emehoke

emehoke

Do we like this bull flag? Yes, we do. If I took my own advice, where would I buy in? Break of 13.20. The only thing I don't like is that it's deep in the fib to be a bull flag, however, that problem is solved by only buying at the break of 13.20.

emehoke

I think this is a really strong buy. It could definitely go down, and I would be sad, but it wouldn't be the first time. The uptrend looks so picture perfect to me. I really don't see how the bulls don't run away with this one. It's been a terrific stock to own lately. To me this looks safe to pile in. I highly encourage you to look at the daily and the weekly...

emehoke Updated 

I am mostly just trying to keep my TA fresh. I am starting to find this is a really relaxing process for me. On the fundamental front, I don't think I like airline stocks at the moment. I read that airline stocks typically perform poorly when oil prices go up. I feel like oil prices will probably go up in the Biden administration only because that is a...

emehoke

I think the chart explains it as much as possible. There is divergence in the CCI(20) as well. And I didn't look other places but I can guess divergence will appear in the other indicators.

emehoke

I think I'm in the wrong place.

emehoke

If I use the same price ratios as the first 3 impulse set, then apply that to the future this is what that would look like. This is very much for entertainment only. Please do not send me your murderous intent. :)

emehoke

this is like the most obvious inverse h/s i think i've ever seen. and it has double bottom on the head. better put your life savings in. dont tell price what to do. dont get your money stolen from the exchanges.

emehoke

I'm thinking it will head down towards the lowest trendline before continuing up. That seems like something an efficient market would do.

emehoke

Hope everyone made it to the weekend in one piece. Glad to say this week was a profitable one for me. That makes two in a row! Basically I am only meeting expectations at this point, but it feels good. In address to my typical bouts of insanity, I have once again seen countless opportunities go by and often done nothing about it. Staying profitable is the name of...

emehoke

Whether you "put on" the straddle or "leg in" to it, all straddles are legged out of. In this case we offloaded the puts we purchased 2 days ago for a loss, and are now holding the calls in an attempt to let our directionally correct side appreciate. --- I have an issue with this strategy --- The idea is that we are taking advantage of the delta valuation of...

emehoke

Everything should be in the reading I included with the chart. If I missed something let me know. If this led you to confusion ask away.

emehoke Updated 

Looks like a perfect 5 wave Elliot followed by 50% ABC correction. I'm starting to look for these more, and I feel like I'll be able to trade them soon. For the moment, the only trades I'm getting into are when the market tells me which way it's going and I get in along with it. That means linebreaks, so I'm waiting for the down-trendline to break to the upside.

emehoke Updated 

I consistently struggle buying in on the run-up following a sell-off. Yes, I can survive buying the second and third impulses, however, if I want to be the big boss someday this is something I need to learn. I do have line breaks that allow me to buy in an objective fashion, however, I can't get rid of this feeling that price is going to go down forever. Does...

emehoke

It could also be an entire universe of other things, but these are the cases for our bullish bias.

emehoke

If this doesn't work I will make me feel like an idiot. I spent a lot longer on the scanner than usual trying to find a "perfect" setup, and I finally came across this picture perfect up trending action. The chart as a whole is not great up trending overall, but this recent action is enough to fool me. This to me looks like the chart is saying buy buy buy. If...

emehoke Updated 

Today I have selected Amazon (AMZN) as a good stock to straddle because it is reporting earnings in 3 days (actually 2), it is reporting earnings after market close, it is a highly liquid stock, and it has shown previous volatility during earnings reports in the past. ------------ This will be a 3 part series detailing: 1) Selecting a stock with intention to...

emehoke

Any dedicated live cattle traders, I would love to hear your take! If you are there is no need to read what I have below. You would probably find it very stupid. ------ I do not understand the fundamentals surrounding this market as far as when the high prices are. Doing a quick google search I see from the first image brought up that typically live cattle is...

emehoke

The ag's have been hotter than bitcoin this spring, and I've been so stuck in my little learner's bubble I barely noticed. I'm looking at corn thinking this is some buyer exhaustion, but I also see that typically corn prices stay on the rise through June/July. This zone I have highlighted seems like a really friendly place to enter the market, however, I don't...