USDCAD : Trading Plan for Correction and Bad ScenarioHello Traders.
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USDCAD 1W Chart :
As can be seen, we can say that a momentum decrease is observed even though it is under the influence of both a Distributional (Gradual) sales signal and a decrease in Positive histogram sizes.
Terminal Status on Relativity Adaptive Period Length :
Terminal Status on 107 weeks (Strong DXY Period) :
As can be seen from the terminals, CAD positions and price show similar movements.
It is difficult to get something clear out of here, but we are just playing the correctional motion.
So we will try with small position sizes.
Because this is the most profitable trade here, if it happens we will win.
In the event that it does not happen, the sums we will not be saddened will be lost.
Parameters :
Short Trade 1
Position Size : %0.25
Risk/Reward Ratio : 1/1.72
Stop-Loss : 1.33572
Goal : 1.30694
Short Trade 2 :
* ENTRY : 1.32852
Position Size: %0.33
Risk/Reward Ratio : 1/3
Stop-Loss : 1.33572
Goal : 1.30694
NOTE :
This trade is in these parameters and:
Valid in non-overbought areas and with stop-loss promoters confirming the buy signal plus trend on Defined Areas . (On Presentation)
In case of bad scenario, the places we should look at are indicated in the presentation under the Long Conditions box.
*** NOTE 2 :
If we fail here, we will look for an opportunity to open a long position with a high risk / reward ratio of persistence above 1.33510 with larger Position Sizes.
Regards.
Terminal
AUDUSD can enter the Buy Zone after RelaxationHello !
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AUDUSD 1W Chart :
Terminals in Strong DXY Period(107 Weeks) :
We can observe Tough COT Position Resolution on wide perspective.
This is affirmative for AUDUSD + .
But Economic Reviews and news from especially China will indicate everything.
Terminal Status in Relativity Adaptive Period :
We would have been more confident if the COT Position increase was a little more.
But in fact, at levels that are not to be taken into account.
But the price drop is at a level to consider.
So I suggest small position size.
Because lucrative places with more clues can be put on the table in the future. (After hard declines)
Parameters
ENTRY AREA on Presentation and Effective Point Starts in : 0.66170
Position Size : %0.33
Risk/Reward Ratio : 1/2
Stop-Loss : 0.64287
Goal : 0.69936
NOTE :
AUDUSD Positive means Industrial Metals means positive.
Because Australia's most important commodity source is Iron Ore .
Then comes Gold .
So i want to show Iron Ore's status too on 1W Chart :
As you can see, it holds on to the resistance.
But we see a momentum decrease in my main indicator.
We just got a support from Gold.
That support is concerned about Coronavirus.
For these reasons, I think we can come to these points.
But for the bullish trend, we must first get support from Iron Ore.
Meanwhile, AUDUSD is also a very useful pair for Iron and Steel stock traders. ))
With my best regards..
Bitcoin : Best or Nothing 2 !Hello Traders.
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Bitcoin 1W Chart Status :
Although there is more time for the weekly closing now, our old support has been resistance in the current situation.
When we look at relativity, it is obvious that we see a momentum weakening.
But prices of 8400 are due to Fibonacci 0.618 point.
short positions will go to profit realizations and reduce the density a little more.
Due to this weakening of momentum, we must definitely enter with small positions. (%0.25)
When we look at the condition of the Terminals:
Crypto Terminal Status in Adaptive Period :
The increase in the hash rate supports the long position, albeit slightly.
Miner's data did not show significant changes.
However, an increase in the Transaction Volume Average is required to realize this position.
This gives us a convenience like this.
If the price is going to drop and there is no sudden drop below Fibonacci 0.618, the drops should definitely be in the rising volume:
Long position argument then also gets support from the market.
Crypto Terminal Status after the last 29-week summit:
There is a nice detail here.
Although there is a downside in miner data, the hash rate increase is on average more than %73 compared to the previous peak.
There may be some antidote to increased COT Short Positions.
NOTE:
Those who want to enter now should definitely keep their Stop-Loss tight.
And this results in a transaction with high financial leverage.
And the risk / reward ratio at the current price is absolutely worthless.
