Trade Opportunity: Long Gold

XAU/USD (Gold) Weekly Candlesticks & Ichimoku Chart – LONG

Gold continues to break higher as the race to negative yields continues. Support is now at 1440-1450.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

 

Trade Opportunity: Sell USDCNH with a stop above high of candle

USD/CNH Daily Candlesticks & Ichimoku Chart – SHORT

Daily reversal candle on 6 Aug is an opportunity to sell with a stop above the high of the candle. A return to 6.90-6.95 is highly possible as momentum of the upmove continues to wane.

NOTE: The market has moved aggressively downwards (due to US watering down the 10% tariffs on Chinese exports) since we sent this out yesterday afternoon. The view is still valid and for those not involved yet – the plan is sell on rallies for much lower levels.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

 

Trade Opportunity: USDTRY sell rallies

USD/TRY Weekly Candlesticks & Ichimoku Chart – SHORT

USDTRY continues to grind lower and looks like it will soon test below the weekly Ichimoku cloud. Keep short and sell rallies!

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: GOOGL – Buy on dips

Alphabet (GOOGL) Weekly Candlesticks & Ichimoku Chart – LONG

Threats of regulation and fears of lofty valuations, and yet Google is testing the highs yet again. Buy on dips continue to pay well.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: EURCHF continues to bleed lower

EUR/CHF Weekly Candlesticks & Ichimoku Chart – SHORT

EUR/CHF continues to bleed lower as ECB becomes increasingly more dovish. Now trading at lows not seen since the break higher in mid 2017, a test below 1.07 seems inevitable.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: S&P500 set to make new highs

S&P500 Index Weekly Candlesticks & Ichimoku Chart – LONG

S&P500 has now broken decisively to new highs. With most of the major central banks determined to ease at any sign of economic slowdown, the march higher will likely continue for months to come.

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: EURCAD break new lows

EUR/CAD Weekly Candlesticks & Ichimoku Chart  – SHORT

EUR/CAD continues to break to new lows since late 2017. Sell on rallies is the way to go. From the weeklies, 1.38 beckons…

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: USD/TRY – Adding to shorts

USD/TRY Daily Candlesticks & Ichimoku Chart  – SHORT

If USD/TRY closes decisively below the daily ichimoku cloud, we will be looking to add to our shorts (established at the end of May) on any future retracements.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: Gold – Broken out above resistance at 1365 – 1375

XAUUSD (Gold) Weekly Candlesticks & Ichimoku Chart – LONG

Gold have broken out decisively on the weekly charts above resistance at 1365 – 1375. With most of the major central banks dovish and ready to inject stimulus, hard assets will continue to do well against fiat money. Buy on dips is the mode to be in!

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd

Trade Opportunity: Facebook – Strong close above cloud signals…

Facebook (FB) Stock Weekly Candlesticks & Ichimoku Chart – LONG

Facebook stock failed to break below the weekly Ichimoku cloud and seems to have staged a strong close above it. With 159 as the support, new highs could be reached in the weeks to come.

 

Vee, our Founder/CIO highlights patterns/formations on selected chart(s) every week which may have the potential to turn into trading opportunities. These charts are first sent out on Monday of the week to members subscribed to THE LONG & SHORT OF IT, which helps you to filter out the noise and condense only what’s important in the markets for the week ahead.

Disclaimer: The views and opinions expressed in this material do not constitute a recommendation by TrackRecord Pte. Ltd. that any particular investment, security, transaction or investment strategy is suitable for any specific person. No part of this material may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of TrackRecord Pte. Ltd