SRE clearly showing signs of reversal, moving to an uptrend. The reason for this trade is trying to join the newly formed uptrend and score a massive 6:1 Risk/Reward Ratio (RR). The 3 Long Position drawings show the exact entry, stop, and targets for this trade. I am protecting the position with a first target of 2:1 RR, reducing the total risk in 1/3. Next target...
NYSE:RBLX is in an uptrend, offering high reward opportunity on the long side. Risk 0.5 per share Position size 300 shares ( HKEX:150 total risk) 1st target 5:1 @45.66 2nd target 8.8:1 @47.56 I am placing an alert for when price approaches entry to adjust 1st target as per the price action at the moment. If stop loss is hit and price goes back on my direction I...
NASDAQ:AMD is naturally pulling back after price was rejected by key daily resistance - up on the curve ;) - coming to a zone of interest. I'll be watching price as it enters the zone and will take a small trade under the right price actions. Here's my plan for this trade: - Wait until price enters the zone - Go down to 5m or 3m chart and keep watching - Look...
NYSE:LYB is in a good momentum for the upside. This trade is an opportunity to join the trend and take a quick profit. 1st target: 2:1 2nd target 5:1 This is a one time try trade. Price hit stop loss, I won't try it again, even if price goes back up.
The world is super excited about Chat GPT 4 and the rise of the AI. And whenever a lot of people are excited, that gives us good trading opportunities. NASDAQ:GFAI is attracting investors attentions after one year with almost no trading activity and I want to profit on it. Here's my plan for this trade: - Very good trade where the odds are on my side - Will...
Watch price when it comes to the zone. Don't want to see consolidation below 3:1. Enter trade if conditions are ok. Long red candles coming straight to the zone is the best setup for this trade. 1st target - 1:1 2nd target 3:1 3rd target 5:1 Move stop to BE with price hitting 2nd. Trail stop 15min chart after that.
Trying to join NFLX uptrend on two different opportunities. I will be taking the trade on the marks shown with the Long Position Tool. Risk: 0.59 per share Shares: 169 (total $100 risk) First target: 323.55 (2:1) Second target: 327.63 (5:1) I will evaluate first target according to the chart conditions when trade is triggered. If price hits the stop and starts...
Trying to join NFLX uptrend on two different opportunities. I will be taking the trade on the marks shown with the Long Position Tool. Risk: 4.87 per share Shares: 30 (total $150 risk) First target: 325.87 (2:1) Second target: 339.45 (5:1) I will take the trade as shown by the Long Position Tool on the chart. If stop loss hit and price goes back on the trade's...
The oversold AMEX:KOLD presents us with an interesting pattern of 3 uptrends inside each other on the 15 min chart, coming from a daily reversal. The zone on the analysis is located in a sweet spot, giving us the opportunity for a first target at 5:1 and second target over 10:1. Even more if we're wanting to be patient and wait for the breakout the weekly...
OANDA:EURUSD confirmed creation of an uptrend. Looking to buy at the Long Position Tool marks. With a confirmed uptrend, I am using my usual risk amount in case the trade gets filled.
OANDA:EURUSD looks like it's starting an uptrend after a long downtrend. This trade is a little risky in an attempt to join the trend. Make your risk lower than usual due to the risk of a sideways trend instead. My first target is on the 3:1 mark and then I'll start a mechanical trailing stop, following the possible uptrend until it is finished.
The chart and entry/target/stop points shows some of the possibility for what could happen next week on petr4.
3/19/21 Risk $1.50 Scaling up trades on this pair. Note: I moved the stop loss for the other 2 trades down to where the third stop loss is.