+ Very Bullish pre & post covid, even more so post pandemic as an increase in online businesses and sales as a result of distancing etc + Regulatory fine may create opportunity for a long term entry
- Slightly unknown consequences from stricter Chinese regulation , how will future regs impact price - Incoming Fines effect on stock price.
Entry details are shown on the chart.
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade....
BABA trade entry with nice tight SL, still open and running
BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +4.28%
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage...
great buy spiked up from the weekend! now running +3.35% acc gain
Stocks strategy file now released! below youll see our list of stocks we have found optimal settings for!
DAX - DE30EUR
BA - Boeing
SELL triggered on BABA at 276.95
The exchange rate reached close to the correction level of 135 usd. The first rising wave structure is expected to reach 160 usd, and then a correction is probable to 149 usd levels. Then we predict the second rising wave structure to the level of 190 usd. At this level we expect a longer sideways motion. With two values between 167-189 usd. Then we are waiting...