Trader_Joe_Lee

Trader_Joe_Lee

There has been crazy sector rotation these couple of days. Most of the tech stocks and Chinese ADRs encountered a sold-off. It's the time to choose direction and it did give an inside day for us to take our judgment. If it's able to break to the upside, that means the 0.618 is playing as a support and it's time to long; If it's able to break to the downside, that...

Trader_Joe_Lee Updated 

Inside bar after new high is always one of my favorite trades especially when it already finished 8EMA correction. Of course, this kind of trade will long something at an unbelievable high price, but all it wants is the momentum to bring us to the 1:1 area. To be clear, the message of this kind of trade is "if it can break to the upside, I would like to long",...

Trader_Joe_Lee

It just broke the B point, although there are still 150 pips away but it still worth planning! There is also a hourly demand zone around 1.3230, so my plan is to wait for 15-30 min reversal sign at between 1.3230-1.3260 to long. While again, no implication of the CD move at all!

Trader_Joe_Lee Updated 

inside 30 trades dominated EURUSD since yesterday, Here comes the fifth, it's still worth trading for me if it's able to break to the downside. I did the 2nd one yesterday, nice little with-trend trade. If it broke to the upside first, this trade doesn't exist anymore! Never predict the direction of inside bar trades! Let's see how it goes!

Trader_Joe_Lee Updated 

Gold had an inside week last week, and it also has a hourly bearish gartley pattern. This trade is pretty much a little intraday trade as overall, the gold is turning bullish gradually. The inside week breakout may be a great confirmation of the bulls; while before that, using the inside week high as a resistance and a hourly bearish gartley pattern intraday...

Trader_Joe_Lee Updated 

There is still 45 minutes left to close as a inside 4hr, so let's wait! If it's able to close as a inside bar and break to the upside, it a worth trying long opportunity! I'm happy to have 400 followers on TradingView already! Thanks everyone for following me and I wish you a happy Thanksgiving! Please reply me any question, opinion or suggestion on my...

Trader_Joe_Lee Updated 

CVX dropped after its earning report, and it gave a inside day breakout afterward. At the same time, the oil price rallies a lot that is very close to the important pivot. Being bullish about oil but not willing to chase the high before the resistance, long a oil company may be an alternative. Often times, a demand/supply zone is formed by inside bar...

Trader_Joe_Lee Updated 

In a intra-day trading perspective, BTCUSD has finished several bullish harmonic patterns in a row. Indeed, all of the patterns I draw are imperfect X point, while you won't get too many great X point to trade in a daily basis. My view for imperfect X point is neither non-tradable nor non-referable, but a better confirmation entry is a MUST. Here there is a new...

Trader_Joe_Lee

C just broke the B point, which makes this harmonic pattern more referable. There are still some rooms to hit the entry area, while it's a worth trading long opportunity if it can be pulled-back there. 67 is not really a very important fig support, while I believe there will still be some institutional buy limit orders there. I would like to do 2 entries of this...

Trader_Joe_Lee Updated 

USDJPY has retraced to daily 0.618 area, and it did have some sort of support which formed an hourly double bottom reversal sign. Accordingly, an 2618 long is a worth trying trade for me as it gave multi time frame continuity. It's important to see if it can pull back to the entry before making new high, as if it makes new high first, it may influence the entry...

Trader_Joe_Lee

SPX500 encountered some pressure before 2600, and it may form a bullish bat pattern. It could create solid long opportunity, while an at least 30 min reversal sign is required (like the hammer yesterday). Overall, a pull-back before 2600 is more than reasonable and expectable, but compared to a short off resistance, I'd more like to long the pulled back! Let's...

Trader_Joe_Lee

BTCUSD has a 4hr 2618 and demand zone combination. While as it may keep on making new pivot high, it may influence the 2618 entry, so keep an eye on it. I'm not quite familiar with Bitcoin trading; I'm just trying to apply the trading skills I learned to different kinds of vehicles.

Trader_Joe_Lee Updated 

USDCAD has a XYAB and 2618 combination long opportunity. The trade looks very in line with this 2 strategies, the only thing that's a minus is the weekly inside bar breakdown. Still, in a day-trade perspective, this trade is good enough to trade! Let's see how it goes!

Trader_Joe_Lee Updated 

I don't really know too much about this company, but my sister says that all of her single friends are using their product. Often times, a good trade comes from our daily lives! Let's go back to the chart. An inside day after historical new high is one of my favorite trade as there are not really much upside resistance, it's a classic momentum trade! Let's see...

Trader_Joe_Lee Updated 

To start with, yesterday was an inside day and it hasn't broken either side yet. In a choppy market, harmonic patterns can provide several "buy low sell high" strategies. In a intra-day trading mindset, my idea is to wait for reversal sign @ 1281.5 to short, and reversal sign near 1273.5 to long. Again, the markets are never wrong but the opinions are. So I...

Trader_Joe_Lee Updated 

It's my third time to post AMD trading plan on TradingView, luckily enough, the previous 2 were amazing trades. While as a huge part of the tech stocks rallied on Friday, AMD showed terrible relative weakness after its Q3 result. So again let's regard the chart! 0.618 retracement was able to catch the 2 rallies for AMD ( of course you need to close all the...

Trader_Joe_Lee

GBPUSD had a very volatile week with the interest rate hike and the non-farm payroll. It's too early to be optimistic on sterling in regards of how the price reacted to those events. My game plan is to wait for reversal sign @ 1.2960-1.2990, to see if it can get support there. If so , it could be a good opportunity to long GBPUSD in my perspective. In terms of...

Trader_Joe_Lee Updated 

Noticed that the non-farm payroll is on the corner, so this trade is very risky. The intention is to getting the 1st kick before the news, trail the others, and participate the potential volatility. * if it breaks down 114.00 first, this trade doesn't anymore.