top of page

Search this site

7093 results found

  • USD/ZAR. Buyers Are Showing Interest - Monday, 02 September 2024

    Real-Time: 14h45 Ticker: USD/ZAR Model Reading (M/Term, 2 to 4 weeks): " After A Downward Trend; Buyers Are Showing Interest." Previous Post (22 August) Real-Time: 18h55 Sharp bullish reversal off Monday evening's reading via the Tactical Trading Guide. Also note the change in character (large red candles to green candles with widening daily ranges). The reading from the TTG is shown on the chart. Previous Post: • REAL-TIME: 21h58 ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

  • Foretelling Friday: NFP Report and It's Impact on Gold

    This Friday, the U.S. Non-Farm Payrolls (NFP) report is poised to be a market-shaker, with expectations of a stronger-than-anticipated jobs number. The forecast is set at 120K, up from the previous 114K, and a beat could have significant implications for various assets, especially gold, which is currently at critical levels. Gold is particularly sensitive to NFP data as it directly influences market sentiment on economic health and potential monetary policy decisions. A stronger-than-expected NFP number typically signals robust economic conditions, which can lead to a stronger U.S. dollar and heightened expectations that the Federal Reserve might hold off on interest rate cuts. This scenario often pressures gold prices downward, as a stronger dollar makes gold more expensive for foreign buyers, reducing demand. However, if the NFP comes in weaker than expected, it could reignite concerns over economic growth, driving investors toward safe-haven assets like gold. In such a case, we could see gold prices rally as markets price in the likelihood of the Fed cutting rates sooner than later. As gold hovers at these critical levels, the NFP report could be the catalyst that determines whether it breaks higher or pulls back to key support levels. With gold's recent volatility, this release is one to watch closely for its potential to drive significant market moves.   We'd love to hear your thoughts on the upcoming NFP release. Visit our social media pages and participate in the poll.   1. Will NFP beat expectations and pressure gold prices? 2. Will a weaker NFP report drive gold higher? 3. Will gold find support or resistance at these critical levels?   Stay informed with Unum Trade.

  • DAX Index. Now Overbought; Reduce - Monday, 02 September 2024

    Real-Time: 13h37 Ticker: DAX Now trading higher by 1500 points (Original Post: 06 August) • REAL-TIME: 12h10 ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

  • Spot Gold: Model Reading - Monday, 02 September 2024

    • REAL-TIME - 13h22 SPOT GOLD (XAUUSD)   ABOUT THE TACTICAL TRADING GUIDE:   Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

  • FX: EUR/USD. Model Reading - Monday, 02 September 2024

    • REAL-TIME: 13h20 ABOUT THE TACTICAL TRADING GUIDE: Technology + Proprietary Insights has helped to develop automated tools and strategies that   are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from our Tactical Trading Guide (Price Action Tool) which   is also available as a live tool via the telegram group. The tool provides automated price analysis for any tradeable instrument across 3 time frames : short (short term), medium (medium term) and long (long term). Readings are subject to change , based on the development of the subsequent price action. The tool helps to determine and shed light on the some of the following: Whether the reward-to-risk is attractive for a buy/long position? Whether a share is weak or if aggressive buying is underway Whether a trader can look to buy a pullback into a key moving average (continuation trade) Whether a share needs to break a range for a new trend to be determined (bullish or bearish) Whether a traders needs to monitor for a change of character that could lead to a bullish or bearish reversal Whether a share could start a consolidation phase Whether the upward momentum is slowing (if it's in a bullish phase) Whether buyers can look to 'phase in' to a position (if it's in a bearish phase) Whether a share lacks directional bias Lester Davids Analyst: Unum Capital

  • British American Tobacco: M/T Traders Reduce Into Strength - Monday, 02 September 2024

    Real-Time: 10h53 Ticker: BTI BTI has been a profitable medium term trading opportunity for clients of Unum Capital. At current levels, the high bullish momentum conditions benefit existing shareholders however, it may also be an opportunity to reduce into strength. As re-iterated on Monday, 29 April: As discussed in December: Lester Davids Analyst: Unum Capital

  • FULL REPORT: Active Trading Plan - Monday, 02 September 2024

    To access the research report, e-mail lester@unum.co.za Lester Davids Analyst: Unum Capital

  • Strategy Alert: Bidvest - Friday, 30 August 2024

    Real-Time: 10h48 Ticker: BVT Today's price action is also in line with yesterday evening's reading via the Tactical Trading Guide. Previous Post (21-Aug) Pre-Market Ticker: BVT Yesterday's bearish reversal in BVT is in line with Monday evening's short term reading which stated that: "Aggressive buying was underway, however, traders should not chase but instead, look for an overshoot and failure to hold it's prior session highs and short/sell back to the 8-day EMA". The extract from Monday's end-of-day data set is shown below: As of yesterday's close, we saw the share print ga bearish engulfing candle. Look for a potential gap fill (lower) at R273, which is in line with the 21-day EMA. Most recently BVT provided the following opportunities for clients of Unum Capital. Lester Davids Analyst: Unum Capital

  • My Trading Notes - Friday, 30 August 2024

    Pre-Market Lester Davids Analyst: Unum Capital

  • Short Term: Most Overbought & Most Oversold - Friday, 30 August 2024

    HIGH BULLISH MOMENTUM / APPROACHING OVERBOUGHT / STRONGEST HIGH BEARISH MOMENTUM / APPROACHING OVERSOLD / WEAKEST Lester Davids Analyst: Unum Capital

  • Buyer/Seller Dominance - Friday, 30 August 2024

    DOMINANT BUYING FROM OPEN TO CLOSE DOMINANT SELLING FROM OPEN TO CLOSE Lester Davids Analyst: Unum Capital

  • European Equities: Bullish Relative Reversal - Thursday, 29 August 2024

    Real-Time: 19h39 (S/Time); U.S. Trading Session An analysis of the weekly chart notes the following: A multi-year underperformance, however, the potential for a bullish relative reversal. A false breakdown relative to US equities. It's Also Worth Noting: The region trades at a discount to the US. A price-to-earnings ratio of 15.3 and a price-to-book ratio of 2.1x U.S equities (core) trade at a premium, with P/E of 27x and a P/B of 4.8x. It terms of sector exposure, investor would be diversifying away from the richly valued technology sector (31% of the US ETF) toward financials (+19%), healthcare (+16%) and industrials (+16%). To trade/invest you will require an offshore account. Contact the Unum Capital Trading Desk to get started. e-mail: tradingdesk@unum.co.za | call: 011 384 2923 Lester Davids Analyst: Unum Capital

bottom of page