Everi Holdings Inc. looks pretty good after a down trend and now chances to go higher in accordance with earnings. Nevertheless in the light of technical analysis the chances for down trend are quite high. So, as traders, we need to be ready to both scenarios and there are our usual two plans: Plan A : we need to wait until todays markets close to make the final...
Good chances for buying RBS, what is important: we wait until the rectangle is violated before we do any action. The main reason that after Brexit the markets are recovering and one of such stocks is RBS.
At this point we are going to buy after european session starts and keep this position up to take profit or stop loss. These long opportunities are good, but anyway we should be able to act if the situation turns back. That’s why we have two plans: Plan A : we buy today and keep it up to 119,100 or another point where the price shows us that long isn’t...
BAC gives us a good short opportunity, so we will open position today when stock opens. Also, as a alternative, we're ready to change position is today trades end in bullish mood.
HARs downtrend is violated, now the price is forming a rectangle. The rectangle gives us a very good chance, so now we keep the stock on eye to be able to participate in that movement.
Molson Coors Brewing Co (TAP) This stock performes a head and shoulders, so now we need to wait untill it'd be confirmed. In this situation we have only one plan - to go short. But ONLY in the case of market confirmation.
Recent brexit and afterwards consequences led the cable into a triangle. For us it's a good opportunity in the future, but before that we need to be steady and await of breakout.
Reynolds American INC possibly is about to violate its 7 years up-trend. Probably it's just a correction, but even in that case it's a very good opportunity. Two the most possible scenarios: Plan A: sell emediately after the SE starts it's work and keep it until 45$ Plan B: we wait until the market confirm bearish talks and sell after that.
HAR looks live to break the bearish trend and possibly to go bullish in the nearest future. We have two plans about it: Plan A: we'll buy the stock after 07.27.16 trading day ends, in the case it still grows. Plan B: in the case of significant fall we'll look for shorts in terms of correcting bearish trendline.
Tempur Perdic Inc. This stock gives us a good opportunity about both short and long. TPX is one of the top bullish stock of US Goods sector. Plan A: we buy after the price violates the top of rectangle and gives us a good candle. Plan B: we sell in the case the stock hit the top and start going lower after that. But untill this rectangle isn't resolved we need to wait
EURAUD after breaking the bottom of channel looks like going back to the previous channels framework. The situation is quite simple, we go long but, anyway we're ready to change the position in the case the situation rapidly changes.
Since 2013 AUD/CHF's been in bearish trend and now the trend has good chances to be violated. So we have 2 plans for this pair: Plan A : go bullish if the flag resolves appropriately. Plan B : In the case of bearish resolution, wait a new flag after trendline is violated too. In any case we'll post another chart with updates.
After upper trend the trendline is violated and we can see a flag which'd probably give us a good chance to go short, othervise, it'd give a nice opportunity for long. So, PLAN A : Bearish breakout. We wait untill the flags bottom line would be violated and then go short. PLAN B : Bullish breakout. The same as above but vise versa.
MU give us nice opportunities to buy/sell flag breakout. Now awaitng that day.
So, we close our previous EUR/USD deals and go long now.
Last week we're awaiting for breakout, so here it is. Next week we start with nzd/usd short
Simply buy or sell the breakout of the flag. Now awiting for movement
Opportunities to go far above 12$. Plan A : We open a long with ration 2:1 (TP:SL) and then if we se that TP level's going to be reached we place it higher with the 2nd and the 3d TP levels. Plan B : In the case the price goes back into the flag, we close the position. In that case we have a plan for short with quite good chances.