Month: June 2019
Swing Trading Set – Ups | Premium | TEUM, PLUG, SQ, FB, GOOGL
Swing Trade Set-Ups to Watch.
A Group of Swing Trade Set-ups for your Trading Strategy this Week.
I have no idea if this next time cycle is going to be bullish or bearish, so lets consider either and trade them up or down until we know.
Trade # 1
ALPHABET (GOOGL) trading 1068.37, over 1167.00 sees 1250.00, under 1040 sees 945.00 $GOOGL #swingtrading
I have been saying for some time that Google, Facebook and Twitter would come under pressure, and here it is. I always traded support long on Google and Facebook until about six months ago, now you want to focus on resistance to short side imo.
Either way you trade it I’ve marked your most important decisions.If it trades any higher than 1160.00 I think you need a really good reason to stay long, or at least have solid tight stops in place.
Watching for a resistance trade to short.
Trade # 2
FACEBOOK (FB) Trading 173.35, over 174 sees 189.00, under 161.00 sees 146.00 $FB #swingtrade
Facebook seems to be spinning a better catalyst story than Google for now, so it has more short term reason to rise in price. I still don’t like it longer term so I am looking for a resistance area to short. The chart below is a guide.
Trade # 3
TWITTER (TWTR) trading 37.93, over 45.50 sees 52.00, under 33.00 sees 25.00 #swingtrading $TWTR
Same with Twitter, I don’t think it is going to do well over the next 5 or 6 years, or better said, I think the down side risks are significant, so I’m looking for resistance to short.
Trade # 4
Square (SQ)
SQUARE is on the move again, one of the top watches on Monday. I am extremely bullish on square to possible 90’s, trade the green arrows up. $SQ #swingtrade #tradealerts https://www.tradingview.com/chart/SQ/dMaElx3w-SQUARE-SQ-I-am-extremely-bullish-on-square-to-possible-90-s-t/
Why Square Stock Is Worth at Least $80 After Raising Guidance https://finance.yahoo.com/news/why-square-stock-worth-least-120815807.html?soc_src=social-sh&soc_trk=tw #swingtrading $SQ
Trade # 5
PLUG POWER (PLUG) Price target 3.48 early October 2019 if price gets bullish between now and then. On watch. #swingtrade
This is a symmetry trade, if I can lock in a turn up in momentum (it likely pulls back first) then I will trade it to the extension to upside as noted on chart.
Trade # 6
PARTEUM CORP (TEUM) Risk reward in this channel extremely high for at least a double, tight stops n go $TEUM #swingtrade
The risk reward in this trade set up is hard to ignore, TEUM is a top watch Monday morning. Use caution, stops and simple discipline in sizing and the risk reward set up here is unusually high for a trade higher.
Thanks
Curt
Subscribe to Swing Trading Service:
Swing Trading Bundle (Swing Trading Newsletter and Live Swing Trading Alerts).
Swing Trading Newsletter (Weekly Newsletter Published for Traders).
Real-Time Swing Trading Alerts (Private Member on Twitter Feed and more recently by way of Email).
One-on-One Trade Coaching (Via Skype or In-Person).
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Article Topics; SQ, TEUM, PLUG, FB, GOOGL, TWTR, Swing Trading, Set Ups, Strategies
How to Know & How We Alerted (In Advance) Crude Oil Intra-Day Bottom Price, Day High, Trend (PT 1)
A Reliable Method to Determine in Advance Intra-Day Bottom Price, Day High Price, Trading Trend and Timing for Your Crude Oil Day Trading Strategy (Part 1).
The systematic process below that includes actual time stamped oil trade alerts, live video from our oil trading room and charts from our oil trade chat room is easily identifiable when the right signals of trade are in play on any day that you are trading crude oil.
The method below can be learned and reproduced by any trader that studies the trading set-up and strategy explained.
When a trader knows with high probability the likely range of trade for the day then a trading strategy for daytrading can be put in to place.
If you know the likely high of day, low of day, reversal area, trend of trade for the day and the likely timing of the price target areas / reversals this goes a long way to help you with your day trade strategy for executing trades. You can then execute your trades in accordance to those signals until they are no longer relevant or in play.
Hopefully in sharing what happened today in our oil trading room this will help you with your oil daytrading strategy in future.
Part One of this Article will show you how trade transpired today, what we alerted, the charting as it happened, the models we used to determine the high price of day, low price of day, time cycle peak for price targets, the trend on day and more.
Part Two of this Article will explain how you can use this information (the charts, alerts, trading room, chat etc) to develop your own daytrading strategy for crude oil trade.
June 16 Update – Part Two of this Article is Now Complete and can be viewed by clicking here.
Today was the weekly EIA Report at 10:30 AM. There was a substantial build reported. Below is a copy of a tweet from ZeroHedge.
Crude oil +6.77MM, Exp. -0.5MM
Gasoline +3.21MM
Distillate +4.57MM
Cushing +1.79MM
Crude oil +6.77MM, Exp. -0.5MM
Gasoline +3.21MM
Distillate +4.57MM
Cushing +1.79MMOh that's why oil is plunging
— zerohedge (@zerohedge) June 5, 2019
Prior to the EIA report coming out I was concerned about it and let the trading room know right before it was announced (the live video is in this article). Even though I expected the oil price to collapse I didn’t trade it down because we were in the last part of our final coding of our machine trade – so I was doing double duty (I wanted to get done).
