Momentumstrategy
WATCH $HIMSBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- 5/5 rules
Technical
- Momentum Theory Indicator - bottomed broke out
- Price action formation ( falling channel ) / bottom broke out / w bottomed
- Broke Trend line
- Above 200MA
- Below POC
- ST not ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Searching and learning is where the miracle process all begins"
Cheers and happy trading!
Potential Retracement From SupplyGold - I want to see a push into previous supply mitigating the imbalance before a retracing down towards the buy zone/weekly low
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
WATCH $AGLBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- 5/5 Rules
Technical
- Momentum Theory Indicator - bottomed break out
- Price action formation ( falling wedge and a inverse h&s )
- Broke Trend line / rejected
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Pain + Reflection = Progress"
Cheers and happy trading!
GBPJPY 1hr chart UPDATE 7/23/22We have GBPJPY on the 1hr chart we have a break of structure (BOS) around the level of 164.752 making it a great for us to have the supply area around the level of 165.100 since that's from the red candlestick broke the structure. Meaning we clearly see a zone that hasn't been retested.
For the support I took in consideration the point where we see it gets rejected which would be around the level 163.00. We ended the week with an engulfing green candlestick that closed at the level of163.400.
I personally like setting my SL right under that lowest wick giving it enough space just in case it wants to pick up more orders from the lower level. On this trade I will be looking for a 2.5 risk/reward, I will be looking for around 1400 pips which is all the way until the supply area and for my SL I have it at 500 pips just around the lowest wick.
And just as another indicator we also have the MACD which is telling us the sellers are losing momentum confirming us that we have the buy opportunity.
WATCH $OLLIBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Negative PEG
- Decent P/FCF
- Top Sector / Industry / Leader
- 5/5 rules
Technical
- Momentum Theory Indicator - bottomed
- Price action formation ( falling wedge )
- Broke Trend line
- Above 200MA
- Above POC
- ST ok
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"The best time to plant a tree was 20 years ago. The second best time is now."
Cheers and happy trading!
WATCH $OSHBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry / Leader
- Rules / Rules / Rules
Technical
- Momentum Theory Indicator - Bullish breakout
- Price action formation ( falling wedge / double bottoms )
- Broke Trend line / rejected
- Above 200MA
- Above POC
- Pending ST
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"When opportunity doesn't knock, build a door."
Cheers and happy trading!
WATCH $CANBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry / Leader
Technical
- Momentum Theory Indicator - Bottomed
- Price action formation ( falling wedge )
- Broke Trend line
- Below 200MA
- Below POC
- ST not ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
" All things are difficult before they are easy"
Cheers and happy trading!
WATCH $819Bullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry / Leader
Technical
- Momentum Theory Indicator - Momentum bottomed
- Price action formation ( falling wedge )
- Broke Trend line and bottomed
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Price is what you pay value is what you get"
Cheers and happy trading!
WATCH $YETIBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Decent Accumulation/Distribution
- Decent PE
- Decent PEG
- Negative P/FCF
- Decent Sector / Industry / Leader
Technical
- Momentum Theory Indicator - bottomed / waiting for breakout
- Price action formation ( falling channel )
- Break Trend line
- Below 200MA
- POC support
- ST not ok
- No bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.”
Cheers and happy trading!
WATCH $ETSYBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds not Accumulation
- Decent PE
- Positive PEG
- Decent P/FCF
- Bottom Sector / Industry / Leader
- Stock price attractive but seems like business model might not be attractive for the coming inflationary environment but again, it might help for small businesses to cope!
Technical
- Momentum Theory Indicator - waiting for momentum to bottom out
- Very attractive R/R long term uptrend
- Price action formation ( falling wedge )
- Broke Trend line
- Below 200MA
- Supported by POC
- ST not ok
- No bullish Candlestick pattern / formation yet
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Why be mediocre when excellence is an option"
Cheers and happy trading!
Potential Sell Inbound! US30 - Creating liquidity near the level of potential inducement, waiting for price to either break this supply or wick into the HTF sell zone above taking out liquidity before giving a nice retracement filling those imbalances let's wait for confirmation and see what happens!
Let me know your thoughts!
WATCH $QRVOBearish/Bullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds not accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Bad Sector / Industry / Leader
- Long term uptrend with good R/R however demand in Semi-con might be lacking / over supply
Technical
- Momentum Theory Indicator - waiting to bottomed
- Price action formation ( falling channel )
- Yet to break Trend line
- Price 200MA
- Price above POC
- ST not ok
- No Bullish Candlestick pattern / formation
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Discipline is rarely enjoyable but almost always profitable."
Cheers and happy trading!
WATCH $PLTR. BEGING TO LOOK INTERESTING AGAINBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Decent Accumulation
- Decent PE
- Decent PEG
- Negative P/FCF
- Weak Sector / Industry / Leader
- Monopolized
Technical
- Momentum Theory Indicator - NA
- Price action formation ( falling wedge )
- Pending breaking Trend line
- Below 200MA
- Below POC / needs to see POC shift to lower sector
- ST not ok
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"Discipline is rarely enjoyable but almost always profitable"
Cheers and happy trading!
WATCH $PROFBullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Decent PE
- Decent PEG
- Decent P/FCF
- Strong Sector / Industry / Leader
- Prostate cancer is the #4 cancer in the world
Technical
- Momentum Theory Indicator - waiting for momentum to break out
- Momentum divergence on the MTI 02
- Price action formation ( dowtrend channel )
- Broke Trend line / retest needs to hold
- Below 200MA
- Below POC
- Pending ST
- No bullish Candlestick
PROF / SPY
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
Get comfortable being uncomfortable
Cheers and happy trading!
WATCH $INCY CUP AND HANDLEBullish
Fundamental
- High inflationary Macro environment / still no fear form retail sentiment
- Decent Accumulation/Distribution
- Decent PE
- Decent PEG
- Decent P/FCF
- Top Sector / Industry
- Fundamental sound company with a Cup and handle play / short term
Technical
- Momentum Theory Indicator - momentum broke out downtrend
- Price action formation ( down channel )
- Broke Trend line and rejected
- Above 200MA
- Above POC
- ST ok
- Bullish Candlestick pattern follow through
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
"You miss 100 of all the shots you don't take"
Cheers and happy trading!
WATCH $INMD Bullish
Fundamental
- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Top Sector / Industry
- Niche market thoughts
Technical
- Momentum Theory Indicator - breaking out neckline
- Price action formation ( falling wedge )
- Broke Trend line
- Doing double bottom under major S/R level
- Below 200MA
- Supported by POC
- ST pending
- Bullish candles
- Volume surged
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
“Every experience is a positive experience if I view it as an opportunity for growth and self-mastery.”
Cheers and happy trading!