Sinex

Sinex Updated 

From previous posts there is some evidence that the NZD and AUD and the CAD may have bottomed and this could be a longer lasting bounce. The fact that the NZD and the AUD CAD did not make lower lows and the pullback was not massive and filled with panic selling suggests to me that there is enough evidence to support this idea.

Sinex Updated 

There isn't enough evidence to set up this trade because we can't establish USDJPY is in a downtrend. But my hypothesis is that since it was the leader in the crash of the general markets then this will likely top first. This suggests that this is possibly topping here now. Though I'm no longer an Elliottician I use the patterns and so the hypothesis is to...

Sinex Updated 

Again similar situation as the AUD or NZD this likely pulls back to new lows? We can not say at this time. What we can see is weakness in this move up for the EUR. This is not a time to go long on the EUR.

Sinex Updated 

"Just when you thought you had gotten out, they pull you back in" Humour for a serious market. This suggests that the markets are likely to see further down. Just when you get hundreds of "ideas to buy". I suggest DON'T. But if you are waiting to buy wait some more and don't short just watch as others panic. Cryptos and currencies are showing very similar...

Sinex

We may be in a longer term trend change but pullbacks are not a good time to buy and possibly trade short instead. This 4hr hidden divergence suggests that AUD will pullback and we can wait for the 4hr Stochastic RSI to set up a new buy signal in the near future. For now this is a sell or wait patiently for the buy set up.

Sinex

Postive divergence on the daily time frame for AUD and NZD against the USD suggest that there is a trend change in progress. We have sufficient evidence to support this in looking at other "risk on" assets such as the SnP500 and the Nasdaq as their monthly oscillators are oversold and trying to generate a buy signal. These two hypothesis combined gives us...

Sinex Updated 

As I previously posted the USDJPY is suggesting a topping pattern but that was highly speculative because there isn't enough evidence to support the idea that the USDJPY is in a downward trend (lower highs and lower lows). BUT this setup though not conclusive is a good setup to give us greater probability of being right that the USDJPY will turn down for at...

Sinex Updated 

Hidden divergence in UPST suggest bullish continuation.

Sinex Updated 

This suggests a buy in the NZDUSD. I have been looking at the WEEKLY time frame and looks good to start a longer term bounce. All looks good for this to be a longer term hold.

Sinex Updated 

This likely falls to new lows. This support will be broken shortly.

Sinex Updated 

3 Degrees of negative divergence on the ES (SnP 500 Futures) on the weekly time frame IS TO BE TAKEN SERIOUSLY!. This suggest the trend up is getting weaker and weaker. I would be looking to get out of any long, long-term positions on most instruments.

Sinex Updated 

This will be a tutorial using divergences and oscillator confirmation buy/sell signals. Hello. Here I present a simple system that is very profitable but along side this system I will present a risk management system that is easy on emotions and robust on capital. I predominantly use the 1hr and the 4hr to look for both REGULAR divergences and HIDDEN...

Sinex Updated 

1hr Buy Signal is on. Second trade of today, hopefully it starts a long trend. We must manage the trade. DM if you want to learn to manage the trade.

Sinex

A study on regular divergence and how profitable it can be. Again I use the RSI and Stochastic RSI (Other oscillators are also good as long as you can identify HIDDEN or REGULAR divergences). Here on the 1hr it was a tell tale signal that the markets would pull back. This is a simple but powerful tool that you should practice to become proficient at it. Once...

Sinex

Sell signal in progress. I still use the 1hr even the 15min time frame to try to get better prices. My goal is to move them over to the 4hr time frame where I can remove as much noise as possible. Here I am posting a trade that is too late to take. But the signal is there (I took it with a small position) I don't see enough interest to be posting close to...

Sinex Updated 

A speculative hypothesis where all the information is not yet in to determine certain channel lines. BUT this is not based on NOTHING. Topping patterns are appearing EVERYWHERE and negative divergence of 3 degrees are clearly visible (not this chart) which I will post soon. Again a speculative hypothesis that seems to be playing out.

Sinex

Too early to be long aside from intraday, but the recent price action suggests that the downtrend is weakening. This coincides well with oversold conditions in the monthly time frame which still suggests possible longer term bounce. I am calling it a "bounce" because I must remain transparent about my bias which my hypothesis is that we have entered a long...

Sinex Updated 

A 4h buy signal in AUD suggests this will stop falling for now. Stop at 7033 if hit will let us know we were wrong. But hey a signal is a signal. This is also taking into account that the daily and weekly timeframes suggest oversold as well. We can not know if this will be a meaningful bounce or not at this time. We will get out upon a 4h sell signal.