So the report comes out and oil starts to collapse (you can see all this on the video from the oil trading room for those learning about how oil trades and what to watch for).
At 10:54 AM I alert the oil trading room (with voice broadcast and charting), the oil chat room (see screen capture image below) and alert to the member Twitter feed (screen shot below) that we are looking at the 50.84 area of FX USOIL WTI for possible long trade (trend reversal) for a possible bottom price area on the day. We trade CL futures but alert on USOIL WTI for consistency between instruments of trade for crude oil.
Looking 50.84 area possible longs (bottom of quad) trading 51.26 intra. Shorting all pops thereafter in to quad area resistance.
Then at 11:54 the price of oil drops in to the area previously alerts, spikes down with a flash and trade reverses. In the oil chat room screen shot below you can see I alerted our long oil trade (machine trade in this instance) in the 50.70s and then the machine trade closed and fired a few other times. This ended up in fact being the low of day in trade. I had alerted that I was looking at the 50.84 area and price hit 50.70s and reversed.
Software fired in there 50.70 s to closing 50.90 s, I didn’t but we’ll see if it holds the range for a bounce.
You can also see in the screen shot that I was sharing various chart set-ups to help our traders with their trading strategies for the day so they knew where the structured areas of support, resistance etc were.
Then at 12:07 PM I alerted to the oil trading room by voice broadcast, chat room with charting and on live alert feed that the structure of trade had improved and that we expected that the low of day for trade had in fact been put in confirming a reversal.
improved structure, likely near term low in
Then shortly after 12:00 I alerted (to live trading room, chat room, alert feed) that there was a time cycle peak coming at 2:15 (in other words if you are long on the reversal from the day lows that 2:15 would be the area of time on the day for a high for your price targeting on the trade).
I also gave the resistance levels between where trade was at near the bottom of the trading quad (near the reversal area at bottom) and where we seen the top price target of trade. In other words, if you are long the trade watch for the 20 MA on the 5 minute chart above and the mid quad (mid channel) resistance on the 30 minute EPIC model chart.
2:15 time cycle should be the top on any retrace up on the day
20 MA on 5 min overhead
2:15 PM time cycle most bullish scenario we have is 51.90 (mid channel on EPIC quad) trading 51.32
body of 30 min candle at machine line
Then after the resistance areas are overcome in uptrend trade on the day at 1:20 PM (in advance of the 2:15 time cycle peak) I alert in more detail the various price target areas that represent various model charts on different time-frames so that our traders know exactly what levels to watch as price nears both time and region of trade for our trending price targets for the day trade.
Resistance we are watching intra 51.86 mid channel EPIC, 52.14 5 min, 52.10 on 1 min, 2:15 time cycle peak, just hit 51.81 intra. Nice reversal intra in the EPIC quad from just below support of area we had marked. Also watching for signals for longer term trend reversal possibilities.
Image capture below from oil trade chat room shows 1 min crude oil model trend and 5 min chart with oil trade trending in to time cycle peak as alerted.
Image below from oil trading room alerting that price reversal strong structure expect possible trend reversal and possible price targets. The first image is the 30 minute EPIC algorithm chart model showing a strong bounce off the bottom area of the quadrant (the alerted price reversal area).
Strong signal the trend on wider time frame is in reversal mode with action seen in this quad today really clean
And because the bounce is so strong and structured properly in the quad that traders could start possibly looking at larger time frame charting for a possible trend reversal and possible price targets in that scenario.
maybe one quad more down but that would be it if so imo
60.41 would be trend reversal target, trading 51.91, 850 ticks ish
sorry its 59.22
Image showing oil trade room signals on 1 minute chart for confirmation of intra day trend from HFT trade action. Normally we would explain or alert this as it was happening live, however, in today’s scenario I was doing double duty coding so I was sure to show our traders where / how they could confirm that the intra-day trend (for in future trading strategy) was still in play.
After two hits to the trend then the HFT programs set their confirmation pivot and continue trend. This confirms that a trade can continue looking in to the trend for the day, the price targets for day high and time cycle peak for the day.
this is where the HFTs hammered down today, after two hits to 1 min channel support and hit to 1 min range they hammered down
Two chart images below of crude oil trade from trading room comparing last week trade action and this week in 30 Minute EPIC model. This week the trade is much more structured confirming signals that I will include in Part 2 of this report.
Last weeks quad action
This week quad action
The final two images below show that price did in fact spike in to the time cycle peak for 2:15 PM and did reverse in this area of oil trade for a short opportunity as we had alerted much earlier in the day.
peaking in to time cycle intra
Next, in Part Two of this article (sent to premium members) I will explain exactly how you can use this information (the charts, alerts, trading room, chat etc) to develop your own day trading strategy for crude oil trade.
I will explain trade signals such as how to know where the time cycles are, what the expected high of day and low of day is most probable and what the trend on the day should be.
