Descending triangle could breakdown further. Technical breakdown. Shorting with a $3 stop following my ATR on the daily. Looks good I will remove half my position at 47.53. Then hold.
Going long on NKLA $66 /w 30 shares double down at 73. I'll exit if the uptrend breaks on daily. Target is the moon. Stop loss @ 60 Journal Entry
SPY bounce going long TVIX like a boss and lets see how it pans out. Max loss is 2% max gain is infinity. Just a journal entry. Bounce from 300 to breakout past the ascending triangle consolidation
Shorting SPX @ 2564.3 2x CFD stop is 2600 target is 2500 It looks like its close to support and it may fade intraday, however daily looks good for a breakout higher within the following week. Playing the pull back for the day
Long @ 260.04 40 shares Stop $250.19 Take Profit 280.33 Trade 9/100 100 trade Challange, Paper Trade Risking 4% we're gonna take a bigger bet because it did fall quite a bit, looks like its reversing within the last 40 minutes. Divergence on the minute chart. Lets see how it plays out tomorrow. It may pull back toward the 200 MA on the weekly. Current...
Long 40 @ 279.77 Stop @ 275.52 Take Profit @ 288.53 Trade 8/100 for 100 trade challenge/ Paper Trade Entry signals are Divergence on RSI Positive Sentiment being sent out by Trump via "we'll do anything to keep this going" vibes coming from him. BB expansion should contract. "PS this is essentially a knife catch"
30 shares @ 297.18 Take profit is 286.52, stop loss is 301.75 Max loss is 1.5%, so far I'm on a losing streak, lets see if this trends downwards a bit toward the end of the week. Trade 7/100
Long SPY 40 shares @ 306.50 Take profit is 315.18 Stop loss is 302.68 max loss is $152.80 Cost of trade is $12260 5/100 in the 100 trade challenge So far my win rate is 0% my last 4 trades have been losses. I might have to cut my targets short and just take gains from the swing early. We'll see how it pans out. My play on this one is to play the 50...
TSLA looks to be fading, putting on a trade 761.84 short stop loss @ 776 and take profit @716 (shorting 10 shares) Could fade lower back to support. I may end up getting stopped out intraday. I lost 2 trades on earlier both roku and FB stopped out. Lets see if I can make a good trade on TSLA. Looking to get out at support. CAT Active /w 4101.9 and TSLA used up...
I entered a position with Roku 30 shares short @ 126.90 It bounced off 20/50 MA and rejected the both channels (+2) RSI is trending it had some poor news with FOX and it faded passed previous support it may move lower my target will be the 200 MA (+2) $118 will be my take profit. My stop loss will be 130.2. Max loss is $99 USD. 0.099% of Capital 100 Trade...
Entry @ 136.73 Stop @ 140 and Take Profit @ 129. 30 shares. Max loss is $98.1 max profit will be at least double that if it breaks support at 129 I'll add to it and hold for another $3. 98.1 is less 0.981% capital less than 1%. Good Risk and reward. Reasons for the trade - Divergence from Range previous to the breakdown as the reversal began that's 1+...
FB seems to be fading after a high volume selling off with poor future guidance, Opening a short at this level 209.50 stop at 212 my target will be 200 and if it breaks down passed its previous support I will add to my position until it either reaches the 200MA/ breaks through the 20 MA line or the trend-line I drew. Hold time is until these targets are...
RGLD Long play $114 Entry. Stop $112. Looks like it bounced 200 MA twice and it may move higher, it rejected 20 MA recently on daily. Earnings coming up, gold has been booming. RGLD may print better than expected earnings. I'll hold through earnings and double down if it breaks out past the 20EMA+50EMA into a strong pattern or into congestion around it.
ROKU has been holding well at support which is drawn or around 128. Buyers won today big time even though the market was sideways for the most part and ended red. ROKU has a big play in Brazil. I'll buy and hold from 137 and add if it breaks the channel and keeps moving passed the 20EMA+50EMA. Trailing stop of $2 will be added and expanded if it breaks out...
Shorting NFLX, 1% max loss, entry is 330.62, Exit is 336 if the trade goes against me. My target is 318 before earnings. I will exit the trade no matter what before earnings I think the stock will sell off somewhat and there is a good divergence on the RSI on daily and hourly.
I'm shorting cat with a stop loss at 1% @ 147.60 it may continue a bit lower my target exit will be 144.60 with my entry at 146.60. Making 2% if it passes the 50 MA I may add and continue holding for a few more % points. Divergence on RSI could move lower, however it may still bounce at 50 MA. Earnings Jan 31, I will exit before then.
ROKU Short trade, 1% max loss @ 140.80 Roku is in a channel could sink lower my exit will be marked in the chart probably around $136. Hold time is around 2 weeks.
Disney looks like its going to breakout from its channel. I bought some shares at 146.38, stop @ $144.80 1% max loss of capital. I have a stop buy order in place at 148.50 if it breaks out I will add more to my order and move my stop. Target will be new highs on Disney if volume is there it may happen.