Not clear what market expects, but 2 targets to keep in mind, but indeed short position it has 53% chances to go down, but to take some action around lines levels to go long then. Have a Good Trading Week! Cream Live Trading, Best Regards!
EURUSD while The President's State of the Union Speech... While Trump speaks we have two levels to scalping, they're not important enough, so we just consider for tomorrow's event. Keep in mind I'm junked up on it and against US dollar and don't forget my Projection for Dollar Index DXY Have a Good Trading Week Cream Live Trading, Best Regards!
This pair gaining the massive pressure thanks the healthy economy itself in U.K, plus interest rate just up and no reversal, plus U.S dollar plunging systematically, looks straight to 1.42200 thru 1.43353 and finally at 1.57000 thru 1.58000. However, keep an eye on lines, they are used to be accurate and you can follow them to go short and long. Looking for...
ETH has a very similar scenario comparing with XRP but not at all, the reason is simple as you can see a line pointing up. Well, this is still in good shape if we exercise the price as option, so I know the potential downward movement has more chances to hit lines, but after all there's still projection to buy and hold, maybe is one of the things we'll see with...
Like I said about XBT or any Crypto is not in my portfolio, neither in my mind to trade, but is very interesting the correlation with bitcoin, because while I think XBT will go to zero this year (between June and August), XRP by maths shouldn't. So in this case the gap I see is 0.75489 level, crucial for a massive drop where it could trade into the zone with red...
Possible Short Position on GBPCAD going to cover the GAP. Have a Good Trading Week Cream Live Trading, Cheers!
Here's another confirmation about our last idea Of course this time my guidance is a dollar appetite for this month and next with the FED decision to hike interest rate, but here's the deal: buy dollars or keep it till November 22nd where dollar should hit and maybe smash 96.32 - 97.84 level, Then close all your long positions 'cause this hike should happen...
As I posted in November 7 the US Dollar was trying to go higher first to get a big drop, and well it didn't for long, so now is going straight to a bad level for US Dollar and we can see the index maybe smashing that 85.10 target. See the chart since November 7.
While carbonated soft drink volumes fell in the U.S. in 2016 for the 12th consecutive year. The Consumption of Diet Coke dropped 4.2%, compared to its rival PepsiCo Inc, Diet Pepsi that declined around 9%. However Coca-Cola's own numbers show a 4% decline in Diet Coke's volume in U.S. which it means the reason why this company is always trying new formulas to keep...
PEP the famous PEPSI is definitely getting benefit from the equity market and the correlation with KO so this time is a very similar scenario for both companies. Anyway target is just up to $122.22. However considering I'm not a real sugar lover, neither of Pepsi, I prefer Coca-Cola. Have a Good Trading Week Cream Live Trading, Best Regards!
Key points for entries (yellow lines). After been knocked out in this pair, we assume exactly the same theory from GBPUSD which target seems to be so far away and that's the reason I'd be looking for a set up and buy and hold, because the RRR will be incredible if we are right. We can use yellow lines with arrows to take short and long position. Anyway we have to...
NFLX seems to be doing well, so of course a lot of time we make our maths and look for a right present value compared to the future one, so in this case the next earning report (tomorrow January 22nd) my EPS forecast is <0.31 But my PEG ratio is still >0.50%, so there's still room to play in. However, just follow the lines, are used to be accurate most of time.
I know you will hate me for this, but if I see the risk, take it as a warning, so at least a Professional Trader told you how this works. Anyway I hope to be wrong on this one! Big players are making a lot of research about Cryptos, but Bitcoin seems to be the picked up for let it down, when I say they are doing a lot of research I mean are trying to calculate...
ZYNGA, with more than 10 millions of volume traded today this share is still bearish, but maybe not for long, considering last year its performance raised more than 55%, so if this share is capable to soar until that level, well it means this year it could do it at 25% at least, so still there's room to play in. However it seems to be coming down to go up then, so...
Now looking for set up and second entry on this pair, the upside movement yesterday is just part of the natural movement, also part of my last plan for this pair in November 2nd. Target still the same. Have a Good Weekend! Cream Live Trading, Cheers!
First of all after be away for an entire month, I hope you had a good Christmas and Happy New Year and I really wish you the best for this year and never forget we trade for us and our family. I use to be away of charts last 2 weeks in December and first 2 weeks in January, and just calibrate my trades without risk, so Gold is one of them. In this commodity I...
Copper Straight to trade below $3.00 as I expected, but for now a good target to go is 2.9810 Have a Good Trading Week Cream Live Trading, Cheers!
Gold has a large potential movement to go for trend line where rejection seems to be not strong enough and where could be broken with long bar. In my case and because is me, I already sold this commodity because has a nice RRR (risk reward ratio). Have a Good Trading Week Cream Live Trading, Cheers!