AAPL is set to open lower this morning. Was the lower price predicted? In a way, yes. We had a tweezer top formation followed by a bearish engulfing pattern. An orange divergent high candle indicates lower prices to come within 1-5 bars. The Candlestick Strategy has a historical win rate of 80% so short entry on the tweezer with a scale in on the divergent low...
Here is an example of how you can use multiple triggers to enter a trade and manage it on SPY. Many traders use 1 trigger and then oversize the position with no target for exit or stop loss. Using multiple triggers regardless of what they are (there are tons that work and tons that dont) allows for entry confluence and higher probability trades. Be careful not to...
I wanted to give you some clarity on my triggers etc. When using the MA tool V2, Squeeze Tool 1.2 A, you have many triggers. Obviously the more of these you have in a cluster the better the trade. Your trade plan should be based on the combination of triggers you have the best success with (if you dont know which signals you have winners with, you should be...
During the week the 380 level had proven to be fairly resilient however with our early warning triggers indicating a potential move to the upside and support holding we could see that a larger move was on the cards. We received our initial "start building" trigger around 10:30am on 1 July and despite the choppy price action, taking early steps to build a trade to...
In my previous post I mentioned that a test and break of 400 was most likely possible by Wednesday. We got the move today. The question now is "are we there yet?". I dont think we are. We have a bearish MA cross with 2 short triggers from the 20 length squeeze. Our squeeze stochastic is red and heading down and we are seeing selling. The challenge is where to...
As a larger trend trader, markets like this can be brutal. The one candle relief rally on Wednesday with the subsequent hatchet job of Thursday can destroy trades. Here is my bigger picture assessment of where we are and what we can expect. Remember - there are many ways to profit in this market and what works for me may not work for you. I use a number of tools...
SPX getting a confluence of long signals across our MA tool and our Squeeze tool. With probabilities above 50% with a reasonable amplitude move, going long with a structure allowing you to scale in using long call debit spreads and financing them with the selling of put credits spreads will provide you with the possibility of an amplified trade. This is not advice...
We are in a time of high volatility yet there are opportunities in the market. Over the past few days our MA tool, Options signal and Squeeze Tool have generated strong signals to keep you on the right side of the trade. We can see when our baseline trend colour shifted we received a confluence of signals from several tools that pointed to direction and savvy...
Our trusty option trigger signals potential for a bump in the early morning tomorrow with continued selling on the 45 min chart. This market is deffinitely sucking longs in and then kicking them in the teeth. Trade safe and with a plan, folks.
WANT has triggered 3 entry signals on a strong backtested squeeze based strategy. Through the options market we believe that want will be trading around 117.67 by Feb 18. First entry @ 89.10 Second entry @ 92.93 Third entry @ 95.93 Strategy: Long Stock Trade management: Use a daily adjusted trailing stop on the lowest low of the previous 3 candles Tip: Use the...
Bullish opportunity on WANT Sectoral focus gives you a traders edge and with the correct indicator and strategy you can minimize the amount of time in front of a screen and still trade profitably. Our custom squeeze trigger has printed entry signals on 23, 27, 28 Dec and we have a MA strategy entry printing on the 29 Dec. In our experience a cluster of signals...
Our trading system generated an entry signal on 6th Dec however with signals generated in our red price bands we wait for more suitable conditions to enter. On 14th Dec our price reversal trigger generated a signal and we entered an OTM long call in line with our strategy. In the 20th Dec, DG hit the bottom of the bullish ichimoku cloud and closed higher the next...
We received a bullish signal on SPY on 28 Dec. Looking at the structure of the SPY trend and the historical performance of the signal over the past 2 year AND considering the seasonality of where we are we believe that SPY will more than likely take out the 500 level over the next few weeks. Key to this will be how the PC ratio plays at the 10 Day MA. With the...
We traded our Squeeze signal which fired 21 Dec 9:30 with a secondary trade strategy entry on 23 December. Both trades resulted in wins with the ghost feed forecast that was done on the squeeze proving to be 100% accurate on the hourly chart. Two major learns from this trade: 1) know what combination of squeeze indicators work with a high degree of probability on...
Yesterday we saw how important context is. The early session was horrible while traders and the market waited for the Fed meeting. At 2pm the market took off. Not because the Fed chairman said anything unexpected - he removed uncertainty. The market hates that state and will always drive towards a state of clarity. How did we know that this was going to happen?...
As i mentioned a few days ago the volatility leading up to the monthly expiration tomorrow has come to pass. We currently have 10 open positions in the Alpha Hunter put spread portfolio and considering the level of volatility I am inclined to not add more trades until we close some off. We have the COP put spread expiring tomorrow. I detail some management options...
AMZN triggered 5 BUY signals on the close of Friday. If AMZN is on your watchlist the challenge you have now is to act. What strategy can you safely apply at these levels as AMZN works itself outside of the +1 keltner channel and looks set to attack the 1.272 extension. The expensive first option to consider is the 60 delta long call 90 days out however for most...
GOOGL has had a strong recovery from the September/October reversal to -2 ATR. Trading now in a strong upward trend channel it looks ready to achieve the 3116 level. Key points: B Score above 50 and trending 3 strong system buy signals in play Moving average support is strong across all time frames Alpha Score is above 70 Under my trading system this is a GO...