Deno_Trading

Deno_Trading

Hey fellow traders, Boeing ( NYSE:BA ) is facing some turbulent times both fundamentally and technically, and all eyes are on the charts to see what happens next. Let’s break it down. After a series of tough news — including a machinist strike and warnings about a potential credit downgrade — Boeing has seen a sharp drop, falling nearly 4% on Friday alone. This...

07:56

Deno_Trading

A detailed technical analysis with Key Levels of support and resistance, expectations on the price action and trend. Do your analysis and research as well while trading with these 3 simple tricks. Identify entry, get in the trade, get green, get out. Rinse Lather Repeat. Stay positive and Strong

20:00

Deno_Trading

Looking at the SPY daily chart, the price has recovered well from its recent pullback and is now approaching a significant resistance level around $564. Key Levels: Resistance at $564: The green dashed line highlights this key resistance zone. SPY has tested this level multiple times, and we’re nearing another test. Each time the price approached this zone, it...

Deno_Trading

Looking at this SPY daily chart, I’m seeing some promising signs for a potential bullish reversal. Here’s what I’m focusing on: Key Levels: Support at $542: The price recently bounced off a significant support zone around $542, which also aligns with a long-term upward trendline that has held multiple times in the past (marked by the orange circles). This...

03:27

Deno_Trading

Be simple in your trades, Identify entry, Enter a trade with stoploss, Get green Move stoploss to breakeven (optional) Trail your profit (Optional) Stay Green Get Out Simple. Rinse Lather Repeat!

11:28

Deno_Trading

Let’s talk about how to DOMINATE the market using Heiken Ashi candles for perfect entries and exits! This is where your trading game levels up. First, when those candles start turning smooth and green with no wicks at the bottom, that's your entry signal! It’s like the market saying, "Hop on, this train is about to take off!" You ride those green candles as long...

20:00

Deno_Trading

ow to Trade Using Heikin Ashi Candles on the NDX Chart Heikin Ashi candles are a powerful tool for filtering out market noise and identifying trends more clearly than traditional candlesticks. By smoothing out price action, they allow traders to focus on the overall direction of the market, helping you make more informed trading decisions. Here’s a breakdown of...

20:00

Deno_Trading

Hey traders, let's break down what's happening with NVIDIA (NVDA) and how I'm approaching this setup. As you can see on the chart, we had a pretty solid uptrend that got me excited for a while. The green Heikin Ashi candles were flowing nicely, indicating strong bullish momentum. But now, we’ve hit an interesting point where things are taking a turn. Key...

20:00

Deno_Trading

Looking at the SPY 30-minute chart, the price is clearly in a bearish channel, with each rally getting rejected and lower lows being made consistently. Let me walk you through the key details. What’s Happening: Downward Channel: The price is following a downward-sloping channel, which began forming at the peak near $563. Since then, the price has been steadily...

20:00

Deno_Trading

Looking at the SPY 5-minute chart, we’re seeing some clear bearish signals after what seemed like a potential recovery. Let me walk you through the main things that stand out. What I’m Seeing: Resistance at $554.41: The price reached a high of $554.41 but failed to hold, showing clear rejection at this level. This resistance has become a key point, as each...

05:00

Deno_Trading

We are seeing some really impulsive moves coming up and at this point it really important to trade with the trend. A complete analysis coming in soon.

14:05

Deno_Trading

1. Long-Term Historical Performance Significant Decline: The chart shows that WISA has seen a massive decline from its highs in the range of $15,000 back in 2018-2019. Since then, the stock has lost the majority of its value, trading now at around $2.66. Progressive Erosion: There seems to have been a consistent downtrend over the years, indicating sustained...

20:00

Deno_Trading

Wow! Yesterday was brutal for us all on SPX with a major bearish move that probably left a lot of traders scratching their heads. So, what’s the game plan for today? Let’s break it down. 1. Technical Picture After the Drop Yesterday’s sell-off took SPX to key levels, and now we’re sitting in some interesting territory. The 5550-5570 range is what we’re watching...

20:00

Deno_Trading

Volatility Index (VIX) - The Drama King Let’s kick things off with the Volatility Index, aka the market’s drama king. It’s like that one friend who always makes a big deal out of nothing—spiking dramatically whenever the market so much as sneezes. Recently, it shot up faster than a caffeine-fueled trader on Monday morning, but now it’s calming down a bit, hovering...

01:33

Deno_Trading

From what we can see it appears that we are just at the beginning of a bear move here and that might be quite an aggressive move. pay attention to the $550 level here and if we stay at that or below it, we should a steep curve to the bears in the next few days here.

10:38

Deno_Trading

AMEX:SPY The SPY has been trading in a well-defined range over the past few sessions, bouncing between support and resistance levels like a pinball. Right now, we’re seeing a key moment where SPY is testing the lower boundary of its trading range. Current Setup: Resistance Zone: The upper boundary around 5,641 has consistently acted as a ceiling for SPY. Every...

20:00

Deno_Trading

Previously in the Opening Range Breakout (ORB) and the Volume Weighted Average Price (VWAP). In Part 1, we dove into the basics and all the important aspects of the ORB, but now let's explore why these strategies often lead to high win rates. The Psychology Behind ORB The ORB is powerful because it captures the market's initial reaction to overnight news and...

20:00

Deno_Trading

SP:SPX Hey there, traders! Deno Trading here;👋 Stop feeling like the market is just a one big, mysterious puzzle, and felt you're missing the piece that makes everything click? Well, strap in, because today we're diving into the magic of the Open Range Breakout (ORB) strategy, sprinkled with a little VWAP (Volume Weighted Average Price) magic dust. Spoiler alert:...