BTC has broken the support and as overall market is down with FED increasing interest rates more aggressively. There will be short term down trend. I am short at the moment and will see how it performs over next week or two. Long term still bullish. Will wait for it to make base and then we will go long again. Do not take leverage for long trades now as it is...
Hello Everyone. My apologies, I realised after making the video that my pen and markings have not been captured in the video as I use third party software. You guys have a wonderful and winning week ahead. Keep in mind on not overtrading when market is consolidating. I am more long biased trader. I do take shorts but mostly on day trades. Let me know if you...
Market has been really strong for last few days. After this move in spy yesterday it has reached trendline resistance level. It is wait and watch now how it reacts to this level. I took couple of long positions $SBUX and $AMAT yesterday. Hopefully market stays bullish in December. There are lots of stocks setting up for continuation move.
Will history repeat? No one knows, however It looks so similar to 2008. Great time to learn and be ready before the bullish momentum starts. There will be lots of multibaggers after this bearish momentum is over. This is once in a decade opportunity. Will be very good time for investing and trading. Day trading is still good at the moment because of volatility....
Most of the indexes can bounce from here as they have been oversold. Just bought Jpy index this morning. Still a buy opportunity. Risk Reward 1:2. Possibility of higher reward, however I am happy with 2X.
Oil in very tight range for last few days. It can break out from here. Buy order placed above the high of yesterday.
Oil breaking out of the trend line resistance. We will see stocks making new highs in this sector. Position yourself now for some short to medium term gains.
CAR looking nice here. Bought here stop loss under the pivot low.
Made nice base and broke out of resistance area with high volume. Once it makes base above the trendline, will be a nice entry. On watch.
AMD nice breakout over the trendline with some increased volume. Possible trade buy over the high of green candle and stop loss at low around $113. Looking for 2R profit target.
NVDA has tested bottom 3 times and now broke over the trendline. Weekly candles are resting on 50 EMA. I would love to see a pullback to the trendline and take an entry.
Oil looking nice here with long trade. Risk/Reward 1:2.
BTC looking nice here for a long set up if it breaks over 39500. Stop loss around 38100. Everyone have a great day.
XRP breaking out of the trendline. Can move higher to 0.90 area. good short term trade.
Seems good for short to medium term if it comes back and retest 1850 level. While Stock market seems bearish gold has pretty much chances to go up from here. Can be a good hedge for investment portfolio. Will dig into some resources companies tonight.