We see price fail to make new lows, then break above the key structure, create a retest and now seeing rejections with wicks and an engulfing candle. First trade of the year, let's hope it's a winner!
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
Any kind of ETF naked PUTs are my favorite at high IVR. My choice for today: ARK Fintech Innovation ETF Reasons: - high reward for Jan21 monthly expiry (mangeable with rolling) -> collecting credit - RSI is already oversold - breakeven point is far - PUT strike at 0.618 fib Max profit: $210 Probability of Profit: 89% Profit Target relative to my Buying Power:...
Simple clean price action trade, short on FX:USDSEK from resistance, target at next support.
The iShares MSCI Emerging Markets ETF is a good choice for today high IVR credit trade. High PoP, very predictable profit. Reasons: - high reward for Jan21 monthly expiry (mangeable with rolling) -> collecting credit - breakeven point is far - RSI is oversold. Max profit: $92 Probability of 50%Profit: 84% Profit Target relative to my Buying Power: 14% Req....
Dealta Airlines correction, playing out with naked put option. Reasons: - high reward for next monthly expiry (mangeable with rolling) -> collecting credit - breakeven point is far - RSI is oversold. Max profit: $92 Probability of 50%Profit: 78% Profit Target relative to my Buying Power: 16% Req. Buy Power: $558 (max loss without management before...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
Daily = Bullish 8H = Bearish 8H = Break and Retest + Fibonacci
Daily = Bearish 8H = Bearish 8H = Break and Retest + Fibonacci
Confluences: 1: Stop loss hunt at previous high on weekly level plus a breakout. 2: Price heading towards high of the June(2021) which is an important supply zone with many retail stops. 3: Price has been moving very quickly which signals an over extended market for the pair. Summary: Price is currently over extended and has been moving in a up trend for 2...
Looking at the m1, it appears to be a text book Wycoff set up. I don't usually look for this set up, but it looks like it fits the bill. Let's see if we run for the equal highs.
We se a break out of the previously held structure, followed with a retest and double bottom rejection.
Confluences: 1: Stop loss hunt at previous high on weekly chart. 2: Price heading towards high of the year(2021) which is an important supply zone with many retail stops. 3: Price has been moving very quickly which signals an over extended market for the pair Summary: Price is currently over extended and has been moving in a up trend for 2 weeks straight. We...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
If NAS100 sells begin and all green TP support sells break, I'll post a complete new analysis for this pair! Nas100 moves very fast so it could be mid week just be ready for some movement with this pair! Easy money! The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...