


LesJack
EssentialPrice struggled to break through last weeks high. Speculating price to continue to struggle and test the monthly low. Once price gets to the monthly now I will play it by ear to see where price might potentially head. Over all bias is bearish to take out downside liquidity and last weeks low.
Shorting GU due to my DSY long sentiment. Last week GU formed a double top on the 4 hour time frame as labeled by the blue box. The double top also rejected off of the bearish trend line. I speculate that GU will sell down to the pivot level of 1.37600. Once it gets to this area I will see what the market gives me.
The DXY is approaching a key level around the 93.00 area. There seems to be resistance at the 92.800 area. Will go bullish until 92.800 and wait for potential reversal or continuation. On the daily item frame DXY is bullish, the slight bearish run last week might have been a healthy retest before the continuation on the bullish run.
Fairly new trader, (Less than five years) Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated. Considering that the dollar is setting up for a bearish move, I am looking for EU to go bullish. EU has rejected off of the 1.18100 level. Looking for EU to reach 1.9000 if there is...
Fairly new trader, (Less than five years) Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated. Considering that the dollar is setting up for a bearish move, I am looking for NU to go bullish. Have some consolidation around a major psychological level of 0.71000. Waiting for a...
Fairly new trader, Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated. I have the DXY setting up for a short move at or around 92.800. I speculate that it will short until the 92.00 area. What backs my bias is that on the 4H time frame the dollar has been selling off, it hit...
$COST beat earnings and broke out of the 4 hour resistance level. I speculate that it will run to the daily resistance level of 388.09. If it breaks this daily level over the week it will move to the blue box which is my target area.
CRM closed with a bullish engulfing candle on Friday. It also out performed itself on earnings which is a good sign that this pair will run in the week as well. If it breaks the 4H resistance level I speculate that it will continue to My target profit in the blue box. have to wait on pre market to see how it performs.
NVDA is extremely over bout, looking for a retest of the 687 area before it breaks 4H resistance.
$CHWY is one of my favorite tickers to watch and trade. If CHWY breaks 77.21 it will go for a bull run. It looks perfect on the RSI so it still has potential to run some more before a nice little pull back. Once CHWY breaks 4H resistance i speculate that it will go to the Daily level
AMD is bullish, waiting for a break of the 4H resistance before entering into calls this week.
Amazon is respecting the bullish flag downtrend. Looking for some puts. If breaks 3189 it will head to the second support level which is also my target profit area.
Fairly new trader, (Less than five years) Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated. Considering that the dollar is setting up for a bearish move, I am looking for GU to go bullish. Had a huge bounce on the major physiological level of 1.37300. Even though it still is...
Fairly new trader, (Less than five years) Publishing ideas to sharpen my skills and get feedback from more experienced traders. Any and all constructive criticism is appreciated. Considering that the dollar is setting up for a bearish move, I am looking for AU to go bullish. There is rejection off of the major psychological level of 0.73580. Waiting for other...