Mettler - Toledo | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Mettler - Toledo
- Entry Bias Hypothesis
- Wedge Structure | Downtrend Continuation
- Double Top | Short Set Up | Target Valid
- 12345 | Wave 2&5
- Double Bottom | Awaiting Target
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
MTD trade ideas
MTD potential Buy setupReasons for bullish bias:
- Price is at horizontal support plus trendline
- Positive earnings
- Strong bullish candle closing
Here are the recommended trading levels:
Entry Level(CMP): 1509.80
Stop Loss Level: 1298.24
Take Profit Level 1: 1509.80
Take Profit Level 2: Open
Note: It is a slightly risky trade, if the price forms some more bullish candles it might add weightage to the bull's side.
$MTD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MTD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
$MTD with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $MTD after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
MTD : anticipationMTD took out buy side liquidity and sold off on Monthly charts, creating an OB- in the process.
On daily, price created a breaker. Sell the retest of that breaker.
Look for a Bullish Breakout Above the Blue Turning Line - $1148Look for Bullish action if the price of MTD is able to close above the $1148 area in the next two weeks. A bullish break out could take MTD to $1300 in the next 9 months.
Look for the ADX/DMI to turn positive and the Choppiness indicator to confirm an uptrend prior to starting a position. The trade fails if the price closes below the $1055 range.
$MTD$MTD made an all-time high with a gap-up on November 06. Next three days it almost filled the gap and
last day it made an effort to resume the journey. As the trend is very strong it is likely that it will touch the all-time high again.
If we could take a position at open the stop-loss will be below 1122.80 and profit target may be a new high.
MTDSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
* Click Like and Follow to Support My Work!
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.)
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
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DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
MTD: Mind the gap below while this reports tonightThis is clearly on the downhill slide and was reading last qtr earnings transcript, they guided low and economic conditions don't support bullish move at all.
Will add some earning PUTS this morning.
bearish megophoneOn top of the bearish looking weekly graph I posted earlier. This is another great short
were defenetly not in an asset bubbleDefenetly not. watch trader reaction after earnings tonight. estimates at 6.75 per share.
MTD great to tradePlaying Trading Simulator Game:
Love this stock. Huge daily range.
8JAN18 bought 150 shares at $636.92.
9JAN18 sold 150 shares at $651.
Time to short the stock?
At top of my trend line.
At top of Bollinger Bands.
Continuous Average Black DaysStrong regression from all-time peak. May double bottom December 4 low point. Oscillators and EMAs down
