themdtrader

themdtrader Updated 

With natural gas in play, opportunity here allows participation similar. Price extension to the downside should slow down & the neutrality should give room for risk management if directional assumption is wrong. 8/9/13.5/14.5 JAN19 IRON CONDOR @ 0.21 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum profit, unless significant...

themdtrader Updated 

The major activity in natural gas, especially over the past 2 weeks presented an opportunity to make a bullish-neutral bet. 31/32/42/43 JAN19 IRON CONDOR @ 0.73 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum profit, unless significant profit appears early. Comment or direct message for discussion, or on other interesting...

themdtrader

Stock rally through till early 2018. Choppy price action with range-bound price through remainder of 2018 indicates large volume of shares exchanging hands (in other words, for a better mental picture, larger holders off-loading to more interested but smaller buyers). Expectation is neutral price discovery, with earnings report in January catalyzing subsequent...

themdtrader

Stock has been experiencing some recent options activity and increased IV. Closer look at price action showed what I like to call a "mirror image" pattern. Over the past year, price stayed bullish-neutral-bullish before peaking initially in January. It then hit max peak in June & began mirror image formation from then. Meaning, now it has had the reverse of the...

themdtrader

Year-long cyclical pattern, within a wide parallel ascending channel (not shown to prevent clutter) is the current predominant price action, showing clear supply and demand zones. Expecting price to finish upswing or remain neutral at least until close to or at the next earnings season. 50/52.5/65/67.5 JAN19 IRON CONDOR @ 0.66 CREDIT General plan: Roll if...

themdtrader

Stock has sold off since Jan, and held the downtrend throughout 2018. Bearish momentum is slowing down, as if recovery is in the works (compare LVS idea); betting this bad boy experiences a slowdown, with price staying in the range or having a quick reversal of the downtrend. 21/22/33/34 FEB19 IRON CONDOR @ 0.25 CREDIT General plan: Roll if necessary & if...

themdtrader

The stock price broke out from a range, made what looks like a head-n-shoulders pattern, and can mirror the channel pattern it made before the head-n-shoulders. Volatility is high and this is a neutral directional bet on the price action. 47.5/50/77.5/80 JAN19 IRON CONDOR @ 0.45 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum...

themdtrader

Taking advantage of mixed market feelings toward stock to place wide neutral iron condor to box in price action. 255/265/365/375 JAN19 IRON CONDOR @ 1.67 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum profit, unless significant profit appears early. Comment or direct message for discussion, or on other interesting...

themdtrader

Shake my head or nah? Taking advantage of bearish momentum and high volatility for a bearish-neutral bet. 75/76/103/104 JAN19 IRON CONDOR @ 0.21 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum profit, unless significant profit appears early. Comment or direct message for discussion, or on other interesting ideas! Follow for updates.

themdtrader

Stock has sold off since May/June, with no recovery since last earnings report. Betting on price to stay within this range. 35/40/62.5/67.5 JAN19 IRON CONDOR @ 0.64 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum profit, unless significant profit appears early. Comment or direct message for discussion, or on other interesting...

04:44

themdtrader

This a follow-up to the GE idea about the downtrend it started on May '17 through May '18. GE just broke down another support level at $12.60 after failing to even test the $14 mark. Right now the support break tells us that the stock is still weak, but it is still a little early to call it a bankruptcy confirmation. The stock is weak and would not be a great idea...

10:01

themdtrader

Find the commentary from the chart below: In general, the stock paints a bullish picture but there are also things that could indicate that it would rather trend downwards at least for some time. Bullish points -Stock is currently above the 120 moving average which has served as a support level since 2011 on weekly chart -Stock is currently In an uptrend and...

09:58

themdtrader

This is the first update for the video series here to grow the paper portfolio on TradingView in an attempt to beat the 'S&P index real time. Normally, I will compare the portfolio to the market, talk about weak vs strong stocks and sectors & go into what I will be changing moving forward. The portfolio has been able to get ahead of the general market and below...

09:53

themdtrader

Sorry for the stuffy nose! Nonetheless, here I talk about qualities of a trade that help determine it as a winner. This is just a short version of what to look for, just to give some of the things to consider in the process. As a general statement, there are 2 things that make up a stock: technical factors (price behavior) & fundamental factors (financial...

02:18

themdtrader

As a continuation of the previous USD/JPY idea, we have our breakdown now and the short time is now. Let's watch the price action progress over the next few days. Entry point and Stop level indicated on the chart at time of idea creation. Profit target will be taken discretionarily (no set target) according to how price can go. Stay tuned!

07:56

themdtrader

This is a quick summary of this GE idea, but GE started its strong downtrend on May '17 and it started to slow down in May '18. That's 1 year with a ~52% loss, in other words a very strong downtrend or crash. It was a discussion I was having with a fellow member and I decided to share it as an idea rather than keep it to myself just because of how interesting the...

02:23

themdtrader

Just opposite to the performance of NZD/USD since August 15th at least, CAD/USD has been trending downward and it has challenged its support level with a breakdown after failing to overcome resistance at the 1.31038 level. This is a short signal to me, but let's see how it goes! Entry point and Stop level indicated on the chart. Profit target will be taken...

01:37

themdtrader

EUR/USD is attempting to continue its uptrend channel. With this breakout, let's see where the price can go. The stop is set far enough to account for any swing lows if the trend continues upward, Entry point and Stop level indicated on the chart. Profit target will be taken discretionarily (no set target).