ABB @ 18 NOV 2021Text me if you have any questions/comments for me.
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ABB
- Previous analysis was done on 17 Nov (red arrow) – suggested waiting for a successful breakout above 5.30 levels before plotting entry if believe the stock can create new all-time highs
- Today’s price action is accompanied with above average volume is proving to be a successful breakout
- Price is now too far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and a successful rebound
Trendfollowing
USDCHF short alerts for an overnight trade 🌃POW EDGE trend strategy in use for this USDCHF trade.
Entry details are shown on the chart.
Trade has been live since 23:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
Previous trades can also be seen on chart.
A successful long and a short that hit SL.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
LOV @ 17 NOV 2021Text me if you have any questions/comments for me.
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LOV
- Previous video analysis was done on 10 and 11 Oct (red arrows) – suggested waiting for a successful rebound around $21.50 before plotting entry if believe the stock can create new all-time highs
- Since then, the stock has successfully rebounded and has created a new all-time high
- Stock is currently too far from the short-term support
- Another retracement to the short-term support and a successful rebound would be good for the continued uptrend of the stock
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
IMD @ 17 NOV 2021Text me if you have any questions/comments for me.
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IMD
- Previous analysis was done on 9 Nov (red arrow) -> suggested waiting for a successful rebound at 2.90 before plotting entry if believe the stock can create new all-time highs
- Since then, the stock has rebounded and created a new all-time high on 15 Nov
- Today, stock has retraced back to the short-term support and a good rebound looks to be at 2.90 levels again
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
CBA @ 17 NOV 2021Text me if you have any questions/comments for me.
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CBA
- Previous video analysis was done on 13 Oct (red arrow) – suggested waiting for a successful rebound above $109 before plotting entry
- Today, the stock gapped down below the short- and mid-term supports
- It closed below the strong psychological support of $100
- Coincidentally, today is the 4th time the stock has gapped down back towards the $100 level -> I personally don’t think this is significant. Just that it’s curious coincidence
- A successful rebound look to be around $104 levels
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
ABB @ 17 Nov 2021Text me if you have any questions/comments for me.
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ABB
- Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful breakout and a better setup for entry
- Since then, the stock has consolidated sideways and today is breaking out with above average volume
- A successful breakout looks to be above 5.30
- Stock has a long history of sideways consolidation followed by strong breakouts
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest plotting entry after a successful breakout if believe the stock is capable of creating new all-time highs
WES @ 16 NOV 2021Text me if you have any questions/comments for me.
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WES
- Previous analysis was done on 1 Sep (red arrow) -> suggested waiting for a series of HHs and HLs
- Since then, the stock tested the $54 support and has successfully broken through the short- and mid-term resistances
- HHs and HLs are starting to form, and this is good
- The stock is testing the $60 psychological resistance at the moment and a successful breakout looks to be around $61
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting a successful breakout of the $60 psychological resistance before plotting entry
RNU @ 16 NOV 2021Text me if you have any questions/comments for me.
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RNU
- Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for a successful rebound before plotting entry if comfortable with high price volatility and strong overhead resistance
- I also mentioned that if stock doesn’t recover to around 15 cents, the stock will likely break below the 12 cents support soon
- Since then, the stock briefly touched 15 cents before retracing back to 12.5 cents
- For the moment, stock is bounded by the short-term resistance and the mid-term support
- A LH formation is not the end of the world but the stock has to create a new HH for the uptrend to be good
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs formation
MNF @ 16 NOV 2021Text me if you have any questions/comments for me.
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MNF
- Previous video analysis was done on 10 Nov (red arrow) - Suggested waiting for a successful rebound around 7.50 levels before plotting entry if believe the stock can create new highs
- Since then, the stock has successfully rebounded and a good entry has presented itself
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest plotting entry if believe the stock is capable of creating new highs
JHX @ 16 NOV 2021Text me if you have any questions/comments for me.
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JHX
- Previous video analysis was done on 13 Nov (red arrow) - Suggested waiting for a retracement and a successful rebound
- Since then, the stock briefly created a new high and currently looks like it’s retracing
- Another healthy test of the short-term support will bode well for the uptrend of the stock
- At the moment, a successful rebound look to be around 56.50
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
JAN @ 16 NOV 2021Text me if you have any questions/comments for me.
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JAN
- Previous video analysis was done on 11 Nov (red arrow) - Suggested waiting for a successful rebound at around 1.24 before plotting entry
- Since then, the stock tested the short-term support and has successfully rebounded
- Today, it had a strong price action that was accompanied with above average volume
- Stock is now too far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
BST @ 16 NOV 2021Text me if you have any questions/comments for me.
