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Medianlinetrading

GOOG - Why a 25% drop Is lurking in Google StockSometimes live can be simple. This trade is simple to me. Let's examine it: 1. Over all Indexes are not favoring the long side. 2. Price reached the Center line and get pushed back. 3. The Divergence in the RSI is significant. ...and the rest is Risk & Money management. My stop goes a couple points above the last high. But I probably play it with Options and give me at least 100 days to expiry (DTE). Simple enough? §8-) Happy trading folks.
NASDAQ:GOOGShort
by Tr8dingN3rd
COIN - Further Lows On The PlateThe last chart i COIN I showed you (see linked) was a nice play. Will this one cooperate too? Let's analyze the chart: The white Fork's CL was reached. It came down hard and fell beyond the L-MLH. We see the orange Fork, a pullback Fork. Price struggled to jump above it's CL a view days ago, and now opened and closed below it, AND below the white Forks L-MLH. Because I want to give this trade a little room, I initiated an Options Strategy by combining Short & Long Spreads. You can see in the Black Window (Graph), there is plenty of room to let it go against the initial idea. The B/E point is at the $85 short Call. When time passes and price would stay exactly where it is now, the position would create a little profit. If price is going up and stays between the horizontal line (yellow Arrow in the Graph), we profit. If price of COIN starts to fall, we make profits along the dotted white line. So, what's the benefit of this trade? Why not play it directional by just shorting COIN? 1. There's a time decay involved. My short Call-Debit-Spread generates money, every day by decaying in value. 2. There's the directional aspect. If price cooperates, then the position profits from the "right" movement AND 1. Downside? If price MOVES (it HAS to move) in the wrong direction above $85, then I loose with both positions. Luckily I can manage this options strategy when ever I want. I can open and/or close Spreads, I can add or remove Legs in favor of my position. I can add Stocks Long OR Short. Too complicated? I learned, that success does not just come from a 1-Trick trading Setup/System. If you want to survive in to-days markets, you have to learn, adapt and never stop this process. I personally like to have as many possibilities to skin my Cats as possible. I'm a Nerd, a Tr8dingN3rd and I live for what I do §8-)
NASDAQ:COINShort
by Tr8dingN3rd
FRHC - Freedom Holding Corp Topping.I read about Freedom Holding Corp in the recent Hindenburg Research paper. It sounded quite alarming, but I was considering ignoring the report for an hour and focusing on my chart analysis. Here's my analysis: First of all, this stock appears to resemble one of those Pump & Dump scams. However, let's take a closer look at the chart facts: THE FORK ...indicates that a climax might be imminent. The price has just reached the Upper-Medianline-Parallel, and the rejection is evident from the candle's wick as of today. It's important to note that this is a monthly chart, and we still have a few days to go! ZERO TO FIVE COUNT Even the 0-5 Count suggests a potential 5-High, implying that the peak might have been reached, and a reversal could be on the horizon. DIVERGENCE DIVERGENCE Yes, there are two divergences, and they are quite significant! THE SHARK CANDLE You might hear a whisper of "...come in, the water is fine" when observing the volume and upward movement in this month's candle. But be cautious – this whisper could be the sharks luring the guppies, only to devour them later. You could end up becoming a feast of "Fish & Chips" §8-) By now, you probably understand my thoughts and potential plan. I'm leaning towards a short position, but I won't let greed cloud my judgment. This will just be another trade, even though the chart analysis is aligned with Hindenburg Research's findings. I'll allocate my usual 1% - 2% of my stake for this trade. My aim is to make money, not to become a hero. I intend to continue profiting over the next 20 years (assuming I survive these tumultuous times). Always remember that markets can remain irrational longer than you can remain solvent. So, why not savor a good trade and find contentment in a piece of the pie? §8-)
NASDAQ:FRHCShort
by Tr8dingN3rd
S&P500 -ES has reached the Top for now.This is my 100% believe, that the S&P500 has reached at least a temporary high. From here we will go down, at least to the dashed WL (Warning Line). We had the Open & Close below the Lower Medianline Parallel. But price couldn't reach the WL. So, that means we had a HAGOPIAN cooking. A HAGOPIAN means, that price will go further in the opposite direction than from where price came. And this rule was right. SP500 was going up like there is no tomorrow. Just stupid buying all the way. Today it found it's wall, banging it's had on the Lower Medianline Parallel. This was the first Test. As we know, price can create multiple tests before dropping down. I was observing price action the last couple weeks and it was Insanity at it's best. Be it from Algos or HFT's, I don't care. I just follow my rules and currently they say: <<< IT's OVA >>> So, I follow my Medianline/Fork Rules and I'm Short. The target is as of my rules, the next Line, which is the Warning Line. Interestingly it's also where price intersects with the bigger (Green) Pendulum Swing Fork. Let's have a Christmas experience §8-)
CME_MINI:ES1!Short
by Tr8dingN3rd
PFE - Pfizer drop from medain line.Here's not much on the chart. But what you see is evident. The pitchforks median line is respected by price many times. And this time it's the same. But there's a reason why this time price could flush down to the L-MLH. Indexes are weaker and weaker. The first profit target for me is either the L-MLH, or the A/R (yellow) line. The Action/Reaction line is projected from above's swing range. So, there we have another one to the short side. I have more short charts than longs. However, I always try to keep my overall portfolio balanced. How? There are always industries and sectors which perform to the long side, even when markets tank. It's simple but it takes effort.
NYSE:PFEShort
by Tr8dingN3rd