Below is the raw oil trading room video feed, if you are learning to trade oil you can correlate the time stamp you see on the images above to the time stamp on the video so you can scroll through the video to specifically what I was saying in the trading room during each alert period. The video below is only a raw feed and I am not broadcasting on mic all day – only when there are alerts and or trades in play (this is why I mention the time stamps). I only include the video because newer students of trade can utilize the live video (and associated comments and charting) to learn, but it is not packaged in short form so you have to dig a bit.
Further Learning:
If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.
Welcome to NYMEX WTI Light Sweet Crude Oil Futures.
Subscribe to Oil Trading Platform:
At check-out use coupon code “epic30” for 30% off. Either Oil Trade Alerts Only or Oil Trade Bundle (Live Room, Reports, Alerts).
Standalone Oil Algorithm Newsletter (Member Charting Updates Distributed Weekly).
Real-Time Oil Trading Alerts (Oil Trade Alerts via Private Twitter Feed and Discord Private Chat Room).
Oil Trading Room / Algorithm Newsletter / Alert Bundle (Weekly Newsletter, Trading Broadcast Room, Chat Room, Real-Time Trade Alerts).
Commercial / Institutional Multi User License (for professional trading groups).
One-on-One Trade Coaching (Via Skype or in person).
Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.
Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States
Article Topics: Day Trading, Crude, Oil, Trading, Trading Room, Strategy, Signals, Reversals, Trend, Price Targets, Time Cycle
Follow:
Trading a New Economic Reality | Swing Trading, Intra-Day, Investing | VIX, BTC, OIL, DXY, GOLD, SILVER, AU, FB, GOOGL, AMZN, SRNE
A Large Time-Cycle in Global Markets is at an Inflection Point, Below Are Trade Set-Ups to Watch.
The Swing Trades (Trends), Investment (Hedge) and Day Trade Ideas Below Reflect Two Primary Opposing Scenarios.
I have messaged this possible development in the markets being near for some time – the time is here-now in my best estimation.
In to December I was messaging a large time cycle to start late December 2018 (saying that it would be the biggest in my 30 years of trading) and that it would last in to the third week of May 2019 and for some financial instruments (such as crude oil) in to the week of June 10, 2019.
The market ran hard from Dec 24, 2018 until early May and then really came off in to the 3rd week of May.
The run was in many ways one of the most significant in modern time. The next is huge and lasts in to 2025 (sure there are time-cycles on lower time frames in between the big). Everything is about to change (if I’m correct).
Going forward…
One scenario has the masters of the global economy using magic money, rates, manipulated media and the like to run markets up and up.
The other opposing scenario sees masters of the globe at war with one another, resulting in market upheaval, whipsaw at best.
One scenario has precious metals to the moon and the other with continued price suppression – look at a long term Gold chart.
One scenario has crypto flying high with Bitcoin at 1,000,000.00 plus and the other with Facebook’s crypto offering at 1,000,000.00 and Bitcoin at tanking to 900.00 (some drama added there).
One has the old guard in tech (social media) giants such as Facebook, Google and Twitter flourishing – avoiding DOJ investigation, suppressing global community back-lash and reigning supreme dominance over upstart threats.
The other sees old guard tech under endless government investigation resulting in possible break-ups in to disjointed parts of the old, global consciousness pushing back against privacy intrusion and new competitors out-smarting and maneuvering them.
One has new tech niche areas of opportunity finding fantastic success in a world that needs more security, more connectivity and more monitoring. More VR, more movies, more me – it is about me after all.
The other has investors supporting ethically driven tech management teams creating new paradigms in corporate global community tech structures.
One has globalists rolling out a continued grand vision of the new world order. And the other scenario finds the likes of Soros picking up pieces of the past, if at all.
I could go on for a week with examples. I’m sure you get the point.
We believe these two opposing scenarios will play out over the next five or so years like a ping-pong game (we’re riding the ball in the game) – extreme opposite scenarios at war.
For one day, a week, a month (or more) everything will run to the moon and then as fast as you can turn your head between monitors the whole game will change.
We see our job to be aware, prepared and awake enough to execute on the opportunities this upheaval will bring.
This will require flexibility in trading strategy, it will demand a lot of study and intensive focus on a daily basis.
Our reporting will reflect this. It will be more regular and include more diversity of trade set-ups going forward.
This will also require an understanding of the structure of the financial instruments on watch. The study and understanding of the structure is required in advance. As the opportunities arise (as markets are inflecting) then these reports (and included charts and links) can be referenced quickly and instruments traded within a few seconds or minutes because the work has been done in advance.
We will look at our standards (Gold, Silver, USD, Oil, SPY, BTC, VIX) in more depth and more often.
We will look to the oversold, over bought, the neglected and undervalued equities. Large, mid, small and micro cap equities. Catalysts within time-frames will be key.
Global market inflections will also be key – in commodities, indices, equities, currencies, bonds, credit, crypto and more. If it is a financial instrument that can be traded and the opportunity for exception risk reward is present – expect our reporting to cover it.
Why? Because there will be opportunity within very specific areas of inflection, but we see a nimble bias with focused intention to be required.
