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Rgmov

CUBI: Short term swing trade$CUBI offers a very nice long opportunity against the Key Earnings Support level at 26.23. Look to enter longs next week, and aim for a retest of 27.38, risking a drop to 25.66 initially. Ideally, you'll get the fill as reccomended on chart, if not, you can simply enter long at market, and use the same stop at the open. Watch the open on Monday closely. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
NYSE:CUBILong
by IvanLabrie
PBF: Potential long term long zone and daily swing tradePBF has a nice bullish setup in the daily chart. After an extended decline, it's likely to move back up to meet the weekly downtrend mode after the time projected in the weekly expired right at the bottom. Daily charts are setting up as bullish with RgMov making a new high ahead of price, and a potential Time at mode uptrend signal about to confirm if the next daily bar stays above 22.70 until the close. In any event, probability of a move up is considerable, and specially backed by rising crude, SPY, and the recent shortage of fuel in South America, which greatly benefits U.S. refiners like PBF. Long term longs can be established at these levels, risking a specific percentage weight in your portfolio, or perhaps you can take the technical setup here and go long risking either 3 times the daily ATR (I reccomend this) or risking a drop under 22.70 after Monday's close (if this level isn't retested). Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
NYSE:PBFLong
by IvanLabrie
4
AUDCAD: Uptrend continuation tradeWe have a nice potential trade setting up in AUDCAD. The uptrend has been quite strong, and retesting this key level gives us good reason to reenter longs. This week I'll post some of the trades I send to my signals clients, stay tuned for more. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
Long
by IvanLabrie
3
TGT: Nice uptrend continuation tradeTGT is offering a second chance to go long if you missed my call in the Key Hidden Levels chatroom, or if you are not one of my trading signals clients. Go long at market, stop at 74.13 and aim for 79.81. Risk 0.5-1% per trade idea I post. Cheers! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NYSE:TGTLong
by IvanLabrie
DHT: Interesting longer term trade ideaWe can take a longer term position in DHT. It goes ex-dividend soon, has a very high paying dividend (14% dividend yield) plus a 25% free cash flow yield and manageable debt levels. I like how it has been outperforming the market recently, and how the monthly technical chart looks. Looks promising. Enter longs at market with stop at 4.19, aim for 11.15, in the long term. Cheers! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NYSE:DHTLong
by IvanLabrie
SPY: Projecting the top targetIf we employ the time at mode trend analysis methodology we can conclude that the SPY chart is in an uptrend in the weekly, daily and intraday charts. Currently, there's a daily and weekly signal active, and the targets are labeled in the chart. I'm holding longs and shorts in different stocks, and currently long SPY, but will track the progress of the uptrend closely to catch the retracement or reversal once it's confirmed. For the time being my bias is on the long side though. I reccomend paying close attention to the dates on chart, since I anticipate some kind of reaction to these technical and fundamental landmarks. I'll expand the analysis and update the chart as we move forward and include some of the setups and charts we have been discussing, both with my signals clients, as well as in Tim West's 'Key Hidden Levels' chatroom linked below. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
AMEX:SPYLong
by IvanLabrie
6
NOK: Norwegian krone is a long against the yenWe have a nice pair opportunity (and perhaps a great *USD trade) in the NOK crosses. NOK shows excellent relative strength, and has a lot of catching up to do with the Yen, which makes it ideal to long NOKJPY or long NOKUSD and short JPYUSD, risking 1 weekly/monthly ATR per side. The NOKUSD trade is to long at market or on dips, and risk a drop under today's open, if you're interested in taking it, targets on chart (upper Brexit Key level). See comments for the NOKJPY chart (my signals group clients arealready long for one day). Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.
