DamianRichardson

DamianRichardson

I took some photos today and put them on a similar publishing website The idea that I had is that stalling can contribute to BTC pulling back about 1 or 2 thousand points due to the lack of upside momentum and the fact that it has been in a wide range of moving around without continued upside breakouts Here is my link to only the photos with the triple screen...

DamianRichardson

I wanted to present to everyone the reasons why we like short selling BUD including the use of long put options The first and primary reason is because of the risk/reward ratio. The risk-to-reward is 1 to 15, even though there is never a risk free trade, BUD went into such an overowned or extended price placement that it would be difficult to sustain such...

DamianRichardson

Entry at 88 - now Wednesday night Target: 84 Stop Loss: 91.50 Conditions for this trade: Waning momentum, it looks like crude is getting tired as it is going up at a slower pace Collision with its respective moving average: on here we have it set for the 50-period EMA Event risk of news resolving the issues at hand that provided for a catalyst in oil; lack...

DamianRichardson

Hi Everyone I am posting this direction reliant strategy for earnings. The idea is to acquire call options above price in the 320 to 325 strikes (long and bullish) And to acquire put options at 305 and below The material for one aspect of this publication is to put 57,000 worth of capital in the trade divided between both directions to ensure a net gain...

DamianRichardson

The trend has changed in bitcoin. This recent action is scraping the bottom of a foundation that so far has held up its strength. It is down for the time being, but we believe that it is settling. This two hour chart highlights our way of buying low on the curve. Here is the trade. We want to be buyers here in this 15-30 point zone, and with that we...

DamianRichardson

The 11-12 area has done very well for us, as price tends to depart from that point after a matter of usually 7 trading days. Over the years we have seen moments in which the markets reach new highs or hover on the high end of their range. The VIX is a measure of volatility and when its low fear is also low because investors are not being cautious. We see this...

DamianRichardson Updated 

Buy low sell high, but don't forget to sell high. Its expensive. This one should be more straight forward, its the final version of this but I may have to edit comments $10,000 of risk for $55,000 of reward. The put options intended for this trade are spread between the strike prices below 260 but we will have more details to follow. I have been...

DamianRichardson

I have been waiting to publish this as it would seem too dangerous to short or buy put options in a stock that trades in 4 to 5 point ranges and consistently raises the ceiling nearly every day leading up to and past earnings. The average true range of this stock has been way out of proportion and even though the news has been better than expected it technically...

DamianRichardson

How this trade might turn a penny into a nickel. This is just an exercise in theoretical technical analysis but lets explore the relationship between Bitcoin (major) and Elf (minor) and how the large cap cryptocurrencies impact the smaller caps. There is a reason for bitcoin to go down as it gets a "breather" and that may weigh on ELF making it a buying...

DamianRichardson

We are interested in this stock going up. It would be a good idea to buy some, there is no reason to use puts as protection at the moment. The reverse of the downtrend has begun, lets look at why this is a good idea Rationale for the Trade underpriced stock with a decent business earnings misread, or the expectations were set too low the depth of the...

DamianRichardson

NYSE:UBER Technically speaking UBER has been trading with a more positive than negative bias since its inception. There are many risks for this company going forward and for that reason we would like to explore options trades that benefit in prices dropping. (or even rising) I have designed this trade to benefit more from a plunge (40% or more) in UBER's...

DamianRichardson Updated 

Profit targets are set above and below. Please see the comments section for the majority of the text on this. This is the second publication of the same article.

DamianRichardson

This trade has a positive and negative price target. On the upside we expect a move to 215 or 220 and on the downside we expect price to decline to nearly 170. In recent weeks AAPL (Apple Computer) went up 46.44% and should be due for a pullback. The analysis we have conducted has provided an opportunity to make money whether the stock gaps up or if it gaps...

DamianRichardson Updated 

Fibonacci Retracement Candlestick Formations Volume This is a potential plan for the next two months or more leading into January earnings. AAPL is down 54 points from its peak and we believe it can retrace back to one of the 200 price levels that it established earlier in the summer. Since October it went from 233.47 to 176.98, a massive slide of 50+...

DamianRichardson

Faith and Reason

DamianRichardson

Fundamentals may start to firm for the dollar but for now the technicals are painting a bleak picture in spite of some short term signs of life. I am going to connect this posts to other trades with AUD, EUR, GBP, and commodity dollar pairs to sync it with the overall trend in the dollar The trend is down as indicated by the red colored 200 period moving...

DamianRichardson

Fundamentals may start to firm for the dollar but for now the technicals are painting a bleak picture in spite of some short term signs of life. I am going to connect this posts to other trades with AUD, EUR, GBP, and commodity dollar pairs to sync it with the overall trend in the dollar The trend is down as indicated by the red colored 200 period moving...

DamianRichardson

I will be writing most of the comments on this trade in the updates feature