AMD has been another quite great example for harmonic patterns trading since 2017. This one should be my 7th idea about AMD on TradingView,basically all of which are shown in this chart. Like BABA, I am more bullish on AMD and I still hold some longs from the last butterfly, so I won't take the bearish bat to short; I'll take some profit around here instead . To...
BABA is a stock that pays good respect to harmonic patterns as it went several patterns in a row since last December. After its earning day rally, it's hitting the bearish bat area and gave a shooting star in front of 200 fig. Frankly speaking , I am much more bullish on BABA based on its business, so this pattern has more meaning to take profit on the long...
In terms of inside bar trade, the answer is a clearly YES if it's able to break to the upside! Of course, it's simply a trade to chase the high, like all the other "long the inside bar after new high" trades~ It's quite interesting to see how the market reacts with this kind of trades. DON'T try this kind of trade without proper knowledge about trade execution...
EURJPY had dropped more than 350 pips within 2 weeks, and there is a daily bullish XYAB and demand zone combination long opportunity! In a pair that has 10 consecutive bearish bars in daily chart, it's really hard and not really necessary to put a buy limit to catch the knife, what's more, it's also an inside day breakdown today. What this trade got to wait is a...
It's hard to believe that it's the 1st idea that I post for this X, as it's my best name of all time in terms of trading. It still has great volatility, but it didn't really have many daily chart trades that are in line with my demonstrating system on TradingView. Finally after it's earning report, it got a potential bullish butterfly pattern, around 29.30, and...
DXY had an inside day before NFP, which is normal as the markets are waiting and consolidating. An inside day breakout with the NFP momentum combination is quite a worth noticing spot for today's trading. Back to the inside bar itself, it is actually a more bearish one as it's at 0.618 retracement and it kinda extended in terms of 8ema, but we can regard the...
TEVA usually has HUGE move on its earning release day, which is 5/2. Here we got an bullish bat pattern but it's still way too far from the entry, while with regard to the potential huge move, it worth noticing beforehand and if it actually got crashed all the way there, it could be a high-risk high-reward trade! To start this trade ,there are 2 conditions to...
Inside bar after earnings is one of the inside bar trades that can break the 8ema rule as the earning day may be taken as a whole new start, which implies strong potential momentum. CMG had a 25% rally after the earning report to come back to the stage, and it gave a daily shooter here, I like the long much more than the short though. Of course, if it breaks to...
TWTR has an inside day after earnings. It can be a solid trade itself , and it's also fine to look for the confirmation for both side. If it breaks to the upside, it can be the confirmation entry for the recent bullish 2618 ; if it breaks to the downside, it will be the tiny time frame's continuation. so it's a inside day that worth trading no matter which...
Recently the SPX500 is just a great trading vehicle by harmonic patterns, supply & demand, and inside bars. It started with a huge daily XYAB, bounced of 2 entries of it , forming tiny XYAB and 2618, and numerous inside bars trading opportunities.. Yesterday it dropped from the 2660 supply zone Here we got another chance to trade take the long with a 0.618 and...
Taiwan Semiconductor Manufacturer has a bullish butterfly pattern after its earnings. It didn't really pull back much since 2015-8-24, so this trading opportunity is worth noticing for potential reversal sign near 38.00-39.00 In terms of trading, TSM is not the one people mention the most in Taiwan for its steady move and lack of volatility; while in terms of...
EURJPY has a bearish bat pattern and bearish XYAB combination; This rally comes from the stronger USDJPY than the weaker EURUSD, EURUSD has a bullish butterfly pattern but it's still 70 pips away , so as an intra-day trade, I'm willing to keep an eye on possible reversal sign for this pair. Let's see how it goes!
USDJPY has a butterfly, 2618, and supply zone combination short opportunity. It also has a tiny, imperfect bearish bat is forming. So 2618 and bat 2 entries with same out could be a solid trade, if it can have an hourly reversal sign there, it could be even better! Let's see how it goes!
JPM had an inside day after earnings; it could be a solid setup itself most of the time. In this case, it is also an bullish pattern and 2618 combination long, and now this inside day could be a confirmation entry! What's more, the earning gap already tested the previous gap resistance, so if the inside day is able to break to the upside, it could be a solid long...
Last time in the late January, when BTCUSD finished weekly 21ema correction, which made the inside week so important. And now, the inside week here simply is the 0.618 retracement since bitcoin started trading. If it breaks to the upside, the 0.618 retracement support is strong, not a bad idea to take some long positions; if it breaks to the downside, the...
SPOT and DBX are 2 IPOs that the market put the most focus on this year. DBX got an inside week to trade, and SPOT got this inside day. Momentum trade is one of the most effective way to trade IPO stocks, we often traded the 1st inside bar after the IPO (Usually first inside 5 /inside 15) If it's shortable, the first inside 15 on the IPO day was OUTSTANDING!...
US30 has a hourly triple inside bars before the stock market opens. It's pretty much a nice both-sided trading opportunity, as there are still plenty of rooms before reaching the previous demand / supply zone. So I'm willing to take this trade with minor risk! Let's see how it goes!
USOIL hit daily 0.618 and bounced 200 pips after that to form a demand zone. Also there is a new small bullish bat pattern at the same spot, all of which implied similar entry @ 62.30-62.40 So I'll be waiting for reversal sign there as confirmation entry and maybe put some buy limit there first! Let's see how it goes!