Yesterday at 6:02 PM
pretty much time frames under 1 hour has divereged with 3/4 possibly diverging
The ideal play here is short into green, reverse and long into red
3 TPs (purple lines)
The above was what i shared before todays open. I did...
Chart says up, apparently earnings report wasn't strong? Eh, chart says up. Went long after my tesla long, therefore, before any of this news came out. Clearly a premature entry, then again, FB made a lower low on the 29th... rather than on earning announcement.. but hey no such thing as priced in news ya know ;)
I'm expecting the gap above to be filled.
Though I actively trade BTC and ETH derivatives, I do dabble in equities, forex and indices.
This was my recent Tesla trade which I closed on the 30/10
6/10/2018 2:09 Limit Order Buy Trade Tesla Motors Inc 0.36 Uts 263.73
30/10/2018 0:48 Take Profit Tesla Motors Inc 0.36 Uts 344.5
Forgot to update this when it did pivot. Have been busy trading crypto again due to bitcoins recent movement.
Anyway, bull div on the fisher, MACD very much over sold and the bogglett bull divved too.
I was wrong about testing the 6k zone in my other post, we didn't go as high as I expected. However, I am expecting to break the previous high of 5945. The steep...
The market has over extended now and as i have mentioned in my previous post, i am expecting green this week. Today's close is evident of that and looks good for a 1-2 week up trend. I Expect us to reach the red area before heading down lower.
friend of mine mentioned that US earning reports re coming out in 2 weeks. This may be the catalyst that takes us lower...
The market had a good bounce today with an even red and green movements. As per the bounce.
The perfect wick from serious support (i.e. the sidways movement back in 2017).
As mentioned in my comment on my other post, I expect more green to come this week. The DJI is already up 1% with many US stocks in the green.
I suspect this is our first pivot point with...
I did not expect such strong selling through the 6000 level so soon. I was honestly expecting a bounced at 6000 with long term support (trend line) holding.. I guess THEY had other plans ;)
The selling occurred due to the $DJI breaking support and dipping just under 6%.
Second target in sight, however, the fisher and RVGI are both over extended so I expect some...
Long until Fisher bounce
50 EMA about to cross 100EMA - Long until cross.
Most likely will double top at 4.41.
Rules from daily still apply... except $6 looks unlikely for now.
Highest volume week for a while approx 2 weeks ago.
few things here
1. hell breaks loose if $3.47 breaks.
2. long the trend line break
3. long the trend line retest after break
4. long now if you're ballsy
5. long now isn't too bad, daily retested previous support.
5a. the low made would've most likely been a stop hunt.
6. long until $4.41
7. if 4.41 does break, long until $6+
Refer to related ideas for 3D...
If you look at my related idea, you can see $PPH wicked perfectly off the 50 fib retracement. This is regarded as a 'healthy' pull back. It also wicked into an OB for some liquidity.
However, not overly convinced as of yet. Temporarily bullish due to fisher break and RVGI reset. If PPH moves sideways through trend line, builds more volume as support, we could see...
A bull div is forming on the daily, looking at a retest of resistance a 6233.9.
Larger time frames (3D and weekly) still say down. Fundamentals (economy, banks, dollar etc) also say down.
Will update once we approach the level.
Current sentiment - long... extremely short term though.
I've been watching this closely. Mutliple channels being formed and breaking down. Today the $AUD broke the 0.72 support level. House prices have dipped 6.1% this year and the cash rate was kept at 1.5%.
I believe we will see 6000 soon. Hoping that will hold, otherwise the blue box is the target. As stated in my related idea, interest only loans are about to...
Uploading to see how price action acts in these areas.
Currently thinking long, reject off long term trend line. (red box)
Then make Lower lows into the 3 levels below before blasting through long term trend line and making HHs.
Dates specified are CBOE (19/9) and CME expiration + Quarterly futures (28/9).
I am a scalper, I trade the moves. I don't care which...