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Shortingopportunity

USDCAD Technical Analysis Outlook November 8, Danger Lurking? The price of the USD/CAD currency pair has aggressively surpassed its moving average of 1.3070, trading at a current price of 1.3112 as of 12:40 PM, ET, November 8, 2018. The Mstardom Finance Forex Trading Strategy told us that a strong mean reversion possibility has developed, and we should be prepared to trade this opportunity if we weren’t already in the trade. Our ideal trade entry range is between $1.3130 to $1.3187, where we will initiate a sell order. This means that anywhere within that range is a very good place to initiate a short-sell order. Remember to keep an eye on the Economic Calendar located on the Mstardom Finance Economic Calendar page to keep abreast of what economic events are scheduled for that time period that you have set aside to trade. By looking at the current USDCAD daily chart on November 8, 2018 @11:04 AM, ET, we can see that our predicted price action has begun to take shape. In other words, the price has begun to approach our point of trade execution. The Mstardom Finance Proprietary Forex Trading Strategy told us to initiate a sell order when the daily price gets to between $1.3220 and $1.3242. The $1.3242 price target is our hypothetical resistance zone given to us by our Forex trading strategy. At this moment in time one could play Russian Roulette and go long for a short period of time. However, this strategy is very risky. A courageous trader might be able to get away with trading the USDCAD pair that way simply because our Forex Trading Strategy told us that the USDCAD pair is currently exhibiting a very low dose of volatility. In an instant, this low-level volatility environment (of volatility less than one) could easily become an environment with a volatility greater than 4 to the upside, inducing upward momentum volatility or to the downside, inducing downward momentum volatility if there is a positive or negative news catalyst. The way Mstardom Finance traders handle such unpredictable news catalyst from wreaking havoc on our trading is by keeping a close eye on the Economic Calendar located on the Economic Calendar page on Mstardom Finance. We pay the most attention to the upcoming events that is designated with three (3) bull heads. Please click more... to see the entire article. Disclosure: I/We/Mstardom Finance do not own a position in the USD/CAD currency pair. Disclaimer: ©Mstadom, Inc., Mstardom.com, Mstardom Finance does not provide investment advice.
Short
by mstardom
While We wait on the 1 hour candles... Lets view w/ 5min I've recently been testing the B.B. Reversal strategy. On XBTUSD using the 5min. candles & So far has proven to be quite profitable...(I just started testing earlier today. Sooooo) Anyways The Rules are simple, Stick to the Rules, Always wait for confirmation candle and MOST Important IS To TAKE PROFITS early. I found it to be a far better strategy IF I have a predetermined 'take profit' set. using this method it around the $200 mark, but everything is situational of coarse, but with practice you'll know when the time is right. Just DO Not Get Greedy. I've found out the Hard Way. That bitcoin is a sloth, except for when the market actually moves, and I've watched too many $200+ profits get erased in a moments notice w/o warning NEVER to return... Here are the Rules I employ: * subject to change w/o prior notice... lol 1.- Only employ this strategy using either the 5min & OR the 1 hour candles Plz 2.- Once candle breaks through the B.B. but then closes back inside the B.B. (I've highlighted examples in chart) Once the follow candle which starts inside B.B. then usually the candle willl 1st venture back outside the B.B. almost matching previous wick... Once that candle closes back inside B.B. then its confirmed to follow trend 3. take profits at Mid way of B.B. unless candles break through Half line w/ no problem, should result in complete crossing of B.B. ( from top - botttomo vice versa) a Gud example is IF the trending candle closes prior to crossing midway point then TAKE PROFITS Bcuz possible reversal. IF trending candle closes after crossign midway, Hell I still take my profits.... then wait to jusge market at that time, If able to jump back in do so IF not NEVER chase trends. There will Always be another opportunity. Some say count your blessing. I prefer to count my profits, but thats just Me... Too each is Own...
BITFINEX:BTCUSD
by bitcoinatx
3
Bitcoin is not going above 20k within 2018Hi guys. I don't want you to believe me but this is what is going to happen as my analysis. Just wait and watch what will happen until 2019. I am not saying that Bitcoin will go as exact positions I mentioned but it will go around them. We will follow indicators and patterns for getting perfect positions time to time. I am suggesting you to sell when BTC will go around 15k. It could be the best position to exit the market if you are a long-term holder. But if I am wrong and BTC will go above 20k without dropping anymore then you can buy again by finding best position. Because then we are secure I think. This is my strategy at this time. I am going to do that. I cant explain you much because I am not good in English. I just have limited vocabulary to talk. I will update this idea as it needed with new positions. I hope you could understand. This idea could be useful for those guys who trading on leverage. Bitcoin is going to drop 3k it's not mean we cant get profit in that time or end of crypto. We just can't only watch dropping market. We need some entertainment and of course money this whole year. We can still get profit from it but it is too risky. Stay away if you cant see market daily at least 10 times maybe or you don't want to lose money. Of course, after this all happen it will get up again and rise to the Marse (Moon is too close) and also “There's always light after the dark." Now our target is around 15k. I will update this idea in few hours again with perfect position. Good Luck (I take 2 hours for writing only this one paragraph. Now you can understand how's my English. But it can't affect on my analysis of course.)
BITSTAMP:BTCUSDShort
by firdosi
12
BTC/USDT - Correction incomingIn the hourly chart, we can see various elements that support the price is going to correct: 1) BTC hit a new high at around 17480$ today, not much higher than the one it hit on December 8th, this could result in a double top formation. 2) The failure to make a new ATH in a strong way created a divergence in the MACD, showing losing bullish momentum. 3) The 200 periods SMA, which has served as support in various occasions in the past, has been prolonged (in the most sensible way I could find) and it touches the 50% Fib. retracement in a critical point, around 15000$. Why is that level important? Because it is a "big even", a round, psychologically relevant number. Because it is where the 200 SMA and the 50% Fib retracement intersect (as stated above). Because the last BTC correction followed a downward angle of 48°, and, if it happened again, it would again hit that critical 15k. This is why I believe the price will go there. It might fall more, but I think there is just too much support, both technically and fundamentally, right now. Shorting BTC at this time of history is dangerous, of course, so a stop loss order should be placed just above the most recent high, around the 17550$ level. I am not a financial advisor, this is just my personal opinion. Any comment is appreciated.
Short
by Andratos95
4
$MU setting up a bearish trend. Time to take profitsBack in May of 2016 $MU was showing very positive signs that a rally was about to begin. Little did we know it would go from around $12 to a high of about almost $32.96 in a span of 14 months. Along the way, people kept asking, "Is it time to sell $MU?" Our answer was always the same - not yet...until now. What we are beginning to see in the chart of $MU signs that suggest now is the time to begin taking profits and exiting positions. SELL! SELL! SELL! The chart below shows the weekly time frame for $MU and how it has been trading sideways for about 10 weeks now. But that's not all. It's the patterns and the candlesticks inside this sideways trend that is becoming very spooky and cautions traders to begin taking profits. The one thing going for this weekly chart is the fact that we are literally just at the beginning of the week. Friday will tell for sure if there is any chance for this stock to recover. But from what we can see right now, it is not looking pretty. So much so that it will prudent for people to start exiting their positions and looking to find profits with other stocks. A close below $30.20 on Friday at 4:00 p.m. August 4th 2017 will spell disaster. When will it be safe to get back into $MU? Well until the channel breaks to the upside or until we begin seeing some form of reversal signs. Until then, whether it is a sideways trend or the beginning of an outright downtrend, $MU is not looking good.
NASDAQ:MUShort
by Rightsidetrading
1
Short Position in NFLX After Earnings MissI'll be the first to admit that I've been bearish on NFLX for a long time. Long enough to see my short opinion be ripped to shreds as NFLX share price climbed higher and higher. For those that have followed my ideas on US Equities, you know that I am not a fan of highly leveraged balance sheets. Well, NFLX is no exception. NFLX Cash to Debt Ratio is 0.52, and their Equity to Asset is 0.20. Taking a look at Free Cash Flow per Share, NFLX came in at -$3.96, almost double the decrease since last year. Because of this, I wanted to wait to see what their earnings report looked like. After all, with companies like NFLX and TSLA, I learned the hard way that it doesn't really matter how the balance sheet looks, as long as the company is meeting expectations and delivering on promises. I mean, NFLX is trading at almost 200 times earnings. 200 times. No company is worth 200 times earnings. Looking at the weekly chart (once again, I'm trying to develop the habit at looking at weeklys to give myself a better look at the more powerful movements), NFLX appears to be overreached. Now of course they could scream even higher, pushing 250 times earnings, but I don't think so. Earnings came out and NFLX didn't quite meet expectations of Wall Street. NFLX missed on their International Subscribers, which is what I was looking for as a bearish signal. Regardless, in my Paper Trading account, I shorted NFLX at 143.21 with a stop loss at $149 and an initial profit taking point of $120. This presents a Risk Reward ratio of about 7.71:1. I risked 1% of my capital. All the best, RC
NASDAQ:NFLXShort
by BrandonBeylo
Potential Short in FDX Still trying to find my way through TA and trend following, I chose to scrutinize a company that I picked to be in my portfolio at my internship. Back in October, I looked at FDX for a long position to fill out a portfolio of blue chip dividend paying stocks for a model client portfolio. As luck would have it, the stock then rose from $170 to $200. I was happy with the result of the trend, however, as it approached $200, I felt uncomfortable keeping it in the portfolio. I thought it was overreached. This is where I fight the deep value investing principles of "buy and hold" with the trend following rules of riding profits and taking profits when the trend has run its course. I am still trying to find a middle ground, I am getting closer. Looking at the daily charts, FDX is hanging on to support at the 186.39 level. As of yesterday it crossed its 50 MA in a bearish manner, but I am looking for a confirmation and continuation of the bearish sentiment, and I like the probabilities. Fundamentally, I wanted to get rid of FDX due to increased debt accumulation, decreased cash, and negative free cash flows. With a PE Ratio of 26, its more expensive than 73% of its competitors. Its trading 3.26 times book value, putting it more expensive than almost 90% of its competitors. Cash to debt ratio has decreased each year over the last four years, going from 1.64 in 2013, to 0.26 in May 2016. Enterprise Value for FDX has increased over the last four years from 28,572 to 54,136 in 2016, that's a high price tag for 26 times earnings. For these reasons, I give more weight to the bearish probability outcome than I do the bullish one. Could the fact that I've found more shorting opportunities in larger cap "blue chip" stocks mean something for the overall market? I'm not sure. Would love some feedback. If FDX breaks current support, look to take profits around the 200 MA. Not the greatest Risk Reward Ratio: 1.49, but nevertheless, interesting to see what happens.
NYSE:FDXShort
by BrandonBeylo