On this live trading session, we are looking at how we used the 3 principles of SMI,VSA and Stretch to take a trade and exit it especially by looking at the most important stats of how much move is left upon point of entry,otherwise known as open equity.
Welcome to the coffee shop everybody and this is your host and baristo Eric. the bull bear power void has had a massive update since the last time I have been in the shop. So thanks for joining me on this one. THE BACKGROUND: I have recalculated the background to show you when you are looking for Longs and when you are looking for short trades. It's simple...
VSA/Wyckoff analysis for BTC 12/3/22 in audio formate. Still decidedly bearish. Beware of UTADs (bull traps).
I recorded the video abit late: There was a nice pullback formation earlier and if you look on the left side of the chart, you can see the price was on downtrend before it made a reversal with high vol. (indicated in the video as SO, which is actually an SP based on the bar characteristics). I did set my EP at 31282 but the price volatility caught me off guard...
1. Price was on the uptrend with the low getting higher and price increase accompanied by increase in volume. 2. Entered Long with a wider SL but TP @ next Resistance level. 3. Will share the outcome of the trade in the comment.
1. Did a long trade (paper trading) on e-mini Dow Jones. 2. Reason for the long trade: a) Price do a higher lower; a UT bar appears but the next bar overtake the UT. b) Volume is supporting the upward move. c) Strong support level at 29910 range. 3. Trade entered with SL @ 50pts and TP @ 75pts; as price move upwards with unrealised profit, the SL is...
Sign of Strength in the chart: 1. Reversal setup with Strength bar 2. Pullback with NS near support level Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Green Pentagon in KLSE and Finance Sector 2. High volume upbar Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Pullback in hourly chart 2. Gap up with wide spread bar Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Signs in the chart: 1. Heavy sell-off (oversold) 2. Inverse Pullback 3. Break above the upper trendline Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Stopping Volume 2. Sideways accumulation 3. Shakeout Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Reaccumulation with effort bars 2. Shakeout in reaccumulation 3. CoC in hourly chart Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Long period accumulation after climatic volume 2. Solid support Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Weakness in the chart: 1. Buying Climax with Up-Thrust high volume 2. Sell-Off bar in hourly chart Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Accumulation in Weekly Chart 2. Pullback Completed with Green Pentagon Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. Strong accumulation stage 2. NS signal in the support Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Weakness in the chart: 1. Bearish market stages with Red Pentagon 2. Sell-Off with high volume Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Sign of Strength in the chart: 1. High volume with change of trend 2. Reaaccumulation stage 3. Shakeout completed Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock