Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
I'm sharing a strategy I've used for many years, that is scalping certain forex pairs after the US market closes and before the Asian markets open. During this time there isn't any economic news released so prices have a tendency to oscillate and don't trend which is a perfect environment to use the Buy Sell Bands for a mean reversion strategy.
Regardless of the continually uncertain macro backdrop, the US stock market $SPY remains in a well defined technical uptrend, shown by continual higher highs and higher lows. The current chart pattern shows an ascending triangle with a break out above $SPX 3700 would indicate further confirmation of the uptrend. Volatility has been coiling the last several weeks...
As forecast the market and volatility has been coiling all week and likely into next week too with the election the week after that, I exited 2 pairs trades and put on 1 new pairs trade, long $VGT vs short $FDN. Highly likely I won't enter any new trades next week and flatten the portfolio before next weekend. Jared
Quiet day in the markets, volatility down slightly, all sectors seem to be trading together in wait and see mode. No exits today, entered 2 new pairs trades. Will likely enter more trades tomorrow and Friday but don't plan on entering any new trades next week going into the election. Jared
$VIX inched higher to 29.2 and I expect it to hang around the 30 handle going into the election, no exits today, I put on 3 new pairs trades and plan on taking them off next week and most likely flattening my entire portfolio into cash going into election week. Jared
Hey guys, we had a nice uptick in volatility today with the VIX climbing to 29.2, with that I put on 3 new pairs trades. Long $TJX / Short $LOW - Long $AVB / Short $IYR - Long $BOX / Short $DBX. I still have 3 other open pairs trades. Barring any unexpected event I think volatility could stay tame up until the election in 2 weeks then we could see some massive...
Hey guys, final update for the week, I exited the pair $CGC vs $CRON and entered a new pairs trade long $CHRW vs short $EXPD, this pair has a profitable history and looks good technically right now. I ended the week up and expect market volatility to increase over the coming weeks into the election, I've left a lot of powder dry ready to take advantage of the...
Hey guys, today I exited my shorts in $MSFT $FXI and $F and am now sticking just to pairs, I think market conditions will be good for staying market neutral especially coming into the election where we could see strong one way moves in the market making it very difficult for directional trades. On the other hand these highly volatile market spikes can present...
Hey guys, Just a quick update on how my current trades are doing plus I put on a new pairs trade today; Long $KR / Short $K - Both are large cap food companies with a strong history of profitable pair trades using the Buy Sell Bands as I show in the backtest results. Check in tomorrow for an update on how my trades are tracking. Cheers, Jared.
Hey guys, here are my trades for Monday 12th October, 2020; Short $MSFT Short $FXI Short $F Short $CGC / Long $CRON Stay tuned in for my daily updates on when I exit each trade. Cheers! Jared.
Hey traders, I'm buying 4 regional bank stocks today as I think they're cheap and so do the company insiders who have been buying shares like many regional bank insiders have been doing these past 2 months. The technicals have also aligned for a good entry point here imo as we're currently at the bottom of the range and oversold versus the market and financial...
Hey traders, I just put on a Short trade in AUDNZD from 1.0750, this forex pair is great for range mean reversion trading as they're very similar and stable economies so the pair typically oscillates within a wide range and doesn't usually show many parabolic trends. Follow along as I'll keep this trading idea updated. Jared.
Hey traders, the SP500 may be beginning it's next down leg and as such I've added 5 more shorts in overvalued stocks that the company insiders have also been selling in significant amounts recently. Follow along as I will update these trades as they unfold. Jared.
Hey traders, today I share my short trade in Shopify $SHOP as the fundamentals and technicals have aligned for a good risk/reward short entry imo, plus it serves as a good hedge to a traditional long portfolio of stocks. Be sure to follow this trading idea as I will update it as it progresses. Have a good week! Jared.
Hey traders, today I share a pairs trade I put on, going long $PEP and short $MNST in equal amounts betting on a reversion to the mean in the next couple of days and with a tight stop loss to limit the downside. These are two similar stocks which make for a great pair and you can see on the Range Strength indicator the pair is currently trading in a strong range...
Hey traders, here I share my Long Bitcoin COINBASE:BTCUSD trade today going into the halving on Tuesday, I explain my stop loss and profit target levels. Happy trading :) Jared