Another favorable price/time opened short-selling the S&P 500 from latest quote $2,907 targeting $2,850.
XAUUSD another good opportunity to buy the price at $1,275.
XAUUSD (Gold) holds tight trading sideways after selling off. Target $1,290 from latest quote $1,275 April 22nd for a 1.1% difference. Duration for the trade idea is 1-20 days. Further outlook continues to be bullish targeting $1,390.
Another prudent opportunity to buy the EURUSD for a short-term position.
April 29th, EURUSD quote 1.118
April 30th, EURUSD quote 1.1219 daily high above-near 1.122.
Yesterday’s quote from this topic was April 29th quote 1.118. posted “another prudent opportunity to buy the EURUSD for a short-term position.” Successful trade idea, closing time because EURUSD I utilize for very short-term positions. 0.18% profit. Preferred instrument is short-sell USDCHF and USDJPY, then holding buy AUDUSD longer-term.
USDCAD short-sell trade idea remaining in half successful (so far) hedge idea thread 2-6 Week Hedge - Sell GBP + USD / Buy CAD + JPY “Sell GBP + USD / Buy CAD + JPY” doesn’t look as probable for success as it did last week. Still hold short-sell USDCAD. GBPJPY sell was successful. USDJPY short-sell looks probable for success.
Clue favoring US stock market short-sell trade idea - S&P 500 flat while NASDAQ leading the Dow 30 and Russell 2000 down 0.64%.
USDCHF cracked to the downside after holding up at a very significant long-term resistance at 1.02, latest quote 1.017. This is a positive bear sign for the USDCHF sell-short trade idea posted 13 days ago in thread. Selling USDCHF Breakout Into Resistance
USDCHF sell-short target 1.005 from 1.017 for a 1.1% difference.
EURUSD opened up another entry for a short-term buy position after dropping from 1.1265 to 1.12 (which happens to be the latest quote) within 20 minutes in trading today. Buy target 1.126 for a 0.5% difference. Duration for this trade idea is 1-10 days.
May 3rd
EURUSD continued to pull back yesterday as the day before when it dropped from a week long rally to 1.265. Latest quote is up to 1.119 from a bottom of 1.116 4-hours ago because the US Dollar dropped sharply against multiple majors. Quote from buy trade idea posted 2 days ago in this thread was 1.12. A trend appears to be forming with the second leg beginning at 1.116; therefore I’m more confident in this EURUSD position than I was when I opened it 2 days ago. Target bullish remains 1.126 with the opportunity presented today to double position/risk at average (entry) price.
The NASDAQ is looking risky the way it’s trading choppy yet range-bound in the short-term which increases my confidence in the short-sell trade idea on the S&P 500 posted in another thread.
US DOLLAR TRADE - looks like a prudent time-price to sell the US Dollar against a variety of majors for a 1-20 day duration. A considerable strategy is to manage risk and implement a grid strategy not increasing position sizes while reducing price by at least a 0.1% difference and not using more than half of free margin on a 100X account.
USDNOK sell targeting 8.65 from latest quote 8.70 for a 0.5% difference.
AUDUSD buy targeting 0.705 from latest quote 0.702 for a 0.4% difference.
USDCHF sell targeting 1.013 from latest quote 1.017 for a 0.3% difference.
USDCAD sell targeting 1.338 from latest quote 1.341 for a 0.2% difference.
USDJPY sell target 110.8 from latest quote 111.1 for a 0.2% difference.
GBPUSD over-shot the upside for this short-term opportunity already.
The most recent S&P 500 sell target of $2,850 set around April 22nd in this thread was a success for a 2% gain. Today is May 10th.
March 16th in this thread I posted VIX target $16 for a duration for 2-8 weeks from a quote of $12.88. The target was a success, it filled this week at the end of the duration for a 24% difference.
This thread has had high accuracy in hitting targets within or nearly within posted duration. I’m going to create some new threads with a simpler format in order to be more organized for viewers.
Check my profile AUdvantages to see what my new threads are.
EURUSD cleared target 1.126 today for the 0.5% difference from original quotes, 12 days after the idea was initiated, 2 days outside the intended duration 1-10 days.
Closing thread with that success, check profile for new threads upcoming that I will use to organize my trade ideas better.
EURUSD going up.
Target 1.135 and 1.14 for a 1% and 1.4%, respectively.
Latest quote 1.1237.
I made a full thread to extend that EURUSD reply.
GBPUSD target 1.27 quote 1.256 for a 1.1% difference.
Duration 1-6 weeks.
GBPUSD target 1.27 reached from original quote of 1.256 for a 1.1% difference.
The target closed in 2 days; relative to the 7-42 day target.
Current quote 1.2708. Previous highs 1.2723 today.
Closing time.
June 24th.
Russell 2000 leads US stock indexes on the downside after the Dow 30 opened up.
Dow 30, NASDAQ and S&P 500 remain mostly flat (and down) to close this Monday.
Gold remains up and steady.
Bear sign for the NASDAQ, S&P 500 and Russell 2000. Outlook 1-3 weeks. Downside expectations are around 5% from latest quotes, Russell 2000 quoted $1,532.
June 28th, 2019
USD short trade is back on, EUR pullback much slighter than I anticipated after my target was hit surprisingly quickly in a specific thread I made about it this month (June). The USDCNY looks weak on the 1-month chart. The CAD is paired with the USD short as well as a hedge. The JPY short hedge is ongoing from another thread this month. It’s time to gear up again. Also time to take some profits on short majors vs. exotics; including South African Rand, Turkish Lira, Brazilian Real and the Indian Rupee.
Bullish - EUR and GBP
Bearish - USD, JPY and CAD
Outlook - 2-12 weeks
EURUSD - Buy - Target: 1.145 - Quote: 1.138 - Difference: 0.6%
EURJPY - Buy - Target: 123.5 - Quote: 122.6 - Difference: 0.7%
EURCAD - Buy - Target: 1.5 - Quote: 1.49 - Difference: 0.6%
GBPJPY - Buy - Target: 138.5 - Quote: 136.9 - Difference: 1.1%
GBPCAD - Buy - Target: 1.695 - Quote: 1.665 - Difference: 1.8%
PS: I’m still figuring a new content format out. I haven’t transitioned to it yet.