VRX Shows a high potential long setup on the daily, the entry signal still not yet arrived. I am still tracking the entry and i will update it when it happens and the profit target 1 and 2 will also be updated. The setup shows a very high volume bar and closing down. there must be heavy buying on that bar to have this massive volume. The entry will come soon after...
The previous idea we shorted stock EXPD Trade levels on the chart., entry, stop and PT1 The trade is still active with the remaining of the position depends on which plan is executed on PT1. Plans are in the original idea post. The trade is in the money and today after close i will update the new trailing stop.
This stock is very interesting. As drawn on the chart the stock paid a visit back up to the high volume area which previously sold from big money. The pull back was on very low volume. this means there is no more buying interest in this area or absorption for the trapped holders on the high volume area. Notice at point A on the chart there was a big spike in...
On the left spotted ultra high volume bar, distribution started here from big money. The stock came back to the same area and volume is drying dramatically. creating high chance for short trade. Entry on Monday open price Stop loss = 38.39 Profit target 1 = 35.23 The plan : At profit target 1 exit half of the position . and profit target 2 will be...
NFLX long @ open Exit 80% of trade size @ 109.45 Stop @ 102.09 The remaining 20% size of the trade will ride the trend till i give exit signal.
NYSE:FCX My update for FCX, I mentioned this stock as an idea for short. the trade is a daily trade, the stock is still weak. Stock is forming now what's called mashroum over shape or in other hands H&S shape The stock hits the resistance at point (A) and the low of point (B) both are strong resistance , we might see an upthrust tomorrow meaning making new high...
NYSE:PSX A powerful bounce from the trend line with low volume test means no selling in the stock. The push through of the swing high is a very high probability. I recommend to exit 80% of trade size at the 1st price target as shown on the chart 88.24$ The remaining size of the trade will ride the trend till i give exit signal.
NYSE:PSX PSX a strong buy setup, bounce from trend line with low volume.
FX:GBPUSD Here we can see from previous idea i were mentioned in Friday,to get ready the pound US is setting up for the long side
NYSE:FCX The chart is very descriptive,You can see the start of selling to the herd on the left at point A. Point B is the confirmation forming an up thrust bar with high volume, this is big money selling to the herd. And this confirms the stock is weak. The stock then drops in a down channel and changed behavior below the EMA's Notice at point A the low of...
FX:GBPUSD As we can see from the picture, The Pair hits 2 high volume bars on 4H time frame, This means there is lot of selling pressure. But if all this volume is selling why the close price jumps to close on the mid range?? There must be professional buying in the high volume. This is called shift dynamics bars, meaning Big money buying more than selling. And...