Three Percent Trade Idea: Go Long AMRNHere is a great opportunity to pick up AMRN .
At Three Percent Trades we have a price target of $27.00 / share, which is a potential upside of 68.22%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Tradingtips
Three Percent Trades: Educational PostThis is an example of how we calculate range movements on a breakout. It comes down to simple math to calculate a measured move.
We simply take the high and subtract it from the low of the range. Then you add the high plus the difference to get your measured move.
If the trade moves in your favor you will want to add to your winners as it trends higher. You should add to your position on future breakouts of consolidation, and on any sign of weakness we sell half our shares to lock in profits and play with house money.
Following this will help protect your hard earned capital and allow you to let your winners run.
Three Percent Trade Idea: Go long FLSRHere is a great opportunity to pick up FSLR .
At Three Percent Trades we have a price target of $80.00 / share, which is a potential upside of 21.5%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage
Three Percent Trade Idea: Go long BACHere is a great opportunity to pick up BAC .
At Three Percent Trades we have a price target of $40.00 / share, which is a potential upside of 35.7%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage
Cryptocurrency: Bitcoin**Get off zero**
This is a simple way of saying that it is irresponsible to NOT have a portion of your portfolio in cryptocurrency.
BTC
I could do an extensive review on what Bitcoin is / how it works / and the massive opportunity as an investor.
However, we are not going to do that yet.
Go long on Bitcoin and thank us later or not!
(AUDNZD) Short Trade setupWe Have Found Rising wedge in AUDNZD, The chart we are Doing Analysis is 1 Hrs.
There is 12 Pips Risk and 64 Pips Reward You can take Entry Now
or Wait for Rising wedge Break to Downside.
On the technical analysis chart, a wedge pattern is a market trend commonly found in traded assets. The pattern is characterized by a contracting range in prices coupled with an upward trend in prices or a downward trend in prices.
Credit: Wikipedia
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan.
BTC - Different view on RSIHello Crypto Family,
We already know about the Price Triangle, and most probably you have noticed that MACD and RSI are in a similar Triangle. If not, check the chart, breaking these lines will be huge for BTC.
I want to offer you a new perspective so let's look at my new Indicator.
V-Laguerre/Stochastic RSI
Laguerre and Stochastic RSI are well-known Indicators, to make them easier to read I've written myself a script to overlay both of them in a single indicator.
(You don't need a script to overlay them since TV support overlaying indicators, depending on your Tradingview version, you might have some limitations.)
If you look at this Indicator, every time Laguerre RSI was in the oversold area, and Stochastic RSI started to rise, we had a move up in price. Also, every time Laguerre RSI was in the overbought area, and Stochastic RSI started to drop, we had a move down in price. (Daily)
At the moment, the Stochastic is rising and Laguerre RSI has enough room to move up.
If you look at the V-Laguerre/Stochastic RSI indicator, I've marked 3 different phases (in different colours). It looks like BTC is repeating this phases since Feb.
I'm more leaning to bullish than bearish on Bitcoin, waiting for the breakout and confirmation.
How to trade in the Crypto Market - Trading TipsHello Crypto Family,
Reading the charts and indicators is very important and helpful but without having a plan to manage your money, sooner or later you gonna lose money. It happens that you will find yourself on the wrong side of the trade and having the discipline to execute your plan (exiting the trade) is essential.
“The four most dangerous words in investing are: This time it's different.” - Sir John Templeton
Money Management
1) Never trade on your assumptions / be ready to change your opinion:
We all like some Blockchain Projects more than others, but we are here to trade and make money. There are many interesting projects without liquidity and therefore not the best coin to trade. Never fall in Love with a Coin!
Only because you think the price is very low, it doesn't mean that we could go lower / Only because we made x% up, it doesn't mean that we will reach all-time highs.
Don't try to catch the falling knife, wait for the Volume and breakout. But once the confirmation is there, and it is not what you have expected, you need to change your mind very quickly and adapt, otherwise you will enter the market when others are already taking profit or when the market is crashing, you will sell your position with loses.
“Everyday I assume every position I have is wrong.” – Paul Tudor Jones
2) Keep your emotions under control and never FOMO:
Be aware, how much risk you are risking and what is the potential reward. Right now we don't have a reasonable Risk/Reward ratio to be invested in BTC. The safest way to trade is to stay on the sideline an wait for BTC to break the Support Line (Move Downside) or push above resistance Line. Missing on small moves isn't significant because you can always catch the wave 3.
Never get emotional and invest 100% of your position, by laddering in / out, you reduce your risk of a bad entry point by having a good average price entry. And if you make a bad trade you don't lose all your money. It's like playing in multiple lotteries.
“Frankly, I don’t see markets; I see risks, rewards, and money.” – Larry Hite
3) Reward yourself:
If you have a successful trade, start cashing out your gains. Let's say you have made 100%, you could cash out your initial investment and leave the rest invested and play with the "house money".
“Don’t focus on making money; focus on protecting what you have.” – Paul Tudor Jones
BTC/USD , Not only crypto dip , 9/2/2018 trading dairyIt Seems that a lot of investors has been worried about the drastic bear recently , it did not only hit on the crypto market , there are all effected in the stock market and forex too, seems like the world is having a huge correction.
Buying : 8255
S/L : 6807
1st Target to TP : 9425
2nd Target to TP : 11507
Hold period : 1 - 2 Month
Please comment if there is any mistake or side opinion to improve my charting skills or decision making on the market.
Critics comment and mentor comments are very welcome.
ETH/USD 5/2/2018 Trading Dairy. No worries on the DIP !Strong support line at 770 can be a good opportunity to buy.
If it breaks price at 770 , most probably the price be going down to 720 which is the price from beginning of the year.
I believe that this year is going to be a good year for Altcoins. more and more ICOs are being created base on ETH . Which give a lot of strong future opportunity for this coin.
Strategy:
Buy : above 770
S/L : 730
T/P : 870 ( 1st Target )
T/P : 910 ( 2nd Target )
Hold period : 1 - 2 Months to reach T/P target.
Please comment if there is any mistake or side opinion to improve my charting skills or decision making on the market.
Critics comment and mentor comments are very welcome.
BITCOIN CASH LONGBCHUSD is sitting on a previous strong management zone that's acting as resistance. We are waiting for enough Bullish evidence to re-enter this market
Deceleration ExampleDeclaration is something every trader should recognise. Its where you assess whether you are going to stay in or exit your trade. If the later happens we then wait for Bullish or Bearish confirmation depending on the trend we are trading.
Back test and look for deceleration around the peaks and retraces of trends, make sure you are trading with the trend.
Hang Seng Index Future / 60 / Trading TipsMorning Post 11-July-2017
Trading Tips:
Our view of the market is towards bearish, however, HSF has no direction at this movement.
1. Look for a BO to the downside for trend continuation trades
2. Bearish Bat/Gartley formation inside the red zone
3. If we have a BO of Previous Top (near 25600), we may have a short term bull opportunity.