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Riskreward

BABA FINALLY presents a good long entryHi everyone, here is my chart analysis of the weekly chart of BABA. I've been patiently waiting for months and it's finally come down to a good price level for going long. I prefer using a tighter stop here (stop loss just above $200) with our profit exit in the lower green box around 270. That means we would risk about $20 per share to make roughly $40 per share, meaning our risk to reward ratio is roughly 1 to 2. If we want a wider stop loss (something like at $185), we can then target the final zone near $300. That would be a risk of $40 down and a profit exit of roughly $80 up, which is a similar risk to reward ratio. I've taken a break from posting on trading view, but have still been blogging 1-2 times per week on my blog. You can find all of my past trades since I started, and my analysis and thoughts on my active trades. I've been very profitable (risk-adjusted returns) for the 4 years that I've traded. Blog url: bigfryfinancialmarkets.com If you have any questions or want a chart reviewed, please ask in the comments below! Thanks, and I hope you enjoyed my analysis. -Nathan
NYSE:BABALong
by bigfry
10
USD/CAD Short. Looking for Large R:R in trending marketsI am usually getting chopped up on the minute charts in the Nasdaq and Russell... Those markets are absolutely brutal... Now I see this market... it looks like someone bought it in a magazine. It's been in a downtrend for 80% of the last year. Since I'm noticing it now is obviously the proper time for it to sharply reverse, but seeing this makes me think that it's possible to take 3 or 4 trades on the entire year and hit your mark. Might be time to start noticing forex, Eric.
Short
by emehoke
4
Stocks To Watch (Relative Strength Edition)The Market is pulling back and might be trying to put in a bottom, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 29 total stocks on this list. I add an additional 4 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
NASDAQ:QQQLong
by Jtacher51
2
PLUG: Time to buy?Hello traders and investors! Let’s talk about PLUG today! The stock is highly speculative now, so, let’s see what’s going on here, and proceed carefully. Usually, I see drops like this as opportunities to buy . As someone who’s out of PLUG, movements like this caught my attention, yes, but there’s a right way to proceed on situations like this. Now is not time to sell , the time to sell was during our last analysis about exit strategies, nearly 2 months ago, which was a public one and the link to it is below this idea. What’s more, movements like this, caused by news, often don’t change the main trend. I’m not here to talk about news or fundamentals, just Price Action . PLUG is near a support level, and as far as I know, we must buy near supports – but only if the right pattern appears. Since we still don’t know the short/mid-term impacts of the volatility, we must wait for a bullish pattern, be it candlestick or chart pattern, before jumping into any conclusion, and set the appropriate R/R ratio for the trade. Now, let’s see the weekly chart: In moments like this, it is very important to set the R/R ratio and the right size of your position because if PLUG doesn’t react quickly, and it loses the 21 ema, then the next target would be the $ 30.40, or even the $ 22.25. I find it unlikely to drop, because since it did a top in January, the volume was low, mostly below the average, and this doesn’t indicate a real sell-off, just a pullback. All I know is that the R/R ratio is good for the bulls, but there’s nothing to do now, but wait for some confirmation . And if you liked this analysis, remember to follow me to keep in touch with my daily studies on stocks, and if this idea gave you a new insight, please, support it with your like! Thank you very much!
NASDAQ:PLUG
by Nathan_The_Finance_Hydra
16
Bitcoin - Resuming uptrend one more time - 67k/69k TargetBitcoin - Could be reversing now as it bounced off the 50% retracement level of wave 3 and the 161.8% projection of wave 2. So, as long as that 53270 low isn't breached, we should continue higher here. On the 5min chart on the left, it looks like we are finishing an impulsive move, therefore, if you're not in yet, you can buy on the pullback. Look for potential support at the Fib retracement levels but I think the most likely one is the 38.2% retracement.
BITSTAMP:BTCUSDLong
by ElliottWaveBelgium
3
GPS - Getting ready to break out of a 20 year base ?!I'm late to the party here but we have clean price action and wave count, we can therefore take advantage of the smaller mouvements not only the bigger ones. In this case, I'm waiting for the orange wave iv pullback to start initiating some longs that could yield some 20%-25% without much risk. Red wave iv will be the more interesting move afterwards. Btw this stock has been consolidating since 2000 and could get ready to breakout ! And you know the saying, the bigger the base, the bigger the breakout ! So, definitely keep this one on your watchlist and even think about putting it on your longer term portfolio. Another very interesting aspect is that Dividends could come back soon!
GLong
by ElliottWaveBelgium