davec83

davec83

Financial markets have experienced a tremendous bull run (with a bit of help from the FED). Just as it has happened before, this upward trend will eventually reverse. Expect a significant correction, similar in strength to the force that drove the market's rise. Such movements do not occur overnight; they take time. Bottoms will be predicted numerous times and...

davec83

SHORT XPO - Over extended, it needs to retrace. Target $50 in months, but I'm going with 500DTE expiration just in case lol.

davec83

NASDAQ:SMCI going to correct soon! just look at the chart, no description needed.

davec83

TA only. Forget about P/E or news. Price is well outside it's main up trending channel and it's very likely that it will reverse course soon. I'm looking into buying long expiration puts on this. NFA!

davec83 Updated 

It's time for a "healthy" correction. Was long while it lasted, now it's time to go back to support. *Not advice. Just sharing my own charts. I manage my risk, you should manage yours.

davec83

Waiting for breakout in smaller TFs.

davec83 Updated 

Looking to go strong on this one, waiting for a pullback and to enter as close as possible to the MA.

davec83 Updated 

Broke trading range, likely to continue downwards. If it goes back inside the range with strong momentum, then this idea would be invalid.

davec83

LTC seems to be in a downsloping accumulation range. I'm not trading this yet, and it's not a trading signal. Just something to keep an eye on.

davec83

Potential to continue to the downside.

davec83

Multiple resistance areas. Best to wait for confirmation, but looks like a good potential trade.

davec83

Out of the smaller range, it looks like a good place to short with decent RR.

davec83

Good support area. It seems like accumulation on the smaller range. can keep a relatively small sl. TP1 at ~50 pips, TP2 at ~145 pips

davec83 Updated 

Good area for long reversal with plenty of TP targets along the way. RR is > 7:1. Getting in as close to 1.0926 as possible for lowest risk. Kind in mind that the larger trend is still bearish, so I will be going in with a smaller position than usual.

davec83

EURUSD potential short continuation

davec83 Updated 

Reaching area of support, will try a long with a stop about 20 pips away, tp is at least 50pips.

davec83

GBPUSD Short. Out of range and daily is starting to turn bearish.

davec83 Updated 

EURUSD Short.