Trends
How to Know When a Trend is About to End - Trading PillThere are many ways to identify when a trend is about to reverse. In this video will show two. Decreasing momentum and MACD divergence in price.
$NNOX: Gap Fill Started, Needs to Break ResistanceCurrently it looks like Nanox on Friday have started to dramatically shift up, especially after hours with lots of the logarithmic curve that was downward already starting to curve. It still has lots of resistance given the rise of short sellers and puts, but that resistance seems to be fading. According to Algowins, when looking at short activity, the worst day in terms of test with over -49.6 was on September 15th, this was when a short seller released a report against Nanox. The "fear index" at that time was likely high. If Nanox increases in positive sentiment which looks to be the case, likely support levels can continue picking up for stable positive retest + stock growth. That said, please consider everything I say "as is", and on an opinion based basis. Do your own due diligence, and invest at your own risk.
$DDOGDDOG Bullish continuation after regression channel breakout and ATH test. Next break could be blue skies
USDCAD H4 - Long Trade SetupUSDCAD H4 - Another USD setup, this one is more so a bearish setup than a bullish, so converse to the above. USD setups will be largely influenced by how the markets react and settle to the debate as previous mentioned.
GBPJPY 1 HR CHART HEY traders has we can see price is still on a uptrend broke from the wedge
which was created by a impulsive move price made a (SH)same high rejection point this is one sign of
confirmation the market wants to go back down for a breather and is now
looking to trend down for a sec to previous high before it take a turn up again
TP set to 135.084
4 hr /1 HR / 5 min for entry
Daily Wisdom 33 - Who are you and where are you going?Don't get caught up in the bells and whistles only to lose your way.
Daily Wisdom 32 - What a loser.It's not that you don't know how to profit. You simply don't know how to lose.
EURGBP More UpsideThe weekly significant point has been traded and the price has reacted nicely today with momentum.
The current level is interesting to buy trade.
Others to keep an eye on are
AUDUSD Shorts
USDCAD Long
Another attempt at trend linesMy attempt at analyzing trend lines, this time from a line chart. Marked major levels of support and resistance based on where price currently is. I think it is going to continue to trend down. I would have no idea where to enter or where to set limits. Would be trying to get in for a good sell position in my opinion. Thoughts?
GBPJPY H4 - Long Trade SetupGBPJPY We talk about impulse pairs and how to trade them with 0 drawdown in the advanced system which is coming out very soon! Wick and risk free trading effectively, lets see if this holds without bottoming out again.
Current Wave Long: $GBXRight now looking at a long entry for GBX which has an estimated 18000 employees, and currently an undervalued market cap in my opinion (compared to its revenue), I would say it is a great value stock to get. Also Zack's rank seems to be bullish as well. I think the long term potential of this stock is decent. That being said, invest at your own risk and do your own due diligence. Consider everything I say as if it is on an opinion based basis.
