Friday, August 18, 2017
Thursday, August 17, 2017
Monday, August 7, 2017
GBPUSD Looks like Perfect Setup
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Monday, July 24, 2017
USD/CAD Continues to Depreciate as Saudis Vows to Cap Production
With the Dollar continuing to sell off and Crude climbing new grounds, we may see further depreciation with the USD/CAD as the Saudis vow to cap production levels. This pair is already down 700 pips from last month and may continue to decline if Crude continues to appreciate.
Let's see how the dice roll....
Wednesday, July 5, 2017
USDCHF Maybe a Perfect Setup as Gold Touches Key Support
The USDCHF retreated from Key Resistance around .9675 today as Gold prepares to swing before NFP (non-Farm Payrolls) Friday. A strategic order at Key Resistance with a stop above the next key level may get the ball rolling as this pair is set for further depreciation.
Thursday, June 29, 2017
How the Fed's Position on Big Banks will Affect the Financial Sector?
Due to recent news from the Fed's stress test on big banks, $XLF is up in premarket hours. $XLF broke out above my area of Over Supply (short zone $24.57) which indicates strong bullish tendencies for this ETF. I'm expecting $24.57 to serve as key support as we may break key levels of resistance around $25.30 in the coming months.
Let's see how the dice roll...
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Wednesday, June 28, 2017
How High will the Pound Fly?
Despite current strength from the Pound, it still resides in my OVER SUPPLY (short) zone aiming at key levels of resistance. This a has been a weak week (no pun intended) for the Dollar, declining to key levels of support from Fed commentary. I'm expecting a pullback from not only the Dollar, but some resistance from the Pound as it still remains in a down trend from previous levels around 1.3030.
Let's see how the dice roll...
Monday, June 26, 2017
AUDUSD Looks Like the Perfect Setup
The Aussie started out this week bullish from last week's declines. I'm expecting further appreciation this week at the Dollar facing volatility from "Fed" commentary. The Fed seems to be divded over the current inflation status so let's see if this week commentary can steer markets in one direction.
Let's see how the dice roll....
Tuesday, June 20, 2017
GBPUSD Breaks Key Levels of Support
GBPUSD breaks key level of support as Carney signals caution for hiking rates amid political turmoil. I'm expecting further decline towards key levels of support around 1.2570ish as the bears take control of uncertainty with the Pound.
Let's see if this trend continues..
Thursday, June 15, 2017
USDJPY Battles With Key Levels of Resistance
Despite yesterday's rate hike, the Dollar still faces resistance from Trumponomics. The Dollar has been battling resistance since his incision due to his fiscal policies and expectation on a weaker dollar to compete in trade on the global market. On the flipside, the Fed has stressed in its meeting that a continous rate hike is on the board in addition to a "strategic plan" to dilute it's massive 3.4 Trillion dollar balance sheet. Yellen is expected to finish her term in Febuary so we may see the tug of war continue until then.
I'm currently eyeballing 111.25 levels of resistance until this weekend. Depending the dollar's reaction at this level, I'm will wait for a confirming candle to signal that the bears are still in control. Either way, we should have some volatility in the coming months leading into the New Year.
Let's see how the dice roll..
CADJPY Creeps Towards Key Resistance
CADJPY creeps towards key levels of resistance as crude continues to sink. This current rally is mainly attributed to Yen weakness from the Fed Rate hike yesterday. I'm expecting a pullback form 83.60 levels before further confirmation north.
Wednesday, June 14, 2017
Crude Tumbles to Session Lows as Inventory Builds
Crude tumbles to session lows after inventory data shows a build in stock indicating a glut in demand. Crude still resides below the "Golden Ratio" which is about $62.50 per barrel indicating we still have room for growth.
I attached the EIA report to this post
Tuesday, June 13, 2017
USDCAD Breaks Key Support
USDCAD just broke a key level of support around 1.3370 from CAD strength. I expecting further decline towards 1.3160 ish as the dollar struggles to find its balance.
Thursday, June 1, 2017
Acadia Realty Trust Declines with other REIT's
$AKR is a REIT in the equity trust retail sector that has been taken a hit with the other major REIT's this year. In addition, institutional holdings have decreased with sold out positions scaling above new positions. As the price currently retraced to key resistance at $27.57 (61.8% Fib), I'm expecting further depreciation as this sector is expected to see a massive downside from the retail shopping sector due to the increasing online shopping arena.
