In this video I describe trends, what the are, what a proper trend should look like and ways of indentifying a trend. I cover the following tools to identify trends: Trendlines (with consistency) Internal Trendlines Indicators: Linear regression, EMA, Channels/Bands Pivot swings I think no matter how YOU define a trend, it should be the following...
In this video, I draw random lines on the chart to prove a point. I think we need to ask ourselves the following questions to become better traders: How will I define support and resistance consistently ? How will I use support and resistance in my trading? Do I need support and resistance in my trading? Is support and resistance a reliable measure for...
I'll be day trading live this morning. Come see how I look at charts.
I'll be day trading live this morning. Come see how I look at charts.
I'll be day trading live this morning. Come see how I look at charts.
I'll be day trading live this morning. Come see how I look at charts.
I cover multiple stocks in play this week. CIVI, GPS, HIMS, DD, ROL, APA and a few more. Throughout the video, I provide entries, stops, and take profits. My thoughts on price action for each stock and why I think the stock is in play or not.
I'll be day trading live this morning. Come see how I look at charts.
Looking for a trend entry after DD reversed from a climatic downtrend. The indicators show a new momentum high after a climax. We also see a zero-line entry that was carried out very well. Price is at the top of the band so we are looking for mean reversion with a limit order.
After a solid push higher, GPS consolidated and then seemingly broke out. GPS just hit the top of my bands with a new momentum showing on the oscillator. I am expecting a pullback and have limit order currently set. As price moves I will adjust my limit order until it is either hit or I think the trade is a no good.
On the weekly chart, BTC made a 50% retracement that was very close to being invalidated. The target on this weekly move is $53067.5. Unfortunately a few things need to happen before we can see these levels. The first is an invalidation of the 50% retracement on the daily from recent highs to lows, which is at 45052.61. This would invalidate a bearish move to...
In this video I cover the following Finding a HWB on the daily, which reached its profit target Invalidated HWB long the led to looking for the short HWB Leading indicator BANK making low highs and lower lowers Tick chart making the high of the day at trade execution My first HWB profit target lining up perfectly with a tight range (price magnet) ...
Here I show some of my thoughts on taking a HWB trade for the week. I break down some of my process and my thoughts behind the trade. Fingers crossed it plays out :D
Nice setup with 15 minute confirming. Channel support of channel in 15 minute being respected. one minute half way back.
Correction to what I said, we DID NOT fill the gap yet so a little more incentive for the market to get to 4813.50.
Perfect trades to their profit targets. HWB short in the 15min lined up with the first HWB in the 5 Second HWB hit a 3:1 but, might not hit the profit target. Along with what I mentioned we are also in the bottom of a longer-term range.
This is secondary update from what I am seeing in price action. Will not go long update 61.8 level is broken on the short side in the 15 minutes.
On the 15-minute, I identified a range and a HWB (Half Way Back) that had the potential to hit both the bottom of the range and the profit target. There is also a wedge that has formed. The daily is also at the bottom of a channel and triggered HWB 8 days ago. The only issue on the daily is that there is a lot of choppiness since reaching that HWB. Entered a H2...