METHOD: Long PAYPAL {price at entry 104.93} via: +2 PYPL 20 DEC 19 102 CALL @3.40 ; Trading with 0.50 of extrinsic value, with decay only threatening if losing the trade. STRATEGIES: Using DIS day chart: The 20/50 Mean green cloud contracts, and we can look for a new expanding cloud to form for a long from the mean. The Fisher Transform bounce signal...
METHOD: Short SALESFORCE {price at entry 156.40} via : +2 CRM 20 DEC 19 160 PUT @4.40 ; Trading with 0.75 of extrinsic value, well in the money. STRATEGIES: Using CRM day chart : The 20/50 Mean started a crossing downward pattern, and we can look for a new red cloud to form for a short. The Fisher Transform bounce signal has failed and is now showing a...
Hourly Momentum is suggesting that a break is ready to happen today. I will be looking for these indicators to turn south to prove me wrong; they are currently lined up well. Personally, the long was 2924, and at the time of the posting it is too late to enter. Here is some analysis on my twitter feed , and I am now updating it daily!!! twitter.com Find out...
A decent setup I have seen in my trading has appeared in ES mini futures! Using a day bar chart, I am using my HL2MA and Fisher Transform Scripts looking for a confluence pattern. Notice on March 12th and April 1st of this year we had a failure for bears on the rising HL2MA, as price could not cross it. The very next Fisher Transform long signal is usually a...
Stochastic providing the early entry. Stop is last low print - 2t 52.08. I happen to be 10m delayed and know from other platform that it went down about 13t from 52.35 to 52.22 during the delay.. still anywhere around here is the hourly swing up best entry if it's going to happen. If it doesn't.. it doesn't. If you like more confirmation, enter the DTI.
Gas popped on the news that a line caught fire in the south of the US. So notice how the news event negated any sign of the B3 Weeklies study working. As price capitulated and calmed down, the levels in the study regained validity. The support has held and 1.4719 mean is the target. R:R 1.5 to 1.
Looking for the reversal at support for this week, with a divergence in the VWM oscillator, entry timing looks to be perfect. Will check back in to show the follow through, or lack thereof. Here is why I would take the trade: I feel the return on risk is good. Target1 = 47.48 ; 72tic Reward .. manage risk to suit >= 1:1 : Target2 = 48.08 ; 132t Reward .....
I will be looking for price to follow through. Would like to enter short around 4820's, idea being enter within the ribbon and play the follow through of the new downtrend. Target last weeks low for >60pts. Risk 20pts at/around Friday's high, R:R = 3:1.
Looking for next directional tell as Silver sits in the pocket ready to bounce or continue the down trend.