After a multi year downtrend, this pair finally had enough in April 2013. From then on, price is trap is the green channel doing retracement not forgetting that the red channel is not broken yet. Currently price is having a good talk at the lower green channel, should this provide a support (including a false breakdown), in short to mid term, price could rally up...
I must admit that i am not a medical student and definitely not qualified as my IQ is only 50. But after watching many medical dramas, i know Dr will use an electrical shock with two pieces of metal with gel to attempt to revive a patient from the brink of death. I though i saw this in 2000. And i am seeing it again
As of today, Nikkei Index closed at 17936 (half a day earlier) While Dow closed at 17959. It just came to my mind that these two indices are approaching 18000 a big number Another observation, it took 91 monthly bar from 2000 top to 2007 top. If the same cycle is valid and repeating, chances are we will only see you at the top of the top in May 2015
Is there a reason to become bear now as TLT has its strongest bullish momentum ever! Either i am crazy or i deserve to get lesson from Mr. Market. 2 months ago i had my entry at 120 using put options. and 1 month ago i took my profit at 129.1 It would have been good if i can sell it at 134-135, but i can't ask for more. Now that price has reached the top of...
seems like VZ is going for 2000 top in 1-2 years time P.S.: there is always unforeseen circumstances
this pair has been contained in current red retracement channel since hitting resistance in Jan 2009 Now, price is about to approach the lower support of the green channel which coincide with 200month ema. i guess ECB's decision could have an effect on this
This thin accelerated uptrend looks strong and yet fragile
the economy is extremely gloomy, the latest job created is only 38k bloods on the streets, nothing to buy? Short 10yrs and 30yrs treasury bond *this is not an advice for you to enter i have some SL in mind
There were tonnes of "Hoo Haa" from CNBC and etc when SPX, DJIA, DJTA, COMPQ and even RUT break out and make all time highs (ATH). I guess the "dump money" are pretty cruel to leave this broad base market index aside just because it has not break out and make new high!!! There you are, why is it lagging when the counterparts are in cloud 9? 1st warning. Price...
I have no position in this pair sorry let's see if my argument on technicality make sense. In a channel, price is suppose to fluctuate/oscillate at a normal pace, at time they can get out of hand and go faster or go slower but ultimately there is only one big aim for the price. THE PRICE JUST WANT TO TOUCH/KISS/FONDLE THE CHANNEL TOP/BOTTOM AT PARTICULAR...
12 days ago, i was reviewing this boring chart because EURCHF was pegged @1.2 Still, i proceed to post this chart. And it seems that the accelerated downtrend channel created big enough vacuum to suck price back into it. Might test 1.00175 in no time
sound like one but trade your own i bear no responsibility though
According to my post two months ago, my short was triggered at 85.49 due to the gap down. I extended my red channel much deeper to find out where my target will be roughly and estimated to be around 81-82. And it did. I exited at 81.19 which is also the price that i will turn bullish. So Yen trust has revisited previous support after 2723 days in outer space....
I have never done a overall forest picture of silver. So i guess it is time to do one Judging from the few parallel lines, if price get rejected by the uptrend line, i am thinking at number 8-8.5 Sound crazy i know
I am playing a guessing game, please advice me if i am wrong. If yen trust has bottom based on my previous monthly chart and starting to consolidate like what is shown now (descending triangle) moving forward, then pple will have confidence in JPY soon and as a result JPY will strengthen, no?
Two months ago in very early Oct, i noticed that this pair was trapped in accelerated down trend channel. At the time of my post i circled a potential zone for short if this channel is valid, well i hope you noticed it too!!! I am a position part-time trader in stock, options, futures and forex. As i am holding a full time low pay job, i will only hold a major...
JD.com or Jingdong Mall, formerly 360Buy, is a Chinese electronic commerce company headquartered in Beijing. It is one of the largest B2C online retailers in China by transaction volume. Since the IPO, price has put in a large basing process 10 months ago. Base on round bottom measure rule, price could get to 50 in 6 months time which will be the handle i suppose