50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Moving Averages
GBPUSD Weekly: Retracement or Just Playing Hard to Get?Halamakkkk, I thought I was going to have a nice 2-3 weeks break from looking at the chart! But clearly, the weekly chart is playing with me. The weekly chart really confused me because last week the market closed with a so-called "Inverted Hammer," meaning the seller momentum is still there to push it further downward. But at the same time, the market is also showing that it closed below the Bollinger Band, which means it's oversold! Think, think, think.
But but but buuuuttttt, the risk-reward for this to be a BUY is too good to ignore. So, on Monday I’ll set a pending order with Entry point on 1.21700, SL on 1.19411 and TP on 1.26000. The TP might change if it doesn't hit by end of Friday.
Entry 1.21700
SL 1.19411 (Weekly fibo 1.414)
TP 1.26000 (Weekly REE point)
Weekly chart
Silver May Be Attempting a BreakoutSilver has squeezed into a tight range recently, and some traders may expect a breakout.
The first pattern on today’s chart is the series of lower highs since October. Prices have challenged this falling trendline for the last week while staying above December’s lows. Is the resistance fading?
Next, XAGUSD is trying to hold its rising 200-day simple moving average (SMA). That may be consistent with a longer-term uptrend.
Also note how the 50-, 100- and 200-day SMAs are close to each other. A similar convergence appeared in late March as prices began a rally.
They then climbed to their pandemic high around $30 and have remained there since. That may create additional potential for a breakout through long-term resistance.
Finally, MACD is rising.
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Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Projected 2025 bitcoin cycle topTaking the 200 SMA on the weekly chart, intersecting with a horizontal line from the previous cycle's highest peak yeilds a near perfect projection of the following cycle's top. It does not project cycle top price, it only projects cycle top time.
2025 market to end in November 2025 with a 1-9 week error rate.
CAD/CHF - Long Trade Idea : Limit Order @ 0.631I have a strong Analysis for this Trade. Higher Time frames suggests a BOS.
We are currently in a pullback stage making a swing low that was protected by the strong Daily Low. In smaller Time frames Ive notice a CHoCH and seen a shift in the market assuming that smaller time frames are now making bullish movements to suit Higher Time frames.
For added confluences we have crossed lines on the EMA and seeming to respect above the 50EMA telling us short time price action is now Bullish
Im entering a Limit Order at the Oder Block on the most recent movement, I would like to see the Imbalance on that movement get filled before tapping into that Order Block which also happens to be at the 61.8% level being a strong OTE zone.
Good Luck to all the traders that decide to Follow
Hims & Hers - Cheap Health saftyNYSE:HIMS is a platform in the US that takes care of peoples health. They help with everything from skincare to mental or physical treatment. The app provides free licensed providers consultations. Which i think is a gamer breaker in the US, since the cost from going to the doctors is so high, after what i have heard.
The price has broken through two old tops, one in 2021 and one in 2024, and now those tops are used as a bottom. Plus the RSI is turning just a little lower then the SMA. This indicates a bull run.
The Q3 earnings was doubled the expected, and since the price can go a lot over the indicators as seen in 2021 it could go on the rocket ship again
ConocoPhillips May Be Trending LowerConocoPhillips has made lower highs since last spring, and some traders may think the oil driller is poised for another move to the downside.
The first pattern on today’s chart is the October 31 low of $106. COP tried to hold that level in late November before sliding into the double digits. Prices rebounded to stall around the same location last week. Has old support become new resistance?
Second, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA in July. The 100-day SMA is in between. That kind of sequence, with faster SMAs below slower SMAs, may reflect a downtrend.
Third, stochastics have reached an overbought condition.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
BOJ interest rateBOJ interest rate decision tonight.
1/23/25 10pmEST
cons = .5%
prev = .25%
7/30/24
act = .25%
prev = .10%
3/18/24
act = .10%
prev = -10%
USD/JPY longer time frame 100 & 200 moving averages trajectory has moderated from a steep upward slope to a relatively neutral slope, ever since BOJ .25% interest rate decision in July. The faster time frame 20 & 50 moving averages appear to be oscillating above and below the fib50 of the past year high and low. I see this as a good short USD/JPY entry as the BOJ continues to raise interest rates to stabilize the Yen value, and the FOMC rates are going down.
Trade idea:
short = 157.08
stop = 158.88
profit = 150.77
20sma = 157.08
50sma = 154.83
100sma = 151.24
200sma = 152.79
1yrhigh = 161.95
fib50 = 150.77
1yrlow = 139.58
Failing VWAP RetestWe broke through our VWAP (pegged to 1/13/25) at the 102500 level today, retested once, we passed 101900, 101500, now retesting 101500 which is where the VWAP is for some BTC perpetuals. For them it is support as currently their price sits above this band, but as you can see here on the spot chart it is resistance for spot BTC. The high volume/compression candles colored purple and yellow-green show there is more leniency toward the downside. There is a demand zone the price could possibly rebound starting around 100500.
