Moving Averages
Enter long in QualcommI've entered a long position in $QCOM. Charts looks bullish. The factors for this decision were the following:
Price is above all SMAs (30, 50, 200)
In the next days we should see a bullish cross of the 30 and 50 SMA
The current low was made on the 5th of August, the next low on the 6th of September was significantly higher
We have tested the resistance cluster several times - the more it's tested the less likely it's being respected.
Have you heard the rumours about the takeover of Intel? Me too, but I trade the chart not the news. ;)
So, let's see how this plays out.
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2.
Stop loss can be Trail when it make new box / Swing.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think .
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Its also dividend paying stock.
Possible 3 hits to the high on BitcoinThis is a trade of my Paper Trading Training - 20netrust Trading Bootcamp
Bitcoin makes a possible third hit to the high. It's around 4pm. I consider the current move to the upside as a stop hunt. 3 is a psychological number and appears often on charts. I use this approache as in this case. We are still in the sideways range, but I think we will see the low of the range again.
USD/CHF: Long Signal After Bearish Period, Based on SMAA long entry signal has been triggered on the USD/CHF chart following the price crossing above the 972-period SMA. This signal is based on the end of a bearish period, confirmed by the price movement turning positive after the close of a 24-bar period. The entry is made once the price crosses above the SMA, which often indicates the start of an upward trend.
The stop-loss level is set at 0.84635, calculated using a 6-period ATR multiplied by 3.9. The take-profit level is set at 0.85140, using an ATR multiplier of 1.5 to determine the target.
This strategy is ideal for short-term trades, leveraging ATR to set dynamic stop-loss and take-profit levels based on market volatility.
Bitcoin Sideways Action - Long scenarioBitcoin is consolidating. This means that we are preparing for something. I expect a scenario with the opportunity to enter long positions. Right now, it looks like we will not break the recent lows and continue to form small higher lows. This to me is an indication that we could see a strong move until the consolidation is complete. That could start this Thursday with jobless claims and Fed Chair Powell's speech or next week when all the data is released and the market will react to things like JOLTS Job Openings and Non-Farm Employment Change.
We can also make a bearish move. I would expect a move to the FWB:65K region to take out the last high from August and then move down to reverse.
Why I Think USDCAD Will Continue To Sell This WeekHey Rich Friends,
I hope all is well. I think UC will continue to be bearish this week and here is what I am looking at:
- The market has already created and rejected a new swing high at 1.36475. This is a bearish confirmation for me
- Structure has been broken on the downside, confirming a bearish trend
- The 10 EMA (purple) has crossed about the 3 EMA (blue). This is a bearish confirmation for me
- The Stoch is facing down, the slow line (orange) is above the fast line (blue) and both lines are below 50, preparing to cross below 20. These are bearish confirmations for me
I will be using previous lows as potential TPs and previous high for my SL.
I hope this makes sense and helps someone! Great luck if you decide to take this idea.
Peace and Profits,
Cha
$BTC - Hourly C&H | Enough to break through $65k?I’ve spotted a classic Cup and Handle (C&H) pattern on the hourly chart, and it looks like it could be a promising setup for a long position if we are indeed gearing up to challenge FWB:65K again.
Trade Idea:
Entry Point: Look for a breakout above the handle’s resistance level. This confirms the pattern and signals a potential upward move.
Target: Aim for a 3% gain from the breakout point. This target is based on the typical price movement following a C&H breakout. Doing incremental TPs at the Fibs make sense as well
Risk Management: Place a stop loss just below the handle’s low to manage risk effectively & always ensure your position size aligns with your risk tolerance.
Who is bullish?
Nfa dyor yakwtfgo
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think