Earning 4/26/2023 After Market. (Positive)
GAP Open in Supply Zone
Short Sell 240
Stop 250
Target 180, 155
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Order BUY META NASDAQ.NMS Stop 103.91 LMT 103.91 will be automatically canceled at 20230401 01:00:00 EST
META 2D exhaustion volume wave 3 wave C correction. Also, in despair phase of the bubble below mean on ALL timeframes.
*At 15 min timeframe, price is at support of 200 - EMA.
HDFC will also open near 1460(whole number) and Volume profile is also strong on this price.
If price open AT 1460 then first resistance rectangle(1465-1468) and may give sharp fall till 1444.
We can take new entry from this level(1444) to day's high OR may be it break this level(1465-1468) create a support...
Hello traders and investors! Let’s see how the SPX is doing today!
First, in the 1h chart, we see that the 4,500 is a very strong resistance, as we thought. Yesterday, we closed exactly at 4,500, and today, we are trying to break it again.
The SPX is in a short-term bear trend, and there’s no bullish reversal sign on it yet. However, if it stays above the 4,500...
Hello traders and investors! The SPX is going up more than 2% today, which is not surprising at all to us, as we already identified yesterday that it was the moment to buy.
But what about those who missed the opportunity? Many investors freeze in days like yesterday, and don’t have the guts to act. Is it now too late to buy? We’ll see.
First, in the 1h chart,...
Irrational Exuberance! Bad news is good, good news is gooder!
The gaps tell all. Measured move from the runaway gap ought to end up around 388 +/- 2 pips.
There must be and certainly will be a pullback from a last exhaustion gap, may gap up sometime 1-3 Nov.
Fed minutes on 3 Nov may be catalyst for pullback. Likely pivots shown, 1/3 speedline most likely, given...
Hello traders and investors! Let’s see how FB is doing today!
First, we see that FB is clearly in a bear trend. There’s nothing that could help FB now, unless we see a clear bullish reaction. As someone who is out of FB, I’m more tempted to buy than to sell, as the risk/reward ratio favors the bulls.
If we fill the last gap, it’ll confirm an Exhaustion Gap,...
Hello traders and investors! Let’s take a look at SPCE today!
Yes, SPCE is dropping sharply, we have no reversal sign around, and there’s nothing telling us it’ll stop dropping. However, we have some key points to keep in mind.
Since we lost the 21 ema and the gap area (yellow square), which was indeed an Exhaustion Gap , I think we can work with...
FX:AUDUSD
Hello traders. My eyes this week is on the Aussie's pairs, Why???
Okay, first Aussie dollar index is about to confirm a Head & Shoulders reversal pattern in the daily chart.
And what caught my attention, is the beautiful floating Island at the top what tells us to be ready for a trend reversal.
Traders, get ready for this move and stay tuned and make...
Banks are raising the reserve lvl in anticipation of the rising loan default. Facing weaker loan demand, banks tightened standards across all categories of residential real estate (RRE) loans and across all three consumer loan categories. In addition, banks also tightened their standards and terms on commercial and industrial (C&I) loans to firms of all sizes.
The inside day itself is a very good trade,
Also, if it breaks to the downside, I'll be interested in the exhaustion gap long.
Let's see how it goes yo!
WDC ran speculatively out of a retest of its recent short-term bottom. A gap series formed with an exhaustion gap below resistance from the failed attempt to complete the bottom.
Dow index has reached 1.618 Fibo on B-D arm 9/14 when pattern is drawn from closing price tops of candle bodies. A previous idea of mine showed it from top of wicks.
This is necromancy, folks. Somewhere in between lies reality. Expect to see that on Monday or perhaps Tuesday next week. Should arrive Thursday at the latest.
Target zone for pivot is depicted in...