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BST
- Previous analysis was done on 2 Nov (red arrow) - Suggested waiting for a retracement and successful rebound
- Since then, the stock has created a new all-time high and has retraced all the way below the short-term average
- I was in the stock and I got out on 10 Nov (blue arrow). I bought on 7 Oct and got out with a profit of around 23%
- Best to wait for a successful rebound before plotting entry
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound
Gold Builds Early Bullish Momentum!Gold has been resting well, and the rest may have given new life to the
bullish momentum as we are starting to see some progress this month.
An all-time high formed in August 2020 at $2075, and from there,
we saw a decline down through the $2000 psychological area of
support/resistance and below the 50 simple moving average.
Price formed an area of consolidation and formed a base just below
$1700 in March 2021. Price hit this level again in August 2021,
and this bounce from support has given price some much-needed momentum.
We have the $2000 round number above price, which may act as
resistance. If price makes it above this hurdle, then we have the
all-time high resistance at $2075, which may also act as an obstacle.
As price has formed a base in the consolidation zone, a breakout
of the the high or low will give us an indication of where price may go next.
The prior trend was bullish, so we are anticipating a bullish breakout.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
S&P 500 Ready To Breakout!The S&P 500 experienced a pullback last week and before that, price had climbed
up 3.64% following a consolidation breakout.
When price was pulling back, we identified the 20 simple moving average as the
next level of support that price would move down to.
Price did not make it to the 20 simple moving average and had instead found
support above this indicator and started to move up at the end of last week.
With the bullish candle from Friday’s close, we are anticipating a continuation
to the upside. A break and close above the recent high at $4718 will confirm this.
We are in the season where trends usually emerge, and the S&P indicates the
overall market is bullish.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
S&P500 outlook 11/12 BIG day today Do we continue to hold key levels & digest while letting bulls grow in accumulation / aggression?
IF we loose this current flag, very possible, markets will look much weaker.
This current ATH flag is very weak. couple days of holding but very easily could sell like 11/10
ASAN future potential - known for huge movesHighlighted large volume areas - Looking for a pickup of volume & a break thru 140 whole # - /ES needs to shape up before entry, likely a entry idea for the week beginning with 11/15 - I like to risk 7 days lows INITIAL STOP, for this strategy I am quick to trail my stop once 10% ITM ( in the money )
Ethereum About To Head To the Moon?Ethereum appears to be leaving Bitcoin behind in its dust as it is making new all-time
highs following the long consolidation period between May and October 2021.
During that time period, many crypto traders would have lost interest and felt the
trend was coming to an end, but staying on top of the charts is essential as anything
can happen at any time.
The 200 simple moving average acted as a strong level of support during consolidation
between June and July. The bullish momentum picked up in October, which took price
out of consolidation.
Any breakout can turn out to be a fake breakout which is why we like to see a retest
of support. So following the breakout, price tested support on November 6th before
breaking above the previous high.
As we see a pattern of higher highs and higher lows, we should see a continuation to
the upside and potentially a move towards $5000, which is the next level of resistance.
Cryptos can move fast at any time, so we will have to keep an eye on Ethereum
because it appears to be gearing up for something big.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
S&P Resting Before The Next Big Move?The S&P 500 looks set to repeat the trend which unfolded last November.
Back then price formed an area of consolidation from September and this
also occurred this September as well.
When we notice patterns in the market, we need to pay attention because
it will provide us with an advantage and give us an edge that could prove
very profitable.
Following the area of consolidation between September and October,
price formed an inverted head and shoulders pattern which is a trend
continuation pattern. And as we can see, the trend has continued
to climb higher.
Since breaking out of consolidation above $4545 on October 25th,
price continued to head up with a clean move, so we expected
to see a pullback sooner or later.
Price has now started to pull back after forming a new all-time
high at $4718. The levels of support below price are the
20 simple moving average at $4586, and then we have the
resistance turned support at $4545. The 50 simple moving average
is also below that, just in case we see a deeper pullback.
As for now, the market is bullish overall, and we are anticipating
a bull trend continuation. Our stocks are currently performing well,
and we are looking for compounding opportunities.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
CADJPY buy running ⤴️🙌Our trend follow EDGE strategy is being use on this trade.
Entry details are shown on the chart.
Trade has been live since 2:00 am UK time.
I automate my tradingview alerts so have been in trade since then.
Working the H1 time frame here and we're only looking for TP3.
Trades spent quite a bit of time in draw down after alert presented.
Has started to head in right direction but lets see where we end up.
As always trade history can be seen at the foot of this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
GBPCHF long is a go ↗️✅Good morning traders and here's to new week 👍
We are using our trend following EDGE strategy for this GBPCHF trade.
Entry details are shown on the chart.
Trade has been live since 8 am UK time.
Working the H1 time frame here and we're only looking for TP3.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
EURGBP short has just alerted🔔📳We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart trade has just alerted at time of writing.
Working the H1 time frame here and we're only looking for TP3.
Previous two trades can been seen on chart.
The trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.