how to get a tight stoplossthis are the guiled on how to trade the strategy
first you will look at the higher time frame for your market bias and you can switch to many time frame up to 15min time frame to look for the entry
Tightstop
RIG - Good opportunity post-earnings drop with very tight stop We are seeing clear sell-side tapering with the orange algo and purple showing it's control. We are now retesting the breakout of strong selling magenta and coinciding with green buying continuation.
This could be a very good opportunity knowing that if we don't hold green, we're out. However with a retest of magenta and a proven buying continuation lining up, I will definitely enter a position if the opportunity presents itself.
Hope to be back more consistently in a week or two when I'm back in the states.
Happy Trading :)
- TraderDaddyOG
EYES ON SNIPER US30 SETUP
With that being said, I am looking at this setup on US30 based on the current price action schematic that I see being printed by the market algorithm in relation to what I have seen in the past.
The market is a cyclical puzzle but once you keep seeing the same pieces, you being to notice recurring patterns on the charts.
Once you begin to notice these recurring patterns, burn them into your memory and react to them mechanically.
Trading is a game of risk management, repetition, and probability.
Lock in on one strategy as you can and chisel it.
You will find success in the markets much faster.
US30 has been my go to pair since I started trading in 2020.
I have poured countless hours into trading this instrument on a day to day basis.
I have used countless strategies working to find one that works best for me.
Make sure you do your due diligence and only take this trade if it aligns with your own analysis of the market.
What I am showing is POTENTIAL setup, with the market, profit is possible but it is NOT guaranteed.
NEVER overleverage your account on any trade ideas that you see from me or from other traders you may follow on this platform.
Happy Trading World!
MNST - after the BOOn 18/11 I added calls for next januari and june.
Closed half my position on 23/11 around $104, because of the lower volume at the beginning of the day and the good run it had the past days.
When the price drops below the short term trend line, i will close the other positions.
Pretty defence because it is still a choppy market/
Will keep monitoring MNST to look for new consolidations and pivots.
For now my primairy positions are in ARRY (bought on the BO 23/11) and ABCL (same day, but lesser action).
LINK Trade Set Up 16% Pump!Link Is right above support and as long as BTC remains short term bullish, I can see LINK pumping my target around 16%. Remember to use a tight stop-loss and manage your risk in case the trade moves against us.
Love it or hate it, hit that thumbs up and share your thoughts below!
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
This is not financial advice. This is for educational purposes only.
NOC showing very nice VCP characteristics, tight stopEntry with a super tight stop close to the danger point of making an outside day. A tight stop and the liquidity of this stock gives the opportunity to go bigger on size.
Avg Cost: 461.06
Bought: 18K
Risk: 150 USDs
Risk: .92%
Saitama Next Support & Resistance Mapped!Saitama had a nice pump after Certik audit was complete for SaitaMask. It had a big sell-off since but has found support right above the red line shown on my chart. Keep an eye on these Red Lines which indicates the support and resistance areas. At this moment, since it's at support, it's looking more favorable to long this project with a tight stop. If we can flip the resistance shown above to support then the next target is shown by the next red line above. If the bearish pressure continues, we can drop to the next red line below. Let's see how this plays out.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts!
This is not financial advice. This is for educational purposes only.
HOOD Blast!!Money Makers!
Keep an eye on HOOD. There's a lot of ppl that are naturally watching this stock due to previous complications during the hype of a few other stocks we should all know about I think this stock is getting ready to move higher with a massive sell-off to support yesterday. It has a few areas that it needs to overcome before it's a clear path to previous ATH. If this previous ATL is broken, I'm not sure how low it will go but I would look for a retest of s/r before thinking of shorting. Time will tell. It's all about Market structure, Area of value, and Entry Trigger.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
potential breakout off an earnings baseNASDAQ:IPHI Solid fundamentals with a very constructive base forming. It recently made a small move up while finding support. The ATR is showing a vey tight trading range with well below average volume and good relative strength. I will be looking for a break out entry through 162.20 area against the 157 area.
xrp Long scalp (maybe more)range is tight. monthly pivot might give at least 1.5 cents up. will have to see from there. camarilla / cpr / magnetic trade
use tight stop. looks like potential consolidation that may lead to expansion
AUDUSD Potential Huge DropAUDUSD Likes to trend a lot. The pair moves quite "nicely" as far as pairs go.
