TraderDaddyOG

03:26

TraderDaddyOG Updated 

Holding yellow support will be key here until we activate a stronger purple to break out of orange. Video says it all Stay tuned for further updates Happy Trading :) - TraderDaddyOG

01:44

TraderDaddyOG

We are currently being controlled by our white buying continuation - we rejected off the top and have sold off in our controlled selling algorithms. Today we will be opening up right on top of the bottom of this white channel and will be interested to see if this can pick up price and break out of our strong selling purple. If that happens I will add to my current...

01:49

TraderDaddyOG

Here you can see the slightest difference between orange controlled buying and magenta controlled selling - but the fact that magenta has proven control over the past 2 bounces indicates that magenta is in control and this is in fact a larger liquidity build for the bulls. Helpful to know this for all future analysis! Happy Trading :) - TraderDaddyOG

01:41

TraderDaddyOG

This is why I love swing trading - you can be in a HTF long trade while still making money on the pullbacks. Follow along for continued analysis Happy Trading :) - TraderDaddyOG

06:37

TraderDaddyOG

Yes, 48 R:R sounds crazy. How about a 54 R:R? even crazier. Watch this video to understand how this is super possible over and over again in the markets. Happy Trading :) - TraderDaddyOG

01:49

TraderDaddyOG

Love what i'm seeing here on Morgan Stanley pre=earnings next Tuesday. I want to see us continue to build liquidity in this very controlled orange selling channel where we can then find yellow to activate and bring us further up for a breakout of orange and beyond. My price target for the next few weeks is in the $99-104 range, earnings dependent. Obviously, as...

01:34

TraderDaddyOG

This is what we should see going forward if we want to continue with a healthy move up to retest orange tapered selling and beyond. Happy Trading :) - TraderDaddyOG

01:10

TraderDaddyOG

When I put out a video of this last week, the main reasoning was our sell-side tapering and clear liquidity building within our tapered orange selling channel. We are now well on our way toward a HTF breakout and have a fully bullish outlook. Happy for all who joined me on this move! Happy Trading :) - TraderDaddyOG

03:42

TraderDaddyOG

It has been a while ride on PDD this past month! Don't take your eyes off the grand prize - a breakout of our larger time frame magenta selling channel. In order to do that, we needed to build liquidity in our controlled selling channels. We have activated a stronger buying continuation channel but will need some time to prove its' control. Be patient on this...

04:30

TraderDaddyOG

We've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout. So here I am going to allow us to come back and retest white if that's what price...

01:43

TraderDaddyOG

These same algorithms have been playing out time and time again for years. We need to see our strong yellow activated to break us out of controlled selling teal but more importantly out of our controlled buying green. Green is a bull's worst enemy and although there are intra-day and smaller time frame trades to be taken within, on the HTF it is constantly being...

02:22

TraderDaddyOG

Movements to be made as soon as we decide whether we've built enough liquidity in our teal tapered selling algo or if we need to dig deeper in stronger selling magenta and find support and a more tapered blue buying continuation. Will update as price develops! Happy Trading :) - TraderDaddyOG

01:18

TraderDaddyOG

Will be looking to enter a short here if we do fail teal controlled selling and see that magenta is in control. I expect price wants to come down to at least purple buying continuation to find support for a continued move upward. Happy Trading :) - TraderDaddyOG

01:01

TraderDaddyOG

This should be helpful for anyone looking to understand further what I define as an activation of an algorithm. This candle on the hourly is a beautiful example after my video this market where I said we want to see yellow "activated". It is basically proof that price is now respecting and following that algorithm/channel and this is so important to understand...

03:13

TraderDaddyOG

This is super interesting and we could be near a great level to get in for a longer term hold. Many confluences on this one so keep this one on the list! Happy Trading :)

01:46

TraderDaddyOG

A pickup by our stronger buying continuation yellow would be very bullish. We do not want to see ourselves being guided by this very tapered green buying continuation. Stay Tuned! Happy Trading :) - TraderDaddyOG

02:00

TraderDaddyOG

I put out analysis on this trade on Friday and am still a believer in this stock longer term! Good signs on Friday off of a yellow pickup and looking to retest that more tapered blue selling algorithm before a continued activation by yellow and breakout toward the top of this daily IH&S. Stay tuned, Happy Monday, and... Happy Trading :) - TraderDaddyOG

02:11

TraderDaddyOG

I caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow. With banks announcing earnings in a little over a week, this could see us at $100 really quickly Happy Trading :) - TraderDaddyOG