Waiting for true range breakout. There's virtually no structure resistance stopping this happening if it breaks the range. First target would be the 200EMA. My order is at 51.06. Why that high? Because I wanna make sure I get filled man. Thanks. Tom
Friends, I am anticipating further bullish action, a confirmation of a golden cross pattern would be brilliant for continuation. Don't feel as though stochastic is as credible in a scenario where a major moving average has been broken and gapped up from. I feel market strength on Friday was responsible for the strong bullish engulfing candle that we got on...
Well done to everyone who bought this idea along with me when published a while ago. I made around 1,30 per share. Considering their price, This is if i'm not mistaken around 40% of the value of the stock! We finally closed out position today after a doji candle, and the small gap down, creating an evening star type signal. It could have engulfed but market looks...
These indexes look like their topping simultaneously. It's usually wise in this situation if the indexes do start to go lower, to have more shorts in your portfolio, and to be more nimble when selecting longs. There hasn't been any real confirmation that they're going lower, but it looks like they might. Just basic information for education Thanks, Tom
Range bound candle and hit 128.00 a wholesome psychological level. Is upmove over or not?
We've had consolidated indecision for a while on this stock. But we are now seeing a change in the air. Looking to go long if we see gap up or aggressive buying action. Doji gap up is very bullish in itself and is in my opinion, sufficient to buy if this happens. If it gaps below 42, it might even be a short. It's a waiting game
We are seeing advanced bullish tell-tale signs. First target is 50EMA. If the pre market futures look good, then we have a good trade here :) Note: This stock has once before tried to make a break before and failed at the 20EMA. But this looks more promising this time. 4.5 risk reward ratio makes it worth a go, as the stop loss can be extremely tight.
BABA is looking like a buy opportunity. A gap above 89.47 makes this 95 percent probability to be a good long 13 to 1 risk reward ratio makes this a no brainer. And if the stock gaps up or opens positive I will be buying into BABA regardless. Stop loss is tight based on the fact that if the next candle closed below the bullish confirmation, then the bulls...
My trading journey of MA. Enjoy guys I share a few things here that I shouldn't :P By the way, it's a long for now. Hope this helps people. Thanks Tom
I've been in and out of Netflix for some time, Here are all of my long positions i've taken in recent times. More education than anything. Thanks guys, Tom
Friends This is a good buy, but ideally I want to see a gap open higher trade on Mondays trading session, which would then probably persuade me to go long. Probably a good buy here. Bullish kicker pushed price out of its long term range providing a breakout trade. It's possible to use tight stops due to nature of trading activity before breakout, giving me over...
Friends, Just looking through charts and came across this. This idea needs confirmation before it's short able. But looks good to me. Looking at the fundamentals- This stock has the latest buying as oil prices surged after the Organisation of Petroleum Exporting Countries increased its 2015 forecast. Saying this, I think it's a far cry. The company's weaknesses...
Everything says this is bullish to me, at least for the short term. Fundamentally, Anthera have today announced the successful completion of an interim analysis of its Phase 3 trial (CHABLIS-SC1) of blisibimod in patients with Systemic Lupus Erythematosus and that the study should continue to completion as planned. This is a critical milestone for the...
Friends, This is my prediction for Apple and it's short term future price. This is a stock to keep in your watch lists. There is 2 different scenarios which you can see here. I hope people find this information helpful. I'm biased long on the basis that the stock didn't go below 50 percent of the last impulse leg which would have suggested bearish activity, in...
Friends, I'm feeling very generous today, so this is some educational material for traders who want to learn more about advanced Fibonacci, advanced structure, and advanced trading psychology in one! I hope this also helps people who struggle to Buy a stock that looked like a short a few days ago, and short a stock when it looked like a long a few days ago, BY...
THIS IDEA WAS ACCIDENTALLY POSTED AS A SINGLE CHART RATHER THAN THE SPLIT CHART. PLEASE LOOK AT THE ABOVE IDEA FOR THIS COMPLETED IDEA. THANK YOU.
Friends, NOT ONLY DID THIS IDEA NEVER FALL INTO PLAY WHERE YOU COULD ACTUALLY SHORT IT, BUT THERE WAS ACTUALLY A GOOD LONG OPPORTUNITY. This is an idea a while ago where I suggested shorting at where the small yellow rectangle is on the chart. I've spent a lot of time shorting this stock going well back into last year. My 1st short was on 26.11.2014 on...
Friends, Worth remembering that this stock is in an UPTREND, and the sentiment is bullish, but this stock is a good opportunity to short down to trendline support perhaps further for some points. Don't use ratios often but this is an appropiate time. Ratio confluence ext. target hit and respected, break below sideways resistance signals forceful short. I forgot...