AMZN - 17.96% Profit Potential - Bullish PennantBullish Pennant formed after a 5-month correction. Multiple new support confirmation over the past few days and price that resisted the news of Bezos leaving the company.
I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual.
- Target Entry $3329.12
- Target Stop Loss $3270.00
- Target Exit $3884.42
About me
- P/L Oct-Dec-Jan Trading Suspended | September +49.18% | August +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Swingsetup
Swing trade - BUY - AXELooking for a swing trade for a couple of days, I like this stock because it had a pull back, volume bar look good as well and MACD was on my side as well. Furthermore, the market cap is 153m with a 185 million float, so the stock is going to move. Got in at 76.5 cents with 1250 shares a stop lost of 68 cents. Then it was moving towards my favour and I through I will put a trailing stop and of course it hit it. So made a profit of $44, I think swing trading is the way to go for me.
USDCAD - BREAKOUT CONTINUATION IS ON THE CARDS!Here I explain why I thin we could see a continuation to the upside and potentially test 1.29000 for USDACD after a recent break of consolidation, as long as we hold the key support level in the market.
Thanks for taking the time to watch.
leave a comment if you agree, disagree or have any questions :)
XAUUSD SHORT - POSSIBLE BREAKOUT TO THE DOWNSIDE!Here is my analysis behind Gold. In this video I explain why I think we could see a breakout of the current consolidation in this market to the downside and potentially go and test the previous swing low at around 1770.00.
Thanks for taking the time to watch.
leave a comment if you agree, disagree or have any questions :)
Great Potential Swing Trade for Coca-Cola (KO)Coca Cola is well below the 200ma and has now bounced off its support. The stock is also in a bullish channel and with earning coming up and some positive news, it looks like it could be great swing trade for coming days/weeks and for a very cheap price in options!
Coca Cola is a safe bet, as we can all pretty much agree, the company isn't going anywhere long term.
They recently have made lots of adjustments to their business plans moving forward to adapt to the changing market and become more efficient as a company which can be found here: www.coca-colacompany.com
With a rise in the coffee market worldwide, Coca-Cola has recently launched their own product which can be found here: www.foxbusiness.com
Lastly, hard seltzers were the quickest growing products in the alcohol market last year with drinks such as Trulys gaining popularity. Much like the coffee market, Coca-Cola is launching their first ever alcoholic beverage and jumping on the seltzers band wagon moving forward, that info can be found here: www.usatoday.com
AUD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
AUD/JPY: Day-Swingtrade-Preparation
Market-Buy: 80,330
Stop-Loss: 79,945
Point Of Risk-Reduction: 80,520
Take-Profit: 81,090
Stop-Loss: 38 pips
Risk: 0,5% -1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
USD/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
USD/CAD: Swingtrade-Preparation
Market-Sell: 1,28345
Stop-Loss: 1,27890
Point Of Risk-Reduction:1,26815
Take-Profit: 1,26100
Stop-Loss: 55 pips
Risk: 0,5% -1%
Risk-Reward: 2,25
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
BUY $AMC - PT1 2.98, PT2 3.98, SL 1.86 #fintwitPros: AMC is trading near historic lows on a medium term volume shelf. Upward pressure as vaccine rollout continues and anticipation for theatres reopening starts to build, will probably push it towards the next volume shelf above.
Cons: Company is currently in a cash crunch. Longer term play, may take 2 - 3 months to hit $4.
Notes
You could also scalp to 2.5 on this play.
CAD/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a conformation!
CAD/JPY: Swingtrade-Preparation
Market-Buy: 81,950
Stop-Loss: 81,210
Point Of Risk-Reduction: 82,810
Take-Profit: 83,800
Stop-Loss: 74 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
EUR/CAD could move UP!Hey tradomaniacs,
Euro getting stronger as expected!
Next opportunity I see is that EUR/CAD could retrace back to its current Trendline if we see momentum above the resistance of the support-zone👉
The market, especially stocks and indicies are very choppy and boring to watch, which is why taking trades in this enviroment involves higher risk!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
HOLX - 18.87% Potential Profit - Bullish PennantBullish Pennant formed after a 9-month run. Multiple new support confirmation over the past few days.
I am being quite conservative with the Stop Loss. You can place it to $76.59 if your appetite for risk is higher.
- Target Entry $80.50
- Target Stop Loss $79.22
- Target Exit $94.00
About me
- P/L September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
GOLD BUY SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
10 year YIELDS dropping with US-DOLLAR. Perfect correlations for a LONG GOLD!
XAU/USD: Daytrade-Execution
Market-Buy-Order: 1887,00
Stop-Loss: 1855,00
Point Of Risk-Reduction: 1915,00
Take-Profit: 1958,00
Stop-Loss: 32 pints (320 pips)
Risk: 0,5% -1%
Risk-Reward: 2,2
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
NZD/CAD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
NZD/CAD: Swingtrade-Preparation
Market-Buy: 0,92150
Stop-Loss: 0,91600
Point Of Risk-Reduction: 0,92500
Take-Profit: 0,93325
Stop-Loss: 55 pips
Risk: 0,5% - 1%
Risk-Reward: 2,26
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
HPQ - 14.95% Potential Profit - Ascending TriangleAscending triangle formed after a 9-month modest rally. Multiple new support confirmation over the past few days.
Support has been broken in a few occasions. However, I still feel that the risk/reward ratio is acceptable.
- Target Entry $24.30
- Target Stop Loss $23.81
- Target Exit $28.01
About me
- P/L: Oct-Nov-Dec Trading Suspended | September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
CMG - 13.50% Potential Profit - Ascending TriangleAscending triangle formed after a 9-month monster rally followed by a correction period. Price seems to have graduated from its uncertainty and ready to keep that rally going.
Support held strong in the past two weeks and I feel that the risk/reward ratio is excellent on this trade. Positive vaccine news could act as a catalyst.
- Target Entry $1406.15
- Target Stop Loss $1384.94
- Target Exit $1598.50
About me
- P/L: Oct-Nov-Dec Trading Suspended | September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
AUD/NZD SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
AUD/NZD: Swingtrade-Execution
Market-Sell-Order: 1,06735
Stop-Loss: 1,07270
Point Of Risk-Reduction: 1,06300
Take-Profit: 1,05650
Stop-Loss: 55 pips
Risk: 0,5% -1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
GBPCAD LONG - PRICE REJECTING CHANNEL AND SUPPORT LEVELGBPCAD is currently testing a strong area of support and is also testing the lower channel of a descending channel. We have to reject this area on the H4 timeframe and we could be seeing a swing to the upside now for the pair to breakout of the channel and create some new highs at 1.75000 if we start to see some more GBP strength come into the markets.
If you have any questions just drop a comment :)
EURCAD LONG - POTENTIAL HIGHER DAILY LOW AND A PUSH HIGHEREURCAD has recently made a new high and is pulling back into previous daily resistance which is now turned daily support. If EURCAD can provide some bullish price action in this area, we could see another bullish swing for the pair giving us new swing high and potentially reach 1.58000
Like if you agree and if you have any questions, just drop a comment :)