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Momentumindicator

WATCH YGMZBullish Fundamental ( not attractive ) - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Leading Sector / Industry / Leader - Not attractive fundamental / pilot back test - 5/5 rules Technical ( attractive ) - Momentum Theory Indicator - bottomed out - Price action formation ( falling wedge ) - Broke Trend line / bottomed - Above 200MA - Above POC - ST ok - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. “Most people overestimate what they can do in one year and underestimate what they can do in ten years.” Cheers and happy trading!
NASDAQ:YGMZ
by nexxtrade
WATCH $HIMSBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry - 5/5 rules Technical - Momentum Theory Indicator - bottomed broke out - Price action formation ( falling channel ) / bottom broke out / w bottomed - Broke Trend line - Above 200MA - Below POC - ST not ok - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Searching and learning is where the miracle process all begins" Cheers and happy trading!
NYSE:HIMS
by nexxtrade
WATCH $AGLBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry - 5/5 Rules Technical - Momentum Theory Indicator - bottomed break out - Price action formation ( falling wedge and a inverse h&s ) - Broke Trend line / rejected - Above 200MA - Above POC - ST ok - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "Pain + Reflection = Progress" Cheers and happy trading!
NYSE:AGLLong
by nexxtrade
WATCH $OLLIBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Negative PEG - Decent P/FCF - Top Sector / Industry / Leader - 5/5 rules Technical - Momentum Theory Indicator - bottomed - Price action formation ( falling wedge ) - Broke Trend line - Above 200MA - Above POC - ST ok Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "The best time to plant a tree was 20 years ago. The second best time is now." Cheers and happy trading!
NASDAQ:OLLILong
by nexxtrade
WATCH $OSHBullish Fundamental - High inflationary Macro environment / no fear sentiment - Funds Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry / Leader - Rules / Rules / Rules Technical - Momentum Theory Indicator - Bullish breakout - Price action formation ( falling wedge / double bottoms ) - Broke Trend line / rejected - Above 200MA - Above POC - Pending ST - Bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "When opportunity doesn't knock, build a door." Cheers and happy trading!
O
by nexxtrade
WATCH $NVO BEARISH HINTS EVERYWHEREBearish Fundamental - Highly inflationary Macro environment / Q3 earning going to disappoint sentiment - Funds Distribution - Decent PE - Negative PEG - Decent P/FCF - Top Sector / Industry / Leader - Definitely niche sector but with highly inflationary environment and hints of bearish below technical Technical - - Momentum Theory Indicator - bearish divergence - Price action formation ( rising wedge ) - Price rotating clockwise - Still above upward Trend line - Still holding 200MA - Above POC - Holding ST - MACD divergence Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "all things are difficult before they are easy" Cheers and happy trading!
NYSE:NVOShort
by nexxtrade
WATCH $788 BORING IS GOODBullish Fundamental - Moderate inflationary Macro environment in the EAST / Most still like to chase WEST high don't fancy EAST undervalued sentiment - Funds Accumulation - Positive PE - Decent PEG - Positive P/FCF - Top 50% Sector / Industry / Leader - Boring sector but think 5G & 6G Technical - - Momentum Theory Indicator - momentum bottomed making inverse H&S action - Price action formation ( deformed falling wedge ) - Price action losing diving momentum, price action is rotating anti clock wise indicating a trend reversal - Trend line pending break out - Price above 200MA - Price under POC - Broke out S.T - MACD bullish divergence making a H&S formation Entry idea - Entry idea was based on few confluences - Rejection / retest of the trend line / neckline - Price below 200 MA Stop loss depending on entry and risk appetite. But always set meaningful stops. "I have two basic rules about winning in trading as well as in life: (1) If you don't bet, you can't win. (2) If you lose all your chips, you can't bet." Cheers and happy trading!
HKEX:788Long
by nexxtrade
WATCH $1211 SOMETHING IS AMISSSomething caught our attention on the weekly chart on $1211 BYD Company Limited on the HKEX. While the price is making higher high, we observed that the momentum is making a lower low forming a bearish momentum divergence. As you can see from the chart, each thrust momentum is diminishing forming a rising wedge which is a bearish price action. We foresee the momentum extinguish at the 3rd oscillation and eventually price will break down from the rising wedge into a bear cycle. Attractive R:R if you were to ask me. To achieve what others won't, you have to do what others don't“
HKEX:1211Short
by nexxtrade
WATCH $ALBBearish Fundamental - Inflationary macro environment / fear sentiment - Funds Distribution - High PE - Decent PEG - Decent P/FCF - Strong Sector / Industry / Not Leader - Decent earnings - Decent fundamental Technical - Momentum Theory Indicator - H&S formation momentum - Price action formation ( rising wedge ) - Broke upward Trend line and retest previous high forming double tops - Price below 200MA - High volume node at peak - Potential cup and handle formation Entry idea - Entry idea was based on few confluences - Break of neckline and retest - Momentum broke neckline Stop loss depending on entry and risk appetite. But always set meaningful stops. "the distance between dreams and reality is called action" Cheers and happy trading!
