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Setupoftheday

TSLA - 10.97% Potential Profit - Corridor BreakoutLevel of confidence on this trade is Low/Mid and I will wait for a few minutes after the market opens to determine whether I'm entering with a Buy Stop or a Buy Limit order. Corridor breakout. We are out of correction and it could now push up to +$2000. Target price set at new Resistance bounce. - 5-month uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $1845.75 (Buy Stop) or $1802.96 (Buy Limit) Suggested Stop Loss $1778.69 Target price $2048.38 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NASDAQ:TSLALong
by maschera
ATRS - 10.09% Potential Profit - Bullish PennantApproach this with extra-care, allocate less than usual, and take profit fast. This is a penny stock and a high-risk / high-reward scenario. Clear 6-month uptrend Support with a Bullish Pennant formed within. Target price set at a new potential resistance line. I suggest entering a Buy Stop order. If the stop price is not triggered, I wouldn't try to chase a dead-cat bounce. Keep Stop Loss tight and adjust accordingly to protect profits. - 6-month uptrend - RSI + Stoch above 50 - MACD above Signal. Suggested Entry $3.10 Suggested Stop Loss $2.96 Target price $3.42 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
ALong
by maschera
FTV - 13.01% Potential Profit - Ascending TriangleUptrend Support with a bullish pennant forming about to breakout. Target price set at new uptrend resistance line. - 5-month uptrend support - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $74.36 Suggested Stop Loss $72.33 Target price $83.89 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NYSE:FTVLong
by maschera
EXTREMELY INTERESTING EUR/USD setupI've had this setup for the past months and didn't touched anything, the entire setup was right all buy points sell points; supply demand areas... I truly believe what we see in EUR/USD is another possible reject of the blue trendline and expect buys. In case of sells (under blue line) and good rejects start looking for entries with all the support and resistance areas, in that time I'm gonna post a small update with the new trendiness drawed to cach those short time buy-sells if correlates with the actual and useful fibonacci levels that are drawed.
Long
by Elave_Fx
2
Possible AUD/CHF Short Position!! SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 2-3 Days A – Activating Event Market will meet resistance in zone @ Current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 0.67250 C - Fundamentals that may affect the pair N/A D - Trade Management Entered @ ..... Stop Loss @ ..... Trailing Stop Loss@..... Target 1 @ 0.67250 Target 2 @ .... Risk/Reward @ 2.1 Happy trading :) Follow your Trading plan, Remain disciplined and Keep learning !! Please Follow, Like,Comment & Follow :) This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Short
by SMPTrader
GBP/AUD SETUP - possible entry and stop loss included Hello all, I have a potential short setup for you. A bear flag has emerged on the GBP/AUD pair on the 4 hour chart. Enter on a breakdown of the bear flag. _______ (possible) entry: 1.7683 (possible) stop loss: 1.7790 (possible) 1st profit target: 1.7620 (pivot low of the trend leg) --from there on trailing stop losses accordingly-- ______ Remember, only use this trade idea in line with YOUR OWN trading strategy. This is the bare bones of an idea that should only be implemented in conjunction with your own trading system. Also, PLEASE KEEP IN MIND the ongoing Brexit developments which may lead to unpredictable fluctuations in price. In particular, the two leading candidates in line to become Prime Minister next week have both publicly stated that they are open to the idea of a No Brexit situation concerning the October 31 deadline. This has caused some political friction within the UK Parliament and with the EU. Happy trading!
Short
by alexkrec