Long NVDA? Sure why not!See if I can go long a little bit lower than the close since the futures are slightly red.
Wide stop on this one. Let's see what happens!
Cheers
Swingtrader
SHOP off of the 200 day SMAToday SHOP made a lower low, but is still holding the 100 day sma on the daily chart. I'm putting an order out there for a limit buy at $110 with a stop at $100.
She may hold here and continue higher if the overall market does too.
Let's see what happens :D
CHF/JPY Swing Trade - PRZ Potential 300+ pip trade!!With CHF/JPY coming near fresh yearly highs after such a strong multi week push, its do for a reversal at the 118-119 zone. For the pattern traders we can see CHF/JPY presenting a huge ascending triangle for bullish long term momentum, in the mean time im looking to go short in expectations of price going back into consolidation. . If you take the time to zoom in we can see Friday close offered us a hammer/pin bar candle! Next expected support as far as i see is around 115-115.50, which lines up with uptrend support and the 61.8 golden Fib Reversal zone. This coming week (2/5/18) I will be watching the H1-H4 time frames like a hawk for signs for fake out/reversal in the 118.50-119 area, stop loss 15-20 pips above 119. I will be posting an update on this chart when it comes time to take profit and go long. Always remember.. big swings=low lots!
Happy Trading!
SQ looks to continue higherIf we have a pull back, $43 would be a great support to buy on the hourly chart.
In the meantime, buying off the 50 day EMA on the hourly time frame would be a great idea.
Here is the hourly chart:
Series of Bearish Pennants imply downtrend will continue soonSo far on the downtrend from 20k, we have had a series of 3 bearish pennants form. The first two were textbook and led to nice continuations downward. We are now nearing the end of the 3rd bearish pennant. If this pattern plays out as expected, prices should remain capped near 14k(bitfinex/binance feeds). On the downside, I'm looking for a solid break of 13k to confirm that this pattern is going to turn into a continuation downward. Price is barely remaining supported by the moving averages on the hourly chart, and they are starting to consolidate to indicate an impending breakout. We will almost certainly see a test of 10k if it breaks downward, and it looks like price should remain supported near 8k after that.
Waiting for potential USDCAD trade following macroeconomic dataThe movement of the USDCAD cross is heavily directed by surprises in economic data. Waiting for CAD retail sales numbers and a potential short entry. SL 50 pips, Take Profit 650 at 1.1950. Using real-.time data feed to enter my trade
EURUSD SHORT SWINGSHORT SWING:
EURUSD
UPDATE:
Still holding shorts, price is retracing into the weekly zone and I expect it to drop back after premium price has been collected.
***SL and TP areas are posted respectively.
Potential Short on GBPCAD . Looking for a Swing on GBPCAD. looking to catch the movement to the downside or the trend continuation from 1.69 MONTHLY SUPPORT zone as execution approaches. News during Brexit and the new election process happening this week could dramatically effect all Sterling Pairs. Theresa May will have to step down from office as the new Electoral Party seem to despise . Key zones as TP or reversal zones could be 1.65, 1.63 and 1.62. Fibb levels. No triangles or specific trending apparent at this time.
AUD/USD POSSIBLE LONG UPON BREAK 'BULLISH' FLAG & 50ema BOUNCED, 123, Gr4d, Candlestix
4hour unfinished Candlestix Gr4d
looking for a Bullish breakout out of the channel & also a touch of the 50ema
1hour weve popped above the 50ema and completed 1 CGR and currently at 11:20 we have 1 more Gr4d above current candle with candlestix within range...
will also try to trade and build the Algo to trade with these setups
Bullish Pennant forming in NEOA bullish pennant appears to be very near completion. A break from this wedge will be coming soon regardless of direction. This is generally a bullish symbol though, and NEO appears to have a lot of momentum still behind it. Also, NEO has retraced completely to the 61.8% Fibonacci line from it's most recent rally. The 50-61.8% lines tend to be the full retracement necessary for continuations on bullish rallies, especially in cryptocurrency. The first profit target is near the recent swing high. We will almost certainly see a retracement from there if it goes that direction. With the right conditions from there I'll be looking to the Fibonacci extensions labeled above it along with previous pivot points in this range. A break below the bright blue line at the low of the pennant will invalidate this trade setup. It is entirely possible to see a "fakeout" back towards that low before moving higher if this doesn't break straight up. If you're not already in it, please keep this in mind and don't ride it below the pennant low.
AMD bounce off of ~$13 supportAMD has pulled back to its support at ~$13. Looking for a bounce off this level with a run back up to $14.50 or more. The price action is similar to the past several times where the stock has gone up multiple days in a row and then went down for a few days before going back up again. Keeping the stop tight at $12.65.
Only will make this trade if AMD opens up tomorrow above the close price off Friday, i.e. looking for an entry of $13.20.
WIFI Possible Profit TakingHUGE gap on Friday. Expecting some profit taking on a 25% gain in one day. Will look to go short if the 1.382% fib level acts as a resistance. Previous bullish actions with WIFI have resulted in decent pull backs before moving higher.
If I enter, my stop loss will be set at $20.
CEMP Trading the TrendCEMP has formed an ascending triangle. The bottom trendline is strong. Looking for a move higher back to resistance around $4.86. Possible gap fill back at the end of last December? We shall see. At the very least looking to trade the trend.
SNAP Long into After Hours or Pre Market/FridayMoving averages are lining up on the 30 minutes for a push and looks to be at the ichimoku. I'm looking for a break of that ichimoku cloud... risk is 0.33% while profit target is 2-2.3%
AMD Mixed - Bull flag or descending triangle Mixed so until the TA confirms.. I am not holding. Bull flag here or desending triangle is presented.. BUT the stock is following trend... the moving averages have crossed mainly but... MIXED. Only good for intraday until confirmation but it could confirm AH or Premarket. I will do a full analysis later. ... remember I am a scalper.. swinger.. .mainly scalper.. I don't follow trend. I look for volatility momentum volume and spreads... short or long.. I'm in it to win it... and that could only be for 1 minute ... 30 seconds ... 5 minutes.. etc.
LYG near bottom of channelLook for entry at $3.60-$3.65 if price level holds. Trade up to the top of the channel, which is ~$4.10.
Looking to Buy INAP at SupportStock pulled back today. Expected it since the INAP has been moving up for several days in a row. I'm a buyer if the stock pulls back to support, holds and a bullish candle forms. Also if the short-term resistance at $4.30 is taken health in a bullish way.
GNC Trading SidewaysGNC is rangebound. I am looking for a pull back to the bottom of the range, i.e. support, to buy. If the price retest the top of the range, I'll look to go long if a bullish candle forms. If not, look to go short to trade to the bottom of the range.
AUDUSD LONGit is time to long aud usd.
double bottom on 4hr timeframe. created a higher low.
with aud news coming ahead it could drive aud higher
TP 1 : 0.76935
TP 2 : 0.78489
CLEAR RESISTANCE LEVEL APPROACHING IN OIL USO!Recently exited this USO trade for a 7% gain! To those of you still holding on, don't get greedy above $11. Short be short term resistance, fade candidate.
VOW3D @ daily @ highest H/L-Range (all 30 dax shares) while 2017This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
drive.google.com
4XSetUps for next week - friday close (DAX 30 Index & all shares)
Best regards :)
Aaron