Cycle similarity according to Pi-Cycle Top Risk/DeflectionAligning the bottoms of the Pi-Cycle Top Risk (PCTR)/Deflection (PCTD) indicator shows that this cycle has shown more similar behavior to the 2016-2017 cycle than the 2020-2021 cycle. So far we have had two major waves of the PCTR/PCTD, just as in the 2016-2017 cycle. The 2020-2021 cycle only had one. The third larger wave in the 2016-2017 cycle led to the blow-off top.
This is just one piece to the puzzle, but I think we are looking at a "smoother" cycle until the top (similar to 2016-2017), but I don't think we will get a blow-off top again in $BTC. I'm looking for more of a Wykoff distribution top like the first top in 2020-2021.
--Da_Prof
Purple Innovation | PRPL | Long at $0.93Purple Innovation / Mattress NASDAQ:PRPL is facing a Nasdaq delisting if it can't stay above $1 by early 2025. However, a positive move up (from a technical analysis perspective) may be brewing. My historical simple moving average lines are approaching the price, which more often than not means a future price jump. But the question is, will it occur before the scheduled delisting?
Google Trends shows the largest spike in the search for "Purple Mattress" occurred between June to December 2024. The CEO of NASDAQ:PRPL bought $203k worth of shares around this initial spike. The company is not expected to be profitable for some time, but I am more interested in the short-term move here vs the strength of the company, long-term. So, while this is a "risky" play, especially with the approaching Nasdaq delisting, it's interesting from a technical analysis end. At $0.93, NASDAQ:PRPL is in a personal buy zone through January 2025.
Target #1 = $1.14
Target #2 = $1.30
Target #3 = $1.50
Target #4 = $1.63
Liberty Latin America | LILA | Long at $6.37Liberty Latin America NASDAQ:LILA is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands Flow, Liberty Communications, Más Móvil, BTC and Liberty Costa Rica. Insiders have been loading up shares after the recent drop post earnings, which got my attention. The company is expected to be profitable starting in 2025, but its stock has taken a tremendous hit over the past few years. On paper, the future looks bright for this large telecommunications company and it is trading at good value compared to peers and industry.
From a technical analysis perspective, my selected historical simple moving average lines are connecting with the price (which often means a future breakout). The recent dip, based on the financials and insider buying, may be a hidden opportunity for a future run up and the stock consolidates. However, as always, stay cautious. Thus, at $6.37, NASDAQ:LILA is in a personal buy zone.
Target #1 = $7.00
Target #2 = $8.00
Target #3 = $9.00
Target #4 = $10.00
Lockheed Martin | LMT | Long at $472.00Lockheed Martin $NYSE:LMT. The war machine keeps turning... while there may some temporary "peace" with the new Trump administration, it is just never (unfortunately) permanent.
The price has entered my historical simple moving average area. If there is a bounce, I expect it to be between the current price of $466.00 and $450.00. I've started a small position at $472.00 and will grab more shares if it hits $450. Now, if the aerospace and defensive industry goes through a downtrend with the new presidential administration, I expect the price to fill the daily price gap near the low $400s - which is only an even better bargain, in my opinion.
Target #1 = $500.00
Target #2 = $535.00
Target #3 = $610.00
Semiconductor Index May Be Starting to MoveSemiconductors have outperformed by a wide margin since late 2023. Now, after a period of consolidation, some traders may expect the uptrend to continue.
The first pattern on today’s chart of the Philadelphia Semiconductor Index is the series of higher lows and lower highs since the summer. Prices began the year escaping to the upside and are now approaching their October peak. Clearing that level could be viewed as a potential breakout.
Second, the 50-, 100- and 200-day simple moving averages are essentially on top of each other after months of sideways movement. Could that convergence open the door to expansion?
Speaking of sideways movement, Rate of Change (set to 21 bars) in the lower study illustrates how SOX has more or less stopped moving over the last month.
Finally, the news flow may help chips after Broadcom (No. 2 in the index) and Taiwan Semiconductor (No. 3 in the index) rallied on strong earnings. Expectations could remain positive as industry leader Nvidia ramps Blackwell production.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
SHOP Go Long! Will it break out this time?Recently SHOP has retraced and held the 50% Fib level and has been trading within a channel where it is about at the mid point of it. The King Trading Momentum Strategy yesterday issued a buy signal. This strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes. It has been forming a bull flag on the hourly and pre-market suggests this may be ready to break out. I followed the signal and bought a half position, looking to protect the trade at take-profit of 4%. During backtest this proved to be an optimum area and a stop-loss of 3% is warranted. SHOP and over 100 equities are built into this script. If trade protects at 4%, a trailing stop-loss of 2% will be adhered to in order to lock in as much profit as possible if this stock breaks out of the descending channel! I'm thinking its not too late for me to add to this position given typical morning volatility.