HS shoulder target reached. 90 pips in one day…
Sense Tomorrow's Roll Today
monthly: a long time bottom has been hit. a seven-year-long 5-3-5 correction is over…
Daily: some overhead resistance, but I think we will get over this soon. intermediate wave 3 underway…
15mins: reverse SH in formation.
add short at 1120 as planned, also reload the USD long position vs JPY and EUR
btw, if VIX data is real, then today is definitely the top…
very light positions right now in both stocks and Forex. closed quite some long postions USC tonight~ 700 pips in EUR/USD. this maybe a little early, but I do not wanna to bet on tomorrow’s GDP number…
some stock short positions get stopped again, will add short if market it 1120 region…
for those not comfortable with huge volatility, you can clear your position now. speculation for Fed’s decision will drive the market mad… It will be even more volatile after the announcement, however it’s a good time to find some bargains….
Cautious player can step in now.
if you missed this pair from 85 region, it’s still not too late. this setup will let us to 92 first…
Besides the solar sector I mentioned yesterday, another sector caught my attention today, airlines. though this sector has rallied for a while, it’s just give a good buy on the weekly base. wait for the pullback to MA and pull the trigger…
1 long USD; short EUR and JPY
2 Short US equity market in General, esp finance and housing sector;
3 long Solar sector, my favorite long positions are STP; YGE and SPWRA
4 no touch on GOLD at this price level; expect more pullback at midterm.
Bullish pick: RMBS
break out with a nice volume. buy signal on weekly chart also. if retest the neckline and bounce back, it will be a good buy.
Bearish pick: RIG
A-B-C wave correction is done and also in downtrend (lower low and lower high). Many stocks already show very similar pattern. I take RIG out since the sub-wave structure is really clear on this one.
my faith in strong USD finally get paid. no cover yet… also USD/CAD pair just break out.
btw, we will see some very similar in stock market soon.
long term top in this area. if you short yesterday when wedge was broken, already 70 pips gain. hold it on
reenter at 5.03. daily chart and weekly chart, this is a stock with great potential…
ok, closed at 5.02… no breakout i expected…
who said i only short… :)
After weeks of box consolidation, finally bulls win… P2 still in progress, can be ended anytime… still long USD and short equity…
my call on USD remains valid, still no new low yet after Nov 26.
it’s the third time ES test the 1112.25 high. If we fail again this time, it will be a very very bearish sign.
breakdown indeed. 20 pips in the pocket right now.
reenter the position at 1.5106. one more shot..
closed the position at 1.5106. very choppy here. don’t want to take risk.
OK, retest the trendline now. short at 1.5112
15min chart. wedge broken. short at retest
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