M4I trade ideas
Traditional|MA|Long and shortLong and short MA
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
MA ahead of earningsMA - Earnings 7/29 BMO. Looks very strong for a potential ATH breakout. Key level to break is the 393.30 and should easily test 401.50. V is also very similar and has earnings ahead of MA so we could see some sympathy movement ahead of MA’s actual earnings report. Both have great set ups for a breakout ahead of earnings and will keep them on watch for a short term swing this week.
Mastercard (MA), still moving in rangeMastercard is another credit card and digital payment company. Similar to Visa, Mastercard has also hit its all time high this year on 28 April at $401.50. The price is currently moving in a range between $356-$370.
There seems to have some rejections around $370. The price needs to break above $370 before reaching target $387. The nearest support would be either $356 or $344, depending on risk appetite.
Mastercard Could Be Squeezing Toward a BreakoutMastercard has been lulling into a triangle, but now the credit-card stock could be getting ready to charge higher.
Consider how Bollinger Bands Width has narrowed to its tightest range since November 2017. Also notice the bullish inside candle on the weekly chart. Both of those, combined with the triangle drawn above, highlight the volatility squeeze now taking place.
But will it last? On Tuesday, the 8-day exponential moving average (EMA) was just $0.37 below the 21-day EMA. A cross above could signal shorter-term momentum is turning more bullish.
Next, MACD has been rising for more than a week.
Finally, consider how all this consolidation is occurring around the same $367 area level where MA peaked last August. We could simply be witnessing old resistance becoming new support – albeit in a painfully slow manner.
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