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Xlf_buy

XLF - Financial sector SPDR S/R zonesHello traders, Description of the analysis: The financial sector is showing an attempt at stabilization, but so far there is no talk of stabilization. We see gaps up and down. It is necessary to wait for a clearly defined volume distribution. Gaps tend to fill sooner or later. The way up again will be hampered by marked resistances. At the moment, I would be very careful to invest in this sector. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
AMEX:XLFLong
by Jacob_Kovarik
New Area for XLF @ > 25 USD at least (historical context)What a rollercoaster the financilas got - no doubt :) How ever, based on some strategic facts (point of views) i realized that the financial sector still got time and room to prices above 25 at least. Why ??? The Sentiment changed !!! And not only this - of course politics in the US too. And this is probably the most inflous - the most bullish factor !? CNBC Joe (Squaqck Box) said an interesting set which not tasted good at first, but as longer i am thinking about it, it`s sounding plausible: "Maybe we don`t see a Trump Rally !? Maybe it`s an Obama recreation" (he said this set not word by word - in context of course - don`t nail me for this quote). And thats what i am also starting to believe. It`s much more an recovery of the last 8 years - even under Obama (and his policy in context to the financial markets) - even in relations to the US Equities (Financials & Energy Sector). I am not an political analysis or even political expert, but this hypothesis makes sense in historical context of the chart! And that`s the reason why i am so pretty optimistic - kosher confident (self-disciplined) not euphoric bullish. `Cause i can`t feel maniac future optimism around me - not here in chats, not on other intenet sites, not on CNBC or BloombergTv and by no one of my trading buddies. 2400 at least for the SPX are in (over Christmas into Trumpe Presidency start) 25 at least for the XLF are in (over Christmas into Trumpe Presidency start) Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
AMEX:XLFLong
by Devise2Day