Trader_Joe_Lee

Trader_Joe_Lee Updated 

US Dollar has gone weaker and weaker, and NZDUSD hit the daily 0.618 retracement. It gave a 4hr bearish butterfly pattern While it's still a very clear uptrend recently, and this inside 4hr long is a solid one, too. That's why I'll take it as a both-sided trade!

Trader_Joe_Lee Updated 

TEVA 20.00 breakout was a huge trade, and I turn to other pharmaceutical names that I like and I find this AMGN trade! Little risk, nice uptrend, a worth-taking trade for me yo! Let's see how it goes!

Trader_Joe_Lee Updated 

I wrote some articles about inside bar after new high trade in Chinese yesterday, and I got this little intraday trade here. inside 4 hr breakout long@63.55 with an out at 63.40 to bet for it reaching 63.70 to got my 1st kick let's see how it goes!

Trader_Joe_Lee Updated 

USDCAD dropped significantly on Friday on the U.S and Canada numbers, which may create some trading opportunities on these minor pairs. GBPCAD has a daily gartley pattern and an inside day, so if it's able to break to the upside, it could be a solid long trade! Let's see how it goes! ================================================= tradingview.go2cloud.org...

Trader_Joe_Lee

USDZAR had a hourly bearish bat pattern. To be fair,although I posted several long trades on this pair, I'm far from bullish on USDZAR. I just regard it as a great trading vehicle on both pattern trades and momentum trades. It just broke B point, which worth paying attention to this bearish bat pattern, and USDZAR regards momentum trades so much so a good...

Trader_Joe_Lee Updated 

In terms of inside bar after new high trade, it does rely on pure momentum, and the only indicator needed is 8EMA. I posted 2 inside day after new high trades the day before yesterday. They are too simple for some traders to take while they are so relentless for those who weren't able to take on the momentum train, so the thing is, when there is a ticket,...

Trader_Joe_Lee Updated 

SPX500 had a nice start of 2018 to recover the loss from the last day of 2017, and it gave a strong inside day after all time high. So the question again, is it worth trading? My answer is: why not if 25 points risk is acceptable! if that's too much for some intraday traders, I still think the intraday long opportunities are worth taking! The only indicator for...

Trader_Joe_Lee Updated 

Both GBPUSD and USDJPY got inside week, which makes me want to keep an eye on GBPJPY. It's a clear uptrend so I would only want to long the breakout. Of course, it's a weekly chart analysis that implies huge risk amount and tiny position available, so I still will focus on intraday trading opportunities after the breakout happens. Let's see how it goes!

Trader_Joe_Lee Updated 

This article can pretty much illustrate many of my trading strategies lol! It has been so bearish on NZDUSD since August, and it bounced more than 200 pips to stand on 0.7000 again. Here, there is an inside day yesterday, and this chart I drew can create a clear mindset for the following movement. Whichever direction it goes, I'll have some strategies to...

Trader_Joe_Lee Updated 

It's been funny and crazy to trade USDZAR these days , high volatility means bunch of trading opportunities! I feel like this pair regards momentum trade so much, so a nice reversal sign in the area is a must for this trade, and I prefer inside bars the most!

Trader_Joe_Lee Updated 

As I mentioned many times, inside bar after new high is one of my favorite trades. Related ideas for BTCUSD below were classic teaching material! My sister kept on asking me when is the best time to buy ETHUSD, to be honest, I don't really understand too much on how it works. So what I know how to do is to treat it as a trading vehicle. Buying at all time high...

Trader_Joe_Lee Updated 

At the end of the month, AMD is about to finish another harmonic pattern! I don't mean to post AMD trades every month, but it looks like it could be a routine on my page lol. The one in October didn't worked too well but it's still able to catch a 10-15% run, Of course, all of these patterns were based on the rally since May. Butterfly pattern is usually used...

Trader_Joe_Lee

Reversal sign @ 93.10-93.20 will be necessary for this trade. It's pretty much more an overall idea than a trading idea for DXY itself, I'll have an eye on it with all the risk events in Europe today. -- tradingview.go2cloud.org (link to TradingView live chart) , welcome to click it as a like button for this article:)

Trader_Joe_Lee Updated 

TEVA was one of my favorite company to trade back to 2014-2015, and I was so bullish on the company then based on fundamental analysis~ After I stepped in the world of technical analysis and momentum trade, the story of TEVA has totally changed, too. There was a significant "island" formed by the exhaustion gap, and here comes an inside day. The short is the...

Trader_Joe_Lee Updated 

In terms of inside bar trade as a day trader, I don't usually trade inside day directly as it may have huge risk that I can only take a small position. While of course, the larger the time frame, the more significant the breakout, so I often wait for the breakout of an inside day and find intraday opportunities in line with the directions. In this USDCAD inside...

Trader_Joe_Lee Updated 

Bearish bat and 15min shooting star combination after new for new chairman, and there is also a 8/21 EMA correction trade, a worth-the-risk trade! Counter-trend, so a strict 1st kick and risk-reward stop execution is a MUST!! Let's see how it goes!

Trader_Joe_Lee

EURUSD, much like the GBPUSD idea I Posted recently, after breaking the B point, a potential bat pattern long opportunity is worth planning! Especially when there is non-farm payroll tonight! There are still 140 pips away, but if the volatility is big enough to let it reach the area tonight, I'll be willing to look for potential long opportunity! GBPUSD and...

Trader_Joe_Lee

Often times, we want a reversal sign at a 0.618 retracement as a confirmation entry, in this case, USDJPY gives a double bottom at the 0.618 spot, so that we could do a 0.618 and 2618 combination trade! Let's see how it goes!