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FACEBOOK BUY RUNNING +3.8% - CHECK OUT RELATED IDEAS ! FB trade made a great move! Let us know if you're in ! BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +3.8% OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
NASDAQ:METALong
by RossTyler
1
$FB (Fib. Ret. Lev. + MA + ascending triangle) earnings Oct. 29Tracking an ascending triangle chart pattern. Fib. Ret. Lev. has been placed to show price level targets. Fib. Ret. Lev. include 38.2% @ $268.15, 50.0% @ $275.50, and 61.8% @ $282.86. The upper bounds level border for the ascending triangle is right at the 38.2% Fib. Ret. Lev. and being that this level has been broken through plus price action movement is above moving averages (20,50,100), and with Deutsche Bank price target raised to $325, I would expect $FB to move towards the upside in the following days running up to its Oct. 29 earnings date.
NASDAQ:METALong
by financehardo
Facebook Ready to Test 272, Perfect Golden Pocket BounceFacebook got a nice bounce off the golden pocket with some continuation today. It looks like ready to test last weeks range at 268 and above to 272. A break 272 should trigger and all time high test. FB is lagging some of the other big tech stocks that have already test and failed last weeks high range. Timing may good for all these names to break-out those ranges together. Earnings are also on October 29th. Next weeks 265 Call looks great to capture this bounce up to at least 272. If it continues higher you can always roll-up with profits to the 285 another week or so out. Patience is key, big day today may lead to an inside day tomorrow, especially if overall market consolidates. Watch the levels.
NASDAQ:METALong
by TradingWithTrends
The End of Tech Stocks? – FAAG at riskThe house of representatives has published a 450-page long report that big tech companies (specifically FAAG), are disrupting innovation. In this post, I will be summarizing the most important points to take away from the report, and factors to consider when investing in Facebook (FB), Apple (AAPL), Amazon (AMZN), and Google (GOOG). Background Information America’s antitrust laws date back to the 1890s. Standard Oil, an American company founded by John D. Rockefeller, secured 88% of America’s oil market share within 20 years, through aggressive acquisitions of fuel and railway companies. They’ve been criticized for using their monopolistic status to impose higher costs of transportation for their counterparts. Rockefeller took over railway companies, which were essential in transporting goods throughout the country. Without transportation, no business could be done. What these mega tech companies are doing today is very similar to what Rockefeller did back then. Applications cannot reach the general public without being registered on Android and Apple’s app store. People looking to sell goods online must go through Amazon at some point. As a result, in 1911, the US Supreme Court ruled that Standard Oil Trust must be dissolved under the Sherman Antitrust Act and split into 34 companies. What has been suggested in this report is the probability of having to split FAAG, just like they did with Standard Oil in the 1910s, as both cases demonstrate similarities in the essence of their business models and strategies. House Judiciary Antitrust Report - It took 16 months to investigate and finalize the 450 page long report - Targeted companies in this report are: Facebook, Google, Amazon, and Apple - They have analyzed 1.3m documents and interviewed 250 players, dissecting these businesses in every detail possible Amazon (AMZN) The report claims that Amazon wields monopolistic power over third-party sellers. E-commerce sites such as Amazon offer two types of products: products that they source themselves and sell online, and products that are registered on their online marketplace by a third party seller. What’s suggested in the report is that the third party sellers using Amazon’s sales platform are at a disadvantaged position, as Amazon exposes more of their own products (which have much lucrative margins), rather than products listed on their marketplace. Apple (AAPL) In the case of Apple, the report states that there is an unfair monopoly over software distribution. Apple not only takes a huge amount of fees from the apps that are listed on their app store, but also from in-app purchases. They can also refuse to distribute the apps that they dislike, because all the apps that get listed on the app store go through a process of authorization. For instance, if Apple were to launch a new music app, and decide to get rid of all other music streaming related apps on their app store, consumers would have no choice but to use Apple’s new app. Facebook (FB) The report suggests that Facebook possesses dominance in social networking. In a chart that demonstrates the number of monthly active persons (MAP) of social media companies, the order goes as follows: Youtube, Whatsapp, Facebook, Facebook Messenger, and Instagram. Notice that except for Youtube, which is owned by Google, the top 2-5 applications with the most users all belong to Facebook. What’s even scarier is that Facebook is extremely good at either copying new and prominent services, or simply acquiring them. Facebook can make a copy app of an existing application that possesses innovative services. Facebook can then use their platform to support traffic into their copy app (the cross promotion between Facebook and Instagram is one of the major reasons that the company grew exponentially). When Facebook offered to acquire Snapchat (SNAP), they also mentioned that they were not only capable, but willing to make an app that offers the exact same service, which would ultimately do better, as Facebook possesses a bigger and smarter team, and more capital to invest in advertising. Google (GOOG) Google possesses monopoly over online search and search advertising. Thus, they can lead users into services that Google is supporting, or expose more results of companies that have paid Google for advertising (outside sponsored links). They can cherry-pick which results to show people, and essentially lead people into search results that Google wants them to see. The report also demonstrates a list of all the companies that FAAG acquired, which reflects these companies’ strategy of ‘join us or die’. Solutions The report states that splitting these companies is a probable case. There could be different ways in splitting a company. For instance, in the case of Amazon, it could be split into two different companies, each focusing on e-commerce, and cloud services. Another solution is to strengthen antitrust laws to prohibit big mergers and acquisition contracts. The last solution is related to the significant amounts of data that these companies collect. The data they collect are used to expand into their next business, and the government’s solution to stop FAAG’s dominance is to limit their data collection. Essentially, the government’s goal is to restore competition in the digital economy, as there aren’t any more companies that can challenge FAAG. Conclusion There is a lack of consensus between the democrats and republicans, making it difficult to settle on a clear solution. This report dominantly reflects a democratic stance on the issue. The irony is; the more earnings these tech stocks generate, and the more market share they take, the worse it could be for the stock’s price. Wall Street is betting on Biden’s victory, and if that becomes the case, these tech stocks will take a huge hit for the short term. From another perspective, however, this means that it’ll also be an opportunity for the smaller tech stocks, which have been under FAAG’s shadow, to shine. If you like this analysis, please make sure to like the post, and follow for more quality content! I would also appreciate it if you could leave a comment below with some original insight.
NASDAQ:AMZN
by Michael_Wang_Official
48
FB Facebook - buy in play, sell worked great (was posted here!)Facebook - Buy now valid The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
NASDAQ:METALong
by pow_removetheguesswork
BUY on FACEBOOK STILL RUNNING!BUY NOW RUNNING +2.2% IN PROFIT AFTER THE SELL WE CLOSED BANKED OVER 3%! Our strategy caters for all traders, any pair, anytime frame! What is our strategy? Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too!
NASDAQ:META
by congibb
2