Entered a long position on NASDAQ:AMZN Amazon today at market close: Timeframe: 4H Target: ~$160 SL: ~ $145 Reason: 4h stochastics crossed above the 20 line from oversold. Trend on daily chart is bullish and strong. NASDAQ:AMZN #trading #Investing
Just went long position on NASDAQ:AAPL Apple: Timeframe: 4H Target: ~$200 SL: ~ $180 Reason: buying deep pullback on daily chart. Weekly trend still strong. NASDAQ:AAPL #trading #Investing
Entered a long position on NASDAQ:AMZN Amazon today at market close: Timeframe: 4H Target: ~$160 SL: ~ $145 Reason: 4h stochastics crossed above the 20 line from oversold. Trend on daily chart is bullish and strong. NASDAQ:AMZN #trading #Investing
Anglo American PLC - Long Making good process. Long-term trend (weekly chart) well established.
#XAUUSD trapped inside triangle formation. If breakout to the upside occurs, might find resistance around the 1500-1600 area, coinciding with 50-61.8% retracement from the Sep 2011 high. #Gold #GoldIndex
Waiting to breakout to the upside to enter long.
Long on RIO since the beginning of the month. Making good progress...
Long position on #INPP. Stock showing a bit of volatility in recent weeks but still in an uptrend. Good dividend yield, around 4.5%.
Silver still trapped inside triangle formation, lagging with regard to gold's performance....waiting for a break higher and moving average inversion for bullish entry.
XAU/XDR - #Gold vs #SDR( IMF Special Drawing Rigsts)...trendline break and new up trend established...
Long BHP. Good 5%-ish yield. Trend up and with momentum.
#Gold #GoldIndex is up against all major currencies. Need to clears key resistance area....
Similarly to Silver, Gold is retracing, possibly to 12580-1300 area. This area coincides with the 50% Fib retracement from the low of the end of May to the high of the beginning of July and an uptrend line in place from the start of the year. The weekly long-term GMMA (blue group of EMAs) is well separated and moving upwards, indicating with relatively high...
The S&P 500 index may be in the process of retesting the 2100 area, which corresponds to the 50% Fib retracement of the low of the end of June to the high of mid August, coinciding also with an uptrend line in place since the beginning of the year. The weekly long-term GMMA (blue group of EMAs) is pointing upwards and expanding, indicating a high probability...
The EURGBP pair seems to have initiated a pullback, possibly to the 0.8-0.81 area which corresponds to the 61.8-50% Fibonacci retracement from the low of mid-end of May 2016 to the high of mid August 2016. The weekly long-term GMMA (blue group of EMAs) is expanding upwards indicating a high probability that the current price movement is indeed a normal pullback in...
Silver currently initiated the pullback movement to the $18 area, corresponding to the 50% Fibonacci retracement level from the lows at the end of the month of May to the highs of the beginning of July, and coinciding with two up trend lines. Also around the end of May, the weekly long term GMMA (blue group of EMAs) crossed and started to expand upwards,...
At the beginning of the year (ie 2016) Gold was able to break upwards the falling wedge in place since the mid of 2013. Currently, it seems to be in a corrective phase, to retest the previously broken wedge. It may fall to the 1147-1200 area, coinciding with the 38.2-50-61.8 fib levels and a long term area of price support/resistance. Meanwhile, RSI seems to...
Motivation: - Group of moving averages is well spread and pointing down, indicating with a high probability that a solid down trend is in place - Formation of a bearish triangle pattern in a well established down trend; Entry @ 159.26 SL @ 162.8 TG is open, although my first "mental" target is the 150 key round level. Trade Management: boxes in units of...