AMD | Potential Bearish Day Trade OpportunityAMD closed the week out with a new low, trapping four recent days of bull volume (bearish gap and go). I expect AMD to trade down to support (around $52) and am looking to play it bearish as a day trade. Assuming we continue with the bearish trend, my personal method will be to wait for a close below premarket support, get in on a pullback, and hopefully ride it down to support.
Swing trading wise, I have an order placed to purchase AMD at $52 and am looking to sell at around $90 (close to the 100 MA).
Reallifetrading
QQQ 08 01 and 22 chartThe interesting part here is
the 10/20/50 exponential moving averages on the weekly chart have been SO much more bearish THIS time than the prior 2 crashes. You'll notice a better 'bear' trend with them. We crossed below ALL 3 months ago and they haven't re-crossed since (like they did in 08).
If we currently get an inside week or a retest without a STRONG finish in the next 5 days, this could spell disaster for this market.
I am bearish, I do have puts. I am expecting moves lower.
AMD | Bouncing From Support To Resistance?AMD appears to be bouncing in between support and resistance on the Dailly Chart. I entered my swing trade at $74.90 and plan on exiting at $100.98, assuming AMD cooperates and does what I want it to (if it does, I expect this to be a 2-4 week swing trade). Interesting trade in general. What do you think?
Google | Massive Bull Volume at SupportGoogle is pulling into support with MASSIVE bullish volume (the biggest bull volume (that I can see) since March of 2020). Potentially a good play to go long with a target at the 100 MA. If the bull volume gets trapped, I imagine it would go very bearish quite quickly. Just my opinion. Thoughts?
Amazon | Bull Volume & Hitting A Moving AverageAmazon had a nice bearish retest gap today, finishing with a bullish hammer into the 100 MA. Notice as well the massive bull volume (the most since July 29th). Potentially a good swing trade with an entry above, a stop below, and your target at the 200 Moving Average. Thoughts?
learn to trade playing cashflow game by Rich Dad Robert KiyosakiI have always loved the game cashflow. its like monopoly, but faster and more realistic. This game im showing im playing using the the latest economic headlines. If youre younger and new to investing, I recommend you play it and learn to master it, its not hard. games remove emotions and let you practice. real life is harder and more emotional. :D #richdadpoordad #robertkiyosaki #cashflow
Put sale on WDAYNot the first one. This also happens to be below the 100 SMA on a monthly. I'm not afraid of owning 1,000 shares of WDAY down here. I will have to go and see how many put sales expired in the past to "calculate my DCA If I got put shares, but I dig it. I will be okay to buy to close this one for 50% prem capture before July..."
LET'S GET REAL: Stop Strategy Jumping!Hey Traders,
This one is going to be a little bit different, a little bit deeper and a little bit harder to listen to rather than usual technical analysis. I recommend you sit down and listen to this. Have a think whether it relates to you or whether you found yourself in this position, or even if you've gone through this position and share your experience on how you go through it. A lot of traders struggle with their strategy, jumping from aspects of trading and that's why so many educators out there make a lot of money off of them. It is time to stop.
In this video I outlay a challenge that I put to all the traders who may find themselves in this position to sit down and to thoroughly test their current or previous strategies and understand them on a deeper level. No more jumping around, no more looking outwards. Let's start looking inwards. Let's see the data that we have handed to us and what we can do to improve that data.
If you enjoyed this video, please leave a comment. Leave a like, if we do get enough likes and comments, I will make a Part 2 on how to go about this with a more depth avenue while using different resources.
As always, have a fantastic training week.
[Trade Review]How I traded $CRM, $SNAP, $U, + Possible Set ups fIn this video I will reviewing trades 6/14/2021 which were $NIO ,$U $SNAP that were posted in a pervious video about the set up on my New Series *Set Ups For the Week Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always! Make sure to leave a comment for feedback about cutting back on the trading review videos let me know guys! Will be making videos on trading phycology due to the euphoria in the market so look out!