AMEX:VXX , derivative on CBOE:VIX index suggests that we are in good spot to buy some protection. Market participants are very optimistic in recent days, but coronavirus risks still unresolved. In fact, data from China continues to be rather worrying. If we to start another leg lower in equities, today is a good day for it.
Look at the chart and you may see that Neo is at an area that it might face a lot of important resistances, don't be too emotional and go in as it will breaks up... I'm not saying it won't, but if you want to play here be carefull and use stops.
I think it might accumulate a bit inside of this rectangle and soon we'll face the truth.
I would be long if...
I WANT TO JOIN OCCULT FOR MONEY FAME CONNECTIONS FORTUNE AND SUCCESS CONTACT US NOW. CALL +2347062060842
IGNORE THOSE CLAIMING TO BE AGENT OF THE UNITED BROTHERHOOD OCCULT...
They are fraudulent, they will will stop at nothing just to con you,
they are fake agents. They're all over Internet posing themselves with different names...
I saw a post this morning on a Facebook post suggesting traders long here so I decided to develop my own chart. I find many traders miss out on a critical point of analysis when trading; what is the current trend? Hint: you cannot find the current trend from any time frame below the daily...
My play here would be to short anything below 11, s/l at 12, and a t/p...
Played around with the fib channels on the largest time frame I could find on TV and guess what, it does not look good from here. This chart is telling me to short until
1.5k. The tether news is causing a lot of speculation. This is exactly the time not to try to make assumptions of what might be going on, in terms of the news, and instead check your chart to make...
Are there many reasons for the overall market to go higher?
Other than the resolution of U.S. and China trade concerns, there don't seem to be a lot of good reasons for the stock market to rise as a whole.
Back in March, traders were discussing "the most anticipated selloff of all time" as trade, political, and monetary fears were sending the market down off its...
Bitcoin's failure has washed over into all the Alts but Litecoin
has not suffered as badly as others, so far...if that's to remain
the case then support at 245 must continue to hold here
during the course of today (stops for longs need to be only 3
points or so under here) for any failure to hold will tip
Litecoin into the hands of the bears...
After losing the dynamic support yesterday BTG fell away to
probe structure to its left and leaving pin bars of buying
intent at 240 but never quite struck the support at 235
before bouncing away again - creating a new dynamic support
line under the day's lows, like yesterday.
Still grinding higher but meeting quite heavy selling and
now pin bars of...
Don't want this to turn over here now before China opens
but it could do without some buying power from 7460 level
to hold it up and then propel it through to a new high.
Want to protect gains by raising stop to just under 7450 on
at least half the position, if not all, according to risk profile.
Ideally it will trade sideways between high and...
Bought SUPN at $5.65 as an investment, not a trade. In the past I have used collars to provide downside protection. Last collar expired last December. Collars should only be used in limited situation and timing them correctly is very important. It's only truly in hindsight that you can determine if the collar was a good decision. Last two collars worked out...