SURFI : 93% ACHIEVED IN 5 WEEKS ; TARGET 120%HELLO TRADERS!
First of all I'm extremely sorry that I was not able to post any chart for a long time for my hectic schedule.
This trade BSE:SURFI I took about 5 weeks ago and its 92% up till then. target is just to hit in a week or two. Through this chart I want to show how this pattern work.
For more detailed analysis and learnings you can watch my videos on other platfrms.
Tradingstrategies
Sold the USDCADThis is a sell trade of which analysis I did before now however I did not publish it. For the sake of learning and journaling I am publishing it now. This trade like every other trade I take is a trend trade. The USDCAD is trending down and gave a new low, I simply find and mark out the high and label my preferred sell zone represented by the red box. A sell limit order is good for a trade like this. As we see the price pulled back to the sell zone and continued its trend down creating a new low. I took good profit with a 1:2 risk to reward ratio.
What to expect?
I keep it simple and repeat the same steps the gave me this trade.
keep following! I will be updating the chart analysis on USDCAD and publishing it.
ETH - 2 Selling StrategiesBYBIT:ETHUSDT.P
4H time frame
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ETH forms a potential HS
According two uptrend(UT) lines, there are 2 opportunities to open short.
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1.
Entry: if getting resistance from short-term uptrend again(~1577)
TP: 1465 or reach lower uptrend
SL: 1615
2.
Entry: BO the long-term UT (~1521)
TP: 1405, 1340
SL: High of right shoulder (~1663)
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Notice: All price are set from the predicted trend, can set it more accurate based on the actual trend/pattern after opening short
Microsoft: You can do it 💻Despite the recent outage, Microsoft is fighting its way back to the top and should exceed the resistance line at $265.00 soon to continue its upwards slope. Our alternative scenario with a probability of 40% implies that the stock could tire and drop below the support line at $212.25, instead of rising to the top. In this case, the course would sink into the grey target zone to fulfill the superior grey wave alt. IV before heading back North in the longterm.
Trading Strategy. Basic principlesThe following clearly outlines my trading strategy, every day I seek out deals based solely on this strategy.
Without regular backtesting (trade by trade), the results of trading are random and uncertain. The cumulative outcome of the R-multipliers should be positive, but, if a routine backtest is conducted (after executing numerous trades based on sequential trading processes that offer us an edge) The primary focus of our trading strategy is the risk-to-reward ratio (RR), where a large number of losses can be offset by a single profitable trade.
- Entry requirements are sufficient to prevent market noise.
- Position sizing ensures we have a consistent (fixed) risk every transaction, and we adhere to this algorithm on each and every trade.
- Maintaining the advantage afforded by our trading method requires mental preparation for the fluctuations that will effect our account balance. Short-term losses should have no psychological impact!
Entry Standards:
We join the market based on key supply and demand sectors that play a significant impact in the structure of the market. We identify them by emphasizing the M15, H4 points of interest responsible for the structure's collapse.
Once the price reaches our point of interest, we will watch for a reaction in this area, which will indicate if the price intends to move higher or lower. The objective is to identify where a substantial position was taken and wait for the price to return to that point in order to reduce the repercussions and ensure the price follows its actual intentions.
Countertrend:
- Monitor price action and reaction points closely.
- Do not be greedy; if required, close such deals sooner, but not before 3R; bring the trade to the following supply/demand zone.
- Keep a close eye on price movement and response points when entering a trend.
- Enter a trade based on the candle that triggered the CHoCh, move it to the next high/low level, and partially close if momentum appears to be waning.
- There is no need to move the SL aggressively; instead, let the price to fluctuate and move the entry to break even only after the initial LH/HL is created.
4H Definition of Market structure
Determine the price's response to important zones on a daily/weekly basis.
How should I mark the chart?
4H
- swing highs and lows
- B.O.S
- Supply and Demand zones
- Liquidity H/L, EQH/EQL, internal liquidity trend
- Orderflow structure HL - HH or LH - LL
15M
How should I mark the chart?
- fluctuate between highs and lows
- ChoCh/BOS
- Demand/supply zones
- Liquidity, liquidity zones/points, strong/weak H/L, liquidity before poi
- Premium/Discount - short discount and long premium.
- Order flow
1-5M
How should I mark the chart?
- Liquidity grab (sweep)
- Mitigation/RTO
- S/D flip
BNB - Buying StrategiesBYBIT:BNBUSDT.P
4H time frame
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Potential inverse HS is forming on 4H time frame.
I provide two strategies for long BNB, entry from BO DC and entry from BO HS, respectively.
