Hello everyone, I hope you all enjoyed your three day weekend! Here is my analysis on Tesla, please let me know in the comments below on what you think of this video.
This is not financial advice it is up to you on what you want to take on it but I would love feedback. The purpose of these videos is to help educate the public on how I see trading.
I also want to...
Greetings everyone, I hope your first trading day of the week went well.
This analysis will be a detailed explanation of what we can predict will happen to AAPL.
-Ascending channel (pink line is being used as diagonal support.)
-Confirmed double bottom at 132$
-Clean break of the resistance at 138$
2.) EMA 20/50/100/200:
-Strong support from...
Hello everyone, long time no talk.
I hope you all are doing well, I took an extremely long break from trading and decided to take some time to learn from all of my mistakes. Sadly, I went through a really rough streak in the past but we will see if I am capable of learning from my mistakes and if I am capable of being a profitable trader.
Enough talk, lets get...
Welcome everyone, Master Chef is finally back in business. With my trades in forex I have decided to enter the stock market and noticed a lot has been going on recently. With Biden entering into office, COVID numbers getting worse, and other countries entering into lockdowns I am just having a bearish mentality on majority of stocks.
Best stocks to short would...
Simple swing trade here. Very low risk high reward, but i would say to take profit near the area I have highlighted. The overall trend of this trade is a descending triangle so do not get greedy. Other than that buy and hold for over a week on this trade to gain huge profits.
Be patient and calm in this trade.
Hello everyone, hope you are doing well.
Even though this has been proven to be a strong line of support we should not be surprised if this trade falls further. Get your stop losses ready and keep an eye out for this trade if you plan on longing it. I have every reason as to why this is a very bearish trade and just because it is on past support does not mean it...
Alright you guys I have up to three reasons why you should short this trade right now.
1.) This currency pair has tested the resistance line multiple times and has failed to break through.
2.) This currency pair is showing that it was an ascending wedge and has seeped through the diagonal support line it was riding.
3.) The hidden divergence shows many bearish...
Alright you guys, we have a very bearish signal here. The descending wedge played through and it should come back up and re test that past diagonal support. This would be a trade that you can sit on for a solid day or two and get great profit from. Currently, I am in USDCAD trying to short that but if you are not in this trade definitely hop in.
How's it going everyone. Long time no trade, it's been a while since I have traded kinda did not want to put money into the market if I do not have time for it but this seems like a pretty solid trade to long. Just gonna wait for the four hour confirmation to form and check other USD charts to see what is going on.
For now I am thinking to long but we will see....
What is up everyone, long time no talk. Gonna post this trade up since we do have a confirmed double top on the four hour. Not only is there an obvious double top being shown but on the daily chart, we can see we had a bearish engulfer as well.
Stop-loss is a very small window and I think it should be but I am pretty confident that this trade will reach support...
The overall trend here on EUR USD is a downward channel. IF EUR USD can not break through the downward trend line than I believe this is an excellent time to short. The four hour has a closer look of what we should do in terms of conformation, but so far with one hour left I believe this currency pair will fall. It could even come down to past support.
I am not...
Alright you guys here we have an descending triangle. And the downward trend line seems to be very reliable since this is the 5th touch on this currency pair. It may come down to support I would take profit when it does and this trade will try to make one last push.
Keep in mind on the monthly chart this is a ascending triangle. Check out my recent posts on EUR...
EUR CAD is going to break through its past support soon but before it does I believe it will have one last push. The support has been respected multiple times in the past and it will again. I would not try to long this trade for too long because you should be ready to short at some point with this currency pair.
Now is a great time to enter the trade but try...
Here are my thoughts for this currency pair. I believe in the overall view we have an ascending triangle. BUT on a much shorter time frame we actually have a descending triangle. There is going to be so much opportunity on this pair and I think we need to take advantage of the situation.
I will show you in my next post of what we should do but for now I will be...
Hey you guys, I believe the best thing to do here is wait for an opportunity to short this currency pair. It is a descending triangle so I would wait for a proper opportunity to enter in. That would be when the currency pair reaches the blue trend line the I placed that is being used as a form of resistance. Just keep an eye out and be ready to short.