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Trendfollowing

BST @ 4 OCT 2021Text me if you have any questions/comments for me. ----- BST - First time doing a written analysis on BST - Stock re-started trading in late July - Since then, has had a 50% increase with nice uptrends - A nice test of the short-term average and a successful rebound will present a good entry opportunity - Stock volume is roughly less than 100k -> Illiquid stocks could mean that the stock may have sudden strong movements - Price action over the last 2 months shows quite healthy price volatility - A successful rebound close to 3.45 levels would represent a successful rebound - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
B
by Jerm88
ABB @ 4 Oct 2021Text me if you have any questions/comments for me. ----- ABB - First time doing a written analysis on ABB - In last night’s FB livestream, I suggested a breakout entry if believe the stock was capable of forming new all-time highs - Today, the stock created a new ATH but quickly retraced to form a bearish pin bar - Historically, the stock has had periods of uptrends interrupted by long periods of sideways consolidation - Stock is currently trading a resistance zone (blue highlighted zone) - A breakout entry would mean entering at a price that is far from the short-term support - Due to today’s bearish pin bar with above average volume, the entry for setup is on the risky side - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a better setup for entry
ASX:ABB
by Jerm88
MONEY: IN SMALL TRENDSIn my own methodology I've shown in other charts that, it doesn't matter which time frame you make your money. I even showed a 3 min trend on one occasion. All this true is trend-following - which is different to following a moving average of some sort. The ATR line reacts differently to price fluctuations. The important thing is to minimise losses. This chart is a 15 min time frame. It's of little value now because the start of the trend is where you want to be. But for the future I'm showing where the entry point is. Similar strategies can be used on other time frames. 1. See the trend breaking down and fighting to stay afloat. 2. See the double top on the 15 min time frame. 3. See price collapse. 4. See the rebound to 0.5% fib. Experience is required with all this. In this scenario the stop-loss could have been just above 0.618. That was an unlikely rebound in this particular scenario because price was struggling already. (In other scenarios where price isn't struggling as much I've seen retracements to 0.76 and above). Please note carefully: true trend following is a higher risk strategy but also an exceptionally higher reward strategy. It loses far more often than other strategies. But numbers of losses mean little. Why? It's the aggregate of the minority of big gains well outweighing minimised greater numbers of small losses. It certainly isn't for 'everybody'. In he captioned scenario, nobody knows how far that 15 min trend will go. NOBODY! For trend-followers in this scenario, the exit would be the amber line. In other words, the market shows the entry point and the exit point. That's very scary. See same strategy on the lowly 3 min time frame below Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
A
by Captain_Walker
GBPJPY long has alerted 📳🔔We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the H1 time frame on this strategy. We're only looking for TP3. Previous trades can also be seen on chart and last one was covered in the idea below. The 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
3
Can Apple Bounce?Apple is experiencing a weak September, but a quick inspection on the monthly timeframe shows price is now finding support at a resistance level turned support. This level is based on the January 2021 high at $145. Price initially broke above this level in July 2021 and started pulling back this month. Last week price opened below this level but closed above it, closing with a strong bearish candle. We have the $150 round number above price, so even if we start to see bullish momentum, this will be the first hurdle for price to get through. The next hurdle will be the all-time high at $157. As the overall trend is bullish, we anticipate a bounce from support. If the long-term trend is as strong as before, it should make light work of the resistance hurdles in the way. As we have positions already running, we will look for compounding opportunities once we begin to see breakouts. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
NASDAQ:AAPLLong
by Sublime_Trading
