AMGN daily shooter long opportunity!TEVA 20.00 breakout was a huge trade, and I turn to other pharmaceutical names that I like and I find this AMGN trade!
Little risk, nice uptrend, a worth-taking trade for me yo!
Let's see how it goes!
LongInside Bar
Long
USOIL Inside 4hr after new high long opportunityI wrote some articles about inside bar after new high trade in Chinese yesterday,
and I got this little intraday trade here.
inside 4 hr breakout long@63.55 with an out at 63.40 to bet for it reaching 63.70 to got my 1st kick
let's see how it goes!
Long
Long
OLED Buy opportunity on CardsOLED
Price Just Broke the Triangle Pattern and formed an Inside Bar closer to 20EMA.
Nice 4 times reward to risk opportunity on Cards
Long
Acadia Pharma Shorting OpportunityACAD
Rising Wedge on a Bearish Trend is a classical Shorting Opportunity for Traders
Shorting on break of the Harami that formed on the Friday Close
Short
XAUUSD inside 4hr after new high, why not?In terms of inside bar after new high trade, it does rely on pure momentum, and the only indicator needed is 8EMA.
I posted 2 inside day after new high trades the day before yesterday.
They are too simple for some traders to take while they are so relentless for those who weren't able to take on the momentum train,
so the thing is, when there is a ticket, will you take it?
Indeed, the winning ratio for this kind of trade is not impressive at all, being stopped out frequently is the price of this ticket.
Also, strict execution skills like 1st kick, risk-reward stop, trailing, and greedy 1st kick are MUST before trying to get on the train.
I'm willing to take the long, while the spot of 8ema is a minus for this trade so I may lower the risk amount,
and if it breaks to the downside first, the trade doesn't exist anymore.
Let's see how it goes!
Long
SPX500 inside day after new high, why not?SPX500 had a nice start of 2018 to recover the loss from the last day of 2017,
and it gave a strong inside day after all time high.
So the question again, is it worth trading?
My answer is: why not if 25 points risk is acceptable!
if that's too much for some intraday traders, I still think the intraday long opportunities are worth taking!
The only indicator for this trade is 8ema, and it almost finished 21ema correction, too!
2700 fig resistance hasn't really tested yet, which is a minus for this trade.
While, this kind of trade implies to break following fig level itself, so I still willing to take this one!
Long
GBPJPY inside week long opportunityBoth GBPUSD and USDJPY got inside week, which makes me want to keep an eye on GBPJPY.
It's a clear uptrend so I would only want to long the breakout.
Of course, it's a weekly chart analysis that implies huge risk amount and tiny position available, so I still will focus on intraday trading opportunities after the breakout happens.
Let's see how it goes!
Long
NZDUSD inside day, multiple choices! This article can pretty much illustrate many of my trading strategies lol!
It has been so bearish on NZDUSD since August, and it bounced more than 200 pips to stand on 0.7000 again.
Here, there is an inside day yesterday, and this chart I drew can create a clear mindset for the following movement.
Whichever direction it goes, I'll have some strategies to trade.
1 is the simplest but most risky one, which relies on pure momentum to long the inside day breakout in a somewhat extended daily chart.
2 is waiting for the momentum to reach a supply zone and a bearish bat pattern to short
3 is an inside day breakdown short, with a bearish butterfly and EMA correction combination.
4 is 2618, XYAB, and demand zone long.
Among these 4 strategies, my personal preference is 3>4=2>1.
Let's see how it goes!
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ETHUSD, inside hr after new high, shall we?As I mentioned many times, inside bar after new high is one of my favorite trades.
Related ideas for BTCUSD below were classic teaching material!
My sister kept on asking me when is the best time to buy ETHUSD, to be honest, I don't really understand too much on how it works.
So what I know how to do is to treat it as a trading vehicle.
Buying at all time high seems silly , but that's how this trade works, and the only indicator needed is 8ema.
I don't have too much preference and study on whether ETHUSD worth buying, but this set-up worth trading for me!
Of course, strict stop loss and 1st kick executions are MUST for this kind of momentum trades!
Let's see how it goes!
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Long
TEVA, inside day in front of exhaustion gap!TEVA was one of my favorite company to trade back to 2014-2015, and I was so bullish on the company then based on fundamental analysis~
After I stepped in the world of technical analysis and momentum trade, the story of TEVA has totally changed, too.
There was a significant "island" formed by the exhaustion gap, and here comes an inside day.
The short is the confirmation entry and the 8/21EMA correction combination; the long, on the other hand, is not a very great idea as it's fighting with the resistance.
It's a better short than long inside day case, (compared to the relative idea below-- a both sided trade)
Again, it doesn't imply I am predicting which direction it will break at all!
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Short
WB, inside day @ 0.618 retracementThere has been crazy sector rotation these couple of days.
Most of the tech stocks and Chinese ADRs encountered a sold-off.
It's the time to choose direction and it did give an inside day for us to take our judgment.
If it's able to break to the upside, that means the 0.618 is playing as a support and it's time to long;
If it's able to break to the downside, that means the sold-off may continues and not a bad idea to follow the trend!
