0R3D trade ideas
Buy Signal: 48.96Ingenuity Trading Model-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
EBAY Long, Demand ZoneMonthly Support
Daily Demand Zone
entry 49
stop 46
target 58
Reward:Risk =3:1
Earning date 10/27 -- last week.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
EBAY - Feb 2021 PT $58-60Lets face it. I like EBAY. You like EBAY.
Just about everyone likes EBAY.
That aside looks like this bounces before reaching S1 line for a run back up to $50-$55.
Stop loss @ just under $44 , doubt it reaches that low though..
Feb 2021 PT $58-$60
*template & indicators used*
* Swing trade template(Zig Zag, Pivots)
*Supertrend V1.0
*Vol
*MACD
EBAY earnings today at 4:15pmEBAY earnings is today at 4:15pm. Consensus is P/E = $.84, +32% and Revenue = $2.71B. This could go either way, but one thing I do remember is EBAY moves a lot after earnings. So I got 11/06 expiry strangle, splitting the equity allotment neutral 1:1 ratio. At 12:30pm it was at 53 so that was a good entry for equilibrium price and the theta isn't bad = total of .22. Good luck and happy trading friends...
Stocks to watch on Monday #1Hi folks!
Will, we finally break that resistance at 54.23, who knows?! I cant see the damn future but in case we do;
it will be a good sign to go long.
My first price target is between R2-Pivot Point and the 100% Fib retracement (59.96-60.94)
If we fail, strong support is at 47.68
Trade safe, and check my other ideas regarding Monday!