Flightschool

Flightschool Updated 

If the basis is that people were working out home that's why Peloton has been up, I would asked you to challenge that notion based on their acquisition of Precor who makes most of the treadmills, ellipticals and other equipment you can find in your favorite gyms and rec centers. Decent support area shows consolidation as well and this serves as a pullback area to...

Flightschool Updated 

This is a good point to get in or add to an EOSE position as a decent trade with a good Ratio (1.75) or a hold position for the long term. MACD isn't the best looking setup but good for the long

Flightschool Updated 

The payment processor allowing crypto trading and will report earnings later this month. As always, our bread and butter at flightschool is choosing the ideas with decent risk/reward ratio. Based on PYPL's performance we could have a decent move to the upstide on SQ.

Flightschool Updated 

Accommodation pent up demand means the big players will see upside moves first. They also have a stake in sport betting so that adds to long movement R is decent again and MACD good but not perfect

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DDS looks like a good buy off this support area which includes contact with the SMA's. Great Reward to Risk Ratio if it can near it's previous highs. With everyone starting to put fashion in mind when they start to leave the house that previous high looks possible. MACD is okay but not our favorite setup but it's a good technical area where we can get 2.68 times...

Flightschool Updated 

Commodities have been on a tear lately. This trade on COPX is a good one to catch. Since the move has started it would be wise to use the first ray at 35.97 as a target if you're a little bit squeamish. Lately, the way these ideas have been moving I decided it's best to move my targets higher since by the time the alarms are triggered and I get to adjust, the TP...

Flightschool Updated 

This set up shows a decent Reward/Risk Ratio as a good spot at previous resistance to short the $US. I like the Daily charts since there doesn't need to be much babysitting even though we might have to wait awhile like we did for the USDCHF trade to hit target.

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MACD is looking good, console scarcity still exists among other fundamentals that make Gamestop appear a good buy. Trying to hitch a ride on a rocket here so the Reward/Risk ratio of 3.68 helps to calm the nerves.

Flightschool Updated 

HD has been a short idea due to macro situation and continues to trend short. Having the right Reward to Risk ratio and Money management remains paramount. Since we are not extremely late to the trend but still are late, one would be advised to take a smaller position size of maybe 1% - 2% of your trading portfolio. It also isn't the highest score trade as it...

Flightschool Updated 

Not the preference to catch these uptrends a little late but it is possible to make some profits. MACD looks great and RSI is decent. Once the trade hits TP1 or the orange line, there are more options: 1) move SL to Breakeven and extend targets 2) take profit on half position at an R of 1.08 3) move SL to Breakeven and hold until valid reason to exit

Flightschool Updated 

USD seems to be breaking to the downside. only GBPUSD pair seems to have retraced against a weak dollar trend so far while CHF is usually strong. Jumping in on a downtrend that seems slightly late is not always the best strategy but since Dollar weakness hasn't changed fundamentally, a trader can jump on the train with a small position size.

Flightschool Updated 

Using risk managment and a good view of current market fundamentals, MSOS seems to show a good entry for the Swing or Hold trader.