Perfect Last Minute Valentines Day Gifts

So Valentine's Day is drawing nearer and I know some of  you might be new at this holiday and you've procrastinated about buying your Valentine a gift. For those of you who have actually planned ahead you might see something you like so you should read it too.

If you plan on going out to a movie or dinner on Valentine's Day these Christian Dior Loafers might be the perfect gift to give to your guy.

They can be found at select Christian Dior Boutiques. Check their website for more details. 

If your guy isn't in to fashion then at least buy him something that makes him smell like he is. Why not go to dinner and a movie with a guy that smells like a french hotel? Prada has the perfect cologne for that.

 Prada's Luna Rossa Extreme is the way to go. This fragrance can be found at most major fashion retailers and on the Prada website.  

Now we all know that Valentine's Day is really about girls so let's talk about them for a minute. 

If you want to look like you actually spent time on getting your Valentine a present try buying her some clothes. This shirt could get you lucky if its her style and she likes the color blue. 

This is the "Ejustere" Viscose Blouse by BOSS Orange of Hugo Boss. The sheer blouse has mesh shoulders and opaque pleated chest pockets. Perfect for a Valentine's Day Date or just a nice day out. This shirt is available on the Hugo Boss website. 

If you want to get your lucky lady a gift that will make almost any girl eat your Valentine's chocolate then try this new Perfect Zip Hoodie from Pink of Victoria's Secret.

 This super comfy hoodie is must-have length and cute slim fit. Made of super soft fleece this will be sure to keep her warm enough for cuddling. You can find this hoodie on the Victoria Secret website.

Good luck to you if you haven't already bought your 50 Shades of Grey tickets and your Steak House reservations.

US Equities Watchlist

Today was an interesting day in the markets and I want to take the time to go over a few stocks for my readers who are looking for some opportunities in the markets as the end of the year looms and the mad dash to lock in profits before the year is over is upon us.

AMAG Pharmaceuticals Inc. (AMAG):
This stock gave us a nice gap up to start the month and has recently filled the gap at the end of last week and finishing the fill today. Below we have a 60min chart which shows us that the stock found new highs and slowly fell over a course of 2 weeks back down to where the gap originated from, 29.95. From here I see the stock rebounding so this looks like a great support area to test and buy from. From this support we want to see the price reach above the most recent highs around 33.00 for a breakout to and a continuation of its uptrend. If this doesn't happen then I'll be looking to short the stock around 31.50 back down to 30.00 and from there 25.00 to fill the previous gap from September 26 mentioned in one of my earlier posts.

Alibaba (BABA): 

This pair has been giving retail traders and investors the trading test of the decade lol. This stock has been hella volatile and looks like its being manipulated by big bank traders and other institutional traders. From our chart below we can observe its path of vicious whiplashes day-in and day-out. 

 From this view we can see that the stock has broken its support and Friday (10/10) showed us the market rejected it when it tried to return home at 88.00. From here we can assume that this stock will be pushed lower as it's making lower lows and 86.00 looks like the spot to sell from. 

Citigroup Inc. (C):

The banks stock has taken a similar route as BABA, where the price has fallen out of last weeks range and now has broken its support at 51.00 and now is rejecting that price and using it as resistance. From here I see the price following the lower level trendline where we should see the price reach 49.50. 

 To keep up we probably need to get our sell order in around 50.50 and if we can't catch it there we'll wait for lower lows and catch it out of the gate around 49.75. 

Lakeland Industries Inc. (LAKE): 

LoL; This might be the easiest stock of them all. Buy at around 22.00. 

That's it.

You can listen to the news if you want but remember this; newspaper columnist and tv news reporters are not financial professionals. They get paid to write and talk. 

SodaStream International LTD. (SODA):

This stock may be lower than usual recently but that has nothing to do with the reality of business. Companies with tangible products that have proven to be money makers do not go out of business and disappear. More likely they get bought by bigger companies which can benefit from the transaction and usually save the struggling company. This pair is showing a classic opportunity where bigger institutions and companies help to degrade the price of a stock and then buy it all up under the radar. 

From the chart above we can see the beautiful gap that;'s going to get filled and it's our job to be right there when it does. From this min chart we can observe the test of the price 20  two times and the consolidation which is a sign that big traders are not shorting this stock, little (dumb) money is. Additionally peep the rising RSI trend-line. 

YUM Brands Inc (YUM):

Posting lower lows today. Only one thing to do here, Sell Sell Sell. I was in TacoBell yesterday and realized they didn't have one of those new Coke machines that lets you make your own flavor of soda, maybe that's the reason for all the selling (lol). Whatever it is, let's be technical in our approach to selling this stock. 

From this 15min chart we can see why I say sell. I would be looking for a short around 68.90 which was support from last-week that was broken today. We need to see if this level will hols as resistance as bearish traders take the price lower. Be cautious, who wants to be caught in the middle of some hedge fund's limit-buy-order all of sudden; so keep your Stop/Loss tight. 

