Beautiful morning when you take a win on oil. This one will cover the heating bill for the season. All Glory To God I can cover someone else’s heating bill this winter as well. You have to be obsessed if you want to make it in trading. You’re only as good as your last loss.
I like the structure. Set it and forget it. Will wake up with some gold coin. Or a Loss. Either way, if you have good risk management you can manage a good nights rest. Trade safe. Cheers!
Set the alerts. Set the brackets. Set the trade. Then get to sleep. Will we wake up with a win. I’ll dream on it. 1hr strong close up. We have a structure shift. My entry is set at the area of value where the un filled orders were left behind that originally created this push up. 2:1? 2.5:1? We’ll see. My data says 2.5
I am shorting momentarily. Small retest then off to the moon on the rate cut news. Perception is everything. The rate cuts aren’t what matters it’s the talk of the rate cuts that matter. As we have seen. Follow the Fed to get fed?
If my move doesnt happen off of the newest demand zone I will be looking in this zone for entry. Trade smart yall! Remember risk managment is the most important aspect of your trading journey. Keep a cool head if you lose, and especially if you win!
Been a while since posting my thoughts here, I have been working on something that is GOLD. Supply and Demand can often be overlooked. Trading can often be over complicated. Back up and study the basics. Supply and demand characteristics of the market are the most rudimentary but often the best way to creaete a system that brings forth consistent gains. How many...
Been a while since I posted an idea here, it doesnt matter what Ideas I post, it is more important to learn trade psychology and understand your risk reward, you can enter 1,000 trades with bad risk reward and never win. Or you can step into the arena, get beaten up enough times to finally snap out of it and find your way. Why risk it to make the biscuit?! TESLA...
Some of the top strategies I use. But I finally narrowed it down to using only specific one extremely profitable setup that I am currently running sea trials on. More on that below. "Support and Resistance Bounce" This strategy involves buying when the price reaches a level of support and selling when it reaches a level of resistance. The 21 moving average can...
In review. I see a lot of people complaining about "chop" lately. These are not the people to be following in my honest opinion. There is opportunity in all markets it is just a matter of risk management and being able to navigate the choppy waters. Circled some of the opportunity I took in this "Chop" A week in review these are some of the best trading days I...
Looking for a bit of a recovery for some relief of this massive bloodbath that is the tesla stock price.. Broke above channel. Calls up to supply zones from here.
See last few bottoms. Currently double bottom. Ride the wave back up. Or down..
Respect the channel Has more to go today then bounce back up. Wait for a good few green bars off this support for entry long and keep it simple. Cheers!
This is the single most important thing I learned trading that elevated me to the next level. The cleaner the chart the better. Sometimes you have to start with clean slate. In this chart you can see clearly what is happening in the market. Big money knows best. Ride the wave with them... It doesnt have to be perfect, find your zones, Wait for two red or two...
Hard in the paint painting this chart red with 100X margin puts. This ape ran out of bananas. Yehawwww!!
After large sellofs we saw an uptrend in this channel here. With a few breaks above channel as seen by triangles and dipping back into the channel it gives me some indication that it doesnt have what it takes to stay above that upper trendline and cannot break above this resistane channel. Each break above decreased in size and failed to do so in the last attempt...
Buying value around 168 after this gap down to gap fill potentially pre market. Waiting for call opportunities for possible H&S fill out (zoom out) and back up to 196 then 224 Trade safe have fun! Follow and like for more updates