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Trendfollowing

Ethereum About To Head To the Moon?Ethereum appears to be leaving Bitcoin behind in its dust as it is making new all-time highs following the long consolidation period between May and October 2021. During that time period, many crypto traders would have lost interest and felt the trend was coming to an end, but staying on top of the charts is essential as anything can happen at any time. The 200 simple moving average acted as a strong level of support during consolidation between June and July. The bullish momentum picked up in October, which took price out of consolidation. Any breakout can turn out to be a fake breakout which is why we like to see a retest of support. So following the breakout, price tested support on November 6th before breaking above the previous high. As we see a pattern of higher highs and higher lows, we should see a continuation to the upside and potentially a move towards $5000, which is the next level of resistance. Cryptos can move fast at any time, so we will have to keep an eye on Ethereum because it appears to be gearing up for something big. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
BITSTAMP:ETHUSDLong
by Sublime_Trading
S&P Resting Before The Next Big Move?The S&P 500 looks set to repeat the trend which unfolded last November. Back then price formed an area of consolidation from September and this also occurred this September as well. When we notice patterns in the market, we need to pay attention because it will provide us with an advantage and give us an edge that could prove very profitable. Following the area of consolidation between September and October, price formed an inverted head and shoulders pattern which is a trend continuation pattern. And as we can see, the trend has continued to climb higher. Since breaking out of consolidation above $4545 on October 25th, price continued to head up with a clean move, so we expected to see a pullback sooner or later. Price has now started to pull back after forming a new all-time high at $4718. The levels of support below price are the 20 simple moving average at $4586, and then we have the resistance turned support at $4545. The 50 simple moving average is also below that, just in case we see a deeper pullback. As for now, the market is bullish overall, and we are anticipating a bull trend continuation. Our stocks are currently performing well, and we are looking for compounding opportunities. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:SPXLong
by Sublime_Trading
CADJPY buy running ⤴️🙌Our trend follow EDGE strategy is being use on this trade. Entry details are shown on the chart. Trade has been live since 2:00 am UK time. I automate my tradingview alerts so have been in trade since then. Working the H1 time frame here and we're only looking for TP3. Trades spent quite a bit of time in draw down after alert presented. Has started to head in right direction but lets see where we end up. As always trade history can be seen at the foot of this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Long
by pow_removetheguesswork
GBPCHF long is a go ↗️✅Good morning traders and here's to new week 👍 We are using our trend following EDGE strategy for this GBPCHF trade. Entry details are shown on the chart. Trade has been live since 8 am UK time. Working the H1 time frame here and we're only looking for TP3. As always the report box at foot of the idea shows the stats for this strategy. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Long
by pow_removetheguesswork
2
EURGBP short has just alerted🔔📳We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart trade has just alerted at time of writing. Working the H1 time frame here and we're only looking for TP3. Previous two trades can been seen on chart. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork
2
I'm in an NZDJPY short 📉👍We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Trade has been live since 3:30am UK time. Working the 30M time frame here and we're only looking for TP3. Previous two trades can been seen on chart one found TP and one found SL. Lets see how trade number three plays out. As always trade history can be seen at the foot of this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork
2
RDY @ 9 NOV 2021Text me if you have any questions/comments for me. ----- RDY - Previous analysis was done on 4 Nov (red arrow) -> suggested waiting for a retracement and a successful rebound - Since then, the stock has retraced to test the psychological support at $4 levels - Personally, I would prefer a retracement back to the short-term support so that there is a better setup for entry - If the stock doesn’t retrace further, a successful rebound would be around 4.20 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if comfortable with a strict 10% entry
ASX:RDY
by Jerm88
QAN @ 9 NOV 2021Text me if you have any questions/comments for me. ----- QAN - Previous analysis was done on 26 Oct (red arrow) - Suggested waiting for a successful rebound at 5.80 levels before plotting entry - Since then, the stock has successfully recovered and looks to be trading at a resistance - Another retracement from here would create a strong Triple Top resistance - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest entry at current levels if believe that breakout will be successful
ASX:QAN
by Jerm88
IMD @ 9 NOV 2021Text me if you have any questions/comments for me. ----- IMD - Previous analysis was done on 14 Sep (red arrow) -> suggested entry at 2.43 levels if believe the stock can form new all-time highs - Since then, the stock retraced to test the mid-term support before rebounding to $2.43 on 28 Sep (blue arrow) - Another retracement and successful rebound later, the stock has achieved gains of more than 15% within 6 weeks - Recent price action to test the short-term support has provided a good setup for entry - A successful rebound would be around 2.90 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
ASX:IMD
by Jerm88
IEL @ 9 NOV 2021Text me if you have any questions/comments for me. ----- IEL - Previous analysis was done on 19 Oct (red arrow) -> suggested waiting for a retracement and a successful rebound - On 8 Oct (blue arrow), suggested entry at 35.75 levels -> If followed suggestion, would be getting 9% returns in roughly 3 weeks - Stock created new all-time high before retracing to a weak test of the short-term support - Today’s price action is technically a successful rebound - R is less than 10% - Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock can create new all-time high
