Dr-H

Dr-H

Are we growing too fast or are we still on the right track of the average growth rate in the last 2 decades?

Dr-H

This is a good example that you can remember and tell newer traders in the future. VIX generally goes against SPX and is used as a hedge. But VIX is ultimately determined by people's expectation of volatility ahead manifested by the SPX option pricing. When newer traders ask you "does VIX go up when the market go down?", you can answer by starting with "Back in...

Dr-H

Buying off daily 200 is good, but it's an investment strategy with time horizon of about 5 year. Short term the daily 200 is perhaps about to change the course.

Dr-H

Short a retest or wait for a bottoming lower (at least don't chase a short).

Dr-H

Last rate hike in 2018 caused a 3-month selloff. Comparing to the current chart, we might just get started.

Dr-H Updated 

I'm not saying there's gonna be another drop from here. But it's the best to wait for a confirmation out of this flag pattern at ATH. Be paytient!

Dr-H Updated 

Crypto is trappy, but the bullish trend is still intact. If you want to buy the dip, buy the stoploss. Not saying it will work out, but trap is just way too common here in this market.

Dr-H

AMZN made a nice move. This is a potential scenario but it by no means has to happen. This pop could be fueled by holiday season speculations but this kind of pop may be dangerous. Worth a shot but control your risk!

Dr-H Updated 

Really nice gap today. But don't get too excited. There was an invisible trap (premarket pump-and-dump) happened outside market hour last week. Won't be seen in daily chart. Therefore a lot of careless traders might not be aware. In case you are day trading/swing trading TSLA, I'm pointing it out for you just in case.

Dr-H Updated 

Classic setup. Hammer with increasing volume. Bear trap. Entry above, stop below. What do you guys think?

Dr-H Updated 

DIS can easily break down the strong strong support. But if the area below is a pocket of liquidity, we might have an opportunity to catch some trapped bears. Look at the bear trap in Jan. 2021. HMMMMMMM Looking delicious. Let's wait and see what happens this time. I will try to see if I can include these potential traps in our Real Life Trading UK free week...

Dr-H Updated 

The lower wick on ROKU today could have been a bear trap. Feel free to plan your trades accordingly ;)

Dr-H Updated 

I'm a trap trader but I personally don't believe in BS like "bullish volume", "bearish volume", because for a buyer there is a seller. And newbie traders who buy high and sell low generate massive volume nowadays too. But when big volume with (pattern, media, rumor) bias gets trapped, that's when one side has to take an immediate action altogether (thus moving the...

Dr-H

When FB closed below daily 200 I was worried for a moment LOL. Good trap and not bearish for sure! But the dip!

Dr-H

ROKU had a very nice hammer on Friday with increasing volume at a great great location. The only concern is the daily 50 pushing down. This is a nice set up to consider but I will wait for one or two days. If it breaks out, I will buy a retest. If it trades sideways, I could consider this stop limit breakout.

Dr-H

Bitcoin just had another all-time-high trap like in Apr. 2021. Compare the chart you will know what happens next ;D. I mentioned so many times in our Real Life Trading UK Youtube channel (Premarket prep and Weekly diagnosis videos) that the current BTC and ETH markets prefer traps. But I'm a long term bitcoin bull. I just don't think we are quite ready to shoot...

Dr-H

Left chart is ETH right now. Right chart is ETH in 2017. Everybody sees the similarity and I don't think I need to repeat. If we do follow the 2017 pattern, crypto hodlers are going to have a nice Christmas gift. Or is it too easy and too obvious? There is no doubt that cryptos are bullish. But the problem is just the time horizon. I wouldn't be surprised to see...

Dr-H Updated 

This is a very classic setup on SQ. Buying off daily 200 on a double bottom. And in the last 3 bars it was a perfect breakout. Nice close today. Nice increasing volume on the long bearish dip in Oct 4th meaning people are trapped. Nice 1.4 risk/reward ratio. But the experienced trader inside me is yelling and saying I should buy the stop of this classic setup....