Here is my view on JNJ; it is at a support level in a very long uptrend; There is a potential of 15% appreciation if taking profit before the resistance level on cash equity without using leverage. If using leverage, I'd risk 5% from my trading capital and put a SL below the support area, the Reward to risk will be around 6 to 1 or 30%.
They say the trend is a friend, indeed it is. Gold is in an uptrend, I already took 2 trades within the past 10 days, each has 5:1 RR with a risk of 2% per trade, already achieved 20% in 2 trades within 10 days. And here is the 3rd trade on gold same setup as the previous ones. The secret of a successful trading is to minimize the risk, being patient, waiting for...
Here is a long high probability trade on gold with an easy 6:1 reward to risk. The buy level is a combination of a demand zone nested in a clean and beautiful uptrend. This is a swing trade might take few weeks to reach target. If you didn't have a chance to take this trade yet, it's totally normal and happens with me all the time, wait for a correction and enter....
Here is a long opportunity on Gold A demand level combined with an uptrend line connecting higher lows R:R is between 3 to 1
These are 2 levels on EURUSD I'm looking to take a buy and a sell. Once one of them is filled first I would re-assess the other. the analysis is based on supply and demand, the buy level is with the trend (uptrend) however it is located in a supply area on a bigger timeframe (daily & weekly), that's why I'm conservative with my TP to max 3:1 Reward to risk. The...
Short Opportunity, Bearish momentum, Reversal sign on big picture (weekly and daily TF) I follow Supply and demand analysis, the level where I'm selling is a supply level showing an imbalance between buyers and seller, it is a drop, base and another drop. the base is my level meaning there was a battle between buyers and sellers filling orders and finally seller...
TVC:DJI High Potential Short Trade on the Dow, it is worth a shot