The 1-2-3 & 4 (Breakout) works in both bull and bearish trading. This is a 15 minute time frame is more powerful set up then lower ones, with more TIME involved in set up. If you can keep patience and pounce on QUALITY set ups, you will one day be able to do this full time. Read the candlesticks. Please read about this 123 & 4 breakout strategy, it is not 100%...
1)Don't fight the charts... You can you tube or read more about the NYSE 10 a.m. reversal that happens, you should take advantage of it....
Please do you own research, earning report is on Tuesday. If you are interested in investing, could do call options and/or invest in stocks. Good Luck
Price Action Trading & Charts have all of the answers. Trust Them.
You can safety make several of hundreds of dollars everyday, by understand and trading GC/Gold futures. You need to go with trends and trade without emotions. Have A Plan & Trade The Plan. On both Thursday and Friday, markets either went up $1,000 or down $1,000... could you make a couple or few hundred's a day out of the $1,000... I believe anyone can, with...
Have you ever wondered what is a conservative way to trade high volume FUTURES ( CL, ES, GC, SPY, NQ etc...) is?, this might be your answer. Always do your own research, entries might be better to initiate on 5 minute charts (stop losses could be closer, so less risk). I believe this strategy will work for large volume stocks and/or commodities too. The Ultimate...
Chart has all of the answers. Always, see a head & shoulder pattern and break happening fairly soon.
Charts have the answers, just look at them in a nonjudgmental way for the truth. Price action trading is priority, then everything else.
Price action is within a massive Daily TRIANGLE, which way will it go?
Almost every year from April, May and June...oil goes up... just keeping riding bull train until verified confirmation of a bear trend, later this year.
From my opinion, DXY will hit 92.00 this week, before retracing. Bullish Inverse Head & Shoulder Pattern on chart.
SPY will be bullish for rest of week, per 1 hour FACE on chart. After handle part is done, which happened today SPY will be bullish. This market has big implications of overall market, so other trades, stocks, futures, options will be traded accordingly too.
Don't fight charts, don't fight institutions, don't fight trends and don't fight support and resistance levels, just ride on train to win and profit. I will be playing bearish side with options and/or stocks, until trend proves a bullish trend has occurred.
You need to understand that price action always comes back to 20 moving average or middle of Bollinger Indicator. When anything is overstretched, like a rubber band and let go, it will come back to normal or back in balance. No price action can continue to either go up and/or down for long, that is why oversold and/or overbought areas are very important, in your...
Fulfilling a campaign promise, Prime Minister Justin Trudeau's Liberal Party passed a bill easing restrictions in March—the drug has been available for specialized medical use from dispensaries in several Canadian provinces, including British Columbia and Alberta, since 2001. The new law will come into effect on July 1 2018. Can't trade this in USA, but except...
Breaking 45 degree uptrend angle is the SIGN for you to sell at this time.
If like this bank stock, you see around 21 daily candlestick bars going sideways and/or price action refusing to go lower, it means Bullish Run Soon. Would be time to buy stocks and/or bullish put credit spreads underneath price action (like sell higher premium at $34 & buy lower premium at $33), pocket difference until expiry of contract. Could be weekly or...