Chic Shoes That Won't Hurt

So This week I clocked some dollars and manage to pull profits out of my NZDUSD trade and now I want to go shopping. But here's the problem. I can't decide on what I want to buy but the good news is that I've kind of narrowed it down. So I know I want sneakers and some polo shirts. Now I only wear Hugo Boss and Ralph Lauren shirts but my shoes can generally come from anywhere. SO I've piecked out a few different pairs of shoes and shirts and I want you all to tell which you like best of the options. Be sure to leave a comment on what you think and suggest!!
First up are shirts:
Hugo Boss Long Sleeved

Ralph Lauren Long Sleeved 

I personally like color in the colder months but the chicness of neutral colors sings to me in the most beautiful depressing voice. 

Ralph Lauren  Short Sleeved                                          

Hugo Boss Short Sleeved 

Again, I can't decide from the sleek neutral European look or the colorful American Style. Well next up we have sneakers. This should be Fun!! 

Buscemi  

Bottega Veneta

Bally

I can't even start to choose between these sneakers as they are all my favorite. Please help =( lol.

Playing chicken with a Mack Truck

So the ECB decided to take it upon themselves to drop the Federal deposit rate to .05%. This sucks because now there is essentially no insintive to own any EUROs. We American traders should be looking at Europe with a predator's focus. After the initial slaughter of the the EUR/USD there will probably be a host of carry traders lining up to buy those poorly paying euros in exchange for some higher yielding currencies like the AUD or NZD. The USD has a poor federal funds rate as well but not nearly as pitiful as Europe's so we should see some methodical purchasing from the international client having banks soon. If you've been following my recent posts you should ultimately be profitable from my suggestion to short any EURUSD pop ups. Fly balls look like home runs until the ball starts to fall and you see just how far the fence really is. 

On another note, I went H.A.M on Tuesday and placed about 7 orders. I shorted NZDUSD @ .833 & USDCAD @ 1.09. Canadian traders took my out for a gain of 50 pips and my friends in New Zealand are earning me money with about 22 pips on my belt buckle. AUDUSD and GBPUSD have been on my radar and I won't tell you how or why until they tell me what I want to hear. 

GOING H.A.M.

So tonight I loaded up on orders because I've been on the sideline waiting for a few pairs to decide what they ultimately want and it seems as if they've made they're decisions. I'm not going to tell just what orders I've sent because I feel like we still have a lot to do to turn this EURUSD long trade into some profits. So far I've been shorting the pops in the pair but in between my large Lon position I've been building since price was around 1.33. As of tonight the price is around 1.313 just 20 pips away from our 1.315 support price and well into the support zone which bottoms out at 1.31. These levels represent a 61.8% retracement level from the 2014 highs. I'm bullish on this pair but it'll take some time before the price can support higher offers. The lower bids are drying up and daily candles are becoming doji designs for the retail traders to try and figure out.

For now I'm looking towards GBP, NZD, JPY and CAD for near term action with Canadian and Japanese monies capturing my preference for trading. Tomorrow iff one of my orders is taken, will I reveal all of the orders I placed today. 

EURUSD SWINGING

So it's been about a week & a half and the EURUSD has been steadily declining but meeting some support around 1.336 as seen in the picture below. Interestingly enough we anticipated a spike up towards 1.35 but happy to see the momentum ended around 1.345 as also seen in the figure below.

Now the most important thing to remember at this point of the stalking/pre-trade of our 1.33 BUY. As of now we are 69.2 pips away from our entry target. 1.345 will be tested again so one could consider that price as a potential level to sell for a 150 pip gain towards 1.33; 1.35 can be used as the S/L for this set up. That gives you a 1:3, RISK:REWARD ratio trade with a 150 pip profit target seagwaying into you're big boy trade the 1:33 BUY. So let's what the rest of the week brings and trade hard. I'm in PA btw. 

Low Volatility = Swing Trades Pt. 1.6

On this beautiful Wednesday we await the U.S. Feds Rate Statement. My original assessment of the $EURUSD pair stated that we should see its price drop to around the 1.33 level by earlier this week, Monday or Tuesday. Obviously we are running behind schedule but not by much. Price currently stands at 1.33780, exactly 78 pips from our entry target. PLEASE BE PATIENT, because this isn't a support level nor was it ever a resistance level. Don't let the fed news spook you out of profitable positions and don't let the institutional traders entice you to trade with them. Instead let the market reaction either carry you to your destination (1.33) or provide you with an opportunity to relive the most recent market move down (from 1.35). Sell the pops at intra-day resistance levels and buy the dips around and below 1.33. 

The pair is still in its 46 pip daily range so a move to 1.33 from 1.33780 should take us all of 2 days to complete lol. 

Stay local for PT. 2 of this adventure, Low-Volatility= Swing Trades, for the next step to profiting from the $EURUSD and the upcoming news & events. 

Also be sure to check out www.tradingtheyen.com/blog, my new blog, for the best news, entertainment and commentary in finance. 

