Sell Displacement US30 TradeSELL US30 Displacement trade is setting up or has activated.
Entry: 34940
TP1: 34701
TP2: 34510
Stop Loss: 35032
Max Risk should be in the 1% - 3% range
secondary trade with double the risk reward meaning
tighter stop loss and bigger chance of loss,
adjust stop loss to 34990
Viper
CadJpy Displacement Sell setupJpy has been moving with US Yields, With this drop it's setting CadJpy to fill an imbalance
on the chart giving us a 100 pip trade idea. Looking for this to activate tomorrow but wanted to get it to you guys early just in case.
Don't be surprised if we see a pullback first before it activates or a wick into activation a pullback to scare people and then drop.
Selling CadJpySelling CadJpy
Two possible scenarios.
1) Dxy continues weakness I believe this trade will shoot down with it.
2) Pullback Monday gives Dxy strength which will cause this to pullback before dropping.
Monitor the open of the markets and when volume enters the markets this trade should activate. Overall it's setting up nicely for a 300 pip trade.
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$VPER Viper Networks Long- Similar type of impulse movement to Tesoro.
- I am very long on the Smart City sector, it is going to be the next bubble in the coming Biden admin years.
- Penny stocks surging is a sign of speculative excess, but whether a market correction comes before the bubble or not, I am keeping some of these penny stocks on watch and starting positions in them. We will know which are the real winners by their performance in a bubble crash. The crash may never come, it may be that the value of USD is crashing. Best to hedge, while having positions in the risk assets. At the beginning of a new bubble, CapExs are filled very quickly. You don't want to miss these chances.
Short term PT: 0.04
VNOM BIDEN ClampOil Looking Good again under Biden Admin Regulations to drive price up. keep thing a bit tapered down. good for overall energy sector for now.. until.. he unleashes Iran back onto the market sending price back down..
well hoping he has more on his to do list then cozying up with our Enemy. maybe oil reaches 60. looking for pullback to MA then a move to hopefully break to 14.50.