Hello traders! We have a new week here and after the very lazy end of the previous week we are looking forward to some new opportunities. The opening today was very big and it looks like the market is rested and ready for some nice movements. We have over 400 pips opening gap to the upside and the price has been going up all day. There were some nice intraday...
Hello traders, very strong support level raises our chances for a profitable LONG trade in the FACEBOOK market. NASDAQ:FB If you connect these points together, you will get the whole picture, what's happening in Facebook: PINBAR TRENDLINE POINT OF CONTROL ZONE VALUE AREA TRADING RANGE During this rough time it is difficult to follow the trading plan. BUT...
Hi traders, Another recap of today's ID session. Great mover AMD which I was planning to go Long in failed and instead offered a great Short opportunity. Key takeaways from the video: 1) Always be ready to be wrong in your expectations and profit from the other direction. 2) Watch for relative strength/weakness compared to the overall market! 3) Wait for the...
Hello traders, many support lvls in the NASDAQ:AAPL market raises confidence to enter LONG trades. We analyze the graph using very sophisticated tools - Market profile, Volume profile and well-known and typical Price Action. BUT! Even if we analyze everything beautifully, it does not mean that it will work out. Keep in mind that coronavirus causes panic...
Good morning, traders! yesterday we were expecting some drop on EUREX:FDAX1! , the price was very lazy in the morning but eventually we got about 220 pips drop. Nevertheless sellers were not strong enough to break yesterday's low and the price came back up. The day closed as an inside day to the previous one. What does that tell us? There were no new...
Hello Traders, today we look at Short and Medium-term analysis of BTC Daily chart. Short-term: Contrary to it's designed purpose to act like a safe haven during crysis, BTC is currently moving along with major markets. My take on this is that compared to the Stock markets, Crypto is still very young and small and more than anything fueled by fear and greed. For...
Do you want to trade the AMEX:SPY market, because you feel that we found the bottom? Every trader can see some TA pattern in the market to find the "proof". But what about our EGO? Trying to catch the bottom is like trying to catch a knife. It's very hard and it hurts. I will show you, what we do with our portfolio and what we expect from the markets in the...
While the markets are still tanking, it's time to face the truth and think about next possible major supports. AMEX:SPY