Community ideas
The MACRO MARKET ($SPY CHART)In this video, I discuss my outlook on the market ($SPY) and a few trades that we, YS Stocks Investment Club, have jumped in.
The past 10 months we have seen the market continue in its Declining phase but not before edging a bit higher in the month of October. Many investors expected the rally to begin in January but October began the bear market rally that took the Bulls on a nice ride.
February, $SPY closed in a "shooting star" or "inverted hammer" signaling a potential downshift on the market to retest previous lows: $370s - $360s.
We have jumped on a few trades as the market continues to Ebb and Flow in this uncertain environment.
We have been on the $379/$370 Put Debit Spread (PDS); JUN 23 expiration for over 3 months and it looks promising to deliver profits in the month of Mar or April.
Time will tell, but we are following our YS Options Trading Plan and set out STOP LOSS for this and all trades that we are in.
TRADE RESPONSIBLY and DO YOUR OWN DUE DILIGENCE..
Live stream - [Live in within an hour] How Bank Failure can affeThe fallout of a bank's failure can have significant economic implications. Banks are important financial institutions that provide various services to the public and the business sector. The impact of a bank's failure can have severe consequences on the
CPI, QQQ Triple Top, KRE / XLF sector, Rate Hikes- CPI data tomorrow will likely determine if we can break that triple top on QQQ
- money rotating around today to tech sectors no a complete FEAR day where money is leaving the market.
- KRE / XLF ETF needs to bounce for SPY to bounce
- 0.25bp current priced in at 62%, and a pause at 38%
- if we break that triple, im looking for a daily bounce and would liking be more long bias then.
USDJPY Long Setup, looking strongGood morning fellow Traders!
I have been tracking the YENUSD pair with great interest in recent weeks as we have been rebounding from its local low. The pair has a beautiful long-term trend on the higher timeframes, setting the direction I have been looking to trade.
We are currently sitting in a sweet spot, the price has been consolidating around 130-137, however, as soon as we have left this range in the past, volatility has kicked in, both ways. We have broken through the high of 137 two days ago, making the idea very plausible and easy to understand.
This is my Game Plan:
- Clean push above 137
- Pullback onto 137 area, preferably seeing a pullback down to 136.8
- Consolidation on the red line, smooth prices needed here
- No big slippage into the box, staying around the red line
- Trigger signal once price starts to recover between 137 to 137.2
- Entry upon jumping out of the box
This trend setup looks very strong because the higher timeframes support the direction we are trading in.
Make sure to follow my Tradingview for more ideas and check out my BNB short post, we are in profits!
Thanks for tuning in and let me know if you liked the video in the comments below.
Many thanks.
TraderCH
Anticipating The Next Oil Market MovesHey guys,
Lets look at US OIL.
Tracking oil markets is far easier as sentiment comments in the news don't really need deciphering.
We saw large periods of harsh and rash movement + extreme prices based on high volatility Trading and news influx.
Now, the story is different and people are not rushing to buy oil on the black market or making contingency plans.
Lets go over it and discuss how we can trade it.
Watch for more.
Apple -> Is This The Top?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
From a weekly timeframe Apple stock just recently tested and already rejected a very obvious previous weekly resistance area which was turned resistance once again.
You can also see that we are having a bullish weekly ema crossover, however I personally think that we will retest the next support area at $135 before then creating the continuation towards the upside.
On the daily timeframe I am now just waiting for a clear break and retest of the previous support zone which would then be turned resistance before I then do expect a next short term impulse towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
EURAUD I Weekly Forecast & How to Trade ItWelcome back! Let me know your thoughts in the comments!
**EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Nvidia -> Breakout TimeHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Nvidia stock just recently created a very obvious inverted head and shoulders and I uploaded a lot of analysis always pointing towards this bullish pattern which will lead to a longer term bullish move.
The past couple of weeks Nvidia already started this bullish move, we now just broke about a weekly resistance area so I simply do expect the continuation towards the upside from here.
With earnings coming out yesterday, the market today gapped higher 15%, breaking also a daily resistance area so I am now just expecting a retest of the previous resistance, now turned support, and then the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Microsoft -> It's Now Or NeverHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Microsoft stock just recently created an awesome double bottom and also already broke above the neckline confirming the weekly pattern.
As we are speaking the market is retesting the neckline of the double bottom which is now turned support so from a weekly perspective I just do expect the continuation towards the upside from here.
On the daily timeframe however the market is currently massively bearish and I definitely don't want to catch a falling knife so I am now just waiting for some bullish structure on the daily timeframe before I will look to enter longs to capitalize on the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: