


justatrader
Going against the general sentiment, this trade idea presents a possible long entry opportunity, with the price objective around $23.5 A tight stoploss presents a good risk/reward ratio. But there are two key TL's that will validate this trade. First, the lower TL should provide support around $13.45 region followed by a break of the TL above the $16 region to...
Could be a tad bit risky considering there is lot of UK data due today along with Carney's statements.
Based off a simple method. $848 seems the most realistic target for Google to hit.
Based off bullish divergence, this is a LONG trade set up for AUDCAD
An impending Short set up is identified on the GBPUSD, H4 chart. 1. First we identified a divergence between RSI and Price Action 2. Plotting Median Lines, we see price failed to reach the median line, indicating a change of trend/price exhaustion 3. PA cuts across the Hagopian line, giving an indication for SELL 4. Sliding Parallel line should be broken to...
Trade analysis based off Median lines, pointing towards a possible change of trend in regards to the Aussie CAD, which has been in a continous downtrend for the past couple of months. If this indeed is a change of trend to Bullish, getting in early and staying put in the trade could give some substantial profits.
Trying out something new/different here, so publishing this idea to check how things progress.
Technicals point to a clear bearish turn in Goodyear. Stops at $17.67, Entry at $16.70 with target price of $15.20
Overall, GS looks bullish, in this Wolfe Wave (along with medianlines), there seems to be a potential trade to short GS into Wolfe Wave point 5. This region is also confirmed with using Median lines. From this point 5 on, we can expect to see price rally. If not confident, an alert can be set for the price levels in the target region, which will be a good point to...
Bullish Sterling... something Carney might not want to have. But having said no to more QE, the Bulls are back in power. This trade is in continuation to my previous analysis on GBPUSD, which pointed to a Bull run (despite when price hit 1.48 something). This analysis makes use of 'Measured Moves' and Pitchfork. Either, Bernanke will ensure the Greenback takes...
This is in continuation to my previously posted GOOG Short trades. The rectangles which I used doesn't give an accurate view, so this time around, i'm using confluence of time/price and the projection lines.
Just playing around with different possibilities..
Publishing this chart just to see how things shape up and also check on the effectiveness of using rectangles to measure time. From the charts, it looks like 1.3312 might be the final touch should EURUSD turn bearish. Its interesting to note 1.23 price level around 1st August. Watching this pair
AUD has been trying to gain some strength. Yen has been blowing hot/cold. A long position looks ideal but for confirmation, wait for 13/21 EMA to cross over.
BoC Interest Rate decision due out shortly followed by CAD Inflation data later this week. Overall, one can see that GBP is showing some strength while CAD has been performing so-so. Open trade on tomorrow's candle open, or after the TL is cut