BIDU (NASDAQ) - Be Carefull
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
BIDU - Be Carefull
Note :
1. This is just a road map
2. After u know the rod map, u need to decide what is the entry strategy, and exit strategy where we do not explain here. if u will know more, let send us message
3. If your information/knowledge is intermediate, it is very dangerous to do trade.
BIDU
Cup and handle pattern on BIDUWe know the market in general terms. It's in an "overbought" situation. However, our job here is to analyze any chart and make conclusions based on what we see.
What can we see here?
-The price made a new ATH after breaking the major resistance zone.
-After that, we can see a Flag pattern on the Edge of the Major resistance zone.
-From a technical perspective, this can be considered a Cup and Handle Pattern.
The lines you can see on the chart are:
Greenline: Activation level, there we will open our setup
Redline: Invalidation level, there we will ser our stop loss, or we will cancel our setup if the price reaches it without executing our trade.
Fibo extensions: The first one is our Break-Even level, and the 2nd one is our final target
Remember: This is another setup, which means that you should be open to a stop loss or a profit. When you are trading chart patterns, you are creating an edge over 100 setups. The most likely scenario is that you can have 35 Take Profits, 40 stop losses, and 25 Break-Evens. With an average risk-reward ratio of 1.8, you are profitable. That's how a real strategy behaves.
Thanks for reading!
Random Walk Index Indicator (RWI)This is a perfect indicator to determine the trend direction!
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✅ Uptrend strategy:
When RWI high (purple in this video) is above the RWI low then the trend is up.
Combine this indicator with the Fisher Transform indicator, then open long positions as per the Fisher Transform when the trend is up.
✅ Downtrend strategy:
When RWI high (purple in this video) is below the RWI low then the trend is down.
Combine this indicator with the Fisher Transform indicator, then open short positions as per the Fisher Transform when the trend is down.
Uptrend strategy:
When RWI high (purple in this video) is above the RWI low then the trend is up.
Combine this indicator with the Fisher Transform indicator, then open long positions as per the Fisher Transform when the trend is up.
Downtrend strategy:
When RWI high (purple in this video) is below the RWI low then the trend is down.
Combine this indicator with the Fisher Transform indicator, then open short positions as per the Fisher Transform when the trend is down.
BIDU is going much higher stock split is coming pump timeOTM BIDU calls have been printing every single week on the EV hype. You might be afraid to buy in after a monster run out of its long bear trend. Don't be afraid because it is going much higher. A birdie told me that a stock split will be announced very soon. Don't sell calls options or you will lose your shares. Buy in heavy and let it run to $380. The split is intended to keep the price low and attractive as it gets ready for secondary exchange listing in HK.