want to see Fibonacci support & resistance along the way!
Short: Will wait for the price to go as high as possible before getting short. Although resistance is showing on the chart, I would rather wait for good P&L
Long: I adjusted the entry for the long to account for sharp downward pressure & better trade P&L. At the long entry I want to see price get as low as possible before entering a long.
Cons: Its also Quarduple Witching Friday & price action can be madness...press play & lets see what happens
News: ECB's Lautenschläger Speech & USA Retail News marked with vertical lines.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
West TexasIDEA: Daily Pivot up, Trade Daily S1-R2... Buy the dip
Technicals: Daily Average Pivot and the trade entry pivot are at the same point. Expecting this to cause strong support for the long move @ Daily S1 Pivot 49.036. Profit target set at Daily R2 Pivot 51.082. Looking for Fibonacci support on the way up to profit target.
Fundamentals: North Korea fired another missile over Japan a few hours ago. Nuclear tension usually sees oil prices rise. Its also Quarduple Witching Friday.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
GoldIDEA:
Technicals: Expecting long move @ Daily S2 Pivot 1309.78. Profit target set at Daily R1 Pivot 1334.71. Looking for Fibonacci resistance on the way down the channel to the entry and support on the way up to profit target.
Fundamentals: North Korea fired another missile over Japan a few hours ago. Nuclear tension has seen gold prices rise into the weekend. Its also Quarduple Witching Friday.
Cons: Price could get long on NK missile news and miss the dip buy. Ema 300 may give the news the support to get long from here.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Long GBPAUD - Anticipating No Surprise to MPC VoteSo generally the MPC vote is expected to be Neutral and if we look through a bit, if it does comes out 7 Hold to 2 Hike as expected, GBP should be weaken.
Now my intention is to look for clue if the market has already priced this in: on average, up to this point GBP is down with the most down being GBPAUD. Let's say the trend continues to in the next hour, my conclusion is the market has priced in the base case expectation. What I will do is to Enter Long GBPAUD as I bet if the outcome is Neutral GBP will rebound. The scenario where I will lose money will be not all of the results came out as expected i.e. one of those data point is even more bearish (increase in amount of APF, more than 0 dovish vote).
Technical level: it is hovering around 1.6476 - 1.65, I will make Entry with Stop-loss below these, TP is around 1.6574 - 1.66
