A while back, I remember wanting to get into algorithmic trading. I love math & all, but once one thing led to another & eventually I found myself trying to understand mechanics & quantum physics & computer learning - there was no way lmao. I tried, & it ultimately did help come up with my own strategy that I've gotten accustomed to. But since then, the most...
Usually wouldn't even waste my time on a chart this ugly, but it was a toss up between posting the failed breakout of $DXY vs a legitimate contrarian play if you like buying at the very bottom. If the drawings look a little too extra - they're not. I've seen this pattern on a regular basis when I was either too quick on a jump to short (but ripped my hair out...
You know, unfortunately, components of the DOW haven't been as gracious of performers as $SPY or $QQQ has been. Last time I posted on $DIA - I thought it was on clearance. Not that I was wrong, but it was more like the chore of cutting coupons before getting any type of deal. Just recently, with $BA, I had the chart & play in mind back from September before the...
I've been a way too bearish in general to keep up with any ticker in particular that'd give a different perspective on an individual sector / under-performers / out-performers. The setup as is - is more-or-less what every other equity looks like to me right before a pretty deep continuation downward follows. A few months back, when I realized the divergence...
Just spent so long tryna get an exact match on fib levels I forgot which ticker I was looking @ smh. Anyways - easily a chart I have less than an A+ confidence on, but if you're like me & you heavily rely on your own strategy / indicators, you more-or-less start to see patterns / re-traces / setups that normally, you wouldn't spot if it wasn't one you had a 10/10...
It's been a little difficult finding charts worth my time to post. Not only because just about every ticker is in top 10% of its historical IV% percentile, but to me, I just don't see the opportunities some other people might in being long. Nonetheless, I still don't even think people completely understand the fragility of our financial market. Not only are...
You know I've had to hold myself back from posting just to prevent myself from getting too emotionally set on seeing a bear market within the next few months. That being one reason, & 2nd reason being to the tendency to stay away from a trade that isn't a clear top or a clear bottom with a direction clear enough for me to take a high or even semi-high risk on....
Yo I haven't seen this type of chart in a whileeeee! Hella rare, but using my MA strategy, I call it the "Surfer Stall" lol. 55 low MA surge on top of 180 WMA where price tends to re-trace before taking the FUCK off. Just came across this one going over some intra-day scans to find setups, A+ setup & out of each chart I screenshot (regardless of if I post or not)...
Hit the intraday-upcoming earnings scanner (07/26). Weekly w/ MACD looked somewhat attractive but, glad I got a second look on the T.V chart. You can scroll back to 2009 to get a better glimpse of the similarities. The price labels (both current & before 09 recession) - surreal. To say the least.
I don't wana get too into this one, since I think I'm only 2 for 4 & both times I've been wrong - I've been short. BUT, I don't like it. The only FAANG stock I'm bullish on is $FB for now, but even $FB has some time to sell off before it gets moving (if it ultimately does). Besides that - the $QQQ idea I posted still has me worried for tech in the long run,...
Deeeeee opeeeee. I feel like I've either been going mad or that I've just been letting a short bias get the best of me. Although my short ideas have worked out pretty well, it's a reminder that there's still potential somewhere. I've had Red Hat on a back burner watchlist 1) because the setup is a complex one that, I've seen maybe 3 times, & haven't been able to...
Not an interesting chart to begin with - really. If it weren't for the 2 hour, I (probably) would've skipped over it. But SUUPAAAA ready to jump on this come Monday. But check me out - I H.A.T.E & always 150% regret catching a knife that starts with a fat ass black candle & then just trades flat - probably the worst, most painful trade to sit & watch either do...
After this week, it's fair to say I deserve to get another bearish post in before I look too much like a nut head who's dead-set on seeing a major market correction. & Before I give anyone the benefit of the doubt about this post - over the past 11 days (I think?), $GS has been on the longest losing streak in history (money.cnn.com). 12 or so trading days ago...
I think out of all the charts I've posted, this is easily top 3 favorite. Sunday's I'll go through scanner settings & tweak stuff & come up w/ ideas to try & find at least 1 if not 2-3 charts I can see a good trade in. If I don't, but I can find a good future trade - I'll make a note of an expected date. Most of them are solid, some not special enough to post -...
I'll keep the back story short & sweet because this isn't necessarily a trade that'd sit well with me, but I'm long for a more near term target. I'm sure if you've been long - it's been slow & painful lol. I've lost $ on a trade like this & this is why it doesn't sit well to me, but could be a hella profitable trade. To get rid of the extra noise from the MA's I...
Rather than get straight into the chart, I think it's important to get a few points across. If tariffs aren't an already over-run headline & probably a small cause of 'uncertainty' for the market, I use to think the same. Seems too coincidental to me that the anchor candle we had this past week was the same we saw back in January, & it came @ the same time that...
So this is really about it be it, lol. For anyone that can argue this - feel free. Fortunately, not all financials are AS bad as $GS looks, but they don't necessarily look great either (technicals, at least). I've been MORE than bearish on financials for some time now, but really $GS is what I've been focused on because the underperformance is just unbelievable....
Super interesting (regime change) setup that's typically a s.o.l.i.d hit-or-miss in a (real) short amount of time. When I developed this moving average strategy, the weakest link was an ability to find a (clear) long-term-trade that's in the works of a new bull-run after a long bear market for ___ amount of time. Obviously on a longer-duration chart, a regime...