This is my first video analysis on a company, I got a little tongue tied at the beginning but hopefully I get my point across!
I cover some fundamental points along with some technical points on the chart.
Let me know what you think.
Buy signal indicated on 27th October at $213. Price is now at 207 which is a good entry IMO.
Looks like price is respecting the 200ma on the 4 hour chart. If it stays within the triangle I think we will break higher over the next couple of weeks as earnings were solid albeit a slightly bearish outlook from the company.
Equinix has indicated a buy signal using my system.
Price is at a solid support zone and hugging the 200ma.
Solid fundamentals and continued growth for Equinix should move it high towards 900.
Entry: On open
Looking to short EURUSD from two price points. We can see an outside day bar close below the previous days candle. Price has rejected from the BB and the RSI was running high at 94.
My entry will be at: 1.10650
TPs & SL:
Looking at a long position on EURUSD.
We have an outside day bar formed along with a potential double bottom. Hasn't quite hit the lower BB but still has potential.
Could see a pull back to 1.1000 but I'll be looking to get in slightly before then.
After taking profit at 72 and 70 on our recent short I'm now actively looking to go long from 70.80 so I have to wait for a pull back before entry.
Although it has been a bank holiday I still feel the outside bar is valid, showing strong rejection from the lower BB.
I've spotted some possible weakness on the Dow.
Price has formed a double top on the daily charts and a bearish outside bar has formed at the top of the Bollinger bands.
I think we could see some short term weakness towards 26000 where price will meet resistance. The weekly is also looking bearish which could push price down to 23-24k depending on short term...
Looking to short GBPUSD from 1.30600. Price is currently below this so waiting for a pull back to this price.
RIS overbought, price at the top of the Bollinger bands and an outside bar has formed on US data.
TP at 1.29000
SL at 1.31200
Now short on EURUSD following a strong run up over the last couple of days.
Price has stalled at the .5 daily fib with an outside bar forming at the top of the Bollinger bands and the RSI in the high 90's.
Looking at a quick long on EURUSD.
Usually I'd let price retrace into the outside bar but as it pulled back towards the end of the trading day I'll be looking to buy on the open.
First TP: 1.1200
Second TP: 1.1250
Looking at a short on the UK100 weekly. We have an outside bar towards the top of the Bollinger bands. Not quite as high as id like but still worth a trade. We could see a pull back to 7500 before we see more downside.
I'll be risking 1.5% due to the fact it doesn't hit all my trading criteria.
Entry at 7470
Stop at 7600
I didn't get a chance to post this short on here as I didn't have my laptop with me last night, however, I did post it on instagram @ /FollowMyTrades
Currently short from 74.10
TP1 - 72
TP2 - 70.2
Short due to outside day bar from top of Bollinger band and RSI (2) overbought.
A simple trading strategy.
Here we have a stripped back version of my trading strategy.
I simply use outside bars to indicate momentum and turning points in the market.
The first highlighted bar from April 2018 shows an outside bar completely engulfing the previous weeks price action. From here the market moves over 400 pips north.
The second highlighted bar...