I think we are about to experience a strong reflationary wave once again, we have crypto, commodities, equities, preparing to rally in a big way, and the Aussie-Yen forming a monster base. The setup here is to buy if price breaks out forming a larger range upside move vs the last daily true range (when measured from the last close to the upside). This would get my R.E.Signal indicator to flash a green triangle underneath the daily bar, would mean we are about to start a steady trend from here. We can define risk and set a stop not too far below, which is graphed on chart. The signal might not trigger in the next daily bar, but if it does, the price for entry and stop in this chart would be valid.
I'll update this as the chart takes form. I anticipated fireworks in my previous
SPY publication, alerting of a broad sentiment reset forming, which should prepare us mentally for another huge 'winning' wave.
The last strong trend we had was after the Pfizer vaccine announcement, when we made an absolute killing with value stocks and financials. Now we have the Merck pill announcement, potentially triggering another round of reopening optimism, setting the stage for economic recovery, the first phase of which would be reflation.
Cheers,
Ivan Labrie.
I'll update this as the chart takes form. I anticipated fireworks in my previous
SPY publication, alerting of a broad sentiment reset forming, which should prepare us mentally for another huge 'winning' wave.The last strong trend we had was after the Pfizer vaccine announcement, when we made an absolute killing with value stocks and financials. Now we have the Merck pill announcement, potentially triggering another round of reopening optimism, setting the stage for economic recovery, the first phase of which would be reflation.
Cheers,
Ivan Labrie.
Nota
Nota
Watching and waiting...s3.amazonaws.com/tradingview/snapshots/5/5Kj7Csbo.png
No signal possible yet, after today's close, we may know more.
Dagangan aktif
I didn't update this but I went long recently...for some reason the publication was now showing up in my ideas list when I went long and wanted to update it.Now
AUDUSD is bullish too: Nota
Nota
Dagangan ditutup secara manual
Dagangan aktif
Flip short: 
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.