Doing some testing with an old strategy, 1hr supply zone, 4hr divergence + fib discount
My thoughts on the us500, I recommend watching the news for any major events that could affect the chart. My main points are all annotated on the chart.
I'm posting the next 20-25 trades that I take while testing out my strategy. This is the first trade. THIS IS NOT A SIGNAL, THIS IS JUST A WAY FOR ME TO KEEP MYSELF ACCOUNTABLE.
I'm looking at a second buy on FCEL with the potential for a nice gain. This is following my strategy requirements and it is also showing us some hidden bullish divergence also. Price has provided a nice discount and I'm looking to buy at market open. I will wait for a nice bullish candlestick pattern before confirming my entry into this trade. This is just my...
Looking at a day trade position on GENI, it's following my strategy entry requirements. This has very nice potential, I would however wait for solid entry confirmation. I'm waiting for the price to potentially bounce off the support and provide me with a nice candlestick pattern to allow me to enter properly. This is just my opinion and idea for a stock, and this...
I'm looking at a potential buy on AAL with two potential entries. This is following my strategy requirements and this company is a very good long-term hold, in my opinion, if you get in at a discounted price it will be worth it as long as you sell before the potential market crash. This stock should go back up as vaccination rates climb, so it should be decently...
Swing trade short based on my strategy, let's see how it works out.
I'm looking at a potential buy on ANGI with the potential for a nice gain. This is following my strategy requirements and it is also showing us some hidden bullish divergence also. Price has provided a nice discount and I'm looking to buy at market open. Price also didn't break the previous lowest low, it formed a higher low so I have good thoughts about this one....
I'm looking at a potential buy on FOLD with the potential for a nice gain. This is following my strategy requirements and it is also showing us some hidden bullish divergence also. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade tomorrow.
Looking at a day trade position on AR, it's following my strategy entry requirements. This has very nice potential, I would however wait for solid entry confirmation. I'm waiting for the price to provide me confluence in the form of a bounce off the support with a candlestick pattern to follow it up. Ideally, id like the price to bounce off the support with a...
Looking at a day trade position on ENLC, it's following my strategy entry requirements, and it's also showing some hidden bullish divergence. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade.
Looking at a swing trade on HOG, its following my strategy entry requirements, and it's also showing some hidden bullish divergence. This is just my opinion and idea for a stock, and this is not financial advice. Let me know what you think and let's see what happens with the trade.
This is what I think AMC will do. If the price returns back down to $36 then I assume we can see a repeat of the last move, with less potential this time around due to the overall price consolidation with recent price action. Realistically I'm looking to make a buy here at $36 and cash out at $44 again. Nobody can ever predict the market, this is just what I...