Thesis Closing price moved upwards past the baseline during the last few sessions. CLAMP indicator should have been yellow before entering this trade , but it is very likely that it will be yellow as of Feb 7th. Discovery FAZE was on my watchlist after looking at the screener. At the time I was looking for stocks that moved +/- a certain amount on the week...
UUUU has been trending between $6 to $9 over the last year or two. It seems like it hit a local top and I believe it will head back down. On Feb 6th it closed within the baseline, and I watched and waited for it today; I entered a short position around 1 pm and it retraced and went back up. It never actually closed past my baseline ; I should have waited for...
Thesis Closing price has not moved past the baseline - this trade should not have been entered. However, the CLAMP indicator is yellow (positive) which indicates a forming trend. Given, the volatility of this stock, it has the potential to move sharply up. This feels like it was entered as a calculated FOMO trade. Discovery BTB was on my watchlist after...
Thesis Crossed baseline recently, CLAMP is yellow (positive), correlation agrees. Discovery After entering a trade with BTB, I saw it correlated negatively to XOP, the oil and gas exploration etf. DRIP is a leveraged play on this symbol. Correlation +: BTB, XAGUSD, VIX -: RUBUSD, XOP, UUUU Because we entered this symbol due to XOP correlation from BTB,...
Trade Journal - HCMLY, Apr 8 (long) Tracking Apr 8 + Went long 20 shares to have exposure to sand for long term thesis - Again, converted it into a swing trade - Again, did not enter based on TA - TP was quickly hit, did not scale out Jun 10 - Increased position size by 35. This is fine for DCA strategy, and might have been what I did. However, I made the...
Tracking Nov 14 + Went long 2 shares to have exposure to gold for long-term investment. - Changed mind and did a swing trade on it instead - Did not enter based on TA - Stoploss was hit and did not exit position - Did not have an ideal amount of risk for this position (position size too small) Dec 1 - Hit TP and did not scale out Dec 12 - Crossed baseline and...
Tracking Nov 16 + Went long 10 shares to have exposure to copper for long-term investment. - Changed mind and did a swing trade on it instead - Did not enter based on TA - Would have hit my SL immediately Dec 15 - Crossed baseline and did not exit position Jan 10 + Hit my TP and sold half, moved SL to break even + Kept adjusting SL as the TP was hit Feb 2 ? SL...
Identified an opportunity during London Session. Price was looking to take out an old high Identified the legs of an ABC structure As it did we looked for a creation of structure before the liquidity grab Moved to 15 Min After the Liquidity grab, we looked for price to break past the creation of structure for a market structure shift MSS or CHoCH Moved to 5 Min...
So today i took 3 trades which were 1 loser and 2 BE (For someone with different broker the trades could been 1 winner, 1 loser and 1BE because 1 of the trades was 0.2 pip away from TP1) and i made total of 3.30% profit. Overall the week was profitble one. See you next week and have a great weekend traders! Pairs traded: FX:GBPUSD and FX:EURUSD
The market has been ranging for a while, and everyone is bored. There are many memes on Twitter about the boredom of the range –it is nuking sideways– Multiple traders have run polls about whether we are in a bear market or a bull market. The results are always almost evenly split between bullish, bearish and neutral. However, the bearish sentiment does seem...
This short position is from the parameters of my pullback/reversal strategy. The notes I have taken I will share with you guys in the hopes of learning from others, teaching and helping others. Let me know your own experiences and thoughts in the comments.
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between May 15th- May 20th. NZDUSD: Closed down for +0.51% profit Full analysis/forecast: NZDJPY: Out for BE Full analysis/forecast: GBPJPY: Out for -1% loss Full analysis/forecast: Any questions, comments and feedback welcome to let me...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between May 1st- May 6th. EURCAD: 2 entries out for +5.50% profit. Full analysis/forecast: AUDJPY: out for +0.53% profit Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between May 1st- May 6th. EURCAD: First Entry: -1% loss Second Entry: Running Position +2% Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like, subscribe/follow and...
Hello everyone: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Apr 17th- April 22th. NZDJPY: 2 entries running Full analysis/forecast: UK100: Out for BE Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like,...
Hello traders: Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Mar 13 - 18th. EURNZD: Running for +1.7%, 1.7:1 RR Full analysis/forecast: GBPAUD: Running for +2.3%, 2.3:1 RR Full analysis/forecast: EURAUD: Out for +3.31%, 3.31:1 RR Full analysis/forecast: GBPNZD: Out for +1% profit, 1:1 RR...
Welcome back to this week’s trading recap video. Let's take a look at the trades closed this week between Mar 13 - 18th. EURAUD: Currently running +3.7:1 RR Full analysis/forecast: GBPNZD: Currently running +1.7:1 RR Full analysis/forecast: Any questions, comments and feedback welcome to let me know. If you like more of these contents, like,...
Journal Entry Bias: Negative. Sentiment: Pessimistic. Emoji (emotion): Bored 😑. Null Hypothesis: Sell. Alternative Hypothesis: Buy. Signals: ... Position: Short term day trade. Notes: ... Barron's Company Overview: www.barrons.com . Other: ... Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of...