Another Rally For Bitcoin Due?Bitcoin is currently going through a stagnant phase as it is moving sideways and not moving much in either direction. December 2020 to April 2021 was a good run for Bitcoin as it experienced a move from $19,700 to over $64,800. The decline that followed brought price to the 50 simple moving average. The first contact was made in June then again in July. The July move took price up to $52,000 with a nice clean move but a pullback from early September followed this. Price has come close to the 50 simple moving average this month but found support just above this indicator. The 50 simple moving average is just around $40,000, strengthening this area as a potential support level. Bitcoin may still see another rally if price can find its footing at support and build the momentum to then go on and create new all-time highs. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
BITSTAMP:BTCUSD
by Sublime_Trading
SHL @ 27 SEP 2021Text me if you have any questions/comments for me. ----- SHL - Previous analysis was done on 13 Sep -> suggested waiting for successful rebound to around 43.00 levels before plotting entry - Since then, the stock did not recover to around 43 levels - Instead, the stock closed below the mid-term support last Friday - In last night’s livestream, I shared that I was still holding the stock and I’m going to risk some of my unrealised gains to see if the stock is capable of an immediate recovery - Today, it closed above the mid-term resistance by the skin of its teeth - I’m still concerned by the lack of buying volume returning -> an important criteria that can drive a strong rebound - A successful rebound will be at 42.50 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
ASX:SHL
by Jerm88
CXL @ 27 SEP 2021Text me if you have any questions/comments for me. ----- CXL - Previous analysis was done on 15 Sep -> suggested waiting for retracement and successful rebound - Since then, the stock created a new all-time high and quickly to test $5 levels - Price is quite extended at the moment and far from the short-term support - A successful rebound look to be around 5.35 levels - Due to the risky setup, a better way to manage this trade is to wait for another retracement and rebound wave - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for another retracement and successful rebound
ASX:CXL
by Jerm88
CSL @ 27 SEP 2021Text me if you have any questions/comments for me. ----- CSL - Previous analysis was done on 7 Sep -> suggested half entry around 310 levels if comfortable with overhead resistance zone - Since then, the stock continues to be bounded by the overhead resistance zone (blue shaded area) and the counter-trendline (purple dash line) - As mentioned in last night’s livestream, I raised my concerns that the stock might experience a retracement - Stock closed below the short-term average -> we could see a test of the mid-term support this week - A successful rebound would be when the stock goes back to 310 levels - R is below 10% - Strategy-to-buy (DYOR) – Suggest half entry around 310 levels if comfortable with overhead resistance zone
ASX:CSL
by Jerm88
ACL @ 27 SEP 2021Text me if you have any questions/comments for me. ----- ACL - Previous analysis was done on 23 Sep - Suggested waiting for successful breakout of 4.60 levels accompanied with strong volume before plotting entry - After last Friday’s gap up and quick retracement, I thought the stock would retrace to the short-term support again - Today, the stock closed above the resistance with slightly above average volume - Stock looks to be a bit far from short-term support -> slightly higher risk - Continued price action above today’s high would be a successful breakout - Increased trading volume would be another good confirmation - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest entry above today’s high if believe the stock is capable of forming new all-time highs
ASX:ACL
by Jerm88
ASX 200 @ 27 SEP 2021Text me if you have any questions/comments for me. ----- 27 SEP 2021 – Market Watch As mentioned in last night’s livestream, the ASX 200 is currently trading in No Man’s Land. This is a zone where it is trading in a band that is bounded by a strong resistance (7400 levels) and strong support (7250 levels). Usually, when an index or stock is stuck in No Man’s Land, there needs to be a strong catalyst to break either the resistance/support. With the markets still feeling the unease stemming from Evergrande’s missed interest payment last Thursday and the continued lack of clarity on the US Fed’s tapering plans, I fear we might continue to be stuck in this tight band (blue shaded zone) for at least the coming week. The best-case scenario is if there is a successful push to 7500 levels and beyond. If it happens, I would be more bullish on the market. As it is, I am more trigger happy when deciding to trim positions. If Evergrande somehow presents a huge contagion effect at a global level similar to Lehman Brothers, the ASX 200 will likely drop to possibly even break 7150 levels. 88% of my stocks are green today. How about you? If you find this market analysis helpful, let me know in the comments. May the markets continue to be with us! Disclaimer:- I’m a mid-term trader and I hold my stocks between 1-3 months. I’m using Trend Following strategies and my analysis will be from a perspective as a Trend Follower. I’m sharing these analyses for learning purposes and as always, DYOR.
