freemexy's blog
Buyers Looking To Rally To Last Month Highs
The price handle level of 0.69490 which for the has been a strong resistance level for the past approximately four weeks or thereabout, today has offered the market participants and in particular the buyers a broadway of least resistance as market speculators with one good green momentum thrust past the ceiling zone during yesterdays new york trading session.To get more news about WikiFX, you can visit wikifx official website.
Bullish market participants had been angling for this kind of price action as you can view on the chart with an ascending wedge channel pattern and higher lows formation.
A further bullish move is still expected as market participants look to test the high price handle level 0.70 which the market participants would want to take notice of since, this handle line has been the high level line for three trading months of July, August and September and probably may be for this trading month, speculatively as, it may hold as a strong supply order zone.
With such a large move up yesterday, a probable good market buy or entry will be limit orders at or near the line breaks of the channel or previous highs.
Jasper Njuguna is a self-taught discretionary financial markets trader.
With cumulative 5 years experience trading the markets and out of
which, one and a half years of that as a prop trader, trading large and
mid-cap American equities at one of the DAY TRADE THE WORLD offices.
Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.
A nice sell trade opportunity is playing out on this pair as the price action found buyers offered least resistance at minor support floor around the price handle 75.50 area. In addition, this setup has ideal technical confirmations backing up as nice trade idea supported by two confluence that may not be missed by the market participant and that is;To get more news about WikiFX, you can visit wikifx official website.
Ø On the four hour chart, the 50 moving average has hold as dynamic resistance band and you could view and bearish three step soldier pattern and interesting to note that the three green candle were exhausted elongated wicks meaning buyers were exhausted testing the up move.
Just for your interest, if you zoom out on the four hour chart, you
happen to view or may notice a wide or very elongated head and shoulder
pattern as per your preferred markings.
Bearish market speculators may be looking at the price handle level of 74.0 being the ideal profit target zone.
Of course, ones discretion and risk management is advised.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.
Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.
Look For Sell Opportunity
Market speculators may be setting up for a nice sell setup and sell-off run today as we view a head and shoulder pattern clearly playing out inside an ascending channel and a nice clean retest of the neckline.To get more news about WikiFX, you can visit wikifx official website.
Current price action and structure is below the 50 moving average with the band holding of now twice, and acting as nice technical confluence for bearish trade setup confirmation especially for near on point entry and risk management on risk:reward scenarios during and at closing of todays Asian trading session and at the start of London trading session.
Previous demand zone levels block between price handle level 104.385
and price handle 104.0 may be on sights for sellers profit target zone
and in the interim, price handle level of 104.8 may portend to be short
target bet.
Of course, ones discretion and risk management is advised.
Jasper Njuguna is a self-taught discretionary financial markets trader. With cumulative 5 years experience trading the markets and out of which, one and a half years of that as a prop trader, trading large and mid-cap American equities at one of the DAY TRADE THE WORLD offices.
Prior to switching career interest to trading, I have 9 years of experience in senior management roles driving small to large business development and B2B relations in creating and implementing; learning & development solutions, programs, organizational strategies & frameworks, and blended learning approaches for companies and institutions in Africa.
Bearish Bets In The Offing
After quite some good bull run, we
are likely also to see a short term sell-off in the coming days or weeks
as we see buyers seemingly facing exhaustion at this point based on
chart readings. Interestingly, general market sentiments for this pair
are that market participants are holding net long positions. And, buyers
are facing resistance at previous respected supply zone area.To get
more news about WikiFX, you can visit wikifx official website.
To have a look at this pair in longer term view, on the 6 day chart,
we see there was a false breakout past the 200 moving average as price
not only juggling between the band but last week trading session candle
conclusively opened and closed below the now dynamic resistance band.
Going down to smaller timeframes of both the 4 day chart and the
daily chart, the price action structure is drawing out a head and
shoulder pattern formation at this point confirming our bearish trade
idea going forward.
Market speculators may be interested in my
technical analysis that I viewed on the daily chart below, is that, the
trend line that I drew connecting the previous highs on the 6 day chart
above, and when you switch to the daily chart, not only do you see this
technical line tested once but twice and, the Friday trading session
candle traded below this line!
Jasper Njuguna is a self-taught
discretionary financial markets trader. With cumulative 5 years’
experience trading the markets and out of which, one and a half years of
that as a prop trader, trading large and mid-cap American equities at
one of the DAY TRADE THE WORLD offices.
