fallingumbrellaman

fallingumbrellaman

My plan is to enter a normal sized position on a strong break of the diagonal trendline and then go balls deep if the inverted head and shoulder is broken on a daily close. I think this is ready to go and might even be Monday gap up over that trendline. I will buy that if price stays there above the trendline for at least an hour. Notice that Friday was an inside...

fallingumbrellaman

Nice years long consolidation resolving on the weekly chart for $KO. This name pretty much only goes up over the years but is not explosive like some of our other favorite names. Buy shares or buy a lot of time on the options contracts and let this one ride till the end of the year and beyond if you have a longer-term investment horizon. Kind of a no brainer.

fallingumbrellaman

Confirmed weekly breakout incoming. Silver has broken a major trendline on high volume and looks to go higher.

fallingumbrellaman

Retesting triangle breakout point. History may repeat here. I will get out quick if we trade back above 61.25. Have a good day all.

03:14

fallingumbrellaman

Hey team, follow up to last weeks "this is going HIGHER video!" If you look back through my posts, you'll see my calls are often wrong at the right exact time hahaha!(See my TLT post LOL). This allows me to get out quick when it quickly becomes apparent that I traded in the wrong direction. Also it gives the opportunity to take the other side. Hope you all have a...

fallingumbrellaman

Bonds down rates up that's the way I like to f***! Lots of little patterns playing out here. Nothing is ever written in stone in this game so cut those losses. I personally need to set stop loss orders or tend to break my own rules LOL. Good luck.

01:11

fallingumbrellaman

Clear buy point here based on Friday's action. We defended our lower trend line after looking like we might break down and also got back above the 200 EMA with authority!! Appears to me that this is a no brainer buy signal and confirmation that we should be focusing on buying calls (if you're into that sort of thing) as opposed to puts. As always, cut then losses!

fallingumbrellaman

On Friday we had solid confirmation of reversal to the upside and continuation of the upward trend that we've been seeing since January. We are above the 200 EMA and look to be headed towards $170 in the weeks to come. I am long here and would know I was wrong if price closes back below $144. Remember to cut them losses!

02:05

fallingumbrellaman

I use a really simple bollinger bands mean reversion strategy when the market conditions are right. I keep my risk low by trading small and cutting losses.

04:43

fallingumbrellaman

I don't often play agg futures but this opportunity sticks out to me and I couldn't resist.

fallingumbrellaman

Bear pattern after pattern after pattern. This one that has been consolidating for a few months looks pretty ripe given the overall market.

fallingumbrellaman

What a crash. Coming up on major support here around $97. The break below $100 is hella bearish on real terms and psychologically, but the day is not over, and we could easily still rebound by the end of today although I am not expecting that. We are so deeply below the moving average I am looking for a sign of a reversal. Need to see heavy volume.

fallingumbrellaman

Another bear flag thingy broke on ES SPY. My target is 3575ish (last major low). Have a great day!

01:38

fallingumbrellaman

These dollarz are hot right not. I see no real indication of a downturn, in fact I see us exploding even higher.

02:04

fallingumbrellaman

Quick look at ES from weekly to hourly. In summary I think we gotta test the previous lows around 3570 before we have any sort of real rebound.

fallingumbrellaman

$SPY buyers got left on a little island and are now marooned.

01:21

fallingumbrellaman

Faceplace is really getting it in this bear market. After looking like it might finally rebound, we are seeing a clear indication of a bearish consolidation pattern which can be used to initiate short positions and limit risk. Even though this looks golden, I do not pretend to know what is going to happen, so I always cut losses when positions move against me.

02:20

fallingumbrellaman

Showing you all exactly how I trade and what I look for.