Nicolas_Pradel

Nicolas_Pradel

On the past 2 years, round all the bearish engulfing with an important asymmetry between the red and the green candle (a ration above 8 to 10) were sell signal. 5 patterns, from the 2020-09-16 to the 2021-10-08, mean drop the tomorrow (D1) at the closing from the closing price of D0 : -1.2% (and -1% the day after tomorrow (D2) from the end of D0). For all...

Nicolas_Pradel

We are still in this lengthy uptrend, so when you don't know if it's going up or low the best is to long. If you would wager later the trend could be even higher and your stop-loss will be too low, so you R/R won't be adequate at all. By playing now you can win a lot and lose not so much. There is a third possibility: a double top or something like that. I...

Nicolas_Pradel

One the one hand the price just gone above the resistance. One the other hand there is no sign of correction... I would advice to close your long position. And to wait for signs of correction to start to short the Nasdaq 100 until it touch the support.

Nicolas_Pradel

The bounce on the support, the SAR up, the Squeeze momentum up, the MACD up, the gap... If you don't buy now you could perish from bull kick. Use the support as stop loss, the resistance (or more) as target, buy at closing price.

Nicolas_Pradel

Still no sign for the end of this correction, wait a bit.

Nicolas_Pradel

Today the Nasdaq 100 gets too low too fast (look at the CCI). Time to buy the Nasdaq 100 (with 3 leverage effect: TQQ) at the closing price today, to sell it at the closing price tomorrow (we are still in a stong correction of an uptrend). Put your stop-loss at -0.75% of the closing price of TQQ... Enjoy!

Nicolas_Pradel

On the past16 months, this volume indicator was very accurate in order to detect a correction. Each time it crossed down the dashed line (+ parabolic SAR up and/or squeeze momentum confiming the movement), a correction was met. This method was very accurate (had a great sensitivity and specificity). The only exception was 1 to 2 months ago (by the way the squeeze...