WFCD trade ideas
$WFC Wells Fargo On verge Of Breaking resistance
Potential for a break above the 50ma on weekly
already above the fib gp
MACD bullish
First major target $33.75 top pivot point
WFC is a buy or sell in the next 2 weeks???After a 45% move in 36 days, WFC gets out of the bullish channel and could fill the gap in the next 2 weeks.
Whats your dark mode?Hi, I am new to Trading View,
I am wondering what settings you used to make dark mode more readable. I trade at night and it helps to have reduced light but it also is harder to read.
Please share your ideas.
WELLS FARGO & COMPANY Strategy Hey people, WELLS FARGO & COMPANY is in a bullish momentum with the largest executed buy volume of the session and a hammer candle. Looking at the TIMEFRAME M1 we see an attempt on the part of the aborted buyers with an abnormal purchase volume issued. It's heading towards its last precedent lower to make its reversal great propability to breakout the price at the same time testing the VWAP. And the broken afterwards then it will start on the top of the breakout stabilization zone to join a new zone. We go just after the first high on the H1 with an excess on the H4 after breakout of the second stabilization zone and get to the top of the bullish channel.
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WFC ReadyWe have seen WFC move from the support level indicated by orange. Small bodied doji on big volume after volume consistently climbing could mean a potential big move is coming. Let's keep our eyes on WFC. Might be a nice deep in the money call candidate.
WElls and Fargo w48 2020. Ready to long 27-42.Monthly
Stromg bounce in downtrend
above SR
Weekly
Retest of 24 is OK.
Daily
Open LONG on pullback
Open 27
SL 25
TP 42
RR 6
(SpearTrading) $WFC Potential Long Call Entry Looking to break into red circle and form new support on our yellow resistance before making entry!
Bull flag formation with a dojiBull flag formation. si le haut du doji est brisé , il y aura fort probablement une continuité au niveau du prix et donc jusqu'à la mm 200. Buy near the support and sell or short near the résistance.
WFC Follow up11.6.20 I wanted to talk about volatility the way I describe it....and how this is associated with opportunity ( profit )
"WFC Long" Bullish will this be able to push back to $83 NYSE:WFC Like the risk/reward on this one. I know its a slow move but I feel a 1 point downside risk for a 2 to 3 point plus move to the upside is worth the risk. Resistance is at that 22 area. breaks that your back in a range it trade in for the past few months and I will be look for a move back towards that 23.02-64 area which is the top short term range. Once that level breaks more room towards that 25 resistance.
NWL WFC Part 111.2 20 I wanted to show follow-up on W FC before I take this off my watchlist... As it pertains to the prediction that I made on a previous video. I wanted to show a chart of NWL from one of my students. These two students are the reason why I post here, and it is gratifying to see their results. Believe me, with me it's all about the results, and if you had a chance to talk to my students (and you will not), if they would tell you that I have gotten upset with them from time to time, and I never hold back. This is because I'm spending the time, and my time is important to me. They are becoming very astute traders, and they both have different personalities and the details of their trading will be different, but they're organized, patient, and they are reflective of the market. There are some "experts" who say that women make better traders than men. I hate to admit this, but it's probably true. I was talking to one of my students the other day about this... why you don't see more examples of this, and her immediate answer was that women want to be more private, where his men want to tell you how good they are. I think that this is probably true, but I also believe it's because women are more likely to follow the rules, and they are more likely to trade impulsively once they understand the rules. Honestly, I don't know why you don't hear about more women being famous traders. But I do know this, there are over 1200 people who follow me and most of them would be very happy if they could trade and make the money that one of my students make. When I started posting videos here, I brought up an example of a retired female accountant who took two years to learn how to trade. She went to one of her girlfriends and said that the course had a promotional stipulation that you could invite a friend for free... And this cut the cost of the course by one half. All her friends told her not to do this. Within a few years she made well over $40 million, and has a fund which manages money for people. If you're interested in the video, I'll ask one of my students to figure out which one it was and they'll post it. I happen to know through the grapevine that one of my students did research this person... who was well known in trading circles because of her accomplishments. It's a great story. There is a site called Tastytrade and the owner of that site developed the software Sink or Swim... And I heard that he sold it for many millions of dollars.... And this woman traded through his firm making incredible amounts of money, so they followed her to make sure she wouldn't bust her account... And then some time later they interviewed her and featured her on their website. It's a phenomenal story and it should give hope to aspiring traders. She was an older woman, not wealthy, and very careful, and she studied hard. And now has a group of people that work for her.
my response to a rude, angry post.Rudeness and angry comments to posts should be unacceptable...especially when you are in an environment that encourages sharing ideas...and leaves the option for people to not look at your posts.
WFC - Low risk tradePrice sitting at a strong support level. Indicators oversold. Potential for a bounce from support back up to the $24-$26 price range.
Upside potential - 7-12%
Downside potential - 3.55%
Risk - 2.06
WFC: importance of following how markets expand.10.22.20 Even if you have no interest in Wells Fargo, there are great examples here of how a market expands and contracts and the market dynamics around this that can help you in almost any market. When markets become contracted, they are much more difficult to trade. In extreme contraction can be called a coil, and these should not be traded. However, markets work themselves out of coils by attracting alternatively buyers and sellers. The video addresses this.
The pursuit of excellence in trading10.20.20 The pursuit of excellence in trading. Ray Dalio article.
Wells FargoOctober 20, 2020 premarket analysis of Wells Fargo looking for a long trade. I didn't start out with the intention of spending a lot of time on Wells Fargo. It turned out to be a sequence of days following the price action and overall behavior of a narrow range market using the tools and observations that I would normally use.
I'm not sure if I'm going to follow this through much longer; each day I'll make a decision about posting. My style of framing and analyzing the market takes time and it takes effort. No doubt it will take more effort than many people are willing to make... but this is what's required for me and what gives me a comfort level that I require in order to take a trade. Even though I can analyze the market much more quickly than the duration of the video, it still takes time and energy... And if I do this on limited trading opportunity because the market has limited profit potential... I run the risk of spending a lot of time and minimizing my profit potential because I'm tied up in a market that I'm developing a comfort level because of my familiarity with that market... Yet it's not where the bigger profits lie. One way this can happen to you is that you can decide you're going to be an S&P trader for example, and when you do this your vulnerability is that you will not accommodate those times when the market becomes less tradable or presents more vulnerability with less opportunity potential... But you're so comfortable with that market, and also much less familiar with alternative markets... And you can lose a lot of money and waste a lot of time because of the need for familiarity.On the other hand, speaking from a personal point of view, I have decided not to trade a lot of different markets... It just doesn't work for me and I don't want to do that. It's a function of my personality and the time of life... And that supersedes all other decisions. Choosing two or three markets, maybe four markets, and trading one market at a time, and possibly a second market at the same time... It's about all that I'm going to do. Exceptions would be the miners... Getting long in March... And if I had taken a trade I would just hold the position. In that case I don't have to constantly work that market and this would leave me time to take on another market simultaneously.