Prior to switching career
interest to trading, I have 9 years of experience in senior management
roles driving small to large business development and B2B relations in
creating and implementing; learning & development solutions,
programs, organizational strategies & frameworks, and blended
learning approaches for companies and institutions in Africa.
Weekly Focus on the US Dollar Index
The US dollar showed its financial Strength last week, consequently ending a two-week losing streak.To get more news about WikiFX, you can visit wikifx official website.
Adding 0.7 percent, buyers navigated from daily demand at 92.71/93.14
at the beginning of the week and eventually revisited a daily trendline
formation (102.99), a level linked with a small area of daily supply at
94.08/93.84. Traders will also note the RSI oscillator is seen closing
in on trendline resistance (prior support).
Bringing down the aforesaid resistances this week establishes a basis
for buyers to target daily resistance from 94.65 and even the
longer-term daily resistance level at 95.83.
With respect to the
200-day simple moving average, circling 96.84, the dynamic value
continues to curve lower, two years after mostly drifting higher.
In the context of trend, previous research highlighted the following:
· A large-scale pullback since March 2008 from 70.70 is seen on the monthly timeframe (primary trend is considered south).
· The daily timeframes immediate trend has also faced lower since
March 2020. Breaking the noted resistances this week, however, suggests a
deeper pullback could be in the offing.August, as you can see, toppled
supply from 1.1857/1.1352 and extended space north of long-term
trendline resistance (1.6038), arguing additional upside may eventually
be on the horizon, targeting trendline resistance (prior support –
1.1641).
Before seeking higher territory, a dip to the recently
penetrated trendline resistance (support) could materialise, backed by
Septembers monthly outside bearish reversal candle that snapped a
four-month winning streak.
The primary downtrend (since July 2008) remains intact until 1.2555 is engulfed (Feb 1 high [2018]).
The Shanghai gauge dropped 1.1 percent to 2,651.79, below its January 2016 bottom. Back then, officials had just introduced and then hastily scrapped a disastrous circuit-breaker program as they grappled with one of the market’s worst-ever routs.
Trade tensions with the US are exacerbating investor concern. With President Donald Trump telling aides to proceed with additional tariffs on Chinese products, the Chinese government is considering declining an offer of talks, according to a Wall Street Journal report, which cited officials with knowledge of the discussions.It’s hard to buy Chinese stocks even if they sell down" given the trade war and weak company fundamentals, said Toshihiko Takamoto, a Singapore-based money manager at Asset Management One. "Even if the valuation gets cheaper, there’s a reason for that. It’s hard to find factors that would spark a sharp rebound."
A weaker yuan also makes the nation’s shares less attractive. China’s currency has fallen almost 7 percent since the end of March amid speculation the government was trying to counter the impact of U.S. tariffs.This year’s hefty declines -- the Shanghai gauge is down 20 percent in 2018 -- ends a period of relative stability for the stock market that began with the appointment of Liu Shiyu as the top securities regulator in early 2016 after his predecessor Xiao Gang was blamed for the crash. Under Liu, the stock index climbed 32 percent from the end of February 2016 though its high in January this year.
The latest plunge in Chinese equities will likely increase the appeal of other speculative assets such as property, undermining the government’s efforts to make the stock market a steady base for companies to raise funds.
"Delta is committed to continuously investing to improve customers' on-the-ground and in-flight experience," said Wong Hong, Delta's President ¨C Greater China and Singapore. "This move is part of our broader strategy to collaborate with China Eastern to better address the growing needs of the U.S.-China market."
Delta customers departing from and arriving to Shanghai-Pudong will enjoy fast and seamless customs procedures, connections and boarding at S1. Check-in will take place at Terminal 1 with mass rapid transit system transfer to S1 around the clock. Customers will also enjoy shopping, dining and entertainment inside the satellite terminal building. China Eastern's new VIP lounges at S1 will be open to Delta One customers and SkyMiles Diamond, Platinum or Gold Medallion members. Moreover, Delta flights arriving at S1 can now park at the gate, so travelers no longer need to bother with remote parking, air stairs or bussing.
Delta operates nonstop daily flights between Shanghai Pudong Airport and four major U.S. gateways, including Detroit, Seattle, Los Angeles and Atlanta. Delta's partnership with China Eastern also gives customers access to over 1,350 codeshare domestic flights per week to more than 40 cities across China. By collocating at S1, Delta and China Eastern will give customers new convenience in both international and domestic connections.
