Guess myself and a very few group of others had underestimated the amount of faith in this market. I had wholeheartedly felt we would see the Dow cut short of the move towards the resistance line set by the other 3 peaks preceding. Though I had left room to suggest the possibility of this happening, I did have doubts and I did voice those doubts with others, so I...
To start the new year off the Eur/Jpy cross confidently broke through well defined horizontal support and an ascending trendline. The pair then moved down to a low of 123.529 the day before the Yen flash crash. After the flash crash the pair put in a timid rebound that has stalled just below previous support turned resistance and consolidated into a tight range...
During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short...
During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short...
I see a rounded bottom continuing to play out, with nice spikes here and there. StochRSI is curling up signaling a buy. Manage your risk since it is not at lower BB yet (547) and volume isn't there just yet. I plan to start entering in, and will readd if we hit 540s. Stop loss at 530 level. With "dark pools" as staking at 100,000 REN and a low market cap, this...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
Dear colleagues and followers! Osiris Finance has always been more than a cryptocurrency trading platform. We are a community of enthusiasts standing at the frontier of contemporary blockchain, machine learning and finance issues. That is why we are dedicating significant amount of time to formal research on the topics that are relevant to our investments. In...
"On Monday 7th January 2019 (10.00 UTC), Bitfinex will be offline between three to seven hours as we complete the final stage of our data migration to dedicated bare-metal servers, in a move designed to significantly enhance platform speed, security and performance." This means some volatility, or that was happening when Bitmex was offline last time, or maybe...
Price of the USDCAD has been on an upward trend since October 1st. We have been able to use a nice clear trend line (black) that shows a good upward trend. This was only broken once, after which it was immediately corrected. Currently the price is in a Support/Resistance zone (orange). This zone is respected in: - November 2016 - December 2016 - March 2017 The...
EUR/USD after breaking the resistance at 1.14198 is currently in a retracement rally. Moreover a strong bearish engulfing candle has formed at the resistance. Hence we expect the pair to be bearish and move to support level at 1.13069.
Reasons For The Trade (always Fundamental and Technical - always): EUR: ECB tapering their bond buying, and end of QE now in sight and signalled to the market by Mario Draghi in last meeting. EUR: recovering from losses from Italian political tensions in November (Italian Budget concerns now no longer a concern) EUR: Any good or semi-good data will be...
The SP500 has over the recent weeks broken through some well defined support levels and looks set to close red for the year. As a barometer for risk trends and overall market sentiment the current price action does not appear to embody confidence among investors. Rightly so as there are a plethora of fundamental headwinds that have got investors nervous at the...
Dear Friends,It is been since long that i have shared an idea in the Indian Market charts. Here is the mindblowing Thought. We always look Fundamental and Technical as two differrent poles. Why not combine Technical Analysis with Fundamental data to predict the price of the future ,Atleast trend of the price that will happen in the future. Look at the March 1st...
USDSGD Timeframe: 1D Direction: Short Confluences for Trade: - Stochastic has yet to move into Oversold conditions - Breaking Support Trendline (since April 2018) - Fundamentally, with positivity the outcome from the temporary truce between Trump-Xi and a more dovish FED reduces the drag on global demand and is positive for the Asian region. The SGD is a...
In my previous note, I wrote about how I suspected we would see lower prices. We have clearly violated that trend line (red line shown above) and have dumped far past $5K. I take a very macro outlook partly due to halvening mechanics. The most comprehensive set of price data is the BraveNewCoin Liquid Index for Bitcoin (BLX). This aggregates price history back...
Today the sentiment is that there will be significant pressure on the pound. Trumps comments that the Brexit deal is a good deal for the EU and that the UK may not be able to trade with the U.S. have initially trigged sterlings sell off this morning. Those comments have been watered down to an extent by a UK spokesperson clarifying that the UK can make trade deals...
Today, European President Draghi was due to testify about the economy and monetary policy before the European Parliament Economic and Monetary Affairs Committee, in Brussels. To sum up what he said in his speech, he clearly stated that the European economy is stabilizing from its draw-down in the 2007-2008 financial crisis. This is why we have been seeing the...
With oil prices going to the floor, I am seeing no reason for any strength in the Loonie. Risk sentiment is recovering right now which should be USD supportive. There is a NIce little demand zone right in the 38.2 pull back of today's rally on the 15m chart. I have a stop set below 61.8 and looking to take pips at the 127 extension. I am am in so we will see how...