kingdips

kingdips Updated 

You can see it better on the 5 min chart. But watch what happens. These are usually explosive.

kingdips

📢 Insight on FOMC meeting: No need to trade during this meeting. Protect your capital. Keeping it short this time. Stands for, "Federal Open Market Committee". Meetings are held 8 times a year. 6 wks apart. September meeting is crucial. Right after summer ends. FED gives economic forecasts (GDP growth, unemployment, inflation, etc) Budget/ debt ceiling...

kingdips

You all heard the statistic, "gambling is more profitable than trading - 13 out of 100 gamblers leave the casino with gains compared to 1 out of 100 traders". Yeah yeah. Nice story. Now tell us the real story. The market is not a casino. Don't compare. What about the thousands of traders making consistent gains? It's a FACT that most traders quit their trading...

kingdips Updated 

The headline chart is a 15 min chart, but it's easier to see what's really happening on the 5 min chart where it broke a wedge downwards and remains to reject entry back into the trend: I'll be watching for breakdown entry under 139.64 only if it retests it and confirms resistance. I would be looking for 138ish. Already played NASDAQ:AMD for +20% today....

kingdips Updated 

Full-time trader. Follow for more free tips & like/ share this idea. Thanks in advance! Bullish flags typically typically show some profit-taking after a strong uptrend without any violent selloffs. The pole needs to have an impulsive and violent move upwards. The breakout from the flag should be followed by a volume spike. This is exactly what we have on the ...

kingdips Updated 

This would likely be a daytrade or 1-2 day swing when this transpires anyway. If I miss out on the reversal, it's better than entering too early. One strategy is to enter slow, but that can be detrimental if you don't know what that means and if you don't have discipline. Also there's a h/s on the 4hr candle-chart. So I'll wait. Look at my AMZN short from...

kingdips Updated 

You can see it better on CME_MINI:NQ1! so I'll post it below: And here's the megaphone on CME_MINI:ES1! - Been following this all day. See my NASDAQ:AMZN daytrade. Watch for 4x top breakout. Those are the best.

kingdips

Full-time trader here. Welcome to follow + like for more insights. Understanding the charts and price action can help you in your next trade. Posted this chart below on September 11th, 2AM EST. But it got taken down because I accidentally forgot my watermark on there. My mistake. imgur.com Below was my explanation as well: "You can see where shorts entered a...

kingdips Updated 

AMD approaching supply on the 5/15 min chart: AMD approaching TL rejection/ resistance on the 1D chart: I need another confirmation and I will enter.

kingdips Updated 

First thing, it's actually triple-witching now. There used to be a 4th contract, but now there's only 3. 3 contracts expire on this day: Index futures (S&P, Dow) contracts Index options (i.e. SP:SPX ) contracts Stock options ( NASDAQ:AAPL NASDAQ:GOOG NASDAQ:NVDA etc) contracts Single stock futures contracts. They don't exist anymore. That's...

kingdips Updated 

ARM DD: Before you read this, understand that trying to buy IPOs when they begin trading isn't guaranteed and if you market buy, you will get roasted. It's not good to chase IPOs. No matter if this is the next NASDAQ:AAPL NASDAQ:TSLA and NASDAQ:AMZN combined, do not chase and only make wise and calculated decisions while trading. I've been waiting for...

kingdips

ALL your trades should get a good in-depth review. Unless, of course, you're just gambling, then the market isn't for you, and you're likely not even using TradingView -- because why would you need a chart? 🙂 If you make a red trade, review it, do better next time. If you make a green trade, but you were like this the whole time: :sweating: ... chances are...

kingdips Updated 

I already played 10% scalp on this. But it broke + retested the resistance line. Now resistance is confirmed support: Watch it close for a good lesson even if you're not in the trade. Already secured +10% on the breakout. Looking to see if it reverses the downtrend completely intraday. Also remember: MMs already ROASTED the calls. Now time to ROAST the...

kingdips

AMD going to be explosive here if it bounces & confirms the flag. Watch it close. Always plan for dips, never add full position. NFA. Follow for more insights. I called it out to drop from top of TL @ 108. See what happened.

kingdips Updated 

Drop a like and follow to show your support! Thanks. For bulls and bears alike, remember this is a LOW FLOAT. If you are shorting this stock when shares are available to borrow, remember it has a 9.3% float, is the most anticipated IPO in a while, and has clients like NASDAQ:NVDA NASDAQ:AAPL NASDAQ:GOOG NASDAQ:AMD NASDAQ:INTC NYSE:TSM and the list...

kingdips Updated 

NASDAQ:ARM see a lot of FOMO here.. Remember: Don't market buy. They will fill your order as high as possible. Don't FOMO buy. Don't force a trade. SoftBank is a dumper. They tried dumping ARM in 2020 for a +25% gain to $NVDA. Let that sink in. Also, don't short it. You might get roasted. SoftBank bought 25% stake at 64B valuation recently. That means...

kingdips Updated 

I'm looking for a DT entry here on AMD but instead of entering prematurely and hoping it goes up, I'm waiting for bullish confirmation that will happen if bulls reclaim the resistance and use it as support. Meaning, it should shoot above resistance, then dip down to that line as SUPPORT. That would be my ideal entry. Watch to see what happens here. Good...

kingdips

Always look for these resistance breaks intraday if you're setting up for a DT. Best way to be sure it won't fail is to look for entry on retest. Can make some decent gains if you pick careful entries and exits. Plan the trade, trade the plan. Respect your SL & your targets. Don't fomo in or out of a trade.