Do not gamble on earnings This stock is a perfect example of why you shouldn't yolo trades on earnings. The pattern looked great, and the stock is very bullish and also in a great sector. However, something happened on earnings. I don't really care what happened all I know is it effected the stock price severely. The thing about earning is that a company could come out with the best possible news but end up still tanking the stock price. Why? I have no idea and neither do you. best bet is to not trade earnings .
Long-trade
Successful Short Trade (BOOMER Market)Cable (British Pound Sterling , GBPUSD ) is in an obviously beautiful BOOMER market, accelerating North!
During an Uptrend market like this is, one of the wise things to do - is to ride the wave, buying on dips.
As per the CONDI Trading System rules, the only trading allowed in this setup is (strictly!) with the trend.
T.m. only taking Long trading opportunities, 100% confirmed by the CONDI Trading System.
Recognized (yet another) such opportunity at point marked with the callout.
Trade successfully closed with profit within 9 1h candles.
Happy CONDI trading!
ETH|USD may continue Bullish in this Ascending TriangleEthereum has been showing strength by strength, will the bullish momentum continue throughout this day as we form an ascending triangle. This pattern is a bullish pattern based on the higher lows we've been seeing.
Use risk management and trade safely, I am a strong believer in Ethereum and there is no reason for me to be bearish on a long term even if this doesn't play out bullish.
If bitcoin reaches 40k again I can expect this scenario to become more likely.
USD-CAD is on SUPPORT again.Will go UP!
Hello, Traders!
USD-CAD has gone UP from the support
Just as I predicted. Two longs on this pair were successful.
Now, USD/CAD is on the support again.
I expect it to go UP and retest channel resistance
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!