If these regions (Entry Level : 8452 - 55 ) are not realized, as I stated on the chart:
Long Position can considerable Permanence Over 9349.4
Short Position can considerable Permanence Under 8452.6
This time I wrote the parameters on the chart.
My entry level is to check the available technical tools in case the regions arrive: Permanence Over 8452.6
Important Reminder
Therefore, if these regions are not exceeded directly and do not break down, please review the status of your own indicators when the regions arrive.
Do not any pre-orders for any direction.
Best regards.
S&P 500 : Actually No Need to PanicHello Traders.
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In this analysis, I simply defined the regions.
Sectoral Overview On Terminals :
Here you can see all the sectoral changes.
However, if there is commodity commitment, separate analysis may be required for commodities.
WARNING:
The general situation was meant by saying that there is no need for panic.
There is no intention for a long or hold position.
We are now in the consolidation, that is, the correction zone.
All regions are defined on the chart.
However, it is useful to see some permanence in each region change.
Let's not be in a hurry in the changes of the regions.
In return, I can think again for permanence over 2985 for Long Position or Buy.
Of course, after all the checks have been made.
If a situation for opening a position indicating direction is seen, it will be shared as new analysis and added to related ideas.
Best regards.
GBPCHF : ForecastHello Traders.
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Let's start :
First of all , this is my first forecast idea.
Normally i like to share targets with Stop-Loss and Risk/Reward Ratio.
But today i just catched a nice hint on Terminal (Relativity Adaptive Period) :
The increases are almost the same, but when we look at the change of the COT Positions, the CHF is obviously advantageous and the decreases are more buyers.
***
However, it would be an unattractive trade in terms of the trigger status of the Bullish Wedge and the Risk / Reward Ratio.
So let's wait a little longer, if the target finds itself, we will be from a very small gain.
But if it comes up above, we will have a nice short trade with the support of beyond technical analysis cases.
I will never give up on Oldschool Trade, but such predictions allow us to stay fit and not forget.
So if I don't see anything clear, I will share this kind of document and document my own notes.
NOTE :
This idea will be updated from a nice point, which is advantageous Risk/Reward Ratio if I can catch it.
Position Amount will be 0.5%.
Regards.
Stellar : Long Setup
When we look at the terminals :
14 weeks period :
Autonomous LSTM Adaptive Period :
This analysis may be less risky in the following parameters :
Risk/Reward Ratio : 1/2
Position Size : %10 - % 15 of Cryptocurrency Portfolio
Stop-Loss : 0.03972
Goal : 0.09407
NOTE :
Let's consider that trade with reasonable small position sizes.
We can try again in possible severe drops.
There may be better opportunities, let's don't spend a lot of bullets.
Regards.
EURAUD : Short PressureHello Traders.
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Let's start :
1W Chart :
Terminal Status :
Both price decrease and position resolution were observed more in Australian Dollar.
This shows that the Australian Dollar may be more advantageous against Euro.
Apart from this, trend line breakdown and head and shoulders chart pattern are among the factors that support short but we are in a very volatile time as understood from the bar lengths.
Those who wish can stretch their Stop-Loss.
Low leverage is recommended.
Volatile movements are quite high, so we will enter with small positions.
Suggested Parameters :
Position Size : %0.5
Risk/Reward Ratio : 1/2.02
Stop-Loss : 1.62281
Goal : 1.59545
NOTE : You can take a look on Related Ideas to understand the analysis main structure on wide perspective. (DXY 107 Week Status on Terminals)
TP1 : 1.60257 (Fibonacci 0.618 Point)
TP2 : 1.59545 (Goal)
Regards.
Ethereum : Long Setup
I waited too long to get position from below but I missed it )
I also waited for a close above the trend line. (1W)
When we look at the terminal related Major Cryptocurrencies :
We see Ripple and Ethereum stand out.
They are being discounted.
Blockchain data change is also nice.
We will examine the other Cryptocurrencies later.
I think it is necessary to be in the game because it contains a valuable Risk / Reward ratio.
This analysis will be more risk free with the following parameters :
Position Size : %1 or Small Percent of Crypto Portfolio ( %10 - %15 )
Risk/Reward Ratio : 1 / 2.63
Stop-Loss : 140.95
Goal : 236.61
Regards.
