GBPJPY looks to be a good risk to reward for lower prices. It could be worth to sell here and take minor profits on the way down. You never know, this currency could go back to 130. Manage your risk and take profits along the way.
EurJPY showing bearish trend on daily indicators such as 50 moving average and 200 day moving. My indicator as well is trending lower and think this is a good setup for hundred of pips lower. any retraces higher are good to sell for long-term trades.
British pound if looking very strong vs several pairs such as a potential double monthly bottom on GBPUSD and instead of risking money in an unconfirmed uptrend, I prefer to buy the pound dollar versus the aussie dollar. By looking at the trend, I like to set large goals for retest the 2015-2016 high from 2.10- 2.15. Because this currency pair has exploded...
Hi, NZJPY is in a downtrend and technical analysis for "selling" looks very good. I have entered my short position and am looking to take some profits at the last low around 66.70. I'll be leaving 30% of my position open and this trend could continue over several months. My risk is 1:1 ratio and I believe probability of profitability is greater than 50%.
Hey guys, Now is a great to buy the recent dip in Broadcom as the upward trend is still in place and is holding support not too far below at the 50day & 200 day moving average. The company just released earnings and the stock didn't have much of a reaction (besides selling off just like the majority of the market). I like to trade these steady/slow winners with...
As explained in the video, I initially opened a long call spread by buying the 175$ strike and by selling the 180$ strike. As the stock got completely crushed all week, I decided to close my sell 180 call for a profit. Now I only have the remainder of the 175$ long call. If the stock has a significant rally, I could either hold my long call and try to make a large...
Morgan Stanley stock is going up with the banks in a strong upward rally. For longterm investors, you can buy into this recent strength and hold it for highly probable and profitable investment. I think this investment should be about the next 6 months -1 year. The technical analysis looks really good too because the relative strength index has broken the downward...
GD spiked through resistance and has a meaningful pullback to re-enter longs from here. I am buying the 175$ and selling the 180$ call expiring 8/16/19. My investment is 285$ and my max profit is 215$. Max profit potential is 75% if option expires in the money.
CB from a technical perspective looks ready to breakout and join the stock market rally. I look to buy the August 16th expiration long call 140 and sell 150 call. The price of this option is 450$ and the profit potential is 550$. This kind of trade allows several months for the stock to make new highs and you can either make 20%-30% buy buying the stock or you...
Sysco Corporation has broken the downward trendline and seems to be gaining momentum with the daily RSI just reaching near 70. However, the weekly RSI has plenty of room to go up for the longterm. For this stock option, I've purchased a long call strike 8/16/19 at the 70$ call for 2.35$ per 1 contract = 235$ investment. At expiration, the stock has to go above...
Hey guys, I am trading TROW stock with a long call vertical spread to take advantage of leverage with limited risk and greater profit potential. For example, I am buying a vertical call by buying the 105 call and selling the 115 call, October 19th 2019. This is a 10.0 dollar move which equals 1,000$ profit - how much I pay for the option (4.19 per contract =419$...
IBB is up 22% in 20 days. I believe this is unsustainable in the near term (next 2-4 weeks) and believe the stock should retrace. Right now we are testing last highs and should be a good entry place for a quick short term trade. To give myself a little buffer, I am selling the stock for a break even at $112.91 by selling the 112 call/buying 115 call for 91$ per...
With this chart, you can see that the stock market has made a series of lower lows and lower highs. I am assuming that this retracement is an opportunity for new bears to enter the market to attempt new 52 week lows in the next few months. I would be highly cautious if your owning U.S stocks right now, as this could be the tip of the iceberg. With the 2-10yr yield...
The last 2 market recessions were approximately -50% in the stock market. If this 2018, 2019 is the beginning of a longterm bear, we could expect worse case of about -50% for stocks. Technically, 2 double tops as resistance could be a good long term to buy near as support. #iWANToBuy@-50%
As shown on the weekly indicator, we are getting into an area of weaker momentum where the stock market finds a nearby low. As a stubborn bull, I am long the market as long as it stay above the February 2018 lows. I am looking for a significant bounce near to all time highs and then I recommend to reduce risk by taken some profit.
TQQQ sell off has created a great opportunity for longterm buyers in a leveraged (geared) etf 3x bull fund technology. May take 2 weeks for the stock to settle down before momentum rushes in to push technology back up. I'll be expecting new highs in January 2019.
GD had previously made a new swing high and have since then retrace back into "higher support area". If the longterm trend continues, this stock should go past 210$ a share.
ETF has broken bullish flag/ sideways action and should go up 15% in the short term. This is a 3x bull geared etf that trades stocks like Boeing, Lockheed Martin, General Dynamics etc.... Military stocks.