Do You Rememeber This Strategy ? - Let Me Explain It To YouBefore entering this trade
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The first thing that has to happen
is the 50 Day moving Average has to go above the
200-day moving average
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After this, it indicates an uptrend
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This is your first buy signal.
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Before you enter the trade you need to
Look at the parabolic system
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After the parabolic system gives you a buy signal
From showing you a dot at the bottom of the price
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That is your buy signal.
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Finally before you enter the trade,
the price has to "gap up"
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or hit a weekly high as shown in the chart above
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after that happens this gives you a buy signal
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If all these 3 steps happen you are ready to finally
Enter a BUY LIMIT order
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A small disclaimer am not an expert
so dont take my word for it
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This is just an example based on my
own personal research
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Please do your own research before you
trade.
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Take care
and trade safely.
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Lubosi7
NFLX trade ideas
NFLX setting up for a short entryNFLX is setting up for a short entry. The stock had a strong approach into this zone which is a bit of a worry, but it is a key zone, the market is starting to look weak so it might catch a few traders off guard. However I would trade it with options spread only as it gives one a bit of a room in case it won’t drop right away.
NETFLIX This price jump will be huge and can reach $490.Netflix (NFLX) has gone a long way since we called the exact bottom back on our April analysis:
Since then, the stock has formed a well structured Bullish Megaphone pattern, which is currently rising after almost touching its bottom. The 1D MA50 is the short-term Resistance and the 1W MA100 (red trend-line) the long-term. A break above it can see NFLX's biggest swing since the recovery that has the capacity to extend as high as the 0.618 Fibonacci retracement level and make a Megaphone Higher High at $490.00.
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NFLX ShortI think this pattern playing out could be a bear flag, or ABC correction. I think the triangle and support/resistance boxes drawn are also significant. This is strictly from a TA perspective. I'm also using fib levels from a previous correction, said retracement went to the .382 level.
The fed could stop this from happening from an economic standpoint, but this is what I see, again from a strictly TA perspective.
W00f.
NFLX - Broke Rising Trend [MIDTERM]- NFLX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate.
- NFLX has marginally broken up through resistance at 300.
- The short term momentum of the stock is strongly negative, with RSI below 30.
- This indicates increasing pessimism among investors and further decline for NFLX.
- However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
here are 4 basic stop-loss methodsStop loss is a trader's least favorite word
But it is a condition for long-term survival in the market
Most traders have a confused or wrong understanding of stop loss
There are two types of traders who lose more than 50% of their money
The first type, the traders who don't stop-loss, they simply don't recognize what is the point of stop-loss?
Stop loss may be a new mistake, but not stopping is certainly a mistake, and although most people are reluctant to take a loss of capital, given the limited time and money available, it is wise to trade a small local loss for a big picture initiative.
The second type of traders, the indiscriminate stop-loss traders, after taking specific losses because of non-stop-loss, go to the other extreme, indiscriminate stop-loss.
This can lead to an account with less and less money and then back to the same old path of not stopping and swinging between stop loss and no stop loss over and over again.
The correct stop loss is your seat belt when driving, not to ensure that you will not necessarily crash, but to ensure that you crash, the damage is reduced to a minimum, the correct stop loss in order to sustained and stable profits in the market, before entering the transaction has a complete trading strategy, and clear stop profit and stop loss position in advance, follow me, so that part of the people first learn to trade.
here are 4 basic stop-loss methods
1.Fixed point or stop loss percentage.
2.Stop loss at support or resistance positions.
3.Stop Loss at Breakout Level.
4.Trend or swing highs and lows.
NFLX 1WWhy do I expect price to move lower towards 223 USD?
Firstly, let's look at the chart.
What can you can read from the chart?
Price has moved sharply up after correction testing fib 0.382.
Price has also tested weekly PoC (very strong resistence).
Price is currently below Ichimoku Cloud (strong resistence).
What do I expect will happen based on my readings?
I believe price will move back towards local PoC around 223 USD while breaking local trend line.
Short NFLX | Potential 50% sell off _ Target price $145.51Netflix , Inc operates as a streaming entertainment service company.
The firm provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail.
It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD .