All Blogs
Equity markets rose for a third straight day on Tuesday amid fading Brexit risk and positive developments in US-China trade negotiations...
Pivot (invalidation): 56.20 Our preference Long positions above 56.20 with targets at 57.00 & 57.40 in extension. Alternative scenario...
Pivot (invalidation): 18.1400 Our preference Short positions below 18.1400 with targets at 17.9100 & 17.8200 in extension. Alternative scenario...
Pivot (invalidation): 1511.00 Our preference Short positions below 1511.00 with targets at 1499.50 & 1496.50 in extension. Alternative scenario...
Pivot (invalidation): 3067.00 Our preference Long positions above 3067.00 with targets at 3091.00 & 3107.00 in extension. Alternative scenario...
Pivot (invalidation): 13020.00 Our preference Long positions above 13020.00 with targets at 13200.00 & 13270.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7140 Our preference Long positions above 5.7140 with targets at 5.7400 & 5.7520 in extension. Alternative scenario...
Pivot (invalidation): 0.6885 Our preference Long positions above 0.6885 with targets at 0.6915 & 0.6930 in extension. Alternative scenario...
Pivot (invalidation): 1.3135 Our preference Long positions above 1.3135 with targets at 1.3170 & 1.3185 in extension. Alternative scenario...
Pivot (invalidation): 0.9875 Our preference Long positions above 0.9875 with targets at 0.9910 & 0.9925 in extension. Alternative scenario...
Pivot (invalidation): 108.55 Our preference Long positions above 108.55 with targets at 108.90 & 109.05 in extension. Alternative scenario...
Pivot (invalidation): 1.2900 Our preference Short positions below 1.2900 with targets at 1.2860 & 1.2845 in extension. Alternative scenario...
Pivot (invalidation): 1.1135 Our preference Short positions below 1.1135 with targets at 1.1100 & 1.1080 in extension...
Dr. Elders describes the Triple Screen System in his book “Trading for Living.” This system gained popularity among professional and beginners. The system relies on cornerstone truth, that trader’s mind often time-bounded, so the one cannot see the whole market picture...
NZDUSD the pair closed lower on Monday opening the door for more decline. Support lies at the 0.6350 level where a break will turn attention to the 0.6300 level. A break of here will have to happen to create scope for a move higher towards the 0.6250 level...
The recent Turkish lira development appears quite surprising considering the latest rate cut implemented by the Turkish Central Bank earlier in October following the removal of US tariffs imports as it trades at four-week low...
We are still reeling from Powell’s admission that trade uncertainty is driving policy. The Fed has spent months scripting a communication that avoided becoming partisan and getting caught up in trade hype...
Pivot (invalidation): 55.60 Our preference Long positions above 55.60 with targets at 56.40 & 56.90 in extension. Alternative scenario...
