This trade will serve me as a hedge against the other long positions that I'm planning to open today. This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day and I keep my stop losses really tight.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
Bullish Pennant broken out after a 3-month...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
Ascending Triangle broken out after a...
For those who know me, you might have realized by now that I don't usually go long when the RSI and STOCH are below 50 and MACD below Signal. I will make an exception here, however I will approach this trade carefully and allocate less than usual.
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
About Entry / Exit, I have two options,...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
- Breakout past a 3-month correction
- RSI +...
This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum.
- Breakout past a long correction
- RSI...
The monthly chart on gold is showing that we have created a big doji in an overbought zone. This may be signaling for the sell.
Currently, price looks like it's consolidating on a higher time frame. So what I'm waiting to see is will it break the overall bullish trendline for the short, or will it bounce off the 1924.42 zone to continue up into unknown...
Corridor Breakout graduating from a 2-month correction period. Note that vaccine-related news might make or break this trade, this is why I keep the stop loss fairly tight. However, I feel positive given today's news and the upside could be massive.
Target price set at a new potential resistance line.
- 3-month uptrend followed by a 2 month correction period...
In order to decrease the risk associated with this trade, I strongly recommend waiting for tomorrow's earnings call: I like to play it safe and decrease unnecessary exposure when possible. A negative price reaction to earnings might invalidate this whole trade.
Ascending Triangle with clear uptrend Support.
Target price set at a new potential resistance...
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times on the 5-min chart on 25th Aug.
About the entry, you have two options. Chasing the price entering with a Buy Stop order or waiting for a better entry with a Buy Limit. It comes down to your appetite for risk and current trade situation - I will most likely go ahead with a...
Bullish Pennant formed out of a price correction that interrupted a 5-month uptrend. Positive COVID vaccine news will act in our favor.
Target price set at corridor resistance line bounce (May and Jun points).
Note that I have set a very tight stop loss (right below today's VWAP) because I have a few trades going on. However, given the upside, you might want to...
This will most likely be a short-term play.
Descending Triangle formed after a 4-month rally. Resistance confirmed multiple times yesterday on the 5-min chart.
We have two targets, set at a new potential support line.
- 1-Month Downtrend
- RSI and STOCH below 50
- MACD below Signal
Suggested Entry $20.69
Suggested Stop Loss $21.25
Target price $19.61 +...
Ascending Triangle and new support confirmed multiple times in the past 3 days.
Target price set at new historical resistance line bounce.
- Historical Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $1592.45
Suggested Stop Loss $1560.3
Target price $1710.71
Note that I tend to adjust stop losses in order to secure profits early and...
Clear uptrend Support with a Corridor Breakout forming.
Note that we might miss the entry as the price moved to $273.10 pre-market (as we speak) and we are placing a Limit Buy order, rather than chasing momentum.
Target price set at a new potential resistance line.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $267.80...
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times in the past 3 days. For allocation purposes, be mindful that support has been broken on the 20-21th Aug. At the same time, I don't believe this being a reason not to take this trade.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well...
Corridor Breakout out of a 2-month correction, support confirmed multiple times on the 5 min.
Target price set at a new potential resistance line.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal
Suggested Entry $203.08 (Limit) or $205.71 (Stop)
Suggested Stop Loss $199.27
Target price $227.91
Note that I tend to adjust stop losses in order...