Bitcoin OverviewHello, if we remember, Bitcoin started strong attacks by reacting strongly to a 30-week downtrend and we have to look 25 weeks to understand Blockhain Data Relative Change on falling point :
Currently, the Buy Signal continues on the weekly chart.
But we are a few millimeters away from the resistance (9335.7) :
If we look at the Terminal status in this 25 Weeks period:
Blockchain data change seem strong.
There is only a decrease in the Transaction Volume.
However, it should not be ignored that this data is that is subject to great changes even during the day.
Apart from this, it seems that some altcoins are trading with very discount.
In the continuation of the positive scenario, those who are over-discounted have the chance to rise more than bitcoin.
(If they have no subjective problems)
It should not be forgotten that they will take a share in the continuation of the positive scenario.
So let's give importance to Minor Resistances in the Bitcoin subj.
Conclusion
It is very important that the weekly closing is above the resistance and the Buy signal does not change for Long.
The bulls are strong now.
Therefore, it can only be considered at a close under support.
By the way,
Our Altcoin trades continue.
I'm attaching them on Related Ideas , if you want to look at them too . (Litecoin ended and waiting for Ripple Weekly Close too.)
Regards and have a nice day!
EURUSD : Which Cypher ? Hi.
At EURUSD, first the Bearish Cypher Pattern worked and we came down.
Now for the work of Bullish Cypher Pattern,
A closing on the Blue Trendline is required.
There is not much hint when we look at COT Net Positions :
Only 2% Position increase is observed on Autonomous LSTM Adaptive Period.
Let's follow the Blue trendline.
1W Chart Status :
And we are under the influence of Bearish Cypher whenever we cannot break this trend line.
It should not be forgotten.
Finally, if you think this analysis is useful to you,
press the LIKE button )
Regards.
EURJPY Bullish Wedge Breakout and Waiting for Long OpportunityIt would be correct to look at the reactions of the positions in the 48-week drop in the EURJPY pair :
Last 48 Week :
COT Positions :
-For JPYUSD
Despite the rise, there is a 6.76% decrease in COT positions.
-For EURUSD :
Despite the decline, a 7.21% increase in COT positions.
The Bullish Wedge Breakout here shows that a downtrend of very high standards is over.
Long Signal is possible when the signals return to positive.
I shared it in order not to forget it.
In addition, we are also under the Long signal effect on the weekly chart :
Here, the Risk / Reward Ratio remains a bit low, and a buy signal in Euro / Dollar parity would feel much safer.
However, if a Buy signal comes at lower timeframes in the Oversold region, it can be evaluated.
It must be watched carefully!
Regards.
Some thoughts about Bitcoin (education)I have been watching the price movement of bitcoin and I consider a possibility that the current price action is a very rare pattern of the terminal impulse, which consists of 5 waves, but waves of a smaller degree form the 3-3-3-3-3 pattern.
This is not 100% true until it is completed, and serious trading decisions should not be made on this basis.
However, I decided to make this post for the reason that the fact of the formation of such a pattern is very interesting, because it is quite rare.
Please, don't forget to like and follow.
Thank you.
Corn can Test Resistance Levels
Hello friends, especially in the Agricultural Commodity Market :
Corn and Soybeans had been trading discounted for a long time.
I shared my prediction earlier because the Soybeans exceeded intermediate resistance.
That analysis continues (On related ideas)
Now it's time for Corn.
Because Corn just broke up its minor resistance,
under the influence of the buy signal.
When we look at the relevant Terminals
14 Weeks Period :
Autonomous LSTM Adaptive Period :
We can observe that it is being discounted.
It contains a very nice Risk / Reward Ratio.
So it can be tried with a low amount of position.
The parameters I recommend for this analysis:
Risk/Reward Ratio : 1/2.99
Position Size : % 1
Stop-Loss : 3.622
Goal : 4.435
Let us not go into heavy positions, if an otherwise sudden development occurs, we keep our lead when the conditions improve.
Regards.
S&P/TSX Composite Index can test Minor Resistance LevelsWhen we look at Canadian instruments during the Autonomous LSTM Adaptive period:
We see a cheapness in both stock markets and currency.
Even though I have a positive opinion about the target, let's try it out in small quantities and leave more position size in case of a second try on negative scenario.
