Green
Tesla Earnings, where to? VOLATILITY ahead!FA:
Tesla has been parabolic the past few weeks and has formed several new highs; the release of the earnings is bound to create volatility both ways.
Option traders are using a straddle strategy where they are predicting a move of $200 in either direction with the use of the SAP volatility INDEX (VIX) which we can see sometimes does correlate with the volatility of Tesla.
Bulls expect the S&P 500 inclusion for Tesla to be confirmed as they have reported profits which may lead to high volatility.
TA:
News could already be factored into the current price and thus can expect a retracement at market open.
If Tesla breaks above the resistance for the previous high, then we can expect it to form new ATH if not then we can expect it to retrace and perhaps fill the lower gaps although unlikely.
-Megalodon Whales
(Rahim)
Enjoyed doing this chart for you, you are welcome to post your own ideas and comment below :) NASDAQ:TSLA MIL:TSLA SWB:TL0 BMV:TSLA
GREENYARD - big potentialThese are my thoughts on GREEN . They are meant to give you an idea, not trading advice.
Looks like GREEN want's to break to the upside.
I will wait for a confirmation on next weeks candle, but it has big potential.
Please be careful, as the market never gives you certainties, only probabilities!
(ALWAYS REMEMBER THIS WHEN YOU TRADE)
Why Is It Actually BETTER If You Missed The Drop -06/24/20 RECAPHi traders,
SPY was dropping nicely thorough the day and although I took 2 nice shorts, I could've made much much more.
BUT I think we shouldn't really be upset. Why? Because moves like these happen maybe once or twice a month on average. That means if you adjust your management style to these types of days, you'll be getting stopped out more often during more "normal" days in the market. It's just not worth it.
If you are very advanced and can tell right from the open whether today's going to be a huge up or down day for the SPY, big thumbs up, and make sure to send me a message how you do it, I will pay you handsomely! :D
Anyways, make sure to watch the video for more details and I'll talk to you soon!
Trades:
1) CCL - SHORT @16.79, +1.55%
2) DAL - SHORT @27.99, +1%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +2.55%
Total PnL for the week: +4.42%
Good trades,
Tom | FINEIGHT
ALL GREEN!! Great Boost For The Weekend! - 06/19/20 RECAPHi traders,
What a wonderful end of a week! I am all green, costing myself some part of that +6% had I let all the trades run to their full targets, but then again, SPY was already overextended and I didn't want to push my luck anymore.
I am also copying my trades to the TV demo live so there is even more transparency for you guys to see!
Trades:
1) CLF - SHORT @5.79, +1.22%
2) SLB - SHORT @20.53, +1.72%
3) BA - SHORT @192.01, +1.46%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +4.40%
Total PnL for the week: +1.42%
Good trades,
Tom | FINEIGHT
I Could've Risked Less And Made MORE! (what?) - 06/08/20 RECAPHi traders,
Starting the week in slight green, which is nice! However, in my (only) MRVL trade I played it "safe" again with distant SL and it actually cost me money! Had I had it closer, my target would've been also closer and I'd walked away with +2%! Anyways...
Trades:
1) MRVL - SHORT @35.19, +1.14%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +1.14%
Total PnL for the week: +1.14%
Good trades,
Tom | FINEIGHT
Phew I'm Glad This Session Is OVER... - 06/04/20 RECAPHi traders,
Thursday's session was really tiring. I ended up green but had to close the screens right after I closed my last trade (I normally stick to the close, watching curiously). After first failed long I only took shorts for the rest of the day. All profitable, but none of them went full target.
Trades:
1) GOLD - LONG @24.01, -1%
2) SMAR - SHORT @47.39, +0.46%
3) CLDR - SHORT @10.96, +0.2%
4) EBAY - SHORT @49.55, +1.33%
*In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.*
Total PnL for the day: +0.99%
Total PnL for the week: +5.65%
Good trades,
Tom | FINEIGHT
004. Piggish Play - Long Dominos Pizza (DPZ) on 6/1/2020DPZ is a volcano set to erupt. It has been consolidating in this defined purple range since April 13th, after a massive gap up on an earnings crush. With institutions like the FED and other funds (who got the green light from the FED) are fighting popular opinion that the markets should be in a state of retracement. The reason why taking a long position in either equity or options is wise is because Dominoes can thrive under the two scenarios that could arise in the next month:
1) The infected count increases to the point of a second quarantine and DPZ sees further increased revenue
2) Everything is contained and life moves on along with a bullish market
Technically speaking, the chart is primed for liftoff. All of the key EMAs are aligned for takeoff and a broad base has formed after two months of tight consolidation. The orange line splitting the middle of the chart represents the new bullish price channel, should the 390 line break + hold tomorrow. Such a channel suggests that a 50 point move is more likely than not over the next month. Therefore, entering a long position in equity and setting a looser stop is the way to play this like a fiddle.
Trade Overview:
- If DPZ breaks 390 tomorrow, enter a long position above 390 for a price target of 340. Sell above 330 before the end of the month, if it cannot break 340 by then.
- There are blue skies above 390 (no historical resistance), so there's always a chance that it really moves closer to 500 in the coming weeks. I am not 100% psychic, so it is difficult to peg a specific price target, but I think that 340 is the most reasonable place to take at least some profits.
- Set a loose sell stop at 368.
- The reason for the loose stop is that it is very unlikely it pulls back significantly. If a tight stop is set, you will get shaken out before the next leg up and you will be either sad, chasing or both.
- If DPZ cannot break 390 due to an extreme market-wide move down next week, then wait for an alternative entry at 350. The odds that it closes below 350 over the next 6 months are astronomically low.
NYSE:DPZ
ENPHASE (ENPH): This Chart is Absurdly Bullish✨ New charts every day ✨
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Enphase (ENPH) has been an absolute beast, not just in terms of its chart, but in terms of other factors like earnings. After another quarter of strong earnings, the premium the market is willing to pay for this microinverter maker makes sense. Despite some risk due to a potential slowdown in the months ahead for the industry, we think there is still room to play the uptrend. As such, all we are looking for here is enough of a pullback in price to give us a long entry.
Resource: seekingalpha.com + www.fool.com + www.greentechmedia.com
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1. Fractal Trend has been showing an uptrend (Aqua bar color) on the 4 hour timeframe for almost 2 years now. There has rarely been a bad entry since then.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua) and/or bullish S/R levels plotted by Directional Bias (Aqua).
3. We are currently assuming the uptrend will continue, and as such are looking for a pullback to the nearest relevant support level to enter long. S1 looks like it will give us a great entry if ENPH can pullback enough to let us in.
4. This trade only has two relevant exit conditions. Either we close at our target, or we close if our stoploss is hit.
5. If for whatever reason S1 doesn't hold, we have mapped out a few other key levels to watch in the future. S2 is a good candidate for support on a deeper pullback due to the orderblock and S/R flip. S3 is the last support before the price inefficacy gap below. And S4 is a major support range that represents a final hope for Enphase bulls if S3 can't hold.
6. Lower levels aside, the idea here is simple, we are taking a stock that is in a strong uptrend, looking for a solid entry in that uptrend, and then aiming for an exit that offers a solid risk to reward ratio.
Good luck with this one gang!
EURJPY4 individual strategies combined into one, simple to use. when a buy is valid the candle will turn GREEN with a {BUY} label. when a sell is valid the candle will turn RED with a {SELL} label. this works on ALL timeframes and pairs!
pips banked on buys and sells, also Current EURJPY BUY in profit
Green energy portfolio: where it all startedAfter 9 yeas of consolidation $ICLN built a trading range with a series of higher lows and has recently broken out on monstrous volume. Institutional investment is written all over it. This ETF serves as my bias for starting a stock portfolio based on environmental sustainability. The shift to green energy is an undeniable trend that I'll eagerly follow, along with smart money flowing into it.
Two scenarios: parabolic (green line) and slow (blue line).
Price target based on P&F count: 28-30$. Most likely much higher.