Get started

Rgmov

Bitcoin vs GBTC: An etf will be approved by Jan 15thI think someone thinks like me here, RgMov is surging in this ratio, showing $BTC outpace $GBTC, Barry Silbert's shady fund, that trades at a massive premium since forever, due to it being the only way to get $BTC exposure for most people with brokerage accounts since basically forever. Once an ETF is viable, premium will vanish, making this a good bet, if you find a broker that lets you short it (and are able to buy real $BTC or futures at Bakkt or CME for the same dollar amount as you short in $GBTC shares). Risk 7% to make up to 30-40% on this trade. 15% allocation would be a good fit. Cheers, Ivan Labrie.
CME:BTC1!Long
by IvanLabrie
12
$ETHBTC: Monthly chart points lower still...The closer $ETHBTC gets to 0.0134 the higher the reward to risk will be to go long, but until March 2020, the possibility of hitting 0.0063 remains high. After then, we might have a chance to go long in the long term. Path of least resistance remains down in the ratio until March. With talk of ETH2.0 being released by Q3, this might cause a bottom to ensue in the ratio finally, but for that we need to see a major capitulation of ETH holders, which hasn't happened yet. We also need the ICOs who raised tons of ETH to sell all they have to sell, that puts a lid on any advance for now. Breaking below 0.1611 would be a good thing to see, let's wait and see how this unfolds. My guess is that the ratio will accelerate lower with $BTCUSD moving higher towards 10-20k. Cheers, Ivan Labrie.
Short
by IvanLabrie
7
EURUSD: Weekly buy zone acted as support so far...There's a big weekly trend active in $EURUSD since two weeks ago, the dip that happened this week gave an interesting opportunity to go long with a good reward to risk ratio and 60% probability of hitting the first box target, or as high as the 2nd box on chart, within 7 weeks. I'm buying at market open since I missed the ideal entry. The trade idea remains valid, and it might be a good addition for a balanced portfolio considering the Iran situation. Oil correlated assets are a bit overextended too, and Iran's influence over oil prices is likely exaggerated judging by the reaction of #USOIL to the US attack, making airlines, oil correlated currency pairs an interesting target for speculation too. Think, EURNOK, or CAD pairs, or possibly even MXN. Cheers, Ivan Labrie.
Long
by IvanLabrie
1
BAC: Confirmed long term trend...I published this one only now, I've been long for a good while, and banked profits recently. I bought $BAC today, near the closing price. I think this stock is primed for a huge rally, that will end in a new all time high by 2021. Definitely one of the strongest long reccomendations I can make to benefit from the long term trend that is active in the S&P500 right now. Management is very competent, and earnings reports have been very positive for the company since banking regulations started being eased recently. This is a big positive for financials, and with $BAC's capable CEO continuing to reach their goals on time, reducing costs and operating at huge efficiency ($BAC has one of the highest efficiency ratios among its peers), and most people pessimistic about the outlook of the economy and the stock market, the path of least resistance is up.
NYSE:BACLong
by IvanLabrie
NGAS: Natural gas is a low risk buyI think Nat Gas is bottoming here for a while. It can swing up strongly, if it holds up. We have 4 days without going any lower, soon to be 5, the next move is going up and retesting the key level at 2.27, if holding over it, the next level is 2.88. We have 5 months already, where price stayed higher than the lowest low which took place back in August 2019. A higher high by February would be extremely constructive for $NGAS. A 3 times the daily Average True Range indicator value stop loss distance would give long positions enough room to breathe, in case it didn't yet bottom in the daily chart. Normally this is a good stop loss methodology, to buy into mid term positions and avoid short term noise. Cheers, Ivan Labrie.
FX:NGASLong
by IvanLabrie
GE: Huge signal in both weekly and monthly timeframes...Relative strength in $GE is through the roof here, and very interestingly it comes while insiders are buying shares, after the CEO was fired and the stock removed from the S&P500 index. These are STRONG bullish signals, and not to be ignored. The fact the stock broke into new 52 week highs, on big volume, while the market was down sharply is a clue here. I'll be buying into a half position at market open and looking to add on retrace if viable later on. Cheers, Ivan Labrie.