NYSE:ALBShort
by nexxtrade
WATCH $ZMBullish Fundamental - High inflationary macro environment / fear sentiment - Earnings don't looks favorable coming quarters - Funds Accumulation - Decent earnings - Decent PE - Decent PEG - Positive P/FCF - Weak Sector / Industry - Covid lock down theme ? Technical - Momentum Theory Indicator - Seems like bottomed and making a reversal trend momentum - Price action formation ( falling wedge ) - Yet to break downward Trend line - Price still below 200MA - Price above POC Entry idea - Entry idea was based on few confluences - Rejection / retest of the trend line - Price below 200 MA Stop loss depending on entry and risk appetite. But always set meaningful stops. ”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” Cheers and happy trading!
NASDAQ:ZMLong
by nexxtrade
CAD/JPY LONG MOMENTUM POSITION DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. ENTRY : 98.947 STOP LOSS : 97.101 TAKE PROFIT 25% : 99.408 TAKE PROFIT 50% : 99.87 TAKE PROFIT 75% : 100.331 TAKE PROFIT 100% : 100.793 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Long
by theEdger
EUR/CHF SHORT MOMENTUM POSITION ON 4HThis is the position based on Edger trading system on four time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. PLACE SELL STOP ENTRY : 1.01268 STOP LOSS : 1.02058 TAKE PROFIT 25% : 1.01071 TAKE PROFIT 50% : 1.00872 TAKE PROFIT 75% : 1.00676 TAKE PROFIT 100% : 1.00478 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Short
by theEdger
NZD/USD SHORT MOMENTUM POSITION ON 4 HOURThis is the position based on Edger trading system on 4 Hour time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. PLACE SELL STOP ENTRY : 0.68267 STOP LOSS : 0.68564 TAKE PROFIT 25% : 0.68193 TAKE PROFIT 50% : 0.68119 TAKE PROFIT 75% : 0.68045 TAKE PROFIT 100% : 0.6797 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Short
by theEdger
EUR/JPY LONG MOMENTUM POSITION DAILY TIME FRAMEThis is the position based on Edger trading system on daily time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. ENTRY : 135.191 STOP LOSS : 133.728 TAKE PROFIT 25% : 135.551 TAKE PROFIT 50% : 135.91 TAKE PROFIT 75% : 136.269 TAKE PROFIT 100% : 136.654 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Long
by theEdger
GBP/JPY LONG MOMENTUM POSITION ON 4HThis is the position based on Edger trading system on daily time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. BUY STOP ENTRY : 160.985 STOP LOSS : 159.443 TAKE PROFIT 25% : 161.37 TAKE PROFIT 50% : 161.756 TAKE PROFIT 75% : 162.141 TAKE PROFIT 100% : 162.527 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Long
by theEdger
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CHF/JPY LONG MOMENTUM POSITION ON 4HThis is the position based on Edger trading system on 4H time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. BUY STOP ENTRY : 132.608 STOP LOSS : 131.429 TAKE PROFIT 25% : 132.901 TAKE PROFIT 50% : 133.195 TAKE PROFIT 75% : 133.488 TAKE PROFIT 100% : 133.787 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Long
by theEdger
NZD/CAD SHORT MOMENTUM POSITION ON 4HThis is the position based on Edger trading system on daily time frame, This setup is 1:1 RR, entry has to be done on the candle close, the entry can be refined by your own knowledge. This is only for educational purpose and no financial advice. SELL STOP ENTRY : 0.86505 STOP LOSS : 0.87227 TAKE PROFIT 25% : 0.86325 TAKE PROFIT 50% : 0.86145 TAKE PROFIT 75% : 0.85964 TAKE PROFIT 100% : 0.85783 FOLLOW RULES: 1. IF TAKE PROFIT 25% HITS, THEN MOVE THE STOP LOSS AT BREAK EVEN AND CLOSE 25% OF THE POSITION. 2. IF TAKE PROFIT 50% HITS, THEN MOVE THE STOP LOSS AT 25% TP LEVEL AND CLOSE 50% OF THE POSITION. 3. IF TAKE PROFIT 75% HITS, THEN MOVE THE STOP LOSS AT 50% TP LEVEL AND CLOSE 50% OF THE POSITION. 4. IF FULL TAKE PROFIT HITS, THEN CLOSE THE TRADE AND ENJOY. ALSO, HIT LIKE, SHARE AND FOLLOW FOR MORE IDEAS. YOU CAN ALSO RAISE QUESTIONS ON TRADINGVIEW.
Short
by theEdger
Solana 2022 We are testing a range that has seen some buying. Using the last true support in late-August 21', and extending the Fibonacci retracement settings to test the next 61.8% Fibonacci level, we get a similar expected move at $330 approximately. I expect SOL to consolidate around the lower part of the range, and start its uptrend in March. The time horizon for March is taken from the Squeeze Momentum Indicator: The chart above is for BTC, however, because all crypto assets have a high correlation to BTC, we can expect them to move in tandem.
FTX:SOLUSD
by dorfmanmaster