DFS
DFS: Post-FOMC longDFS is offering an interesting setup in the monthly, daily and 65 min charts. We can clearly see the reaction to the news has been positive and can expect continuation into the highs. Target on chart is derived from monthly price action, the stop from the daily, and we use the 65 min timeframe to get a clear picture of the price action around the news. All 3 timeframes support the idea that going long at market open is wise.
Risk is a drop to 53.74, but upside is as high as 58.10 within 3 months or less.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Link to Tim West's chatroom: www.tradingview.com
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Long DFSThis is intended to be a short term, because on the longer term time frames it is in correction mode.
Series of HH and HL on intraday chart
Rising 5d VWMA held support
Overal market - bullish
DFS Day Trade Perfect Gap N Go (Brad Reed Jan22,2015) DFS expected to open at 58.04 for a Perfect Gap N Go. To learn to trade this strategy for free, go to www.RealLifeTrading.com
