TSLS trade ideas
December 2022 shorts up, longs downDecember 2022 shorts up, longs down. What will happen in January 2023? There are only 3 possibilities, up, down or sideways. Yet forecasting the first month of next year includes a multitude of variables. Only time will tell when I check back on this chart in a month. Here's a 1hr chart, 1 month view of long and short tickers, plus the 2 year & 10 year bonds:
US10Y
US02Y
Shorts:
TSLS
SOXS
SQQQ
FNGD
DRIP
SRTY
SPXS
FAZ
DRV
SDOW
BITI
SARK
Longs:
TSLL
SOXL
FNGU
TQQQ
GUSH
TNA
SPXL
ARKK
FAS
UDOW
NAIL
BITO
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
