Share:

Part 1) introduction

VolatilityMarkets suggests trend-inspired trades that capitalize on market trends.

In the short term Goldman Sachs has been accelerating lower. In the long term Goldman Sachs has been decelerating higher. With the long term trend being the stronger of the two, we propose a long trade idea with a one week time horizon.

Part 2) trade idea details

Buy $ 68,304 USD of Goldman Sachs, take profit at $ 387.9577 level with 50.0% odds for a $ 999 USD gain, stop out at $ 376.7621 with 50.0% odds for a $ 1,000 USD loss through 1w time horizon.

Part 3) GS trend analysis

GS last price was $ 382.36. The long term trend decelerating higher is stronger than the short term trend accelerating lower. This trade goes long when the price was moving higher but decelerating over the past 20 days.

Part 4) GS value analysis

Over the past 20 days, the GS price increased 14 days and decreased 6 days. For every up day, there were 0.43 down days. The average return on days where the price increased is 1.1003% The average return on days where the price decreased is -0.64% Over the past 20 Days, the price has increased by 12.11% percent. Over the past 20 days, the average return per day has been 0.6055% percent.

Part 5) GS worst/best case scenario analysis

Within 1 week, our worst case scenario where we are 95% certain that this level won't trade for GS, is $ 365.7994, and the best case scenario overnight is $ 398.9206. levels outside of this range are unlikely, but still possible, to trade. We are 50% confident that $ 376.7621 could trade and that $ 387.9577 could trade. These levels are within statistical probability.

Key Takeaways:

  • Price today $ 382.36.

  • Over the past 20 days, the GS price increased 14 days and decreased 6 Days.

  • For every up day, there were 0.43 down days.

  • The average return on days where the price increased is 1.1003%.

  • The average return on days where the price decreased is -0.64%.

  • Over the past 20 Days, the price has increased by 12.11% percent.

  • Over the past 20 days, the average return per day has been 0.6055% percent.

  • Over the past 20 days, The price has on average been decelerating: $ -0.0521 per day higher.

  • Over the last session, the price decreased by $ -3.07.

  • Over the last session, the price decreased by -0.8029 %.

  • Over the last session, the price accelerated by $ 2.74.

Share: Feed news

Volatility Markets provides trend following trade ideas for momentum traders. The Volatility Markets Newswire measures the direction and acceleration of a security and then structures a trade idea to capitalize on the trend. While trends have been shown to exist in markets over the past 100 years, they are no guarantee of future asset prices. You should take these ideas lightly and at your own risk.

Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content


Follow us on Telegram

Stay updated of all the news

Join Telegram

Recommended content

Editors’ Picks

EUR/USD holds above 1.0700, eyes on Powell

EUR/USD holds above 1.0700, eyes on Powell

EUR/USD edged lower toward 1.0700 in the early European session but managed to hold above that level. As investors await speeches from ECB officials and FOMC Chairman Jerome Powell, the pair struggles to make a decisive move in either direction.

EUR/USD News

GBP/USD trades with a touching distance of 1.2000

GBP/USD trades with a touching distance of 1.2000

GBP/USD came under modest bearish pressure and touched its lowest level in a month below 1.2000 on Tuesday. The pair seems to have gone into a consolidation phase near that level with market participants awaiting FOMC Chairman Jerome Powell's speech.

GBP/USD News

Gold clings to modest daily gains above $1,870

Gold clings to modest daily gains above $1,870

Gold price clings to modest daily gains and trades above $1,870 on Tuesday. Following Monday's rally, the benchmark 10-year US Treasury bond yield stages a downward correction, allowing XAU/USD to stay in positive territory ahead of FOMC Chairman Powell's speech.

Gold News

Will Bitcoin price test $20,000 again?

Will Bitcoin price test $20,000 again?

Bitcoin price shows clear signs of distribution occurring on the four-hour chart, which indicates the possibility of a trend reversal. Moreover, BTC has been consolidating for more than two weeks with no direction in sight.

Read more

Central banks, markets and the economy: Three times wrongfooted

Central banks, markets and the economy: Three times wrongfooted

In the US, financial conditions have eased in recent months and weighed on the effectiveness of the Fed’s policy tightening. Jerome Powell recently gave the impression of not being too concerned, so markets rallied.

Read more

Forex MAJORS

Cryptocurrencies

Signatures