Luminar has struck a deal with Mobileye, an Intel company!Luminar Technologies, Inc. (“Luminar”), the global leader in automotive lidar hardware and software technology, which is currently in the process of becoming a public company through its expected merger with Gores Metropoulos, Inc. (Nasdaq: GMHI, GMHIU, GMHIW), a special purpose acquisition company, has struck a deal with Mobileye, an Intel company, to supply Luminar lidar for the company’s Autonomous Vehicle (AV) Series solution in its next phase of driverless car development and testing.
As part of the agreement, Mobileye will collaborate with Luminar to use its lidar for the first generation of its level 4 Mobility-as-a-Service (MaaS) pilot and driverless fleet in key markets around the world
Luminar’s technology will be used to enable Mobileye’s TRUE REDUNDANCY™ solution which is uniquely comprised of multiple self-contained sensor systems to enable uncompromised safety and validation for level 4 driving. By processing completely independent streams of data from 360-surround view cameras, lidar, and radar, the solution ensures significantly greater perception accuracy and eliminates the impact of disruptions to an individual sensor.
Austin Russell, Founder and CEO of Luminar Technologies said that“Mobileye disrupted the auto industry to become the undisputed king of ADAS, and with the right partner is uniquely positioned to enable autonomy at an unprecedented scale.” “After collaborating with Mobileye for over a year, we’re excited to formalize this deal and work towards a shared vision of making autonomy safe and ubiquitous.”
Luminar has secured a total of 50 commercial partners across passenger vehicle, trucking, and robo-taxi verticals, representing approximately 75% of major players in the targeted customer ecosystem. Luminar’s accelerating commercial traction has resulted in opportunities to convert 12 of its OEM programs and engagements from development stage into production.
Key 2020 achievements across its three key verticals include:
Passenger Vehicle – Luminar has secured the industry’s first series production deal for consumer vehicles starting in 2022. Luminar remains on schedule with the first Iris sensors now running live on vehicles. Luminar is partnered with seven of the top 10 largest automakers at various development stages, with timelines to series production landing between 2022-2025.
Trucking – Luminar is partnered with the largest global truck OEM to commercialize Level 4 autonomous trucks for long-haul highway use cases; Luminar is now also powering all other major autonomous trucking programs globally.
Mobility-as-a-service – Luminar is now working with a number of major next-generation autonomous robo-taxi programs, with particular focus on those closer to series production, including Mobileye’s internal Mobility-as-a-Service program.
www.businesswire.com
Stockstrading
Swing Trade Idea for ACC in December Month
Hello everyone,
ACC is Trading in a range for the last 3 weeks this is a consolidation fedge and this range will decide what will the next move. Create alerts at 1590 and 1725 and wait for breaks. A huge run will be accepted either downside or upside depending on where it breaks. Perfect for swings and RR is good here.
Long above: 1725
SL:1590
Target: Open
Short: 1590
SL: 1625
Target: Open
Apple Stock will be stuckThe fair value of Apple stock is 112.94 $ per share. That based on the previous earning report released by Apple on Oct 29, 2020. Until, the next earning report which will be on Feb 02, 2021, Apple stock will be stuck in the range between 138 which will barely reach, and 102 $ which high likely will be reached. Once that date reached and based on the earnings report the stock is either will be appreciated and goes up or depreciated and goes down.
Pennant pattern on AMD / Long perspective and some theoryToday we have a long set up to share on the Stock Market. Here you will have a full explanation of it.
a) What is a continuation pattern? A continuation pattern is a structure that comes after a bullish or bearish movement. The main characteristic is that is a sideways period that tends to have 3 forms a) Zig-Zag (also known as a flag, pennants), Triangles ( composed by an ABCDE), and Flats (literally are rectangles structures)
b) When we spot a corrective structure (in an appropriate context), we can project the coming movement using Fibonacci Extensions
c) Here, we can see 2 corrective structures on the same chart. The one we are interested in right now is the current pennant pattern
d) If we have a breakout of the structure above B, we expect a continuation movement towards the 2nd Fibonacci Extension
e) When trading these structures, Orders can be set above B (if we are in a bullish scenario). The stop should be set below C, and the Target can be set using Fibonacci Extensions as we explained before
f) Remember that another key aspect of trading is Risk Management. If you are about to trade, define a specific risk according to your account. Trade safe and protect your capital!
TESLA INC Tremendous possibility to short Telsa stocks or sell them to buy them at a better price.
Price Action is reaching all time high and could possibly break above however knowing how the economy is currently and with the elections I fear people will get into panic and price will eventually fail to break resistance above causing to short near MP area.
NAS100 BANKED 3.5% ON THE BUY + SELL TRADE RUNNING +1%NAS100 previous and current trade using our stocks strategy
NO analysis, NO zones, NO trend lines... just buy on a buy alert and sell on a sell alert.
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
$GM the battle of faith$GM has always been a good indicator of $DJIA and the way it could move in the future. Last week swing high in this stock is highly unusual taking into an account indebtness and GDP fall and consumers uncertainty invoked by COVID-19. 38-38.4 is that magic line this stock needs to cross above or te be rejected from. It will be good for trading.
BUY CLOSED ON ROKU! +9% ACC GAIN! 🤪Great BUY here achieving a total account gain of 9%! from risking just 1% per trade! SELL NOW OPEN! LETS SEE WHAT WE CAN BANK!
HOLD YOUR WINNERS! STICK TO YOUR PLAN!
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
What's in for the SPY in the short-term?Hello, traders!
SPY, the ETF that tracks the SPX performance has managed to remarkably recover from the lows of spring this year as the COVID -19 virus threat became real.
The ETF has drawn up a very determined short-term uptrend, supported by the FED's interventions in the CEF, ETF and Bond markets.
Currently the ETF has been trading in a range since September and has managed to form two tops circa the 360 (figure) level. My overall expectations are for the instrument to test the trendline support and from there to:
1. Bounce back inside the uptrend and to continue again towards 360 or;
2. A breakout towards the 320 zone to form the neck of the double top;
2.1. Strong bounce up again for the price to return back inside the trend or;
2.2. Push below the neckline;
3. Test the neckline and successfully and start to execute the double top
3.1. Directly drop from the breach if the selling accelerates.
First target and a possible support will be the 200SMA, which slope will probably curve around the 308-310 level.
Overall target of the formation is below the 50 Fibo zone circa 280 level.
MACD's two MA's are also crossing, triggering a sell signal. The volume histogram is also fading, showing deacceleration in buying which may be an additional trigger for selling pressure.
S&P 500 SHORT RISK FREE AND RUNNING + 2% ACCOUNT GAINSPX500 trade made a great move, hit a couple of loser on the way before the sell took off. Let's see what happens !
BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +2%
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
FTSE 100 MOVING NICELY + 3.7% USING CUSTOM STOCKS STRATEGY UK100 trade made a great move! Let us know if you're in.
If you're not in, join our community to get alert's like this.
BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +3.7%
OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
IBM LONG SET UP (SIGNAL)TITLE : IBM BUY LIMIT ORDER
ASSETS : STOCK
SYMBOL : IBM
ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Daily
ENTRY PRICE 1: $125.30
ENTRY PRICE 2: $122.30
STOP LOSS : $118.30 (70 PIPS)
TAKE PROFIT 1- $132.30 (70 PIPs)
TAKE PROFIT 2- $139.30 (140 PIPs)
TAKE PROFIT 3-$146.30 (210 PIPs)
STATUS : active