ASX:IEL
by Jerm88
LIC @ 9 NOV 2021Text me if you have any questions/comments for me. ----- LIC - Previous analysis was done on 27 Oct (red arrow) - Suggested waiting for a successful rebound to 23.50 levels before plotting entry - Since then, the stock is stuck in No Man’s Land with the short-term average proving to be a resistance while the mid-term average is a strong support - A strong break of the mid-term support would likely be a Structure Break - A successful recovery looks to be around 22.60 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:LIC
by Jerm88
CVW @ 9 NOV 2021Text me if you have any questions/comments for me. ----- CVW - First time doing a written analysis on CVW - Stock has some history of erratic uptrends followed by a 90% drop from the All-time High on 2018 till the Covid pandemic crash - From March 2020 till Sep 2021, the recovery has been slow with a plenty of sideways movement - Over the last 2.5 months, the stock is showing promising signs of an uptrend - Last week’s strong test of the short-term average is proving that the stock is respects the strong support - Strong resistance at $0.80 levels that has been around as far back as mid-2014 - Successful breakout looks to be at 0.815 levels - R is above 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if comfortable with a strict 10% Stop Loss
ASX:CVW
by Jerm88
ACL @ 9 NOV 2021Text me if you have any questions/comments for me. ----- ACL - Previous analysis was done on 6 Oct (red arrow) - Suggested waiting for HH and HL formation before plotting entry - Since then, the stock is forming a series of HHs and HLs - A rebound of the short-term support would create a new Higher Low and provide a good setup for entry - A successful rebound look to be around 4.55 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:ACL
by Jerm88
29M @ 9 NOV 2021Text me if you have any questions/comments for me. ----- 29M - First time doing a written analysis on 29M - Since IPO, the stock has had a nice uptrend except during the September slump that affected the overall ASX market too - The short-term average is starting to be a strong support - Today’s Bearish Pin Bar with average volume can be a concern - Technically, the rebound is considered successful - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest entry at current levels if comfortable with potential strong retracements
ASX:29M
by Jerm88
RDY @ 4 NOV 2021Text me if you have any questions/comments for me. ----- RDY - Previous analysis was done on 26 Oct (red arrow) -> suggested waiting for a retracement and a successful rebound - Since then, the stock did not have a strong retracement but instead has broken through the psychological resistance at $4 levels - On 12 Oct (blue arrow), I also suggested entry at 3.50 levels which has seen the stock increase almost 20% since - Price is currently too far from the short-term support - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
ASX:RDY
by Jerm88
MQG @ 4 NOV 2021Text me if you have any questions/comments for me. ----- MQG - Previous analysis was done on 23 Sep (red arrow) -> Suggested entry around $178 levels if believe the stock can create new all-time highs - Since then, the stock tested the $182 resistance for 2 weeks before breaking out strongly - The stock has also had a weak test of the short-term support and has successfully rebounded - If you have taken the recommendation, you would in profit of around 13% after 6 weeks -> the returns strengthen the previous analysis that the stock fits investors/traders with a more conservative risk appetite - Currently, a good setup for entry has presented itself - R is less than 10% - Strategy-to-buy (DYOR) – Suggest entry at current levels if believe the stock can create new all-time highs
ASX:MQG
by Jerm88
LKE @ 4 NOV 2021Text me if you have any questions/comments for me. ----- LKE - Previous analysis was done on 21 Oct (red arrow) -> Suggested waiting for a retracement and a successful rebound - Since then, the stock has strapped on rockets to comfortable close above the psychological resistance at $1 levels - On 14 Oct (blue arrow), I suggested entry around 62 cents levels and following that recommendation would mean getting almost 77% gains - A retracement or sideways price consolidation would be good for the mid-term health of the uptrend - A strong pullback could still take place - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and a successful rebound
ASX:LKE
by Jerm88
DMP @ 4 NOV 2021Text me if you have any questions/comments for me. ----- DMP - Previous analysis was done on 12 Oct (red arrow) -> Suggested waiting for a series of HHs and HLs due to Structure Break - Since then, it tested $132 levels as a support before trying to break the short- and mid-term resistances - Today’s huge gap down to the strong support at $115 levels proves that the Structure broke in early Oct - Trend Followers buy stocks that are in an uptrend and DMP hasn’t been up-trending for a few weeks - Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
ASX:DMP
by Jerm88
ARB @ 4 NOV 2021Text me if you have any questions/comments for me. ----- ARB - Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for retracement and successful rebound before plotting entry - Since then, the stock retraced back to the support zone at $46-48 levels and have successfully rebounded - Today’s gap up and above average volume is a very good sign for the stock - If you didn’t entry before this, the share price is currently quite far from the short-term support - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest entry at current price if comfortable with potential retracement
ASX:ARB
by Jerm88
QPM @ 2 NOV 2021Text me if you have any questions/comments for me. ----- QPM - Previous analysis was done on 15 Oct (red arrow) - Suggested entry at current levels if comfortable with the setup and the stock’s price volatility - Since then, the stock created a LH and quickly fell back below the mid-term support - Short-term average no longer offers a strong support -> not a good sign - Today’s price action has broken through the 22.5 cents support level - The mid-term average is now a resistance - Immediate support looks to be around the 20-21 cents zone - Strategy-to-buy (DYOR) – Suggest waiting for the stock to recover to around $0.27 levels
ASX:QPM
by Jerm88
1