We see turmoil on the horizon, and we don’t expect that to dissipate, we expect it to escalate.
If we are correct, our economic reality will change over the next five or six years in ways that will confuse the pundits and masses.
We intend to trade the confusion, uncertainty, inflections, volatility and hidden opportunity with skill and purpose.
Below are the first of the set-ups.
We will start with some timely standards (to be sure we have the general structure of the playing field) and then over the coming days and weeks we will move more and more in to catalyst driven equities, commodities, currencies, indices etc.
Note: Check the date on each chart to be sure they are current to your time-frame.
Lets consider defensive trades, the hedges, the volatility scenarios.
Trade # 1 – The Trade You Don’t Want to Ignore, AngloGold Ashanti (AU)
On the weekend we provided a highlighted equity (Gold related hedge positioning play), you can find it here;
Protected: Swing Trading AngloGold Ashanti Limited (AU) – Part 2 | Premium Report
Be careful with your bias, do not ignore this fantastic risk reward opportunity packed with an opportunity to hedge your portfolio against volatility created within poor equity market sentiment scenarios. I don’t warn often and if you have followed me for any time, when I do I’m normally spot on. One of our skills. Another is time cycles.
Bottom line, the return on investment vs. return within consideration of the hedging bonus makes this play hard to beat. When sentiment tanks long this thing, when sentiment improves trim your longs, rinse, repeat. You are likely to see a better return trading AU than you will trading Gold, Silver and other similar plays.
https://www.tradingview.com/chart/AU/zYvhJvIN-AU-buy-signal/
Trade # 2 – Volatility Itself. VIX. Soon we will look at the volatility within volatility trade, for now, lets look at the structural VIX charting and related instruments for trade.
The simple volatility time cycles on simple structured VIX charting are one of the best timing gauges for equity market moves and sentiment. Overlooked by mainstream financial market media so much I have to assume it is intentional. Lets take a look at what VIX has to tell us.
One my favorites, below are my comments and observations;
- I produced this chart in late 2018 telling clients to watch out because that trend-line was coming to an end. That resistance would be gone and a new era in volatility was around the corner. Obviously. What wasn’t so obvious was what structure (form) this coming volatility would take, so I provided three scenarios (review chart below). The scenarios (or possible structures of trade within the instrument) are all playing out in real world trade in 2019. Why do I mention this? Because I know our time cycle and financial instrument structured charting (modeling) hits a high percentage of the time. Why does that matter? Because its our job to be right. To help our clients make money. Check our record with time cycles and instrument model structure. Here’s the problem, people don’t have time so they think / say things like this… if your record is so good then you could alert every trade for me, or trade for me everything you see, or nobody can be right that often and on and on and on. All I can say is check our record in presenting structured models and time cycles. It’s our primary / main / best asset to our clients. We can’t trade every set-up, we can’t alert every set-up, but we can report (like this) and it’s up to you (in large part) to reference previous reporting and check the models. They work, you just have to consider it your library of structured set ups. So I’ll say it again, it isn’t a need to be right for the sake of being able to say we are right. Our job is to be right and remind our clients of where specifically we are typically most right. We are most right in this type of example. Structured time cycle chart models. VIX is a perfect example.
- Look closely at the diagonal GANN fanning support and resistance areas, they will help you trade this.
- Pay close attention to the vertical red dotted (time cycle) measured time frames for inflections in price. You will notice price to spike in to or out of or dump in to and spike out of each vertical time cycle.
- Notice the orange triangle (which was the third consideration when I put out the detailed VIX report), it was the most peaked of the structures and sure enough VIX spiked highest right on time right there.
- The horizontal Fibonacci levels are the least of the consideration with trading VIX.
- When a time cycle is coming due… think about the equity markets relative to the probability of VIX spiking in to the time cycle (vertical red) or dumping in to the time cycle. If Volatility is in a trend to continue dumping in to the vertical then your equity longs should be your bias. If the trend for VIX in to that vertical is likely to see a spike then you should be thinking in terms of a bias long Bitcoin, previous metals, VIX etc.
- Remember, this chart wasn’t just modeled, it was modeled six or more months ago. Think GPS, road map, structure etc.
- This is likely one of the best gauges of global market sentiment relative to equity positioning you will find. And mainstream media won’t tell you how simple it is to model it so that you can position your trading properly in to each inflection.
So what does the VIX charting and /or structured chart models say about the future now?
1 – Volatility (VIX) MACD may be turning up signalling a long.
The problem is that price is above mid Bollinger nearing upper band, this isn’t a best case long timing, but timing may not be on your side here (review structured model on chart down). The time to short the VIX (you can short TVIX or UVXY ETNs for leveraged exposure fyi) is not until price is above the upper Bollinger. I don’t recommend holding a short position as such over night.
You can day trade and swing trade volatility with UVXY, TVIX and other related instruments of trade.
2 – If history rhymes, volatility (VIX) will spike in to Oct 21, 2019 and start early in progression. $VIX #swingtrading
Look closely at the price trend in VIX, the progression in bullish behavior of the VIX trade is starting earlier and earlier in to each time cycle peak (the peak represented by the three pyramids). Now, does this mean it will happen again for sure? No, absolutely not. HOWEVER, there is a significant probability that the next occurs on time, the trend continues bullish earlier as represented on the chart and if I’m right, the next spike could be significantly higher than the previous two. In fact, it could extend 50% more without effort. Momentum is building.
The chart below is how I knew that the time cycles for the general markets extended from the week of Dec 17, 2018 (approx) to the week of May 21 (approx). There were some other important chart models in the markets that implied that the week of May 21 could be extended to the week of June 10. The correlation between the key models in various areas of the markets is key.
If volatility spikes in to October 2019, I think 41.00 is an easy price target and 50 – 60 are possible. It is an “if” it spikes scenario however.
Shorting volatility in to this time cycle in to late 2019 would be foolish imo.
Trade # 3 – Bitcoin. BTC XBT
When I signaled an alert to long Bitcoin, this was your best clue (that we could provide) that equity market pressure wasn’t far behind. Not that BTC moves can be correlated to equity markets, but a signal to buy Bitcoin after a long consolidation (and likely manipulation) period should be considered as a bearish signal for equity markets. Perhaps a bullish signal for Gold and Silver also, however, Gold and Silver have an invisible hand that BTC does not. BTC is likely to be allowed to live, if not thrive for some time in a scenario in which the likes of Facebook FB are allowed (or directed) to create and grow crypto networks within their platforms.
It was an obvious trade imo (long BTC).
The screen shot of the alert below to long Bitcoin shows the date to be at the end of January 2019. How did I time this trade? Market forces began messaging Facebook’s intent to launch a crypto currency.
Project Libra: Everything We Know About Facebook’s Cryptocurrency
If Facebook is endorsing crypto “they” – the invisible hand are likely to allow BTC to run. If BTC runs crypto enthusiasts become happy preparing the way for the Facebook “better” alternative. Simple manipulation of the masses.
Lets look at the structure of the Bitcoin trade now.
Bitcoin trading strategies and alerts. Green arrow buy alert, red arrow trim longs, support and resistance noted $BTC
The one scenario below shows the white arrows trending up and the other with white arrow trending down to what I see as near term support.
Each horizontal Fibonacci line (and diagonal gray dotted) is support and resistance. Size your trades, adds, trims etc according to them. The more important decisions are marked on the chart with white arrows.
The orange box is a trading box. When price is in the box expect large moves. Use the mid point of the box as support and resistance.
The green arrow is when we alerted to our clients to buy and the red arrow is when we alerted to trim long positions.
Over 9575.00 (held) is very bullish. Bitcoin is trading at 7914.00 intra-day. The 6440.00 area is considerable support in my opinion. Anything under that is bearish.
Bitcoin can be traded on various crypto exchanges, on US exchanges you can trade BTC (XBT) futures, there are Bitcoin related equities (in an upcoming post) and there are swap exchanges that enable trade with instruments such as XBTUSD.
Trade # 4 – Crude Oil $CL_F $USOIL $WTI $USO $UWT $DWT
Daily – measured move extension on Fib structure, could be bottom support. White arrows.
This could be an area of trade that sees a near term bottom. Crude oil is not easy to trade, but if you get the turns on the larger structure right, there are few financial instruments that can return profit to your portfolio like oil can. But you have to get it right.
Crude oil can be traded on regular equity markets using UWT (long oil) DWT (short oil) and with a variety of other related instruments of trade.
Crude Oil Chart Structure.
Below is a large charting time-frame with structured support and resistance areas in a grid to help you with perspective in trade positioning on a wide time frame.
Use the trend-lines and horizontal / diagonal Fibonacci lines for general areas of support and resistance. A channel will develop soon that will help with your trade size and flow.
https://www.tradingview.com/chart/USOIL/DK619aJo-Crude-Oil-Chart-Structure/
Trade # 5 – Gold $GC_F $XAUUSD $GLD $UGLD $DGLD
Gold Chart, areas of support and resistance are marked, red triangle, arrows and FIbonacci. $GC_F $XAUUSD $GLD.
I am still short Gold but I will have to seriously reconsider if price beaches the red line resistance above. It is in to a time cycle peak for ealy August so I am watching closely here.
Trade # 6 – US Dollar Index $DXY $UUP
The US Dollar Index (DXY) is trading within a structured range, watch for divergent moves going forward. $DXY $UUP
I have been bullish the dollar since its range lows back in January of 2018, however, I’m starting to tilt to the bearish side and looking for a short under the 200 MA on the Weekly Chart (pink line below).
Trade # 7 – Silver $SI_F $SLV $USLV $DSLV
The key to the Silver trade is the squeeze momentum indicator (at bottom of chart) on the Weekly time frame. #Silver
I have watched the Silver trade for years, and this beyond most has been manipulated by an invisible hand for some time. One of the few indicators that works with reliability is the squeeze momentum indicators specifically on the weekly time-frame. When it is deep in red and turns dark red its a buy and when it is red and turns green it is also a buy.
When it turns to a buy next time I will provide the shorter time frame model that is very predictable.
Trade # 8 – ALPHABET / GOOGLE (GOOGL), FACEBOOK (FB), TWITTER (TWTR), AMAZON (AMZN) and more tech titans.
