GREAT SELL RUNNING ON GOOGLE!Stocks strategy file now released! below youll see our list of stocks we have found optimal settings for!
Amazon
Apple
Tesla
Cineworld
Facebook
Netflix
BABA
US30
DAX - DE30EUR
US500
NAS100
SPX500USD
Google
ROKU
UK100
BA - Boeing
Zoom ZM
Barclays
SELL triggered on GOOGLE at 1637.69 we then closed in profit down at 1471.36
net account gain of 4.8% risking just 1% per trade.
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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!
BUY STOCKS NAS100 ANALYSISAs u can see on the day chart this flush can continue down to 9900 and than retrace back in to the bullish mode, it could also retrace from now hitten support and that mean, now is the best time to buy some stocks. Be carefull and watch the support if a are trading with leverage but when u investing its safer.
Hope this perespective will help you with trading stocks! If it will give me a like and share your toughts with me and other traders in comments!
Opening Idea:GOOG facing Difficulties to go higher (explanation)For 4 times, the stock has tested the blue line which was a support and now a resistance, and delivers some bearish signals looking at the upper shadows and the strong volumes.
- For trading: you need to wait for the breaking of the highlighted rectangle, the bearish signals are encouraging to break from below and maybe reach the lower red level of PITCHFORK.
- For investing: I'm still bullish, If you analyze the stock from the beginning of the explosion of prices till now, you will see that the chart is doing an angle of 45° approximately, so it is very difficult to go down, and very risky to go against the trend.
FANG+ Index: All US Fang Stocks Likely ToppedHello traders,
The NYSE FANG+ Index, which constitutes: Tesla, Nvidia, Alibaba, Baidu, Twitter, Facebook, Apple, Amazon, Netflix and Alphabet, have in my work, topped. In particular, those of which are US-born names. Some may get closer to their current ATHs than others, and others may consolidate in a B wave more than others, but overall as a general trend, many of them have reached their complete and total top.
A lot of people were angry at my Tesla call where I accurately predicted that the top was reached and it will begin to crash - this deemed to be correct and spot on. Since then, many people on TradingView have copied my Tesla chart almost identically with different colours now that they have already seen a significant demise in the technicals of the stock.
This is not the time to be taking risk and artificially believing large-cap US tech can "go up forever" otherwise you will get burned in the next half year and several years beyond.
Trade large-cap tech with extreme caution. This risk is not just limited to FANG stocks - but also - stocks like Peleton, that have soaring valuations; that are totally unrealistic, unsustainable and unachievable.
-zSplit
ELF GOOGLE CLOUD News..Will really blast off soonELF is basically another hidden GEM noone talks about. ELF is already on GOOGLE CLOUD and only 60mil cap.
ELF - AELF is also on HWAWEI CLOUD.. basically gone unnoticed, now im talking about it!
This can really blast off with Good FA.
now on Charts, it is bullish to me. it can rise 30% short term. long term in this bull market is going up to ATH.
Elliott Wave View: Support Area for Alphabet (GOOGL)Alphabet (GOOGL) 45 minutes chart below shows that the stock has rallied higher from August 10 low. From that low, the stock rallied higher in wave ((iii)), which ended at 1652.79 high. The rally unfolded as a 5 waves impulsive Elliott Wave Structure. Up from wave ((ii)) low, wave (i) ended at 1536.97 high. The dip in wave (ii) ended at 1499 low. The stock then extended higher in wave (iii), which ended at 1608.78 high. Wave (iv) pullback then ended at 1575.04 low. The push higher in wave (v) ended at 1652.79 high. This completed wave ((iii)) in larger degree.
Currently, the stock is doing a pullback in wave ((iv)) to correct the cycle from August 10 low. The structure is unfolding as a double correction. Wave (w) ended at 1618.81 low. The bounce in wave (x) ended at 1647.79 high. Wave (y) lower is in progress. The 100-161.8% extension of wave (w)-(x) where (y) can potentially end is at 1592.53 – 1613.70 area, highlighted with a blue box. If reached, that area can produce 3 waves bounce at least or the stock can resume higher in wave ((v)). The 100% extension from June 29 low, where wave ((v)) could target is at 1689.