🟩 $EE - Buying nowI like the primary base here.
Buying a pilot position into this.
RS rating is low = 83
No of funds accumulating is increasing nearly 200 funds as of Sep 22
EPS '23 is breakout @ 1.06 (+212%)
Fundamentals are great
Postion
🟩 $ENPH - added last week$ENPH has been showing the characteristics of a Market Leader - I bought last week. Here is why:
1. Confirmed Stage 2 uptrend
2. 11 week constructive base (Cup and Handle pattern)
3. Strong RS rating
4. Breakout Year on EPS
5. 2 Quarter EPS acceleration
XAGUSD potential 3/8 trap up move in future projectionLooking at weekly time frame.
We must wait for support to confirm trend .
What is position Trading ? What Is Position Trading?
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Position trading is a strategy where traders and investors aspire to capitalise on strong pricing trends through entering and remaining present in a market for an extensive term. A position trade is a commitment of both time and money, with the intention of realising a sizable gain from the sustained growth of an open position's value.
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📊 Advantages Of Position Trading 📊
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The advantages of position trading include the following:
🔵 The negative factors have a minimum degree of influence – if a trader buys, for example, on the weekly chart, he won’t be shocked about the daily price fluctuations. The position trader feels less stressed compared to the day trader.
🔵 The ability to “squeeze out” the maximum of a trend – position traders do not have to regularly open and close positions, thereby losing on spreads.
🔵 High profits – position trading allows you to trade with high leverage, as the probability of a mistake is much smaller than in conventional trading.
Disadvantages Of Position Trading
The disadvantages of position trading include the following:
🔵 The need for a high deposit – Position trading with the minimum amount of funds is simply irrelevant. It is likely that the strong price fluctuations will lose everything.
🔵 Swap – The swap is a commission paid to the broker for the transfer of the trade to the next day. If the position is open for a long period, the swaps can accumulate a large amount.
🔵 Risk – The risk is much lower when compared to day-trading or swing trading, but if a mistake is made, it will likely be fatal. If a trader goes against the trend, he will lose not only his deposit, but also the time in which he could generate a profit – don’t forget, we are speaking about months.
BTCUSD Possiby Sell to Buy Zones on Daily TimeframeThe PB on the Daily Timeframe is likely to propel price back to the top as price fills the FVG and gets to it, What are your thoughts?
EURUSD is ready for LONGGuys,
EURUSD is on downtrend, however, the nice retracement is expected as the price is going to touch a key support level. Reasonable correction to the 38.2 % of fib is expected in following days.
FX:EURUSD
eurusd pullbacksee my profile for full analysis of eurusd
eurusd pullback to break-outed line and then going to sell position again.