In the next report (out within days and not weeks) we will dig in deep with technical trade strategies for GOOGL, FB, TWTR, AMZN and more of these that provide downside risk in my opinion. In near future I will also highlight other tech related that I believe are going to do very well.
For now, if you don’t already know what is happening with big tech, the links below will give you an idea of the problems these companies are facing.
I have been alerting for some time that Google, Facebook, Twitter, Amazon and others contain significant downside risk in the upcoming clash of the titans.
Team Trump doesn’t like their bias, censorship or control over the general narrative. If Trump gets his way, these companies will look very different in to 2025.
This past weekend (Friday night) news came out that Google (Alphabet, the parent) is under DOJ investigation.
Google Should Be Afraid. Very Afraid. #swingtrading $GOOGL https://t.co/dvCENWXHK9
— Swing Trading (@swingtrading_ct) June 2, 2019
Read this thread on Twitter about the Google DOJ challenge https://twitter.com/SuperMugatu/status/1134643043225804806
My bias is to short Google and Facebook at every important resistance area (and perhaps Twitter and even Amazon if it sets up properly).
On the flip side, you can see these tech titans also starting to position themselves for the change near. Facebook bought Instagram and Whatsapp because Facebook is obviously in late cycle growth. Facebook may also have a crypto offering and a payments platform very soon.
Facebook Holds Talks With CFTC Over GlobalCoin Cryptocurrency: Report
But Facebook has BIG challenges ahead;
Is Facebook a publisher? In public it says no, but in court it says yes #swingtrading $FB
Is Facebook a publisher? In public it says no, but in court it says yes #swingtrading $FB https://t.co/7yyx8vBEac
— Swing Trading (@swingtrading_ct) June 1, 2019
Below an example challenge for Amazon near term;
Amazon will reportedly fall under antitrust oversight from the FTC #swingtrading $AMZN https://www.theverge.com/2019/6/2/18649375/amazon-federal-trade-commission-ftc-doj-antitrust?utm_campaign=theverge&utm_content=entry&utm_medium=social&utm_source=twitter … via @Verge
Day Trade of The Day, Sorrento Therapeutics SRNE (May turn in to a swing trade).
Long SRNE premarket 3.00 area for a day trade maybe swing with a 4.75 price target on news. #daytrade #swingtrade
The next report, and they will be regular going forward, we will deal with Tech and many other equities.
Thanks
Curt
Article Topics; Swing trading, investing, day trading, VIX, BTC, OIL, DXY, GOLD, SILVER, AU, FB, GOOGL, AMZN, SRNE, time cycles, strategies
Subscribe to Swing Trading Service:
Swing Trading Bundle (Swing Trading Newsletter and Live Swing Trading Alerts).
Swing Trading Newsletter (Weekly Newsletter Published for Traders).
Real-Time Swing Trading Alerts (Private Member on Twitter Feed and more recently by way of Email).
One-on-One Trade Coaching (Via Skype or In-Person).
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Article Topics;
Swing Trading AngloGold Ashanti Limited (AU) – Part 2 | Premium Report
There are two primary reasons to consider a swing trade / investment (hedge) in AngloGold Ashanti (AU) (or similar companies).
This is Part Two of the Swing Trading AngloGold Ashanti Limited (AU) Report.
The first reason is that a global market time cycle is near or at peak and the other is in preparation for a coming scenario we see very possible – a revamp of our global economic structure.
Both reasons (market time cycles and a possible revamp in our global economic structure) will be topics I will cover in great detail in client reports in near future.
I won’t be explaining either of the two scenarios in this report, but I will for now point out the following;
- Portfolio Protection (Hedge). If I am correct about the near term time cycle completion in global markets, AngloGold is a decent portfolio protection trade should increased volatility come to the markets, and
- Economic Structure Revamp (Two Scenarios). If I am correct (further out in terms of years and not decades) that a significant global economic structural revamp is in fact in play, there is a high probability that corporations such as AngloGold will be fantastic trades / investments / portfolio hedging instruments of trade. I will be reporting on two scenarios for the economic structural revamp I see coming, one in which companies like AngloGold will do well and another scenario in which companies such as AngloGold will not do so well. It will be up to the trader / investor to watch as one of two scenarios play out – both I will present so we are prepared in advance.
In this report I present a weekly structural chart of AngloGold. It is a noisy chart but if you take the time to work with it you will find that the signals you most need to plan a successful swing trade and / or investment in AngloGold are very likely detailed on the charting below.
The AngloGold Ashanti (AU) chart below details the following scenarios / indicators for your swing trade and or investment (hedge) strategy (timing of entries etc);
- Bullish Scenarios – There are three white arrows that predict three possible uptrend scenarios, you can consider these possible price trajectories should AngloGold start to trend up. I won’t explain in detail how they are derived other than to say that symmetry plays a large part as does time cycle theory and Fibonacci levels. Simply put, if price starts to trend with one of the arrows, follow the trajectory for a trade and consider all other lines on the chart as possible support and retrace considerations for entries, exits, adding to or trimming your trade size.
