I will be watching VLO over the next few days and may enter a bullish swing trade if I like the setup. What I will be looking for is a bounce one more time off of the 100 SMA. For the most part, I usually only focus on pure price action when determining whether or not to enter a trade but when looking at the fundamentals for VLO combined with the recent pullback I...
This is a bullish swing trade I am considering entering tomorrow. I am going to watch the markets closely to see how they open tomorrow as well as the oil market. I liked the crude inventories number that came out this afternoon which I believe could help boost oil prices as well as the price of oil stocks. Whether I enter this trade or not will depend on several...
This is a bullish swing trade I am considering entering tomorrow. I am going to watch the markets closely to see how they open tomorrow as well as the oil market. I liked the crude inventories number that came out this afternoon which I believe could help boost oil prices as well as oil stocks in the near term. It looks to me like the price is at a decent support...
Well , we broke the highs in this pair. This shows that investors still think that the dip was as its called , a dip. I will be watching the first zone demarcated by the rectangle. That's the floor and should hold, if not , We are in for a rough ride.
This is another Bullish swing trade I entered on Friday. In my opinion, Exxon is just above a good support area and is due for a move higher. Exxon really hasn't recovered from the pullback it made when the overall market pulled back in early Feb. but I believe that is about to change.
This is a bullish swing trade I entered on Friday. NVDA has made a nice recovery from the recent low and is now forming a pennant pattern. I am looking for a break to the upside and depending on how strong NVDA looks I may trail my stop up rather than exiting all at my target.
This is my second bullish swing trade on NVAX in a week. The first trade ended with a small gain, I exited the trade early because earnings were the next day and I didn't want to hold through earnings.
I entered the trade later in the day on Thursday. After a big pullback early Thursday NVAX recovered nicely so I entered at $2.05. NVAX looked pretty strong on...
This is an update to my MS bullish swing trade. I was triggered into the trade on 3/14 when MS pulled back from a recent breakout. On Thursday and Friday, MS made some small gains but pulled back late in the day on Friday.
We will see what this week brings, if the market seems to be struggling I will most likely move up my stop loss to reduce my risk.
Here is a bullish swing trade that I may take if PEP moves over the next several days as I would like it to. What I see on the daily chart is a double bottom followed by a breakout of the double bottom neckline and now the price has pulled back to re-test the neckline. What I want PEP to do over the next few days is to form an S-Curve like the blue line I have...
This is a possible bullish swing trade I may enter next week depending on how TXN trades as well as how the overall markets look.
Looking at the hourly chart the 100 SMA has been providing support over the past few weeks, so we will see if that continues.
I am a little late publishing this chart, I entered the trade on Friday. NVAX has strong support at around $1.96 and has bounced there several times.
My target is $2.34 and depending on how strong NVAX looks I may just take a partial there and trail my stop behind the rest.
I am setting up a possible bullish swing trade on AAP. This is what I want AAP to do, breakout above resistance at $119.00 then pull back and re-test the old resistance which now should provide support. If AAP does breakout I will enter a limit order to buy a little above support, maybe at $119.35. If AAP does breakout I would hope to see a re-test fairly quick,...
EURUSD ON A NICE RETRACE I SEE A NICE 100 PIP DROP COMING THIS WEEK.. ILL BE LOOKING FOR AN ENTRY IN THE 15M TF BEFORE IT BREAKS OUR BLUE ZONE INDICATING DROP, AN EARLY ENTRY BUT IM CONFIDENT IT WILL GO OUR WAY.. ALWAYS REMEMBER TO TP TP TP
ON WEEKLY RESISTANCE
BREAKOUT HAS NOT RETOUCHED
FOLLOW THE SIGNS !!!!!
GBPYJPY 4H - This week, GBP moved tremendously to 750 pips. This trend is looking to continue moving up next week until .618 fib retracement. Wait until it breaks out at the channel and enter trade @139.096 and set the first target @ 141.981 and second target @148.164.
When second target is reached, start setting up your sell setup.