ASX:XJO
by Jerm88
10
ABNB: RECOVERY PLAY, ICHIMOKU ANALYSISABNB : Another reopening play, people looking to travel again. Ichimoku analysis on daily: The price is currently blocked by the cloud. Pressure is building to reintegrate the cloud. The lagging span (green line) has broken the Tenkan (blue line) and is heading for a test of the Kinjun (dark red line), the flat zone of the Kinjun is our 1st target/resistance at 156 (providing the price can reintegrate the cloud). This is what I'm playing now with a long trade. The next step will be for the price to reach the top of the clouds (and maybe break out of it) and the lagging span to break the Kinjun, confirming the change of trend. Note how Ichimoku is precise, all flat zones (of clouds and Laggin span) represent former supports and resistances (the 4 targets on the chart). On a separate note you can see a sort of ascending triangle on the daily chart. Trade safe! More on Ichimoku (by Investopedia): The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future. Key takeaways: The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in. The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line. The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up. The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
NASDAQ:ABNBLong
by Elpidaldo
XRF @ 23 SEP 2021Text me if you have any questions/comments for me. ----- XRF - Previous analysis was done on 14 Sep -> suggested waiting for stock to retrace and rebound successfully - Stock recently had a minor retracement and rebounded - On 30 Aug, suggested entry at 0.54 levels if believe the stock can create new highs - Since then, the stock has risen 24% in less than 4 weeks - If you missed the suggested entries, current price is no longer suitable for entry - Price is currently too far from the short-term support - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for stock to retrace and rebound successfully
ASX:XRF
by Jerm88
TLS @ 23 SEP 2021 Text me if you have any questions/comments for me. ----- TLS - Previous analysis was done on 14 Sep - Suggested half entry at 3.95 levels if believe the stock can successfully breakout of resistance at 4.00 levels - Since then, the stock had a failed breakout and quickly retraced back to the mid-term support - Stock is rebounding and is again testing the strong resistance at 4.00 levels again - Successful breakout looks to be close to 4.10 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout before plotting entry
ASX:TLS
by Jerm88
REA @ 23 SEP 2021Text me if you have any questions/comments for me. ----- REA - Previous analysis was done on 9 Sep - Suggested waiting for successful breakout of 170 resistance levels - Since then, the stock has gone up 9% and broken through the counter-trendline (purple dotted line) - 170 levels has been a resistance since June 2021 (blue dotted line) - A successful breakout looks to be around 174 levels - If a breakout is unsuccessful, it’s important that the stock rebounds of the counter-trendline - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of 170 levels
ASX:REA
by Jerm88
4
MQG @ 23 SEP 2021Text me if you have any questions/comments for me. ----- MQG - First time doing a written analysis on MQG - Stock has a history of uptrend that is punctuated with sideways movements - Usually, a low volatility stock that doesn’t have strong pullbacks (less than 10%) - Stock would fit traders/investors who have a longer time horizon (ie. A few months) - Recent test of the short-term support and subsequent rebound has provided a potential rebound entry - R is less than 10% - Strategy-to-buy (DYOR) – Suggest entry above today’s high if believe the stock is capable of creating new all-time highs
ASX:MQG
by Jerm88
CHC @ 23 SEP 2021Text me if you have any questions/comments for me. ----- CHC - Previous analysis was done on 21 Sep – Suggested half entry at 18.30 levels or wait for successful breakout of 18.50 resistance levels - Since then, the stock has successfully broken out with above average volume - If you have taken the entry suggestion, there will be gains of 2-4% within 2 days - Stock is currently trading at all-time high levels - Price is too far from short-term support -> no good setup for entry - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for retracement and successful rebound
ASX:CHC
by Jerm88
ACL @ 23 SEP 2021Text me if you have any questions/comments for me. ----- ACL - Previous analysis was done on 16 Sep - Suggested waiting for successful breakout of 4.60 levels before plotting entry - Stock has been trapped in a band (moving sideways) for almost a month - It still respects the short-term support -> good thing - Stock has a lot of long shadows around the 4.60 resistance zone - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of resistance accompanied with strong volume before plotting entry
ASX:ACL
by Jerm88
EURUSD long opportunity running ⬆️🙌We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the H1 time frame on this strategy. We're only looking for TP3. Last trade can also been seen on chart which was a successful short. Trade history can be seen below this trade idea too for full transparency. Tight stop loss on this strategy put it's been proven in the back testing the most profitable method to trade this pair. ------------------------------------------ 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.
Long
by pow_removetheguesswork
CNI @ 21 SEP 2021Text me if you have any questions/comments for me. ----- CNI - Previous analysis was done on 16 Sep - Suggested entry at 3.50 levels if believe the stock can create new all-time highs - The next day, the stock gapped up to create new all-time highs -> no good setup for entry - Since then, the stock has re-tested the short-term support and today created a nice pin bar - A successful rebound will be close to 3.60 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful rebound before plotting entry
ASX:CNI
by Jerm88
CHC @ 21 SEP 2021Text me if you have any questions/comments for me. ----- CHC - Previous analysis was done on 14 Sep - Suggested waiting for successful breakout of either counter-trendline or 18.50 resistance levels - Stock today broke out of counter-trendline with slightly above average volume - There is still an overhead resistance at 18.50 levels - While the overall market has been weak, the stock has respected the short-term support -> good sign - If you didn’t enter at counter-trendline breakout, entry at current price levels would be a pre-breakout strategy for the 18.50 resistance levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest half entry at current levels or waiting for successful breakout of 18.50 resistance levels
ASX:CHC
by Jerm88
PLS @ 20 SEP 2021Text me if you have any questions/comments for me. ----- PLS - Previous analysis was done on 14 Sep - Suggested half entry at 2.25 levels or wait for more confirmation of uptrend - The next day, stock gapped up to create new all-time high and there were no entry opportunities - Stock has retraced back to the 2.00-2.05 support zone -> shows a lot of weakness - Any break of this support zone would also constitute a structure break - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs and Higher Lows
ASX:PLS
by Jerm88