- Gann Waves – The other scenario is not as bullish, but takes in to consideration an uptrend, slower and not as bullish in trajectory. The Gann Waves on the chart are the diagonal lines with multi-colors. Follow the wave in which price is trading and it is that simple. Long considerations at the bottom of each support area and trimming longs near the top of each.
- Fibonacci Levels – And the third indicator on the charting are the Fibonacci levels, the most important of which are marked with white arrows. You can ebb and flow a long trade taking in to consideration those support and resistance levels. The diagonal Fib trendlines are also included but are of less importance (grey dotted diagonal). And finally the horizontal Fibonacci lines are included. The Fibonacci lines are structurally motivated to the instrument and not conventional. In other words, the Fibonacci structure (overlay) on this chart is for mid to long term thinking / trade planning.
Other reasons for considering this trade;
- Price is above the 200 MA on the weekly. This is a significant signal for a long position.
- The MACD is crossed up on the daily time-frame. Another significant bullish indication.
- There are three distinct areas of symmetry on this chart, if correct, I see a fourth starting soon. This would be a return to the second time cycle within the symmetry of the life of this specific financial instrument. In other words, the most bullish area of the chart structure (on the weekly). This could very well repeat. This however relates back to the economic restructure that is coming and which of two scenarios I see possible playing out.
Below is the Chart for AngloGold Ashanti. The signals to plan your trading strategy are include on the chart.
The price targets and signals are much different than in Part One of this report, but that is intentional. Part one provides a simple trading strategy for hands off swing trading and / or investment and / or hedging. The trading plan included in this report is for more hands on trading and / or for more serious long term hedging or investing.
A Final Note:
This trade has to be considered one step at a time.
Specific to time cycles, there is no way to know what the markets will do at inflections in time cycles. In other words, we know that a large time cycle is coming due between the end of May 2019 and mid June 2019.
We also know it is large and will run for some time (see near future report for more detail). Within the time frame that the next time cycle(s) occur the markets will have waves of bullish and bearish trade trajectory.
We will be reporting in great detail about this specific time cycle, we see it lasting for up to six years (to peak) and we plan to day trade, swing trade, trend trade and invest / hedge with clear discipline through-out its peaks and valleys.
The other important final note is that we see two possible scenarios playing out in the large time cycle of the “next” (the commencement of the post carbon world economic restructure). In this, some companies (equities), some resources / commodities, currencies, sectors etc will do well and others will not do well. We see the separation (divergence) of bullish and bearish inflections to very likely be the largest in a generation, historical in fact. In one scenario companies such as AngloGold will do very well but in the other not so well.
The upcoming time cycle reporting and the upcoming reporting that will detail the “next” we see as being very plausible (an economic structural revamp) will be our focus reporting. The trade set-ups we will report on will be motivated around what we see as the next.
As I noted on my Twitter feed today, we see the next six years as a significant (historical) time in global financial markets.
Part One of the AngloGold trading strategy is available at link click here.
For More Study:
Visit our website blog link specific to swing trading and scroll down to posts that have been historically unlocked to the public. You will have to scroll down and scroll to historical pages.
Special Pricing (expires June 16, 2019):
Swing Trade Alerts Only Discount for our Followers – One Month Reg 99.00 Special 69.30 w/ 30% Off. Use Code: SWING30. Expires June 16, 2019. Discount code can be used for 3, 6, 12 mos terms also for greater savings. #swingtrading #tradealerts https://compoundtrading.com/product/swing-trading-alerts/?attribute_plan=One+Month
Swing Trading Bundle Discount (Newsletters, Trade Alerts, Chat) for our Followers – One Month Reg 149.00 Special 104.30 with 30% Off. Use Code: SWING30. Expires June 16, 2019. Discount code can be used for 3, 6, 12 mos terms also for greater savings. https://compoundtrading.com/product/swing-trading-bundle/
Subscribe to Swing Trading Service:
Swing Trading Bundle (Swing Trading Newsletter and Live Swing Trading Alerts).
Swing Trading Newsletter (Weekly Newsletter Published for Traders).
Real-Time Swing Trading Alerts (Private Member on Twitter Feed and more recently by way of Email).
One-on-One Trade Coaching (Via Skype or In-Person).
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Article Topics; AngloGold Ashanti, AU, Swing Trade, Trading Strategy, Time Cycles, Price Targets, Hedge, Investment, Signals
AngloGold Ashanti Limited (AU) | Trading Time Cycle Inflection – Part 1 #swingtrading #tradingstrategies $AU
A New Global Market Time Cycle is Upon Us, Below is Part One Of The Report: Trade Signals For My AngloGold Ashanti Limited (AU) Swing Trade Strategy.
AngloGold Ashanti (AU) is a portfolio protection trade. Increased market volatility becomes more and more likely as we crest the June 10, 2019 global market time cycle peak and over the next six years (global time cycle report to follow).
Hedging a portfolio with low to negative beta trades is one trading strategy we will be employ in to and during this large time cycle.
First, a review of some conventional Anglo Gold charting and then in the Part 2 Premium Member Report we will look closer at algorithmic structured charting, Fibonacci levels, baseline support target price prior to entering trade and time cycles for timely entries to the long and short side of the trade strategy. In Part 2 I will also provide links to all charting.
