superweijie

superweijie Updated  Jun 11, 2024

Short at 80-ish. immediate target at 79. Further extended targets marked

superweijie Jun 11, 2024

WTI Short Price rose aggressively with no retracement. it ran into 4H/1H formerly bearish signal, long tailed. Will be aggressive profit taking 1to1 and then a runner trade all the way to former consolidation @ 76-ish

superweijie Jun 10, 2024

35 pips has already happened. I see 3 circled lows within 15 pips of each other. The latest one that was formed was unconvincing as a near term bottom because of equal lows W shape. I will wait for a squeeze downwards before looking for the value above to be reclaimed. Ideal entry will be marked line.

superweijie Updated  Sep 7, 2021

In light of the Square, Ark Invest and Elon Musk stuff going on. This is how I will be approaching the market for the next few months.

superweijie Updated  Jun 17, 2021

Choosing not to trade, is itself a trade.

superweijie Jun 16, 2021

My original planned entry is around 36.5k level. A quick scout around shows that EVERYONE has the same idea. New expectation for everyone to be wrong, and that price will head to 34k instead. Action done: Resized my limit orders, and reposition a second order else. Sidenote: I DO NOT follow harmonic patterns, but as usual, I believe harmonic "patterns"...

superweijie Updated  Jun 16, 2021

This could easily be a runaway stock, given how much it has fallen. But I will exit when I have the chance, and re-enter based on a setup that I see formed. Original Buy Analysis - www.youtube.com

superweijie Jun 15, 2021

The yellow line are where I expect people will try to buy at a "discount". I expect hurt and fear to start coming in when yellow are breached. Purple lines is where I am actually interested. Patiently waiting and prepared to ignore any market/Tesla fear that will come if scenario really happens.

superweijie Updated  Jun 14, 2021

A simple line chart with just daily closing prices is sometimes enough to generate a trading plan. Using daily charts give clarity to trade on the 4h and 1h, giving potential targets and areas to watch out for. Some simple backtesting will give you the confidence and teach tons about support resistances, and supply demand zones. Personal trade. Waiting for 1836...

superweijie Jun 14, 2021

I am a short term trader who has a "correct" rate of about 50%. So take this with a pinch of salt. BTC is at a unsure level now. Fear from the "triangle" breakdown is mostly gone, and everyone is celebrating the "false breakdown" and anticipating a big breakout. Good time to re-evaluate your position IMO. Are you holding too much or too little? Underweight?...

superweijie Jun 12, 2021

Matic is one of the cryptos that I keep an eye out for because a friend once asked for analysis on it. We waited for the consolidation at 1.75-2 to be done. We waited for people to be squeezed out of their trades. We waited for an entry target to be hit. Time to collect some cash. I think either Alts OR the entire crypto economy is due for a little uppidy,

superweijie Jun 12, 2021

Nano went for a swim. Is it time to buy yet? Maybe.

superweijie Jun 11, 2021

Price has moved aggressively out of consolidation. Awaiting price to revisit point of breakthrough for a 1:1 trade.

superweijie Jun 10, 2021

Patterns just keep changing. What didn't change is that price is still consolidating... And until it moves and touches a previous planned zone, or make a new zone, no trades. Scroll back a little to see previous established buy zones... I am still hoping for a doge discount. And no, doge is not going to burst all the way to 0, it is small and manipulatable,...

superweijie Jun 8, 2021

Weird long because I am still stubbornly bearish long-term for Dollar Index till 85-86. Not going to ignore this trade though. Weekly demand zones have a high winrate in both forward and back testing.

superweijie Jun 8, 2021

Supply demand zone works amazingly with a 1 to 1 RR on stocks. Also, the stock should be popular, many "common people" must have bought into this stock. This gives more probability to volatility and bounces. I prefer this approach of waiting for price to come to me, over that of using buy/sell stops and trading/anticipating breakouts. ---- Story: I learned of...

superweijie Updated  Jun 7, 2021

For those who are overleveraged or invested money that you cannot afford to lose, please do not read this. I do not want to give unhealthy hope, or despair to anyone. ------- For those who nibbled a little like me, who entered at around 30k (with 20% of my total expected holdings...) I think this is a fakeout, and that triangle will soon morph to another...

superweijie Updated  Jun 7, 2021

Price worked way up to weekly LOC (last opposite candle). Expect that price henceforth will want to touch Green line before touching Red line. All short term trades now should be short biased.