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.
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 long correction
- RSI...
We traded EXPE a couple of weeks ago , and we made a decent 4% return.
Ascending Triangle broken out after a 3-month correction following a great bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. Indicators are obviously not on our side, since we are playing the bounce.
- 6-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.
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...
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 +...
Hi Traders,
Tata motors is in an uptrend as per 50 SMA in multiple time frames. The price made a higher high confirming a short term uptrend. We have support at 151.20 and 148.70 respectively. We have the golden zone between 146.70 and 144.70.
The golden zone is a strong zone as there is price action on the left and is a major key level according to higher time...
USDCAD H4 - Would be nice to see a rejection from the current zone we are sitting on, we have ADP employment data figures coming up which is going to have an impact on the USD shortly, this will be catalyst for a breakout most likely. Eyes peeled.
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times in the past 3 days.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $3275.86
Suggested Stop Loss $3202.77
Target price $3647.41
Note that I tend to adjust stop losses in order to...
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 +...
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...
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...
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...