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(1) BO DC(Descending channel)
Entry: 295~305
TP: 318.25, 331, 345.05
SL: 290.5
(2) BO HS(inverse head and shoulders)
Entry: 318.25
TP: 345.05, 378.9
SL: 279
SOL - Buying StrategyBYBIT:SOLUSDT.P
4H time frame
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SOL retested 20.235 and broke resistance made of previous highs, an expected pullback will occur to retest 24.07~25.05
Bullish continuation is based on the valid support from 24.07~25.05.
So we open long there follow below strategy.
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Entry: 24.07~25.05
TP: 27.9, 29.3
SL: 23.725
GBPAUD short triggered EOD stratA trend-following strategy that only takes a few minutes at the end of the day to set up and forget.
On the GBPAUD the shorts have been triggered and now we wait to see if we get to TP1 and a trend continuation.
Due to the initial stop being very wide, the risk per trade means the nominal lot size is very small.
BBIG Breakout Alert we had a breakout last friday from the 0.55$, now we need to hold above that level as a support, and then break from the resistant at o.87$, which will give us another bullish momentum towards 2 profit taking around the 1.32$ then the 1.92$ lveles .
ETH - 2 Selling Strategies from AC BYBIT:ETHUSDT.P
1H time frame
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After breaking out downtrend on 1 Day time frame . ETH is forming an ascending channel on 1H .
With this bearish pattern, we can set two different trading strategies as below.
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1.
Entry: if getting resistance form upper trend again(~1605)
TP: 1525 or reach lower uptrend
SL: previous high(~1615)
2.
Entry: BO the AC(~1540)
TP: 1400, 1350
SL: if go back to the AC(~1560)
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Notice: All price are set from the predicted trend, can set it more accurate based on the actual trend/pattern after opening short
$PWR Potential Bullish & Bearish CaseNYSE:PWR
$PWR Analysis Breakdown:
11JAN2023
Relevant News : Quanta just scored a new contract for huge construction and optic fiber placement in Colorado.
Financials : Looking at statement of Cash Flows we see Quanta is using reinvested operating income into company asset's last year to pay current debt and lower debt-equity ratio, still exited with 30+ million in cash flow change. With new contract and reinvested capital providing cushion for incoming recession/bear market, this will probably be the last bull rally for awhile (probably until June or July once Fed pivots hopefully start) until project in Colorado starts and they can start seeing positive amounts in accounts receivable.
Daily Chart - Earlier this week $PWR fell below strong support 141.68 PL (price level), on 05JAN2023 $PWR bounces back from 134.41 PL establishing that PL as new support w/ good volume to confirm level. RSI shows momentum died 14DEC2022 where momentum bottomed out at -1.64 w/ MACD sell off dying out and buyers looking to enter market.
4hr Chart - confirms bounce from 134.41 PL , MACD shows steady buyer entry fighting off remaining sellers.
2hr Chart - RSI showing new bullish momentum verified by bullish cross and chart shows buyer/seller fighting started in 06JAN2023 now buyers are pushing forward.
Summary and Consensus :
If tomorrow (12JAN2023) $PWR can confirm a break past 141.68 PL & MACD buyers enter while RSI momentum makes a bullish cross with confirmation on 2hr/4hr chart then $PWR will enter 145 PL zone and hopefully create consolidation to verify new support. With a 1.13 beta rating on Darqube $PWR will flow it's own trend closely and accurately. Current Change = +0.65%
15/1000, 9/1/2023, U.S. stocks explodedWe have observed the performance of DXY for nearly a month, and DXY is continuing to form evidence of the secondary market in a long-term bearish manner.
Last week's rebound followed by a sharp pullback effectively tested the pressure range of the f-line
Under such circumstances, U.S. stocks will inevitably rebound sharply, especially for stocks with small market capitalization but special benefits
After screening multiple stocks, $FLJ's current state is very suitable to grab the top spot in this big rally!
Studying the changes in the Chinese market and the divestiture of $FLJ's own bad business shows that $FLJ has enough energy to bottom out in terms of market, business model, and capital reserves
Moreover, the current price will immediately break through the long-term bottom, which is the best long-term buying opportunity
From a long-term perspective, there is enough space above, we can hold for a long time and lock in profits at the position of the third pressure level
Due to the large fluctuation of $FLJ and the small market value, the current position can be controlled between 30-50%, and the position can be increased after breaking through the first bottom pressure price of $5
In the first pullback after breaking through $5, I will continue to increase position or add 3-5 times leverage trading.