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$NLS can rise in the next daysContextual immersion trading strategy idea. Nautilus is a fitness solutions company, designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer and commercial use. The share price is rising and gonna continue this trend after the new Citron report publishing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price in the next days. So I opened a long position again from $15,54; stop-loss — $14,45. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NLong
by KozakHlib
2
GBPUSD Consolidation Negative BiasFUNDAMENTALS UK: Despite a small increase in the CPI due to easing lockdown measures, the BofE is unlikely to change its stance. The market will react in consolidation to last week's news in the UK of the uncertainty of a post-Brexit trade deal with the EU, the UK's debt being larger than GDP and the figures casting a recession. USA: Unemployment figures start to weaken and US geopolitical tensions rise between Biden/Harris and Trump/Pence. The Fed still will not change its attitude and will continue to purchase assets at least at the same rate that it has done in the past few months. Coronavirus new cases begin to fall. TECHNICALS This leads me to believe the market will not rise above the resistance level, though it will come close to reaching resistance if the price pierces through the 200period EMA - therefore it is unlikely a trade will arise in the next few days on this pair. Possible price movements are displayed on the chart. Overall, I have a negative outlook on this pair; news in the UK seems to be more prominent than news in the US and with 2 consecutive daily pushes downward a third is easily on the horizon.
Short
by harryspencer
The cold-blooded sniper.We all should be looking at GOLD right now, and I’m going to tell you why. Keep in mind this is a Multi Time Frame Analysis , with no indicators , just the candles (I like to keep things simple). First, we see a triangle pattern here. In theory, it’s a continuation pattern, and the target of this trade would be near U$ 1,800 (coincidently, a previous top, dating way back 2012). But (there’s always a “but”), it could break downwards. In that case, GOLD would meet some supports, and they are relatively strong, just look at the chart. Support 1 = 38.2% fib retracement + previous top. Support 2 = 61.8% fib + previous bottom. And that’s good for the bulls, right? Yes, especially if they manage to keep the price above U$ 1,690. Why? Well, let’s look the hourly chart: See how important the U$ 1,690 is? It’s a real WAR ZONE between bulls and bears. But remember, the bears also have their reasons to show up. Yes, they would have to face some strong supports, but they already gave us some signs that they are stronger than we might think. Let’s look at the weekly chart for more clues: See that Shooting Star ? It wasn’t fully triggered, but neither was cancelled by the bulls. If lost, we can see the price meeting some of the supports we mentioned previously. To summarize, a trader can use multiple timeframes to guide him/herself through the market. It’s complex, yes, but for now we must be calm, and wait for the opportunity. Like a sniper . Remember to follow me, I’m a trader who uses the classic technical analysis (barely any indicator, just the candles and the volume). Like this idea if it helped. Thank you very much. * LIKE this idea and FOLLOW me, because: - Here, you will see clean charts; - Trades with clear risk management; - The best of Dow Theory, Price Action and Candlestick psychology; - Chart patterns with statistics. * * My name is Nathan, I'm a trader and portfolio manager and I'm here to LEARN. Leave your COMMENT and FOLLOW me to keep in touch. *
TVC:GOLD
by Nathan_The_Finance_Hydra
2