This analysis can be more risk-free with the following parameters:
Position Size : %1 for Index Futures or Small percentage of Portfolio
Risk/Reward Ratio = 1/1.99
Stop-Loss : 16911.75
Goal : 18032
NOTE:
The unapproved short signal is the leading indicator of volatile movements.
So let's be careful.
Let's leave more room for the second attempt, which, when the circumstances are in our favor, let us gain much more of our loss.
Regards.
S&P 500 Sectoral OverviewWe have already mentioned that the S & P500 major rally started 57 weeks ago :
We are now facing a tough sale.
So which sectors were traded on the index or discounted in this process?
You can view them from the terminal.
I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind:
OSX : PHLX Oil Service Sector Index
XNG : NYSE ARCA Natural Gas
SPSIOP : S&P Oil and Gas
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
CONCLUSION :
We see a discount from the commodity in general and the oil and gas sector in particular.
But in order for us to evaluate them, there should be a time when we expect both an increase in the related commodities and a positive atmosphere in the S&P 500, then we can turn to these sectors and make profitable investments.
Regards.
Futures OverviewWe have already mentioned that the S & P500 major rally started 57 weeks ago.
So what is the situation in the future markets in these 57 weeks?
What are the positions of positions?
In particular, we see that Euro and Australian Dollar currencies are in decline despite the 57-week rally, the Australian Dollar is an excellent pair to observe commodity movements.
We can't talk about a general commodity rally right now, but we can watch it in February because the stock markets have become a little more cautious.
The change of the British Pound, Canadian Dollar and Swiss Franc positions in 57 weeks is enormous.
From Agricultural Commodities, we observe that Corn and Soybeans remain cheap, but this cheapness is not yet sufficiently positioned.
On Industrial Metals, on the other hand, have the same cheapness in Copper and positions are slightly stronger.
Platinum has experienced an enormous increase and positions are strong.
It can continue for a while like this.
Regards.
General OverviewWe are in the 57th week after a strong rally starts at S&P 500:
In these 57 weeks, the S&P 500 index gained about 30.6%.
Major commodities other than Natural Gas have taken their share from this value gain.
We observe that Japanese Yen positions are starting to increase.
There is very little position increase in Euro, we would like to see more.
Iron ore was valued more than the S&P 500 index in these 57 weeks, which has seen a big sale today.
We observe that the U.S Dollar Index and VIX CBOE Volatility Index remained calm as it should be during this rally.
There has not been any obvious position increase yet.
But since last week, we watched a VIX movement increase over 6%.
The decline in the US 10-year bond yield has supported this rally, but there has not been a significant increase in positions yet.
We can understand this by looking at the 10Y T-Note positions.
After Looking at other terminals, the situation will be shared.
Regards.
GBPUSD : ShortWhen we look at the weekly chart, we see that the short signal is received :
When we look at the futures terminal, we see that the British Pound is the highest rising against other currencies :
In the light of this information, some withdrawal can be expected in British pounds.
The following parameters can make this analysis less risky:
Position Size : %1
Risk/Reward Ratio : 1/2
Stop-Loss : 1.31199
Target : 1.27859
Regards.
2020 Medium Term Global Markets OverviewHi, I have tried to compile the highlights of my new year as a basis for my future trade and ideas.
I would gladly present it to everyone.
General Markets
In general, the S&P 500 index is in a good rally.
This rally shows that we are currently globally optimistic.
Brent and Crude Oil also seem to have had their share of this rally.
Moreover, the movements of US 10-year Bond Yield, EURUSD and Dollar index are also supporting this movement.
The Japanese Yen is more stable and relatively downward, but positions are unraveling.
These disintegrations may be a clue that a positive trend will be established.
We already know that Gold and Japanese Yen movements are highly correlated on the weekly chart.
Which may support our Gold argument.
The VIX index foreshadows less volatility, but as the index value decreases, the positions also dissolve.
This disintegration is not so much now, but as the disintegration increases, the trend return will be a big sign.
However, we see that Gold, Silver and Iron Ore do not participate in these movements and are quite discounted.
Natural Gas is a less liquid instrument, but there seems to be a significant discount, but the positions have not been sufficiently solved.
Should be followed closely.
