If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
If you didn't notice the bullish reversal on 3/7, then another entry was on 3/17 for a long position. The trailing stop is $5 of risk, not too shabby. $NVDA is one of our favorites for a Skip-strike butterfly trade, especially if you want an OTM position for higher risk reward (due to the price fluctuation and strike hits). Our youtube post on our site discusses...
Amazon (AMZN) announced as a catalyst to the upside they'd be eliminating a non-profitable acquisition from 7 years ago. This gave the bulls a run due to the massive cash flows dumped back into acquiring and expansion of the company, and shows a shift in focus to producing hard earnings numbers down the road. This likely will drive price further up into the...
Alphabet's (GOOG) stock has been trending upward for quite awhile, and we've been keeping a close eye on it. We've raised our risk level on most of the massively expensive tech stocks due to our views on the overinflated prices from the "Trump Trade" since the election. Already, our speculation of the market correction seems to be in-effect dependent on the next...
We've been riding the Apple run-up train ever since late January, with arguably the cleanest uptrend since Summer 2015 that made your average weekly call option trader a boatload of cash. While we've been redesigning our site heavily due to customer feedback, we've been executing our trades on the side, and AAPL is no exception. But be forewarned, no trend lasts...
Possible long opportunity for this pair. If price action goes to that zone, I will go long.
EURUSD momentum is still firmly to the downside at the moment. We are looking for opportunities to short unless we see momentum shift to the upside. If price crosses back into the range of the previous Renko bar based on the daily ATR(52) 92 PIP box, we will close any open short positions. Our bias will shift to long if we see a bullish Renko bar close on this chart.
Price approaching important resistance level. Momentum still high and price makes higher highs. A break can trigger buy, but only with a retest, we get a high probability entry.
mad about crossing cmf money flow strong trend good get our book on amazon on trend following relative strength good next key ma is 200 follow us on youtube channel and face book above cloud
It's always difficult to call a top in uncharted territory or see how long the trend will hold. The S&P index has been in a beautiful trend for quite sometime now and, as with any trend, new entrants may become increasingly more anxious of getting in too late. From the very simple analysis here, it looks like the index has some way to go before one needs to...