Long
by IvanLabrie
Inverted VIX: Ominous signalThis might be an interesting pattern to monitor. Lately the SPY has been outperforming inverted VIX, unlike what happened at the start of the 2016 uptrend, where we observed a shift from outperformance to underperformance. The inverted VIX daily chart shows a daily downtrend is ongoing and suggests we'll see a 22.88% drop (22.88% jump in VIX) over the next few days. Considering NFP on Friday, this might not only happen sooner than forecasted, but might be a conservative estimate. I'm holding SPY shorts (among other trades), and looking to hold for an extended period of time if we break under the monthly uptrend mode support in SPY. Keep close watch of this chart, and remember to keep position sizes safe, if you're holding trades over the weekend like I'm doing (considering NFP Friday). Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
TVC:VIXShort
by IvanLabrie
USDTRY: Resuming the uptrendDear traders, it seems like it's time to reenter USDTRY longs. Now with price moving firmly back above the (fake)coup key level, I think it's highly likely to see the dollar rally resume, against the fundamentally weakened Turkish Lyra. My signals group is long for a day already, from 2.9920 with stops at 2.9707. We're looking to add to longs here, and trail our stops up gradually. You can take the long here and use the stop and take profit depicted on chart. Risk 0.5%-1% on it. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by IvanLabrie
ETH: Fiat pairs are in an uptrendWe can obtain good information from plotting the product of ETHXBT and BTCUSD or BTCCNY, specially since some of the ETH fiat pairs are not too liquid (worst offenders are the USD pairs). The weekly has finally confirmed an uptrend continuation setup, so I expect the move up to be really intense. Try to be in and don't miss out. You can buy half at market, and buy the rest of your position if we get a dip to support. Since we have hit the DAO hack resistance we could see a small dip before marching higher again. Stop losses should go under this week's low to be extra safe. You could opt for using last week's close as your stop too, which would be more aggressive. Any move under the triangle apex on chart would warrant 'buying the dip', keep an eye on it. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by IvanLabrie
2
EWQ: France ETF long term time at mode analysisWe have downtrends in all timeframes except the daily in the France ETF. Currently price is about to break below the yearly downtrend mode, which if it happens could start a big slide down. The daily suggests a short is optimal here, risking a rally to pre-Brexit highs at 24.70, targets can be initially the monthly one at 19.22, but eventually this could evolve into a drop into single digits if the yearly downtrend signal takes over. Target is precisely 8.77, and is well within the confines of possibility, but not yet confirmed. The monthly setup is already valid, so, feel free to go short. Send me a private message if interested in the CAC40 CFD setup. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
AMEX:EWQShort
by IvanLabrie
FB: Facebook rally?I went short FB today after witneseeing an extreme in sentiment, with lack of follow through after earnings. I like specially how it closed today, and expect to see rapid downside next week. If not short, enter at next week's open, risking a move above 128.33. We can see that price has traced an uptrending linear regression channel if we anchor the start and end with the previous two quarters' reporting dates' close, and we use 2 standard deviations to obtain the channel. Earnings sent FB up hitting this channel top, and also failed to make a new high in Rgmov, which is bearish. Today's activity, after the exhuberance of hitting 4 standard deviations up above the linear regression trend from Q1 to Q2's earnings report dates, confirms my hunch that this was indeed a top in FB. The close is specially reassuring, and I expect to see downside continuation from here onwards. I aim for 113.52 at the very least, but it could break that support and head lower to 102.27. My entry was at 124.48. Good luck if you're in, or looking to join me next week. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NASDAQ:METAShort
by IvanLabrie
1
Dow Jones: the daily trend is now downThis is rather significant. We can detect that blue chips are now trending down, with possibly drastic implications for the market. If not short, you might look into taking an entry in SPY or DIA, or index CFDs like this one, risking a 3 daily ATR rally above current prices. The weekly low has been, we can also place stops above the recent highest high. I'm looking to short FB depending on the price action in the daily as well. I'll publish it when ready. I detail the reccomended setup on this chart (the 3 atr stop loss entry, the weekly short triggered last earlier). We are already short SPX500 from around 2173 and holding for more downside, it's just interesting to observe large caps underperforming the market, and underperforming the equal weighted S&P500 index (RSP ticker). Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
FX:US30Short
by IvanLabrie
9
Oil: Long term monthly short setupWe have a very clear cut case for a short in oil (and a long in USDCAD here). Entry at market is fine, risk half initially and add on pullbacks if it happens to reach a full size position. Stop loss above April's high, and aim for 19.47 here. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Short
by IvanLabrie
EURUSD: FOMC updateEURUSD has confirmed my thesis, and is now rallying after the G20 meeting key level held. We have to see if the Brexit key level is breached, which if it happens, will send the Euro to the 1.1163 handle, and perhaps slightly higher. Additionally to these developments, derived from price action around fundamental events, we can also observe the 'Time at mode' signals on chart, and come to the conclusion that we will see rallying from here onwards, since the recent daily setup failed to proceed to the downside. By this week's close, the weekly trend will turn up if we see a close above last week's high, so, we'll most likely observe a counter trend rally, from the perspective of the monthly, which seems to be the timeframe in control in EURUSD. On the topic of the monthly, which -if we favor top down analysis- is the timeframe in control of the main trend, and thus, the most spectacular and long lasting moves, if the month closes under 1.1216, there will be confirmation of a downtrend that aims for prices below parity in the long term. Hold longs for the time being, we will flip short at the top. I'm long EURUSD from 1.1022, with stop at 1.0952. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by IvanLabrie
25
SPY: Monitoring the correction progressI'm currently holding short positions in SPY, and looking to add if we break the weekly low, as per the setup posted in my inverted SPX500 chart. Upside risk was a rally to the weekly uptrend target, which if it fails, has bearish implications with the uptrend mode retest as the first objective, and if the mode is broken down, further downside to come. If you're in the short pay special attention to the key levels on chart. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
