Myles-Slepian

Myles-Slepian Updated 

VDE's weekly candle was also a strong bull that closed above the 50 EMA...many signs pointing higher!

Myles-Slepian

Lots of faith in the chip and semi conductor markets right now. I kind of see them as cheap access to Bitcoin and the other pricey crypto's. NVDA QCOM MCHP AVGO INTC AMD

Myles-Slepian Updated 

Late post but I took this one in my IRA through Vanguard last week. VOX is an ETF for telecom services (commission free since it's a Vanguard Fund!).

Myles-Slepian Updated 

Still believe this one will turn around, even after getting stopped out on the first attempt.

Myles-Slepian Updated 

I've been watching NKE interact with this strong support for a week or so. I watched the Tweezer Bottom occur and thought it was going to be the reversal...fortunately I took that trade with Paper Money. I believe the two Hammer candles that are now present might be the true reversal, so I'm taking a shot. Limit buy to protect against a continuation...

Myles-Slepian Updated 

Hoping to see an MSR form at the bottom of this channel with tomorrow's Daily candle, at which point I'll get triggered into the trade. So far, I'm 2 for 4 on the testing of this strategy.

Myles-Slepian Updated 

Nailed this with PaperMoney the last time it bounced off of this support. PG beat earnings on the 20th so just waiting for another reversal. If triggered in, I'll determine how long I intend to be in this trade at that point.

Myles-Slepian Updated 

Late on publishing this idea but here it is for performance tracking purposes. I plan a to conduct a total of 6 trades following this strategy, so as soon as profit levels are reached I will be entering into my final 2 trades. (I've limited myself to 3 open trades at any given time)

Myles-Slepian Updated 

After spending many, many hours on Jeremy Newsome's RealLifeTrading website and Youtube channel, I've come up with a strategy of my own and will begin documenting each trade for learning and adherence purposes. My Rules: - Only Buy during Accumulation or Distribution phases - Price MUST be caught between my S/R lines, mapped using the Daily chart - Price MUST...

Myles-Slepian

I believe a Long Momentum Wave is easily distinguishable here. Wave 1 traveled a span of $962. Wave 2's correction was somewhat flat while Wave 4 shows a much sharper correction, falling right in line with the Theory's guidelines. Wave 3 has been the longest by far, again satisfying the rules of the Theory. Elliot Wave Theory suggests that Waves 1 and 5 will...