Meanwhile, Delta service from Pudong to Atlanta will transition to the newly retrofitted B777 by early December. By then, all Delta service between Shanghai and the U.S. will be operated by the flagship A350, the new A330-900neo and retrofitted B777, all of which are equipped with next-generation Delta One suite and Delta Premium Select cabins.
The new satellite terminal building, known as S1 and S2, covers 620,000 square meters and is the largest structure of its kind in the world. The sprawling H-shaped terminal has 90 boarding bridges and connects with Terminals 1 and 2 easily via the mass transit system. With the opening of the new satellite terminal, the Shanghai Pudong Airport has the capacity to handle 80 million passengers annually.
Like its predecessor, it also offers a great lunch deal. The restaurant was doing a strong noontime business on my two recent visits, drawing in largely Chinese students and a handful of others for its $9.95 bento box lunch specials.
The 22 choices offer lots of variety, everything from pan-fried pork intestine to General Tso’s chicken. There are also seafood, beef and vegetarian items.The meals come with soup, rice, and a choice between ox tongue and tripe with chili sauce and steamed chicken with chili oil sauce. The chicken had an off-putting taste and smell, and the fat and skin wasn’t cut off. The menu calls it white meat, but it was dark.
Of the four soups, I’ve tried the wonton and egg drop. Both broths were thin on flavor, and with the egg drop soup you could practically taste the cornstarch. The wonton soup’s dumplings redeemed it, but next time I’ll go for the spicy and sour soup or the seafood soup.Seaweed salad was also promised on the menu, but isn’t available. A manager translating for the new owner said that’s a menu mistake. The menu is written in Chinese and English, and the English descriptions can be flawed because most customers are Chinese so they don’t ask about them, she said.
When I opted out of both the tongue and chicken on my second lunch visit, my server offered me a vegetable spring roll, on the menu for $3.95 for two. It was OK, but bland, the vegetable matter inside blending into mush. At least it had a delicate, crisp shell, instead of a doughy one. A bowl of sweet and sour sauce on the side helped.
On my first visit, the four-compartment box came with three fried pork dumplings that were crisp and not greasy.In terms of the main course, I had the best luck with the fish filet with “pickle pepper.” The fish was steamed and served in chunks, which fortunately weren’t breaded. My dining partner said it “melted in her mouth.”Our server told me it was flounder, and it reminded me of the excellent flounder at Asian Sweet Bakery on Park Street. Pickling the chili peppers toned down their heat and gave the dish a slightly sour quality. Thinly-sliced ginger and onions added flavor.
The sesame chicken featured mostly bite-sized pieces of breaded chicken. The sauce had a slight sweetness, which I enjoyed, and the broccoli underneath was saturated in sauce. Sesame seeds on top added visual appeal. A third meal, an oily eggplant with chili sauce, needed more seasoning, despite its chunks of garlic. All three meals were generous and filling.Servers didn’t tell us about the dessert bar in the back room, so it would be a good idea to advertise that fact on the menu. It’s included with all meals and features fortune cookies, almond cookies and less familiar butterfly cookies. Two flavors of Jello, orange slices and not-quite-ripe cantaloupe are also usually available. I left with a renewed interest in almond cookies.
Soga Shabu Shabu was in the same spot on the 500 block for about a year after moving from a second floor location across the street.New owner Ying Xiong Wu, who cooks and manages the kitchen, got into the restaurant business through his best friend, Jin Chen, who with his wife, Aichan “Wendy” Weng, owns and operates Dragon I and Poke Plus & Teriyaki, both on State Street, and Ichiban on Park Street.
Ying, Jin and Aichan are from the southeastern Chinese city of Fuzhou, the capital of China’s Fujian province. The former owner is also from Fuzhou, but the two parties didn’t know each other before the sale.Aichen is helping to run Taste of Sichuan, even though she’s busy with her own restaurants. She spoke for Ying, who doesn’t speak English.
Ying didn’t make any changes to the space, as far as I can tell. For more privacy and quiet, diners can sit in the back room, which has the same roomy red booths as the bright, lively main room.A TV in the front was broadcasting a soap opera with closed captioning and thankfully no sound. American pop music played softly in the background, commercials and all, thanks to local station Magic 98.Ying inherited the food photos and artwork from the former owner. These include generic lighthouse and landscape canvases, as well as scenes of the Capitol and Lambeau Field.
