US2000USD trade ideas
A good place to start scaling for a bounceI think this is a good place to start scaling into the RTY longer-term or short-term potential bounce.
In 6 months we will be at a very different place.
With the proper position sizing you could start scaling in 5-10% of your planned investment in Russell if you don't have any position already.
Risk reward potential is greater that it one day will retest any of the levels above.
There are some nice trades that can be made with this.
Was this the final hurrah? Sell US EQTYFollowing on from the last post on here, (links below)
RUT, broke the range I mentioned 2150/2350 indicating the bull still held.
I said clues of how the RUT behaves at the range highs would be an indication of overall market strength
We are now there.
RUT broke highs- but HAS NOW FAILED to be convincing - (by closing back inside the range)
Even if you don't pay attention to volume (you should!), that chart pattern is the epitome of trading.
Add it to knowing when there is "lopsided positioning" you have a trading methodology .
Positioning data freely published is COT data, and it has "Asset Managers" as excessively long here,
ie "Smart money managers" are heavily positioned to one side (long)
=> so, any down moves, and they will be puking their positions and adding to downside movement...
(you get paid when other people are stopping out, panickedly hitting "Market Orders to close", forcing price in the direction you want)
Along with all the "market internals" I have banged on about before - all deteriorating....well....
it's all similar to when i last posted an idea with the same title
Market Pulse ed.11.11 DAY TRADING SYSTEM Sharing potential #trade setup and insights
How to make your account go green.
*Simple tools,
*Price
*Supply and Demand
*MAcd
*50Dma
*News
Using #Tradingview, amazing tool for tracking and charting...
Here is a link for free account:
www.tradingview.com
For my chart setup : www.tradingview.com
Disclaimer:
Not a Financial Advisor. Not recommendation to Buy or Sell.
#stocktrading #optiontrading #momentumtrader
Market Pulse ED.11.05, Today trade setups, raw and uneditedFollow up to Morning Brew setups:
Sharing potential #trade setup and insights
How to make your account go green.
*Simple tools,
*Price
*Supply and Demand
*MAcd
*50Dma
*News
Using #Tradingview, amazing tool for tracking and charting...
Here is a link for free account:
www.tradingview.com
For my chart setup : www.tradingview.com
Disclaimer:
Not a Financial Advisor. Not recommendation to Buy or Sell.
#stocktrading #optiontrading #momentumtrade
Hard to analyze W/ high volatility in 2021 !Symmetrical Triangle: A symmetrical triangle is
composed of a diagonal falling upper trendline and
a diagonally rising lower trendline. As the price
moves toward the apex, it will inevitably breach
the upper trendline for a breakout and uptrend on
rising prices or breach the lower trendline forming
a breakdown and downtrend with falling prices.
Market Pulse week of NOV1 40K to start the week Trading View recording not working .... Will have raw and unedited setups everyday M-f 12:est
Rut setup given this morning pre-market in Morning Brew
So many more Link at the bottom
Video link to Market Pulse
Isrg possible setup for afternoon run
Nvda taking off
Roku taking off for pre earnings ..
US2000 - Price Action combined with WXY corrective structuresMarket phases - Price Action
In short:
• the market rises when price makes higher highs and higher lows.
• the market goes down when the price makes lower highs and lower lows,
• The market goes sideways when price does not make higher highs and higher lows or lower highs and lower lows.
It may sound childishly simple, almost like stating something obvious, but
you will be amazed how often people forget these simple facts. One
the most important question is: "Where is the market going?"
sequence:
The change of direction is confirmed when
the price is rising above recent highs
(as seen in the chart above).
In other words, it is a reversal
1-2-3 - you go long (buy, eat) after
correction above pillar level
RTY: A Perfect Place To SELL!On the daily chart, the price is moving inside a big corrective pattern. Actually, it is testing the top of the structure and the chances are very high that we may see Russell moving lower again. The targets are placed taking into consideration the structure areas.
Targets:
2255
2220
2124
Thank you and Good Luck!