Low-Volatility - Swing Trades Pt. 1.3

So it's clear that today showed a lot of indecision in the EUR/USD. The pair stayed in a tight range all day but still below the 1.35 support that was broken yesterday. All the haters looking to fade the breakdown are about to be shaken out by the pros as they cause the maket to move sideways and erratic until the path is clear to either drop further or reverse and start marching up. As the buyers of 1.35 panic and start buying more to average their already losing poisons.. I mean positions, or they sell to get out of their losers, they'll push the mRket down lower and the institutions will most likely be really happy to take the orders. I'd sit on the sideline until the LONDON session to watch for bids towards the broken support to clean up lingering orders and to see if they might want to save everybody some time and just drop the pair a hundred pips or so to cause a free-fall. None-the-less be attentive tomorrow as today wasn't easy or helpful like yesterday and we might see some action that could really shift the market. 

PS: AT THE END OF THE WEEK I'LL BE ANNOUNCING SOME AWESOME NEWS SO TUNE IN FOLKS!! 

Low Volatility- Swing Trades Pt.1.2

So the EUR/USD broke the 1.35 level today as I expected it to and as I wrote about yesterday. From here you can sell the pair down to the 1.33 level while watching for support buyers that can make the pair suddenly pop during the more volatile times of trade (US and LONDON sessions). This will provide you with trend riding trades all week until we reach our 1.33 entry at which we should stalk the price to confirm the support and watch the market makers shake out the amateurs trying to pick bottoms with the hopes of a sudden reverse; Which I might add is not likely to happen in 1 session or even 2. So stay tuned!!

 

Low Volatility= Swing Trades pt1: Before the Trade

In these times of low volatility and ranging markets in the Forex markets (outside of the recent GBP strength) we are presented with a great opportunity to create beautiful swing positions  in the some currency pairs! As some of us may know, volatility refers to the amount of uncertainty or risk about the size of changes in a security's value. A higher volatility means that a security's value can potentially be spread out over a larger range of values. This means that the price of the security can change dramatically over a short time period in either direction. A lower volatility means that a security's value does not fluctuate dramatically, but changes in value at a steady pace over a period of time. Thanks Investopedia lol. So basically swing positions need low volatility to perform optimally. This is because they depend on time market participants to cohesively move the instrument lower steadily as to not touch stop-loss orders and trailing stops. Dramatic price swings in volatile markets reach to touch these orders which upsets the entire position. 

PAIR AVAILABLE FOR SWING TRADE:

EUR/USD is the perfect pair to stalk for the next week or two because it's been loosing lots of volume and volatility moving towards it's 2014 low. As of now the pair is testing it's previous price of 1.35 which was most recently supported Friday (July 18) and before that June 5. Right now the pair's RSI on a daily chart shows bullish divergence from May 28th where price was 1.35864 and the RSI was at 27.1. Most recently (July 18th) the price has moved lower to 1.34903 with a higher RSI of 36.55!! This gives me the impression price wants to move higher but the pair isn't trading in that fashion which tells us to wait a bit. 

From 1.2744 the pair has seen a high of 1.39928 which is now the swing high.  The price 1.35 is around the 38.2% retracement of this swing while 1.33 is the nearest round price to the 50% retracement of this swing. With the 50% Fibonacci level being the most often tested price level along with the lack of upward momentum off 1.35, leads me to believe there's more room to the downside for this pair. 

The ATR is around 43 pips daily which we can say will lead us to our entry target at 1.33 by the end of the week or the beginning of next week. By the 28th of July the ascend towards 1.38 should begin. 

      1.38 is our most recent resistance  which was support for the upswing in April and May. Our first target should be reached by around August 11th or 12 days or so. Our next target of 1.400 (just above our swing high looking for new high) should be reached around 5 trading days later which would be around August 18th.

 

#  Beware of Wednesday July 30th as the US Fed. Bank announced it's fed fund rate. I think you know how important this is so try to already be locked into profits (at least +43 pip). By now price could be around 1.34 and if price retraces to 1.33 and holds I would look for an opportunity to increase my position size.

#  The next day to fear is Wednesday August 6 when the ECB announces it's EURO minimum bid rate which essentially the same as what the US fed bank will be doing in July. On this day you can look for a pull back to a previous resistance that may turn into a new support for another opportunity to increase your position size.  

With an entry of 1.33 we can safely set our stop/loss at 1.32 or -100 pips. From a 4-hour chart  view we can see the last downtrend from September 2013 was the next resistance level on the 4th and 5th which can now act as our 1.33 buy support on our way up this 2014 August. [That's almost perfect market symmetry, off by maybe 20 days lol.] Below 1.32 the next support we can assume is 1.28 which would disrupt any risk tolerant trades. From 1.33 to our target 1.40 we are pretending a 700 pip profit. From 1.33 to the next EXTREME support 1.28 we pretend to assume a 500 pip loss. Even if we took this trade our risk reward:ratio would be 1:1.4. Our trade isn't so risky as we are setting our stop/loss -100 pips away. That gives our trade a 1:7 risk:reward ratio, WITH confluence in indicators and price & volume. 

With respect to the law don't copy this idea lose money and try to blame it on me. If I trade this plan I'll make money because I know my strategies and plans. If you want to trade and make analysis like me let me know. And don't say I never gave you any ideas.  

PS: IM IN FLORIDA RIGHT NOW