Let's see how this story will play out.
Crude Gets a Boost from Inventory Data
Crude Oil gets a boost today as U.S inventory levels fell by 8.67 MMbls on May 19-26 2017 from the API (American Petroleum Institute). Next key levels of resistance resides at $49.50 as crude continues to hover above $48 levels of support.
Let's see how the dice will roll..
Let's see how the dice will roll..
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Tuesday, May 23, 2017
CADJPY Continues its Stride
CADJPY continues its stride today after hitting monthly lows around $81ish. With Crude rallying above $51 per barrel with a consolidating "yen", we could see further appreciation with this pair leading into $83.80 levels of resistance. Amid Crude Inventories tomorrow from the EIA, we could soon see a rally north if inventory levels come in less than expected.
Let's see how the market reacts...
AUDUSD Retreats from Key Resistance
AUDUSD trades within its key channel (.7500 Resistance/.73350 Support) this month after retreating from key resistance. The last breakout above this channel was around the first of this year following U.S elections. After it current retreat, I will wait for confirmation of a weekly/daily close above this level to go long due to dollar weakness and uncertainty in U.S politics. The dollar index is currently trending below 97.50 which indicate further depreciation.
Lets see how the dice will roll...
Saturday, May 20, 2017
Sound and Rhythmic Trading
The understanding of Sound and Light in the universe and in relation to matter has a common understanding in modern day physics. Sound in essence is a form of “light” on the light spectrum. The significance of sound and it’s affects on matter is no mystery,(for the Universe itself is structured around the “Ohm” sound) for the structure of the Universe is held up by sound “Ohm”. Everything “seen” or “unseen” in the universe vibrates at a certain frequency. The slower vibrating objects are dense like a rock or a piece of wood while that “unseen” objects like sound and light have a higher frequency of vibration. These “unseen objects” in the universe are the foundation of the “seen objects” and have the ability to travel in and through denser forms of matter. For example, scientists have proven that sounds waves exist, but we are unable to see or touch sound waves. Our sense of hearing can detect the existence of sound once it touches our ears. Likewise, there are a multitude of various entities and life forms existing right before our eyes in the “unseen”, that only can be detected through extrasensory recipients.
Sound,like every other spectrum of light, consists of positive and negative forces that create a medium (channel) of rhythm for light/sound to travel. Likewise, the financial markets contain buyers and sellers (Bears/Bulls) which can be correlated with positive and negative energy. These Bears/Bulls in turn drive Price Action into rhythmic patterns on the financial marketplace. My approach of “Sound and Rhythmic Trading” is to find the pattern within the medium from the charts and use music (sonic/sound compositions) to process, dissect, and stabilize the pyscholoigical side of investing.
Everything is Energy
Energy is the ability or strength to sustain an act or activity. Markets are active due to various factors such as economic data, natural phenomena, geopolitics, human behavior, etc. Decisions are made on the electronic marketplace continuously in terms of the whether or not is time to buy, sell, or hold (a posture/position) and this ultimately determines the volatility of markets. Using a medium tool such as sound to analyze this factor is a “rational” approach in an irrational environment.
Sound energy is a form of mechanical energy when an object vibrates creating a pattern of sounds. Since all matter vibrates, a sound, whether heard or unheard, is produced which then sends a signal (or wave pattern) out in the universe. Sound is dispersed in a field of waves that create RHYTHM. Since rhythm is a repetition of patterns, it can easily synchronize with the rhythm (or pattern) of price action on the electronic marketplace.
So, What’s Practical?
Music can be used as a tool to understand and detect patterns in charts and price action while trading. Music helps you get into the “groove of the moment” which will affect what you are perceiving. Aside from music, news forecast can play a major role on your perception on current market conditions as commentaries present their opinions which can directly affect your emotions. The idea of the matter is to silence the noise and listen/find the rhythm within the charts. Music can be used as a tool or distraction depending on your ability to process price action movements.
Nevertheless, everything moves in waves or cycles…even the financial markets. Understanding this principle can facilitate the process of identifying trends, patterns, and shifts in market prices. Using sound as a tool is one of many avenues in which trading can be synchronized as more of a science and dynamics of technical analysis, sentimental analysis, fundamental analysis, and quantitative analysis embarking on a new frontier of discoveries.
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