The trade plan is broken up into parts. We have an objective and consistent entry, stop, and exit plan. Here I will be talking about the exit plan and setting targets that will give you a particular risk/reward ratio. There are no absolutes when it comes to what risk/reward you should be aiming for, a lot has to do with how you handle risk and loss and your...
The markets marched higher here for an 8th consecutive week. this is the largest rally since 2017! The Nasdaq closed the week at its highest ever weekly close.
Short Squeeze stocks finally ended their epic rally! Could High beta stocks be signaling a turn in the market?
In this idea video I go over a very simple mean reversion technical play using very simple tools such as RSI and support and resistance to identify levels that have high probability of a mean reversion. Here we see a potential trade set up where the Russell 2000 is entering a strong resistance trendline where it has been respected multiple times and based off of...
I talk about IWM and SPY in this video and why I think an excellent short opportunity on IWM is coming quite soon. Good luck!
A dash for trash has been observed! Many participants are tryging to buy to and squeeze companies that have been beaten down and fundamentally weak.
Thank you for watching and I hope you learn something on my analysis of $AMEX:IWM. In this video, I explain why I think we have a bullish breakout swing trade opportunity within the next few days. Have a blessed week and God bless you!
ok we're getting a recovery rally, but be aware tomorrow they could sell down to create one more low which I would think would be a bear trap. I can't say it's THE "bottom" but we could be starting to make a bottoming pattern here. RSI needs a reset, watch NQ and tech especially for an outperformance rally if I'm correct. Good luck!
Whats next for the markets? A complete collapse? A blowoff top? Sideways Chop? Lets discuss some pivotal price action
I had a request to go over how to calculate the expected move from options. As well, I posted my own indicator that does the calculations for you. So, I decided to go over both, the theory and process for calculating the expected move from options and also the indicator and how to use it. Hope you find it helpful! Safe trades everyone!
Hey everyone, Posting my Monday market outlook. Targets are as follows: SPY: Bullish Condition: 358.36 Bearish Condition: 456.18 High target (if bullish condition) 464 Low target (if bearish condition) 450 IWM: Bullish Condition: 197.58 Bearish condition: 195.99 High target (if bullish condition) 200 Low target (if bearish condition) 192 For tech, I am...
Market update for the S&P (SPY and ES), the NAS (QQQ, NQ1!) and IWM. Just my thoughts, not advice. Safe trades!
All in the video. According to what I'm seeing in the ratio charts, IWM and KRE may lead to the downside so I'm expecting some bank news which has not hit yet. Tech will probably stay relatively strong for at least a week or more, while SPX may want to try for 4500. It's a shortened trading week, and they are usually very slow but a surprise in the regional bank...
A bit of a lengthy video on using pinescript to develop your trading strategy. I just basically go over very basic functionality to get you on track if you have an interest in using pinescript for these functions. If you are interested in seeing a little more advanced stuff or seeing how to repurpose pre-existing indicators into strategies, leave a comment and...
Hello everyone! This is a tutorial video on how to use Excel to backtest your strategies using technical indicators on Tradingview. This provides the foundations for you to get creative and have the essential tools and knowledge required to begin back-testing your strategies using Excel. There is much more than can be done using Excel for back-testing, so if...
Hello all! Releasing the time series model indicator later today. Here is a brief instructional video and informational video about its use. Leave any questions below or on the indicator's page once posted. I will link the link below once it has been posted. Thanks for watching!
Overview of the put to call ratio correlation indicator I released over the weekend. It is linked below. Its best to review the indicator description prior to watching the video to get an idea of how it works. This video goes over the practical application of the indicator in trading. Let me know your questions/comments below. Safe trades everyone!
Weekly analysis for SPY, DIA, IWM, BRK and VIX. My thoughts, not advice. Let me know your questions below and safe trades everyone!