STOP being my liquidity!! Understand what's really happening!I show it to you every day - I show you exactly how the market traps buyers/sellers and turns them into liquidity i.e. stop losses for the real traders. If you find yourself getting trapped and faked out more often than not, WATCH THIS VIDEO! Understand what is happening in the market!
Unless you're here to clown - I've met a lot of you over the course of my putting these videos out. If you're here to clown, not to learn, please continue to make fun of my lines and please continue to be my liquidity!
Otherwise, for those students who are truly trying to read the markets and profit from every single move - come learn with me! These videos I post are all you need! Watch my last 4 videos on TSLA and you'll start to understand what is really happening in the market and how to take the clowns' money instead of giving it to me.
Happy Trading :)
Liquiditybuild
Did you see this too? The simplicity of identifying tapering!This is the most basic I could do to show you all how simple it can be to identify good trade opportunities. It all starts with building the story and from there... well you've got the keys to the kingdom!
For those who don't like that I'm doing this after the fact - please see all of my other videos which identify these trade opportunities (like this one) before they happen.
Hope this was helpful!
Happy Trading :)
GME - When can we expect another breakout?For the past two weeks i've been introducing you to the GameStop all important algorithm - Teal.
Ultiamtely, price needs to prove tapering on teal in order to breakout to the upside. That is our bullish controlled selling algorithm.
We had an important move today where price rejected off of green but then found support on teal - indicating a potential liquidity build for a further bullish move.
This can take time so patience is key here!
Happy Trading :)
AMD - How should we play the semi-conductor sector?There will be major opportunity here long term - but in the short term, we need to exercise patience - especially in this sector! There have been crazy gains and though that is likely to continue with the AI boom only getting started, we still have to be aware of market mechanics and we know that this sector needs to build liquidity before making another run.
Happy Trading :)
Simple Bitcoin Comparison to last breakout shows us...Patterns are everything in the market. When we're given the patterns ahead of time by analyzing previous price action, we can know what to look out for in order to catch the breakotus before they happen.
For us, on bitcoin, we know we have this red algorithm that needs to prove itself before breakouts. We can see that similar to last breakout, we're approaching that tapering algorithm on the sell-side in addition to our buying continuation orange & green. Strong likelihood of a bounce here and at least a retest of purple if not an ultimate HTF breakout.
Happy Trading :)
PDD - When can we re-enter a long position?PDD, similar to REAL in my books, is like the gift that keeps on giving. When you find a company that is undervalued and being held back by geopolitical risks such as this Chinese stock, you play your hand and expect the market to gravitate towards strong earnings VS potential macro risks.
That is what I've been doing and will continue to do here on PDD.
I will be adding to my long position once we've proven tapering and a sufficient liquidity build - and we are picked up by a buying continuation algorithm - ideally yellow or green.
Happy Trading :)
PDD - We love PDD! Bulls time to shineI have longer term swing positions on PDD but I also like to trade it in a shorter term swing setting as it gaps nicely in predictable fashion and is one of those companies that you just know does well - so with the industry-wide boom in chinese stocks, I'm all over taking advantage.
Looking for continued healthy liquidity building in tapered selling algorithms (bullish) and continued strong buying continuation to break us out of HTF tapered buying algorithms.
Happy Trading :)
REAL - The gift that keeps on giving Pt 2!Was muted in the first video accidentally - but focus here on the controlled selling algorithms magenta, green, and blue - when we start to see tapering from magenta to green and ultimately to blue, we are preparing for a breakout. Coincide that with a buying continuation algorithm still proving control (like purple or yellow) and you have yourself a target!
Happy Trading :)
- TraderDaddyOG
MS - Updated Analysis before earnings. Super healthy chartLove what i'm seeing here on Morgan Stanley pre=earnings next Tuesday. I want to see us continue to build liquidity in this very controlled orange selling channel where we can then find yellow to activate and bring us further up for a breakout of orange and beyond. My price target for the next few weeks is in the $99-104 range, earnings dependent.
