LLNW nice earnings. Volume coming. Trend continuation2016 Q4 Highlights
11 percent sequential revenue growth, highest in 24 quarters • 390 basis point GAAP gross margin expansion, highest in 9 quarters • GAAP gross margin at 44.9 percent, highest ever • Cash gross margin of 56 percent, highest in 20 quarters • Adjusted EBITDA of $7.5 million dollars, highest ever • Non-GAAP earnings per share of positive two cents, highest since 2007 • Positive non GAAP EPS for the year, first time ever
Volume Indicator
Gold Bounces Sharply Off the 21 Day MAGold sold off in the overnight session and tagged the 21 day MA at 1217.5 and then sharply rebounded to close just above the 6 and 8 day moving averages. I have been calling for a tag of that 21 day MA since Monday when price broke through the ice and closed below those moving averages. But now, price is trading above them and the future direction seems like it may be for Gold to rise and resume the C wave which would put the next target at 1276.
Let's take a look at the Heikin-Ashi chart. There have been 4 doji candles in the last 5 days. That's a good indication of sideways price motion so we may need another day or 2 before the next direction is established.
The volume profile chart shows a very elongated high volume node at 1226. I am watching to see if price will rotate back down and tag it and will it then continue to tag the POC? Or, is there enough strength to break past the short and intermediate term value areas? Again, we are in a waiting pattern.
Disclaimer: comments here are for education purposes only and should not be taken as trade advice. All trading decisions are your own.
Euro declines after breaking through the levelThe euro broke indicated by us and the next volume level of its purpose can distinguish the level of 1.05300 and 1.05, after a small correction to accumulate positions.
Pound ready for penetration volume levelI see such potential scenarios. Either the correction to the 1.2525 level for the subsequent penetration level of 1.2420. Or break through it without correction. I believe that level is broken because it does not see the accumulation of limit orders at this level.
USDCAD ready to growWe can see that the price went up to the volume level and was fixed on him, pending limit orders to sell, I do not see. It can be concluded that the price is ready to grow with the target at the level of 1.31400. Such a ratio of potential profit to loss is very good
Gold Continues Moving SidewaysGold closed up 3.1 points on Tuesday but that was basically a move sideways. There was some volatility in the morning when Fed Chairwoman Janet Yellen began her testominy. But while the DXY dollar index had a strong move up, Gold stayed basically flat. However, it is clear on the chart that Gold is still trading under the 6 and 8 day moving average so my bias is still to the downside, expecting Gold to hit the 21 day moving average. At some point.
Tonight I've combined the Heikin-Ashi chart with the Volume Profile chart. Today's candle was a Doji which signals either a reversal or continuation of the trend. If Gold does continue this downward trend, then I am still expecting price to hit the 21 day moving average or the gold line at the midpoint of the Bollinger Band.
The final chart tonight is a Volume Profile chart with each profile representing a day's trading. The white line is the closing price for each 30 minutes. Notice how the POC acts like a magnet? Well, the 21 Day moving average (gold line) is also a magnet. Let's see if it can attract price tomorrow or at least by the end of the week.
Disclaimer: this chart is for educational purposes only and does not constitute trading advice. Trade at your own risk.
EUR/USD intraday levels for 14.2.2017I use Market Profile and Price Action for my analysis.
Please read the basic rules for trading my intraday levels (linked to this idea)
The euro is poised for growthThe euro approached a very extensive level of support. This is confirmed by the previous test of the price bars with a large volume. The price may not reach the buy limit, this can begin to accumulate positions now
Possible retreat from the volume levelLevel formed candles on a large volume, it will coincide with the correction level of the last movement.
Possible euro reboundEuro is testing levels, which in the past have concentrated amounts. The volume is not very large, and that is alarming. You can consider buying, but with a small stop loss
We are waiting for euro bounceafter breaking through the level of forward volume EUR repulsed by him.
Momento clave para Tenaris $TSProceso bajista de corto plazo cerca de anular último swing alcista, tomando un más amplio notamos que está en un momento clave de definición en zona de POC, retrocesos probables de fibonacci y soporte de mínimos anteriores.
Ajusten SLs si están comprados y van a corto/mediano plazo y agarren pochoclos si están afuera. Seguimos a la espera de ver señales de reversion y salida alcista.
Notas:
El volumen es un poco alto para ser una corrección que no deba preocupar. Señal a tener presente.
Hoy perdió la EMA de 50.
The dollar is poised for growtheng: As we can see the dollar came to a very strong support level. At this level, there are big volumes. This price position makes it possible to put a small stop with a possible big profit.
EURUSD - LongFriday has trapped short volume
once price breaks the 50 EMA and 200 EMA i can see a nice long scalp
Repulsed by the volume levelGBP reached the volume level in yesterday's trading. Today made a dash to the level of candles with a large spread and volume. This means the level of the test, which is confirmed by a turn. The hazard ratio for profit is very good.
Securing higher levelEuro broke through the level that previously tested.
Initially, the price dropped to the lowest level of support, after which the sample and fixed above 1.08. The next goal to which, probably, will the price 1.08600. Take profit 1.08500
Rebound from the beginning of the volume rangeThe price rebounded from the beginning of the range and is ready to grow. On the background of news on interest rates and the bank's head of performance price fell. More objective reasons for the decline are not present, and therefore the price is likely to return to the previous level. The best price for the transaction will be at the end of the range, priced at 1.25600
IRRI (Reversal Risk Indicator) on MSFT: feedback request. So I am working on a second version of IRRI which would have fewer false positives.
IRRI aims to indicate upcoming UP-to-DOWN reversals and not give false sense of complacency when RSI seems sufficiently down-corrected after a short selloff.
It would seem that the current MSFT chart is a good use-case for this.
I'd appreciate your feedback using the indicator.
USDJPY - Short ScalpTrapped volume in USDJPY for all long holders.
on the 4HR timeframe we have a nice Gartley Pattern playing out, and on the smaller timeframe have a perfect double top near the trapped volume area
GBPUSD - ShortShort to the high of the day from yesterdays session
quick 30-40 pip scalp since there's clear volume trapped going long
BTC, this time will be different!! oh, wait... Is it a crashing plane? is it a sinking ship? or is it a btc dump?
;)
The fake trades on BTCCNYLooking for bottom truth in the recent volumes drop on btc, i made a volume compare tool. The reasoning is that if volume on btccny really disappeared due to the forbidden margin trading, there should be a big difference in the ratio since a few days ago.
Blue and green lines are a ratio against the same base volume. the red line is a 5 day average of the 2 ratios.
The idea is that while volume goes away in the china exchanges due to the margin trading evaporating, it should remain the same in western exchanges, so the ratio shows a big drop. BUT:
1 - the avg of volume ratios is so irregular, no clear correlation shows up
2 - the last days (from the "margin prohibition") have a little dip then spike, but appear well in the bounds the general fluctuation
so, the recent volume drop was both in china and the west, and "fake margin" trades didn't impact market after all?
comments welcome...
