TALK ABOUT THIS MARKET BEING OUT OF THIS WORLD!!!!talk about a croc of shizza. if there is one thing i learned from trading, it is this: don't use fancy systems to make good returns. keep it as simple as possible. you don't have to trade. in fact you can always invest and double down when the market is wrong about price. you simply cannot predict price action. trading psychology (if there were such a thing) will not help you get better returns, but statistical, rational, and accounting information will. yes, there is accounting information that you can get a hold of for the FOREX market. where did you think GDP, and jobless claims came from? Magic land? that being said, how are you going to trade the brexit? are you going to use your accounting skills to set up a long term contingency plans that will help determine which direction you are going to place your trade on the EUR or GBP for the long run? or are you going to sit back and tell yourself that you already know what the "FUTURE" is going to be like?
GOOD LUCK!!
Pennystock
Earnings Beat 06/16/16$OCLS posted a solid ER in AH. Has found support at .96 which was a significant breakout range in the past. On w/l for momo tomorrow. bit.ly
XGTI prediction $XGTIAfter observing the $XGTI trend for the past weeks, this is what I predict, feel free to dispute what I said. i hope all the #BULLS are ready to grab some profit...
ARTX possible trend!NASDAQ:ARTX has seen an uptrend beginning on 4/1/16.
Possibility of a trend reversal or a continuation of the trend, it depends on the pm on Monday's trend, however, am has been positive since Friday's close
Share your ideas
$NETE chart setupKey support & resistance levels for nete in the near future. Make sure to take profits & always set a manageable stop loss.
Lucas Energy Inc. secondary moveLEI just bought new land and needs financing for the business operation. They are releasing more shares to help them do so. It ran 431.35% when they first released the news. Thats not something you see often; former runners tend to bounce and spike largely again. We have another very clean reversal bowl pattern for the upside. Unfortunately TradingView doesn't receive all the quotes for penny stocks and it doesn't show much on the charts, which is odd. Im using my etrade pro platform to get a clear chart of all the candles, i recommend you do as well.
Long 5.31
Stop loss 5.15
Target 6.20, however it is a low float stock and can rip above 100% again, hold if you have the emotional capability, its better to just take profit around 6ish in this kind of a market.
VTCQ Ready for a breakout, Bar chart analyst say 60% buyVTCQ is coming off a great day despite the markets getting hammered. It's in a nice consolidation phase and looks ready to breakout. Bar Chart analyst rate it a 60% short term buy. The company just signed a huge distribution deal earlier in the week as well.
Penny Stock Madness 420blazeit Edition (Part 2)Just finished creating a chart for CANN. Now looking at the same market structure in CBIS.
I bought into this stock at $0.20 back in the Weed bubble of 2014 and lose like $50 in that pump n dump. Now I know how market structures work though, and am looking to enter near bottom. In my opinion, price should reach $0.01 and bounce off that order block since it's only been tested once before in 2012.
Penny Stock Madness (420 Blazeit Edition)Having started trading in Shitcoins, I feel I could trade well in penny stock markets due to the fact that the hype cycles are the same. I'm calling for an increase to $2.50. Could happen ANY time. Maybe next week, maybe 6 months from now. But I'm making this chart to see if my knowledge of accumulation and distribution is accurate.
Weak Butterfly Pattern, American Eagle Energy Corp (AMZG), 60minAnother penny stock, today has been a very uneventful day in my Forex portfolio as you can tell.
Here i have found a butterfly pattern in the american eagle energy corp. The pattern is a little weak, meaning it isn't a perfect pattern, so the results may very.
I have placed my entry at the lowest low of the pattern , my stop at previous structure resistance around .16 and my limit all the way at .28 or the 1.618 extension of the BC leg. I will be following this all day and should expect completion by the time the US market closes tomorrow.
As always, don't forget to like comment and even follow if you really like it !
Thank you and good trading