AUDUSD Currently created a double top and stepping down with lower lows and lower highs.
Creating a liquidity gap that needs to be filled before continuing down. There is a high chance for a sell limit to be triggered in my middle grey zone and a high chance of having a nice tight stoploss.
AUDCAD (MEDIUM TERM) TIME TO BUY?The pair to me looks like its getting tightly squeezed into this type of falling wedge, can we see a correction to the medium top channel and maybe a break above towards the impulsive leg? The pair for me is still bearish and i will be watching it closely as their may be some kind of shift in momentum towards the upside and a continuation possibly for a little longer than short term. If you are going to trade this, i suggest you watch it as bulls have not been strong at all
BTCUSD. Falling wedge is forming by the Libra's hearings dateKey notes:
If Bitcoin broke down the uptrend line and a median of a downtrend channel, it will probably go down under 7k fast.
For now, we have a falling wedge and decreasing volumes inside it, which can indicate that sellers are exhausing.
I'm holding longs from ~8280 with tight stop, until wedge isn't broke. In a good case if BTC doesn't fall down, wedge will be resolved with target between 9k - 9.4k.
SPY and S&P-500 - time for speculative short?TVC:SPX and AMEX:SPY are still forming triangle, and when it breaks we can expect that move in the direction of the breakout would be rather strong.
Nevertheless, for low risk entry (though also with much more uncertainty), trade may be attempted right now with stop just above previous high @294 and target as far ~275 area.
Again with such tight stop the failure rate is likely to be high, but potential reward is rather huge if succesful
AUDUSD LONG (scalp)Looking for price to bounce off the double bottom and re -test the downtrend
This is more of a scalp I'm only risking 1% on this with a very tight SL
R:R Just under 6.4
This is not a signal just a suggestion.
EURUSD LONG WITH A TIGHT STOPThere is a upwards channel, and it can't seem to break the support, as the 4 wicks have touched the support.
A tight stop loss can be placed under the wicks.
GBPCAD SCANCaught this D point with a 5pip S/L before i had any pitchfork on nothing, want to know how hit me up with private message. madness how precise this strategy is. all about selectivity.
Educational purpose only, not giving signals, not bragging just sharing
Late-Week Buy From Macro Fibonacci Support In WTI Crude FuturesA bit earlier, the EIA crude oil stocks report was released to the public, capping this week’s inventories cycle. The number came in on the low side, bringing short-term bulls to the table in force. However, immediate buying gave way to bearish action amid robust participation.
For the rest of the week, I will be looking at scalps to the long from above the 62% Macro-Wave Retracement at $66.85. With an initial stop at $66.72, this trade produces a tidy 10-13 ticks using a 1:1 or sub-1:1 risk vs reward management plan.
Scalping Opportunity In The USD/CAD From Beneath 1.3200The recent slide in WTI pricing has not been kind to the Canadian dollar. However, last week’s hawkish move from the BoC has helped the Loonie hold its own against the USD.
Today's bullish pressure may bring a short from just beneath topside resistance near the 1.3200 handle into play. Here is the plan:
1)Entry: Sell 1.3196
2)Profit Target: 8-12 pips
3)Stop Loss: 8-12 pips, depending upon profit target
4)Risk Vs Reward Ratio: 1/1
The USD/CAD is trending higher on intraday timeframes as WTI crude falls beneath the $67.50 handle. A moderate profit target is the best idea against the intraday trend.
VEChain Potential 50% Mover on a TIGHT StopIts a super tight Stop right now (around 5%). If this thing sparks upwards momentum it can run a good 50% relatively fast.
Entry below 0.000465
Target 0.0007
StopLoss 0.000365
For The Win
Bear Trendbeen shorting since 122 levels short again @117.833 predicting breakout on 4h . [email protected] [email protected]