The same location housed the casual pizza and pasta restaurant Mia Za’s for 10 years. When it comes to Chinese food on State Street, there’s a lot of competition, and Taste of Sichuan is in the thick of it.“It’s very hard because so many restaurants open,” Aichan said. “I don’t understand why everyone wants to open a business on State Street for Chinese food right now. It’s almost like China Town.
Results from the previously published, multicenter, randomized, placebo-controlled, 16-week Pulmonary Arterial Hypertension and Response to Tadalafil (PHIRST) study linked treatment with tadalafil 40 mg (Adcirca, Lilly) — the highest of four doses evaluated — to significantly improved 6-minute walk distance, time to clinical worsening and quality of life.
To evaluate the long-term safety and durability of efficacy of tadalafil in patients with pulmonary arterial hypertension, researchers conducted PHIRST-2 — a double blind, uncontrolled extension study in which patients were randomly assigned to receive once-daily tadalafil 20 mg (n=63) or 40 mg (n=294) for an additional 52 weeks.
Patients who received tadalafil 20 mg or 40 mg in both PHIRST and PHIRST-2 maintained improvements in 6-minute walk distances achieved during PHIRST (406 m and 413 m, respectively) at the conclusion of the extension study (415 m and 410 m, respectively). Those previously receiving lower doses or placebo during PHIRST, however, did not experience a similar level of improvement.
A higher proportion of patients receiving tadalafil 20 mg experienced WHO functional class deterioration when compared with those assigned tadalafil 40 mg (9% vs. 6
.Post-hoc analyses associated background bosentan (Tracleer, Actelion) use and higher 6-minute walk distance at PHIRST baseline with fewer clinical worsening events.
Safety profiles from both PHIRST and PHIRST-2 were comparable, according to the study results. Ninety-two percent of patients experienced at least one treatment-emergent adverse event during PHIRST-2, 49% of which may have been drug-related. Most adverse events, however, were mild to moderate in intensity and did not result in study discontinuation.
“These data demonstrate that the long-term safety profile of tadalafil appears similar to that in the 16-week PHIRST study and that treatment for up to 68 weeks appears safe and well tolerated,” the researchers wrote. “For patients receiving [tadalafil 20 mg] or [tadalafil 40 mg], the short-term improvements in exercise capacity observed in PHIRST appeared to be maintained for an additional 52 weeks in PHIRST-2.”
Cialis is a phosphodiesterase type 5 inhibitor approved by the Food and Drug Administration (FDA) for erectile dysfunction (ED), the signs and symptoms of benign prostatic hyperplasia (BPH) and both ED and the signs and symptoms of BPH (ED+BPH).
"PDE5 inhibitors are highly effective for most men when taken as-needed, but responses can range from minimal change to a return to normal erectile function," said Dr. Edward D. Kim, MD, of the Division of Urology, Department of Surgery, University of Tennessee Graduate School of Medicine and lead author of the study. "We believe the study outcome will help prescribers make better informed decisions when treating their patients."
It is important to note that Cialis is not to be taken with medicines called "nitrates" such as isosorbide dinitrate or isosorbide mononitrate which are often prescribed for chest pain; or with recreational drugs called "poppers" like amyl or butyl nitrite, as the combination may cause an unsafe drop in blood pressure; or if allergic to Cialis or Adcirca® (tadalafil), or any of its ingredients. Anyone who experiences any symptoms of an allergic reaction, such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, should call a healthcare provider or get help right away.
The randomized, double-blind, parallel, placebo-controlled trial was conducted in 51 sites in the United States and Canada. The study enrolled men with ED aged 18 years and older who had some response (IIEF-EF > /= 17) but were unable to reach normal erectile function (IIEF-EF < 26) while on a maximum dose of an as-needed PDE5 inhibitor treatment. The study assessed whether Cialis for once daily use is superior to placebo in returning these men to normal erectile function. A total of 623 subjects were randomly assigned to receive treatment with Cialis for once daily use or placebo.
The primary objective was to determine whether a significantly greater percentage of incomplete responders had a return to normal erectile function when treated with tadalafil 2.5 titrated to 5 mg and 5 mg once daily compared to placebo. The key secondary objective was evaluation of the efficacy of tadalafil 2.5 titrated to 5 mg and 5 mg once daily compared to placebo, as measured by change from baseline to endpoint in IIEF-EF.
The International Index of Erectile Function-Erectile Function Domain (IIEF-EF) is a questionnaire evaluating sexual function where higher scores indicate better erectile function.
