Disney was a learning lesson for me. I lost going long at the Earnings Release – limited of course by my stop-loss. This analysis is about learning lessons – and about a possible opportunity to go long again (subject as always to the SYP). In summary: 1. Disney being a strong performer had always jumped higher on a majority of Earnings Releases. 2. It was natural to go long again. 3. However, even as DisneyRead More
This is the latest ER strategy update. As mentioned previously (here and here), I’m honing this as I discover more. The main modifications in this release are: That the Relative Strength Index should be carefully assessed. The FOA system – Find, Observe, Assess – makes it more structured. Of course there is never as clear a compartmentalisation of these when you’re working a live instrument. Numbers added in various parts, reference where I am inRead More
The annotated chart (clickable to enlarge) below gives the analysis. This is note meant as a tip. The SYP applies if you lose your money. Update: Successful snipe – results are on the last image below.
Skyworks is a uniquely strong equity. Overall the indications are that there is probably going to be a bounce up on the Earnings Release on 23rd July 2015. This is not a trading tip. If you play this and lose real money, you do as we always say – ‘Sue yourself’.
The following chart shows a snipe that was being prepared for in the background. The trade is now concluded with a profit of £888 on a £1 bet. Many thanks to one of our new traders for spotting this set up, in advance. The opportunity came quickly so didn’t blog it before hand. The algorithm used is at: updated strategy.
The following chart shows an interesting setup approaching tomorrow (25th June 2015) for Micron’s earnings release (ER). This is not a complete analysis and anybody making a decision to bet on this, going long or short with real money. does so entirely at their own risk. Ignore most of the wavy lines. The important things are price movements and contrasting the current situation with the historical. Whilst a majority of analysts have high bullish expectationsRead More
The gap strategy is about profiting from panic in the markets. It takes some careful study. It can work on any instrument representing major indices (eg GER30, US30) At the outset I should say that this is one strategy that should be practised carefully on demo accounts repeatedly to see what happens. For sure you will lose many times – and keep in mind that losing is about 60% of this business – that’s theRead More
The following two charts show some interesting areas of resistance. I’ve already shorted these pairs. This does not mean that anyone should do similar. Optimal entry positions are very time specific – ever swung at and missed a ball when playing tennis, or shuttlecock at badminton? It’s that sort of thing. EURUSD has no one correct trendline. Having broken from the trendline shown (which I think is reasonable) and shot above, price has come intoRead More
This is not about your anatomy! Finding the bottom of an instrument (in the market) is not as easy as most might expect. The bottom is not a clearly defined point either. It’s often a band or range of price – as price varies around the so-called bottom. There may be no one bottom. A bottom today is not the same as one two months from now. So, in effect one is looking for aRead More
CADNOK is an exotic currency pair. It’s approaching an interesting level at the moment. The chart below shows some possible projections. Just to be clear, if price falls where I think it could, that doesn’t mean I’ll simply enter long. The 4H charts on CADNOK tend to show a pattern to bounce when prices goes rapidly from upper to lower band of the 2SD Bollinger bands.