So you can see we JUST held the zone and then fired off triggers..and got a little rally after it.. BUT now we gotta watch for the hurdles cuz this is trending lower on some of these time frames so this is how we manage a live trade so we dont let a winner turn into a looser. Some people do some options play that helps hedge the position If and until we break the...
Bitcoin is still in a solid uptrend as long it can stay above this zone. Its gotten above 95% of the hurdles.. longer term this is looking bullish..we still gotta clear the rest of it..but if we hold the zone i think we will and then that opens the door for targets which takes this thing MUCH higher longer term. So here are the levels you can trade agaisnt. NO...
This guy has monthly support down here. As long as oil can start finding a floor, This one looks really interesting from not only a trading perspective but something you can put away for a couple year for an investment. Like always we brake the zone, then im wrong and get out. Wait for triggers. On this one id use a daily chart...5/13 EMA cross over ( if your...
Remember that setup in aramark? This is why we wait for triggers.. The triggers WILL help filter out zones that just wont hold.. and lets be clear, just because you get a trigger , that DOESNT mean the trades GONNA work. This is trading. We play the probabilities. You have a much better chance of the trade working out with a trigger then without. Triggers HELP...
Alright abbv has hit its first target..Now this DOENST mean this tops out the move..It can but its doesnt happen all the time so i dont use it that way..i use these targets to help me manage the trades. So were at the first target i put up a week ago or whatever its been now..so at target number one im taking between 25% and 50% of the position off and trail a...
For anyone whos interested in my work.. we have that setup in MCD..now we wait for a trigger..please dont just buy the zones..thats very risky.. Getting trigger will put the odds in your favor. 8/34 EMA cross for conservative triggers 8/21 EMA cross for aggressive...both used on the 30 min chart.
Alright abbv is coming up into targets a little higher. This is when we wanna start managing the trade. I like to take some profits off at the first target and then manage however you manage a winning position. Trade management is more important then anything else in trading. Defining your risk on the initial buy and the managing the trade. Everyone has levels to...
Oil has its next hurdle to get through. Hurdles are zones in the way of higher prices. if we can clear this, this opens the door for much higher prices in oil. The daily is in a downtrend so you have to watch where this could fail on the way up. This is also a place people that wanna short can short against. Thats up the individual person. Some like to just manage...
Abbvie like many other trades has followed through very nicely. Its up about 7% since the trigger. This made a killing on the option plays we did
Ive already posted this setup..but this is why were looking for a potential low coming in down here for oil WITH a trigger. These two swings are very similar in price. Easy way to find TRADE setups. This DOES NOT mean this has to be the low. Its a trading decision. NO TRIGGER NO TRADE