So let's see how it goes, and I'm more inclined to trade the breakout than the breakdown.
BTCUSD, inside day after all time high trade!Inside bar after new high is always one of my favorite trades especially when it already finished 8EMA correction.
Of course, this kind of trade will long something at an unbelievable high price, but all it wants is the momentum to bring us to the 1:1 area.
To be clear, the message of this kind of trade is "if it can break to the upside, I would like to long", rather than "I think it can break to the upside to let me long".
Never predict, recognize and participate in a trend!
Long
Inside bar party for EURUSDinside 30 trades dominated EURUSD since yesterday,
Here comes the fifth, it's still worth trading for me if it's able to break to the downside.
I did the 2nd one yesterday, nice little with-trend trade.
If it broke to the upside first, this trade doesn't exist anymore!
Never predict the direction of inside bar trades!
Let's see how it goes!
Short
XAUUSD hourly bearish gartley pattern Gold had an inside week last week, and it also has a hourly bearish gartley pattern.
This trade is pretty much a little intraday trade as overall, the gold is turning bullish gradually.
The inside week breakout may be a great confirmation of the bulls;
while before that, using the inside week high as a resistance and a hourly bearish gartley pattern intraday trade is good enough for me.
Let's see how it goes!
Short
GBPJPY 4HR bullish bat pattern and inside bar combinationThere is still 45 minutes left to close as a inside 4hr, so let's wait!
If it's able to close as a inside bar and break to the upside, it a worth trying long opportunity!
I'm happy to have 400 followers on TradingView already!
Thanks everyone for following me and I wish you a happy Thanksgiving!
Please reply me any question, opinion or suggestion on my publishing style or my trading style!
I'm more than willing to interact with my followers yo!
And if you can read Chinese, please check my Chinese version of TV, I am the 1st one to use "freestyle" as a tag, let's get some tempo lol.
Long
CVX demand zone long opportunityCVX dropped after its earning report, and it gave a inside day breakout afterward.
At the same time, the oil price rallies a lot that is very close to the important pivot.
Being bullish about oil but not willing to chase the high before the resistance, long a oil company may be an alternative.
Often times, a demand/supply zone is formed by inside bar breakout/breakdown despite the fact that they have totally different trading philosophy.
While if we missed the inside bar breakout to catch the momentum, a pull-back strategy is still better than chase the high.
Long
USDCAD XYAB Pattern and 2618 combination USDCAD has a XYAB and 2618 combination long opportunity.
The trade looks very in line with this 2 strategies, the only thing that's a minus is the weekly inside bar breakdown.
Still, in a day-trade perspective, this trade is good enough to trade!
Let's see how it goes!
Long
MTCH Inside day after new high long opportunityI don't really know too much about this company, but my sister says that all of her single friends are using their product.
Often times, a good trade comes from our daily lives!
Let's go back to the chart.
An inside day after historical new high is one of my favorite trade as there are not really much upside resistance, it's a classic momentum trade!
Let's see how it goes!
Long
Ascending Triangle- Price found support on the round number resistance 3x
- The fourth touch ended with two dojis(indecision)
- A triple formed with the doji’s (round number, trend line from ascending triangle, fib support)
- On the other side you have an HS formation with proper backup from the ema crossing
- would wait for a signal bar to enter
USDJPY Inside hr long opportunityNoticed that the non-farm payroll is on the corner, so this trade is very risky.
The intention is to getting the 1st kick before the news, trail the others, and participate the potential volatility.
* if it breaks down 114.00 first, this trade doesn't anymore.
Long
USDCHF Inside week and a potential XYAB patternUSDCHF has an inside week last week. I believe every breakout direction of inside week is important, while not every one worth trading.
Most of the time weekly chart are for mid-term to long-term analysis, not really very suitable for day trading and leverage trading with regard to time and overnight cost.
However, the bigger picture matters of course, so I still turn to weekly chart on every Monday to decide the long/short preference this week.
Here in this chart, there are 3 potential trading ideas:
1. inside week breakout
2. inside week breakdown
3. XYAB Pattern
I won't trade all of the above directly, but if it completes the trading set-up, it may pretty much influence my long/short preference.
What's more, the high and the low of the inside week are both figures, which may kind of enhance the power of the breakout although Forex doesn't regard fig levels as much as stocks.
Bottom line, I don't predict it will go which one of the 3 trades, actually I never do.
All I want to do is to "recognize a trend and participate it". Prediction has nothing to do with my trading philosophy.
GS inside day after earningsGS has a inside day after earnings, and it's one of my favorite trade!
The stock futures had a little bit plunge this afternoon as the news about Spain, while in terms of inside day, we won't be afraid of news.
What we focus on more is the direction it breaks.
If it's able to break to the upside, it means it shows great relative strength and it's still a nice long; If it breaks to the downside, then it will pretty much be a short-term trade as I am not bearish with the stocks yet.
Also, there is a potential bat pattern entry
I drew this kind of pattern several times as it can give different strategy depending on different kinds of scenario, so I have a clear mindset to deal with the unpredictable market movement.
Long