Setup: Squeeze breakout Trade rating: 4/5 Reward: risk: 2.8:1
Setup: Squeeze breakout Trade rating:4/5 Reward: risk: 5:1 Tesla has been consolidating and seems over sold to me. was waiting for confirmation and this breakout of the channel looks like the reversal confirmation we have been waiting for. my only concerns in the longer term is that the overall market turns bearish and pushes it back into the consolidation...
Setup: The Squeeze Breakout Trade rating: 3 Reward: risk: 11:1 Market conditions: Choppy I am concerned that if the sp 500 reverses my stop will be hit so using small size. the risk to reward was so good on this one I had to take it
we formed double support above the 0.51$, if we held that level, we going to see a test around 0.67$, if we had a breakout, we going to have 2 profit taking .
Ger 30 break out squeeze 1 hour chart 4.5/5 Great squeeze breakout first target 50 stop loss 10
Long Ger 30 again 1 hr chart Got stopped out last time but the trade still looks very good so I am re-entering
Short usdchf with trailing stop of a 1 candle trailing stop Trade 4
I would rate this trade 4 out of 5 see the dollar is moving lower I am concerned that if sp 500 rallies this play will be affected due to risk trends and the yen lets see how it plays out