Here, Gold, Silver, Iron Ore and Natural Gas in mind, we go down more specifical layers.
Stock Markets
If we look at U.S Dollar based changes of various stock exchanges in the same period, we see that most countries' stock markets benefited from the rise of the S&P 500 Index.
We observe that Australia, Canada, Turkey, China, Singapore,Japan stock exchanges are discounted.
India, Norway, Switzerland, Spain and the Netherlands stock exchanges can also be considered relatively cheap.
In addition, we observe that New Zealand, Denmark, Russia, Sweden, South Africa Stock Exchanges benefited more than the rally.
Forex and Future Markets
When we look at the futures, we can see that the Canadian Dollar, Swiss Franc and Australian Dollar are discounted compared to other currencies and the increase in their positions is maintained.
The euro wants more serious increases in positions.
When we look at agricultural and metal Futures, COT positions seem to support the increase.
But the cheap ones are among them.Especially Platinum is quite cheap.
G10 Developed Countries
When we look at the currencies and interest rate changes in developed countries, we have nothing to say before.
But there is no anomaly between interest and currencies.
Here, the Norwegian crown is relatively discounted.
The British Pound and the New Zealand Dollar have benefited strongly from the rally.
MSCI Emerging Countries
When we look at developing countries, interest yields did not increase at a time when the Turkish Lira experienced a big loss.
An abnormal situation is observed here.
This makes the Turkish Lira even more fragile.
India is not yet at such risky levels, but it is worth being careful.
Taiwan, Indonesia and Chinese currencies are observed to be cheap.
U.S Important Indices
When we look at the important US indices, it is observed that these indices perform below S&P:
DJI : Dow Jones Industrial Average
NYA : NYSE Composite Index
HGX : PHLX Housing Sector Index
UTY : PHLX Utility Sector Index
XNG : NYSE ARCA Natural Gas
SPGSCI : S&P Goldman Sachs Commodity Index
SPSIOP : S&P Oil and Gas Exploration and Production Select Index
GDM : NYSE Arca Gold Miners Index
DFI : NYSE Arca Defense Index
NWX : NYSE Arca Networking Index
XOI : AMEX Oil Index
NQNACE : Nasdaq Yewno North America Cannabis Economy Index
NOTE : This index is not very well settled, but it is possible to look at the liquid stocks in the field.
Cryptocurrency Market
When we look at the cryptocurrency market, we observe that Tezos is the rising star.
In root Cryptocurrencies, the blockchain data of bitcoin's blockchain shows us that it can move upwards.
But this data needs to be a little more powerful.
More discounted crypto instruments than Bitcoin:
Litecoin , Ethereum , Stellar , BinanceCoin , EOS , Bitcoin Cash and Ripple .
However, since these instruments are more fragile, a buy signal should be expected.
And if Bitcoin will be on Bull market with the strong Blockchain data, these instruments can be expected to rise further than Bitcoin.
But it should be remembered that in case of outside capital or hot money inflow, the first rise will come from the Bitcoin wing.
I wish everyone a happy new year,best regards.
USDJPY - Short - Bearish Butterfly w/ Terminal Price BarClear harmonic butterfly with fairly precise D point that aligns with important weekly close level that has acted as both support and resistance in the past.
Price running into the top of the cloud on the monthly chart and a flat kumo level on the monthly is also acting as resistance in the same area
Bearish RSI divergence and both OBV/RSI also facing heavy resistance
Terminal Price bar gives solid SL above 112.8
Initial targets of 110.75/109.4
Cloud is beginning to flatten which should act as a magnet and aligns well with my first target.
Short first then Long for a Lonnnnnnnggggggg time!!Elliot Wave theory states that a triangle is signifying a terminal move and in the case of EURUSD, we have seen complete contracting triangle which started back in March 2015 and a completion of that triangle at the announcement of the US elections back in Nov 2016.
Current wave: Wave 5 of 5 with wave 1, 2 and 3 complete with the wave 3 extending to 1.618%.
Next wave: A wave 4 of sorts will start shortly and I predict that it will be a triangle at a lesser degree signifying and yet another terminal sub wave move
Forecast move: I expect this pair to make a new 14 year low at around the 1.0430 price mark and then a MASSIVE directional change for years to come.