The original idea of long and bullish explosive up move HAS NOT changed. It's that now I expect price to move down slightly more before moving up.
I am expecting an ending diagonal and then an explosive move up. This is the time to LONG!
Firstly, apologies for coughing around the 8th min (too much chocolate). Basically this analysis builds on top of the HSI and China A50 analysis that I've done previously and that I expect Tencent to move down to $246 and hits the lower channel line as well as 1x of wave (1) distance by 2023 year end.
I expect BYD to fall to $166.8 given the following: 1. Price fall before trendline cut = price fall after trendline cut 2. Fibonacci extension level of wave 5 (of C) = 1.618 of wave 1 (of C).
In this exciting video, we're delving into a powerful trading idea centered around Xinyi Solar Holdings (XYSF). Xinyi Solar, a leading solar energy solution provider, presents a promising opportunity for traders seeking to maximize profits in the renewable energy sector. Join us as we dissect: 📈 A detailed breakdown of our innovative Xinyi Solar trading...
Day trading the Hang Seng Index...explanation of the two trades for the day and the price action that led to the setups. I talk through my approach to Day trading and how I use the indicators along with how to Manage the Risk while in a trade. ** If you like the content then take a look at the profile to get more daily ideas and learning material ** **...
I small trade today on the Hang Seng Index that turned out to be quick and simple with little to no pressure from the entry. Could have been a better exit but all up it was a good start to the day. I will explain the price action for the Entry and the reasoning for the trade coming into the start of the session. ** If you like the content then take a look at my...
Trend with stop loss telling why stop loss is so important in stock trading.
Trading and Price Action can be broken down into tow simple terms...a 'range bound' market and a 'trend' market. Being able to identify the price action early is key to successful daytrading. In the video I discuss how I like to daytrade Indexes and especially how I look to identify a RANGE or a TREND market. As there really is only TWO WAYs to trade....ie/...
In this update we review the recent price action in the Hang Seng and identify the next high probability trading opportunities and price objectives tot a
In this update we review the recent price action in the Hang Seng futures contract and identify the next high probability trading opportunity and price objectives to target
I put my idea on 1772 Gangfeng Lithium on both long term and short trends
I thought that I would try something different and talk through my trades for the day and explain the reasoning behind the entries/exits. I also talked through some missed opportunities and the reasoning for NOT taking the trades in real time. I trade primarily from price action and attempt to define the momentum moves for my prime entry setups. Today there...
I am a big believer in price action trading and waiting to 'SEE THE TRADE' before executing. In the video I will show you my profitable trading methodology for intraday Index trading all based around price action and momentum using different timeframes. I cover the previous three sessions on the Hang Seng and the trades I took along with the price action. The...
So while we wait for the #Evergrande thing to sort itself out, the city to pay attention to for cracks in the housing market here in the US is #SanFrancisco. They have had the highest housing inflation in the country over the last decade -- which is counteracted by the reality that both jobs and people are leaving the city in droves now due to its unaffordability,...
Haha, this is my first maiden video tutorial on Tradingview. I hope it would be helpful in some ways to clear the doubts of those who are exploring or using trend lines in their charts. Now, of course, there are many ways to draw trend lines and 2 persons looking at the same chart can draw it differently. But , I believe the big picture is there. Please feel...
Sign of Strength in the chart: 1. Reaccumulation 2. Strong uptrend 3. No major weakness at resistance 4. VCP 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 uptrend 2. Shakeout 3. Pullback with 20/40MA Hit the "LIKE" button to support us :) 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