Obviously, as with any industry, if banks that are announcing earnings on Friday announce positive results, you can expect the rest of the industry to follow. This, in addition to the extremely healthy chart movements, has me very bullish on MS and interested in watching this stock closely.
Happy Trading :)
- TraderDaddyOG
PDD - Updated Analysis and Bullish OutlookIt has been a while ride on PDD this past month!
Don't take your eyes off the grand prize - a breakout of our larger time frame magenta selling channel. In order to do that, we needed to build liquidity in our controlled selling channels.
We have activated a stronger buying continuation channel but will need some time to prove its' control. Be patient on this one and the benefits will pay in the longer run.
Happy Trading :)
- TraderDaddyOG
TJX - Analysis and what to look out 4 for next trade opportunityMovements to be made as soon as we decide whether we've built enough liquidity in our teal tapered selling algo or if we need to dig deeper in stronger selling magenta and find support and a more tapered blue buying continuation.
Will update as price develops!
Happy Trading :)
- TraderDaddyOG
SYK - Short lookout toward buying continuationWill be looking to enter a short here if we do fail teal controlled selling and see that magenta is in control. I expect price wants to come down to at least purple buying continuation to find support for a continued move upward.
Happy Trading :)
- TraderDaddyOG
MSFT - Updated Analysis as we see further tapering rejectionsWe are seeing rejection from a very tapered blue buying continuation after last week's rejection of purple. We are holding magenta stronger buying continuation so we will need to see this fail in order to get into a further downside trade - however, with additional proof of rejection from blue tapered, we can get in an early short position to at least magenta to see if we're picked up there.
Either way, plenty of opportunity here on MSFT in the coming days and weeks.
Happy Trading :)
AMD - Need to prove further tapering before going longTapering is everything to prove that sellers are weakening and lacking further intention to drop. However, we do have room to the downside to find our green and orange buying continuation/support algorithms.
I will not be going long here until I see signs of magenta and teal controlled price and building further liquidity for a sustained move upward.
Happy Trading :)
GOOGL - Weekly chart tells us a lot. Tapering being provenWe may be transferring control from our strong buying magenta to our tapered green continuation - and that means one thing - More liquidity needs to be built.
If we do see this rejection off green (proving it's in control) we will look for a controlled selling back to try and get picked up by our magenta stronger buying.
See you all live at 9:30 AM!
Happy Trading :)
META - Updated analysis after nailing our 20 point shortIf you caught the move down utilizing my last video, bravo. We knew what to look out for and why we were expecting that move.
Moving forward, we do have a bullish bias considering the strong recovery off of yellow support however we are going to need green and blue tapered selling to continue to build liquidity for a larger breakout. We can see massive liquidity built in our left shoulder for a potential grab of liquidity and confirmation of an inverse H&S.
For immediate price action, we do need to see our orange strong buying continue to carry price - and if magenta more tapered is what is holding us up, we do expect a retest of the bottom of our green and blue tapered selling algos. This, although short term would be bearish, would be great for bulls to utilize for a larger breakout upward.
Keep an eye out for those levels to act as support and reactivate our strong orange buying.
Happy Trading :)
GOOGL - More room to the downside! Easy short to look out for!We will need to see tapering under our magenta buying channel which failed to pick up price. And if we see that throughout the day today, I will look for either a rejection from our strong selling green (on the daily) or our more tapered selling teal (which is strong selling on the weekly).
Keep an eye out for these and join my livestream at market open to see how I look for and take my trades.
Happy Trading :)
META - 10-30 point short staring us right in the face!This will make more sense to you if you've watched my previous videos on META or really anything - same analysis, different equity.
Keep an eye out for a rejection of this levels especially near teal which will be the driver to take us down.
Livestreaming at 9:30 AM EST today for those who want to see me approach this in real time!
Happy Trading :)