Looks like there is more fuel in AMD down

... looks like the price wants to reach for the pigs sitting in 30-jan and 21-feb at 163$ because the range 25-jan to 28-feb was full of guys for down and the move 29-feb was played by the BigMoney in a lazy way so that many of you left in the places marked as PIG.

Now the bears have been fucked, from 8-march we must take care of the bulls. The bulls can't believe (according to the chart) it is going down ... good setup for down.

IDEA: look today for short in the direction of 163$
SL 194

Comment:

Don't forget: "trading is reactive and not predictive".
This is an idea, but you must fly the idea by yourself. The price target can change depending on what is happening.

And don't forget to support the Belorussian and Ukrainian freedom fighters, otherwise your Karma is spoiled and you loose all the time.... is true.

Trade active:

I am in at 187$ (short, clear ...)
If drives me into RED will increase.
Cross fingers

Trade active:

Friday 22 the move was stoped by some fellows who believe in ICT because there was a classic pattern with FVG saying this is the bottom. Plus, there is a "head and shoulders pattern" and for VSA lovers the formal "overhigh" where I started the short. Everything for everyone for UP.
I tend to think move deeper direction 163$.

Why? ICT is based on a wrong assumption saying a mysterious algorithm protected by not less mysterious people is in control of all moves in the market. I consider ICT to be not more than a smart YouTuber making hundreds of Videos of something you can explain in 30 minutes and his principles of trading as good/bad as the rest of systems saying that price must something based on a legend (something you can't even explain without a smile): bounce from "support and resistance lines", must follow the Fibo numbers or news influence the price all the time or whatever...

By the way there are news "China blocks use of Intel and AMD chips in government computers, FT reports".
... "A, the news! VonHalle is lucky."
OK, cross fingers further, anything can happen.

Please write in comment, who has made a donation. I do ideas writing only because of this. If there will be no 10 people, writing me they have donated, I will post no ideas. Thank you and piece to all your families.

Trade active:

... Increased short @ 182
someone decided to play pranks today ... OK, good sense of humour.

Trade active:

LOL, company looses 15% of the sales market over weekend, shares are up 1,5%

Trade active:

... closed yesterday the increase in short I made @ 182$ to bring the position back to standard size.
China news turned out to be less dramatic than announced.

Still we are in a down trend. ICT, double shoulders and whatever didn't work yesterday because we have a new lower low.

Trade active:

...IF they fail to do anything significant today (the last trading day of the week), we will get a situation: a strong move down for 2 weeks into an area where we assume demand, and a sneaky response this week in that area with low volume and no progress.
For me, this means that next week we can try to continue the decline, since I do not see the bulls having the strength to respond...

Trade active:

+40% to position at 182,6$

Trade closed: stop reached:

Out at 185
May be next time....

Comment:

Not always possible to switch off the human...
... the analysis was good.
Probably, next trade will be better. )