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The Forex category contains all posts, charts, & analysis on global currencies.

Swing Trade Ideas & Setups (video)

This video begins with an update on the Nasdaq 100 index & the potential stop-raid scenario highlighted earlier today followed by coverage of several trade ideas that stand out in the following order (starting at the 7:49 mark): Crude oil, lumber futures & the timber/forestry sector, Bitcoin via futures & GBTC, the US Dollar via futures & the EUR/USD pair along with a quick discussion of gold & GDX. Starting at the 25:24 mark, all active trade ideas on RSOTC followed by two unoffficial trades are covered in this order: Long Trades: XLP (stoppped out on Friday but still looks good), [...]

2018-04-23T16:54:59+00:00 Apr 23, 2018 4:54pm|Categories: Equity Market Analysis, Fixed Income (Bonds), Forex (Currencies)|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

GBTC & Bitcoin Futures Targets Hit, Pullback Likely

/GXBT (Bitcoin Futures) are approaching the 9082 resistance level with negative divergences in place on this 60-min time frame which increases the odds of a pullback soon while GBTC (Bitcoin Investment Trust), both unofficial trade ideas, has gapped about my 15.00 price target, trading as high as 15.50 shortly after the open today & at 15.43 at this time. GXBT 60-min April 23rd click to expand image, then use scroll-wheel or touchpad to pan & zoom or pinch-zoom on mobile My expectation is for a relatively minor pullback to about the 8600 to 8450 level on /GXBT which may [...]

2018-04-23T09:57:37+00:00 Apr 23, 2018 9:57am|Categories: Forex (Currencies), Unofficial Long Ideas|Tags: , |0 Comments

Stock Market, Bitcoin, Oil & Gold Analysis (video)

This video starts with the near-term outlook for the US stock market via QQQ, SPY & the index futures followed by coverage of the oil & the energy sector ETFs, Bitcoin futures & GBTC, concluding with an update on the US Dollar via EUR/USD & the US Dollar index along with the precious metals (GLD, SLV, PPLT) & related mining stocks (GDX). ?**playback speed can be increased in the settings to reduce the duration of the video**

2018-04-20T12:00:13+00:00 Apr 20, 2018 12:00pm|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |1 Comment

Bitcoin Futures On Watch for Breakout

/GXBT (Bitcoin futures) are close to testing the aforementioned 8370-ish resistance level which could spark the next rally if taken out when trading resumes on Sunday evening or sometime next week. My next price target remains 9082 which would account for a rally of about another 8% or so if hit. 60-minute chart below: GXBT 60-min April 19th

2018-04-19T16:03:11+00:00 Apr 19, 2018 4:03pm|Categories: Forex (Currencies), Unofficial Long Ideas|Tags: , |1 Comment

Analysis on the Stock Market, Precious Metals, Oil + Several Trade Ideas (video)

Technical analysis covering the stock market via QQQ as well as gold, silver, platinum, the US Dollar, Crude Oil & several individual stocks that stand out as potential trading opportunities that stand out at this time. The video begins with coverage of the Nasdaq 100 via QQQ & NQ Emini futures, followed by the outlook for the US Dollar (via EUR/USD), gold, silver, platinum & GDX, then crude oil via USO, OIL & /CL (crude futures) & wraps up with several potential trade ideas including /GXBT (Bitcoin futures), GBTC, OSTK, RIOT, CARA, TNDM & XENE. *playback speed can be increased in [...]

Stock Market Analysis & Trade Ideas (video)

Technical analysis providing the near-term outlook & price targets for the US stock market along with several potential trade ideas. The video begins with coverage of the Nasdaq 100 futures (/NQ) and tracking ETF (QQQ), highlighting some key technical levels & price targets followed by coverage of several trade ideas including WEAT, CORN, CANE, WOOD, GBTC, /GXBT (Bitcoin), gold, silver, PPLT (platinum ETF) and the US Dollar via EUR/USD & JPY/USD. </center

Gold, Silver & US Dollar Analysis

Member @up requested an update on gold, silver & the US Dollar along with the key currencies that have the largest impact on the US Dollar index (which in turn, affects the price of gold & silver). My read on the charts hasn't changed much since Wednesday's video as well as these follow-up comments that I posted yesterday in reply to the following inquiry from @zjgolf44: @zjgolf44: Also thanks for your recent gold video. What’s your take on EURUSD’s drop today below it’s lower ascending trend line? (USDJPY’s possible breakout) It doesn’t seem like gold is reacting correctly to todays action [...]

2018-04-06T13:41:07+00:00 Apr 6, 2018 1:39pm|Categories: Forex (Currencies), Gold & Commodities|Tags: , , , , , , , , , |1 Comment