corrective movement making double bottomCorrectively moving back down to the low meaning there could be some upside momentum building
Longsignal
Long after corrective patternWaiting to see if some form of corrective pattern forms.. will then be looking for long opportunities
LONG - Dow Jones Industrial Average (DJI)Hi there!
This idea/trade is pretty simple and it comes up few and far between. It is strictly based on price and nothing else. Human nature never changes and it's interesting that the two times this has happened in the past were also during "panics". These trades typically last a few months so just keep that in mind. The details are below.
All the best,
Andre
CHART INTERVAL
2W (2 Weeks)
THE SIGNAL
When the close is more than -3 standard deviations below the 20 period linear regression on this time frame, it indicates an amazing long opportunity. The exit is a 2W close above a 10 period simple moving average.
THE RESULTS
This has only ever happened twice:
First Time
Entry: November 11 1929 @ the open (220.39)
Draw down: -11.36%
Run up: +24.78%
Exit: February 2 1930 @ the open (270.54 +22.76%)
Second Time
Entry: October 26 1987 @ the open (1839)
Draw down: -5.72%
Run up: +13.00%
Exit: February 29 1988 @ the open (2032.20 +10.51%)
THE RISK
As you can see from the trade draw downs the maximum is -11.36%, of course it is absolutely possible to exceed that.
**Important: Remember that leverage increases the draw down number... i.e -11.36% with 3x leverage is -34.08%***
NVDA -NVIDIA buy zonesHello traders,
Description of the analysis:
Nvidia support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
#AUDCHF - Wedge - Long Waiting for another possible touch of the floor of the wedge, then looking to go long.
USDCHF - Famous Setup The Swissy did not go down as I planned. but it went up strongly
It has gone back into the Daily range
However, on the M15 we can see something brewing
I call this the famous setup.
INTC - INTEL main buying zonesHello traders,
Description of the analysis:
INTEL the best buying zones for investment.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
BCOUSD - LongWaiting to see what kind of break we get on this correction, believe more upside momentum is incoming
USDCAD D1 Long Setup [Revisit]A few days ago I saw this setup and its still intact.
Title of Previous Idea was : USDCAD Will it lift off?
that question is still in tact. and so we still ask, will it go to the moon?
#NZDUSD - Long after a correction The correction may not come right now.. but I'm waiting for some sort of corrective pattern to get in for a long at least up until the channel support
#AUDCHF - Long/BuyWaiting to see if we can get some sort of double bottom pattern to form.
If not then a strong break through the correction
#EURUSD - Long - Longer term Current price action suggest its just trading collectively to the downside meaning an impulsive move to the upside could follow
#USDJpy - Further upside momentum expected Waiting for this mini correction to play out then I will be looking for long opportunities
#XAUUSD #GOLD - Long after correction strongly believe this will take off to the upside..
May need one more touch on the channel support.. but it may not even reach there.
Either way i strongly believe gold is going for another push higher.
#GBPCAD - Long - Correction finishedGBPCAD looking like a long after an impulse up.. Corrective phase looks finished
#EURCAD - Long After Correction #ForexBelieve that the correction with this pair has put in its first bottom.. just looking for a bit more sideways movement, before another impulse move to the upside.
Any questions feel free to comment or drop me a message
