The trade is premised on the monthly Ichi...the lagging failed to penetrate the cloud and seems to be giving up so I expect a breakdown to previous swing low! R-2.3
Today's bearish candle gave me confidence to some degree to go ahead with the gold short. Rallies keep attracting sellers. Target 1720 zone for a 2.54 R. Target 2 is 1680-1700 zone
Today's bearish daily was confirmation that the rally was just but bear market rally and I expect further downside before the 'bottom'. Targeting the 3600 zone...from there Il asses again. The R on this trade is 2.9.
Target reached and I am out. . .trade went exactly as anticipated. . .one of the very few that do!! See attached progression
Looking to add on break on red zone. This will compliment the recent ideas on mean reversion.
Bounced exactly at the zone as we expected, we should go up to equilibrium at the green zone. Already in with small position, looking to add more after a dip and bounce!!
Looking for some sort of rejection from that blue zone for a quick high R day trade!
Yes it seems this stock started the recovery way way early. Since March its been making higher lows and it looks to be going higher. I am making a buy stop at 5.40 targeting 8.40,thats an R of 3.45. Point of invalidation is just below that main trend line.
I definitely like how the bulls defended that 4.72-78 zone for the past 2 weeks. It tells me they are preparing to take this stock up. The favourable earnings results could be the catalyst. I will get in at the break of 5 and target 6 with sl at 4.55 for a 1:2.2 risk to reward ratio. Caution should be taken at the 5.5 zone where the trade could end prematurely,...
Looking to capitalise on momentum created from a bounce from that short term trend line. Limit order at 86.85 above last week's prices. Ultimate target would be the 100 zone for 1:3.5 risk to reward ratio.
Looking to bet on Ruble weakness this coming week based on technicals. The pair looks oversold and we seem to be double bottoming on the daily. Buy stop at 64.50 with stop at 60.79 will mean I only get taken in the trade if I am right. targeting the blue zone. R would be 2.73
Looking to short from that blue zone. Want to see a rejection candle from the daily then play a limit entry with stop above blue zone. If we break through that zone then no trade.
Looking to align Duke fortunes to the broader market. We tested the daily kijun on Friday and that usually comes with a retreat. I am expecting this retreat today, caution however should be taken due to good earnings which I anticipate to have been priced in by the 3.5% gain from May 2. Sell limit @ 111.91 TP 109.81 SL 112.66 R ...
This is an intraday trade. Price is skirting around the daily cloud support and I expect this to hold for a correction to 84.00 Will use a buy stop to reduce risk and let the trade get me in the trade. Buy stop: 83.31 position size always critical to manage risk
Its been a downward spiral for Euro-Bunds, and bonds since last year. We have two monthly SSB at 153.60 and 152.40 so looking to play an early bounce here. Its catching knives so position size should be reduced and only add when confirmed. Buy stop as always just above Friday's close. Ultimate target is 162.50 giving R of 5.
Yes double digit growth in revenue and dividends does paint a good fundamental picture amongst other things. But what attracts me is the deep discount the share saw from Feb to March. We reached a monthly support level and the bulls seems to be defending this zone (34.15-35.50). Consequently I put a buy stop above the close price so that price knicks me in if I...