NYSE:GELong
by IvanLabrie
USDNOK: Overextended, at quarterly support...USDNOK is in an active quarterly uptrend, and now retested a good long term support level. Longs from this zone are likely a very safe proposition, problem is having a safe enough stop loss for the trade, since the time duration of the trend is very long. Price should rebound here, and if it does, it would be a huge reward to risk trade to go long with a tight stop. Alternatively, you can trade with a wider stop under 8.5234, to ride the quarterly trend, both are valid risk management approaches here. I'm choosing the former, since I want to squeeze a very high reward to risk trade if the signal works. Best of luck, Ivan Labrie.
Long
by IvanLabrie
XAUUSD: Weekly trend signal activeIt seems there is a mid term opportunity to be long precious metals for 12 weeks here. I'm long since last week again, as a way of reducing risk from my net long equities exposure (roughly 21% net long, I'm short $AAPL, $AMZN, $NFLX, whilst long $TSLA, $BAC, $INTC). Upside in gold can reach as high as upper 1700s, if this signal pans out favorably. Risk is a drop below last week's opening price give or take. A good opportunity would come if prices retrace this week, or in the next 2 weeks, but it seems unlikely to occur. Currently I'm holding a 1/2 position, with room to add more exposure if needed. My longer term view hasn't changed, stocks are likely to keep rallying during 2020 and until mid 2021 possibly. A major move in gold is still a lower probability scenario, but it's always good to buy it periodically as insurance when there's downside risk in stocks. Cheers, Ivan Labrie.
FX:XAUUSDLong
by IvanLabrie
BAC: Good daily signal...long term trend is up$BAC offers a good entry to join the long term trend here. The daily timeframe flashed a signal today, if it holds over today's low give or take it will likely accelerate up from here, moving higher for 6 days, before consolidating once more for a week or two. Fundamentals are in place for a massive trend up in financials, with regulations loosening recently, since the financial crisis of 2008. $JPM and $BAC are two favorites here, going into 2021. Earnings reports are also extremely positive for the company, with management doing well on their promises, and digital banking reducing costs substantially for $BAC. Very low risk position for the long term. Cheers, Ivan Labrie.
NYSE:BACLong
by IvanLabrie
XAUUSD: Buy gold after stocks peak in March-April 2021This is a forecast slash guess based on the fact that $SPX is trending in the 2M and 12M timeframes, with big trends set to end by 2021 only. New highs confirm the outlook I had predicted for $SPX before (see related ideas), and sentiment getting negative on equities, despite prices climbing the wall of worry is an amazing signal for us. It's time to be 100% risk on, until March-April 2021. Sell your gold, and don't be in a rush to buy it back. That said, $XAUUSD can present multiple trade opportunities between now and then, just don't expect any huge one directional multi month moves in metals for a long time. When we expect stocks to consolidate or correct in the short term, metals might have some upside swings, but I expect them to remain range bound. Cheers, Ivan Labrie.
FX:XAUUSD
by IvanLabrie
2
JPN225: Nikkei potentially confirming a yearly uptrend soon...The Nikkei has been in an insane climb lately, and Japan as a whole, has been presenting more attractive valuations overall, than US or Europe stocks. Personally, I'm long EM equities, and some US ones, but, Japan does have a valid uptrend in the intermediate term, and soon in the long term as well. One concern you may have is mainly demographic, if you factor in the population aging, which could contribute to a slow down of growth over the long haul, as well as potential geopolitical risks, being so darn close to 'Rocket man'. Talking of Rocket man, did you know there was a Megaman prototype game called like that, before it was called Rockman X in Japan? I didn't either: www.youtube.com Funny stories aside, wether Trump is a Megaman fan or not, this is a significantly interesting chart to monitor for bullish setups in select japanese equities. Best of luck, Ivan Labrie.
