superweijie

superweijie Updated 

In light of the Square, Ark Invest and Elon Musk stuff going on. This is how I will be approaching the market for the next few months.

superweijie Updated 

Choosing not to trade, is itself a trade.

superweijie

My original planned entry is around 36.5k level. A quick scout around shows that EVERYONE has the same idea. New expectation for everyone to be wrong, and that price will head to 34k instead. Action done: Resized my limit orders, and reposition a second order else. Sidenote: I DO NOT follow harmonic patterns, but as usual, I believe harmonic "patterns"...

superweijie Updated 

This could easily be a runaway stock, given how much it has fallen. But I will exit when I have the chance, and re-enter based on a setup that I see formed. Original Buy Analysis - www.youtube.com

superweijie

The yellow line are where I expect people will try to buy at a "discount". I expect hurt and fear to start coming in when yellow are breached. Purple lines is where I am actually interested. Patiently waiting and prepared to ignore any market/Tesla fear that will come if scenario really happens.

superweijie Updated 

A simple line chart with just daily closing prices is sometimes enough to generate a trading plan. Using daily charts give clarity to trade on the 4h and 1h, giving potential targets and areas to watch out for. Some simple backtesting will give you the confidence and teach tons about support resistances, and supply demand zones. Personal trade. Waiting for 1836...

superweijie

I am a short term trader who has a "correct" rate of about 50%. So take this with a pinch of salt. BTC is at a unsure level now. Fear from the "triangle" breakdown is mostly gone, and everyone is celebrating the "false breakdown" and anticipating a big breakout. Good time to re-evaluate your position IMO. Are you holding too much or too little? Underweight?...

superweijie

Matic is one of the cryptos that I keep an eye out for because a friend once asked for analysis on it. We waited for the consolidation at 1.75-2 to be done. We waited for people to be squeezed out of their trades. We waited for an entry target to be hit. Time to collect some cash. I think either Alts OR the entire crypto economy is due for a little uppidy,

superweijie

Nano went for a swim. Is it time to buy yet? Maybe.

superweijie

Price has moved aggressively out of consolidation. Awaiting price to revisit point of breakthrough for a 1:1 trade.

superweijie

Patterns just keep changing. What didn't change is that price is still consolidating... And until it moves and touches a previous planned zone, or make a new zone, no trades. Scroll back a little to see previous established buy zones... I am still hoping for a doge discount. And no, doge is not going to burst all the way to 0, it is small and manipulatable,...

superweijie

Weird long because I am still stubbornly bearish long-term for Dollar Index till 85-86. Not going to ignore this trade though. Weekly demand zones have a high winrate in both forward and back testing.

superweijie

Supply demand zone works amazingly with a 1 to 1 RR on stocks. Also, the stock should be popular, many "common people" must have bought into this stock. This gives more probability to volatility and bounces. I prefer this approach of waiting for price to come to me, over that of using buy/sell stops and trading/anticipating breakouts. ---- Story: I learned of...

superweijie Updated 

For those who are overleveraged or invested money that you cannot afford to lose, please do not read this. I do not want to give unhealthy hope, or despair to anyone. ------- For those who nibbled a little like me, who entered at around 30k (with 20% of my total expected holdings...) I think this is a fakeout, and that triangle will soon morph to another...

superweijie Updated 

Price worked way up to weekly LOC (last opposite candle). Expect that price henceforth will want to touch Green line before touching Red line. All short term trades now should be short biased.

superweijie

I am expecting price to climb higher into weekly sell-zone as highlighted in previous midterm short idea. I will not be making a Long because of that, and at the same time, I am not convinced enough by the weekly chart to make a Short at current levels. Previous mid-term Short Idea.

superweijie Updated 

I was looking at some top caller here. And FOMO got to me when I saw one of their recent call. Their calls had been amazing. (winrate of 80% ?) Would link it but I couldn't find it anymore. And me being someone who doesn't understand crypto (even the mainstream ones), couldn't resist the possibility of a 2x - 3x trade. However, I had instant regret after...

superweijie Updated 

Note: Give up if price came close and rebound strongly without hitting entry. White line: Queued entry Green line: 1: 1 TP Red line: Stop ------ Ideal conditions for a queue trade 1) People must die. (Minor swing lows/highs must be breached and stops hunted before reaching your entry) 2) Price must have traveled continuously for "big enough" distance and be...