Lot happening in this chart of NIO, but thought I'd just show you how a live trade looks in TradingView using Trade Station. You can see on the right hand side where I bought the stock (added automatically by TradingView and doesn't move), and where my current stop loss is set (this one I can adjust and move up and down to change my stop). I could also add a take...
The Holy Grail Trading Strategy Now, the name of this trading strategy may be controversial, but it’s a simple strategy that everyone can use. The professional trading tools you need to use are: Average Directional Index (ADX) indicator 20-period moving average The Holy Grail trading rules are simple to follow See the rules for buy signals: ADX must break above...
Hello traders and investors! Ok, SPX did another ATH, which is incredible! A few months ago, people thought the world was going to end, but we see a new record high still in 2020. Maybe this doesn’t make sense to some of us, but it does to Technical Analysis. The market is in a clear bull trend since April, and it seems nothing can stop SPX. Right now, it is...
Hello traders and investors! Let’s how Tesla is doing today! Believe or not, it is behaving exactly the way it should, as we already discussed in previous analyses. We saw, for the 3rd time in 3 months, the 3-gap pattern after an accumulation: Runaway, common and exhaustion gap . The last gap always gets filled in the short-term, while the others are still...
Note I have not professional trader, do your OWN research ! key points - 11400 multi year resistance - BTC is printing "knife" drop one after the other, confirming temporarily rejection to move higher - SPX struggle at resistance - BTC correction not complete, see related idea - The previous run from 9000 to 11000 generated too much FOMO, remember to 1 rule "buy...
Its good move in our favor, time to book partial position from long of 9060, TSL to 9095 and final tgt is still 9160
INDIA MART - Important levels for positional trading/investing
IF YOU ARE LONG ON WST ITS A GOOD IDEA TO PUT A TRAILING STOP LOSS JUST A BIT BELOW THIS LEVEL OR TAKE PROFITS IF YOU WENT LONG AT THE MARCH LOWES OR AT THE PREVIOUS TOP EARLYER THIS YEAR AND YOU ARE STILL IN PROFIT NOW. IT ALSO BREAK OUT THE UPPER TRENDING CHANNEL SHOWN!
I'm considering placing a buy order a few points above current weekly candle. Given the outcomes of covid19 turning positive (mainly for China) I retain the possibility of Alibaba (aliexpress included) to be one of the first industrial giants to regain pace on the asian side. If price will break out from current trendline, I think an advance to 250 could be in the...
As PYX breaks its major downward trendline, a long position is entered with a tight stop. As this trade progresses, shorts will be forced to cover, creating a potential for a parabolic move north. Factors leading to the decision: Long-term downward trendline broken Decent bullish volume showed up at the low, noticeable to traders looking for a sign of...
COINBASE:BTCUSD Apparently we could meet three levels of resistance, in which the price could perform retracements, however physiological, and aim at a sustainable target, which in the first input occurred in 2019, in which Bitcoin had started a three-month trend from $4,000 to $14,000. Since now it started from $8,000, it could easily reach $18,000 and approach...
BITFINEX:XRPUSD The first dynamic resistance has been overcome. Now we are getting ready for the second resistance, still dynamic, in which we will know if it will be overpassed, or retested. In this case the short-term trend has reversed its direction from bearish to bullish, as Dow's theory teaches us. Let's see if it will be able to reverse the medium-term...
FX:EURCHF After the breakout of the historic support of 1.1770, Euro suffered the strength of the Swiss Franc. Subsequently a Symmetrical Triangle / Head & Shoulders with dynamic neckline had formed, which brought this cross even more downward and now aims strong to reach the technical Take Profit.
OANDA:EURUSD Why are we using weekly charts? Because the % of trades at profit compared to those at loss increases significantly and obtaining returns on the allocated 4/5 times higher than the maximum loss transforms our annual performance into extraordinary results made continuously, managing to accumulate capital on our account exponentially, thanks to the...
TSE:4519 The upward trend of one of our trades in the Japanese market continues. We follow as always the not realized profit by ensuring more and more a Risk Reward as optimal as possible. Good trading at all!
LSE:EXPN What are the objections people usually make? We share some of them... A - The technical analysis doesn't provide any kind of reference. B - Patterns give us the reference at which moment to enter. A - When you enter the breakouts, you have the same odds as when you flip the coin with heads and tails. B - It's true, but when we lose we lose by -1, while...
KRX:005930 Technical analysis does not depend on the market, it does not depend on the historical era, it does not depend on any kind of factor other than human emotions that are always repeated on the basis of fear and greed. That's why we often find very similar patterns, that if exploited in a systematic way, you can accumulate wealth over time. Then we for an...
HKEX:1177 After our long entry on the head and shoulders of reversing, we are managing the position by gradually moving the stop profits below the last lows. Currently an upward triangle is forming within our trailing stop, which if it broke the resistance level would probably further give a bullish input and benefit the position value. Trading is an activity...