Buy on TWTRThis trade is a paper trade for my Back to Basics Trading Challenge. I am not truly long on this trade.
Reallifetrading
Possible MU trade set upMU is having a strong day today on a bullish retest gap. Anyone trying to short in the past week is likely losing money. However, the short term target leaves things to be desired in the R2R ratio. However, if MU can break the resistance at around the 15.00 mark, it has a lot of room to run.
Possible trade set up on TWTRTWTR has been bullish since 27JUN. It had a HUGE day on 3AUG which completely blew out the SMA50. During that day, on the 5Min chart, there was strong resistance at the 17.50 mark. It traded down upon open today 4AUG and gained positive support near this level and breaking yesterday's resistance. TWTR is showing bullish at this point, but I'm not sure how far we have to run on this current bullish trend. Has the opportunity to buy past already for a decent risk to reward ratio? TWTR would need to break 19.19 for a 2R R2R if we place a stop at the 17.50 mark.
It would probably behoove me to wait for a pull back and buy in if it comes back to 17.50.
AAL Post Earnings AnalysisAAL is up on an earnings beat and is showing signs of resistance. There has been a lot of indecision the past several trading sessions and the momentum may be slowing/changing. I will be looking for AAL to either bounce of the EMA 50 or break out bearish on a cross.
This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
MU AnalyisMU has been headed towards its EMA 50 after a bearish reversal. I will look to buy the bounce on the EMA 50 or to enter bearish on a EMA 50 cross.
This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
TWTR AnalysisTWTR may be experiencing a bearish bounce off the EMA 50. I will look to enter bearish if the reversal continues or look to play a bullish cross of the EMA50.
This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
X Post Earnings AnalysisX is killing it after a big earnings beat. I would enter a bullish trade on X if it pulls back and maintains its bullish trend. It seems as though the EMA 50 might catch back up to the price and could provide support or become resistance on a cross. I will need to see more before I would have enough inclination to enter.
This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
SBUX AnalysisSBUX is nearing its 50 EMA after a mildly bullish rune since early July. If SBUX crosses the EMA 50, I will look for a bearish break out. Otherwise, I will look to buy the bounce.
This idea and analysis is part of a 3-month trading challenge in which I am only using the EMA 50 to indicate trades.
NFLX put sale - would like to own NFLX at $79NFLX is in a downward "ish" triangle , however seems to have 2 areas of strong support between today price and the put sale. I like owning Netflix at 79 so , the 8-19 put sale looks good to me. . If NFLX continues higher a Bear Call Spread may be a goo play as NFLX bounces off that trend line once again.
Wach out for this false break out on SAPBearish divergence on the OBV indicator and we have stuck right at a major resistance area shows we probably will pull back
Pull back to support?I think we either pull back to support or break bullish during the upcoming week, volatility is very low...I like SQ now for long term but i love it down at 8.14
GLD about to push back?Despite the dollar going up we saw some major moves on a lot of metals (including GLD) this friday and we ended the week with 9 pennys away from a tweezer bottom on the weekly
I´m right now waiting to see what the dollar might do in the near term future before entering any longer term trades but my trading plan allows for 1-5 days trades on metalls
Beautiful bounce on SLVSLV has made a very bullish gap off of support, in the low of this channel.... missed this move but my trading plan is to only be in short term (1-5 days) on precious metals right now since the dollar is on the move up.
I´m long term bullish on silver after the bullish break out of this falling wedge
SHOP retest gapSHOP is about to complete this retest gap in the top of a long term triangel pattern, if we see a strong break out and retest then buy the retest
WM distribution phaseLooks like WM has hit some major resistance from fib and trend lines, WM are in an uptrend and on the daily we see a BB squeeze forming, looks promising for a bullish breakout....
Weekly nice RR alert. 1.Daily MACD hidden divergence and zoomed to H4 MACD hidden divergence.
2. HH, HL formation.
3. RSI is Overbought.
4. 50% Fibonacci Retracement.
5. Strong daily resistance zone.
Long On EUR/USD BUY BUY BUY!!!Just like EUR/JPY this setup is clear and is making higher highs
we also got a bounce of the 0.618 FIB level time for a new high ?
Very likely
Also id like to apologise for the very basic descriptions very busy just trying to get the setups out to everyone :)
Trade safe
GBPAUD - Short ContinuationA temporal bounce is currently underway, however I expect the downward momentum to continue until around1.8000 to a reversal to the 1.8800 zone. However if the 1.7700 is reached without ever reversing then trade short till 1.7350.
Long On AUD/USD BUY BUY BUY!!!Long term trade
Nice continuation setup
higher highs
higher lows
daily showing signs of bullish price action
broken key level and signs of a push higher :)
Many other reasons but keeping this one short
