Scalping nifty as a buyer after 12 was also tricky 2nd April ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:22 for Hindi Audio)
-No Trades in the morning
-No Volumes in Nifty;Vix below 12
-Scalping nifty as a buyer after 12 was also tricky.
-How will i trade when market opens tom
Daytrading
Bought Nifty At Vwap with a Modified SL-1st Apr '24Below mentioned points are discussed in my post analysis video(Fast forward to 0:28 for Hindi Audio)
-No Trades in the morning
-Buy Volumes in Nifty before 10
-Bought Nifty Future At Vwap with a Modified SL which got hit.
-How will i trade when market opens tom
Stock: SST (System1, Inc.) Buy Alert with Risk/Reward Ratio of 7Stock: SST (System1, Inc.) Buy Alert with Risk/Reward Ratio of 7
Buy Limit Price: $1.16
Stop Loss: $1.10
Take Profit 1: $1.49
Take Profit 2: $1.58
Welcome to a quick dive into System1, Inc., ticker symbol SST, a dynamic omnichannel customer acquisition platform operating across the globe, including key markets like the United States, the United Kingdom, Canada, and the Netherlands. With a skilled team of around 300, System1 not only owns and operates its websites but also engages in profitable revenue-sharing arrangements and manages the renowned web-based navigation service, MapQuest.
Despite facing challenges in the fiscal year 2023, with a reported revenue decrease to $401.97 million and narrowed losses of -$227.22 million, System1's resilience is noteworthy. Its stock, having seen its ups and downs, trading between $1.04 to $4.86 over the last year, recently experienced a notable movement, closing at $1.21—a 15.38% dip, yet showing signs of recovery in after-hours trading at $1.28.
But what does the future hold for SST? With a market cap of approximately $135.158 million and a volatile Beta of 1.36, the horizon looks promising. Analysts are keeping a strong faith in System1, projecting a substantial potential upside with a 12-month price forecast of $4.67, symbolizing an impressive growth trajectory from its latest position.
For traders and investors eyeing SST, these fluctuations present both a challenge and an opportunity. As we approach the earnings date projected between May 10 and May 14, 2024, and with a 1-year target estimate set at $3.50, it's clear—System1 is a stock to watch. Stay tuned for its journey ahead, and let's navigate the markets together, professionally and insightfully.
Day Trader Trading Nifty Futures & Options-26th Mar ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:36 for Hindi Audio)
-No Trades in the morning
-No Good Volumes in nifty in the morning
-Scalped Sold Nifty Future In Second Half
-How will i trade when market opens tom
AUD/JPY Short, EUR/JPY Short and CAD/JPY ShortAUD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
EUR/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
(Buy Alert) Stock: LPSN - Risk/Reward 12 - 1st TP 28%, 2nd 74%(Buy Alert) Stock: NASDAQ:LPSN - Risk/Reward 12 - 1st TP 28%, 2nd 74%
Buy Limit: $0.97
1st Take Profit Limit: $1.22
1st Take Profit Limit: $1.68
Stop Loss: $0.90
Market capitalization
89.43 MUSD
Free Float shares
66.43 M
Debt: $591M
Cash and Equivalent: $212M
Day Trader Trading Nifty Futures & Options-22nd Mar ’24 Below mentioned points are discussed in my post analysis video(Fast forward to 0:42 for Hindi Audio)
-No Trades in the morning
-Sell Volumes in nifty before 10
-Buy Nifty Future After 12 was the Volume Trade
-How will i trade when market opens tom
CAD/JPY Short and NZD/JPY ShortCAD/JPY Short
Minimum entry requirements:
• 1H impulse down below most recent low.
• If 3 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/JPY Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
FTSE100 - Breakout Alert 7,743Yesterday's close on the FTSE 100 was a really good indication that the 7,743 level will likely hold.
The index first breached above this level eight days ago and then quickly retraced below it. After trading below this level for a few days, we're back up above this level.
This signals buying pressure paused and has since resumed. Assuming this level holds on any further retracements, this will signal further trend potential.
#ES_F Day Trading Prep Week 03.17 - 03.22Last Week :
Last Sunday we discussed that failing over HTF Edge usually can bring in weakness and start transacting back through lower areas towards the lower Edge but also mentioned that we were in potential 5150 - 5250 +/- balance with 5204.25 - 5199.75 area being a temp mean which told us to be careful expecting too much continuation lower just yet. Monday gave a test of VAH and Key Support under it which held and gave a push back through the Edge for a consolidation above it. From there to end the week we needed to either accept over inside/over VAL of New range or we could see price return back to the Edge. Thursday we got failure at VAL with a return back to the Edge and Friday to finish off the week we found selling at the Edge top and were able to get through the Edge to close the week at VAH area.
This Week :
This week we are currently inside 5204 - 5154 Range, we are under the Edge and have more Supply built up above us this time around. Yes we are still in this 5250 - 5150 balance which may continue holding for now but we do have more Supply above us now and we are seeing more signs of trend this time on 4hr TF which we weren't seeing last week. IF we continue holding under the Edge that will mean continued weakness and if we either build up enough supply over VAH or more sell volume comes in to take it out it could start the move towards lower VAL. We have Fed on Wednesday and bigger market moving events Thursday/Friday so the question is will we hold first couple days and try to balance more in Current Range or do we try to make a move early in the week and then do clean up after ?
As mentioned last week usually failures or u turns at Key HTF Edges will send the price opposite way towards previous VAH / VAL and Edge destinations, last week it was sketchy because of how things were set up but this week we may actually get it. We still have short covering every time we make a move lower which means still have to be careful and take it level to level or range at time because it may take its time as so far we have kind of been getting stair case down moves with holds/pull backs which traps more new buyers, but continuation lower is something to watch for.
For us to attempt a move at the highs and new HTF Ranges Value again we would need to continue holding above the Mean/VAH area and accept back inside the Edge with a good push over 5219-15 area, for now Supply is trapped above and may start selling out lower.
Levels to Watch :
Current Intrarange Resistance 5188.25 - 84.50 // Key Resistance 5204.25 - 5199.75
IF Accepts in Edge would need to get through 5219.75 - 15.75 to attempt higher targets.
Current Intrarange Support 5174.25 - 70.50 Key Support 5159.25 - 54.25
Under could see continuation through the Mean targeting 5144 - 40.25 // 5129 - 25
This would be our VAL area and Key Support for any continuation towards the lower Edge would be 5112.50 - 5107.50
Yemi_Fx1 | Short Setup on AUDUSDOn AUDUSD we can see an overall bearish structure. Internally price has been moving in a series of impulse/ correction.
Price is going in it's correction phase now.
We may see a pull-back to the area of value before committing to the downside.
I will be taking an entry at the top of the validated flag pattern.
Please share your view of this pair in the comment section .
Intraday Trading Nifty Futures & Options-19th Mar ’24Below mentioned points are discussed in my post analysis video(Fast forward to 0:50 for Hindi Audio)
-No Trades in the morning
-Nifty had sell volumes in the morning
-Scalped Nifty After 12 once Nifty Spot Broke IB Range
-How will i trade when market opens tom
GBPNZD - Breaches Key Weekly LevelThis is what we've been waiting for - GBPNZD breaches a key 2.08~ weekly level. Last week's close signalled price holding above said level.
It's great to see strength during this week's open. I believe this is a sign of further strength to be expected on the upside.