AMEX:SPYShort
by IvanLabrie
1
EURUSD: Time at mode analysisBrexit made the Euro break under the uptrend mode support, very bearish. Right now, the Monthly has a potential downtrend setup to confirm if price is under 1.1216 by end of July. We could form a new 15 week mode here by the end of the month. This could propel the daily and weekly trends up, against the monthly confirmation. What this tells me is simple, sell the top of the rally to rejoin the bigger picture trend. This will take time, meanwhile, we should look for a safe exit for our shorts, and flip long. I think the market will go for everyone's stops, and everyone must be short the Euro right now. It's highly likely we'll see the Euro, Gold, Silver and the Yen rally together once this happens, as a risk off event. The G20 summit might be the catalyst for this to happen, expecting a major shift and volatility, potentially an equities selloff to come as well. After Monday's close, we can determine the new key level location. Pay close attention this week. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
by IvanLabrie
4
Inverse S&P500: Long new weekly highThis chart is very helpful to evaluate our views and biases. We plot the instrument of our choosing as an inverted version of itself, to see if we have a long or short bias. In this case, I agree with myself that the S&P500 is at a top, and would happily long a new weekly high here (that's a valid weekly setup, short new weekly high in SnP, stop loss at recent highest high). Rgmov, cci and evaluation of the price action, sentiment and fundamentals call for an intermediate term top right here. Today's news might very well be the catalyst to send it down and trigger this weekly setup. Are you in the short already? Looking to take it? Leave your comment below, and grade my analysis from 1-10 in level of agreement if you can, thanks. Good luck! Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
FX:SPX500Long
by IvanLabrie
5
TIF: Good long setup, great upside to be confirmed soonTIF has a bullish reversal setup, good valuation and fundamentals and a high beta. It's a very interesting stock to own, with clear relative strength, and good potential upside. We have taken the long from 62.80 today, stop at 62.03, and aiming for prices over 64.50 in the intermediate term. Rgmov shows an uptrend is active, and the RgExp volume indicator confirms today's advance nicely. If we break the earnings key level resistance above, we migh see TIF trading close to 70 soon. Enter longs if we break resistance, buy dips back to the 63.32 handle after moving above this zone, or enter partially at market open tomorrow if not in. You can alternatively short puts at the money for 1 month, or perhaps employ a different option strategy suitable for the current volatility levels. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
TLong
by IvanLabrie
AAPL: Monitoring the correction progressMy analysis of the stock tells me AAPL will reach very interesting levels of valuation once the decline ends. This might coincide with the Q2 earnings report, so I reccomend patiently waiting and monitoring VIX and the price action on chart, to look for a long entry for the rest of the year. Yes, I anticipate a decline here, but it's not doomsday like CNBC would have you thinking, simply a correction, or continuation of the decline from the top. AAPL is a profitable company, with solid fundamentals, and a potentially great investment in the long term, so finding the right dips to buy is always a profitable endeavor. I'm not looking to short profitable companies, and neither should you. I'll update the chart with my long entry once it's safe to enter. For now, don't believe the punters, the news, or fear mongers. Stay logical, and do your own research. If you want to profit from a correction in equities, you can short overvalued companies like NFLX, FB, MSFT for example and avoid shorting stocks more suitable for longs when safe. You may also look for stocks that outperform the market, or act as safe havens, usually either high yielding solid businesses, like WFM, WMT, MKC or mining companies, precious metals' ETFs, etc. Check out my updated track record here: pastebin.com If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.57% on such information.
NASDAQ:AAPLLong
by IvanLabrie
USDCAD and AUDUSD up: Long AUDCADWe have a nice setup in the making here. With oil looking ready to break down hard, I favor AUDCAD longs, (as well as CADJPY and USDCAD longs, perhaps GBPCAD), I do like AUDUSD, but I'd rather pass on the long there for now and focus on AUDCAD at this time, with risk of the risk on pairs suffering losses in the coming 2 months. You can enter longs at market, or on a slight retracement with stops under the recent swing low. I have no tp, just looking to rejoin the uptrend.
Long
by IvanLabrie
3
AUDCAD: Fundamental trend gives us great opportunitiesThe underlying trend is that oil production won't slow down anytime soon and that the oil price will continue to plunge, whereas copper and gold fall at a much slower rate in general. Both currency pairs correlations and Central Banks agendas make them lose value periodically vs the dollar, but that isn't a problem for these setups I outline here. In fact, the mild correlation between the two makes it possible to have an independent trend, born out of these peculiar characteristics of the instruments that we pit against each other, which are basically audusd and cadusd. Rgmov implies that the trend is bullish for the AUD, and I think it makes a lot of sense. We can observe how large and sharp the bullish swings are, specially when under the yearly and quarterly averages. The setups are detailed on chart, feel free to experiment with the concept. Trading it in pairs provides us with more flexibility and no fear of getting stopped, so that will be my favored approach when trading it from now on, but I'd also take the oversold CCI trades in the AUDCAD pair since they are quite sharp and one directional when they occur.
by IvanLabrie
16
CMG: Potential trend reversalCMG has been accumulated in this zone for an extended period of time, and currently taking off from the uptrend mode. We're long with my signals group from the 405 mark. The stock had very negative sentiment due to a case of food poisoning, but currently, there is no reason for it not to rally from here, to catch up to the likes of JACK, for instance. After earnings come out, I'll monitor the formation of a new 'key earnings support' level, and decide wether to add to longs, or simply invalidate the setup and exit if we break down forcefully under 400. Our current stop loss is wide, to accomodate for volatility, and because this is a potential longer term position. I'll update the publication as we move forward. Check out my updated track record here: pastebin.com If interested in my real time whatsapp alerts and swing trading newsletter, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers! Ivan Labrie Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask. Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
NYSE:CMGLong
by IvanLabrie