FX:JPN225Long
by IvanLabrie
1
XOM: Long oil stocks now...I think we have many interesting companies that show big accumulation bases that can rally nicely with oil during and after January 2020. $XOM is one of them, risk is a $3 drop from here, to make it to the target on chart at least, but could be twice as big of a rally in this timeframe too. Over time, there's a chance of a monthly basing pattern to confirm a trend, which would align with what I see in $USOIL. Big speculative trends are about to get in motion during 2020, I think many will be related to $USOIL rallying, like solar names, $TSLA and other EV related stocks (battery tech and materials, etc) and Emerging market stocks like $ARGT, $EEM, $EWZ, Singapore, Vietnam, and individual names in energy with solid charts and valuations. Best of luck, Ivan Labrie.
NYSE:XOMLong
by IvanLabrie
XAGUSD: Weekly downtrend might fail...I think the daily based decently here, and judging by Friday's bar, a trend might be about to gain traction. Silver is likely a good buy from here onwards, should be a good addition to your portfolio, to hedge equities risk, and/or to profit in a speculative FX/Futures account. There will be many trend trading opportunities in precious metals going forward, most likely showing a bigger edge on the long side when viable. IF prices don't go any lower, the weekly trend will become a fail by Dec 23rd, in which case, we could expect a rally back over recent highs at the very least. The situation in Hong Kong might turn investors toward risk off assets here, which might end up benefitting Bitcoin as well. $USDCNH seems to have recovered, and might move higher, so, $XAUCNY will likely trend up as well. I worry that the recent trade deal related optimism might end badly, at least in the short to intermediate term...For this reason I have sold my risk on positions and bought Gold on Friday, and will be looking to buy Silver at the open as well. Best of luck! Ivan Labrie.
FX:XAGUSDLong
by IvanLabrie
$INTC: Explosion pattern signal#INTC flashed a big trend signal in the daily timeframe here, explosive upside potential. Risk is $1 per share roughly (stop at 57.75) to make up to $6.06 per share in 11 days. With China changing their stance on IP theft over the weekend, a big trend in equities can fire here. Trump more likely to get to a trade deal resolution soon (or that is what market participants anticipate, judging by price action). On the flipside, valuation for $INTC is quite good here, and I would favor trading on the long side on the way up, for as long as $SPX keeps trending up. (there's a long term bullish forecast that recently was confirmed, implying the stock market will advance intensely in the coming months, until 2021 pretty much, see related ideas for the post I made anticipating this a while back). If you want to get real time alerts to join all my trades, be sure to check out my FB page, it's in the signature field below. Cheers, Ivan Labrie.
NASDAQ:INTCLong
by IvanLabrie
BTCUSD: Bakkt volume increasing and a failed short signal...The correction in #BTCUSD is likely over, the last short signal I had was stopped out at 8026, so we had to rush to cover and flip long immediately. Despite this setback, the confirmation of that signal failing implies a 1 month move towards 10k, and the odds of the long term trend that kicked off when we broke 6600 being active increased. If we move as planned, and hit 10k, and then move sideways until prices launch up over 11-12k, we will most likely be on our way towards 18-35k in the mid term... If this happens, then the upside can exceed 40-50k easily, reaching a peak as high as 240 to 360k over time, by late 2020. Bakkt is seeing an increasingly strong volume trend, which was what I wanted to see for a bottom to materialize. The fall was caused by CME short sellers most likely, who shorted in the face of low volumes after Bakkt launch -which seemed to indicate that the expected institutional demand was a hoax, and never happened, making bullish aspirations a mistake...-. Clearly, CME traders profited from this move, but there is now evidence that their initial conjecture was erroneous, which we will know over time, as Bakkt volumes increase more and more as a sign of instutional demand, seeking secure real #BTC ownership. Cheers, Ivan Labrie.
BITSTAMP:BTCUSDLong
by IvanLabrie
2
USOIL: Longs are viable..We just need to find a good entry in the daily chart, this might be a good trend to ride going into 2021. Constructive action overall, and also a net positive for $TSLA shares, solar emerging markets and others...not good for airlines though. If this uptrend pans out, it'll end up hurting the economy badly once the effect is felt on earnings. Tim West recently explained this very well (once again) in his publication. See related ideas. Cheers, Ivan Labrie.
FX:USOILLong
by IvanLabrie
13