Here's the details of my trade Short on AAPL.... I previously shorted APPL for a trade from $255 to $244. Unfortunately I did not fully maximise my profit. If you watch the video I explain where I missed a signal that could have allowed me to gain more profit. Nonetheless, I made a profit! So let's celebrate that. The original pattern and trade is still in...
Here's the details of my Short trade on BTC... Watch the video for more in depth insights into my trading strategy and feel free to comment and share! Daily Chart: - Head and Shoulders Pattern - Volume - Following textbook head and shoulders pattern - Divergence on the RSI and MACD - Head failed off long term resistance - Recent false break at 100k Highlighted...
This is a continuation to my previously posted trade... Unfortunately I stopped out on the previous trade. That's my fault. There's additional analysis I did that helped me understand where I missed. However, the pattern is still very much in tact and the opportunity still exists. Here's a summary of what I go through in the video, but most important is watch...
NASDAQ:AAPL Here's the details of my trade Short on AAPL.... Daily Chart: - QQE Signal Short - Divergence on the RSI - Cross down on the MACD 4hr Chart: - QQE Signal Short - Strong Divergence on the RSI - Cross down on the MACD Fundamental Support: - PE Ratio overvalued at 42, historic PE ratio range 12-28 excl Covid 2020 - Buffet has cut Berkshire...
SP:SPX Here's the details of my trade Short on SPX.... Daily Chart: - Rising Wedge Pattern - Strong Break of Support Line (Fed Announcement Dec 18th) - Retest of the Support Line - Break back down from the Support Line and below 50 day moving average - Divergence on the RSI Fundamental Support: - Buffer Indicator 203.7% (Near all time highs) - Buffet...
AMEX:UCO NYMEX:CL1! Here's the details of my trade Long on Oil (CL1!) - Position in UCO.... Daily Chart: - Falling Wedge Pattern - Break of Resistance Line Dec 11th - Retest of Resistance Line 3x - Inverted Head and Shoulders Formation - Break above Inv H&S Neckline Fundamental Support: - TBH, for oil I rely 90% on the chart formations. Fundamental...
Here's the details of my potential trade Short on BTC.... Daily Chart: - Head and Shoulders Pattern - Break and weak retest of 50 day moving average 4hr Chart: - Death Cross 50 MA over 200 MA (first time since Sep 4, 2024) Recent Developments & News - See my SPX Idea, the S&P has both a Rising Wedge and Head and Shoulders, making the overall market...