JD Buy Low / Sell HighJD is at a perfect buying location for a move higher for the longer term
I will be buying 6 month Call options on this stock at this entry level.
Buylowsellhigh
Levels to watch on BTC.This is the levels i'm watching on BTC for Dow theory analysis. I definitely want to be there when this trend turns around. Ill keep you posted when some crucial levels breaks, with the implications there of.
Currently 6k is the level on everyone's mind, Personally ill be ecstatic if breaks, as it would signify the next phase in the bear trend, progress.
"Trade what you see not what you think" Bullish Sentiment Validated confluences
1.Support Broken Resistance Valid
2.Weekly trend line Broken (Major validation)
3.Opposing level breached by Bulls (Major validation)
4.Profit margin 1:3 (Potentially)
5.Price action hit lower band which indicates weakness
NFLX Long Off the 50 EMA: Good VolumeBeautiful example of old resistance new support. NFLX bouncing off the 50 EMA | an old support at the $280 price range | and a fib, all good.
BTC BottomAs we approach the channel bottom that has proven support since 1/1/2017, my thoughts after watching this nearly vertical retrace the past 3 days are that we will bounce perhaps once more off the medium support line indicated in the chart and fall to the strong support zone also indicated in the chart. Depending on the volume as we approach the strong support line, we should see a very nice bounce.
HTZ Buy Low Sell HighHTZ looks to have found support at the bottom of this channel, as well as with the 200 SMA underneath. Looking to go bullish with a breakout of today's 2/15 High-Wave candle. Best case scenario: we get an inside day candle tomorrow, and then break out on Tuesday 2/20. This would work great for a swing trade, or a possible intra-day play.
buy low sell high IOST folks, train your mind to buy when a coin is flat versus a coin that has risen 500-600 percent .
Keep an eye on UPS for a bullish playUPS is trading right down to the 200 day SMA on the daily time frame. Look to play the bounce on shorter term trades.
I am looking to go long after we consolidate a week or two between the $112-$113 area with some longer term options.
Here is the weekly chart below. The 100 day SMA is also approaching the green box :)
If the trade doesn't work off the 100 day SMA, I will try the 200 day SMA on the weekly time frame.
HODL Wings and Prepare to Take Off!!!WINGS
WINGS
WINGS
I am heavily invested into his Coin at the moment. Buy low, sell high. From the chart above you can see a trend shooting upwards, the coin has just begun. @excavo and @alanmasters Are both indicating this as a potential heavy winner in the following weeks. Keep and eye and spread your wings!
JNJ put saleJNJ had a massive move down on their earnings. This is one of the largest candles I can even find on the chart for JNJ. As is approached the 50EMA I was looking for Bull Put Spread or Put Sale premium. Because of dividends being at the end of February and the 200 SMA down around 134. It seems like a no brainer.
"Trade what you see not what you think" Bullish SentimentThe trade
1.Support Valid Resistance touched repeatedly showing signs of weakness
2.Trend line Broken (Major validation)
3.Profit margin 1:3
4.below middle ma band showing signs of weakness (BUY LOW SELL HIGH)
Short term bullish play (taking advantage of daily retracement)Support zone validated from the rejections in the past. And breaches of opposing force. There are visible rejections from the recent points and dating back to 7/4/17. The trade has a high probability of working out because of the breach, that engulfed the opposing force. the trade has on obstruction if the price does decide to rally up from the predicted level until 82.20.
Still giving the trade a Risk/Reward of 1:3 (standard profit rate)
Wait for retest and then be bullish on AAMy plan is to wait for a pullback off of 10.21 resistance in to 9.79 pivot, CCI needs to be above 100 when we pull back. A quick wave count could be a third wave right now and then we´ll probably break above the resistance with a wave 4 as retest...
LONG TERM USDCAD SHORT @1.51800Despite all the talk of the Canadian economy in tatters as oil prices tumble, I focus on price and limit my risk.
Catastrophic events happen causing erratic behaviour in the markets. But all things being equal, the charts are telling me there is a good chance that USDCAD will fall from 1.51800.
Again, low risk, high potential reward is what I look for. I make sure I limit the things I can control. I cannot control oil prices, or Canadian economics. I control my trading account.
This is a nice area for a short position high up on the curve. Price is struggling to get through orders in a poor zone. This suggests that the buying power might not carry much strength going into 1.51800. The mass of sell orders might overwhelm buyers.
Entry: 1.51800
Stop: 1.53800 (200 pips, yikes! Trade carefully. Small positions and then build up)
Reward: Straight away, I am looking at 1.40000 and then 1.34000 (so 200 pips isn't that much risk really)
