If everything about the trade war goes down or uncertain, McDonalds as a growth stock, or TLT, will be the few stocks that investors choose to store the money at.
$217.5 Call for Aug 9th x 6: Risking $384
I am expecting a pure technical bounce btwn the broken range and today's low.
However, since it is under a very bearish trend, Bad trade war news over the weekend can make JD suffer real bad
5x JD 29.5 Call Aug 9th Open: Total $90, 4% risk
I have not been so active on TradingView lately; tried to take a break, clear my mind, and restart my analyzing process.
Larger time frame and recent news on ThinkorSwim are the most useful tools, especially at such an unstable market, to determine whether
we should buy Calls or Puts.
* Don't buy anything if you feel confused while looking at the chart or...
TA: The Resistance is labeled by the red line, it had three touches before it finally broke out on last Thursday-Friday. However, it was a failed breakout, Dipped right below the major structure without a bounce back. Therefore, when it touches $152-153 area, look for a major sell-off.
FA: Trade War and Tariffs ain't decreasing yet, the FED has to inject more...
New Trading Analyzation Open 11-2-2018
Now Using ToS, analyzing with full market chart
Learning price actions with 1min charts
Using news and fundamental analysis
Using Futures and SPX
Communicating with more traders to change my strategy
Today will monitor from Market Open 6:30AM - 9:30AM(See if market ready for a set up to rush higher or already reached a top...
so far, GS(Entry for long position until 11-9, S.Loss when Price hit 209)
JPM (Bounce back from major support, Bullish RSI Divergence, similar to GS)
XLF (Possibly bouncing up from its bottom, after the third impulsive move)
INTC(Entry pt may form in 1.5Hr near 45.5 or 45, I got impatient to scalp a bit as u see in the chart) (MU gonna incorporate INTC, long term...
It has potential, price dipped for three days+ now. been through three impulsive downs, EMA 20 broke above EMA 50 just a month ago.
Bullish overall. Entry around 147https://www.tradingview.com/x/XMwmxQtG/