About AngloGold Ashanti (AU).
AngloGold Ashanti is the third-largest gold mining company in the world, measured by production. Company website https://www.anglogoldashanti.com/.
AngloGold Ashanti Wikipedia https://en.wikipedia.org/wiki/AngloGold_Ashanti.
Market Watch: AngloGold Ashanti swings to profit- Published: Feb 19, 2019 1:29 a.m. ET https://www.marketwatch.com/story/anglogold-ashanti-swings-to-profit-2019-02-19.
Four Ways to Time a Swing Trade Entry in AngloGold Ashanti Limited (AU) $AU #swingtrading
- Stochastic RSI. The blue arrow on the chart below shows the stochastic RSI, ideally you want to long this trade when it is first curling up not near the top. However, it can ride the top for some time, so this is more difficult. We have a baseline support price (above current price) we want to see before entering the trade (see Part 2 of this report).
- MACD. The MACD on a daily or weekly time frame (depending on how active you want to be in the trade) is one of the most successful methods to time swing trades (or trend / directional trajectory trading). The MACD is currently trending up and has lots of room to run.
- The 200 MA is also a great signal for trading. Price consolidated above the 200 MA (pink arrow on chart below) on the daily and price has since started to trade higher – in gap mode with recent market uncertainty.
- Squeeze Momentum Indicator – a proprietary indicator from Trading View I personally use in most swing trades, when green I go, only when it’s green (unless some other significant signals are present).
See this related article: Low Beta Stocks To Buy As Market Volatility Increases https://finance.yahoo.com/news/low-beta-stocks-buy-market-221910967.html?.tsrc=rss
Price Targets And Sizing for a Long Position in AngloGold Ashanti Trade
Limiting downside exposure is key in trading (risk management). Ideally you want to time your entry with an initial position and add to the position through the first third (or so) of the trade and trim your position in the last third (or so) of the trading range.
Price targets are difficult and limiting (unless you are using in depth algorithmic chart models with clear time cycles), but I will do my best below to give you some idea. But first be sure you set a minimum low side price or have an indicator as an absolute sell indication if the long trade does not work for you (for example, you could say that if the MACD on the daily turns down you will close the trade).
Keeping it simple, you could target the four areas of the chart per below (blue lines). The first fills the historical gap (the most obvious) and the three other a sequential (derived from Fibonacci and price) as key areas that are likely to find over supply in your upside trade.
The four areas (price targets) are also below the 50% range of historical pricing. This leaves you with additional opportunity for returns above the 50% range should this trade timing be spot on (or even near spot on).
The other general way to time your price targets is to trim your trade position at previous highs on the chart or ebb and flow your positioning between Fibonacci levels.
For my personal trade strategy, this is a portfolio positioning long side trade that could last well in to 2025 and beyond. Above the 50% region of historical price you could hold a small amount as a bonus.
Timing Your Trade.
AngloGold closed trade on Friday up 7.26% on the day trading 13.29. Given the rise in price late last week I would encourage you in your trading strategy to time your entry on a pull back, however, a pull back in price may not occur any time soon (considering the current market turmoil). And finally I would note that the June 10, 2019 time cycle peak could see either a run up in equity markets or down on the other side, so you may want to wait a few weeks (more on global time cycle expectations in global markets in premium reports to follow).
Part Two of the AngloGold trading strategy available click here (premium).
For More Study:
Visit our website blog link specific to swing trading and scroll down to posts that have been historically unlocked to the public. You will have to scroll down and scroll to historical pages.
Special Pricing (expires June 16, 2019):
Swing Trade Alerts Only Discount for our Followers – One Month Reg 99.00 Special 69.30 w/ 30% Off. Use Code: SWING30. Expires June 16, 2019. Discount code can be used for 3, 6, 12 mos terms also for greater savings. #swingtrading #tradealerts https://compoundtrading.com/product/swing-trading-alerts/?attribute_plan=One+Month
Swing Trading Bundle Discount (Newsletters, Trade Alerts, Chat) for our Followers – One Month Reg 149.00 Special 104.30 with 30% Off. Use Code: SWING30. Expires June 16, 2019. Discount code can be used for 3, 6, 12 mos terms also for greater savings. https://compoundtrading.com/product/swing-trading-bundle/
Subscribe to Swing Trading Service:
Swing Trading Bundle (Swing Trading Newsletter and Live Swing Trading Alerts).
Swing Trading Newsletter (Weekly Newsletter Published for Traders).
Real-Time Swing Trading Alerts (Private Member on Twitter Feed and more recently by way of Email).
One-on-One Trade Coaching (Via Skype or In-Person).
Free Mailing List(s):
Join Email List for Free Trade Charting Trade Set-ups, Deals, Podcasts and Public Webinars.
Free Swing Trading Periodical Contact Form (Complimentary Swing Trade Set-Ups to Email)
Public Chat:
Visit our Free Public Chat Room on Discord.
Article Topics; AngloGold, Ashanti, AU, Swing Trading, Trading Strategy, Time Cycles, Price Targets