EUR/JPY has been moving sharply to the downside easily seen on the higher timeframes (Daily and 4H). EJ has broken a major well respected area of support that has been identified on the Daily timeframe and over the course of the last 2 days, the market has retested the break @126.170 as resistance seen clearly on all timeframes. Along with the retest, there is a...
Starting with the wave analysis:
We are looking at the recent high of 42,000 USD as the completion of wave 5 on the minor degree and possibly wave 3 of the intermediate degree.
We appear to be Wave E in a contracting triangle on the minor degree.
This would be invalidated with a close greater than the close of 37,449 as Wave E should not "take out" Wave D.
Bullish. Let me just lead with that. I've played numerous calls over the last few months. Huge fan of the stock, the chart, and the company.
So of course I am back ready for more calls. $DKNG follows $PENN a lot don't forget that.
Right now I am watching:
jAN 22 $55 WEEKLY CALL
FEB 19 $60 CALL
Most of my target calls I will not even think about until...
With earnings coming up there's no doubt for traders to buy NFLX and expect to make some big returns based off of a solid earnings report as Netflix is most likely doing exceptionally well during these interesting times.
Aside from the fundamentals, I want to dive deep into some technical analysis.
If you have been following long enough you know I love candles...
Hello traders and investors! Let’s see how PLUG is doing today!
The stock is performing amazingly well, and so far, we didn’t see any reversal or pullback signs around. And I got some strategies you can use here if you are anxious or afraid of a pullback.
First, I would put a trailing stop on the previous day’s low, and if PLUG closes under it, I would just...
Recently GigCapital3 (Ticker: G I K) announced they will merge with Lightning eMotors in the Q1 of 2021.
They are also the EV Maker for PLUG Power to create the world's first electric Fuel Cell-Powered Class 6 truck, to target the Middle-Mile delivery solution. In terms of growth they expect to deliver 20,000 ZEVs by 2025, with already enough purchase orders to...
$OEG Solar farms for $AMZN
Orbital Energy Group, Inc. engages in the design, installation, and commissioning of industrial gas sampling, measurement, and delivery systems for energy, power, and processing markets in the United States and the United Kingdom. It also provides engineering, construction, maintenance, and emergency response solutions to the power,...
If you like to use signals to trade manually or automate your trading, you will probably like this indicator!
How did I make it profitable ?
The script never trades against the market. It uses a powerful Trend Detector that filters trades who don't take place in market convergence!
A Smart Combo of Technical Indicators to catch the most likely tops and...
This year I am focusing on learning from two of the best mentors in the Industry with outstanding track records for Creating Systems, and learning the what methods actually work as far as back testing.
I came across the RSI-2 system that Larry Connors developed. Larry has become famous for his technical indicators, but his RSI-2 system is what actually put him...
Guys ! we all know about Renko Charts, you can use this strategy which is really basic, simple but very very effective. For making good profit it's not that you need loaded Indicators and systems, sometimes a very basic system turns to be effective. Here i am discussing a system which always works. Clear entry and exit rules, you can use this system for scalping...
Most of my trading will be 'set and forget' - passive positions which I aim to keep for 3 to 6 months.
I will scratch my active trading itch with a small 'acting trading' bag I can play around with. Likewise, any other strategies (for example, buying Uniswap stuff) we'll allocate a small amount of time and capital to scratch that itch, too.
But my principal...
Simple trading strategies are the key to consistent execution. The problem is that traders often stick to conventional wisdom and settings when a few tweaks can take an ok strategy and turn it into a great one.
What we looked for in this strategy:
- simmplicity - not more than 1 or 2 indicators
- low drawdown
- higher timeframe that would yield swing trading...
$VALE PT 44 by 5/06/2021-11/30/2022
Thinking PT 40 by end of Aug
1) Calls 25 Jun 18th 2021
2) Calls 25 Jan 21st 2022
Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Ferrous...