Kangaroo-Market

Kangaroo-Market

57% earnings surprise stops under the low of yesterday or below 40$ for a longer term trade

Kangaroo-Market Updated 

we had the acceleration that happened at the beginning of May and after that the price went back into the channel usually this is a sign that we will have at least a pullback remember that for every trade I start small and take action after, depending on the PA

Kangaroo-Market

55% earning beat is pretty good same strategy: if this gap is not holding, we close our position if the price goes below 10dma we exit

Kangaroo-Market

200% earning beat waiting for the 15min candle to develop and put the SL at the lows of it if the price goes below 10dma we exit...

Kangaroo-Market

57% earning beat is pretty good same strategy: if this gap is not holding, we close our position if the price goes below 10dma we exit

Kangaroo-Market

looking close at the chart this week decided to go long here looks like a false brake out from the channel and holding the only thing that makes me wonder is the 61.8 fib on the weekly TF that is not touched two ways: tight SL below the wick SL below 61.8 with less size

Kangaroo-Market Updated 

being this aggressive I believe that at least a correction will happen since we have the horizontal support starting years ago small size at the beginning and adding after

Kangaroo-Market

with this move usually we can get at least a retrace depending on the move up(if we will have one), I will add also VIX is again at low levels let us see how much we will stay there

Kangaroo-Market

43% surprise can push this company higher? big green volume on this day also(TC2000)

Kangaroo-Market

14% beat is good enough for me :) will be stopped out if the gap will be filled

Kangaroo-Market

will be stopped out if the gap will be filled lets see how the sentiment will be today

Kangaroo-Market

44% beat is good enough for me :) will be stopped out if the gap will be filled

Kangaroo-Market

for the next few weeks I believe we will have at least a bounce from this area volume is increasing in the last month we are below the 2020 lows and all this price action can be a false breakout from that area(only a guess) remember: I am treating it as a long term trade

Kangaroo-Market

Decent RR with the VIX in this area Also at the support of the channel Lets see if the earning will be a catalyst to the move up in the VIX

Kangaroo-Market

I believe the best way is to buy dips on this pair until it will reach at least 0.75 maybe we will have an extra change with the JPY getting stronger.. of course, I will not get all in from the start, since it can go much lower

Kangaroo-Market

the stop loss is far away, but I will treat this as an investment, not a quick trade

Kangaroo-Market

reasons for long: -6.7 psychological level -6.7 is also the target for the H&S -decent R:R for me and my money management -price accelerated to the down side before this potential reversal / -diverging on multiple timeframes but not daily :( -618 fib level

Kangaroo-Market

95% from the highs clue: this pattern exists only because Christmas is coming