Trader-Dan

Trader-Dan Updated 

- Price is at a trendline support - Divergence has appeared on the stochastic oscillatior. - Looking for a bounce to revert to the mean - SL & TP on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

JSE:MSM - Reversion to the mean trade - Price is breaking out from its consolidation - SL Below R38.11 / TP R65.35 R/R 1:2 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Bullish cup and handle playing our - 1st Target as been met (Flag breakout) - Targeting R155 zone JSE:SHP - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Always follow the charts and price structure - Price generally has news already "baked in" - Watching what we do at the R14.77 zone (0.618 retrace)

Trader-Dan

- ALSI ended the month on a positive note. - Markets are looking bullish and i expect the ALSI to follow. - I will be focusing mainly on LONG setups when trading the index. - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

- Stock has has a solid run and looks set for a breather - TP & SL on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

JSE:J203 After yesterday's wild ride (mid-term budget speech), price has arrived at the neckline of the setup i was looking at. Click on the link to view Markets are looking bullish but we still have Moody's release coming up which could throw a spanner in the works for the JSE and ZAR. I'm favouring long positions at the moment. Any pullback will allow...

Trader-Dan Updated 

- Inverted head & shoulders on the ALSi - Needs to break the neckline and close to confirm (30min candles) JSE:J203 - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

FX:USDZAR OVERVIEW - Price is sitting below the Kumo cloud and Tenkan-sen below Kijun-sen (bearish) - Chikou span has broken through kumo and we have a bearish twist of kumo = bearish bias on the pair - A falling wedge has developed with and oversold stochastic which could ignite a move to R15 level . (bullish) - We will be waiting for the FOMC rate...

Trader-Dan Updated 

- Price looks to have found a bottom - Double bottom + cup/handle pattern - Volume shows steady accumulation - TP & SL on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

- Price is up against the 200ma - A positive push through could see the inverted head & shoulders play out - Confirmation is needed so currently neutral - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Reclaimed the 200ma -Bullish flat top triangle, tendency to break upwards JSE:RLF - Looking for a positive close above R2.85 to enter LONG - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

TVC:DXY - The dollar index is at a key level . - Expect resistance here but watch if price breaks through and closes above the previous high (pin bar). - Lower timeframes will offer entries when price action confirms.

Trader-Dan Updated 

NYSE:HUYA - Price finding support at major trendline - Stochastic oversold - TP & SL on the char

Trader-Dan

- UPDATE on short idea (Link Below) - Nice move on trade $6000 next target

Trader-Dan Updated 

- TP & SL on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan Updated 

NASDAQ:COST - Solid uptrend - Good area to jump on the train - Break and close below TL will negate the trade - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Trader-Dan

- Short IDEA has triggered again -TP and SL on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.