richbautista30

richbautista30

Long for now.

richbautista30

Waiting for the Break above. Before entering

richbautista30

Due to the my recent interest in the USD i was moved to compare the relationship between the USD currency and the SNP500. The main reason is which pair should or could be a basis or somewhat indicator of a move on other pairs in the market. Many traders use the SNP500 for such purpose. As shown in the chart regardless of the price.. we can see that for a position...

richbautista30

Lugaw Trading; Strategy: Harmonic Trading with BOBO technique, (BOBO) BUY ON BREAK OUT my version. Enough Said.

richbautista30

Possible Short Opportunity if the price breaks below close below the neckline

richbautista30

Short Until the Dotted Line

richbautista30

Here is what i think is going to happen..I'm a bit scared about this cause FXCM is my broker it breaks my heart that FXCM can potentially go lower. In this projection.. I'm hoping that i am wrong.

richbautista30

The pair has reach the end of the Fib Expansion and has surpassed the ABcd Patter. It is currently OS. on the RSI. This is telling me that this pair is now going south.. Caution: If the price action breaks above close above the 118.500 line this invalidates the pattern. Fundamentally: Fundamentally going short on this trade is suicide,, as my MBA cousin told me.....

richbautista30

This is an update on my previews post about the standard and poor. As previously mentioned i was going to wait for this pair to reach the 2100 levels before going short on this pair. This was around October before the big dip reaching the bottom part of the huge trend-line. The confirmation of this bullish action was realized when the price action broke above...

richbautista30

Short

richbautista30

Break Above Close Above.. All in, Risk On

richbautista30

For the benefit of my newbie kababayan, here is what i think is whats going to happen to standard and poor. A few weeks ago we already know that the big players are short on this already. As for me im looking to short this still at the 2100 level . Why cause that is what the chart is telling me. If the Price now breaks above close above 2023. This thing will...

richbautista30

BOJ easing, plus a gap, Alam NA, Risk On, All In

richbautista30

Safest entry would be below the B leg. If the price action breaks below close below that line. we should short this until 1747. but if your feeling good you can go until 1694.. But that's just me.

richbautista30

another no brainer

richbautista30

This is a game changer people, look at the pink PRZ the price action moved very strongly in that area, denoting a further move downward. This is a no brainer, Where would it stop, look left. Now technically we should have taken some profits from this since my last post, and now we got a opportunity to short this, but know your limits and TP. Technically i would...

richbautista30

Here is my revised projection of this pair. As of OCT 4, 2014. The safest place to enter would be inside the green box. Now watch the price action in the 1987.4 level look left you know what i mean, technically speaking i think that this is going to continue with the trend. Fundamentally i would say that this is starting to weaken.

richbautista30

The S&P beautifully tested the whole PRZ level but did not close below it. It is now above the AB=CD. If this close above this pink box or the Scott Carney's PRZ, this is telling me that the bull is about to continue. If the Price reach the green box, above and close inside it. This will be a home run for the S&P. The Trend is My Friend.