ufsurf7

ufsurf7

The S&P is opening lower each day, but just barely closing above the previous open. Checking tomorrow morning for an entry.

ufsurf7

Support and resistance entries and exits to structure a trade

ufsurf7

XOM has been making higher highs and higher lows. Looking good for a continuation up.

ufsurf7 Updated 

~39-46 moderate support levels. Id expect strong support at the Gap down at $33. Look for entry positions at these retest levels. Exit a portion of your position (30%) at around $68. Hold the remaining 70% for higher levels of resistance. Set your stop loss safely below $33 to maintain your position if the idea is invalidated. If the idea is valid and $33-46...

ufsurf7 Updated 

Enter at retest

ufsurf7 Updated 

Just look at it. Its going to the moon.

ufsurf7 Updated 

For my autistic friend who wants to go short in a higher low and higher high trend.

ufsurf7

Retest proves of previous resistance confirms new support. PT #1 at ~$30.50

ufsurf7

PT #1 at 1.618 PT #2 at 2.618

ufsurf7

We are retesting resistance in the premarket. Look for an entry at retest of support below. Its easy to FOMO in now, but enter with a plan and have an exit plan ready as well.

ufsurf7

Lets begin to identify important support and resistance levels.

ufsurf7

Tight stop loss - only risk 1% of account

ufsurf7 Updated 

Just look at it.

ufsurf7 Updated 

Experimenting with Elliot Waves

ufsurf7

Two different entries.

ufsurf7

Wait for retest at 2.618. Tight stop loss.

ufsurf7 Updated 

Wait for the retests before you enter trade.

ufsurf7

There seems to have been an overreaction to the news on BABA. It should continue to climb. For those long already, here are a few profit targets that I would focus on.