Get started

Alibaba

Short term setup on BABA (risky trade)Today we have a quick setup to share on BABA; in the title, we said it is a "Risky Trade" Why? Because the stop is super tight, and the volatility can trigger the setup and then go towards the stop loss in a matter of 4 to 5 candlesticks (even less, you never know) However, with all that said, let's take a look at this idea. a) The price is on a clear support zone, and we can see the next resistance zone at 270.00. That provides us a trading zone from 245 to 270. We want to be able to catch that bullish movement in case it happens. b) As you can see on the previous 2 green arrows, every time the price came from below that level, that support level worked as a lunch pad towards 270.00 c) Can we assume it will happen again? We don't have any clue at all. However, if we have, let's say, a 50% chance on this setup, we are risking 1 dollar to make 3 dollars. And that's a bet I would take 100 times. Even if the real chances are 30%, I will keep taking this setup with a risk/reward ratio of 3. d) Ok, with all that boring statistic explained, let's go to the planning. We will set Stop Limit orders at 245.23 / Our stop loss will be at 237.86 / Break-Even level is the horizontal yellow line (if the price reaches that level, we will move our stop loss to the entry-level (risk-free) / Take profit will be at 267.47 e) How much money will we set on this setup? THIS IS IMPORTANT: The reason most people blow their accounts is that they put at risk whatever "their hearts feel" (this is a bad idea). So, to answer the original question, we will be risking 1% of our Capital. Do you understand that? that means that we will keep having 99% of our Capital to trade if we fail miserably on this trade. Risk Management is critical, REALLY IMPORTANT! f) Finally, if the price does not reach our entry-level and goes below the stop level, we will automatically cancel the setup. And if we have a stop loss, nothing to say, that's part of trading, deal with that. g) EXPECTED TIME OF THE SETUP if everything goes as expected: 1 to 2 weeks Thanks for reading guys! Protect your capital
NYSE:BABA
by ThinkingAntsOk
28
BABA - STOCKS - 19. APR. 2021Welcome to our weekly trade setup ( BABA )! - 4 HOUR Bullish turnover.. DAILY Expecting more bullish pressure within the following weeks. WEEKLY Looking for a push towards all time highs! - STOCKS SETUP BUY BABA ENTRY LEVEL @ 235.49 SL @ 227.67 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
NYSE:BABALong
by DACapitalTrading
25
55 % chance - ALIBABA share price analysisHello all, Today I am taking a look at the Alibaba chart, - The price is in a positive overriding trend. - Alibaba shows a tendency to break through the golden pocket once in a correction, but then to continue to run positively in the trend. - This breakthrough has already been made in the current correction. - The second reaction at the golden pocket looks encouraging - In the long term, the current trend channel could consolidate further The plan - I would like to take a long position at the cross-support of the golden pocket and the lower trend lines. - If the price does not touch the golden pocket again in combination with a trend line, I will not find an entry point and remain a spectator. - As a long-term price target I use the trend-based Fib extension - One for the watchlist, no trade is acute yet Buy zone: 227 - 222 points, only in combination with a trend line Target zone: 360 points With this in mind, Good luck & Keep it simple! Max
NYSE:BABALong
by CRV_Trader
ALIBABA - Open Sesame for the Trend!Hello Trading Family, I found BABA chart interesting. We can see that BABA is currently trading inside these two brown trendlines forming a rising broadening wedge. And it is currently approaching a strong rejection/support area. I call it "War Zone" , highlighted in Orange (circle). The highlighted orange circle is a strong area to look for buy setups as it is the intersection of support in green 210.0 and the lower brown trendline acting as non-horizontal support. (trend-following setup) As per my trading style/plan: Short-term: As BABA approaches the orange circle (area), I will be looking for bullish reversal setups on lower timeframes (like a double bottom, trendline break , and so on...) Long-term: I will be waiting for a third swing high to form around the upper blue trendline (projection in purple) for it to become valid then buy on this last swing high (gray area) break upward. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck All Strategies Are Good; If Managed Properly! ~Rich
NYSE:BABALong
by TheSignalyst
63
BABA Sells approaching TP 🎯Entry details are shown on the chart. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out do they. Also, see my 'related ideas' below to see more just like this. Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM . The stats for this pair are shown below too. Thank you. Darren
NYSE:BABAShort
by pow_removetheguesswork
2